In times of crisis, companies and management tend to be judged by metrics other than the normal key performance indicators.

A case in point is Quixant, which makes hardware, software and display technologies used predominantly by the gaming, broadcast and healthcare sectors.

Its recent interims, hailed by ‘house’ broker, finnCap, as ‘beating the odds’, revealed how management, led by Jon Jayal, was able to navigate some potentially treacherous markets as coronavirus began its deadly global spread in early 2020.

What stood out was not the modest loss, but Quixant’s ability to manage its financial reserves, which were $17.4million as at September 28, 2020, up from just over $16million at the end of last year. It also has $12.4million of undrawn borrowing facilities.

Revenues for the gaming operation halved as casinos from Macau to Vegas shuttered

Revenues for the gaming operation halved as casinos from Macau to Vegas shuttered 

Cash is king when you are being buffeted by the extraordinary economic turbulence caused by

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Sorry, Devils fans. Hate to be the bearer of disappointing news if you’ve been waiting for general manager Tom Fitzgerald to make a big free-agent splash to speed up a franchise rebuild.

Not happening.

Not this year.

And maybe not next year.

Fitzgerald made that crystal clear in a Sunday morning Zoom call.

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The Devils have a plan to go for it once young centers Nico Hischier and Jack Hughes reach their prime, but not before even though they still are under $18.35 million under next season’s $81.5 million salary cap following three significant weekend acquisitions – defenseman Ryan Murray (4.6M) and left wing Andreas Johnsson ($3.4M) via trades, and goalie Corey Crawford ($3.9M) in a free agent signing

Those additions strengthen the Devils’ depth chart a lot –Murray is

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NRL views small dollar short-term lenders as predatory institutions whose sole purpose is to keep their customers in an endless cycle of debt. They like to mislead the public by pointing to high Annual Percentage Rates (APR) — which are simply the rate of interest a borrower will pay over the course of a year due to compounding — as their evidence.

For example, NRL claims that “Payday lenders prey on vulnerable Nebraska families, taking advantage of them by charging interest rates that average 404% annual interest — and in some cases go as high as 461%. Marketed as a short-term fix, the terms are designed to trap borrowers in a cycle of loans that cause long-term debt.”

The APR represents the actual rate of interest someone pays over the course of a year due to compounding, the process whereby interest is added to unpaid principal. Shortterm loans act as

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Woodward said during his discussions with Trump, Trump consistently emphasized that Biden is impaired and has slowed down. Woodward agreed, in part.

 “He has slowed down a little bit. He’s hesitant on some things,” Woodward said. Conversely, “Trump just goes right to the throat.”

When asked about similarities and differences between President Richard Nixon and Trump and the impeachment proceedings earlier in the year, Woodward was unequivocal: “Nixon was a criminal and a proven criminal. No one has pinned a crime on Trump.”

A big difference, Woodward said, was the component of premeditation.

“A crime, as we know, required premeditation almost always. Particularly political crimes, you have to plot. Trump doesn’t plot. He doesn’t premeditate. It’s all the impulse,” he said.

When Robert Mueller began his special investigation, Woodward said he was pretty confident there would be no smoking gun because “Trump doesn’t think or act that way.”

When it

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NRL views small dollar short-term lenders as predatory institutions whose sole purpose is to keep their customers in an endless cycle of debt. They like to mislead the public by pointing to high Annual Percentage Rates (APR) — which are simply the rate of interest a borrower will pay over the course of a year due to compounding — as their evidence.

For example, NRL claims that “Payday lenders prey on vulnerable Nebraska families, taking advantage of them by charging interest rates that average 404% annual interest — and in some cases go as high as 461%. Marketed as a short-term fix, the terms are designed to trap borrowers in a cycle of loans that cause long-term debt.”

The APR represents the actual rate of interest someone pays over the course of a year due to compounding, the process whereby interest is added to unpaid principal. Short-term loans act as

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Twice over the past two weeks, ExxonMobil
XOM
has made headlines for all the wrong reasons.

Last week the utility NextEra Energy
NEE
surpassed the market capitalization of ExxonMobil to replace it as the largest U.S. energy company.

This week, there was another milestone. At some points over the past decade, ExxonMobil — the biggest of “Big Oil” in the U.S. — was worth as much as $225 billion more than Chevron
CVX
. That size advantage totally disappeared on October 8, 2020, when Chevron’s value closed the day higher than ExxonMobil’s.

If you look at the chart,

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While investors may like the safety and security of large caps, particularly in today’s uncertain market environment with Covid-19 and a forthcoming presidential election, small caps are starting to show signs of life. What exactly is causing small cap ETFs to heat up right?

“Wall Street has been experiencing a roller-coaster ride over the past few weeks as election uncertainty and lack of additional stimulus continue to weigh on investor sentiments,” a Yahoo! Finance article noted. “Against this backdrop, small caps are clearly outperforming. This is especially true, as the Russell 2000 Index has risen 11.4% over the past three months compared to gains of 6.9% for the S&P 500, 7.8% for the Nasdaq Composite Index and 7.3% for the Dow Jones.”

One of the reasons the article cited was growing optimism from investors.

“Though the latest economic data has been mixed, Americans have become optimistic about the economy with

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Gallery: Which government’s COVID support has been most generous? (Lovemoney)

Caps on excessive salaries should be introduced to save whole industries and redistribute wealth as coronavirus restrictions and changing habits cause large swathes of the economy to shut down, a progressive thinktank has urged.



a group of people standing in front of a sign: Photograph: Amer Ghazzal/REX/Shutterstock


© Provided by The Guardian
Photograph: Amer Ghazzal/REX/Shutterstock

In a landmark report, Autonomy highlighted the fact that incomes in the UK are the ninth most unequal of the 40 most developed countries, and called for the government to ensure existing resources were better managed to create a fairer economy amid growing poverty. The Bank of England predicts that unemployment will double to 2.5 million people by the end of this year.



a man holding a sign: Protesters supported by the PCS union demonstrate outside the Southbank Centre against job losses due to Covid-19.


© Photograph: Amer Ghazzal/REX/Shutterstock
Protesters supported by the PCS union demonstrate outside the Southbank Centre against job losses due to Covid-19.

A majority of the public – 54% – would support plans for a government-mandated

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Coworking0106MPKe-02152017144051 (copy)

Eugenia Podestá, senior director of economic empowerment and entrepreneurship at Vital Voices Global Partnership and co-owner of Synergy Coworking is seen here at Synergy Coworking in 2017. 




Ramon Ortiz, vice chair of the Latino Chamber of Commerce, said the pandemic has “peeled back the veneer of civilized society,” highlighting disparities across the country. In Wisconsin, where Hispanic and Asian or Asian American residents are among the fastest-growing populations, he said, those fighting for equality must understand the backdrop for their struggle. 

Wisconsin “has one of the greatest racial disparities between Black and white,” Ortiz said. “It has yet to even grapple with that, let alone try to address the complexity of Latinos and Asians within this new milieu of race and politics.”

[After paying off its mortgage, Mt. Zion partners to offer mental health services]



48 most powerful Latinos in Wisconsin (copy)

Ramon Ortiz, shown here in a 2016 file photo, is

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Oct 7 (Reuters)The Australian dollar has recouped some of Tuesday’s 1.1% losses that were largely driven by broad USD gains amid a rise in risk aversion, but was the dip a buying opportunity or more likely, the start of a deeper decline?

The risk selloff was prompted by President Trump’s decision to end coronavirus stimulus negotiations even as Federal Reserve Chairman Powell expressed fears of the economic recovery stalling .

There is every chance that the breakdown in negotiations will take time to be fully priced in, which will increase uncertainty, and should support the safe-haven USD, while the AUD was already heavy on market expectations that the RBA may ease policy in November .

AUD/USD is closer to the top of its 0.5510-0.7413 2020 range, as is the trade-weighted index =AUD at 61.10, in a 49.90-62.90 2020 range, so the AUD is strong at these levels.

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