History History 4 min read

Even biz wizards fail sometimes

What brought Sears down? 10 mistakes from giant companies

Image: Melinda Gimpel

As Dr. House once said, mistakes are as serious as the results they cause. And, in the case of big companies, those mistakes can be just as big, often measured in terms of lost jobs and money. From poor marketing decisions to small mistakes that cause multi-million dollar losses, the types of blunders made by some of these companies and individuals are nothing short of breathtaking— and not in a good way. Take a look at the following 10 stories of failure. Did you know any of these?

1
$125 million for a Grade-school math error

Image: Aaron Lefler

Imagine losing a hugely expensive spacecraft due to a simple mix-up between English and metric measurements . That is exactly what happened to NASA in 1999 when a Mars orbiter designed by Lockheed Martin was lost in space.

The confusion caused a malfunction on the $125 million craft, resulting in the probe’s loss. Although it was unusual for Lockheed to use English measurements for a NASA design (since NASA had stipulated using metric measurements for many years), there were still several instances where the error should have been caught but wasn’t.

2
Toys ‘R’ Us blunder

Image: Taylor Heery

If you think an action figure of a drug dealer isn’t the best idea for a toy store , you’re not alone. Yet, for some reason, Toys "R" Us decided otherwise in October 2014, possibly hoping to cash in on the massive success of the Breaking Bad TV series.

Unsurprisingly, the giant toy retailer was forced to pull from its shelves four collectible dolls based on characters from the AMC hit show, each doll featuring a detachable sack of cash and a bag of meth.

3
Apple Maps' rocky beginnings

Image: CardMapr.nl

When Apple decided to launch its own map application on iOS devices after a conflict with Google in 2012, users quickly realized that the Apple app was not nearly as launch-ready as it should have been .

Locations were mislabeled, roads were missing, and it occasionally steered people in entirely the wrong direction. The problem was eventually, though largely, resolved, but it was an embarrassing misstep for a company known for never launching a product before it was as near-perfect as possible.

4
Bank of America debit card fee

Image: Ali Mkumbwa

Back in 2011, when the backlash against the banking industry had not yet reached its boiling point, Bank of America announced it would charge customers $5 per month to use their debit cards .

It was a bad business decision. More than 300,000 people signed an online petition, and Fox Business Network’s Gerri Willis cut up her debit card on air. The bank pointed to federal regulations as the reason for the charge but ultimately capitulated to consumer demand after a month before the fees went into effect.

5
$33 airline tickets from Toronto to Cyprus

Image: Miguel Ángel Sanz

If buying a business class ticket regularly priced at $2,558 for just $33 sounds too good to be true, it probably is. Except in 2006, when an Alitalia employee accidentally forgot to input two extra zeros when pricing business-class tickets from Toronto to Cyprus.

Due to the exchange rate on that day and the blunder, hundreds of buyers managed to snag fares for just $33. The airline honored those deals, accepting the heavily discounted price for the 509 people who purchased tickets before the error was detected.

6
A $70 million comma

Image: Nattipat Vesvarute

As the folks at NASA and Alitalia have shown us, small errors can lead to costly mistakes. The following blunder comes courtesy of Lockheed Martin , which issued a contract to a customer with a missing comma in the sale price .

The astute customer held the aerospace company to the contract, costing Lockheed Martin $70 million for a C-130J Hercules aircraft in June 1999.

7
Sears misses the ship

Image: Estefania Cortes

A retail giant that faced a situation similar to the one Kodak faced—embrace the new and unknown or cling to the old, successful recipe—Sears sold everything from socks to tires via mail order, shipping across the U.S.

Choosing to stick with the old method, the company ended its catalog and delivery business in 1993 . In 1994, Amazon was founded , filling the business void that Sears had just created. The rest is history.

8
Passing on Microsoft

Image: Jaime Marrero

$60 million might seem like a lot of money to us regular folks, but for someone with very deep pockets like Texas businessman and two-time U.S. presidential candidate Ross Perot, it wasn’t all that much.

In 1979, he was offered the chance to buy Microsoft for that sum. However, his final offer to the tech company was just $15 million, and as a result, the Texan missed out on the opportunity to own what would become one of the biggest companies in the world .

9
Blackberry sticks with the old

Image: Thai Nguyen

Another case of a brand sticking with the old instead of embracing the new, BlackBerry was all the rage at the start of the 21st century— until Steve Jobs came along with the Apple iPhone .

While BlackBerry Messenger was extremely popular, with over 80 million users worldwide, the device lacked the new touchscreen functionality and sleek design of the Apple product. From being a market leader, BlackBerry’s market share plummeted to 0.2% by 2016.

10
RadioShack’s downfall

Image: Jelleke Vanooteghem

Not so long ago, RadioShack was a familiar presence on the streets and the go-to place for buying batteries and electronics. But it was that same brick-and-mortar presence, coupled with a reluctance to embrace e-commerce , that ultimately led to its demise .

Eventually, poor profit margins on what they could sell, combined with a loan they couldn’t repay, brought down what was once the go-to place for electronics.

General General 7 min read

Sin City’s secrets

Fascinating facts about Las Vegas you won't find on travel guides

Image: Paul IJsendoorn

A man once sold every single thing he owned, flew to Las Vegas, and bet the whole lot on a single spin of the roulette wheel. Do you think he won? There are 600 miles of concrete flood tunnels under Sin City—can you estimate how many people live there? Most of the profits of the whole city come from one single game; could you guess which one it is? Read on to find all the answers to these stunning facts about Las Vegas, Nevada.

1
The man who sold everything he owned and bet it all on one spin

Image: Pavel Danilyuk

In 2004, a 32-year-old British man named Ashley Revell walked into the Plaza Hotel and Casino in Las Vegas and placed every dollar he had in the world on a single spin of the roulette wheel.

In the months before, Revell had sold his house in Kent, his BMW, his Rolex watch, his golf clubs, his electronics, his furniture, and every piece of clothing he owned. The grand total of his liquidated possessions came to $135,300 . He pushed the entire stack of chips onto red as the ball was already spinning. It landed on Red 7.

Revell walked away with $270,600, exactly double what he had come in with. He tipped the croupier $600 on the way out. The whole thing was filmed by Sky One for a reality mini-series called Double or Nothing .

2
Beneath the casinos, an estimated 1,500 people live underground

Image: Stephen Leonardi

Below the glittering hotels and neon lights of the Las Vegas Strip runs a network of concrete flood drainage tunnels stretching roughly 600 miles beneath the city. Built in the 1990s to manage flash flooding in the Nevada desert, these tunnels have become an unofficial home for hundreds of the city’s unhoused residents.

It is estimated that between 1,200 and 1,500 people live there . Some residents have constructed makeshift shelters from plywood and salvaged metal deep inside the tunnels, occasionally just yards below the casino floors above them.

The tunnels pose serious dangers: flooding risk during desert rainstorms, extreme heat, and high rates of substance abuse. A network of nonprofits, outreach teams, and government agencies coordinates aid by providing the residents with essentials and offering them long-term case management, like treatment and housing placement.

3
Las Vegas has a literal black book of people banned for life

Image: BehindTheTmuna

Since 1960, the Nevada Gaming Control Board has maintained what it officially calls the List of Excluded Persons, better known as the Black Book. The original publication was a black-covered booklet held together with Scotch tape, listing eleven people deemed to have "notorious or unsavory reputations."

Most of the early entries were organized crime figures: Chicago outfit boss Sam Giancana; enforcer Anthony "Tony the Ant" Spilotro, whose violent exploits inspired Joe Pesci’s character in the film Casino ; and nine other mob associates. Anyone whose name appears on the list is permanently banned from entering any licensed gaming establishment in the state of Nevada.

Violating the ban is a gross misdemeanor under Nevada law. As of 2026, there are 37 names on the list. No one has ever successfully appealed their removal.

4
Strange casino rules: no clocks, no windows, no soft dice

Image: Elizabeth Ferreira

Las Vegas casinos are designed to keep gamblers at the tables as long as possible. Clocks are banned to distract players from the passing of time. Windows are eliminated so that they cannot tell whether it is noon or 3 a.m.

What’s more, Nevada law governs even the dice. The Nevada Gaming Control Board requires casino dice to be perfectly transparent so that no hidden weights can be concealed inside . Each die must be precision-manufactured to within 1/10,000th of an inch, with razor-sharp corners and edges showing no rounding whatsoever. They are inspected regularly and, in high-stakes games, replaced every eight hours of play to ensure consistent rolls.

5
The famous Las Vegas Strip is not actually in Las Vegas

Image: David Lusvardi

The stretch of Las Vegas Boulevard South that the world knows as the Strip does not lie within the city limits of Las Vegas. This is the area that’s home to Caesars Palace, the Bellagio, MGM Grand, the Venetian, Mandalay Bay, and dozens of other iconic venues.

Technically, it falls within an unincorporated community called Paradise , which is governed by Clark County rather than the city of Las Vegas. Paradise was deliberately established in 1950, when casino owners moved to avoid Las Vegas city taxes and regulations while continuing to trade on the city’s name and benefit from its infrastructure.

The city of Las Vegas actually begins further north along the boulevard, near the Stratosphere. Paradise covers approximately 54 square miles and has a residential population of around 220,000 people, which means it’s one of the largest and most densely populated unincorporated communities in the United States.

6
The Luxor’s sky beam is the most powerful artificial light on earth

Image: Pavel Špindler, CC BY 3.0, via Wikimedia Commons

Rising straight up from the apex of the black pyramid-shaped Luxor Hotel and Casino, the Luxor Sky Beam has been one of the most recognizable sights in Las Vegas since the hotel opened in October 1993. It is, by any measure, the most powerful artificial light beam on the planet. The beam is produced by 39 individual xenon lamps, each with 7,000 watts and roughly the size of a washing machine, focused through computer-designed curved mirrors into a single concentrated column.

Together, they generate an estimated 42.3 billion candlepower. On a clear night, airline pilots have reported seeing the beam from as far as 250 miles away. The total operating cost, confirmed by Luxor engineer John Lichtsteiner, is $51 per hour, of which $20 is electricity. That adds up to $480 a day only for lighting the signature beam each night —or $175,200 a year.

7
Las Vegas is home to the tallest observation tower in the US

Image: Dave Morgan

Standing 1,149 feet above the Las Vegas valley, the Strat Tower, officially rebranded from the Stratosphere in 2020, is the tallest freestanding observation tower in the US and the second-tallest in the entire Western Hemisphere, surpassed only by the CN Tower in Toronto at 1,815 feet. It is also the tallest building in Nevada and the tallest structure west of the Mississippi River.

At the top, the Strat offers four outdoor thrill rides, including one that dangles riders 64 feet beyond the edge of the building on a mechanical arm, over 900 feet above the ground.

8
Slot machines account for around 60% of all casino revenue

Image: Elizabeth Ferreira

Walk into any Las Vegas casino, and the first thing that surrounds you (and the loudest) is the rows of slot machines that line nearly every available wall and corridor. That layout is not a coincidence.

It is estimated that slot machines consistently generate approximately 60 to 65 percent of all casino gaming revenue in Nevada. There is roughly one operating slot machine for every eight residents of Las Vegas. Nevada law requires that video slot machines pay out a minimum average of 75 percent, though Strip machines in practice typically return 87 to 97 percent.

Casinos place the most visible, most tempting machines near entrances, elevators, and high-foot-traffic corridors , a placement strategy that has been studied and refined over decades. Despite the rise of poker rooms and sports betting in recent years, slot machines have remained the single largest source of gaming income in Las Vegas without interruption for more than half a century.

9
The gambling capital of the world does not sell lottery tickets

Image: Obi

Nevada is one of only two states in the entire United States that have no state lottery, the other being Utah. You cannot legally walk into a convenience store and buy a $2 scratch-off ticket.

The reason is straightforward and has nothing to do with moral opposition. Nevada’s gaming industry has lobbied persistently and successfully against a state lottery since gambling was first legalized in 1931, on the grounds that a government-run lottery would directly compete with casino revenues.

10
FedEx was saved from bankruptcy by a Las Vegas blackjack table

Image: Joshua Santos

In 1971, FedEx, then called Federal Express, was days away from collapse. Founder Frederick W. Smith had built the company on the revolutionary idea of overnight package delivery using a central hub-and-spoke air network, but the business was not working.

The company had roughly $5,000 left in its operating account. It was not enough. Facing what appeared to be the end, Smith flew to Las Vegas and sat down at a blackjack table. He gambled the company’s last $5,000 and turned it into $27,000, which was just enough to cover that week’s fuel costs and keep the planes in the air. The breathing room bought by that blackjack session gave Smith enough time to secure additional financing. Today, FedEx employs more than 500,000 people worldwide and is valued at over $60 billion.

General General 6 min read

Flashback to the ‘60s

Can you believe these 10 things happened in the '60s?

Image: Sandra-Gabriel

Lots of interesting things took place in the 1960s. It was a time of cultural insight and groundbreaking innovations. That is why it quickly became, and continues to be, one of the most talked-about decades in recent history. While this era often garners attention for major events like the space race and the civil rights movement, there were also plenty of smaller, random events that shaped daily life as we know it today. For example, Sprite first hit the market, and Days of Our Lives premiered during this decade as well. The ’60s brought some surprising, everyday changes , and whether you missed them or don’t remember all of them, we’ve put together 10 small events that happened during this time!

1
Sprite bubbles onto the scene

Image: Mick Haupt

In 1960, Coca-Cola decided it was time for a new kind of soda. There was nothing wrong with their iconic red-labeled brown drink, but they took a completely different approach with their next creation—and so Sprite was born .

Marketed as a refreshing lemon-lime drink to rival competitors, Sprite quickly became a favorite, especially among young people. Its tangy taste and catchy slogan, "Obey Your Thirst," struck a chord and set it apart from traditional cola flavors.

Sprite became popular not only for its flavor but also for its cool, crisp image, which was an early hit with sports fans and summer enthusiasts. This new addition to Coca-Cola’s lineup was an instant sensation in soda machines, diners, and drive-ins. Sprite has since become a classic, yet it always brings a touch of ‘60s nostalgia with each sip.

2
Elvis comes home, fans rejoice

Image: Drew Beamer

When Elvis Presley returned from his two-year military service in Germany in 1960, fans were ecstatic to welcome back "The King."

Of course, his time abroad had worried many fans, but his return came with a sense of renewal and excitement. For anyone concerned he might have lost his X factor, Elvis quickly proved this was not the case! He didn’t waste time getting back into the spotlight.

He soon starred in the hit movie G.I. Blues and recorded new music, reigniting his career. This period also marked a shift for Elvis: he embraced a more polished, Hollywood-friendly image. Although his rock-and-roll days remained beloved, his new style showcased his versatility. Fans couldn’t get enough, and his popularity skyrocketed even higher.

3
Barbie’s boyfriend makes the scene

Image: Elena Mishlanova

The ‘60s was not a time to be alone—love was in the air, and even Barbie felt it. In 1961, Barbie (yes, Barbie the doll!) got herself a boyfriend , and his name was Ken.

Ken, with his chiseled jaw and smooth style, was marketed as the perfect companion for America’s favorite doll. Their relationship wasn’t just about romance; Ken represented a new way for kids to imagine life, dating, and companionship.

Mattel carefully crafted Ken’s image. He was all about trendy outfits and accessories, perfectly complementing Barbie’s adventurous lifestyle. While Ken was never as popular as Barbie—as the 2023 movie humorously reminded us—together, Barbie and Ken became a symbol of the quintessential American couple.

4
General Hospital premieres - And never leaves!

Image: Natanael Melchor

This one is for the Guinness Book of World Records! Sure, it falls into the "happened in the ’60s" category, but how about the fact that it’s still going strong with no intention of stopping? Amazing!

Soap operas have long held a place in daytime TV, and in 1963, General Hospital began its reign (is there any more appropriate word for it?) on ABC. This medical drama quickly gained a loyal audience, it showed the ups and downs of fictional lives inside Port Charles Hospital.

Known for its dramatic plots, surprising twists, and cliffhanger endings, the show set the standard for soap operas. General Hospital brought viewers into a world filled with romance, heartbreak, and mystery, all in a hospital setting. All things considered, the show’s legacy is proof of the everlasting appeal of a little love, a little scandal, and a lot of drama.

5
Pull tabs on cans debut

Image: Majkl Velner

Remember how the title of this article said "random"? Well, this is peak randomness—but hear us out: In 1962, a small invention changed the way people enjoyed canned drinks forever. The pull tab was created.

Wait, this wasn’t a thing before that? Nope! Before its arrival, people had to use a can opener, which made canned refreshments a bit tricky to open. The pull tab made enjoying a soda or beer as easy as a flick of the finger. And it didn’t stop there—it revolutionized outdoor picnics, beach days, and sports events.

The con? These early pull tabs were detachable, leading to litter and safety concerns. Eventually, the design was improved to stay attached, but by then, the pull tab trend had already taken off.

6
ZIP codes make mailing easier

Image: Jonathan Cosens Photography

Introduced in 1963, the ZIP Code system brought structure to the U.S. postal service. Before ZIP Codes, mail sorting was a time-consuming process that led to frequent delays—can you imagine the mess?

The simple five-digit code made mail sorting efficient , speeding up delivery and reducing errors to a minimum. Each code represented a specific area, making it easier to organize and deliver letters and packages across the country. The system was a huge success, and soon, ZIP Codes were an everyday part of American life.

Over the years, the system has evolved with additional digits and zones, but the basic concept remains the same. Thanks to ZIP Codes, sending mail has been more organized and reliable for over half a century.

7
The Mustang gallops into American hearts

Image: Frankie Lopez

Nowadays, new cars are pretty common, and nobody gets too excited about a new stick shift or an upgraded screen. But back in 1964, when Ford introduced the Mustang , it wasn’t just a car—it was a cultural phenomenon.

Known for its sporty design, power, and affordability, the Mustang became a symbol of freedom, especially for young people. Its sleek lines and powerful engine offered an escape from the ordinary, making it an instant hit on highways and city streets alike.

Ford set out to give the average American a car that felt both luxurious and exciting, and the Mustang certainly delivered. It was the ideal car for road trips, summer nights, and a little showing-off. The Mustang’s launch even sparked the era of "pony cars," a new category of performance vehicles inspired by its success.

8
Days of Our Lives begins its epic run

Image: Towfiqu barbhuiya

General Hospital set a record for sure, but Days of Our Lives wasn’t about to be left behind. NBC introduced Days of Our Lives in 1965, bringing a new wave of daytime drama to American homes. Set in the fictional town of Salem, the show quickly became known for its mix of romance, family feuds, and shocking plot twists. For many fans, it was more than just entertainment—it became a daily ritual and a part of family life.

With memorable characters and intricate storylines, the show has managed to stay relevant and fresh across generations. Its famous opening line, "Like sands through the hourglass, so are the days of our lives," is etched in TV history. Do you watch this series?

9
Disney’s final touch on The Jungle Book

Image: Hitoshi Suzuki

In 1967, The Jungle Book was released. Now, why is this special? Because it was the last animated movie Walt Disney personally supervised . Based on Rudyard Kipling’s stories, the film told an adventurous tale that captivated audiences of all ages, despite being an animated feature.

It introduced beloved characters like Baloo and Mowgli, and it had an unforgettable soundtrack, including "The Bare Necessities," which became an instant hit.

Although it was supervised by Walt, The Jungle Book was released shortly after his passing, making its success bittersweet for the studio. Nevertheless, it was a huge box-office triumph, securing its place in Disney’s classic lineup.

10
Hair Makes a Bold Splash on Broadway

Image: Don Agnello

In 1968, Hair burst onto the Broadway stage, celebrating the counterculture movement with a mix of rock music and bold themes. Known for its celebration of freedom, peace, and love, the musical captured the rebellious spirit of the time.

Its songs, like "Aquarius" and "Let the Sunshine In," became anthems of the era, loved by audiences far and wide.

Hair was unapologetically daring, exploring controversial topics like anti-war protests and free love. The production broke Broadway conventions, as actors interacted with the audience and addressed social issues directly. Quite a revolution (and a success too) for the decade!

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