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 the 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.
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Poundland Limited is a British variety store chain founded by Dave Dodd and Steven Smith in 1990, originally selling all of its items at the single price of £1.
The retailer grew from a single location in Burton upon Trent, opening its hundredth location in 2003. In 2011, it expanded internationally by launching its first locations in Ireland under the name Dealz, and later into Poland and the Isle of Man. In 2015, it acquired rival 99p Stores. In 2016, Steinhoff International acquired Poundland for £610 million, later spinning it off into Pepco Group (formerly known as Pepkor Europe). (Full article...)
Image 5The 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 1030 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.
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter". Related terms are unlisted organisation, unquoted company and private equity.
Private companies are often less well-known than their publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to Forbes. (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...)
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, who is also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.
Alphabet Inc. has faced numerous legal and ethical controversies, including a 2017 lawsuit against Uber over stolen self-driving technology, a 2020 privacy settlement over Google+ data exposure, and multiple antitrust actions from the U.S., France, and Japan. It has also been accused of labor law violations related to worker organizing and was forced to file for bankruptcy in Russia after its bank account was seized in 2022. In 2023, the company was widely criticized for mass layoffs that impacted 12,000 employees, many of whom discovered their termination only upon losing account access. (Full article...)
...that Jayco, the largest privately held manufacturer of recreational vehicles(collapsible model pictured) in North America, has mostly Amish and Mennonite employees?
... that although the Brooklyn Union Gas Company's original building, next to its replacement, was once described as having been "miraculously saved", the older building was demolished in 2004 without protest?
... that an Ohio TV station bribed ABC to obtain a network affiliation, only to lose it within the year?
... that Henry Kailimai and his Hawaiian Quintet were hired by Henry Ford to serve as official musicians for the Ford Motor Company?
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