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Future Returns: A revenue-based strategy to promote diverse businesses

Entrepreneurs who build businesses in smaller cities and low-income communities often lack the personal credit profile or the resources to access the capital they need from banks and investment firms to grow their businesses. Revenue-based financing, in which investors provide capital in exchange for a percentage of the revenue, has become a solution advocated by …

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IAC slips as business slows at Angi and ad sales soften

IAC said second quarter financial results showed pressure on several key parts of its business. Leungphotography / Dreamstime Text size IAC equities were excluded from the broader market rally on Wednesday after the internet and media holding released its second quarter financial results that showed pressure on several key parts of its business. In particular, …

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AMC Entertainment plans the “APE” preferred stock dividend. Stocks slide after earnings.

Text size Investors will receive a preference share for each share of common stock they own. Jeenah Moon / Bloomberg AMC entertainment he is finally giving the “monkeys” what they want. The film company matched its second quarter earnings report with news that it is offering shareholders a special dividend from AMC Preferred Equity Units. …

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Teen Science Prodigy grew up to create a tool maker for biotechnology labs

As a teenager in Kannapolis, North Carolina, Roy T. Eddleman built a science lab in his family’s basement and was one of four high school students invited to submit award-winning papers at Duke University. His article was called “Quantitative and Qualitative Aspects of Plant Growth”. He later left the University of North Carolina at Chapel …

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