Financial news on May 26, 2008

Business and Financial news
A Few Tremors in Oprahland

The average audience for “The Oprah Winfrey Show” has fallen nearly 7 percent this year, according to Nielsen Media Research — its third straight year of decline. Read more..

By EDWARD WYATT - The New York Times

A New Twist on Balloon Sculpture

A documentary examining the world of professional balloon twisters has exposed a rift between “gospel twisters” and the “adult” twisters. Read more..

By DOUGLAS QUENQUA - The New York Times

Browsers Are a Battleground Once Again

Browser developer Mozilla will soon release Firefox 3.0, which will feature a few tricks that could change the way people organize and find the Web sites they visit most frequently. Read more..

By BRAD STONE - The New York Times

China Orders 6 Telecoms to Merge Their Assets

The move would allow fixed-line carriers to expand into wireless services and create three operators that will offer phone and Internet connections to 1.3 billion people. Read more..

By BLOOMBERG NEWS - The New York Times

Some Shoppers Head to Supercenters

Eighty-six percent of adults said they had shopped at a supermarket in the last month down from 93 percent in 2005, and stores like Wal-Mart have benefited. Read more..

By ALEX MINDLIN - The New York Times

The Wars We Choose to Ignore

Coverage of the Iraq war tapered off even as the body count remained high. Read more..

By DAVID CARR - The New York Times

This Is Funny Only if You Know Unix

XKCD.com is serving up an online comic strip with jokes for a very specific audience: techies. Read more..

By NOAM COHEN - The New York Times

Treasury Auctions Set for This Week

The Treasury’s schedule of financing this week included Tuesday’s auction of new three- and six-month bills on Wednesday and five-year notes on Thursday. Read more..

By THE NEW YORK TIMES - The New York Times

Warner Tries a New Tactic to Revive Its DVD Sales

Warner Brothers Entertainment is trying to boost DVD sagging sales by releasing companion projects to its films exclusively on DVD. Read more..

By BROOKS BARNES - The New York Times

World Bank, U.S., Britain and Japan Take on Warming

The World Bank will raise at least $5.5 billion with the United States, Britain and Japan this year to help poor nations use clean technology and tackle global warming. Read more..

By BLOOMBERG NEWS - The New York Times

Exchange Rates of May 26, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 103.370 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 0.992 CAD 1 CAD = 1.008 USD
US Dollar Swiss Franc 1 USD = 1.024 CHF 1 CHF = 0.976 USD
US Dollar Chinese Yuan 1 USD = 6.937 CNY 1 CNY = 0.144 USD
Euro Japanese Yen 1 EUR = 163.050 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.796 GBP 1 GBP = 1.257 EUR
Euro Australian Dollar 1 EUR = 1.642 AUD 1 AUD = 0.609 EUR
Euro Canadian Dollar 1 EUR = 1.565 CAD 1 CAD = 0.639 EUR
Euro Swiss Franc 1 EUR = 1.616 CHF 1 CHF = 0.619 EUR
Japanese Yen Pound Sterling 1 JPY = 0.488 GBP 1 GBP = 2.050 JPY
Japanese Yen Australian Dollar 1 JPY = 1.007 AUD 1 AUD = 0.993 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.959 CAD 1 CAD = 1.042 JPY
Japanese Yen Swiss Franc 1 JPY = 0.991 CHF 1 CHF = 1.009 JPY
Pound Sterling Australian Dollar 1 GBP = 2.063 AUD 1 AUD = 0.485 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.966 CAD 1 CAD = 0.509 GBP
Pound Sterling Swiss Franc 1 GBP = 2.029 CHF 1 CHF = 0.493 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.952 CAD 1 CAD = 1.050 AUD
Australian Dollar Swiss Franc 1 AUD = 0.983 CHF 1 CHF = 1.017 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.032 CHF 1 CHF = 0.969 CAD

See what else happened on May 26, 2008