Monday, December 31, 2007

Monday's One Cup Of Java Challenge

Our New Year's Eve One Cup: A little business history for today’s Challenge. On this date in 1955, we had the first U.S. company to report yearly earnings of more than a billion dollars. That company was 47 years old at the time; still around today, their most recent earnings report for the 3rd quarter of 2007 showed them losing $39 billion. Your One Cup question this morning – name this first U.S. company to make a profit of one billion dollars in one year.

Answer: General Motors

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