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Shearman And Sterling
Shearman & Sterling LLP is a Multinational corporation, multinational law firm headquartered in New York City, United States. The firm's lawyers come from some 80 countries, speak more than 60 languages and practice US, English, EU, French, Spanish, German, Hong Kong, OHADA and Saudi law, as well as Dubai International Financial Centre law and Abu Dhabi Global Market law. Nearly one-half of the firm's lawyers practice outside the United States. History Wall Street origins Shearman & Sterling was founded in New York City in 1873 by Thomas Shearman () and John William Sterling, who concentrated on litigation and transactional matters respectively. The young firm represented financier Jay Gould and industrialist Henry Ford, and cultivated a number of important business ties that would evolve into long-standing client relationships, such as with the Rockefeller family and the predecessor banks to Citigroup and Deutsche Bank. Postwar global expansion The firm expanded internationally ...
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599 Lexington Avenue
599 Lexington Avenue is a 653 ft (199m) tall, 50-story skyscraper in Midtown Manhattan, New York City, designed by Edward Larrabee Barnes/John MY Lee Architects. It was the first building constructed by Mortimer Zuckerman and his company Boston Properties in New York City. The site was acquired for $84 million in 1984, and completed in 1986. The building is adjacent to the Citicorp Tower and is considered a well-designed contextual partner to the area. The entryway to the Lexington Ave. subway with glass shed roof, was an homage to the Citicorp Tower roof. It is tied with both of the Silver Towers as the 89th tallest building in New York City. The lobby contains Frank Stella's ''Salto nel Mio Sacco''. The property also contains an entry to the Lexington Avenue/51st Street station of the New York City Subway, served by the . The building was completed without an anchor tenant. In 2016FXFowle Architects completed a remodel of the interior lobby hallways, and elevators to ...
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Daimler-Benz
The Mercedes-Benz Group Aktiengesellschaft, AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German Multinational corporation, multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group. The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Maybach#Mercedes-Maybach, Mercedes-Maybach) and Smart (marque), Smart. It has shares in other vehicle manufactures such as Daimler Truck, Denza, BA ...
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Internet Brands
MH Sub I, LLC dba Internet Brands is an American new media company based in El Segundo, California, United States, that operates online media, community, and e-commerce sites in vertical markets. The company also develops and licenses internet software and social media applications. Businesses The company operates two divisions: consumer internet and licensing. Consumer Internet division The consumer internet division owns and operates more than 95 websites in seven categories. The company attracts more than 62 million unique visitors per month, with 97% of the audience originating from organic, non-paid sources. The company's strategy is to focus on specific target audiences that tend to be attractive to advertisers. On December 1, 2010, Internet Brands acquired AllLaw.com and AttorneyLocate.com, both founded by Arvind A. Raichur. SEC filings indicate that approximately 70% of the company's revenues are derived from advertising from more than 40,000 accounts—most of th ...
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WebMD
WebMD is an American corporation known primarily as an online publisher of news and information pertaining to human health and well-being. The site includes information pertaining to drugs. It is one of the top healthcare websites. It was founded in 1998 by internet entrepreneur Jeff Arnold. In early 1999, it was part of a three way merger with Sapient Health Network (SHN) and Direct Medical Knowledge (DMK). SHN began in Portland, Oregon, in 1996 by Jim Kean, Bill Kelly, and Kris Nybakken, who worked together at a CD-ROM publishing firm, Creative Multimedia. Later in 1999, WebMD merged with Healtheon, founded by Netscape Communications founder James H. Clark. Traffic During March 2020, WebMD's network of websites reached more unique visitors each month than any other leading private or government healthcare website, making it the leading health publisher in the United States. In the fourth quarter of 2016, WebMD recorded an average of 179.5 million unique users per month, and ...
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Electronic Arts
Electronic Arts Inc. (EA) is an American video game company headquartered in Redwood City, California. Founded in May 1982 by Apple employee Trip Hawkins, the company was a pioneer of the early home computer game industry and promoted the designers and programmers responsible for its games as "software artists." EA published numerous games and some productivity software for personal computers, all of which were developed by external individuals or groups until 1987's ''Skate or Die!''. The company shifted toward internal game studios, often through acquisitions, such as Distinctive Software becoming EA Canada in 1991. Currently, EA develops and publishes games of established franchises, including ''Battlefield'', ''Need for Speed'', ''The Sims'', ''Medal of Honor'', ''Command & Conquer'', ''Dead Space'', ''Mass Effect'', ''Dragon Age'', ''Army of Two'', ''Apex Legends'', and '' Star Wars'', as well as the EA Sports titles '' FIFA'', ''Madden NFL'', ''NBA Live'', ''NHL'', an ...
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Aetna
Aetna Inc. () is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare (United States), Medicare. Since November 28, 2018, the company has been a subsidiary of CVS Health. The company's network includes 22.1 million medical members, 12.7 million dental members, 13.1 million pharmacy benefit management services members, 1.2 million Health professional, health-care professionals, over 690,000 primary care doctors and specialists, and over 5,700 hospitals. Aetna is descended from Aetna (Fire) Insurance Company of Hartford, Connecticut. The name of the company is based on Mount Etna, at the time the most active volcano in Europe. History 1800s * ''1819'': Henry Leavitt Ellsworth, Yale University, Yale gra ...
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CVS Health
CVS Health Corporation (previously CVS Corporation and CVS Caremark Corporation) is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company's headquarters is in Woonsocket, Rhode Island. History of CVS Consumer Value Stores (CVS) was founded in 1963 by three partners: brothers Stanley and Sidney Goldstein and Ralph Hoagland, who grew the venture from a parent company, Mark Steven, Inc., that helped retailers manage their health and beauty aid product lines. The business began as a chain of health and beauty aid stores, but within several years, pharmacies were added. To expand, the company joined the Melville Corporation, which managed a string of retail businesses. Following a period of growth in the 1980s and 1990s, CVS Corporation spun off from Melville in 1996, becoming a standalone company trading on the New York Stock Exchange ...
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599 Lexington Avenue, New York, New York
__NOTOC__ Year 599 ( DXCIX) was a common year starting on Thursday (link will display the full calendar) of the Julian calendar. The denomination 599 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Byzantine Empire * Emperor Maurice refuses to pay ransom for 12,000 Byzantine soldiers taken prisoner by the Avars. Their leader Bayan I orders the execution of the prisoners, and slaughters them all. His failure to buy back the captives destroys Maurice's popularity with the Byzantine troops in the Balkan Peninsula. * Summer – Balkan Campaign: The Byzantine generals Priscus and Comentiolus join their forces at Singidunum (modern Belgrade), and move downstream to the fortress city of Viminacium ( Serbia). The Byzantines cross the Danube River and invade Upper Moesia, where they defeat the Avars in open battle. * Priscus pursues the flee ...
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Brady Bonds
Brady bonds are dollar-denominated bonds, issued mostly by Latin American countries in the late 1980s. The bonds were named after U.S. Treasury Secretary Nicholas Brady, who proposed a novel debt-reduction agreement for developing countries. History Brady bonds were created in March 1989 to convert bank loans, mostly in Latin America, into a variety or "menu" of new bonds after many countries defaulted on their debt in the 1980s. At the time, the market for emerging markets' sovereign debt was small and illiquid, and the standardization of emerging-market debt facilitated risk-spreading and trading. In exchange for commercial bank loans, the countries issued new bonds for the principal sum and, in some cases, unpaid interest. Because they were tradable and came with some guarantees, they were sometimes more valuable to the creditors than the original bonds. The key innovation behind the introduction of Brady Bonds was to allow the commercial banks to exchange their claims ...
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Iranian Hostage Crisis
On November 4, 1979, 52 United States diplomats and citizens were held hostage after a group of militarized Iranian college students belonging to the Muslim Student Followers of the Imam's Line, who supported the Iranian Revolution, took over the U.S. Embassy in Tehran and took them as hostages. A diplomatic standoff ensued. The hostages were held for 444 days, being released on January 20, 1981. Western media described the crisis as an "entanglement" of "vengeance and mutual incomprehension." U.S. President Jimmy Carter called the hostage-taking an act of "blackmail" and the hostages "victims of terrorism and anarchy." In Iran, it was widely seen as an act against the U.S. and its influence in Iran, including its perceived attempts to undermine the Iranian Revolution and its longstanding support of the shah of Iran, Mohammad Reza Pahlavi, who was overthrown in 1979. After Shah Pahlavi was overthrown, he was admitted to the U.S. for cancer treatment. Iran demanded his return in ...
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Citibank
Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex. The U.S. branches are concentrated in six metropolitan areas: New York, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. It was founded as City Bank of New York and became National City Bank of New York. It has had an important role in war bonds. It has had a role in international events including the U.S. invasion of Haiti. History Early history The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few beca ...
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