Tag Archives: business

October 25, 2000

On October 25, 2000, AT&T Corporation announced that it had finally attended family counseling and because of the help of its therapist, it would be restructuring into a family of four, separately trading companies. AT&T Business would be the Daddy, … Continue reading

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July 27th, 1663

On This Date in TWISTED-HISTORY.com in 1663 the British Parliament passed a second Navigation Act, which required all goods bound for their colonies to be sent in British ships from British ports. Why? Because those British ships were owned by … Continue reading

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December 3, 1835

On This Date in TWISTED-HISTORY.com! in 1835 the Manufacturer Mutual Fire Insurance Company of Rhode Island issued the first fire insurance policy to Antonio “Matches” Garducci XI. On December 7, 1835, Mr. Garducci’s warehouse full of fireworks, imported Chinese silk, … Continue reading

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November 12, 1946

On This Date in TWISTED-HISTORY! in 1946 the first drive-up banking facility opened at the Exchange National Bank in Chicago, Illinois. This idea proved so popular, that many other businesses quickly capitalized on the idea. One industry where this business … Continue reading

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October 26, 1949

On This Date in TWISTED-HISTORY! in 1949, US President signed into law the raising of the minimum wage from 40 to 75 cents an hour. Staunch Republicans and business leaders railed and protested against the law and predicted that the … Continue reading

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