Financial news on November 10th, 2008

Business and Financial news
MGM to Post Full Films on YouTube

With advertising dollars flowing to Hulu, the popular online video hub, YouTube is playing catch-up. Read more..

By BRAD STONE and BROOKS BARNES - The New York Times

MSNBC’s Tag for Now: ‘The Power of Change’

A new commercial for the cable channel has stirred fresh complaints from the network’s critics. Read more..

By BRIAN STELTER - The New York Times

People and Accounts of Note

Webdenda. Read more..

By THE NEW YORK TIMES - The New York Times

Report Calls for Overhaul of Power Grid to Handle Sun and Wind Power

Adding electricity from renewable sources would impose new demands on a transmission system that was never designed for large power transfers over extremely long distances, an industry report says. Read more..

By MATTHEW L. WALD - The New York Times

Skipped Ads May Leave an Impression

Viewers watching commercials fast-forwarded with DVRs are still able to recall commercials that contained many frames featuring the brand’s name or logo in the center of the screen. Read more..

By ALEX MINDLIN - The New York Times

Some G.M. Retirees Are in a Health Care Squeeze

To conserve cash, General Motors will cut lifetime health care for management retirees at the end of this year. Read more..

By NICK BUNKLEY - The New York Times

Some Video Gamers Leery of Obama’s Views

Gamers are worried that the president-elect’s positions on video games may signal new regulations or restrictions on the industry. Read more..

By BRIAN STELTER - The New York Times

Turner Taps Former Executive to Put His Life Down on Paper

Though the brash media mogul first considered a big-time author, Ted Turner eventually turned to a former subordinate to c0-write his autobiography. Read more..

By TIM ARANGO - The New York Times

Updating a Reference Site on the Fly

While Wikipedia is modeled on an encyclopedia, the site comes to resemble a news site whenever news breaks. Read more..

By NOAM COHEN - The New York Times

‘Why Obama Can’t Win’ Author Defends Analysis

Many an author has come to incorrect conclusions, but only a few have had the courage to make a prediction in a title that could be directly contradicted. Read more..

By NOAM COHEN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE19.3419.3918.1018.4580.9M
Wells Fargo & Co.WFC29.9430.0328.0428.6280.7M
Cisco SystemsCSCO17.9517.9817.1017.5747.6M
JPMorgan ChaseJPM38.2838.4835.6536.4141.6M
Oracle Corp.ORCL17.8417.8417.3617.5624.8M
AT&T Inc.T27.7828.1026.9727.4724.6M
Wal-Mart StoresWMT55.1155.7354.3555.1818.2M
Walt Disney & Co.DIS23.9023.9021.6622.0816.4M
Procter & GamblePG65.4665.7864.0364.9516.2M
HP Inc.HPQ35.3235.7633.5634.1715.7M
Verizon CommunicationsVZ30.9431.1530.1330.4915.7M
Abbott LaboratoriesABT56.0056.8855.3055.3815.5M
Home DepotHD21.5321.7120.4620.7414.1M
Bristol-Myers SquibbBMY20.8721.2820.1620.3813.1M
Johnson & JohnsonJNJ61.0061.2559.5860.0112.8M
International Business MachinesIBM87.9988.1082.7483.879.69M
UnitedHealth GroupUNH22.5222.7321.0921.447.09M
United TechnologiesUTX53.0254.2451.4152.196.87M
Union PacificUNP63.0063.8461.2062.516.02M
Gilead SciencesGILD45.7145.7544.1844.845.83M
Berkshire HathawayBRK.B3651.003680.003520.003539.0038.9K
Exchange Rates of November 10th, 2008
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 97.980 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.194 CAD1 CAD = 0.837 USD
US DollarSwiss Franc1 USD = 1.179 CHF1 CHF = 0.848 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 124.880 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.816 GBP1 GBP = 1.225 EUR
EuroAustralian Dollar1 EUR = 1.903 AUD1 AUD = 0.525 EUR
EuroCanadian Dollar1 EUR = 1.522 CAD1 CAD = 0.657 EUR
EuroSwiss Franc1 EUR = 1.502 CHF1 CHF = 0.666 EUR
Japanese YenPound Sterling1 JPY = 0.653 GBP1 GBP = 1.531 JPY
Japanese YenAustralian Dollar1 JPY = 1.523 AUD1 AUD = 0.657 JPY
Japanese YenCanadian Dollar1 JPY = 1.218 CAD1 CAD = 0.821 JPY
Japanese YenSwiss Franc1 JPY = 1.203 CHF1 CHF = 0.832 JPY
Pound SterlingAustralian Dollar1 GBP = 2.330 AUD1 AUD = 0.429 GBP
Pound SterlingCanadian Dollar1 GBP = 1.864 CAD1 CAD = 0.537 GBP
Pound SterlingSwiss Franc1 GBP = 1.839 CHF1 CHF = 0.544 GBP
Pound SterlingChinese Yuan1 GBP = 10.653 CNY1 CNY = 0.094 GBP
Australian DollarCanadian Dollar1 AUD = 0.800 CAD1 CAD = 1.251 AUD
Australian DollarSwiss Franc1 AUD = 0.789 CHF1 CHF = 1.267 AUD
Australian DollarChinese Yuan1 AUD = 4.572 CNY1 CNY = 0.219 AUD
Canadian DollarSwiss Franc1 CAD = 0.987 CHF1 CHF = 1.014 CAD
Canadian DollarChinese Yuan1 CAD = 5.715 CNY1 CNY = 0.175 CAD
Swiss FrancChinese Yuan1 CHF = 5.791 CNY1 CNY = 0.173 CHF

See what else happened on November 10th, 2008