Browsing: Business and Economics

A Brief History On January 23, 1957, inventor Walter Morrison sold his plastic flying disc to the Wham-O company, which named the item “Frisbee” and has now sold over 100 million of the tossable toys! Digging Deeper The invention dates back to the 1930s when Morrison got the idea by throwing the lid to a popcorn can before graduating to cake pans.  Now made of plastic and copied by numerous companies, the beauty of the Frisbee is in its simplicity, with no moving parts, no batteries, and low cost. After serving as a fighter pilot during World War II and…

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A Brief History On January 22, 1984, Apple introduced their iconic home computer, the Macintosh, on a television ad during Super Bowl XVIII.  The Mac is notable for being the first commercial computer to make popular use of the “mouse” and the “graphical user interface,” that is, using clickable icons instead of having to type text commands for many functions. Digging Deeper The Apple “1984” ad for the Macintosh is considered a groundbreaking ad that set a new standard for Super Bowl commercials.  Super Bowl commercials have become an annual tradition for millions of people, either for the dramatic debut…

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A Brief History On January 21, 1981, the DeLorean sports car started being produced in Northern Ireland, with production ending in December of 1982.  Only about 9,000 of the futuristic cars were built. Digging Deeper Featuring gull-wing doors and a rear mounted V-6 engine that produced a paltry 130 horsepower, the DeLorean boasted stainless steel outer panels and struggled to reach 60 mph in a reported 8.8 to 10.5 seconds.  For a purported “sports” car, the DMC loafed its way to a quarter mile in 17.9 seconds at a final speed of only 76.5 mph.  For comparison, the two-door, two…

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A Brief History On January 16, 2020, the US Senate confirmed a new trade agreement between the US, Canada, and Mexico, aptly called the United States–Mexico–Canada Agreement. This new trade treaty was the promised replacement of the previous agreement, called NAFTA, or North American Free Trade Agreement, an agreement reviled by President Trump who had promised to renegotiate the agreement and replace it with a pact more beneficial to the US. Digging Deeper Although then President Trump was the impetus behind the USMCA, as a presidential candidate and as president elect in 2024, Trump has turned against his own agreement…

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A Brief History On January 9, 1964, a riot broke out between Panamanian nationalists and American Canal Zone Police and US Military forces stationed in the Canal Zone after a Panamanian flag had been torn during a confrontation between the Panamanians and Canal Zone Police. Digging Deeper As the riot and violence grew, US Army troops were called in to quell the riot, leading to three days of fighting that left about 22 Panamanians and four Americans dead. Panama had gained its independence with the help of the US in 1903, for the American aim of building the Panama Canal. …

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