Financial news on March 22, 2017

Business and Financial news
A.I. Expert at Baidu, Andrew Ng, Resigns From Chinese Search Giant

The departure is a blow to Baidu, which has been betting big on artificial intelligence as a foundation to fields like voice recognition and driverless cars. Read more..

By PAUL MOZUR - The New York Times

Alternative Endings Seen for Sears and Its Hedge Fund Chief

Edward S. Lampert’s long quest to turn the storied retailer around looks destined to fail, but along the way he has hedged some of his bets. Read more..

By JENNIFER SABA and RICHARD BEALES - The New York Times

As Rivals Stand Silent, One Health Insurer Protests G.O.P. Plan

Dr. J. Mario Molina, one of the few insurance executives to criticize the House bill publicly, says it could harm insurers and patients alike. Read more..

By REED ABELSON - The New York Times

China Bets on Sensitive U.S. Start-Ups, Worrying the Pentagon

Beijing is pushing Chinese firms to invest in early-stage U.S. companies specializing in technology with potential military applications, a new report says. Read more..

By PAUL MOZUR and JANE PERLEZ - The New York Times

Foreign Growth ‘Off the Table’: Conversation With Trump Hotel Chief

Eric Danziger, who is contending with a thicket of ethical considerations, says the company will not be “growing the brands outside the United States.” Read more..

By BEN PROTESS and STEVE EDER - The New York Times

In a Surprise, the Overseas Movie Box Office Shows No Growth

Increased ticket sales in countries like Brazil and Japan could not offset steep declines in places like Germany, Britain and Mexico. China was flat. Read more..

By BROOKS BARNES - The New York Times

Morning Agenda: The ‘Trump Trade’ Faces a Test

The decline in major stock indexes may indicate investors’ optimism and composure may be waning. Read more..

By AMIE TSANG - The New York Times

Sparkly Eye Shadow? These (Male) Beauty Bloggers Are Experts

Male beauty experts have attracted rabid followings — both among people seeking how-to tips and marketers looking to sell products. Read more..

By CAITLIN KELLY - The New York Times

Survival of Sears and Kmart Is in Doubt, Owner Warns

With losses mounting, Sears Holdings Corporation said in its annual report that there were “substantial doubts” it could continue operating. Read more..

By CARLOS TEJADA - The New York Times

‘Turkish Trump,’ a Hotel Plan and a Tangle of Foreign Ties

President Trump pledged that his business would avoid overseas deals during his tenure. But his company is pursuing a hotel project with a firm with deep foreign connections. Read more..

By STEVE EDER and BEN PROTESS - The New York Times

Stock Markets

Values are reported in US Dollars

Stock Ticker symbol Open High Low Close Volume
Wells Fargo & Co. WFC 55.53 55.57 54.85 55.33 27.7M
Pfizer PFE 34.30 34.54 33.99 34.47 26.1M
General Electric GE 29.56 29.71 29.31 29.53 26M
Apple AAPL 139.85 141.60 139.76 141.42 25.9M
JPMorgan Chase JPM 86.89 88.07 86.01 87.53 21.7M
Microsoft MSFT 64.12 65.14 64.12 65.03 20.7M
Intel INTC 35.22 35.46 35.00 35.37 19.1M
General Motors GM 34.31 34.61 33.96 34.39 18.9M
AT&T Inc. T 42.10 42.12 41.46 41.65 18.5M
Facebook FB 137.93 139.79 137.60 139.59 17.1M
Cisco Systems CSCO 33.78 34.20 33.78 34.10 16.6M
Verizon Communications VZ 50.13 50.28 49.41 49.71 15M
Oracle Corp. ORCL 45.13 45.45 44.63 44.79 14.3M
Coca-Cola KO 42.56 42.70 42.25 42.38 11.6M
ExxonMobil XOM 81.96 82.09 81.43 81.76 11.2M
Comcast CMCSA 37.18 37.26 36.81 37.04 11.1M
HP Inc. HPQ 17.22 17.30 17.10 17.23 10.7M
Johnson & Johnson JNJ 127.05 127.65 126.21 126.26 10.3M
Bristol-Myers Squibb BMY 55.70 56.42 55.17 56.36 9.81M
Merck MRK 63.98 64.11 63.25 63.50 9.55M
Chevron CVX 107.65 108.85 107.52 108.39 8.11M
ConocoPhillips COP 45.03 45.32 44.63 44.65 7.85M
Visa V 87.85 89.04 87.85 88.52 7.83M
Procter & Gamble PG 91.31 91.80 90.75 90.99 7.8M
Altria MO 76.07 76.38 75.06 75.07 7.68M
Wal-Mart Stores WMT 70.03 70.34 69.72 70.25 6.46M
Gilead Sciences GILD 67.80 68.05 67.51 67.83 5.4M
Schlumberger SLB 78.35 78.62 77.75 78.38 5.34M
Abbott Laboratories ABT 44.94 45.07 44.59 44.81 5.2M
Amgen AMGN 167.93 167.98 166.59 167.45 5.07M
Walt Disney & Co. DIS 111.85 112.18 111.35 112.08 5.04M
Union Pacific UNP 103.55 104.50 103.07 104.06 4.1M
Pepsico PEP 112.31 112.38 111.57 112.02 3.88M
International Business Machines IBM 174.04 175.06 172.80 174.78 3.45M
Berkshire Hathaway BRK.B 169.27 170.04 168.02 169.30 3.26M
McDonald's MCD 128.58 129.15 128.41 129.10 3.17M
Home Depot HD 146.73 147.93 146.06 147.36 3.17M
UnitedHealth Group UNH 168.13 168.38 165.63 167.03 3M
Amazon AMZN 840.43 849.37 839.05 848.06 2.66M
Boeing BA 175.96 177.10 175.50 176.98 2.51M
United Technologies UTX 112.37 112.42 111.42 111.93 2.13M
3M MMM 192.30 192.88 190.46 192.22 1.63M
Alphabet GOOGL 849.48 855.35 847.00 849.80 1.37M
Exchange Rates of March 22, 2017
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.926 EUR 1 EUR = 1.080 USD
US Dollar Japanese Yen 1 USD = 111.295 JPY 1 JPY = 0.009 USD
US Dollar Pound Sterling 1 USD = 0.802 GBP 1 GBP = 1.248 USD
US Dollar Australian Dollar 1 USD = 1.303 AUD 1 AUD = 0.767 USD
US Dollar Canadian Dollar 1 USD = 1.333 CAD 1 CAD = 0.750 USD
US Dollar Swiss Franc 1 USD = 0.992 CHF 1 CHF = 1.008 USD
US Dollar Chinese Yuan 1 USD = 6.878 CNY 1 CNY = 0.145 USD
US Dollar Mexican Peso 1 USD = 19.015 MXN 1 MXN = 0.053 USD
US Dollar Swidish Krona 1 USD = 8.798 SEK 1 SEK = 0.114 USD
Euro Japanese Yen 1 EUR = 120.128 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.865 GBP 1 GBP = 1.156 EUR
Euro Australian Dollar 1 EUR = 1.407 AUD 1 AUD = 0.711 EUR
Euro Canadian Dollar 1 EUR = 1.439 CAD 1 CAD = 0.695 EUR
Euro Swiss Franc 1 EUR = 1.070 CHF 1 CHF = 0.934 EUR
Euro Chinese Yuan 1 EUR = 7.423 CNY 1 CNY = 0.135 EUR
Euro Mexican Peso 1 EUR = 20.522 MXN 1 MXN = 0.049 EUR
Euro Swidish Krona 1 EUR = 9.496 SEK 1 SEK = 0.105 EUR
Japanese Yen Pound Sterling 1 JPY = 0.007 GBP 1 GBP = 138.889 JPY
Japanese Yen Australian Dollar 1 JPY = 0.012 AUD 1 AUD = 85.470 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.012 CAD 1 CAD = 83.333 JPY
Japanese Yen Swiss Franc 1 JPY = 0.009 CHF 1 CHF = 112.360 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.062 CNY 1 CNY = 16.181 JPY
Japanese Yen Mexican Peso 1 JPY = 0.171 MXN 1 MXN = 5.851 JPY
Japanese Yen Swidish Krona 1 JPY = 0.079 SEK 1 SEK = 12.658 JPY
Pound Sterling Australian Dollar 1 GBP = 1.626 AUD 1 AUD = 0.615 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.663 CAD 1 CAD = 0.601 GBP
Pound Sterling Swiss Franc 1 GBP = 1.237 CHF 1 CHF = 0.808 GBP
Pound Sterling Chinese Yuan 1 GBP = 8.581 CNY 1 CNY = 0.117 GBP
Pound Sterling Mexican Peso 1 GBP = 23.711 MXN 1 MXN = 0.042 GBP
Pound Sterling Swidish Krona 1 GBP = 10.973 SEK 1 SEK = 0.091 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.023 CAD 1 CAD = 0.978 AUD
Australian Dollar Swiss Franc 1 AUD = 0.761 CHF 1 CHF = 1.315 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.279 CNY 1 CNY = 0.189 AUD
Australian Dollar Mexican Peso 1 AUD = 14.594 MXN 1 MXN = 0.069 AUD
Australian Dollar Swidish Krona 1 AUD = 6.738 SEK 1 SEK = 0.148 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.744 CHF 1 CHF = 1.344 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.160 CNY 1 CNY = 0.194 CAD
Canadian Dollar Mexican Peso 1 CAD = 14.263 MXN 1 MXN = 0.070 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.591 SEK 1 SEK = 0.152 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.936 CNY 1 CNY = 0.144 CHF
Swiss Franc Mexican Peso 1 CHF = 19.170 MXN 1 MXN = 0.052 CHF
Swiss Franc Swidish Krona 1 CHF = 8.864 SEK 1 SEK = 0.113 CHF

See what else happened on March 22, 2017