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Western Union
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Denver, Colorado. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph companies. It dominated the American telegraphy industry from the 1860s to the 1980s, pioneering technology such as telex and developing a range of telegraph-related services, including wire transfer, wire money transfer, in addition to its core business of transmitting and delivering telegram messages. After experiencing financial difficulties, it began to move its business away from communications in the 1980s and increasingly focused on its money-transfer services. It ceased its communications operations completely in 2006, at which time ''The New York Times'' described it as "the world's largest money-transfer business" and ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Wire Transfer
Wire transfer, bank transfer, or credit transfer, is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account, or through a transfer of cash at a cash office. Different wire transfer systems and operators provide a variety of options relative to the immediacy and finality of settlement and the cost, value, and volume of transactions. Central bank wire transfer systems, such as the Federal Reserves Fedwire system in the United States, are more likely to be real-time gross settlement (RTGS) systems, as they provide the quickest availability of funds. This is because RTGS systems, such as Fedwire, post each transaction individually and immediately to the electronic accounts of participating banks maintained by the central bank. Other systems, such as the Clearing House Interbank Payments System (CHIPS), provide net settlement on a periodic basis. More immediate settlement systems te ...
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Hiram Sibley
Hiram W. Sibley (February 6, 1807 – July 12, 1888), was an American industrialist, entrepreneur, and philanthropist who was a pioneer of the telegraph in the United States. Early life Sibley was born in North Adams, Massachusetts, on February 6, 1807, and later resided in Rochester, New York. He was the second son of Benjamin Sibley (1768–1829) and Zilpha (née Davis) Sibley (1771–1824). Career Too poor to receive more than a country education, Sibley started training as a shoemaker's apprentice, but, unhappy with the career, went to Lima, New York, at age 17 to work in a cotton factory. The following year he became a wool carder in a shop where future president Millard Fillmore then worked. At age 21, he started a foundry and machine shop in Mendon, New York. Ten years later, the business was successful enough for him to sell and afford to move to Rochester, where he was elected Sheriff of Monroe County from 1844 to 1846. He became interested in the work of Samuel ...
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Samuel L
Samuel L. may refer to: * Samuel L. Jackson (born 1948), American actor * Samuel L. Clemens aka Mark Twain (1835 – 1910), American author * Samuel L. Devine (1915 – 1997), American politician * Samuel L. Gravely Jr. (1922 – 2004) African-American naval officer * Samuel L. Greitzer (1905 – 1988), American mathematician * Samuel L. Lewis (1896 – 1971) American mystic and horticulturalist * Samuel L. Mitchill (1764–1831) American physician, naturalist, and politician * Samuel L. Popkin (born 1942), American political scientist * Samuel L. Southard (1787 – 1842), American statesman {{disambiguation ...
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Abraham Lincoln
Abraham Lincoln (February 12, 1809 – April 15, 1865) was the 16th president of the United States, serving from 1861 until Assassination of Abraham Lincoln, his assassination in 1865. He led the United States through the American Civil War, defeating the Confederate States of America and playing a major role in the End of slavery in the United States, abolition of slavery. Lincoln was born into poverty in Kentucky and raised on the American frontier, frontier. He was self-educated and became a lawyer, Illinois state Illinois House of Representatives, legislator, and U.S. representative. Angered by the Kansas–Nebraska Act of 1854, which opened the territories to slavery, he became a leader of the new History of the Republican Party (United States), Republican Party. He reached a national audience in the Lincoln–Douglas debates, 1858 Senate campaign debates against Stephen A. Douglas. Lincoln won the 1860 United States presidential election, 1860 presidential election, wh ...
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President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the Federal government of the United States#Executive branch, executive branch of the Federal government of the United States, federal government and is the Powers of the president of the United States#Commander-in-chief, commander-in-chief of the United States Armed Forces. The power of the presidency has grown since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasing role in American political life since the beginning of the 20th century, carrying over into the 21st century with some expansions during the presidencies of Presidency of Franklin D. Roosevelt, Franklin D. Roosevelt and Presidency of George W. Bush, George W. Bush. In modern times, the president is one of the world's most powerful political figures and the leader of the world's ...
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Pacific Ocean
The Pacific Ocean is the largest and deepest of Earth's five Borders of the oceans, oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean, or, depending on the definition, to Antarctica in the south, and is bounded by the continents of Asia and Australia in the west and the Americas in the east. At in area (as defined with a southern Antarctic border), the Pacific Ocean is the largest division of the World Ocean and the hydrosphere and covers approximately 46% of Earth's water surface and about 32% of the planet's total surface area, larger than its entire land area ().Pacific Ocean
. ''Encyclopædia Britannica, Britannica Concise.'' 2008: Encyclopædia Britannica, Inc.
The centers of both the Land and water hemispheres, water hemisphere and the Western Hemisphere, as well as the Pole of inaccessi ...
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Atlantic Ocean
The Atlantic Ocean is the second largest of the world's five borders of the oceans, oceanic divisions, with an area of about . It covers approximately 17% of Earth#Surface, Earth's surface and about 24% of its water surface area. During the Age of Discovery, it was known for separating the New World of the Americas (North America and South America) from the Old World of Afro-Eurasia (Africa, Asia, and Europe). Through its separation of Afro-Eurasia from the Americas, the Atlantic Ocean has played a central role in the development of human society, globalization, and the histories of many nations. While the Norse colonization of North America, Norse were the first known humans to cross the Atlantic, it was the expedition of Christopher Columbus in 1492 that proved to be the most consequential. Columbus's expedition ushered in an Age of Discovery, age of exploration and colonization of the Americas by European powers, most notably Portuguese Empire, Portugal, Spanish Empire, Sp ...
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Communications In The United States
Communications in the United States include extensive industries and distribution networks in print and telecommunication. The primary telecom regulator of communications in the United States is the Federal Communications Commission. History American inventors and entrepreneurs made substantial contributions to development and commercialization of the radio, telephone, and television. The Internet protocol suite was developed with U.S. government funding. Regulation The Federal Communications Commission (FCC) is an independent government agency responsible for regulating the radio, television and phone industries. The FCC regulates all interstate communications, such as wire, satellite and cable, and international communications originating or terminating in the United States. Significant laws in the history of U.S. telecommunications include: * Wireless Ship Act of 1910, the first radio regulations * Mann–Elkins Act of 1910, granting the Interstate Commerce Commiss ...
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History Of Technology
The history of technology is the history of the invention of tools and techniques by humans. Technology includes methods ranging from simple stone tools to the complex genetic engineering and information technology that has emerged since the 1980s. The term ''technology'' comes from the Greek word ''techne'', meaning art and craft, and the word ''logos'', meaning word and speech. It was first used to describe applied arts, but it is now used to describe advancements and changes that affect the environment around us. New knowledge has enabled people to create new tools, and conversely, many scientific endeavors are made possible by new technologies, for example scientific instruments which allow us to study nature in more detail than our natural senses. Since much of technology is applied science, technical history is connected to the history of science. Since technology uses resources, technical history is tightly connected to economic history. From those resources, technology ...
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New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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