Financial news on February 18, 2008

Business and Financial news
3 Internet Providers in Deal for Tailored Ads

Three Internet providers in Britain have teamed up with a company called Phorm, whose technology tracks Web users and sends them ads related to their interests. Read more..

By ERIC PFANNER - The New York Times

After China Ships Out iPhones, Smugglers Make It a Return Trip

The popularity of the iPhone is defying Apple’s attempt to slowly introduce it in new markets. Read more..

By DAVID BARBOZA - The New York Times

After Stumbling, Facebook Finds a Working Eraser

Facebook.com, stung last week by the wrath of members who want to sever their relationships, tripped again when it tried to let them do so. Read more..

By MARIA ASPAN - The New York Times

A Plan to Offer 50 Sites on Politics in 50 States

In the middle of a media-saturated political season, The New York Observer is pulling together 50 Web sites, one for each state, into a political hub called Politicker.com. Read more..

By BRIAN STELTER - The New York Times

A Start-Up Says It Can Predict Others’ Fate

Two former Oxford University students are getting attention in Silicon Valley for developing technology that automates aspects of the venture capital decision-making process. Read more..

By MATT RICHTEL - The New York Times

College Paper Vows to Fight a Takeover by Gannett

Inexpensive student labor, rising advertising, and young, relatively affluent readerships make college newspapers particularly attractive to media companies. Read more..

By CATE DOTY - The New York Times

Largest Recall of Ground Beef Is Ordered

A California meat company issued a recall of 143 million pounds of beef, some of which was used in school lunch programs. Read more..

By ANDREW MARTIN - The New York Times

News Isn’t Wasted on the Young

Can newscasts retain the college crowd beyond the elections? Read more..

By DAVID CARR - The New York Times

Scripts Reappear on ‘Daily Show’

The writers’ strike forced hosts like Jon Stewart and Stephen Colbert to improvise more than most viewers probably know. Read more..

By BRIAN STELTER - The New York Times

Tax Scandal in Germany Fans Complaints of Inequity

Hundreds of people, including several who are household names, are under investigation on suspicion that they evaded taxes by steering money to Liechtenstein. Read more..

By CARTER DOUGHERTY and MARK LANDLER - The New York Times

Exchange Rates of February 18, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 108.200 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.007 CAD 1 CAD = 0.993 USD
US Dollar Swiss Franc 1 USD = 1.102 CHF 1 CHF = 0.907 USD
US Dollar Chinese Yuan 1 USD = 7.166 CNY 1 CNY = 0.140 USD
Euro Japanese Yen 1 EUR = 158.610 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.750 GBP 1 GBP = 1.333 EUR
Euro Australian Dollar 1 EUR = 1.603 AUD 1 AUD = 0.624 EUR
Euro Canadian Dollar 1 EUR = 1.477 CAD 1 CAD = 0.677 EUR
Euro Swiss Franc 1 EUR = 1.615 CHF 1 CHF = 0.619 EUR
Japanese Yen Pound Sterling 1 JPY = 0.473 GBP 1 GBP = 2.115 JPY
Japanese Yen Australian Dollar 1 JPY = 1.011 AUD 1 AUD = 0.990 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.931 CAD 1 CAD = 1.075 JPY
Japanese Yen Swiss Franc 1 JPY = 1.018 CHF 1 CHF = 0.982 JPY
Pound Sterling Australian Dollar 1 GBP = 2.137 AUD 1 AUD = 0.468 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.968 CAD 1 CAD = 0.508 GBP
Pound Sterling Swiss Franc 1 GBP = 2.151 CHF 1 CHF = 0.465 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.920 CAD 1 CAD = 1.087 AUD
Australian Dollar Swiss Franc 1 AUD = 1.006 CHF 1 CHF = 0.994 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.093 CHF 1 CHF = 0.915 CAD

See what else happened on February 18, 2008