#BREAKING: We are getting a first look at what a new @DallasStars arena at the current Shops of Willow Bend could look like. These are just preliminary renderings provided at tonight’s meeting. So far the Plano city council have voted yes unanimously on all parts of this project so far. @CBSNewsTexas
🚨 SWIFT MOVES TO INTEGRATE CRYPTO RAILS FOR CROSS-BORDER PAYMENTS
More than 50 major banks are set to implement new blockchain-based payment rails for international transfers under a SWIFT-linked initiative.
Early participants reportedly include major global lenders such as Bank of America, JPMorgan, Deutsche Bank, Bank of China, and SBI, with some expected to begin processing by June.
SWIFT currently handles over $150 trillion in annual global payments, making the shift a major development in cross-border finance infrastructure.
Trevor Lawrence and WR Brian Thomas Jr. have been working to improve their chemistry this offseason and "it's starting to pay off."
Lawrence said the two of them are "clicking more and more every day."
(via @Jaguars)
JPMorgan hired four autistic employees in 2015 as a small test. Six months later, those four were 48% faster than colleagues who'd been doing the same job for three to ten years. In some roles, they were 90 to 140% more productive.
That small test grew into a global program. Today JPMorgan's autism hiring program spans 10 countries and over 70 different job types, with hundreds of people hired through it and 99% staying long-term. Other companies have been doing the same thing, some for longer.
SAP (the German business software giant) started even earlier, back in 2013. They now have 215 autistic employees across 15 countries. One of them rebuilt how the company processes its giant credit card statements (think American Express, 20,000 line items per bill). What used to take 2 or 3 days now takes 20 minutes. 94% of these hires stay.
EY (the consulting giant) started its own program in 2016, focused on automation and data analysis. The team has grown to over 500 people across 23 offices in 10 countries. EY says the tools they've built have saved or made the company close to $1 billion. 92% retention.
Hewlett Packard tried the same idea in Australia, on software testing teams. Same result: 30% more productive than the rest. Microsoft, 10 years into its own program, reports the same kind of gains across its teams.
There's a biological reason. Harvard Business Review and JPMorgan's internal data both point to it. Autistic brains tend to use more of their processing power for visual analysis and pattern recognition. Picture spotting one small bug buried inside millions of lines of code. Less mental energy goes to social cues and impulse control. Add hyperfocus, the ability to lock onto one task for hours without losing attention, and you get a brain built for software, fraud detection, and AI.
85% of autistic adults with college degrees can't find a job. The general US rate is 4.3%. A huge pool of qualified people sitting unemployed, while the handful of companies that figured out how to hire them are getting double-digit productivity gains.
Palantir's new fellowship lands right in that gap. Pay: $110K to $200K plus stock. Over 2,000 applications came in for the first round, and CEO Alex Karp does the final interviews himself. No formal diagnosis required. Karp's own words: "the neurally divergent (like myself) will disproportionately shape America's future."
Reads like marketing copy. 10 years of data from SAP, JPMorgan, Microsoft, EY, and HPE suggest the bigger story is hiring strategy.