Financial news on June 06, 2016

Business and Financial news
David Lamb, Author and War Correspondent in Vietnam, Dies at 76

David S Lamb, foreign correspondent for Los Angeles Times who wrote critically acclaimed books about Africa and Arab world, dies at age 76. Read more..

By SAM ROBERTS - The New York Times

For Driverless Cars, Citylike Test Sites Offer the Unpredictable

Car makers are setting up test sites, made to resemble typical American road infrastructure, to secretly perfect self-driving vehicle technology away from competitors, detractors and media. Read more..

By NEAL E. BOUDETTE - The New York Times

Negotiating Tariffs With China as Britain Considers Surveillance Laws

John Kerry is to lead economic talks in Beijing, while legislation in Britain could force tech companies to share encrypted messages with the government. Read more..

By THE NEW YORK TIMES - The New York Times

Prevention Magazine Will Become Ad-Free

Health and wellness magazine Prevention announces it will become ad-free starting with July issue; publisher Rodale says change will raise subscription rate, but will reduce its operating expenses by more than 50 percent. Read more..

By SYDNEY EMBER - The New York Times

Researchers Uncover a Flaw in Europe’s Tough Privacy Rules

Bits blog; latest research by computer scientists reveals flaw in Europe's so-called right to be forgotten law, which gives individuals right to be removed from from online searches, casting doubts on law's success. Read more..

By MARK SCOTT - The New York Times

The Trump Show, a Hit for Now, Faces a Test in the Fall

Jim Rutenberg Mediator column contends Donald J Trump's presidential campaign, which has dominated ratings and attention throughout new-media landscape, is in fact media campaign that should be called Trump Productions Inc, rather than being labeled presidential; wonders whether efficacy of campaign will continue as presidential election nears, or if Trump's approach will end up serving Hillary Rodham Clinton well. Read more..

By JIM RUTENBERG - The New York Times

The U.S. Is Failing in Infant Mortality, Starting at One Month Old

The United States does worse than about two dozen other industrialized nations in this crucial measure of public health. Read more..

By AARON E. CARROLL - The New York Times

Why the Economic Payoff From Technology Is So Elusive

McKinsey & Co study finds advance of digital technology has had lackluster effect upon economy, with prolonged slow growth and productivity remaining slack; finds only 18 percent of economy is realizing its digital potential by becoming more productive and profitable as result of technological innnovations; government has spent billions of dollars in subsidies to bring medicine into digital age, to seemingly little avail. Read more..

By STEVE LOHR - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE30.0030.2329.9530.1218.7M
AT&T Inc.T39.2239.4839.1839.3416.7M
Cisco SystemsCSCO29.0729.4129.0629.1016.2M
Oracle Corp.ORCL39.1939.6439.1239.4416.1M
Wells Fargo & Co.WFC50.2450.8750.1950.4914.5M
JPMorgan ChaseJPM64.6465.7664.6065.2813.2M
General MotorsGM29.8530.0429.7229.9911M
Verizon CommunicationsVZ51.0651.0950.6550.7110.1M
Bristol-Myers SquibbBMY73.4275.1273.4174.299.6M
Abbott LaboratoriesABT39.2539.3839.0539.179.16M
Wal-Mart StoresWMT71.5271.5571.0071.059.02M
HP Inc.HPQ13.4313.7013.4313.678.69M
Gilead SciencesGILD86.1787.8786.1087.608.6M
Home DepotHD130.82130.87128.47129.198.05M
Johnson & JohnsonJNJ114.97116.00114.93115.776.35M
Procter & GamblePG82.4082.8382.2382.775.29M
Walt Disney & Co.DIS98.9699.1298.4798.784.99M
Union PacificUNP86.4287.1485.9386.854.36M
United TechnologiesUTX100.74101.57100.51101.363.77M
UnitedHealth GroupUNH136.92138.39136.51138.152.96M
Berkshire HathawayBRK.B141.62142.50141.39141.822.69M
International Business MachinesIBM153.09153.95152.34152.732.38M
Exchange Rates of June 06, 2016
CurrenciesExchange Rates
US DollarEuro1 USD = 0.880 EUR1 EUR = 1.136 USD
US DollarJapanese Yen1 USD = 107.529 JPY1 JPY = 0.009 USD
US DollarPound Sterling1 USD = 0.692 GBP1 GBP = 1.445 USD
US DollarAustralian Dollar1 USD = 1.357 AUD1 AUD = 0.737 USD
US DollarCanadian Dollar1 USD = 1.282 CAD1 CAD = 0.780 USD
US DollarSwiss Franc1 USD = 0.971 CHF1 CHF = 1.030 USD
US DollarChinese Yuan1 USD = 6.564 CNY1 CNY = 0.152 USD
US DollarMexican Peso1 USD = 18.673 MXN1 MXN = 0.054 USD
US DollarSwidish Krona1 USD = 8.127 SEK1 SEK = 0.123 USD
EuroJapanese Yen1 EUR = 122.095 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.785 GBP1 GBP = 1.273 EUR
EuroAustralian Dollar1 EUR = 1.541 AUD1 AUD = 0.649 EUR
EuroCanadian Dollar1 EUR = 1.456 CAD1 CAD = 0.687 EUR
EuroSwiss Franc1 EUR = 1.102 CHF1 CHF = 0.907 EUR
EuroChinese Yuan1 EUR = 7.453 CNY1 CNY = 0.134 EUR
EuroMexican Peso1 EUR = 21.202 MXN1 MXN = 0.047 EUR
EuroSwidish Krona1 EUR = 9.228 SEK1 SEK = 0.108 EUR
Japanese YenPound Sterling1 JPY = 0.006 GBP1 GBP = 156.250 JPY
Japanese YenAustralian Dollar1 JPY = 0.013 AUD1 AUD = 79.365 JPY
Japanese YenCanadian Dollar1 JPY = 0.012 CAD1 CAD = 84.034 JPY
Japanese YenSwiss Franc1 JPY = 0.009 CHF1 CHF = 111.111 JPY
Japanese YenChinese Yuan1 JPY = 0.061 CNY1 CNY = 16.393 JPY
Japanese YenMexican Peso1 JPY = 0.174 MXN1 MXN = 5.760 JPY
Japanese YenSwidish Krona1 JPY = 0.076 SEK1 SEK = 13.245 JPY
Pound SterlingAustralian Dollar1 GBP = 1.961 AUD1 AUD = 0.510 GBP
Pound SterlingCanadian Dollar1 GBP = 1.853 CAD1 CAD = 0.540 GBP
Pound SterlingSwiss Franc1 GBP = 1.403 CHF1 CHF = 0.713 GBP
Pound SterlingChinese Yuan1 GBP = 9.487 CNY1 CNY = 0.105 GBP
Pound SterlingMexican Peso1 GBP = 26.989 MXN1 MXN = 0.037 GBP
Pound SterlingSwidish Krona1 GBP = 11.746 SEK1 SEK = 0.085 GBP
Australian DollarCanadian Dollar1 AUD = 0.945 CAD1 CAD = 1.058 AUD
Australian DollarSwiss Franc1 AUD = 0.715 CHF1 CHF = 1.398 AUD
Australian DollarChinese Yuan1 AUD = 4.838 CNY1 CNY = 0.207 AUD
Australian DollarMexican Peso1 AUD = 13.761 MXN1 MXN = 0.073 AUD
Australian DollarSwidish Krona1 AUD = 5.989 SEK1 SEK = 0.167 AUD
Canadian DollarSwiss Franc1 CAD = 0.757 CHF1 CHF = 1.321 CAD
Canadian DollarChinese Yuan1 CAD = 5.120 CNY1 CNY = 0.195 CAD
Canadian DollarMexican Peso1 CAD = 14.565 MXN1 MXN = 0.069 CAD
Canadian DollarSwidish Krona1 CAD = 6.337 SEK1 SEK = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.763 CNY1 CNY = 0.148 CHF
Swiss FrancMexican Peso1 CHF = 19.236 MXN1 MXN = 0.052 CHF
Swiss FrancSwidish Krona1 CHF = 8.370 SEK1 SEK = 0.119 CHF
Chinese YuanSwidish Krona1 CNY = 1.238 SEK1 SEK = 0.808 CNY

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