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GNC (store)
GNC Holdings, LLC (abbreviated GNC; alternatively General Nutrition Centers) is a retail company based in Pittsburgh, Pennsylvania. It specializes in health and nutrition related products, including vitamins, supplements, minerals, herbs, sports nutrition, diet, and energy products. In 2020, Harbin Pharmaceutical Group, a Chinese partially state-owned pharmaceutical manufacturer, acquired the company. History In 1935, David Shakarian opened a small health food store, Lackzoom, in downtown Pittsburgh. He made US$35 on his first day and was able to open a second store within six months. A year later, Shakarian suffered from what appeared to be a fatal blow when the Ohio River flooded into downtown on St. Patrick's Day. Both of his stores were wiped out. But he opened a new store the next year and later began a mail-order business, shipping health foods and later vitamins and prescription drugs throughout the country. Major expansion began in the 1960s. Shakarian said the physi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
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 the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. 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''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on '' Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Committee On Foreign Investment In The United States
The Committee on Foreign Investment in the United States (CFIUS, commonly pronounced "Cifius" ) is an inter-agency committee of the United States government that reviews the national security implications of foreign investments in U.S. companies or operations. Chaired by the United States secretary of the treasury, CFIUS includes representatives from 16 U.S. departments and agencies, including the Defense, State and Commerce departments, as well as (most recently) the Department of Homeland Security. CFIUS was first established by President Gerald Ford's in 1975, initially to study foreign investment. But in the 1980s, fear of Japanese investment (and in particular a proposed purchase of Fairchild Semiconductor by Fujitsu) led Congress to pass the Exon–Florio Amendment in 1988, which empowered CFIUS to reject deals. From 2013 to 2015, 20% of CFIUS's cases have to do with investment from China. CFIUS does not acknowledge which deals are under review, does not require the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marco Rubio
Marco Antonio Rubio (born May 28, 1971) is an American politician and lawyer serving as the Seniority in the United States Senate, senior United States Senate, United States senator from Florida, a seat he has held since 2011. A member of the Republican Party (United States), Republican Party, he served as List of speakers of the Florida House of Representatives, Speaker of the Florida House of Representatives from 2006 to 2008. Rubio unsuccessfully sought the 2016 Republican Party presidential primaries, Republican nomination for President of the United States in 2016, winning presidential primaries in Minnesota, the Washington, D.C., District of Columbia, and Puerto Rico. Rubio is a Cuban Americans, Cuban American from Miami, Florida. After serving as a City commission government, city commissioner for West Miami in the 1990s, he was elected to represent the 111th district in the Florida House of Representatives in 2000. Subsequently, he was elected Speaker (politics), speak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Downtown Pittsburgh
Downtown Pittsburgh, colloquially referred to as the Golden Triangle, and officially the Central Business District, is the urban downtown center of Pittsburgh. It is located at the confluence of the Allegheny River and the Monongahela River whose joining forms the Ohio River. The triangle is bounded by the two rivers. The area features offices for major corporations such as PNC Bank, U.S. Steel, PPG, Bank of New York Mellon, Heinz, Federated Investors, and Alcoa. It is where the fortunes of such industrial barons as Andrew Carnegie, Henry Clay Frick, Henry J. Heinz, Andrew Mellon and George Westinghouse were made. It contains the site where the French fort, Fort Duquesne, once stood. Location The Central Business District is bounded by the Monongahela River to the south, the Allegheny River to the north, and I-579 (Crosstown Boulevard) to the east. An expanded definition of Downtown may include the adjacent neighborhoods of Uptown/The Bluff, the Strip Distri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ares Management
Ares Management Corporation is an American global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997 and is headquartered in Los Angeles, California, with additional offices across North America, Europe, and Asia. As of September 2021, Ares Management Corporation's global platform had approximately $295 billion of assets under management and 1,500 employees operating across North America, Europe, Asia Pacific and the Middle East. History The firm was established in 1997. The co-founders included Antony Ressler, Michael Arougheti, David Kaplan, John H. Kissick, and Bennett Rosenthal. It has several subsidiaries: *Ares Capital Corporation established in 2004: provides financing for middle market acquisitions, recapitalizations, and leveraged buyouts, mainly in the United States. It is a publicly traded closed-end, non-diversified specialty finance company that is regulated as a business development c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario Teachers' Pension Plan
The Ontario Teachers' Pension Plan Board (french: Régime de retraite des enseignantes et des enseignants de l'Ontario) is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian province of Ontario. Ontario Teachers' also invests the plan's pension fund and it is one of the world's largest institutional investors, acting as a partner organization of the World Economic Forum. The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teachers' Federation. Ontario Teachers' achieved a 11.1% one-year total-fund net return in 2021 and achieved its ninth consecutive fully funded year. History Ontario Teachers' was established on January 1, 1990. Until then, Ontario teachers' pensions had been sponsored solely by the Ontario government. Assets of the plan had been invested in government bonds only. Currently, it invests globally in fixed income, public and private equity mar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apollo Management
Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, including $372 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $80.7 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors. Since inception in 1990, private-equity funds managed by Apollo have produced a 24% internal rate of return (IRR) to investors, net of fees. Apollo was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan. Apollo is headquartered in the Solow Building at 9 West 57th Street in New York City, wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Numico
Nutricia is a Danone brand that specialises in therapeutic food and infant formula, including medical nutrition for babies with specific needs. The former company, N.V. Nutricia., was established in The Netherlands by brothers Jan and Martinus van der Hagen, who started the production of infant milk formula in 1896 and diabetic milk products and iodine enriched milks in 1905. History of Royal Numico N.V. on Funding Universe History In 1885, the German Professor Alexander Backhaus developed a technique in his laboratory that removed the more slowly digested protein from cow’s milk, leaving behind only the faster dissolving and more easily digestible whey p ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas H
Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (other) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Apostle * Thomas (bishop of the East Angles) (fl. 640s–650s), medieval Bishop of the East Angles * Thomas (Archdeacon of Barnstaple) (fl. 1203), Archdeacon of Barnstaple * Thomas, Count of Perche (1195–1217), Count of Perche * Thomas (bishop of Finland) (1248), first known Bishop of Finland * Thomas, Earl of Mar (1330–1377), 14th-century Earl, Aberdeen, Scotland Geography Places in the United States * Thomas, Illinois * Thomas, Indiana * Thomas, Oklahoma * Thomas, Oregon * Thomas, South Dakota * Thomas, Virginia * Thomas, Washington * Thomas, West Virginia * Thomas County (other) * Thomas Township (other) Elsewhere * Thomas Glacier (Greenland) Arts, entertainment, and media * ''Thomas'' (Burton novel) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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