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This Month in Business History


[tweber1], photographer. Santa Claus arrives. At the Macy's Thanksgiving Day Parade. Creative Commons Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0 External

Macy's Thanksgiving Parade

First held on Thanksgiving Day in 1924, the parade was originally called the "Macy's Christmas Parade," and has culminated in the arrival of Santa Claus every year except 1933, when he led External Link the parade.

Industrialist Andrew Carnegie Born

Andrew Carnegie was born in November 1835 in Scotland and became one of the well-known industrialists of the Gilded Age and who figured in many of the big business events of his day.

The Day of Two Noons

Railroads in the 19th century ran their trains set on their own clocks, causing time difference in train schedules that could lead to wrecks and many deaths. On November 18, 1883 individual railroad station clocks were reset as standard-time noon was reached within each time zone—hence the Day of Two Noons—making the movement of people and goods in the United States safer.

Birth of Management Consultant Peter Drucker

Management consulting may not have started in November of 1909 but one of the biggest names in business consulting and business management theories - Peter Drucker - was born then. While there were people who offered advice on business management before Peter Drucker, his 30+ books and articles meant that he became one of the most influential writers on business management.

Hetty Green, the "Witch of Wall Street," was born

How did a woman born in New Bedford, Massachusetts in November 1824 to a well-to-do Quaker family known for their whaling fleet and shipping interests, come to be remembered as the "Witch of Wall Street?" Read our Inside Adams blog post for more of her story.

Labor Activist Mother Jones Dies

In the history of the labor movement in the United States, there are many names and places of note, and the name Mother Jones is one of the biggest. She was witness to the Great Chicago Fire and the Haymarket affair, was involved in the events related to the Ludlow Massacre and the Pain-Cabin Creek Strike and helped to found Industrial Workers of the World.

Ida Tarbell Author of "History of the Standard Oil Company" Born

Standard Oil founded in 1870 was one of the biggest companies in the United States but was broken up in 1911 but before that, Ida Tarbell wrote a series in McClure's that was published as a book that made a major impact.