History of Toyota

The Toyota Motor Corporation was founded in September 1933 when Toyoda Automatic Loom created a new division devoted to the production of automobiles under the direction of the founder’s son, Kiichiro Toyoda. Soon thereafter, the division produced its first Type A Engine in 1934, which was used in the first Model A1 passenger car in …

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History of North West Airlines

Northwest Airlines was founded in 1926 by Col. Lewis Brittin, under the name Northwest Airways. Like other early airlines, Northwest’s focus was not in hauling passengers, but in flying mail for the U.S. Post Office Department.[3] The fledgling airline established a mail route between Minneapolis, Minnesota and Chicago, Illinois, using open cockpit biplanes such as …

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History of General Electric

The year 1876 marked America’s centennial. For most Americans it was a time for looking backward with pride. For others it was a time to look forward to the possibilities that lay ahead. The electrical exhibits at the Centennial Exposition in Philadelphia marked the beginning of an era where people sought new targets for invention. …

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History of Club Med

Club Med – “The Club” was started in 1950 by former Belgian water polo champion, Gérard Blitz. The first village opened on the Spanish island of Mallorca. The original villages were simple with members staying in unlit straw huts on a beachfront, sharing communal washing facilities. Over time such villages have been replaced with modern …

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History of H&R Block

H&R; Block (NYSE: HRB) is a tax preparation and personal finance management company founded by brothers Henry W. and Richard Bloch in Kansas City in 1955 (they changed the name of the company to prevent mispronunciation). The Blochs founded the company in response to the Internal Revenue Service no longer completing tax returns for free. …

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History of Napster

Shawn Fanning along with friend Sean Parker first released the original Napster on June 1, 1999 while Fanning was attending Northeastern University in Boston. Fanning wanted an easier method of finding music than by searching IRC or Lycos. John Fanning of Hull, Massachusetts, who is Shawn’s uncle, struck an agreement which gave Shawn 30% control …

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