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MPC Corporation
MPC Corporation was a computer-hardware company based in Nampa, Idaho, United States. It was best known as a provider of desktops, notebooks, servers and services to customers in the federal, state and local government, education, small and medium business, and consumer markets. Before June 2001, MPC Corporation was known as Micron Electronics Inc., a subsidiary of Boise-based semiconductor manufacturer Micron Technology. MPC filed for Chapter 11 bankruptcy on November 7, 2008, three days after their common stock was delisted from the NYSE Alternext U.S. exchange (formerly the American Stock Exchange). On December 31, 2008, MPC notified the Idaho Department of Labor that its efforts to reorganize had failed and the company would cease operations. History MPC Computers (originally named Micron Electronics Inc.) was founded privately in Nampa, Idaho in 1995 through a merger of ZEOS International, Micron Computer, and Micron Custom Manufacturing. From 1995 to 2001, Micron Ele ...
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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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State Government
A state government is the government that controls a subdivision of a country in a federal form of government, which shares political power with the federal or national government. A state government may have some level of political autonomy, or be subject to the direct control of the federal government. This relationship may be defined by a constitution. The reference to "state" denotes country subdivisions that are officially or widely known as " states", and should not be confused with a "sovereign state". Most federations designate their federal units "state" or the equivalent term in the local language; however, in some federations, other designations are used such as Oblast or Republic. Some federations are asymmetric, designating greater powers to some federal units than others. Provinces are usually divisions of unitary states but occasionally the designation is also given to the federal units such as the Provinces of Argentina or Canada. Their governments, wh ...
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Zeos
Zeos International, Ltd. (stylized as ZEŌS), was a PC manufacturer based in Minneapolis, Minnesota. Originally based in New Brighton, Minnesota, and founded by Gregory E. Herrick, the company incorporated in Minnesota in 1981. Prior to manufacturing PCs, the company was called NPC Electronics. NPC was a contract assembly business best known for developing a transmitter device called Radio Realty. Marketed primarily to real estate brokers, this product enabled prospective home buyers to tune in and listen to prerecorded information about a property listing while parked in front of the dwelling. Radio Realty was divested in the early 1980s as NPC started developing, manufacturing, and selling PCs under the Zeos name. The company went public in mid-1985 by self-underwriting, and officially changed its name from NPC Electronics to Zeos International. History The company's first PC related product was the PC Speeder, a device designed to increase the clock speed (and thereby the ...
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Idaho Department Of Labor
The Idaho Department of Labor is a state agency in Idaho. The agency is responsible for economic development, labor relations, workforce, technology, volunteerism, and workforce development. It also processes requests for unemployment benefits Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work d ... and unemployment insurance. The agency is managed by the Idaho Director of Labor who is selected by the governor of Idaho. References State departments of labor of the United States State agencies of Idaho {{Idaho-stub ...
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American Stock Exchange
NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. NYSE Euronext acquired AMEX on October 1, 2008, with AMEX integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S. In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities. On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC. Following the SEC approval of competing stock exchange IEX in 2016, NYSE MKT rebranded as NYSE American and introduced a 350-microsecond delay in trading, referred to as a "speed bump", which is also present on the IEX. History The Curb market The exchange grew out of the loosely organized curb market of curbstone brokers on Broad Street in Manhattan. Efforts to organize and standardize the market started early ...
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Listing (finance)
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are publicly listed. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channel Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own 'listing requirements'' or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in absolute terms and a ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ...
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Semiconductor
A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities (" doping") to its crystal structure. When two regions with different doping levels are present in the same crystal, they form a semiconductor junction. The behavior of charge carriers, which include electrons, ions, and electron holes, at these junctions is the basis of diodes, transistors, and most modern electronics. Some examples of semiconductors are silicon, germanium, gallium arsenide, and elements near the so-called " metalloid staircase" on the periodic table. After silicon, gallium arsenide is the second-most common semiconductor and is used in laser diodes, solar cells, microwave-frequency integrated circuits, and others. Silicon is a critical element for fabricating most electronic circuits. Semiconductor devices can display a range of different useful properties, such as passing current more easil ...
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Boise, Idaho
Boise ( ) is the List of capitals in the United States, capital and List of cities in Idaho, most populous city of the U.S. state of Idaho. As of the 2020 United States census, 2020 census, there were 235,685 people residing in the city. Located on the Boise River in southwestern Idaho, it is east of the Oregon border and north of the Nevada border. The downtown area's elevation is Sea level#AMSL, above sea level. It is the county seat of Ada County, Idaho, Ada County. The Boise metropolitan area, also known as the Treasure Valley, includes five County (United States), counties with a combined population of 749,202, the most populous metropolitan area in Idaho. It contains the state's three largest cities: Boise, Nampa, Idaho, Nampa, and Meridian, Idaho, Meridian. The Boise metropolitan area, Boise–Nampa Metropolitan Statistical Area is the 74th most populous List of metropolitan statistical areas, metropolitan statistical area in the United States. Downtown Boise is the ...
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Consumer
A consumer is a person or a group who intends to order, or use purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Rights "Consumers, by definition, include us all", said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech, John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading information, adverti ...
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Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from Sole proprietorship, sole proprietors and partnerships. Corporations are separate and unique Legal person, legal entities from their shareholde ...
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Small Business
Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy. The qualifications vary depending on the country and industry. Small businesses range from fifteen employees under the Australian ''Fair Work Australia, Fair Work Act 2009'', fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S. Small Business Administration programs. While small businesses can be classified according to other methods, such as annual revenues, shipments, sales, assets, annual gross, net revenue, net profits, the number of employees is one of the most widely used measures. Small businesses in many countries include service or retail operations such as convenience sto ...
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