Financial news on February 14, 2015
Business and Financial news
ArcelorMittal reports fourth-quarter loss of $955 million, as well as 5 percent decline in earnings to $1.8 billion, underscoring slumping steel and iron ore market; at same time,ThyssenKrupp reports profit of 43 million euros, or about $48.8 million, for same quarter. Read more..
Banana Republic is set to make its New York Fashion Week debut, due in large part to oversight of designer Marissa Webb, who brings a fresh look to brand. Read more..
Ann Carrns Your Money Adviser column cautions window for enrolling in Affordable Care Act's health insurance is closing; notes that as deadline nears, traffic on government website Healthcare.gov is increasing; warns remaining without coverage will most likely result in penalty. Read more..
Toymakers prepare to show their latest offerings at Toy Fair 2015 in New York; most popular toys are those based on blockbuster Hollywood films, and upcoming movies with toy tie-ins include Jurassic World, Cinderella and Avengers: Age of Ultron; industry insiders admit in a season packed with action movies, it can be difficult to make certain new toys stand out. Read more..
Pres Obama signs executive order urging private sector companies to cooperate with federal government in sharing data on cyberthreats, in industry Obama refers to as 'Wild Wild West'; order does not exempt companies from liability if shared data leads to legal action, something only legislation can do; Obama speaks to cybersecurity leaders at summit meeting at Stanford University. Read more..
Global oil prices rise above $60 a barrel after traders bid up on encouraging reports of Europe's economy; experts warn that growing stockpiles, due to excess of up to two million barrels being stored per day, could force prices back down. Read more..
Retiring column; nonprofit Encore.org bestows Purpose Prize fellowships on retirees Gloria Carter Dickerson, Peter Rosten and Josephine Mercado, who have all dedicated their later years to community service. Read more..
Ellen Leuschner and Jeff Chen entertain us and then split. Read more..
Paul Sullivan Wealth Matters column highlights job requirements of yacht charter brokers, who connect vacationers with right-sized yacht, crew, itinerary and owner's agents; observes while chartering a yacht can be costly, many are willing to pay the price for luxury. Read more..
A breath of fresh air, with Will Shortz’s Spiral puzzle. Read more..
Exchange Rates of February 14, 2015
|US Dollar||Euro||1 USD = 0,878 EUR||1 EUR = 1,138 USD|
|US Dollar||Pound Sterling||1 USD = 0,649 GBP||1 GBP = 1,541 USD|
|US Dollar||Australian Dollar||1 USD = 1,285 AUD||1 AUD = 0,778 USD|
|US Dollar||Canadian Dollar||1 USD = 1,245 CAD||1 CAD = 0,803 USD|
|US Dollar||Swiss Franc||1 USD = 0,932 CHF||1 CHF = 1,073 USD|
|US Dollar||Mexican Peso||1 USD = 14,866 MXN||1 MXN = 0,067 USD|
|Euro||Japanese Yen||1 EUR = 135,190 JPY||1 JPY = 0,007 EUR|
|Euro||Pound Sterling||1 EUR = 0,740 GBP||1 GBP = 1,352 EUR|
|Euro||Australian Dollar||1 EUR = 1,463 AUD||1 AUD = 0,683 EUR|
|Euro||Canadian Dollar||1 EUR = 1,415 CAD||1 CAD = 0,707 EUR|
|Euro||Swiss Franc||1 EUR = 1,062 CHF||1 CHF = 0,941 EUR|
|Euro||Mexican Peso||1 EUR = 16,941 MXN||1 MXN = 0,059 EUR|
|Euro||Swidish Krona||1 EUR = 9,572 SEK||1 SEK = 0,104 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0,006 GBP||1 GBP = 181,818 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 0,011 AUD||1 AUD = 92,593 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 0,011 CAD||1 CAD = 95,238 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 0,008 CHF||1 CHF = 128,205 JPY|
|Japanese Yen||Mexican Peso||1 JPY = 0,125 MXN||1 MXN = 7,981 JPY|
|Japanese Yen||Swidish Krona||1 JPY = 0,070 SEK||1 SEK = 14,225 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 1,980 AUD||1 AUD = 0,505 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1,916 CAD||1 CAD = 0,522 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 1,435 CHF||1 CHF = 0,697 GBP|
|Pound Sterling||Mexican Peso||1 GBP = 22,921 MXN||1 MXN = 0,044 GBP|
|Pound Sterling||Swidish Krona||1 GBP = 12,952 SEK||1 SEK = 0,077 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0,966 CAD||1 CAD = 1,035 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0,718 CHF||1 CHF = 1,392 AUD|
|Australian Dollar||Mexican Peso||1 AUD = 11,572 MXN||1 MXN = 0,086 AUD|
|Australian Dollar||Swidish Krona||1 AUD = 6,529 SEK||1 SEK = 0,153 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 0,748 CHF||1 CHF = 1,337 CAD|
|Canadian Dollar||Mexican Peso||1 CAD = 11,961 MXN||1 MXN = 0,084 CAD|
|Canadian Dollar||Swidish Krona||1 CAD = 6,760 SEK||1 SEK = 0,148 CAD|
|Swiss Franc||Mexican Peso||1 CHF = 15,967 MXN||1 MXN = 0,063 CHF|
|Swiss Franc||Swidish Krona||1 CHF = 9,010 SEK||1 SEK = 0,111 CHF|