Word: overnighting
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...YORK: Bad news from the tech sector, strong labor demand and overnight weakness in the Japanese stock market joined forces to cause a sharp sell-off in early trading in U.S. markets Friday. The Dow Jones Industrial Average plunged 180 points in early morning trading. By close of play, it had recovered to a 103 point loss ? but investors' nerves were clearly frayed...
...devaluation, can stand its ground. Hong Kong chief executive C.H. Tung said his government would do everything in its power, including spending down some of its reserves, to guard the exchange rate. To discourage borrowing by speculators, the Hong Kong Monetary Authority drained liquidity from the economy, which drove overnight bank interest rates as high as 300% last week. The banks then raised the prime rate from...
...manager of a Harvard Square business reported the theft of the previous day's receipts which had been placed in a safe overnight. An ex-employee is a suspect in the case...
...played kick the can with the big "Project Blue" global campaign that Pepsi launched last year, grabbing Pepsi strongholds like Russia and India. Goizueta orchestrated one of the cola war's most outrageous raids--buying half of Pepsi's Venezuelan bottler and grabbing a dominant market share almost overnight. "The conclusion is obvious," he told TIME shortly afterward. "Our system has terrific momentum...
...School problems are many-layered and many-faceted, and we're not going to make a difference overnight, "Comer said, while describing the conclusions of his recent book, Waiting for a Miracle: Why Schools Can't Solve Our Problems...