Category: Business

Starbucks sometimes operates at a loss intentionally and…

Starbucks sometimes operates at a loss intentionally and clusters several locations in a small geographical area to become anti-competitive in the market.

Photo : AKS.9955 / wikipedia

McDonald’s is called Macca’s in Australia. The…

McDonald’s is called Macca’s in Australia. The nickname became so popular, they’ve registered it and in 2013, they even changed the signage.

Photo :  Maksym Kozlenko / wikimedia

In 2012, a Hong Kong business tycoon announced $65m reward for…

In 2012, a Hong Kong business tycoon announced $65m reward for any man who can woo and marry his lesbian daughter.

The Ring Finders is a worldwide organization of metal-detection…

The Ring Finders is a worldwide organization of metal-detection enthusiasts who recover lost items at little to no cost. Members have about an 80% success rate at finding last keys, rings, cellphones, time capsules, burial urns and more.

Instead of selling 6 shares for 610,000 yen, a trader sold…

Instead of selling 6 shares for 610,000 yen, a trader sold 610,000 shares for 6 yen, which resulted in a $100M loss for his company.

The first Roman fire brigade was created to be very lucrative….

The first Roman fire brigade was created to be very lucrative. Arriving at the scene, the fire fighters did nothing while a price was negotiated. Failing to reach a deal, the structure was allowed to burn to the ground after which an offer was made to purchase it for a fraction of its value.

Photo : Sylvain Pedneault / wikipedia

Trader Joe’s has a “try before you buy” policy…

Trader Joe’s has a “try before you buy” policy – where employees will open nearly ANYTHING for you to sample.

Photo : Anthony92931 / wikimedia

Most Converse sneakers have a very thin layer of felt applied to…

Most Converse sneakers have a very thin layer of felt applied to their soles, in order to legally classify them as slippers. This saves the company more than 33% in import tariffs.

Nellie Bly, a 19th century female journalist went around the…

Nellie Bly, a 19th century female journalist went around the world in 72 days, pretended to be insane in order to expose the deplorable conditions in mental asylums, patented two designs for steel cans and ran a million-dollar iron manufacturing business, all before the age of 40.

The website PrivateIslandsOnline.com provides listings for…

The website PrivateIslandsOnline.com provides listings for hundreds of private islands for sale around the world. Prices currently range from $22,000 up to $462 million.