Financial news on April 16, 2016

Business and Financial news
A Little Variety

A place to discuss this week’s “A Little Variety” suite of puzzles. Read more..

By DEB AMLEN - The New York Times

As China’s Growth Slows, Banks Feel the Strain of Bad Debt

Chinese lenders feel rising pain from souring loans in troubled industries — even as they face pressure to keep local companies afloat. Read more..

By NEIL GOUGH - The New York Times

E.U. Offers to Loosen Restrictions on Iran Air

Europe sharply curtailed access to its airspace for Iran’s aging airline fleet five years ago because of airworthiness concerns. Read more..

By NICOLA CLARK - The New York Times

Expanded Worldview

A worldly offering by Howard Barkin, the 2016 champion of the American Crossword Puzzle Tournament. Read more..

By DEB AMLEN - The New York Times

McGraw Hill to Sell J.D. Power for $1.1 Billion

XIO Group, a private equity firm, has agreed to buy J.D. Power and Associates, best known for providing consumer surveys in more than a dozen industries. Read more..

By LESLIE PICKER - The New York Times

Microsoft Goes on Offensive Against Justice Department

The software giant argues in a lawsuit that law enforcement is too aggressive in seeking gag orders on its information requests. Read more..

By JIM KERSTETTER - The New York Times

Putting Your Smartphone on a Data Diet

If you find your monthly data allowance is eaten away far too quickly, you can make some settings adjustments to keep hungry apps in check. Read more..

By J. D. BIERSDORFER - The New York Times

Taking On the Ph.D. Later in Life

As doctoral programs become more flexible and students seek to enhance or change their careers, enrollment of older adults grows. Read more..

By MARK MILLER - The New York Times

Tax Return Not Done? File for an Extension

As tax day approaches, requesting an extension for filing your return can help you reduce errors and avoid penalties for missing the deadline. Read more..

By ANN CARRNS - The New York Times

Exchange Rates of April 16, 2016
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 108,710 JPY 1 JPY = 0,009 USD
US Dollar Australian Dollar 1 USD = 1,293 AUD 1 AUD = 0,773 USD
Australian Dollar Canadian Dollar 1 AUD = 0,990 CAD 1 CAD = 1,010 AUD

See what else happened on April 16, 2016