Mistakes That Cost These Businesses A Ton Of Money

Published on 10/23/2020
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The Beatles Are Rejected

Before EMI’s Parlaphone, Decca Records were in talks with the band. However, after watching the band perform, Decca’s Head of A&R and very prominent UK music scene figure Dick Rowe allegedly told Brain Epstein that “guitar groups are on their way out.” Rowe declined to sign The Beatles and missed out on the incredibly lucrative band. The Beatles have made billions, and their back catalog alone is currently worth $1 billion. Paul McCartney’s estimated net worth is $924 million.

The Beatles Are Rejected

The Beatles Are Rejected

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The 1965 Blackout In The Northeast

On November 9, 1965, more than 30 million people in Ontario, Massachusetts, Connecticut, New York, New Hampshire, Rhode Island, Vermont, and Pennsylvania were left without power all of a sudden. The entire system failed after something went wrong with the lines’ protective relay failed. Like dominoes, interconnected lines fell. This plunged vast expanses into darkness. Traffic lights failed and businesses were unable to operate. The incident cost more than $6 million in damages and different power plants had difficulty rectifying it.

The 1965 Blackout In The Northeast

The 1965 Blackout In The Northeast

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