
BUSINESS NEWS 1880 - 1889 - A decade of advances led by George Eastman and Kodak
BUSINESS NEWS 1880 - 1889
A decade of advances
• John Wanamaker’s Philadelphia Department Store, The Grand Depot hires the first advertising copywriter in the United States
• Joseph Wharton , a merchant donates $ 100,000. to The University of Pennsylvania to form the nation’s first permanent college business school
• William Filene starts a women’s clothing store in Boston
• Dow, Jones & Company, a financial news service is established
• Chemist Robert F. Lazenby invents a new soft drink, calling it Dr. Pepper
• In Atlanta, pharmacist John S. Pemberton devises a new medicinal drink that his bookkeeper Frank Robinson dubs Coca – Cola
• Congress approves the incorporation of trade unions
• Richard W. Sears and Alvah C. Roebuck join forces to sell watches by mail
• Dow, Jones & Company begins publishing The Wall Street Journal
• George Eastman of Rochester, NY patents Kodak processes and products
• Isaac Merrit Singer begins selling electric sewing machines
• Congress creates the Department of Labor