Financial news on January 26th, 2010

Business and Financial news
An Investigator Presses to Uncover Bailout Abuse

Neil M. Barofsky is shaking up Capitol Hill as he quietly pieces together the most complete historical record of the bailout. His reports are careful but not cautious, challenging some of the most powerful people in Washington and Wall Street. Read more..

By DEALBOOK - The New York Times

Bankers Return to Davos With a Bit Less Swagger

As they gather for the World Economic Forum, bankers face increased calls for tighter regulation. Read more..

By JACK EWING - The New York Times

British Airways Is Training Employees as Fill-Ins if Attendants Strike

As cabin crews vote on whether to begin a strike, the airline has started training employee volunteers to take their place if the union decides to walk out. Read more..

By JULIA WERDIGIER - The New York Times

E-Mail Saves Time, but Being There Says More

E-mail and videoconferencing are widely used, but experts say bad news should be told in person. Read more..

By JOE SHARKEY - The New York Times

It’s Time to Agree on Higher Rates

A new Great Depression has been avoided, but it is time for the world’s political and business leaders to build a consensus for higher interest rates. Read more..

By EDWARD HADAS - The New York Times

Liberty Global Sells Stake in Japanese Company

Liberty Global said Monday that it would sell its stake in Jupiter Telecommunications of Japan to KDDI Corporation, a Japanese wireless operator, for $4 billion. Read more..

By CHRIS V. NICHOLSON - International Herald Tribune

Seeking a Place at Airports

Many new airlines struggle to get access to runway slots and terminal gates at some of the nation’s biggest and busiest airports. Read more..

By SUSAN STELLIN - The New York Times

Still Needed: A Sheriff of Finance

Efforts to rein in the world financial system will be no better than parochial without a global authority. Read more..

By ANDREW ROSS SORKIN - The New York Times

Wind Power Grows 39% for the Year

The growth was spurred by a federal stimulus package, but the advance could slow this year as the effects of the 2009 recession kick in. Read more..

By JAD MOUAWAD - The New York Times

With Apple Tablet, Print Media Hope for a Payday

Apple is expected to market its tablet computer not just as a way to read news and books, but also as a way for companies to charge for content. Read more..


Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE16.3316.7016.2616.3578M
Wells Fargo & Co.WFC27.4528.3526.9226.9966.6M
Cisco SystemsCSCO22.8023.2022.6422.9055.3M
JPMorgan ChaseJPM39.0039.8438.2838.4453M
Verizon CommunicationsVZ30.4030.5329.7530.1737.8M
AT&T Inc.T25.4025.5125.0625.3334.2M
Oracle Corp.ORCL23.9324.1323.7023.8828.7M
HP Inc.HPQ50.1050.5049.5849.7415.7M
Johnson & JohnsonJNJ62.6463.0162.2262.7915.6M
Wal-Mart StoresWMT52.8253.8652.7353.6115.6M
Abbott LaboratoriesABT54.5754.6754.2654.4813.8M
Bristol-Myers SquibbBMY24.2724.3723.5024.3013.5M
Home DepotHD27.5027.9527.5027.7313.3M
Procter & GamblePG60.1760.9560.0060.6913.1M
Walt Disney & Co.DIS29.8029.9429.3229.6611.2M
UnitedHealth GroupUNH32.5132.9132.4432.4411.1M
Gilead SciencesGILD45.5945.6044.6944.8710.4M
International Business MachinesIBM125.92127.75125.41125.757.14M
Berkshire HathawayBRK.B69.3369.6867.8768.005.23M
United TechnologiesUTX68.0068.8667.8068.475M
Union PacificUNP63.4564.5062.9064.203.32M
Exchange Rates of January 26th, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 89.630 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.063 CAD1 CAD = 0.941 USD
US DollarSwiss Franc1 USD = 1.046 CHF1 CHF = 0.956 USD
US DollarChinese Yuan1 USD = 6.827 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 126.140 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.872 GBP1 GBP = 1.147 EUR
EuroAustralian Dollar1 EUR = 1.566 AUD1 AUD = 0.638 EUR
EuroCanadian Dollar1 EUR = 1.496 CAD1 CAD = 0.669 EUR
EuroSwiss Franc1 EUR = 1.472 CHF1 CHF = 0.679 EUR
EuroChinese Yuan1 EUR = 9.609 CNY1 CNY = 0.104 EUR
Japanese YenPound Sterling1 JPY = 0.691 GBP1 GBP = 1.448 JPY
Japanese YenAustralian Dollar1 JPY = 1.241 AUD1 AUD = 0.806 JPY
Japanese YenCanadian Dollar1 JPY = 1.185 CAD1 CAD = 0.844 JPY
Japanese YenSwiss Franc1 JPY = 1.167 CHF1 CHF = 0.857 JPY
Pound SterlingAustralian Dollar1 GBP = 1.796 AUD1 AUD = 0.557 GBP
Pound SterlingCanadian Dollar1 GBP = 1.715 CAD1 CAD = 0.583 GBP
Pound SterlingSwiss Franc1 GBP = 1.689 CHF1 CHF = 0.592 GBP
Pound SterlingChinese Yuan1 GBP = 11.011 CNY1 CNY = 0.091 GBP
Australian DollarCanadian Dollar1 AUD = 0.955 CAD1 CAD = 1.048 AUD
Australian DollarSwiss Franc1 AUD = 0.940 CHF1 CHF = 1.064 AUD
Australian DollarChinese Yuan1 AUD = 6.137 CNY1 CNY = 0.163 AUD
Canadian DollarSwiss Franc1 CAD = 0.984 CHF1 CHF = 1.016 CAD
Canadian DollarChinese Yuan1 CAD = 6.424 CNY1 CNY = 0.156 CAD
Swiss FrancChinese Yuan1 CHF = 6.525 CNY1 CNY = 0.153 CHF

See what else happened on January 26th, 2010