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.

History History 4 min read

Western stories

Debunking myths and truths about the California Gold Rush

Image: Scottsdale Mint

Were the 49ers pioneering winners? Who made the most money over there, in the West? Who wrote the best accounts of lifestyle and stories about the gold fever? If the answers to these questions are a mystery to you, you might enjoy these lesser-known stories about the California Gold Rush!

1
Gold Rush myths bubbled up immediately

Image: Tomáš Malík

It didn’t take long for the truth to get buried. As soon as gold was discovered, the stories started to shimmer. Tales of instant wealth, golden boulders, and rivers gleaming with nuggets.

Letters home were often exaggerated, and newspapers sensationalized every find. These myths fueled the frenzy and caused proverbial FOMO all over the world. People wanted to see it for themselves.

2
The best Western business wasn’t in fact gold

Image: Stefan Münz

If you wanted to get rich during the gold rush, you had better chances opening a store than mining. That was the golden rule for smart entrepreneurs like Levi Strauss, who didn’t strike it rich in a streambed, but in a sewing room. Another legend, Samuel Brannan, made a fortune selling picks, pans, and shovels —not gold.

3
The "49ers" were actually latecomers

Image: Emilie

The famed "49ers," the nickname for those swept up in the gold frenzy in 1849, weren’t the first on the scene. There’s a plot twist. Gold was discovered in January 1848 at Sutter’s Mill.

But the news spread slowly . By the time the world caught on, most of the easily accessible gold had already been plucked from riverbeds by locals, soldiers, and early arrivals.

4
Thousands came from China and South America

Image: rc.xyz NFT gallery

The Gold Rush was a global stampede . Tens of thousands of Chinese immigrants crossed the Pacific, some bringing generations of mining knowledge with them. Others came from Chile, Peru, and Mexico, arriving in San Francisco to find opportunity.

5
Women were there not just as camp followers

Image: Michael & Diane Weidner

Women were there too, not just as wives, but as businesswomen, cooks, hoteliers, and even miners. Take Luzena Wilson, a widow who hauled her children west and set up a boarding house for miners. Her clean beds and hot meals turned into a booming business.

Others ran laundries, tended bar, or staked their own claims. In a lawless land where survival meant creativity, many women found fortune in hard work.

6
Some came from Hawaii, Russia, and Europe

Image: Trey Hollins

They called them " Argonauts ," a romantic nod to the Greek myth of Jason and his quest for the Golden Fleece. And like the legend, the real Gold Rush was international. Adventurers came not just from the American East, but from as far as Russia’s Pacific coast, the Hawaiian Islands, and every corner of Europe.

7
Gold Rush towns became ghost towns

Image: Stefan Münz

Take Bodie, for example. A lawless hotspot where saloons outnumbered schools. At its peak, it had over 10,000 residents. A few decades later, it was all tumbleweeds and creaky wood .

Once the gold ran out, so did the people. Tools were abandoned and whole towns vanished almost overnight, leaving behind eerie remnants.

8
The "Gold Fever" spread worldwide

Image: suradeach saetang

Once word of gold reached distant shores, "gold fever" spread around the world . Australia had its own rush by 1851. The Klondike in Canada followed in the 1890s, and South Africa’s rich deposits turned Johannesburg into a boomtown in the 1880s.

Prospectors chased hope, not just gold. Each new report of found gold sparked a fresh migration, with fortune-seekers packing up and heading to the hot spots.

9
Gold mining required team effort

Image: Elena Mozhvilo

Forget the image of the lone prospector whistling by the river . That only worked for a short time.

As surface gold dried up, miners turned to hard labor, which involved blasting rock, diverting rivers, and eventually using powerful water cannons in a process called hydraulic mining. It was expensive. Teams of men pooled resources, hired help, and invested in equipment.

10
Many "Gold Seekers" never even made it to California

Image: James Lee

Getting to California in the 1840s was no stroll through the prairie. Hundreds of the hopefuls who set out never arrived. Some perished on the overland trails due to disease, accidents, or exhaustion.

The sea route around Cape Horn was no solution; it was just longer and colder. Some turned back. Others settled in Oregon or Utah. A few found fortune far from the gold fields.

11
The "Gold Rush" fueled California's statehood

Image: Emre Ayata

In 1848, California was a sleepy outpost with little U.S. oversight. By 1850, it had boomed into a booming, brawling land with more than enough people.

The rush had brought merchants, farmers, lawyers, and politicians. With them came the push for schools, railroads, and laws. California skipped the usual phase of being a U.S. territory and leapfrogged straight into statehood.

12
Women and children wrote some of the best eyewitness accounts

Image: The Cleveland Museum of Art

Some of the most vivid details of this era came from women and children who chronicled the chaos . Their letters and diaries tell of lonely cabins, muddy streets, makeshift schools, and the daily drama of camp life.

Women like Louise Clappe (aka "Dame Shirley") wrote witty, unfiltered dispatches from the Sierra Nevada. Young girls described the thrill of arriving in San Francisco and the terror of crossing the plains.

13
The Gold Rush didn't end in 1850

Image: Michael & Diane Weidner

By the time most folks arrived, the easy pickings were gone, and the story was just getting started.

The gold fever didn’t vanish in a year. Prospecting surged well into the 1850s and beyond. Some of the biggest strikes, like Nevada’s Comstock Lode in 1859, came after the main rush was supposedly over. By then, mining had evolved into an industrial enterprise, with machinery, corporations, and deeper digs.

History History 6 min read

The lighter side of Patriots

Discover 10 quirks and fun facts about our Founding Fathers!

Image: Adam Nemeroff

From the names we honor on our streets to the faces we see daily on our dollar bills, we think you’ll agree that the Founding Fathers are a visible presence in the lives of all Americans—and with good reason. After all, we owe our eternal gratitude to these brave men who helped build this great nation of ours. In that sense, the grandeur and nobility of these figures sometimes make us forget that the Founding Fathers were also human beings, filled with quirks, hobbies, and a sense of humor. Bearing that in mind, we have prepared 10 fun and weird facts about our Founding Fathers, hoping this will help you get in touch with the lighter side of these American symbols. Enjoy!

1
Thomas Jefferson: Patriot, president… And foodie?

Image: Pixzolo Photography

Let’s start with what is arguably Thomas Jefferson’s most criminally overlooked contribution to history. Next time you are dipping a delicious and crispy French fry in some ketchup, take a moment to thank our 3rd President, who is often considered solely responsible for bringing this recipe to America.

During his time serving as ambassador to France, Jefferson fell madly in love with more than a few mouth-watering French dishes, which included a recipe for "potatoes deep-fried while raw, in small cuttings." He brought these recipes back home with him, and, while French fries didn’t become particularly popular until the beginning of the 20th century, Jefferson is still credited for introducing this quintessential side dish to the United States.

2
Benjamin Franklin’s "fowl" enemy

Image: Tyler Donaghy

There’s no denying that America loves turkeys —they are the undisputed star of every Thanksgiving Day feast. Having said that, can you imagine a world in which the turkey is emblazoned on official documents or currency? Forget that: Can you picture the POTUS delivering an important speech behind a podium with a turkey on it?

America would have definitively been an entirely different country if Benjamin Franklin had been successful in choosing the turkey as our national symbol. In a letter, Franklin stated that he believed that the bald eagle was "a bird of bad moral character," while the turkey, in his view, was a "Bird of Courage" more aligned with American values.

3
John Hancock’s signature

Image: Signature Pro

The Declaration of Independence was surely a pivotal moment in our country’s history. This document provided the basis of freedom, liberty, and justice on which America was founded. As you probably know, Founding Father John Hancock had the honor of being the first to sign this ever-so-important piece of paper.

In turn, history has thanked Hancock in a rather unusual way, with the simple yet versatile slang term "to give your John Hancock," which means to sign your name onto something.

4
John Adams dog from hell

Image: Jamie Street

Ask anyone to tell you possible dog names for your new puppy and they might suggest timeless classics like "Spot," "Buddy," or "Rex." However, had you asked our 2nd President, his suggestions might have been a bit more daring. During his time in the White House, John Adams and his wife Abigail were the proud owners of an adorable dog that sported a terrifying name: Satan.

What’s interesting is that the Adams truly had a unique talent when it came to naming their pets. Alongside Satan, the couple also had a female dog named Juno and a horse called Cleopatra. In any case, don’t be too fast to judge Good Old Satan. As the saying goes, a dog by any other name is still a good boy.

5
Are any Fans of the Bard Out There?

Image: Taha

For many book critics, the world will never know another writer as incredible as William Shakespeare. His works still inspire admiration around the world, with millions of fans reading, commenting, and recreating many of his timeless plays. In that sense, would you be surprised to learn that two of our Founding Fathers were die-hard fans of the Bard?

John Adams and Thomas Jefferson were self-proclaimed admirers of Shakespeare’s literature, frequently writing letters that praised his impeccable style. Adams once called the Bard "the great master of nature" and the "great teacher of morality and politics." Not only that, a popular legend states that, when both Founding Fathers visited Shakespeare’s home in England, they chipped a piece of his chair to take home as a souvenir.

6
Whiskey that tastes like freedom

Image: Thomas Park

George Washington’s resume was certainly impressive: 1st President, Commander-in-Chief of the Armed Forces, and tactical mastermind. However, there’s another noteworthy activity that is often overlooked by history books— George Washington owned and ran a commercial whiskey distillery from his home in Mount Vernon.

Think about it: Is there any liqueur more likely to lift your "spirits" (see what we did there?) than a fine malt whiskey personally distilled by the "Father of Our Country"? The thousands of tourists that visit Mount Vernon every year seldom forget to visit the distillery.

7
Have you seen this dog?

Image: Joe Caione

Picture this: You are putting out signs in your block trying to locate your beloved and recently lost dog. All of a sudden you receive an unexpected call, informing you that they have found your dog and that it is currently in the care of none other than the President of the United States!

In all honesty, that’s not exactly how the story went, but it’s a true testament to George Washington’s honor and etiquette. According to historians, a little fox terrier named Lila was found by Continental Army troops behind American lines after the Battle of Germantown in 1777. After learning from the dog’s collar that she belonged to an enemy soldier, Washington ordered for the dog to be returned to her rightful owner, with a note assuring him that she was unharmed and safe.

8
Fancy a cold one?

Image: Drew Beamer

George Washington was not the only Founding Father adept at brewing alcoholic beverages. The great city of Boston proudly boasts an iconic beer brand named after Samuel Adams , paying homage to the beer-brewing past of this Founding Father.

There’s another bit of fun trivia regarding "Samuel Adams Beer": If you’ve ever enjoyed a pint of this delicious beer, you probably saw Adams raising a beer glass on its label. However, some theorize that the man depicted in the logo might actually be fellow patriot Paul Revere. Having said that, there’s no solid evidence to back this up, other than the fact that both revolutionaries looked a little similar.

9
Thomas Jefferson’s magical cookbook

Image: Hayden Walker

As mentioned earlier, Thomas Jefferson was a bit of a foodie. Granted, he would look at us in complete bewilderment if he heard us call him a "foodie," but it’s safe to say he loved good cuisine. Besides bringing French fries to our country, every American should salute and pay tribute to the 3rd President for yet another culinary jewel: Mac and cheese.

Again, we should clarify that the recipe Jefferson brought wasn’t exactly the one you would find in a box of Kraft. However, he would often serve his dinner guests macaroni pasta, paired with a cheese sauce that closely resembles the dish we know and love today. It’s believed that Jefferson’s delighted guests helped popularize this creation, which would eventually become one of America’s favorite meals.

10
Benjamin Franklin purposely misspelled "Pennsylvania"

Image: Adam Nir

We’ll end with a remarkably smart mistake that came from a remarkably smart man. Benjamin Franklin was behind some of the earlier forms of currency in the United States. After moving to Philadelphia in 1723, he became involved in printing money, which had only recently started circulating around Pennsylvania. As the great inventor that he was, Franklin added some remarkably clever ways to bypass counterfeiters and help differentiate his bills from possible fakes.

One of the smartest—and possibly simplest—features Franklin introduced was purposely misspelling the word "Pennsylvania" on his bills. After all, such a blatant and evident mistake would immediately inform anyone that this bill came from Franklin’s own hand.

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