Page 10 - Business Facts

The largest privately held company in the US makes over $120 billion a year!

W.W. Cargill founded Cargill Inc. Back in 1865 as a small grain storage company. Today the agro-giant is the largest private company in the world, with nearly $120 billion in revenue and 130,000 employees in 63 countries.

The secretive Cargill family still owns 88% of the company, but the wealth has passed down through three and four generations now. Part went to W.W.’s son Austen, whose two children both died in 2006.

Margaret, Austen’s daughter, gave her one-sixth share of the company to charity. James, Austen’s son, passed his wealth on to his three children: James Cargill, Austen Cargill, and Marianne Liebmann each own one-eighteenth of the family share and thus are ongoing members of The Forbes 400.

This family in fact won’t have to worry about the future because of their huge fortune which will help the Cargill family to stay rich forever and ever.


A few Denny's restaurants were built without locks so they couldn't close for Christmas!

Denny's has been the punchline of a joke more than once in popular culture, but the success of the business is nothing to laugh at. The first Denny's opened up in 1953, on a small piece of property in Lakewood California. In just under 30 years, there were over 1,000 Denny's across the country!

Christmas time can be an awkward time of the year for someone who doesn't celebrate the holiday, or any other major holiday that takes place during the winter season. Almost all the stores, and only some restaurants are closed on Christmas, and Denny's became one of the restaurants to close on Christmas for the first time in 1988.

All but 6 Denny's restaurants closed down on Christmas. Why did those 6 stay open? Some of the Denny's were built without locks, and as a result, they couldn't close down on Christmas. If you think that's embarrassing, some Denny's owners couldn't close down because they lost the key to the front door!

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Why does FedEx keep empty planes in the sky?

FedEx Express or Federal Express is the world’s largest airline in terms of freight tons flown and the world’s fourth largest in terms of fleet size. It is a subsidiary of FedEx Corporation, delivering packages and freight to more than 375 destinations in nearly every country each day.

The firm was named by Fortune magazine as one of the top 100 companies to work for in 2013, citing the company’s choice to downside with voluntary buyouts rather than involuntary layoffs. FedEx is the 21st largest campaign contributor in the United States. The company has donated over 21 million dollars since 1990.

FedEx has several planes, and it keeps several of them empty in the sky to be able to respond to a changing freight demand quickly. The company is serious about future investment and ways of transportation, substantial growth is eminent within the corporation future plans!


Some awesome lists!

Wall Street might be using Snapchat for a different kind of naughty pics!

Snapchat is infamous for basically being a sexting application. For those who don't know about it, the app let's you send pictures that disappear within three seconds. This has made people comfortable with sending pictures of their naughty bits because they know they won't live forever.

Seems like that's not the only use for the app though. Financial analyst Jim Cramer recently stated that Wall Street bankers are using Snapchat to make insider trading easier.

Insider trading is when someone buys or sells a stock or financial instrument with non-public information that gives them an advantage. For example, if you knew that Apple was going to announce they were going broke tomorrow and you sold all your stock today, that's insider trading.

Regulations make that kind of trading illegal because it gives people an unfair advantage and disrupts the financial markets. If it were legal, the market would be a disaster.

However, it can be very profitable if you get away with it. That's why, according to Jim Cramer, bankers send each other Snapchats of what stocks to buy / sell and when. The image disappears after a few seconds and no one knows about it!


Stock brokers slide their fingers under their nose to signal Deutsche Bank. It's origin? Hitler's mustache!

Hand signaling is a system of hand signals used on financial trading floors to communicate buy and sell information in what is called an open outcry trading environment. This system is used at financial exchanges like at the Chicago Mercantile Exchange and the American Stock Exchange or AMEX.

The AMEX is the only U.S. Stock market to allow the transmission of buy and sell orders through hand signals. Traders usually flash the signals quickly across a room to make a sale or a purchase. Signals that occur with palms facing out and hands away from the body are an indication the gesturer wishes to sell. When traders face their palms in and hold their hands up, they are gesturing to buy. Numbers one through five are gestured on one hand with the fingers pointing directly upwards.

To indicate six through ten, the hand is held sideways, parallel to the ground. Counting starts from six when the hand is held in this way. Numbers gestured from the forehead are blocks of ten, blocks of hundreds and thousands can be indicated by repeatedly touching the forehead with a closed fist.

The signals can otherwise be used to indicate months, specific trade option combinations, or additional market information. Some hand signaling also refers to a specific brokerage firm. For instance, the finger across the upper lip known as the Hitler Mustache signifies the Deutsche Bank.



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