Successful Business Opportunities
- 1766 – In London, James Christie holds his first sale.
- 1848 – California Gold Rush: In a message before the U.S. Congress, US President James K. Polk confirms that large amounts of gold had been discovered in California.
- 1933 – Prohibition in the United States ends: Utah becomes the 36th U.S. state to ratify the Twenty-first Amendment to the United States Constitution, thus establishing the required 75% of states needed to enact the amendment (this overturned the 18th Amendment which had made the manufacture, sale, or transportation of alcohol illegal in the United States).
- 1969 – The last of the ARPANET Nodes closed.
Christie’s is an art business and a fine arts auction house, and currently the world’s largest with sales for the first half of 2012 some $3.5 billion representing the highest total for a corresponding period in company and art market history.
The official company literature states that founder James Christie conducted the first sale in London, England, on 5 December 1766, and the earliest auction catalogue the company retains is from December 1766. However, other sources note that James Christie rented auction rooms from 1762, and newspaper advertisements of Christie’s sales dating from 1759 have also been traced. Christie’s soon established a reputation as a leading auction house, and took advantage of London’s new found status as the major centre of the international art trade after the French Revolution. From 1859, the company was called Christie, Manson & Woods. In 1958, it established its first overseas office, by placing a representative in Rome. The first overseas salesroom opened in Geneva, where Christie’s holds jewellery auctions.
For more on the history of Christie’s, read Inside Christie’s. You can get it on Amazon for a penny.
Meet Brian Schechter and Aaron Schildkrout, creators of the online dating site HowAboutWe, which until lately targeted an obvious demographic: singles.
The site has been a success, attracting more than 700,000 date ideas. But its founders quickly discovered the commercial paradox of the dating site: The better you are at finding love for a client, the faster she signs off and ceases to pay you.
“If you succeed,” Mr. Schildkrout says, “you lose.”
And so the guys asked themselves: What if a dating site didn’t stop at finding you love? What if it also helped you “date” your life partner, and, through the surprise and renewal of that dating, to stay in love?
Later this year, Mr. Schechter and Mr. Schildkrout will release their answer to these questions: a new dating portal focused on committed couples. It will seek to get them out of their routines, off their feet and on the town for frequent dates.
Iraqi’s culinary tastes have changed since US tanks rolled into Baghdad in 2003, and one restaurant there is leading the charge:
Diners sitting at outdoor tables among the date palms would occasionally hear the sounds of rockets flying overhead, often aimed at the Green Zone on the other side of the Tigris River. The rockets, which sounded like a train roaring overhead, never fazed the neatly dressed waiters who maneuvered between tables balancing trays heaped with rice, kebabs, salads and grilled fish.
“The owner insisted we keep this restaurant open,” manager Haider Abbas says as he moves among the tables, shaking hands and chatting with customers.
Baghdad is more peaceful now, but Saysaban and other restaurants face a new challenge: changing Iraqi tastes.
Iraqis are increasingly seeking out Western or international cuisine when they go out to restaurants. Once cut off from the world, most households now have satellite television and Internet access, exposing Iraqis to Western eating habits.
Leave it to the Chinese to constantly find new revenue avenues.
The latest is in Saudi Arabia where the kingdom plans to begin an estimated $100 billion worth of infrastructure projects by 2016, according to various media sources in China.
The China Daily reports China will be the likely source for much of the construction material required by Saudi developers.
Saudi economist Jamal Banoon told Al Arabiya.net that less expensive materials from China will greatly boost the construction boom in Jeddah.
“China’s building material companies in the Saudi market will help those with low incomes to build their houses on less expensive budgets,” Banoon said. “They would also add to the total market value of real estate in the Gulf region if companies started to rely on Chinese building material for future projects,”
The Toepener is a simple device that attaches to doors, enabling users to open the door with their feet. It is the ideal solution for exiting a public restroom. It provides a sanitary, hands-free alternative for users to open the door and avoid touching the handle. The Toepener is a great way to help reduce the spread of germs and keep people healthy!
So obvious, yet so brilliant.
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