Today in Entrepreneurial History: December 28

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1612 – Galileo Galilei becomes the first astronomer to observe the planet Neptune, although he mistakenly catalogued it as a fixed star.
1895 – The Lumière brothers perform for their first paying audience at the Grand Cafe in Boulevard des Capucines, marking the debut of the cinema.
1912 – The first municipally owned streetcars take to the streets in San Francisco, California.
2000 – U.S. retail giant Montgomery Ward announces it is going out of business after 128 years.