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In this article Representatives of several venture capital firms that were listed as small-business bailout recipients in federal data Monday say they didn’t apply for the program or get any of its funding. Andreessen Horowitz, Index Ventures, Foundation Capital and Advent Capital Management are among the firms saying they didn’t seek Paycheck Protection Program loans, despite data released Monday showing […]
Read moreU.S. stocks jumped on Monday despite coronavirus cases surging across several states. Four Wall Street economists and strategists lay out what's next for the U.S. economy and stock market. Jeff Saut, chief investment strategist at Capital Wealth Planning, sees a lot of investors still on the sidelines. "The economy is doing a lot better than most of the economists think. I […]
Read moreWhen you buy through our links, we may earn money from our affiliate partners. Learn more. As states begin reopening following lockdowns due to the novel coronavirus, many summer travelers are looking for beach escapes within driving distance. For East Coasters, Cape Cod is an appealing coastal getaway just one hour from Boston and four hours from New York. Private […]
Read moreThe government released data on the biggest firms that took PPP loans on Monday. That list includes a number of wealth management firms around the country. The revelation comes as many have asked, "Should they or shouldn't they?" when it comes to the firms' eligibility for that money. The government's release of data on businesses that have participated in the […]
Read moreWhen you buy through our links, we may earn money from our affiliate partners. Learn more. ReserveBar is an online luxury spirit and wine store that specializes in rare bottles, gift sets, and fine drinkware. You're probably not going to want to shop here for your everyday beer or bottle of table wine (you can buy those things at more […]
Read moreThe stock of Chicken Soup for the Soul Entertainment surged more than 20% in mid-day trading Monday following the company’s release of chart-topping film The Outpost over the weekend. Rod Lurie’s Afghanistan war thriller, which Deadline’s Pete Hammond lauded as the equal of modern classics like Dunkirk or The Hurt Locker, was the No. 1 movie on iTunes on its […]
Read moreFinancial analyst Gary Shilling said stocks could tumble as the economic recovery from the coronavirus recession takes longer than expected. "I think we've got a second leg down and that's very much reminiscent of what happened in the 1930s where people appreciate the depth of this recession and the disruption and how long it's going to take to recover," he […]
Read moreUS stocks jumped on Monday following a rally in China after an editorial in a state-run newspaper encouraged people to buy stocks to support the recovery from the coronavirus crisis. The gains followed a strong June jobs report last week that said American businesses added 4.8 million payrolls last month, handily beating expectations of a 3 million increase. Warren Buffett’s […]
Read moreInsurance firm Aviva has appointed Amanda Blanc as its chief executive, replacing Maurice Tulloch, who has stepped down to support his family cope with a serious health crisis. Blanc, who has held several senior positions in the insurance industry, indicated she would slim down Aviva’s portfolio of businesses to rebuild the company into “the leader in our industry again”. Her […]
Read moreMany companies need to reimagine their sales efforts amid the pandemic. Face-to-face interactions are a mainstay of many industries in which there is often a costly and lengthy selling process. So far, the market has not punished stocks with high sales and marketing expenses. What seemed like a few decades ago, I mean in February, people used to occasionally ask […]
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