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.
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Headquarters in Portland, Oregon
NuScale Power Corporation is a publicly traded American company that designs and markets small modular reactors (SMRs). It is headquartered in Portland, Oregon. A 50 MWe version of the design was certified by the US Nuclear Regulatory Commission (NRC) in January 2023. The current scalable 77 MWe SMR VOYGR design was submitted for NRC review on January 1, 2023, and is currently about a third complete.
NuScale's SMR designs employ 9 feet (2.7 m) diameter by 65 feet (20 m) high reactor vessels that use conventional cooling methods and run on low enriched uranium fuel assemblies based on existing light water reactor designs. Each module is intended to be kept in an underground pool and is expected to produce about 77 megawatts of electricity. Its coolant loop uses natural convection, fed from a large water reservoir that can operate without powered pumps. (Full article...)
Image 1The 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.
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, business organizations, or their operating units are transferred to or consolidated with another company or business organization. This could happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position.
Technically, a merger is the legal consolidation of two business entities into one, whereas an acquisition occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. (Full article...)
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Panavision is an American motion picture equipment company founded in 1954 specializing in cameras and lenses, based in Woodland Hills, California. Formed by Robert Gottschalk as a small partnership to create anamorphic projection lenses during the widescreen boom in the 1950s, Panavision expanded its product lines to meet the demands of modern filmmakers. The company introduced its first products in 1954. Originally a provider of CinemaScope accessories, the company's line of anamorphic widescreen lenses soon became the industry leader. In 1972, Panavision helped revolutionize filmmaking with the lightweight Panaflex35 mmmovie camera. The company has introduced other cameras such as the Millennium XL (1999) and the digital video Genesis (2004).
Panavision operates exclusively as a rental facility—the company owns its entire inventory, unlike most of its competitors. (Full article...)
Fiorucci (Italian pronunciation:[fjoˈruttʃi]) is an Italian fashion label founded by Elio Fiorucci in 1967. The first Fiorucci shop exposed Milan to the styles of Swinging London and to American classics, such as the T-shirt and jeans. By the late 1970s, the direction of stylistic influence had reversed, and the Fiorucci store in New York City become famous for the foreign fashions it introduced to the United States. Known as the "daytime Studio 54", it attracted trendsetters from Andy Warhol to Madonna.
As a leader in the globalisation of fashion, Fiorucci scoured the globe for underground trends, introducing a newly affluent mass market to styles such as thongs from Brazil and Afghan coats. The label also popularised camouflage and leopard-skin prints before creating the designer jean market with the invention of stretch jeans. Advertising for these jeans usually featured a woman's buttocks in skin-tight denim, or in one case obscured by pink fluffy handcuffs, whilst the company logo was two cheeky angels modelled after Raphael's cherubs. However, mismanagement of the company led to receivership in 1989, and the brand was subsequently dogged by legal battles over trademarks. Several relaunches failed to make much impact.
Elio Fiorucci was found dead in his Milan home on 20 July 2015, at the age of 80. A month before his death, the brand was sold to Janie and Stephen Schaffer, who had founded the high street chain Knickerbox together in 1986. After an online Fiorucci launch and a campaign featuring Georgia May Jagger, a 5,000 sq ft destination store opened on Brewer Street in London's Soho in September 2017 during London Fashion Week. The launch party saw the Theo Adams Company transform L'Escargot, London's oldest French restaurant, into a world of disco, hedonism, and horror. The event was described by Women's Wear Daily as "the kind of party that many brands would kill for: achingly cool, outrageously oversubscribed and lots of fun." The following month Rizzoli launched a book entitled Fiorucci to celebrate 50 years of the brand, with a foreword by Oscar-winning director Sofia Coppola. (Full article...)
... 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 despite specializing in literature and serving as a senior editor of the Zhonghua Book Company, historian Zhang Zhenglang never published a single book of his own?
... that The Keyboard Company's numeric keypad was praised for not voiding Apple's warranty because it did not require soldering to install?
... 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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