Peter Wege
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Peter Wege
Steelcase Inc. is an American manufacturer of furniture, casegoods, seating, and space solutions for offices, hospitals, classrooms, and residential interiors. It is headquartered in Grand Rapids, Michigan, USA. History Originally known as The Metal Office Furniture Company, Steelcase was founded by Peter Martin Wege in 1912. Prior to starting the company, Wege had filed approximately 25 patents related to the sheet metal and fireproofing industries. The Metal Office Furniture Company's first products included fireproof metal safes and four-drawer metal filing cabinets. In 1914, the company received its first product patent for "The Victor", a fireproof steel wastebasket. The Victor gained popularity due to its light weight—achieved through a patented process of bending flat steel at right angles to create boxes—and its ability to prevent fires at a time when smoking was common indoors, particularly in the workplace. In 1915, the company began manufacturing and distributi ...
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Russell 2000 Index
The Russell 2000 Index is a small cap company , small-cap stock market index that makes up the smallest 2,000 stocks in the Russell 3000 Index. It was started by the Frank Russell Company in 1984. The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG). Overview The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as "Market capitalization#Market cap terms, small-cap", while the S&P 500 index is used primarily for large capitalization stocks. It is the most widely quoted measure of the overall performance of small-cap to mid-cap company shares. It is commonly considered an indicator of the U.S. economy due to its focus on small-cap companies in the U.S. market. The index represents approximately 10% of the total market capitalization of the Russell 3000 Index. , the weighted average market capitalization for a company in the index is around $3.1 billion; the median market cap is $1.0 billi ...
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Patent Infringement
Patent infringement is the commission of a prohibited act with respect to a patented invention without permission from the patent holder. Permission may typically be granted in the form of a license. The definition of patent infringement may vary by jurisdiction, but it typically includes using or selling the patented invention. In many countries, a use is required to be ''commercial'' (or to have a ''commercial'' purpose) to constitute patent infringement. The scope of the patented invention or the extent of protection is defined in the claims of the granted patent. In other words, the terms of the claims inform the public of what is not allowed without the permission of the patent holder. Patents are territorial, and infringement is only possible in a country where a patent is in force. For example, if a patent is granted in the United States, then anyone in the United States is prohibited from making, using, selling or importing the patented item, while people in other co ...
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BusinessWeek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the ...
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David M
David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". was, according to the Hebrew Bible, the third king of the United Kingdom of Israel. In the Books of Samuel, he is described as a young shepherd and harpist who gains fame by slaying Goliath, a champion of the Philistines, in southern Canaan. David becomes a favourite of Saul, the first king of Israel; he also forges a notably close friendship with Jonathan, a son of Saul. However, under the paranoia that David is seeking to usurp the throne, Saul attempts to kill David, forcing the latter to go into hiding and effectively operate as a fugitive for several years. After Saul and Jonathan are both killed in battle against the Philistines, a 30-year-old David is anointed king over all of Israel and Judah. Following his rise to power, David ...
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IDEO
IDEO () is a design and consulting firm with offices in the U.S., England, Germany, Japan, and China. It was founded in Palo Alto, California, in 1991. The company's 700 staff uses a design thinking approach to design products, services, environments, and digital experiences. In 1996, Steelcase took a majority ownership stake in the firm, which continued to operate independently. By the early 2000s, the company had expanded into management consulting and organizational design. In 2016, Japanese holding company Kyu Collective purchased a minority stake in the firm, with Steelcase continuing to hold a small stake. History IDEO was formed in 1991 by a merger of David Kelley Design (founded by Stanford University professor David Kelley in 1978), London-based Moggridge Associates and San Francisco's ID Two (both founded by British-born Bill Moggridge, in 1969 and 1979, respectively), and Matrix Product Design (founded by Mike Nuttall in 1983). In 1996, Office-furniture maker Steel ...
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Switch (company)
Switch is a company based in Las Vegas, Nevada, that develops and operates the SUPERNAP data center facilities and provides colocation, telecommunications, cloud services, and content ecosystems.Overgaard, Krist"Switch SUPERNAP Named as the First and Only Registered Hosting Center for Online Gaming by the Nevada Gaming Commission"Nevada Business. May 31, 2013 History Switch was founded in 2000 by Rob Roy, CEO and the organization's principal inventor and chief engineer.Miller, Ric"SuperNAP 8 Earns Tier IV Gold Status for Operations"Data Center Knowledge. August 5, 2014 In 2002, Roy purchased a former Enron facility in Nevada in an auction only attended by Roy since Enron's "fiber plans were so secretive that few people even knew about the auction", with the facility which Enron invested millions of dollars into selling for only $930,000. The facility was built in a rundown area of Las Vegas near E Sahara, constructed right over the "backbone" of fiber optic cables providing ser ...
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New Product Development
In business and engineering, new product development (NPD) covers the complete process of bringing a new product (business), product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along with various business considerations. New product development is described broadly as the transformation of a market opportunity into a product available for sale. The products developed by an organisation provide the means for it to generate income. For many technology-intensive firms their approach is based on exploiting technological innovation in a rapidly changing market. The product can be tangible (something physical which one can touch) or intangible (like a service or user experience, experience), though sometimes services and other processes are distinguished from "products". NPD requires an understanding of customer needs and wants, the competitive environment, and the nature of the market. Cost, time, and qua ...
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Interdisciplinarity
Interdisciplinarity or interdisciplinary studies involves the combination of multiple academic disciplines into one activity (e.g., a research project). It draws knowledge from several other fields like sociology, anthropology, psychology, economics, etc. It is about creating something by thinking across boundaries. It is related to an ''interdiscipline'' or an ''interdisciplinary field,'' which is an organizational unit that crosses traditional boundaries between academic disciplines or schools of thought, as new needs and professions emerge. Large engineering teams are usually interdisciplinary, as a power station or mobile phone or other project requires the melding of several specialties. However, the term "interdisciplinary" is sometimes confined to academic settings. The term ''interdisciplinary'' is applied within education and training pedagogies to describe studies that use methods and insights of several established disciplines or traditional fields of study. Interd ...
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Sears Tower
The Willis Tower (originally the Sears Tower) is a 108-story, skyscraper in the Loop community area of Chicago in Illinois, United States. Designed by architect Bruce Graham and engineer Fazlur Rahman Khan of Skidmore, Owings & Merrill (SOM), it opened in 1973 as the world's tallest building, a title that it held for nearly 25 years. It is currently the third-tallest building in the Western Hemisphere, as well as the 23rd-tallest in the world. Each year, more than 1.7 million people visit the Skydeck observation deck, the highest in the United States, making it one of Chicago's most popular tourist destinations. The building occupies a site bounded by Franklin Street, Jackson Boulevard, Wacker Drive, and Adams Street. Graham and Khan designed the building as nine square "tubes", clustered in a 3×3 matrix; seven of the tubes set back at upper floors. The tower has 108 stories as counted by standard methods, though the building's owners count the main roof as 109 and the mech ...
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Worcester Telegram & Gazette
The ''Telegram & Gazette'' (and ''Sunday Telegram'') is the only daily newspaper of Worcester, Massachusetts. The paper, headquartered at 100 Front Street and known locally as ''the Telegram'' or the ''T & G'', offers coverage of all of Worcester County, as well as surrounding areas of the western suburbs of Boston, Western Massachusetts, and several towns in Windham County in northeastern Connecticut. The ownership corporation, Worcester Telegram & Gazette Corp., was a wholly owned subsidiary of The New York Times Company (publisher of ''The New York Times'' and ''The Boston Globe'') from 2000 to 2013. In 2013, the New York Times Company sold both the ''T & G'' and the ''Globe'' to John W. Henry, owner of the Boston Red Sox, although Henry told staff at the Worcester paper he intended to sell it as soon as possible. In 2014, Henry sold the paper to Halifax Media Group. In 2015, Halifax was acquired by New Media Investment Group. History On January 22, 1913, the ''Worcester ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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