The New York Times columnist, Floyd Norris, has created an on-line feature that may be of interest to readers of H-Business – especially as you look for something new and multimedia to spice up your syllabus. The feature is called This Month in Business History. Each one of these has a video narrated by Norris and a list of related links (slide shows, newspaper articles, etc.) describing the event. You can play them all by following the links from here.
– March 1904: The U.S. won an antitrust case against J.P. Morgan’s Northern Securities, a holding company that briefly created a railroad monopoly in the Pacific Northwest.
– February 1937: A 40-day sit-down strike by General Motors’ workers ended with the company agreeing to pay higher wages and union recognition.
– January 1934: Under the Gold Reserve Act no one in the United States was allowed to own gold without the permission of the government.
– December 1988: The private equity firm Kohlberg Kravis Roberts and Company paid $25 billion for RJR Nabisco, still the highest amount ever paid in a leveraged buyout.
– November 1913: The 16th Amendment of the United States Constitution enabled the income tax in 1913, and since then it has taken on greater complexity.
– October 1979: Floyd Norris tells the story of a sudden announcement by Federal Reserve Chairman Paul Volcker and the recession that followed.
– September 1960: The Birth of OPEC.