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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Chemical's logo, adopted from Manufacturers Hanover after the banks' merger
Chemical Bank was a bank with headquarters in New York City from 1824 until 1996. At the end of 1995, Chemical was the third-largest bank in the U.S., with about $182.9 billion in assets and more than 39,000 employees around the world.
Image 9The 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 corporate group, company group or business group, also formally known as a group of companies, is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law, accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations.
In Germany, where a sophisticated law of the "concern" has been developed, the law of corporate groups is a fundamental aspect of its corporate law. Many other European jurisdictions also have a similar approach, while Commonwealth countries and the United States adhere to a formalistic doctrine that refuses to "pierce the corporate veil": corporations are treated outside tax and accounting as wholly separate legal entities. (Full article...)
According to Chen, the company focuses on creating video games that provoke emotional responses from players. He has stated that, while the company is not opposed to making action-oriented games, he believes that enough such titles are released by the established video game industry. When designing a game, Chen and Thatgamecompany's process is to start by mapping out what the game should make the player feel, rather than by establishing game mechanics. Chen has stated that the company does not plan to produce large, blockbuster titles, due to their belief that the pressure for high sales would stifle innovation. (Full article...)
The official founding date of the German motor vehicle manufacturer BMW is 7 March 1916, when an aircraft producer called Bayerische Flugzeugwerke (formerly Otto Flugmaschinenfabrik) was established. This company was renamed to Bayerische Motoren Werke (BMW) in 1922. However, the BMW name dates back to 1917, when Rapp Motorenwerke changed its name to Bayerische Motoren Werke. BMW's first product was a straight-six aircraft engine called the BMW IIIa. Following the end of World War I, BMW remained in business by producing motorcycle engines, farm equipment, household items and railway brakes.
This was not enough and the company was suspended, bankrupt really, from 6 November 1918 to 1 February 1919. BMW turned to motorcycle engine manufacturing, building a smooth operating horizontally opposed engine to keep the centre of mass low and thus make a more responsive machine. The engine was well received but the motorcycles made using it were not and sold slowly. BMW's General Director Franz Josef Popp had to branch out again and BMW became a sub-contract manufacturer for braking system manufacturer Knorr Bremse.
The major shareholder in BMW, Vienna based Italian speculator Camillo Castiglionli, sold all of his shares to Knorr Bremse in May 1920, who then acquired the remaining shares to make BMW a wholly owned subsidiary still run by Popp.
Less than two years later Popp persuaded Castiglionli buy back the BMW company name and buy the Bayerische Flugzeugwerke for its production site on the other side of the air field.
There the company produced its first motorcycle in 1923. This was the legendary Max Fritz designed BMW R32 shaft drive motorcycle, which featured an integrated gearbox, recirculating rather than total loss lubrication and with the cylinder heads poking out for cooling. (Full article...)
...that the 1904 Advance 2 3/4hp motorcycle displayed at the National Motorcycle Museum is thought to be the only complete Advance motorcycle in existence?
... 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?
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