70 U.S. Business Facts That Show How Companies Changed America

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26Target Tracking

Target Tracking

An algorithm developed for Target to predict who was pregnant in order to optimize advertising predicted a specific teenage girl's pregnancy, even before her family knew about it.


27. UPS drivers don’t take the shortest routes. UPS has special software which optimizes each route by eliminating as many left-hand turns as possible. As a result, UPS claims it uses 10 million gallons of less fuel, emits 20,000 tons of less carbon dioxide and delivers 350,000 more packages every year.


28. In the 1920s and 30s, Procter & Gamble (originally known for soap and candles) sponsored several radio shows, those shows becoming known as “soap operas.”


29. Wal-Mart once pulled Midge, a doll in the Barbie line, from the shelves due to concerns she was pregnant with no wedding ring and it would promote teen pregnancy.


30. In 2012 Wells Fargo fired a customer service representative for putting a cardboard dime in a laundry machine when he was a kid back in 1963.


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31New GM

New GM

In 2009, General Motors declared bankruptcy, took billions in government bailout money and issued new stock for the "New GM," with no compensation for the old shareholders now worthless "Old GM" stock.


32. Boeing was banned from bidding on contracts for US spy satellites after one of their contracts went over budget by at least $4 billion before it was ultimately canceled and given to Lockheed Martin.


33. Wal-Mart loses around $3 Billion a year to theft. In 2015, $3 billion dollars lost due to theft constituted only 1% of Wal-Mart’s $300 billion revenue.


34. The FedEx logo has won over 40 design awards and was ranked as one of the eight best logos in the last 35 years. The white arrow in the logo was an intentional design choice, created by blending two different fonts together.


35. When PepsiCo entered India, the Indian government stipulated part of its local profits be used to purchase tomatoes. This requirement worked for PepsiCo because it also owned Pizza Hut at the time.


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36Camaro

Camaro

When the Camaro name was unveiled by General Motors in 1966, 200 journalists present asked Chevrolet managers what it meant. They replied, “a small, vicious animal that eats Mustangs.”


37. Tropicana OJ is owned by PepsiCo and Simply Orange by Coca Cola. They strip the juice of oxygen for better storage, which strips the flavor. They then hire flavor and fragrance companies, who also formulate perfumes for Dior, to engineer flavor packs to add to the juice to make it “fresh.”


38. In order to stand out from competing catalogs, Sears simply printed their catalogs on smaller paper so when a stack of catalogs were delivered, theirs would always be on top.


39. Ford was the first American Company to give its workers both Saturday and Sunday off, in hope that it would encourage more leisure use of automobiles, and thus popularizing the idea of the “weekend.”


40. Citigroup CEO Vikram Pandit apologized for Citigroup’s board of directors’ misuse of bailout money on increasing his salary, condemned their purchase of a private jet plane, and worked for 2 years for only $1 a year until they returned to profitability.


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41Proud American

Proud American

Wal-Mart, Coca-Cola, American Airlines and two other corporations released a movie called Proud American in 2008. The movie featured an overly-patriotic storyline about the wonders of American life. It was a failure, and became IMDB's worst movie of the 2000's.


42. AT&T made a working answering machine in 1939 but suppressed it, thinking public fear of being recorded would lead to widespread abandonment of the telephone.


43. General Motors chemist Thomas Midgley Jr. invented both chlorofluorocarbons and leaded gasoline, having “more impact on the atmosphere than any other single organism in Earth’s history.”


44. Mexican shamans began to use Coca-Cola in their religious rituals to heal worshippers. When PepsiCo discovered this, they offered commissions to shamans for using Pepsi instead. When Coca-Cola began paying too, rival religious groups were formed based on which soft drink they used.


45. FedEx uses several empty cargo planes that roam the country’s skies overnight in circuitous flight paths, ready to divert on demand in order to accommodate unexpected package volume.


46Acxiom

Acxiom

One of the biggest companies you’ve never heard of is Acxiom. It gathers information on some 700 million people, with up to 1,500 data points per person, for ultra-targeted marketing. Their database is detailed enough to list the people who buy a particular brand of cereal in your local supermarket.


47. NBC and AT&T used corporate and government bullying to destroy the life of Edwin Armstrong, inventor of the FM radio, leading to his suicide.


48. Target Retail Corporation has 2 U.S. based forensic labs where they solve retail crimes, felonies, homicides, and special circumstances cases for law bureaus that need the extra manpower, facilities, resources and time – free of charge.


49. In 2005, a German court upheld the right of citizens to flirt at work in response to Wal-Mart Germany’s policy banning any sign of attraction between its workers. The court said that such regulations may be acceptable in the US, but they are incompatible with German labor law and employees’ personal rights.


50. Ford slowly sped up the car production line until workers couldn't cope. Unions were formed with the agreement that production line speeds couldn't be altered unless agreed upon.

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