Amazon highlights taxes paid in pushback against critics
Amazon said Friday it paid more than $1 billion in US federal income taxes in 2019 as it pushed back at criticism over its corporate responsibility.
Jan 31, 2020
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Business
Amazon said Friday it paid more than $1 billion in US federal income taxes in 2019 as it pushed back at criticism over its corporate responsibility.
Jan 31, 2020
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Automotive
Nissan is investing 33 billion yen ($303 million) in its flagship auto plant in Japan's Tochigi prefecture in a first rollout of a production system geared toward electric vehicles.
Nov 28, 2019
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Business
New York-based rideshare firm Juno said Monday it was shutting down its service, citing a "changing market situation," as its Israeli-based parent company announced a partnership with Lyft.
Nov 18, 2019
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Business
Boeing's new chairman on Tuesday gave a forceful vote of confidence in CEO Dennis Muilenburg amid calls in Congress for the embattled Boeing chief executive to resign after two deadly crashes.
Nov 5, 2019
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Security
Amazon is endorsing the idea of government regulation of facial recognition technology, as part of a wide-ranging statement of its principles on a range of social and political issues.
Oct 11, 2019
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Business
Forbes on Thursday lopped more than $3 billion from its estimated net worth of WeWork co-founder Adam Neumann as the company faced skepticism regarding its future.
Oct 11, 2019
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Hardware
High-performance computing (HPC)—the use of supercomputers and parallel processing techniques to solve large computational problems—is of great use in the scientific community. For example, scientists at the U.S. Department ...
Apr 16, 2019
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Robotics
Researchers at NTT Corporation in Japan have recently developed a user-centered reinforcement learning approach that could be used to teach 'manners' to social robots. Their method, outlined in a paper pre-published on arXiv, ...
Security
For business managers, the goal may be to find a technology-driven process that can protect the security and safety of the premises, staff and visitors. Visitor management systems may not only perform check-ins but also control ...
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter (i.e. by an ad hoc act passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.
An important (but not universal) contemporary feature of a corporation is limited liability. If a corporation fails, shareholders may lose their investments, and employees may lose their jobs, but neither will be liable for debts to the corporation's creditors.
Despite not being natural persons, corporations are recognized by the law to have rights and responsibilities like natural persons ("people"). Corporations can exercise human rights against real individuals and the state, and they can themselves be responsible for human rights violations. Corporations are conceptually immortal but they can "die" when they are "dissolved" either by statutory operation, order of court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate 'death', when creditors force the liquidation and dissolution of the corporation under court order, but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of criminal offenses, such as fraud and manslaughter. However corporations are not living entities in the way that humans are.
Although corporate law varies in different jurisdictions, there are four characteristics of the business corporation:
This text uses material from Wikipedia, licensed under CC BY-SA