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

Stock Ticker symbol Open High Low Close Volume
Apple AAPL 94.87 108.80 92.00 103.12 162M
General Electric GE 22.84 24.38 19.37 23.87 91.2M
Microsoft MSFT 40.45 43.31 39.72 41.68 88.8M
Facebook FB 77.03 87.14 72.00 82.09 83.7M
Intel INTC 25.20 27.63 24.87 26.25 83.2M
AT&T Inc. T 32.18 33.27 30.97 32.37 77.2M
Cisco Systems CSCO 24.89 26.08 23.03 25.19 61.7M
Pfizer PFE 31.97 33.25 28.47 32.13 52.3M
Coca-Cola KO 37.99 38.94 36.56 38.38 44.1M
Wells Fargo & Co. WFC 49.20 53.24 47.75 51.25 40.2M
JPMorgan Chase JPM 59.29 62.92 50.07 60.25 36.3M
Verizon Communications VZ 44.35 45.87 38.06 44.74 36.1M
General Motors GM 27.30 28.90 24.62 27.80 35.7M
ExxonMobil XOM 67.99 71.38 66.55 68.72 35.5M
HP Inc. HPQ 25.61 27.76 24.85 26.60 35.3M
Oracle Corp. ORCL 35.73 37.06 35.14 36.08 32.5M
Walt Disney & Co. DIS 93.38 100.00 90.00 95.36 30.1M
Comcast CMCSA 53.35 56.30 50.01 54.41 26.2M
Gilead Sciences GILD 97.31 106.67 86.00 100.66 25.7M
Johnson & Johnson JNJ 91.08 95.21 81.79 92.82 25.6M
Merck MRK 53.07 55.13 45.69 53.99 24.8M
Chevron CVX 70.55 75.38 69.58 72.12 24.2M
Procter & Gamble PG 68.57 71.07 65.02 69.14 23.7M
Wal-Mart Stores WMT 63.74 66.16 61.50 63.95 22.2M
ConocoPhillips COP 41.98 44.93 41.10 42.93 21.3M
Visa V 64.16 71.06 60.00 68.36 20.9M
Abbott Laboratories ABT 44.51 45.81 42.73 43.70 18.4M
Schlumberger SLB 73.92 76.30 73.02 73.87 17.3M
Altria MO 48.71 52.90 47.41 52.14 17.2M
Bristol-Myers Squibb BMY 57.99 60.94 51.82 58.65 15.2M
McDonald's MCD 91.58 95.88 87.50 92.87 15.1M
Home Depot HD 110.05 115.88 92.17 112.54 14M
Berkshire Hathaway BRK.B 127.55 133.97 125.50 129.57 13.8M
Pepsico PEP 91.58 94.47 76.48 91.83 13.4M
United Technologies UTX 88.67 93.19 87.17 90.87 10.8M
Union Pacific UNP 81.18 85.19 79.31 82.66 10.3M
International Business Machines IBM 143.47 147.76 142.32 143.47 10.2M
Amazon AMZN 463.58 489.76 451.00 463.37 10.1M
Boeing BA 123.64 135.50 115.14 127.19 9.43M
UnitedHealth Group UNH 110.86 114.99 95.00 110.43 8.82M
Amgen AMGN 145.33 154.42 140.00 147.64 8.7M
3M MMM 137.12 142.09 134.00 138.58 7.36M
Alphabet GOOGL 600.60 644.33 593.09 618.11 6.49M
Exchange Rates of August 24, 2015
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.862 EUR 1 EUR = 1.160 USD
US Dollar Japanese Yen 1 USD = 118.395 JPY 1 JPY = 0.008 USD
US Dollar Pound Sterling 1 USD = 0.635 GBP 1 GBP = 1.575 USD
US Dollar Australian Dollar 1 USD = 1.399 AUD 1 AUD = 0.715 USD
US Dollar Canadian Dollar 1 USD = 1.329 CAD 1 CAD = 0.753 USD
US Dollar Swiss Franc 1 USD = 0.931 CHF 1 CHF = 1.074 USD
US Dollar Chinese Yuan 1 USD = 6.404 CNY 1 CNY = 0.156 USD
US Dollar Mexican Peso 1 USD = 17.180 MXN 1 MXN = 0.058 USD
US Dollar Swidish Krona 1 USD = 8.261 SEK 1 SEK = 0.121 USD
Euro Japanese Yen 1 EUR = 137.306 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.736 GBP 1 GBP = 1.359 EUR
Euro Australian Dollar 1 EUR = 1.623 AUD 1 AUD = 0.616 EUR
Euro Canadian Dollar 1 EUR = 1.541 CAD 1 CAD = 0.649 EUR
Euro Swiss Franc 1 EUR = 1.080 CHF 1 CHF = 0.926 EUR
Euro Chinese Yuan 1 EUR = 7.414 CNY 1 CNY = 0.135 EUR
Euro Mexican Peso 1 EUR = 19.925 MXN 1 MXN = 0.050 EUR
Euro Swidish Krona 1 EUR = 9.578 SEK 1 SEK = 0.104 EUR
Japanese Yen Pound Sterling 1 JPY = 0.005 GBP 1 GBP = 185.185 JPY
Japanese Yen Australian Dollar 1 JPY = 0.012 AUD 1 AUD = 84.746 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.011 CAD 1 CAD = 89.286 JPY
Japanese Yen Swiss Franc 1 JPY = 0.008 CHF 1 CHF = 126.582 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.054 CNY 1 CNY = 18.553 JPY
Japanese Yen Mexican Peso 1 JPY = 0.145 MXN 1 MXN = 6.887 JPY
Japanese Yen Swidish Krona 1 JPY = 0.070 SEK 1 SEK = 14.327 JPY
Pound Sterling Australian Dollar 1 GBP = 2.205 AUD 1 AUD = 0.454 GBP
Pound Sterling Canadian Dollar 1 GBP = 2.093 CAD 1 CAD = 0.478 GBP
Pound Sterling Swiss Franc 1 GBP = 1.467 CHF 1 CHF = 0.682 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.085 CNY 1 CNY = 0.099 GBP
Pound Sterling Mexican Peso 1 GBP = 27.060 MXN 1 MXN = 0.037 GBP
Pound Sterling Swidish Krona 1 GBP = 13.006 SEK 1 SEK = 0.077 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.949 CAD 1 CAD = 1.053 AUD
Australian Dollar Swiss Franc 1 AUD = 0.665 CHF 1 CHF = 1.503 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.567 CNY 1 CNY = 0.219 AUD
Australian Dollar Mexican Peso 1 AUD = 12.285 MXN 1 MXN = 0.081 AUD
Australian Dollar Swidish Krona 1 AUD = 5.899 SEK 1 SEK = 0.170 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.701 CHF 1 CHF = 1.427 CAD
Canadian Dollar Chinese Yuan 1 CAD = 4.818 CNY 1 CNY = 0.208 CAD
Canadian Dollar Mexican Peso 1 CAD = 12.940 MXN 1 MXN = 0.077 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.213 SEK 1 SEK = 0.161 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.864 CNY 1 CNY = 0.146 CHF
Swiss Franc Mexican Peso 1 CHF = 18.467 MXN 1 MXN = 0.054 CHF
Swiss Franc Swidish Krona 1 CHF = 8.864 SEK 1 SEK = 0.113 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.289 SEK 1 SEK = 0.776 CNY

See what else happened on August 24, 2015