conglomerate conglomerate  /kənɡ ˈlɑ mə rət/

Definition(s):

  1. (n) a composite rock made up of particles of varying size
  2. (n) a group of diverse companies under common ownership and run as a single organization
  3. (v) collect or gather
  4. (adj) composed of heterogeneous elements gathered into a mass

News

  1. Tom Cruise: Wal-Mart A ‘Role Model’ That ‘Improves Women’s Lives’

    He said what? Actor Tom Cruise has become an unlikely PR man for megastore conglomerate Wal-Mart, calling the company a “role model” and applauding it for “improving women’s lives.” Let’s reserve judgment until we understand exactly what he’s saying here. The actor raised a few eyebrows with a speech given at Wal-Mart’s shareholder meeting on Friday. ”I’ve [...] Tom Cruise: Wal-Mart A ‘Role ...
    on June 13, 2013     Source: The Inquisitr

  2. Apollo snaps up Cooper Tire in the latest bold US buy from an emerging-market firm

    One of the largest ever Indian acquisitions of a US company just took place, and it didn’t come from a huge conglomerate like Tata Group or Reliance Group. Instead, it’s Apollo Tyres, which bought the ...
    on June 13, 2013     Source: Quartz via Yahoo! Finance

  3. GE CFO Keith Sherin To Take Over As Chairman And CEO Of Finance Unit

    Diversified conglomerate General Electric Co. (GE) announced Wednesday the appointment of long time Chief Financial Officer Keith Sherin as the Chairman and CEO of its financial arm GE Capital, effective July 1, 2013. Sherin will succeed Mike Neal, who is retiring after 34 years with GE.
    on June 12, 2013     Source: RTT News

Quotes

  1. Scalia said "What would you have them erect?...... Some conglomerate of a cross, a Star of David, and you know, a Muslim half moon and star?"
    on Oct 7, 2009 By: Antonin Scalia Source: CBS News

  2. "It's a conglomerate of points that we sacrificed all year," Busch said. "It's unfortunate for the whole M&M's organization. Victoria Mars was here tonight hoping that we could make it into the Chase. Unfortunately, we weren't able to. We...
    on Sep 13, 2009 By: Kurt Busch Source: Motorsport.com

Word of the Day
cynic cynic
/ˈsɪ nɪk /