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.
In 2020, the company was sold to Golden Fleece Beverages which tried to focus on distributing read-to-drink Argo's products in retail stores and eliminating company-owned cafes. The company was sold again in 2023 to Planting Hope two years after Golden Fleece filed for Chapter 11 bankruptcy protection. Planting Hope discontinued the distribution of read-to-drink retail store products to focus in selling licenses to franchisees to operate Argo branded cafes. At the end of 2023, Argo Tea had licenses for eight cafes, all located on college campuses and operated by commercial food services operators such as Aramark and Sodexo. (Full article...)
Image 130 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 10The 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.
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 company, unquoted company and private equity.
While they are often less well-known than their publicly traded counterparts, private companies 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...)
RKO has long been renowned for its cycle of musicals starring Fred Astaire and Ginger Rogers in the mid- to late 1930s. Actors Katharine Hepburn and, later, Robert Mitchum had their first major successes at the studio. Cary Grant was a mainstay for years, with credits including touchstones of the screwball comedy genre with which RKO was identified. The work of producer Val Lewton's low-budget horror unit and RKO's many ventures into the field now known as film noir have been acclaimed, largely after the fact, by film critics and historians. The studio produced two of the most famous films in motion picture history: King Kong and producer/director/star Orson Welles's Citizen Kane. RKO was also responsible for notable coproductions such as It's a Wonderful Life and Notorious, and it distributed many celebrated films by animation pioneer Walt Disney and leading independent producer Samuel Goldwyn. Though it often could not compete financially for top star and director contracts, RKO's below-the-line personnel were among the finest, including composer Max Steiner, cinematographer Nicholas Musuraca, and designer Van Nest Polglase. (Full article...)
Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, United Kingdom. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body governed by the Lloyd's Act 1871 and subsequent Acts of Parliament. It operates as a partially-mutualised marketplace within which multiple financial backers, grouped in syndicates, come together to pool and spread risk. These underwriters, or "members", are a collection of both corporations and private individuals, the latter being traditionally known as "Names".
The business underwritten at Lloyd's is predominantly general insurance and reinsurance, although a small amount of term life insurance is written. The market has its roots in marine insurance and was founded by Edward Lloyd at his coffee-house on Tower Street in c. 1689. It is thus one of the oldest insurance companies in the world. Today, it has a dedicated building on Lime Street which is Grade I listed. Traditionally business is transacted at each syndicate's "box" in the underwriting room within the building, with the policy document being known as a "slip", but in recent years it has become increasingly common for business to be conducted remotely and electronically.
The market's motto is Fidentia, Latin for "confidence", and it is closely associated with the Latin phrase uberrima fides, or "utmost good faith", representing the relationship between underwriters and brokers. (Full article...)
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