Sentences with phrase «companies billions of dollars every year»

Workplace mistakes, which are more common than you think, can cost companies billions of dollars each year.
Lost or stolen data costs companies billions of dollars every year, and consumers are potentially responsible for those billions.
Insurance fraud costs insurance companies billions of dollars a year, so you can bet they come down hard on violators.

Not exact matches

The company is still billions of dollars and years away from building its first official tunnel, however.
Now, 14 years after inheriting her father's semi-successful company, she took in $ 10 million last year by overseeing a half - billion dollars of hotel construction and living the life she has always wanted.
During the 13 years Trump spent as chairman, the company lost a total of $ 1.1 billion and declared bankruptcy twice — all while Trump essentially paid himself roughly $ 82 million and also had the company pay hundreds of thousands of dollars to buy Trump Ice bottled water for their mini-bars.
Health care fraud is one of the most devastating financial crimes, siphoning billions of dollars from insurance companies and patients who spend a staggering 2.5 trillion dollars each year on health care.
The company is reportedly planning another billion - dollar raise — marking the eighth round of funding it has sought in the past five years.
-- Ratmir Timashev, CEO of Veeam, a data center backup company founded in 2006 that now employs more than 1,500 employees around the world and brings in hundreds of millions of dollars in revenue, with its sights on reaching $ 1 billion in revenue in the next five years.
The fund is reportedly being raised to help Sequoia compete with Japanese tech giant SoftBank, which announced a huge new $ 100 billion (# 75 billion) fund last year that is now being used to back promising tech companies worldwide with tens or even hundreds of millions of dollars.
The legendary B.C. development family saw their president of nearly 10 years, David Negrin, leave the company for a new opportunity — building and managing residential projects on the billion dollars» worth of land owned by the Musqueam, Squamish and Tsleil - Waututh First Nations.
To find out, researchers from the University of London zoomed in for a three - year look at the assumedly cutthroat global reinsurance industry — a $ 260 - billion dollar financial market that insures insurance companies against large - scale losses.
Over the last five years, Catamaran has grown from an $ 80 million revenue business into a $ 9 billion dollar revenue generating company and he expects it to make $ 16 billion by the end of next year.
With that, she's built a company that will do about a billion dollars of revenue this year, and it will be profitable in a few years.
-- Ratmir Timashev, CEO of Veeam, a data center backup company founded in 2006 which now employs more than 1,500 employees around the world and brings in hundreds of millions of dollars in revenue, with its sights on reaching $ 1 billion in revenue in the next five years.
Alibaba has purchased the remaining 57 % stake of China food delivery app Ele.me it doesn't already own, bringing the app's valuation up to $ 9.5 b. Tech companies such as Alibaba and Tencent, which has invested billions of dollars in Meituan - Dianping, are eager to cash in on China's growing online food delivery market, which is expected to grow 18 % to 241 billion yuan ($ 38 billion) this year.
That's a lot of money, but the real reason for the Facebook brouhaha is the valuation: $ 15 billion dollars for a company that has revenues estimated at $ 150 million, profits of approximately $ 30 million, a flip - flop wearing 23 year old of a CEO.
Noble is pursuing a $ 3.4 billion debt restructuring - crucial for the survival of the company - which has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to cut debt.
But with the past year of corporate scandals bringing billion - dollar companies to their knees, most business owners are realizing that not having a handle on the company's financial inner workings can lead to disastrous consequences for companies both big and small.
In a year when companies like Uber, Airbnb, and Snapchat became a part of the exclusive Billion - Dollar Startup Club, it's obvious that founders like Travis Kalanik, Brian Chesky, and Evan Spiegel have officially become inspiring success stories.
The AT&T - Time Warner deal announcement touts «a combination unlike any other,» «a perfect match of two companies with complementary strengths,» and a billion dollars a year worth of «synergies,» which is how business people talk about cost - cutting.
The brothers dream of creating a billion - dollar global company (they give themselves 15 years) that improves the culture by promulgating inspirational messages and — this is the important part, they say — by raising money and awareness for sick and disadvantaged children.
Eagle's Sassouni pointed out that since the big drug companies are losing billions of dollars every year to generic versions and have little to spend on their own research and development, they are looking to buy smaller biotechnology companies that are developing their own products.
Qualcomm CEO Steve Mollenkopf compared the dispute with Apple over potentially billions of dollars in royalties on mobile chipsets to earlier fights Qualcomm has had over the years with other tech companies that were settled out of court.
The company has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to slash debt.
At close to half a billion dollars, it was well beyond the outer limits of what investors had ever paid for a publishing company of Wired's size — never mind one whose operations were on track to lose $ 11 million that year (not even counting a onetime $ 20.5 - million write - off to put the company's disparate assets under one corporate umbrella).
Simultaneously, the Company has increased revenue, eliminated billions of dollars in costs, delivered the largest operating income of the last 10 years and once again generated free cash flow.
We have created hundreds of billions of dollars of shareholder value over the last 30 years by convincing boards and CEOs to take the steps necessary to greatly increase the value of their companies.
Within five years, his new company captured a significant share of the global market and now has a value of over a billion dollars.
We also expect SolarCity to immediately account for 40 % of the assets of the combined company on a historical cost basis, to contribute $ 1 + billion in revenue in 2017, and to add more than half a billion dollars in cash to Tesla's balance sheet over the next 3 years.
Europe's technology sector has made «a lot of progress» in the last five years, says Clif Marriott of the Technology, Media and Telecom group in Goldman Sachs» Investment Banking Division, evidenced by the increasing number of unicorns — private companies valued at over one billion dollars — in the European tech scene, the homecoming of the continent's top talent and the high number of successful IPOs of European companies.
Founder of Evernote Phil Libin has seen his company skyrocket to a billion dollar company in six short years, ballooning its headcount from 45 people in 2010 to pushing 400 just three years later.
But six years into the current expansion, a growing chorus of critics argues that the ability of HP and companies like it to respond to those shifts is being hindered by billions of dollars in buybacks.
At stake is the reputation of these companies» network infrastructure, on which billions of dollars are invested each year.
After years of working with entrepreneurs at accelerators where the goal was always to build a billion - dollar company, Saunders noticed that fewer than 20 percent of accepted participants were women.
The group loses tens of millions of dollars a year — but it does not matter much because the terminal business that is the heart and soul of the company generates about 85 percent of the company's estimated $ 9 billion a year in revenue, and it is phenomenally profitable.
But, he added: «We need companies that are profitable and making billions of dollars every year to help with the folks that are being forced out of housing and ending up on the street.»
Consider how much easier it is to double a start - up company's profits from $ 1,000,000 to $ 2,000,000 in a year's time than to double the net income of a business with annual earnings of 15 billion dollars.
There were 30,000 companies in the laundry and dry cleaning business that brought in about 10 billion dollars in revenue last year, 70 % of which were retail laundry and dry cleaning operations, and 30 % of which were coin - operated laundry locations.
First, it was that the company paid little to no state and local government taxes and then it was that the e-commerce company was a «scam» which costs the US Post Office and therefore the American people, billions of dollars a year.
During the first quarter, for example, the company generated 1.3 billion Canadian dollars ($ 1 billion) of cash flow from operations, which was up from just CA$ 373 million ($ 288 million) in the year - ago period.
Twitter's successful debut is likely to stoke interest in other up - and - coming consumer Internet companies such as ride service Uber, scrapbooking site Pinterest, accommodation service Airbnb and the payment start - up Square, all of which boast private - market valuations well north of a billion dollars and could go public in the coming years.
For instance, there were 30,000 companies in the laundry and dry cleaning business that brought in about 10 billion dollars in revenue last year, 70 percent of which were retail laundry and dry cleaning operations, and 30 % of which were coin - operated laundry locations.
The idea of customer relationship management, or CRM, has been around for years and companies such as Salesforce have built billion - dollar businesses around managing the direct...
When Bay Street financier Michael Tait met the 37 - year - old Mr. Green last year, «he said, «We are a bunch of money away from [being] a billion - dollar company,»» Mr. Tait said.
 Almost a quarter of that was the auto aid. It was important for preserving jobs, for sure. But does it count as «stimulus,» in the sense of stimulating expenditure? I don't think so. It was more in the realm of a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof that was the auto aid. It was important for preserving jobs, for sure. But does it count as «stimulus,» in the sense of stimulating expenditure? I don't think so. It was more in the realm of a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof stimulating expenditure? I don't think so. It was more in the realm of a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsOf course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffs).
Lower dairy prices represented a mixed blessing, reducing ingredient costs for consumer products but also weighing heavily on the company's farmer - shareholders whose collective incomes have been slashed by billions of dollars in the last two years.
Revenue in the six months ended December 31 slipped to $ NZ4.273 billion ($ 3.92 billion) from $ NZ4.38 billion in the year - earlier period as the strength of the New Zealand dollar outweighed underlying revenue gains, the company said in a statement to the Australian stock exchange.
The company met the Billion Dollar Challenge in fiscal year 2007, announcing this achievement in the fourth quarter of 2007 and year - end earnings releases.
I have spent the last 12 years of my life in the health and fitness industries, whether it was playing professional sports in the NFL, being a professional trainer, owning and operating a gym or consulting for billion dollar companies in health and ergonomics.
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