Financial news on December 14, 2016

Business and Financial news
2016 in Review: The Year’s Best Apps

Kit Eaton App Smart column lists outstanding apps of 2016. Read more..

By KIT EATON - The New York Times

2 Former Drug Executives Charged With Price Fixing

Justice Department charges former Heritage Pharmaceuticals executives Jeffrey Glazer and his brother-in-law Jason Malek with conspiring to fix prices on generic drugs; says pair are part of broad anti-trust investigation into generic drug price fixing; two men are also accused of stealing tens of millions of dollars from their former employer through sham corporations. Read more..

By KATIE THOMAS - The New York Times

Biggest Tech Failures and Successes of 2016

From exploding smartphones and hoverboards to fake news on social media, many tech hardware, software and web products suffered embarrassing setbacks. But it was not all bleak. Read more..

By BRIAN X. CHEN - The New York Times

Daily Report: When Cars and Tech Repeatedly Collide

The government proposed rules requiring new cars and small trucks to transmit speed, location and direction data, and Alphabet is spinning off its self-driving project. Read more..

By PUI-WING TAM - The New York Times

For Trump’s Wealthy Cabinet, Prospect of a Sweet Tax Break

A tax provision allows incoming executive branch members to defer capital gains taxes on any divestments required under ethics rules. Read more..

By WILLIAM D. COHAN - The New York Times

How to Keep Your Office Holiday Party From Going Off the Rails

The office party can be a fun way for co-workers to get together to celebrate, an opportunity to introduce yourself to executives or a memorable event for all the wrong reasons. Read more..

By CHRISTOPHER MELE - The New York Times

Mario, Nintendo’s Mustachioed Gaming Legend, Arrives on iPhones

Nintendo releases version of its popular video game Super Mario Run for Apple iPhone and iPads, first time game developer has put out installment that runs on devices it did not make; market trackers say its $9.99 price may be tough sell. Read more..

By NICK WINGFIELD and VINDU GOEL - The New York Times

Tell Investors of Climate Risks, Energy Sector Is Urged

Coalition of bankers, regulators and company executives from across globe, commissioned by Group of 20, issues comprehensive guidelines calling on oil and gas companies to voluntarily measure and disclose predictions about effects of climate change on weather and sea levels; critics of guidelines say fluctuations in oil prices and unpredictability of regulatory responses make such assessments very risky. Read more..

By HIROKO TABUCHI - The New York Times

Twitter Has the Right to Suspend Donald Trump. But It Shouldn’t.

Farhad Manjoo State of the Art column notes Twitter has right to suspend account of Pres-elect Donald J Trump, given that he is using service to incite harassment, but cites reasons why social media platform should not. Read more..

By FARHAD MANJOO - The New York Times

Yahoo Says 1 Billion User Accounts Were Hacked

The company says the attack was separate from the breach that led to an earlier disclosure that 500 million accounts were hacked. Read more..

By VINDU GOEL and NICOLE PERLROTH - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 54,74 55,62 54,03 54,70 54.6M
General Electric GE 31,61 31,98 31,44 31,50 43.7M
Pfizer PFE 32,92 33,30 32,64 32,82 36.3M
Apple AAPL 115,04 116,20 114,98 115,19 34M
Intel INTC 36,70 36,89 36,46 36,55 30.8M
Microsoft MSFT 63,00 63,45 62,53 62,68 30.4M
Cisco Systems CSCO 30,60 31,07 30,41 30,46 27.6M
AT&T Inc. T 41,30 41,55 40,93 41,10 26.3M
Facebook FB 120,00 121,69 118,85 120,21 25.9M
Oracle Corp. ORCL 40,87 41,09 40,62 40,88 25.1M
JPMorgan Chase JPM 83,88 86,12 83,76 84,73 22.6M
Visa V 79,28 79,98 79,12 79,13 20.1M
Verizon Communications VZ 52,46 52,66 51,41 51,63 19.9M
General Motors GM 36,30 36,78 35,93 35,95 19.8M
Coca-Cola KO 41,89 41,99 41,06 41,21 17.9M
ExxonMobil XOM 92,26 92,27 90,17 90,58 16.3M
Bristol-Myers Squibb BMY 57,30 58,52 57,27 58,50 12.6M
Procter & Gamble PG 85,29 85,74 84,17 84,37 12.3M
Gilead Sciences GILD 74,86 76,32 74,86 75,71 11.8M
Abbott Laboratories ABT 39,42 39,79 38,67 38,82 11.3M
Merck MRK 61,85 62,76 61,59 61,80 11.1M
HP Inc. HPQ 15,77 15,90 15,53 15,61 10.6M
Comcast CMCSA 69,94 70,69 69,64 70,02 10.3M
Johnson & Johnson JNJ 116,12 117,30 114,58 114,99 9.38M
Wal-Mart Stores WMT 71,90 72,48 71,18 71,34 8.67M
ConocoPhillips COP 52,24 52,62 51,38 51,49 8.6M
Walt Disney & Co. DIS 103,62 104,41 103,50 104,05 7.96M
Chevron CVX 116,71 117,88 115,76 115,96 7.88M
Home Depot HD 136,05 136,88 135,75 135,98 7.03M
Altria MO 66,86 67,19 65,83 65,94 6.36M
Schlumberger SLB 85,53 86,46 84,81 85,16 5.86M
Amazon AMZN 778,25 780,86 762,81 768,82 5.45M
Pepsico PEP 105,88 106,53 104,21 104,47 5.01M
McDonald's MCD 122,87 123,40 122,39 122,84 4.97M
Berkshire Hathaway BRK.B 166,59 167,25 164,54 165,06 4.54M
International Business Machines IBM 168,37 169,89 167,45 168,51 4.12M
UnitedHealth Group UNH 161,14 161,80 158,72 159,86 3.89M
Boeing BA 156,23 156,37 154,18 154,47 3.64M
Union Pacific UNP 104,25 104,83 102,67 102,82 3.55M
Amgen AMGN 148,16 149,55 147,42 148,69 3.2M
United Technologies UTX 110,35 110,44 109,09 109,27 2.76M
3M MMM 179,16 179,39 176,41 176,60 2.23M
Alphabet GOOGL 815,92 824,26 812,78 817,89 1.8M
Exchange Rates of December 14, 2016
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0,950 EUR 1 EUR = 1,053 USD
US Dollar Japanese Yen 1 USD = 117,209 JPY 1 JPY = 0,009 USD
US Dollar Pound Sterling 1 USD = 0,797 GBP 1 GBP = 1,254 USD
US Dollar Australian Dollar 1 USD = 1,352 AUD 1 AUD = 0,740 USD
US Dollar Canadian Dollar 1 USD = 1,328 CAD 1 CAD = 0,753 USD
US Dollar Swiss Franc 1 USD = 1,021 CHF 1 CHF = 0,980 USD
US Dollar Chinese Yuan 1 USD = 6,902 CNY 1 CNY = 0,145 USD
US Dollar Mexican Peso 1 USD = 20,452 MXN 1 MXN = 0,049 USD
US Dollar Swidish Krona 1 USD = 9,259 SEK 1 SEK = 0,108 USD
Euro Japanese Yen 1 EUR = 123,413 JPY 1 JPY = 0,008 EUR
Euro Pound Sterling 1 EUR = 0,839 GBP 1 GBP = 1,191 EUR
Euro Australian Dollar 1 EUR = 1,423 AUD 1 AUD = 0,703 EUR
Euro Canadian Dollar 1 EUR = 1,398 CAD 1 CAD = 0,715 EUR
Euro Swiss Franc 1 EUR = 1,075 CHF 1 CHF = 0,931 EUR
Euro Chinese Yuan 1 EUR = 7,265 CNY 1 CNY = 0,138 EUR
Euro Mexican Peso 1 EUR = 21,536 MXN 1 MXN = 0,046 EUR
Euro Swidish Krona 1 EUR = 9,748 SEK 1 SEK = 0,103 EUR
Japanese Yen Pound Sterling 1 JPY = 0,007 GBP 1 GBP = 147,059 JPY
Japanese Yen Australian Dollar 1 JPY = 0,012 AUD 1 AUD = 86,957 JPY
Japanese Yen Canadian Dollar 1 JPY = 0,011 CAD 1 CAD = 88,496 JPY
Japanese Yen Swiss Franc 1 JPY = 0,009 CHF 1 CHF = 114,943 JPY
Japanese Yen Chinese Yuan 1 JPY = 0,059 CNY 1 CNY = 16,978 JPY
Japanese Yen Mexican Peso 1 JPY = 0,175 MXN 1 MXN = 5,727 JPY
Japanese Yen Swidish Krona 1 JPY = 0,079 SEK 1 SEK = 12,658 JPY
Pound Sterling Australian Dollar 1 GBP = 1,695 AUD 1 AUD = 0,590 GBP
Pound Sterling Canadian Dollar 1 GBP = 1,665 CAD 1 CAD = 0,601 GBP
Pound Sterling Swiss Franc 1 GBP = 1,280 CHF 1 CHF = 0,781 GBP
Pound Sterling Chinese Yuan 1 GBP = 8,660 CNY 1 CNY = 0,115 GBP
Pound Sterling Mexican Peso 1 GBP = 25,641 MXN 1 MXN = 0,039 GBP
Pound Sterling Swidish Krona 1 GBP = 11,603 SEK 1 SEK = 0,086 GBP
Australian Dollar Canadian Dollar 1 AUD = 0,982 CAD 1 CAD = 1,018 AUD
Australian Dollar Swiss Franc 1 AUD = 0,755 CHF 1 CHF = 1,324 AUD
Australian Dollar Chinese Yuan 1 AUD = 5,114 CNY 1 CNY = 0,196 AUD
Australian Dollar Mexican Peso 1 AUD = 15,145 MXN 1 MXN = 0,066 AUD
Australian Dollar Swidish Krona 1 AUD = 6,839 SEK 1 SEK = 0,146 AUD
Canadian Dollar Swiss Franc 1 CAD = 0,768 CHF 1 CHF = 1,302 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5,198 CNY 1 CNY = 0,192 CAD
Canadian Dollar Mexican Peso 1 CAD = 15,406 MXN 1 MXN = 0,065 CAD
Canadian Dollar Swidish Krona 1 CAD = 6,969 SEK 1 SEK = 0,143 CAD
Swiss Franc Chinese Yuan 1 CHF = 6,767 CNY 1 CNY = 0,148 CHF
Swiss Franc Mexican Peso 1 CHF = 20,056 MXN 1 MXN = 0,050 CHF
Swiss Franc Swidish Krona 1 CHF = 9,073 SEK 1 SEK = 0,110 CHF

See what else happened on December 14, 2016