A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Over time, companies have evolved to have following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation.
Image 3The Intel 80486DX2 is a CPU produced by Intel Corporation that was introduced in 1992. Intel is the world's second largest semiconductor company and the inventor of the x86 series of microprocessors.
Image 1130 St Mary Axe, London, widely known by the nickname "The Gherkin", and occasionally as a variant on The Swiss Re Tower, after its previous owner and principal occupier. Swiss Re is the world’s second-largest reinsurance company.
The abbreviation S.A. or SA, for the French Société Anonyme designates a type of limited company in certain countries, most of which have a Romance language as their official language and operates a derivative of the 1804, Napoleonic, civil law. Originally, shareholders could be literally anonymous and collect dividends by surrendering coupons attached to their share certificates. Dividends were paid to whomever held the certificate. Since share certificates could be transferred privately, corporate management would not necessarily know who owned its shares – nor did anyone but the holders.
As with bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by a holding company to obscure the beneficiary. (Full article...)
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Elderly Instruments is a musical instrument retailer in Lansing, Michigan, United States, with a reputation as a "megastore", a repair shop and a locus for folk music including bluegrass and "twang". Specializing in fretted instruments, including acoustic and electric guitars, banjos, mandolins, and ukuleles, Elderly maintains a selection of odd or rare instruments. Elderly is known as a premier repair shop for fretted instruments, as one of the larger vintage instrument dealers in the United States, and as a major dealer of Martin guitars in particular.
Industry publications, music retail trade, and bluegrass music journals have featured articles about the Elderly repair staff. The company also provides consignment services for rare and vintage instruments. Since its founding in 1972, Elderly has undergone two major expansions: into mail order in 1975 and then into Internet sales in the 1990s. In 2005 it was the subject of a lawsuit by Gibson Guitar Corporation concerning trademark infringement. Today it is recognized internationally for its services and products; its mail order and Internet business account for 65–70 percent of its total revenue. Elderly grossed $12 million in 1999, and by 2007 was grossing $17 million annually. (Full article...)
ICBC became the world's largest bank by total assets in 2012 (based on year-end balance sheet) and has kept this rank ever since. It was ranked first on the Forbes Global 2000 list of the world's top public companies in 2015. On 31 December 2022, It was the third-largest bank in the world by market capitalization at $211 billion. It is one of the most profitable companies in the world, ranking fourth according to Forbes in 2022 . It has been designated a systemically important bank by the Financial Stability Board (FSB) since the start of the FSB's listing.
... that Itek Corporation was formed to build image retrieval systems, but instead became a reconnaissance camera vendor after winning the contract for the CIA's CORONA satellite?
... that George Webb Restaurants locations each have two clocks that employees claim are set one minute apart to evade a local law banning businesses from being open 24 hours per day?
... that the private company Gråkallbanen reopened the Trondheim Tramway in 1990, two years after it had been permanently closed by the city council?
... that the owner of Phoenix's KNXV-TV "[held] a gun to ABC's head" – and it paid off?
... that the UAW's 1941 union contract with the Ford Motor Company included a then-unique antidiscrimination clause negotiated by Black foundryman Shelton Tappes?
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