Trading onion options is illegal. In the 1950’s two traders in Chicago cornered the market by crashing the price of a 50lb bag of onions to lower than the cost of the bag that carried them, leading to a shortage of onions in the U.S. en.wikipedia.org/wiki/Oni…
Today I learned about The Whole Shabang, a brand of chips initially only sold at prison commissary stores. The chips were so popular amongst ex inmates that it became a grey market commodity and finally was sold to the general public. en.wikipedia.org/wiki/The…
Spanish porn star Nacho Vidal was born into a very wealthy family. However, most of the family's wealth was lost on Black Monday, the stock market crash of 1987. In 2005, using his porn star income, Vidal bought back the mansion his family used to own. en.wikipedia.org/wiki/Nac…
The ancient Chinese emperor, Zhu Houzhao, had a fake shopping market built outside his palace so he could pretend to shop like the commoners did. It was staffed by his servants who he made dress up like merchants and commoners. historythings.com/history…
99 percent of vanilla-flavored products on the market, from vanilla-flavored vodka to vanilla wafers and vanilla pudding, don’t actually contain vanilla, since it is the world's second most expensive spice. nationalgeographic.com/cu…
Generic SNES space shooter β€œPhalanx” had an old man playing a banjo on the cover, not for any relation to the game itself, but purely as a marketing technique to differentiate itself in the crowded space shooter market. β€œBanjo man” does not appear in the game at any point. nintendolife.com/news/201…
The US banned the trading of future contracts of onions in 1958. TLDR- two onion traders got greedy and basically formed a monopoly on onions. They also cornered the onion futures market on the Chicago Mercantile Exchange. They made millions. The US gov put an end to it. en.wikipedia.org/wiki/Oni…
Somali Pirates set up an exchange (like a stock market) where people could buy shares in pirate groups to finance their operations. A 22 year old 'investor' made $75,000 in 38 days after joining the 'company' - after getting a share of ransom money. reuters.com/article/us-so…
Today I learned of Vincent Kosuga, who is the reason why the US government banned the trading of futures contracts on onions on the stock market. en.wikipedia.org/wiki/Vin…
Saran Wrap isn't as "clingy" is because it used to have a toxic chemical in it and they voluntarily removed it, costing them almost half their market share delish.com/food-news/news…
Today I learned about Oishi Matashichi, a Japanese anti-nuclear activist and a fisherman exposed to the radioactive fallout of the Bravo Nuclear Test. His catch of tuna and shark was found to be contaminated with radiation, resulting in two tons of tuna buried at Tsukiji fish market instead of being sold. en.wikipedia.org/wiki/Ois…
The teen who sold a kidney for an iPhone is now attached to a dialysis machine. He suffered organ failure, and is likely to be bedridden for life after suffering renal deficiency. He could get a transplant for $336,000 AUD on the black market - more than 80 times what he received for his kidney. vice.com/en_au/article/bj…
For years United Technologies Corporation, a major American arms developer, illegally gave China access to highly classified military technology in exchange for an increase in profits and entry into the Chinese civilian helicopter market. reuters.com/article/us-us…
Today I learned of the Phoebus cartel, which controlled the global lightbulb market for over 15 years and worked to remove long-lasting bulbs from the market in order for lightbulb manufacturers to profit more en.wikipedia.org/wiki/Pho…
Though Casio (1985) and Sharp (1986) were the first to market graphing calculators, it wasn’t until 1990, when Texas Instruments released the TI-81, that they began to hit the mainstream. At the time, most students were fine with drawing graphs on paper and educators were wary of change thehustle.co/graphing-cal…
Veggie straws are actually worse for you than most potato chips on the market. isitbadforyou.com/questio…
Henry Ford probably never said "If I had asked people what they wanted, they would have said faster horses" - but his tone-deafness to customers' needs in the 1920s, when GM was producing numerous models to Ford's single Model T, caused Ford's market share to drop from 70% to 15% in 6 years hbr.org/2011/08/henry-for…
Raffi was approached by the producers of "Shrek" about making a "Baby Beluga" movie but he turned them down because he refused to market directly to children seattleweekly.com/music/r…
For the 1990 film "Arachnophobia," advertisers were uncertain as to whether they should market the film as a thriller or a comedy. Therefore, television spots promoting the film billed it as a "thrill-omedy". en.wikipedia.org/wiki/Ara…
Today I learned of the term "betamaxed" which is used to describe when a superior product loses out in the market to an inferior one as a result of marketing, influence or other factors unrelated to product quality. techopedia.com/definition…
During one of her Oprah's Favorite Things specials Oprah Winfrey promised every audience member a car. However, as the cars were the yet-unreleased 2012 VW Beetles, the members had to wait until the model reached the market to get their cars. en.wikipedia.org/wiki/Vol…
Stephanie Kwolek the inventor of Kevlar was working on finding a new, lightweight substitute for steel belting in automobile tires, on fears of a looming oil shortage and in anticipation of a market for lighter tires. What resulted was a new fiber five times stronger than steel by weight. en.wikipedia.org/wiki/Ste…
Today I learned about America's top ace of all time, Major Richard Bong. He flew through Market Street, SF, and looped around the Golden Gate Bridge before eventually serving in the Pacific theater of WWII. He died in a testing accident on the same day the first nuclear bomb was dropped on Hiroshima. en.wikipedia.org/wiki/Ric…
Audi had to use more durable horns in Indian-market cars, as their normal horns would have been unable to cope with the amount of honking Indian drivers do. jalopnik.com/audi-is-desi…
Dogecoin, the cryptocurrency featuring Shiba Inu dogs which was largely created as a fun parody, actually reached a US$2,000,000,000 market capitalization in January 2018. cnbc.com/2018/01/08/a-par…
In May this year, the market cap (total value of shares) of Zoom Video Communications became worth more than the market cap of world’s 7 biggest airlines combined (American, United, Delta, Southwest, Lufthansa, Air France-KLM, IAG - British Airways & Iberia) techstartups.com/2020/05/…
Da Vinci discovered that severing the spinal column of a frog resulted in instant death. But it seems he felt disturbed by hurting living things, stopped working on live animals, and became a vegetarian. In fact, he loved animals so much that he would buy birds at the market and let them go. dana.org/article/the-hidd…
When Renault was planning to release a model called Zoe, a woman named Zoe Renault sued the company to make them change the car's name. However, the court allowed Renault to release the Zoe, which has become the all-time top selling electric car in the French market. en.wikipedia.org/wiki/Ren…
When in the 80s cheaper brands were lowering Intel's market share, the brand didn't know how to convince users to buy Intel-based PCs. But one retailer told them it would be enough to just tell people computers had Intel chips - and their idea, "Intel Inside" campaign, was a big sales success. en.wikipedia.org/wiki/Int…
Shopping scenes from Harry Potter were filmed at Leadenhall Market, the Victorian Era covered market in central London en.wikipedia.org/wiki/Lea…
Pillsbury own the trademark "Bake Off" so the show The Great British Bake Off had to change its name for the US market thekitchn.com/great-briti…
Silly String was invented to be used as an aerosol spray to create an instant cast on broken and sprained bones. It worked, but while testing nozzles it was noticed it produced a 30' string. This inspired the inventor to change the formula to be less sticky, add color, and market it as a toy. en.wikipedia.org/wiki/Sil…
Avis' "We Try Harder" slogan, referencing how they were the #2 on the car rental market, was withdrawn after Avis dropped to being #3. businessinsider.com/heres…
300 years ago, Sir Isaac Newton lost the equivalent of millions of dollars in the first stock market bubble. smithsonianmag.com/smart-…
Dunlop tires actually come from four different companies - depending on the market, the brand is owned by either Goodyear, Sumitomo, Continental or Ruia Group. In fact, in North America Goodyear makes Dunlop car tires, while Sumitomo makes the motorcycle ones. en.wikipedia.org/wiki/Dun…
The first ever phone to run in an Android system is the HTC Dream also known as HTC G1 or T-Mobile G1, as it was set to revolutionize the smartphone market. Aside from running in an Android system, it had 3G support and 3.2 inch screen smartphone and it was released in 2008 gizmochina.com/2019/06/06…
When Volkswagen entered the US market in 1949, they only managed to sell two cars in their first year. wardsauto.com/news-analys…
Wasabi is so expensive and difficult to grow, that almost all of it on the market is in fact dyed horseradish. huffingtonpost.co.uk/entr…
In 2009, Tropicana invested $35 million to rebrand their Orange Juice packaging. Within two months of the change, sales dropped 20% and they lost significant market share before switching back to their original carton. The failed marketing experiment cost them over $50 million. thebrandingjournal.com/20…
Today I learned about 'Dead cat bounce', a Wall Street saying that "even a dead cat will bounce if it falls from a great height", referring to a small rebound during or after a stock market crash en.wikipedia.org/wiki/Dea…
Today I learned of Fordlandia, a suburban town built in the Amazon Rainforest by Henry Ford in 1928 with aims to control the rubber market. en.wikipedia.org/wiki/For…
Only specific types of sand are useful in important building materials like concrete. This has creates a shortage of sand in some areas leading to black markets for illegally mined sand run by sand mafias and sand pirates. npr.org/2018/08/14/637734…
In the 60s Dr.Pepper tried to market itself as a hot drink, to try and sell more in winter. mentalfloss.com/article/6…
There’s a cryptocurrency named Dogecoin with the face of a Shiba Inu as it’s logo. It was made as joke in 2013 but is now worth over $350 million in market value. wikipedia.org/wiki/Dogeco…
There is a black market for beer money.cnn.com/2014/11/19/…
The SodaStream company was originally founded in 1903 for a very high end market, but relaunched in 1998 as a more consumer-grade product en.wikipedia.org/wiki/Sod…
Candy and snacks are placed close to market cash registers to take advantage of shoppers' decision fatigue. en.wikipedia.org/wiki/Dec…
The Industrial Revolution led to an expansion in branding - when makers started selling their goods beyond the local markets, the public did not find generic non-local goods trustworthy enough. To stop this, branding became a common way of making a product more recognizable and creating trust. en.wikipedia.org/wiki/Bra…
Charging Bull, the famous statue on Wall Street, was installed secretly and illegally outside the New York Stock Exchange in 1989 following the 1987 stock market crash. The sculpture was seized and impounded by NYPD, but re-installed two blocks south of the Exchange after a public outcry. en.wikipedia.org/wiki/Cha…
In 2008, when the Penguins and Red Wings were in the Stanley Cup Finals, Pittsburgh fish market Wholey’s IDed patrons to prevent Red Wings fans from getting an octopus to throw onto the ice en.wikipedia.org/wiki/Who…

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