Past Present ContinuousFinance Fridays Railroads were one of the first disruptive innovations: they changed England from an island of moderate, agrarian towns into a quick, urban, industrialized country. Railroads increased productivity, diminished production costs and encouraged working class customers to purchase factory produced merchandise. Due to their job as the driving innovation of the industrial revolution, the […]
Finance Fridays Microsoft and Apple have always been fierce rivals, being mammoths in the tech industry. Bill Gates had become the world’s richest man by 1995, with a net worth of $13 billion, and his firm company was competing with Jobs’ for the dominant spot in the personal computer space. And then, in August 1997, […]
Enron was one of the world’s most creative corporations. America’s seventh largest company, over 30,000 employees, and then a scam that led to a share price high of $90.75 fall to $0.26. Finance Fridays Enron was once the seventh largest company in the United States. They were behemoths in the energy and trading markets. Their […]
How a Dhirubhai Ambani game led to the closure of the stock exchange for 3 days Finance Fridays If I were to produce a TV series, this plot would make one of the best financial thrillers of all time. Alas, I’d rather try and pay off my education loan first before venturing into something of […]
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