It was 1878 and Frank Winfield Woolworth was working in a general store. The 5-cent merchandise table was set up and staffed by Frank. As he assisted the customers that crowded around the table, Frank resolved to start a store of his own stocked only with 5-cent merchandise.
Once called "the strike heard round the world," the first major labor dispute in the U.S. auto industry ended after General Motors signed a contract with the United Auto Workers Union on February 11, 1937.
The first Bank of the United States was chartered for a term of twenty years, by the United States Congress on February 25, 1791.