Financial news on May 28th, 2009

Business and Financial news
Bringing Order to the Chaos of Notes

It is becoming easier to break free of paper and pen and instead rely on computers to take notes that can be archived, cataloged and searched. Read more..

By FARHAD MANJOO - The New York Times

China Is Said to Plan Strict Gas Mileage Rules

New Chinese fuel economy rules would be even more stringent than the United States standards that President Obama is seeking to impose. Read more..

By KEITH BRADSHER - The New York Times

‘Idol’ Producers Stand by Outcome

The companies said that free text-messaging services offered to fans of the eventual winner did not influence the outcome. Read more..

By EDWARD WYATT - The New York Times

Inflation Fears Push Up Bond Yields

Investors have been far more willing to buy short-term Treasury bonds, widening the yield gap between two-year and 10-year notes. Read more..

By JACK HEALY - The New York Times

Linux Revamped for Netbooks

My netbook came with SUSE Linux, but I want to use Ubuntu Linux. What’s the easiest way to change? Read more..

By J. D. BIERSDORFER - The New York Times

More Small Banks Ailing as Recession Toll Mounts

The F.D.I.C. says that it has placed 305 banks, many small or midsize, on its list of “problem” institutions, the most since 1994. Read more..

By GRAHAM BOWLEY - The New York Times

Talks Fail to Secure Deal on Loan for G.M.’s European Unit

German officials narrowed the field of potential buyers of Opel and the rest of G.M.’s European operations to two companies, but failed to agree on a crucial bridge loan to keep Opel afloat. Read more..


The MP3 Experiment

Last Saturday, Improv Everywhere staged its sixth annual MP3 Experiment, and it was open to anyone who wanted to play along. My son and I did. Read more..

By DAVID POGUE - The New York Times

Using Art in Google Docs

I used the drawing feature in Google Docs to put a graphic in a document, but how do I export the thing as a Word file to get it out of the cloud? Read more..

By J. D. BIERSDORFER - The New York Times

Wife Seeks Say in S.E.C. Suit

Susan Stanford has asked for permission to intervene in the regulatory case accusing her estranged husband of running an $8 billion pyramid scheme. Read more..

By BLOOMBERG NEWS - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
Wells Fargo & Co.WFC24.1724.7723.2224.77129M
General ElectricGE13.2313.2812.8113.1982.5M
JPMorgan ChaseJPM35.1436.6734.6036.6566.1M
Cisco SystemsCSCO18.3518.6618.0618.5153.1M
Home DepotHD23.6323.6322.3322.7027.2M
AT&T Inc.T24.2224.8324.0124.6326.4M
Oracle Corp.ORCL19.0119.3718.8319.2125.6M
Procter & GamblePG52.2652.6751.1152.5916.6M
HP Inc.HPQ34.3535.0834.2034.7016.6M
Verizon CommunicationsVZ29.1229.4628.9029.2715.6M
Wal-Mart StoresWMT49.5149.7948.9249.5515.4M
Abbott LaboratoriesABT44.2244.8944.1744.6012.4M
Walt Disney & Co.DIS24.0724.4023.4923.9912.3M
Bristol-Myers SquibbBMY19.7019.8019.5019.5712.1M
Johnson & JohnsonJNJ54.2554.9253.8654.5310.9M
UnitedHealth GroupUNH27.4628.3727.0727.199.96M
Gilead SciencesGILD41.5442.4741.3342.027.34M
International Business MachinesIBM103.34105.14102.68104.696.13M
United TechnologiesUTX51.8652.5750.9552.385.01M
Union PacificUNP45.7545.8444.0045.564.93M
Berkshire HathawayBRK.B2930.002963.002890.002900.0032.1K
Exchange Rates of May 28th, 2009
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 96.970 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.115 CAD1 CAD = 0.897 USD
US DollarSwiss Franc1 USD = 1.085 CHF1 CHF = 0.922 USD
US DollarChinese Yuan1 USD = 6.829 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 135.090 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.874 GBP1 GBP = 1.144 EUR
EuroAustralian Dollar1 EUR = 1.776 AUD1 AUD = 0.563 EUR
EuroCanadian Dollar1 EUR = 1.553 CAD1 CAD = 0.644 EUR
EuroSwiss Franc1 EUR = 1.512 CHF1 CHF = 0.661 EUR
Japanese YenPound Sterling1 JPY = 0.647 GBP1 GBP = 1.545 JPY
Japanese YenAustralian Dollar1 JPY = 1.314 AUD1 AUD = 0.761 JPY
Japanese YenCanadian Dollar1 JPY = 1.149 CAD1 CAD = 0.870 JPY
Japanese YenSwiss Franc1 JPY = 1.119 CHF1 CHF = 0.894 JPY
Pound SterlingAustralian Dollar1 GBP = 2.031 AUD1 AUD = 0.492 GBP
Pound SterlingCanadian Dollar1 GBP = 1.776 CAD1 CAD = 0.563 GBP
Pound SterlingSwiss Franc1 GBP = 1.729 CHF1 CHF = 0.579 GBP
Pound SterlingChinese Yuan1 GBP = 10.867 CNY1 CNY = 0.092 GBP
Australian DollarCanadian Dollar1 AUD = 0.874 CAD1 CAD = 1.145 AUD
Australian DollarSwiss Franc1 AUD = 0.851 CHF1 CHF = 1.176 AUD
Canadian DollarSwiss Franc1 CAD = 0.973 CHF1 CHF = 1.028 CAD
Canadian DollarChinese Yuan1 CAD = 6.126 CNY1 CNY = 0.163 CAD

See what else happened on May 28th, 2009