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.
The land along the Houston Ship Channel is a heavily industrialized area, with numerous oil refineries. In the late 1980s and early 1990s, several large industrial disasters occurred in the area, with the largest being the Phillips disaster of 1989, a refinery explosion that resulted in 23 deaths and over 100 injuries. In the community of Channelview, ACC operated a petrochemical plant that was the world's largest producer of the fuel additive methyl tert-butyl ether. On July 5, 1990, employees at the plant were working on restarting a compressor for a 900,000 US gal (3.4-million L) wastewater storage tank at the facility. The tank held wastewater that contained hydrocarbons until it could be deposited in a disposal well. Because the hydrocarbons in the tank could vaporize, the tank had an oxygen analyzer that kept track of the oxygen concentration in the tank and had a nitrogen sweep system to keep the gas inert. However, unbeknownst to the employees, the oxygen analyzer had malfunctioned and as a result, the oxygen level in the tank was at a dangerous level. While restarting the compressor, the gas ignited and caused a large explosion. The explosion completely destroyed the tank and some of the surrounding facility infrastructure, affecting an area the size of a city block. (Full article...)
Image 6The 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 joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.
This is a Featured article, which represents some of the best content on English Wikipedia.
Delrina Corporation was a Canadian software company active from 1988 to 1995. The company was best known for WinFax, a software package which enabled computers equipped with fax modems to transmit copies of documents to standalone fax machines or other similarly equipped computers. It also sold PerForm and FormFlow, electronic form software. Delrina was acquired by the American software firm Symantec in 1995.
Their sweepstakes has been subject of legal actions regarding whether consumers were misled about the odds of winning, and whether purchases increased their chances. By 2010, the company had reached settlements with all 50 states, and in 2023 the Federal Trade Commission ordered PCH to overhaul its sweepstakes processes. (Full article...)
