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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 630 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.
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A corporation' is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes.' Early incorporated entities were established by charter (i.e., by an ad hoc act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: whether they can issue stock, or whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as aggregate (the subject of this article) or sole (a legal entity consisting of a single incorporated office occupied by a single natural person).
One of the attractive early advantages business corporations offered to their investors, compared to earlier business entities like sole proprietorships and joint partnerships, was limited liability. Limited liability means that a passive shareholder in a corporation will not be personally liable either for contractually agreed obligations of the corporation, or for torts (involuntary harms) committed by the corporation against a third party. Limited liability in a contract is uncontroversial because the parties to the contract could have agreed to it and could agree to waive it by contract. However, limited liability in tort remains controversial because third parties do not agree to waive the right to pursue shareholders. There is significant evidence that limited liability in tort may lead to excessive corporate risk taking and more harm by corporations to third parties. (Full article...)
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Ace Books is a publisher of science fiction (SF) and fantasy books founded in New York City in 1952 by Aaron A. Wyn. It began as a genre publisher of mysteries and westerns, and soon branched out into other genres, publishing its first science fiction title in 1953. This was successful, and science fiction titles outnumbered both mysteries and westerns within a few years. Other genres also made an appearance, including nonfiction, gothic novels, media tie-innovelizations, and romances. Ace became known for the tête-bêche binding format used for many of its early books, although it did not originate the format. Most of the early titles were published in this "Ace Double" format, and Ace continued to issue books in varied genres, bound tête-bêche, until 1973.
Ace, along with Ballantine Books, was one of the leading science fiction publishers for its first ten years of operation. The death of owner A. A. Wyn in 1967 set the stage for a later decline in the publisher's fortunes. Two leading editors, Donald A. Wollheim and Terry Carr, left in 1971, and in 1972 Ace was sold to Grosset & Dunlap. Despite financial troubles, there were further successes, particularly with the third Ace Science Fiction Specials series, for which Carr came back as editor. Further mergers and acquisitions resulted in the company becoming absorbed by Berkley Books. Ace later became an imprint of Penguin Group (USA). (Full article...)
The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine, in 1934 and its first passenger car in 1936, the Toyota AA.
After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which gave rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that transformed the small company into a leader in the industry and was the subject of many academic studies. (Full article...)
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