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 4 min read

The secrets of the greenback

Dollar bills are green for this reason

Image: Pepi Stojanovski

The U.S. dollar is one of the most powerful and recognizable currencies in the world, but its physical form is unique for many other reasons . From its composition to its symbols, dollar bills and coins are carefully designed to combine history, security, and convenience. Let’s explore our national currency!

1
What are bills made of?

Image: Viacheslav Bublyk

Unlike other currencies, dollar bills are not made of paper or plastic. U.S. dollar bills are made from a special fabric blend composed of 75% cotton and 25% linen. This mix makes the bills extremely durable and resistant, and they can be folded about 4000 times before tearing.

2
What bills are valid?

Image: U. S. Government, The Bureau of Engraving and Printing, Public domain, via Wikimedia Commons

Any U.S. dollar bill that was legally printed is valid, no matter how old, as American currency does not have an expiration date. While some bills might not be accepted by businesses of foreign exchange services due to their condition or if they are a discontinued version of the bill, the bills themselves are still valid, and American banks will accept them, though they might take them out of circulation.

3
American leaders

Image: Lukasz Radziejewski

Five bills have a depiction of an American president. The exceptions are the $10 bill, with Alexander Hamilton on the front, and the $100 bill, with Benjamin Franklin. The $1 bill, depicting George Washington, is extremely symbolic: several elements are repeated 13 times as a nod to the thirteen colonies, and it showcases the Bald Eagle and the Eye of Providence as a sign of God watching over America.

4
A change in size

Did you know that dollar bills used to be so big that they were nicknamed "horse blankets"? Original dollar bills were 7.4 × 3.1 inches. In 1929, the Treasury Department reduced the size of bills to 6.14 × 2.61 inches to reduce production costs and materials. Old bills, though still valid, are worth much more as collector items.

5
Uniformity

Image: Avinash Kumar

Besides their value and design, all dollar bills have the same size (6.14 × 2.61 inches), color, and weight (1 gram) , which sets American currency apart from other countries where bills of different values are differentiated by size, color, or both. Why doesn’t the U.S. implement differences among bills? The cost of adapting vending machines, bank drawers, and ATMs to new bill sizes would cost billions of dollars.

6
Hard to copy

Image: United States Treasury Department, Public domain, via Wikimedia Commons

Originally, dollars were not green, but black. As time passed, green ink was favored, as it was cheap and did not fade as much as black. The new color also prevented people from using black-and-white cameras to create counterfeit money. Currently, dollar bills are predominantly green, but newer versions also include extra colors, such as pink, orange, or purple.

7
A $100,000 bill?

Image: The original uploader was Durova at English Wikipedia., Public domain, via Wikimedia Commons

Have you ever seen a $500 or 1,000 dollar bill? What about a $100,000? Up until 1945, the U.S. Treasury printed $500, $1,000, $5,000, $10,000, and $100,000 notes , in addition to the values currently in use. These higher-value notes were mainly intended for bank and government use, but were sought by criminals as they made it easier to hide large amounts of money. Even though they were officially discontinued in 1969, these notes are still valid, though rare, and they have a high worth as collector's items.

8
No numbers

Image: Quilia

Unlike bills, American coins have different sizes and colors related to their value. Originally, gold, silver, and copper were used for coins, but modern coins are made of copper, zinc, or nickel. Besides their size and design, the value of each coin is printed in letters, not in numbers , alongside depictions of American presidents.

9
Liberty for all (the coins)

Image: Money Knack

By law, all American coins must include six specific details : the word ‘Liberty’, the name of our country, the national motto "In God We Trust", the oldest American motto "E Pluribus Unum", the value of the coin, and the year. Each coin also includes a mint mark that shows where it was made: "P" for Philadelphia, "D" for Denver, "S" for San Francisco, and "W" for West Point.

10
A global currency

Image: Logan Voss

The American dollar is one of the most powerful currencies in the world, acting as a backbone for international trade and finances. It is estimated that two-thirds of the physical dollars in circulation are outside American territory. Besides the U.S. and its territories, eight sovereign nations have the U.S. dollar as their official currency, with several more accepting it as legal tender.

Geography Geography 5 min read

Stories carved by the Colorado River

The missing pieces of the Grand Canyon: 10 incredible facts

Image: jesus esteban

The Grand Canyon is bigger than Rhode Island. It's deeper than four Empire State Buildings stacked end to end. Its rocks are older than dinosaurs. But those stats alone don’t quite capture its immensity — and are hardly the most shocking. There are nuclear shelters, hidden villages, and billion-year mysteries involved. Read on to learn 10 lesser-known facts about the Grand Canyon.

1
There's an unexplained billion-year gap

Image: John Graybosch

Look closely at the canyon walls, and you'll notice something strange: a clean, sharp line where ancient rock simply stops, and a much younger layer begins directly above it.

This geological puzzle is called the "Great Unconformity," and it represents over a billion years of rock layers that are simply absent , as though that stretch of time never happened. In some spots, rock dated 1.8 billion years old sits directly beneath rock that is only 520 million years old. Where did the missing billion years go?

The leading theory involves the violent breakup of an ancient supercontinent, but scientists are still piecing it together.

2
During the Cold War, it hid a nuclear fallout shelter

Image: Lauri Väin from Tallinn, Estonia, CC BY 2.0, via Wikimedia Commons

During the Cuban Missile Crisis in 1962, the U.S. government converted part of the Grand Canyon Caverns into a fallout shelter. This dry cave system, more than 200 feet underground, was stocked with enough food and water to sustain 2,000 people. Naturally, it was never occupied, and the supplies were never used.

The caverns have since been transformed into a tourist attraction, with organized tours winding through the same underground chambers that were once intended as a refuge from nuclear war. You can even book a night's stay there.

3
The Federal Aviation Administration was founded after a crash over the canyon

Image: Alexandre Henry Alves

In 1956, two commercial passenger planes collided in midair over the eastern Grand Canyon, killing all 128 people on board both crafts. Rescue teams struggled to reach the wreckage deep inside the canyon, and the extreme heat of the crash had caused the planes' aluminum to fuse with the bedrock. There were no survivors.

The disaster exposed a terrifying truth: the U.S. air traffic control system was dangerously outdated, relying on pilots' visual estimates and rough guesswork from controllers , with no way to separate fast-moving aircraft from slow ones, or instrument-flying planes from those navigating by sight. Congress responded by passing legislation that created both the Federal Aviation Administration (FAA) and the National Transportation Safety Board.

4
A hoax suggested that an Egyptian civilization had lived there

Image: abdurrohman dzar

In 1909, the Arizona Gazette reported that an explorer named G. E. Kinkaid had discovered a vast underground citadel inside the canyon, filled with artifacts linked to ancient Egyptian civilization. He even claimed the expedition had been funded by the Smithsonian.

This story described hieroglyphics on the walls, mummies in the chambers, and relics pointing to a direct connection with the Egypt of the pharaohs. It was incredibly detailed, and it was, of course, a hoax. No evidence for any of Kinkaid's claims ever surfaced.

5
Fewer than 100 people have ever hiked its full length

Image: Abhishek Navlakha

Among the few people who have completed the through-hike of the Grand Canyon is Jen Hogan, the first woman to accomplish it, finishing her journey in 2021–2022.

It’s a full 800-mile length below the rim. The route involves extreme heat, flash floods, near-impassable areas, and stretches with no water or trail whatsoever. Around 60 or 70 people have reportedly accomplished it. This makes it one of the most exclusive feats on Earth.

6
The Grand Canyon's rocks predate dinosaurs entirely

Image: MARIOLA GROBELSKA

Visitors scanning the canyon walls for fossils are often surprised to learn they won't find any dinosaur bones here. The rock layers of the Grand Canyon are simply older than dinosaurs. This fact alone can be shocking: staring at its walls means staring at marine fossils from as far back as 1.2 billion years ago. Some of its caves hold the remains of ancient mammals. The canyon is a window into a world that existed long before the dinosaurs, when the land that is now Arizona lay beneath a shallow sea.

7
The park is bigger than Rhode Island

Image: AussieActive

Numbers alone rarely capture the Grand Canyon's scale, so here's a different approach. Rhode Island covers about 1,214 square miles, and the Grand Canyon National Park spans 1,904 square miles.

The canyon's depth exceeds four Empire State Buildings (which is 1,454 feet) stacked on top of one another. That’s 6,093 feet at its deepest point.

8
But it's not the deepest canyon on Earth

Image: Naeemphotographer2

For all its grandeur, the Grand Canyon does not hold the depth record. Pictured above, the Yarlung Tsangpo Grand Canyon in Tibet, China, plunges to 17,567 feet, which is nearly three times deeper. Carved by the Yarlung Tsangpo River as it cuts through the eastern Himalayas, that canyon is so remote and extreme that it remained largely uncharted until the late 20th century.

9
It is home to a pink rattlesnake found nowhere else on Earth

Image: Alexander Wong

The Grand Canyon Pink Rattlesnake has a pinkish-red coloring that matches the canyon's own distinctive rock walls so closely that it's nearly invisible. It is found nowhere else in the world. Officially classified as Crotalus oreganus abyssus , it has darker diamond-shaped markings along its back that deepen the camouflage further.

10
There's a village at the bottom: Supai Village

Image: joojoob27

For over 1,000 years, the remote village of Supai has been home to the Havasupai Tribe, the People of the Blue-Green Waters. It is located an eight-mile hike from the rim, but sits roughly 3,000 feet deep inside the Grand Canyon.

The U.S. Department of Agriculture has called it the most remote community in the contiguous United States, and it has no automobiles and no road access. The only ways in are on foot, by mule, or by helicopter. It is also the only place in the United States where the postal service still delivers mail by mule train.

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