Re:Fallen Flag Railroad Photos
by bombcar on Wednesday June 21, 2023 @02:43AM
(#36415193)
If you want a sobering antidote to corporate hubris, read the Dow Jones Industrial Average for every year since it was founded.
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Re:Fallen Flag Railroad Photos
by appleflaxen on Wednesday June 21, 2023 @04:44AM
(#36416018)
Can you elaborate?
It's the "30 best companies" or such, and not a single one of the original companies is still on the list.
Of the original list (which is mostly railroads) I think only Union Pacific and Western Union still exist under their own name.
Re:Fallen Flag Railroad Photos
by heartbreak on Wednesday June 21, 2023 @07:44AM
(#36417240)
Are you thinking of the right list? The original DJIA components had multiple companies that still exist today such as General Electric and Domino Sugar. The only railroad company was TCI, but they were primarily in the steel business and have been US Steel for over 100 years.
Ah I was looking at the transportation average, the older one.
https://en.m.wikipedia.org/wiki/Dow_Jones_Industrial_Average Is the correct link