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Some companies collapse over years. This one started collapsing in the middle of a laugh. On April 23, 1991, Gerald Ratner, CEO of the world's largest jewellery retailer, told a room of six thousand business leaders and journalists at the Institute of Directors' conference that his own products wer…

Eighty Years to the Last Booth

A sheet metal shop that started out making window frames in Oakland, California ended up building more than 600,000 of the phone booths that once lined nearly every American street corner. On September 30, 2005, Benner-Nawman, Inc. assembled its last telephone booth at its manufacturing plant in Wi…
Coffee is one of the most valuable traded commodities on earth, and for most of its modern history, almost none of that value made it back to the people growing it. On October 1, 2015, the International Coffee Organization launched the first International Coffee Day at Expo 2015 in Milan, Italy, a …
A Washington courtroom forced the largest company in the world to break itself into pieces, and one of the smallest pieces eventually bought the parent back. On October 5, 1983, Southwestern Bell Corporation was incorporated as the new holding company for a regional telephone carrier caught up in t…
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