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.
Steorn challenged the
scientific community to investigate its claim and, in December 2006, said that it had chosen a jury of scientists to do so. In June 2009 the jury gave its unanimous verdict that Steorn had not demonstrated the production of energy. (Full article...)
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 430 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 multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, – with subtle but contrasting senses) is a corporate
organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations".
The company's
initial public offering was held on March 14, 1986. The stock, which eventually closed at $27.75 a share, peaked at $29.25 a share shortly after the market opened for trading. After the offering, Microsoft had a market capitalization of $519.777 million. Microsoft has subsequently acquired over 225 companies, purchased stakes in 64 companies, and made 25
divestments. Of the companies that Microsoft has acquired, 107 were based in the United States. Microsoft has not released financial details for most of these mergers and acquisitions. (Full article...)
LKAB Malmtrafik, earlier Malmtrafik i Kiruna AB (MTAB), is a
Swedishrailway company which operates the
iron orefreight trains on the
Iron Ore Line and the
Ofoten Line. MTAB is a wholly owned subsidiary of the mining company
Luossavaara–Kiirunavaara (LKAB). In
Norway, operations are handled by the subsidiary Malmtrafikk AS (MTAS). Malmtrafik hauls ore from LKAB's mines in
Kiruna,
Malmberget and
Svappavaara to the ports of
Luleå and
Narvik, the latter located in Norway. The company owns 28
Iore locomotives and 750
hopper cars. Each train is 68 cars long and weighs 8,600 tonnes (8,500 long tons; 9,500 short tons), allowing the company to transport 33 million tonnes per year.
Traditionally the ore hauling had been done by the
Swedish State Railways (SJ) and
Norwegian State Railways (NSB). In the late 1980s, LKAB started a process to take over operations and increase efficiency by using heavier and longer trains. Because of the profitability in the operations, especially NSB was reluctant to lose the operations. In 1993, LKAB received permission to operate their own trains in Sweden, and from 1996 in Norway. MTAB and MTAS were created in 1996 when they took over the hauling formerly operated by NSB and SJ. It inherited
Dm3 and
El 15 locomotives. Originally established as a
joint venture between LKAB, NSB and SJ, with the mining company as a majority owner, LKAB bought the whole company in 1999. By 2011, the renewal process will be finished, and only trains pulled by Iore will be in operation. (Full article...)
...that the Moonlight Brewing Company sells its product only in
kegs because the brewmaster believes the process of bottling
beer "is cruel for the beer and a logistical nightmare"?
... that the liberal film company Brave New Films has produced full-length videos and paper advertisements in addition to the
viral videos for which it is known?
... 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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