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FRISCO, Texas — As Thursday night bled into Friday morning in April 2021 during the NFL draft, Dallas Cowboys team owner Jerry Jones repeated: “Pressure, pressure, pressure.” The Cowboys were mere hours removed from selecting Penn State linebacker Micah Parsons with the 12th overall draft pick, a surprise decision. Drafting a cornerback or safety? That would have checked out for a franchise whose secondary had struggled mightily in recent years. Choosing a defensive end to wreck… Source link

U.S. stock futures sank Monday morning, with equities poised for more turbulence at open as fears of excessive Fed tightening and a wild run in currency markets rattle investors. Futures tied to the S&P 500 tumbled 0.6%, while Dow Jones Industrial futures shed 200 points, or 0.7%. Contracts on the tech-heavy Nasdaq were off by 0.4%. Meanwhile, the CBOE Volatility Index (^VIX), which measures Wall Street’s expectations for short-term market volatility, spiked above 32, its highest level… Source link

(Updates prices, adds comment) By Dhara Ranasinghe LONDON, Sept 26 (Reuters) – Sterling crashed to a record low early on Monday as traders rushed for the exits on mounting concern that the new government’s economic plan will stretch Britain’s finances to the limit. The British pound’s searing drop helped lift the safe-haven U.S. dollar to a new two-decade peak against a basket of major currencies, while the euro hit a fresh two-decade low against the greenback. In Japan, authorities reiterated… Source link

(Bloomberg) — Asian markets risk a reprise of crisis-level stress as two of the region’s most important currencies crumble under the onslaught of relentless dollar strength. Most Read from Bloomberg The yuan and yen are both tumbling due to the growing disparity between an uber-hawkish Federal Reserve and dovish policy makers in China and Japan. While other Asian nations are digging deep into foreign-exchange reserves to mitigate the dollar’s damage, the yuan and yen’s slump is making… Source link

Between countless apps and communication channels, the digital workplace is not always easy to navigate, and it may be costing companies millions.  According to software company Salesforce, 86% of executives and employees point to ineffective collaboration and communication as the main causes behind workplace failures. In fact, poor communication costs big employers with 100,000 employees $62.4 million a year in job errors and productivity loss. But in an era of remote work, where… Source link

Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 26 (Reuters) – Alphabet (GOOGL.O) unit Google on Monday rebuffed a push by European telecoms operators to get Big Tech to help fund network costs, saying it was a 10-year-old idea that was bad for consumers and that the company was already investing millions in internet infrastructure. The comments by Matt Brittin, president of EMEA business & operations at Google, come as the European Commission said it would seek… Source link

(Bloomberg) — A former hedge fund manager who shot to fame for a $2.7 billion volatility trading gain during the global financial crisis is buying the pound on a day when the currency slumped to an all-time low. Most Read from Bloomberg Stephen Diggle on Monday used 10% of the assets of a “small fund” to buy sterling to finance investments in the UK, especially stocks of companies that have earnings in the greenback but costs in the British currency, he said in an email. He didn’t… Source link

GlobeNewswire Medical Coatings Market to Reach USD 8.20 Billion by 2029 | Exhibit CAGR of 9.8% (2022-2029) Companies covered in medical coatings market are Hydromer (U.S.), Harland Medical Systems, Inc. (U.S.), SURMODICS (U.S.), DSM (Netherlands), AST Products, Inc. (U.S.), Biocoat Incorporated (U.S.), Precision Coating Company, Inc. (U.S.), Medicoat AG (Switzerland), Merit Medical Systems, Inc. (U.S.), Specialty Coating Systems Inc. (U.S.), and Other Key Players.Pune, India, Sept. 26, 2022… Source link

The Finnish authorities, acting on EU sanctions levied against Russian oligarchs and friends of the Kremlin in June, have seized the assets in Finland of Russian billionaire and Maltese-citizen-since-2016 Arkady Volozh. The Finns were acting on EU sanctions against Yandex founder Arkady Volozh, who acquired Maltese citizenship in 2016 through the highly contentious Individual Investor Programme, known as the cash-for-passport scheme. The Maltese-Russian… Source link