Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
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    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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    In Australia, Burger King is called Hungry Jack's.
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    Harrods have three private wells to supply their water!
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    Samsung is also a full time weapons manufacturer.
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    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
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    Nearly 22,000 checks will be deducted from the wrong account over the next hour.
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    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
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