History Hop Tags - Companies

Companies - Notable Historical Events

Bill ClintonAug 6, 1996

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Companies - Historical Events
Date Event
1866-12-03

Paid fire dept replaces volunteer companies

1912-05-18

Maurits Binger establishes 2 Dutch movie companies

1919-05-12

The Transvaal British Indian Association calls a mass meeting to organise opposition to the proposed Asiatics (Land and Trading) Amendment Act; in the Act, Transvaal Indians are prohibited from owning shares in limited companies

1924-05-11

Mercedes-Benz is formed by Gottlieb Daimler and Karl Benz merging the two companies.

1938-03-18

Pres Cardena of Mexico nationalizes US & British oil companies

1941-03-14

Nazi occupiers of Holland forbid Jewish owned companies

1965-03-19

Indonesia nationalizes all foreign oil companies

1971-01-12

Negotiations over price of petroleum begin in Tehran between 6 OPEC Persian Gulf states and 22 oil companies

1971-02-14

Tehran agreement signed; oil companies accept 55 percent tax rate, immediate increase in posted prices, and further successive increases

1971-04-02

Libya concludes 5 weeks of negotiations with Western oil companies in Tripoli

1972-01-20

Six oil exporting countries conclude meetings with Western oil companies; an agreement is reached to raise the posted price of crude by 8.49 percent to offset the loss in value of oil concessions attributable to the decline in value of the US. dollar

1972-03-11

OPEC threatens "appropriate sanctions" against companies that "fail to comply with . . . any action taken by a Member Country in accordance with [OPEC] decisions."

1972-06-09

In a show of support for Iraq, OPEC moves to prevent companies whose interests were nationalized in Iraq from increasing production elsewhere

1973-01-23

Shah of Iran announces that the 1954 operating agreement between a consortium of oil companies and Iran will not be renewed when it expires in 1979

1973-06-14

US President Richard Nixon administration imposes 60-day economy-wide price freeze, superseding Special Rule No. 1 for oil companies

1973-09-01

Libya nationalizes 51 percent of nine other oil companies' concessions

1973-09-15

OPEC supports price hikes and designates six Gulf countries to negotiate collectively with companies over prices; other members to negotiate individually

1973-10-08

OPEC meets with oil companies to discuss revision of 1971 Tehran agreement and oil prices; negotiations fail.

1974-02-11

Libya nationalizes three US oil companies that had not agreed to 51 percent nationalization in September

1975-10-28

Venezuela and foreign oil companies agree on nationalization as of January 1, 1976

1979-11-15

Iran cancels all contracts with U.S. oil companies

1982-01-08

AT&T agrees to divest itself of 22 Bell System companies

1984-01-01

AT&T's 22 owned Bell system companies divests into 8 companies

1992-03-13

FCC rules companies can own 30 AM & 30 FM stations (formerly 12)

1993-08-19

Mattel & Fisher Price toy companies merge

1995-12-13

US Federal Court votes that Cable companies must carry local stations

1996-06-20

The Venezuelan Congress approves deals which allow foreign oil companies to explore and produce oil in Venezuela for the first time since the country's 1975 nationalization of the oil industry

1996-08-06

US President Bill Clinton signs a new bill imposing sanctions on non-US companies which invest over $40 million a year in the energy sectors of Iran or Libya

1998-09-14

Telecommunications companies MCI Communications and WorldCom complete their $37 billion merger to form MCI WorldCom.

2001-02-20

The United States Supreme Court declines to consider an appeal by five major oil companies against Unocal's patent on production of cleaner "reformulated" gasoline sold in California

2001-05-18

Saudi Arabia selects the eight foreign companies to take part in its "Gas Initiative," three core venture gas projects that have an anticipated worth of $25 billion

2001-07-02

Bush Administration announce that it will seek to let oil companies drill on about 1,500,000 acres of the Gulf of Mexico

2001-09-13

Relative calm returns to world oil markets as US retail gasoline prices return to normal levels; energy trading by Houston energy companies resumes and limited commercial aviation starts

2002-10-27

The ITV Network aired a constant regional service for the last time in England and Wales, but LWT lost its identity completely. All companies (except UTV, Channel, Scottish TV & Grampian TV) formed the national ITV1 with regional references only before regional programmes.

2008-09-07

The US Government takes control of the two largest largest mortgage financing companies in the US, Fannie Mae and Freddie Mac.

2008-09-21

Goldman Sachs and Morgan Stanley, the two last remaining independent investment banks on Wall Street, become bank holding companies as a result of the subprime mortgage crisis.

2012-08-08

China announces that it plans to close 23 rare earth mines and up to 50 smelting companies

2012-10-29

Publishing companies Penguin and Random House merge to form the world's largest publisher

2013-12-12

The United States announces sanctions on the two dozen companies who assisted Iran with their nuclear program

2016-05-26

EgyptAir Enlists European Companies to Look for Black Boxes From Flight 804

2017-04-05

22 companies pull advertising from 'The O'Reilly Factor'

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