American Commercial Industries Inc history

In 1998 a settlement was reached in which the companies affected agreed to pay a total of $246 billion spread amongst the governments of all fifty states.

Generally through mergers and acquisitions, a large company can grow beyond the boundaries of a single nation, buying and taking over companies in other countries to form a global network of subsidiaries. For example, Exxon Mobil, which was formed in 1999 by the merger of the two oil companies Exxon and Mobil, is headquartered in Irving, Texas, but it operates affiliated companies in at least forty countries on six continents.

In August 2000 Enron's stock rose to an all-time high of $90 per share.

Table 6.4 shows results from the 2002 Economic Census performed by the United States Census Bureau.

In November 2004 the Public Broadcasting System (PBS) series Frontline aired an episode titled "Is Wal-Mart Good for America?" The show traces the rise of Wal-Mart as a major force in the retail industry and describes the power that the company developed over its suppliers.

In 2005 the nation's GDP increased by 3.5%. Service-providing businesses grew by 4.1%, while goods-producing businesses had a 2.6% increase.

In May 2006, after a lengthy trial, former CEO Jeffrey Skilling and Enron founder Kenneth Lay were found guilty on various counts of fraud and conspiracy.