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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Wistarburg Glass Works roadsign
The Wistarburg Glass Works (sometimes spelled Wistarburgh Glass Works; also known as the United Glass Company) was the first successful glass factory and joint-venture enterprise in the Thirteen Colonies. Caspar Wistar founded the glass works company in 1739. He began by recruiting experienced glass artisans from Europe, and built homes for the workers along with a mansion for the factory's foreman. Wistar also had a company store built near the factory.
The village that developed around the factory adopted Wistar's name, and became known as Wistarburg. The village was in Salem County, New Jersey, in the township of Alloway. Wistar's factory produced thousands of glass bottles per year, as well as window glass. Wistar was a friend of Benjamin Franklin, and made glass globes for Franklin's electricity-producing machines used for scientific research. Wistar's son inherited the business and his son, Wistar's grandson, eventually gained control of the company, but owing to his mismanagement it closed. (Full article...)
Image 930 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.
Image 11The 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.
Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations. Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corporation. It thus encompasses the formation, funding, governance, and death of a corporation.
While the minute nature of corporate governance as personified by share ownership, capital market, and business culture rules differ, similar legal characteristics and legal problems exist across many jurisdictions. Corporate law regulates how corporations, investors, shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community, and the environment interact with one another. Whilst the term company or business law is colloquially used interchangeably with corporate law, the term business law mostly refers to wider concepts of commercial law, that is the law relating to commercial and business related purposes and activities. In some cases, this may include matters relating to corporate governance or financial law. When used as a substitute for corporate law, business law means the law relating to the business corporation (or business enterprises), including such activity as raising capital, company formation, and registration with the government. (Full article...)
NeXT, Inc. (later NeXT Computer, Inc. and NeXT Software, Inc.) was an American technology company headquartered in Redwood City, California that specialized in computer workstations for higher education and business markets, and later developed web software. It was founded in 1985 by CEO Steve Jobs, the Apple Computer co-founder who had been forcibly removed from Apple that year. NeXT debuted with the NeXT Computer in 1988, and released the NeXTcube and smaller NeXTstation in 1990. The series had relatively limited sales, with only about 50,000 total units shipped. Nevertheless, the object-oriented programming and graphical user interface were highly influential trendsetters of computer innovation.
NeXT partnered with Sun Microsystems to create a programming environment called OpenStep, which decoupled the NeXTSTEP operating system's application layer to host it on third-party operating systems. In 1993, NeXT withdrew from the hardware industry to concentrate on marketing OPENSTEP for Mach, its own OpenStep implementation for several other computer vendors. NeXT developed WebObjects, one of the first enterprise web frameworks, and although its market appeal was limited by its high price of US$50,000 (equivalent to $100,000 in 2023), it is a prominent early example of dynamic web pages rather than static content. (Full article...)
Lenovo originated as an offshoot of a state-owned research institute. Then known as Legend and distributing foreign IT products, co-founder Liu Chuanzhi incorporated Legend in Hong Kong in an attempt to raise capital and was successfully permitted to build computers in China, and were helped by the American AST Research. Legend listed on the Hong Kong Stock Exchange in 1994 and became the largest PC manufacturer in China and eventually in Asia; they were also domestic distributors for HP printers, Toshiba laptops, and others. After the company rebranded itself to Lenovo, it acquired IBM's PC business including its ThinkPad line in 2005, after which it rapidly expanded abroad. In 2013, Lenovo became the world's largest personal computer vendor by unit sales for the first time, a position it still holds as of 2024.
... 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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