GM furloughs 1,225 more workers as strike enters 2nd week
General Motors temporarily laid off an additional 1,225 workers in Canada and the United States on Monday as a strike entered its second week.
Sep 23, 2019
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Business
General Motors temporarily laid off an additional 1,225 workers in Canada and the United States on Monday as a strike entered its second week.
Sep 23, 2019
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Business
Fiat Chrysler (FCA) has been hit by slowing sales that have afflicted the car industry worldwide, but the Italian-US automaker said Wednesday that it nonetheless managed to boost second-quarter profits.
Jul 31, 2019
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A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
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