Month: May 2020

Angel investors sound like mythical creatures. But they’re more common than we think. And they can be the difference between success and failure for startup companies.
In this article, we’ll answer the question, what is an angel investor? Also, how they can help and what they look for in an investment. Let’s get started…
What is an Angel Investor?

Some people believe the term angel investor comes from Broadway. When producers needed funding, they might turn to the wealthy folk in uptown. To this day, angel investors look for opportunities in theatre.
But angel investing doesn’t only apply to Broadway. Now, business angel is …read more […]

Cosmetics companies dealing with the fallout from the closure of department stores, airport duty free shops and beauty parlours due to COVID-19 led lockdowns have been ramping up their online business. Estee Lauder too has been tapping in on its massive online presence and saw a double-digit rise in global online sales as more consumers flocked to websites. …read more […]

Earnings at Chevron were $3.6 billion in the quarter, up 38% from $2.6 billion during the same period last year and boosted by $1.6 billion in asset sales in the Philippines and Azerbaijan. Total revenue and other income fell more than 10% to $31.50 billion in the quarter. …read more […]

The U.S. government’s $660 billion small business rescue program has stumbled on missing paperwork, technology failure, and the misdirection of funds to big corporations. The second round of the Small Business Administration’s Paycheck Protection Program launched on Monday, allowing lenders to issue forgivable, government-guaranteed loans to small businesses shuttered by the novel coronavirus outbreak. Smoothing the forgiveness process is critical for the program to succeed, but a lack of government guidance on the related calculations and necessary documentation could land borrowers and banks alike with billions in unexpected debts. …read more […]

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As some U.S. states lift stay-at-home orders, investors and park fans are watching to see how Walt Disney Co — which makes a third of its revenue from parks, experiences and products — reimagines the “happiest place on earth” for a world altered by the coronavirus. “This is the greatest challenge that the industry has ever faced,” said Phil Hettema, founder of The Hettema Group, which designs theme park rides and other experiences. Disney, which has not announced any plans to reopen the parks, declined to comment for this story. …read more […]

Top news and what to watch in the markets on Friday, May 1, 2020. …read more […]

COVID-19 has killed over 230,000 people. It has ravaged the world economy. People are staying home. And they are losing their jobs. So why is the stock market going up?
Why the stock market moves in general is complicated. But it also comes down fundamentals: supply and demand. The more people want to buy stocks, the more their prices will shift upwards. And vice-versa.
People only buy stocks when they believe that the potential reward is worth the risk. So when they buy stocks, they are optimistic that they will see prices rise over their holding period.
With all of the damage to …read more […]

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