Financial news on August 24, 2015

Business and Financial news
A Plunge in China Rattles Markets Across the Globe

The global market turmoil spread across Asia, Europe and the United States, with the benchmark Standard & Poor’s 500-stock index falling nearly 4 percent. Read more..

By NATHANIEL POPPER and NEIL GOUGH - The New York Times

As Minimum Wages Rise, Restaurants Say No to Tips, Yes to Higher Prices

A no-tipping policy has already been adopted by a small number of restaurants, with others taking a wait-and-see attitude. Read more..

By PATRICIA COHEN - The New York Times

Avoid Worrying About a Future That May Never Happen

Concentrating on the present can help goals become reality, a financial planner writes. Read more..

By CARL RICHARDS - The New York Times

Big Investors Are Finding Ripe Start-Up Targets in Europe

Big investors are pouring into Europe, discovering ripe start-up candidates; Dow Jones Venture Source reports European venture capital firms raised 2 billion euros in second quarter, up 63 percent from year-ago quarter; region is approaching funding highs of dot-com era. Read more..

By MARK SCOTT - The New York Times

Daily Report: Potential Unicorns, Meet a Rough Market

Already, there are grumblings that the downturn in the stock market could alter the booming tech industry. Read more..

By JOSEPH PLAMBECK - The New York Times

John Correnti, Steel Industry Executive, Dies at 68

John Correnti, a leader in the American steel industry at its zenith, who led industry giant Nucor and was most recently the founder and chief executive of Big River Steel in Arkansas, dies at age 68. Read more..

By DIONNE SEARCEY - The New York Times

Rolling Stone Moves Beyond the Fray

Gus Wenner, son of Rolling Stone founder Jann S Wenner, runs digital operation of Wenner Media, which publishes the venerable magazine; younger Wenner is gradually taking over reins, expanding publication's web and video offerings. Read more..

By RAVI SOMAIYA - The New York Times

The Art of Punning

A good time with John E. Bennett’s puzzle, and a reminder of Merl Reagle’s art. Read more..

By DEB AMLEN - The New York Times

Why the Stock Market Is So Turbulent

This turmoil started in China, but it now includes key factors like oil prices, emerging markets and the Federal Reserve. Read more..

By NEIL IRWIN - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
AppleAAPL94.87108.8092.00103.12162M
General ElectricGE22.8424.3819.3723.8791.2M
MicrosoftMSFT40.4543.3139.7241.6888.8M
FacebookFB77.0387.1472.0082.0983.7M
IntelINTC25.2027.6324.8726.2583.2M
AT&T Inc.T32.1833.2730.9732.3777.2M
Cisco SystemsCSCO24.8926.0823.0325.1961.7M
PfizerPFE31.9733.2528.4732.1352.3M
Coca-ColaKO37.9938.9436.5638.3844.1M
Wells Fargo & Co.WFC49.2053.2447.7551.2540.2M
JPMorgan ChaseJPM59.2962.9250.0760.2536.3M
Verizon CommunicationsVZ44.3545.8738.0644.7436.1M
General MotorsGM27.3028.9024.6227.8035.7M
ExxonMobilXOM67.9971.3866.5568.7235.5M
HP Inc.HPQ25.6127.7624.8526.6035.3M
Oracle Corp.ORCL35.7337.0635.1436.0832.5M
Walt Disney & Co.DIS93.38100.0090.0095.3630.1M
ComcastCMCSA53.3556.3050.0154.4126.2M
Gilead SciencesGILD97.31106.6786.00100.6625.7M
Johnson & JohnsonJNJ91.0895.2181.7992.8225.6M
MerckMRK53.0755.1345.6953.9924.8M
ChevronCVX70.5575.3869.5872.1224.2M
Procter & GamblePG68.5771.0765.0269.1423.7M
Wal-Mart StoresWMT63.7466.1661.5063.9522.2M
ConocoPhillipsCOP41.9844.9341.1042.9321.3M
VisaV64.1671.0660.0068.3620.9M
Abbott LaboratoriesABT44.5145.8142.7343.7018.4M
SchlumbergerSLB73.9276.3073.0273.8717.3M
AltriaMO48.7152.9047.4152.1417.2M
Bristol-Myers SquibbBMY57.9960.9451.8258.6515.2M
McDonald'sMCD91.5895.8887.5092.8715.1M
Home DepotHD110.05115.8892.17112.5414M
Berkshire HathawayBRK.B127.55133.97125.50129.5713.8M
PepsicoPEP91.5894.4776.4891.8313.4M
United TechnologiesUTX88.6793.1987.1790.8710.8M
Union PacificUNP81.1885.1979.3182.6610.3M
International Business MachinesIBM143.47147.76142.32143.4710.2M
AmazonAMZN463.58489.76451.00463.3710.1M
BoeingBA123.64135.50115.14127.199.43M
UnitedHealth GroupUNH110.86114.9995.00110.438.82M
AmgenAMGN145.33154.42140.00147.648.7M
3MMMM137.12142.09134.00138.587.36M
AlphabetGOOGL600.60644.33593.09618.116.49M
Exchange Rates of August 24, 2015
CurrenciesExchange Rates
US DollarEuro1 USD = 0.862 EUR1 EUR = 1.160 USD
US DollarJapanese Yen1 USD = 118.395 JPY1 JPY = 0.008 USD
US DollarPound Sterling1 USD = 0.635 GBP1 GBP = 1.575 USD
US DollarAustralian Dollar1 USD = 1.399 AUD1 AUD = 0.715 USD
US DollarCanadian Dollar1 USD = 1.329 CAD1 CAD = 0.753 USD
US DollarSwiss Franc1 USD = 0.931 CHF1 CHF = 1.074 USD
US DollarChinese Yuan1 USD = 6.404 CNY1 CNY = 0.156 USD
US DollarMexican Peso1 USD = 17.180 MXN1 MXN = 0.058 USD
US DollarSwidish Krona1 USD = 8.261 SEK1 SEK = 0.121 USD
EuroJapanese Yen1 EUR = 137.306 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.736 GBP1 GBP = 1.359 EUR
EuroAustralian Dollar1 EUR = 1.623 AUD1 AUD = 0.616 EUR
EuroCanadian Dollar1 EUR = 1.541 CAD1 CAD = 0.649 EUR
EuroSwiss Franc1 EUR = 1.080 CHF1 CHF = 0.926 EUR
EuroChinese Yuan1 EUR = 7.414 CNY1 CNY = 0.135 EUR
EuroMexican Peso1 EUR = 19.925 MXN1 MXN = 0.050 EUR
EuroSwidish Krona1 EUR = 9.578 SEK1 SEK = 0.104 EUR
Japanese YenPound Sterling1 JPY = 0.005 GBP1 GBP = 185.185 JPY
Japanese YenAustralian Dollar1 JPY = 0.012 AUD1 AUD = 84.746 JPY
Japanese YenCanadian Dollar1 JPY = 0.011 CAD1 CAD = 89.286 JPY
Japanese YenSwiss Franc1 JPY = 0.008 CHF1 CHF = 126.582 JPY
Japanese YenChinese Yuan1 JPY = 0.054 CNY1 CNY = 18.553 JPY
Japanese YenMexican Peso1 JPY = 0.145 MXN1 MXN = 6.887 JPY
Japanese YenSwidish Krona1 JPY = 0.070 SEK1 SEK = 14.327 JPY
Pound SterlingAustralian Dollar1 GBP = 2.205 AUD1 AUD = 0.454 GBP
Pound SterlingCanadian Dollar1 GBP = 2.093 CAD1 CAD = 0.478 GBP
Pound SterlingSwiss Franc1 GBP = 1.467 CHF1 CHF = 0.682 GBP
Pound SterlingChinese Yuan1 GBP = 10.085 CNY1 CNY = 0.099 GBP
Pound SterlingMexican Peso1 GBP = 27.060 MXN1 MXN = 0.037 GBP
Pound SterlingSwidish Krona1 GBP = 13.006 SEK1 SEK = 0.077 GBP
Australian DollarCanadian Dollar1 AUD = 0.949 CAD1 CAD = 1.053 AUD
Australian DollarSwiss Franc1 AUD = 0.665 CHF1 CHF = 1.503 AUD
Australian DollarChinese Yuan1 AUD = 4.567 CNY1 CNY = 0.219 AUD
Australian DollarMexican Peso1 AUD = 12.285 MXN1 MXN = 0.081 AUD
Australian DollarSwidish Krona1 AUD = 5.899 SEK1 SEK = 0.170 AUD
Canadian DollarSwiss Franc1 CAD = 0.701 CHF1 CHF = 1.427 CAD
Canadian DollarChinese Yuan1 CAD = 4.818 CNY1 CNY = 0.208 CAD
Canadian DollarMexican Peso1 CAD = 12.940 MXN1 MXN = 0.077 CAD
Canadian DollarSwidish Krona1 CAD = 6.213 SEK1 SEK = 0.161 CAD
Swiss FrancChinese Yuan1 CHF = 6.864 CNY1 CNY = 0.146 CHF
Swiss FrancMexican Peso1 CHF = 18.467 MXN1 MXN = 0.054 CHF
Swiss FrancSwidish Krona1 CHF = 8.864 SEK1 SEK = 0.113 CHF
Chinese YuanSwidish Krona1 CNY = 1.289 SEK1 SEK = 0.776 CNY

See what else happened on August 24, 2015