Financial news on February 25, 2016

Business and Financial news
As China’s Economic Picture Turns Uglier, Beijing Applies Airbrush

With troubles threatening to undermine confidence in the Communist Party, leaders are tightening the flow of information. Read more..

By EDWARD WONG and NEIL GOUGH - The New York Times

Banca Privada Gets Money-Laundering Designation Dropped

In an unusual step, the Andorran-based bank sued a United States Treasury watchdog. Read more..

By GINA CHON - The New York Times

Commodities Agency Advised to Drop Plan to Limit Futures Contracts

Commodity Futures Trading Commission committee recommends it give up plans to limit amount of futures contracts trader can hold on certain commodities, including oil and natural gas. Read more..

By LIZ MOYER - The New York Times

Getting YouTube Stars to Sell Your Product

More video creators with substantial followings on YouTube are featuring products and services in their videos, as so-called influencer marketing grows; Nielsen says recommendations by influencers, often considered authorities in their niche, are trusted by over 80 percent of consumers. Read more..

By EILENE ZIMMERMAN - The New York Times

Google Joins Race to Speed Up Mobile Delivery of News Articles

Google is introducing faster approach to delivering news articles on smartphones; Accelerated Mobile Pages will offer horizontal presentation of news items from several publishers as part of search results. Read more..

By VINDU GOEL - The New York Times

John Gleeson, Prominent Judge, Said to Be Joining Debevoise & Plimpton

John Gleeson, former prosecutor and prominent federal judge who spent over two decades in Eastern District of New York, will become partner at Debevoise & Plimpton. Read more..

By BEN PROTESS - The New York Times

Once a Coup, Pipeline Company Deal Becomes a Nightmare

Shares of Energy Transfer Equity and the Williams Companies have plummeted, partly because of numerous concerns about their complicated merger. Read more..


Poorest Areas Have Missed Out on Boons of Recovery, Study Finds

A new research and advocacy group found that since the end of the recession, the divide between wealthy and poor communities had widened further. Read more..

By NELSON D. SCHWARTZ - The New York Times

Treasury Plan for Puerto Rico Favors Pensions Over Bondholders

Treasury Dept offers new debt plan for Puerto Rico that would prioritize pension payments over payments to bondholders; some experts say move could unsettle municipal bond market, prompting mainland cities to ask for similar treatment. Read more..


Watching DVD Movies on Windows 10

Windows 10 does not come with a program to play DVD movies, but you can find free software online to do the job. Read more..

By J. D. BIERSDORFER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE28.8029.2828.7829.2335.9M
HP Inc.HPQ10.1610.469.9510.3435.6M
AT&T Inc.T37.1037.5037.0537.3722.8M
Cisco SystemsCSCO26.4926.6026.2026.6018.7M
United TechnologiesUTX93.9198.7393.6898.0716.9M
Wells Fargo & Co.WFC47.7148.1647.7147.7516.6M
JPMorgan ChaseJPM56.1357.0356.0457.0114.5M
Verizon CommunicationsVZ50.9051.3050.7851.1112.4M
General MotorsGM28.8329.5128.5529.5011.9M
Oracle Corp.ORCL36.7937.3036.5037.2911.6M
Wal-Mart StoresWMT67.4568.1367.3368.049.58M
Gilead SciencesGILD90.0090.4989.5590.169.17M
Johnson & JohnsonJNJ104.95106.39104.77106.388.09M
Abbott LaboratoriesABT39.2239.6438.9739.637.61M
Procter & GamblePG81.7082.3481.4782.346.79M
Home DepotHD125.76126.86124.89126.864.74M
Walt Disney & Co.DIS95.9295.9594.3595.654.56M
Bristol-Myers SquibbBMY62.6363.0662.3063.034.5M
International Business MachinesIBM133.29134.51130.88134.504.36M
Berkshire HathawayBRK.B131.62132.37130.42132.313.5M
Union PacificUNP79.5080.3578.5379.323.24M
UnitedHealth GroupUNH120.20121.23119.82121.202.28M
Exchange Rates of February 25, 2016
CurrenciesExchange Rates
US DollarEuro1 USD = 0.907 EUR1 EUR = 1.102 USD
US DollarJapanese Yen1 USD = 112.905 JPY1 JPY = 0.009 USD
US DollarPound Sterling1 USD = 0.716 GBP1 GBP = 1.396 USD
US DollarAustralian Dollar1 USD = 1.384 AUD1 AUD = 0.722 USD
US DollarCanadian Dollar1 USD = 1.354 CAD1 CAD = 0.738 USD
US DollarSwiss Franc1 USD = 0.991 CHF1 CHF = 1.009 USD
US DollarChinese Yuan1 USD = 6.532 CNY1 CNY = 0.153 USD
US DollarMexican Peso1 USD = 18.123 MXN1 MXN = 0.055 USD
US DollarSwidish Krona1 USD = 8.502 SEK1 SEK = 0.118 USD
EuroJapanese Yen1 EUR = 124.420 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.790 GBP1 GBP = 1.266 EUR
EuroAustralian Dollar1 EUR = 1.526 AUD1 AUD = 0.655 EUR
EuroCanadian Dollar1 EUR = 1.492 CAD1 CAD = 0.670 EUR
EuroSwiss Franc1 EUR = 1.092 CHF1 CHF = 0.916 EUR
EuroChinese Yuan1 EUR = 7.199 CNY1 CNY = 0.139 EUR
EuroMexican Peso1 EUR = 19.975 MXN1 MXN = 0.050 EUR
EuroSwidish Krona1 EUR = 9.367 SEK1 SEK = 0.107 EUR
Japanese YenPound Sterling1 JPY = 0.006 GBP1 GBP = 158.730 JPY
Japanese YenAustralian Dollar1 JPY = 0.012 AUD1 AUD = 81.301 JPY
Japanese YenCanadian Dollar1 JPY = 0.012 CAD1 CAD = 83.333 JPY
Japanese YenSwiss Franc1 JPY = 0.009 CHF1 CHF = 113.636 JPY
Japanese YenChinese Yuan1 JPY = 0.058 CNY1 CNY = 17.301 JPY
Japanese YenMexican Peso1 JPY = 0.161 MXN1 MXN = 6.231 JPY
Japanese YenSwidish Krona1 JPY = 0.075 SEK1 SEK = 13.280 JPY
Pound SterlingAustralian Dollar1 GBP = 1.932 AUD1 AUD = 0.518 GBP
Pound SterlingCanadian Dollar1 GBP = 1.889 CAD1 CAD = 0.529 GBP
Pound SterlingSwiss Franc1 GBP = 1.382 CHF1 CHF = 0.723 GBP
Pound SterlingChinese Yuan1 GBP = 9.117 CNY1 CNY = 0.110 GBP
Pound SterlingMexican Peso1 GBP = 25.284 MXN1 MXN = 0.040 GBP
Pound SterlingSwidish Krona1 GBP = 11.864 SEK1 SEK = 0.084 GBP
Australian DollarCanadian Dollar1 AUD = 0.978 CAD1 CAD = 1.023 AUD
Australian DollarSwiss Franc1 AUD = 0.715 CHF1 CHF = 1.398 AUD
Australian DollarChinese Yuan1 AUD = 4.719 CNY1 CNY = 0.212 AUD
Australian DollarMexican Peso1 AUD = 13.100 MXN1 MXN = 0.076 AUD
Australian DollarSwidish Krona1 AUD = 6.137 SEK1 SEK = 0.163 AUD
Canadian DollarSwiss Franc1 CAD = 0.731 CHF1 CHF = 1.367 CAD
Canadian DollarChinese Yuan1 CAD = 4.825 CNY1 CNY = 0.207 CAD
Canadian DollarMexican Peso1 CAD = 13.392 MXN1 MXN = 0.075 CAD
Canadian DollarSwidish Krona1 CAD = 6.276 SEK1 SEK = 0.159 CAD
Swiss FrancChinese Yuan1 CHF = 6.596 CNY1 CNY = 0.152 CHF
Swiss FrancMexican Peso1 CHF = 18.311 MXN1 MXN = 0.055 CHF
Swiss FrancSwidish Krona1 CHF = 8.576 SEK1 SEK = 0.117 CHF
Chinese YuanSwidish Krona1 CNY = 1.298 SEK1 SEK = 0.770 CNY

See what else happened on February 25, 2016