Financial news on January 30, 2014
Business and Financial news
The issue, as the Republicans and their witnesses at the hearing they convened see it, is that the law defines full-time employment as working 30 hours a week, rather than 40. Read more..
Federal Reserve says it will continue to slowly dismantle its stimulus campaign; Fed's policy-making committee voted unanimously to pare monthly bond purchases by another $10 billion, despite lingering concerns about United States economy and growing signs that retreat is causing problems in emerging markets. Read more..
Mr. Mankell, 65, is author of a series of novels with the detective Kurt Wallander. He says he will write about his experiences in a newspaper column. Read more..
Turkish and South African currencies plummeted on Wednesday, despite emergency measures by their central banks. Read more..
Target says hackers who were behind holiday season theft of credit card data from millions of its customers were able to get into company's system using vendor's credentials; statement comes hours after Atty Gen Eric H Holder Jr says Justice Department is committed to finding those behind attack. Read more..
Gracenote will work with the data company Next Big Sound as it develops a system that would let almost any anyone create an Internet radio service. Read more..
Pres Obama, making good on State of the Union promise, orders creation of new employer-sponsored savings accounts intended to help more people get started saving for retirement; Treasury officials say program call myRA, which are intended for people who do not now have employer-sponsored savings plans, will operate much like Roth IRA’s. Read more..
Jenna Wortham State of the Art column on Fitbit Force, wristband that opens window into users' exercise habits, but still requires good bit of work; says like most fitness trackers, it has trouble distinguishing between different types of activities. Read more..
Study published in journal Nature finds that simple acid bath might turn out to be quicker and easier source of multipurpose stem cells than methods now in use; technique was developed by researchers at Riken Center for Developmental Biology in Kobe, Japan, and Brigham and Women’s Hospital and Harvard Medical School in Boston Read more..
Values are reported in US Dollars
|Wells Fargo & Co.||WFC||45.85||46.20||45.77||46.05||12.6M|
|Procter & Gamble||PG||78.05||78.05||76.77||76.87||9.45M|
|Walt Disney & Co.||DIS||72.09||73.63||72.00||73.22||7.55M|
|Johnson & Johnson||JNJ||89.62||89.78||89.01||89.50||6.87M|
|International Business Machines||IBM||177.17||177.86||176.36||177.36||4.85M|
Exchange Rates of January 30, 2014
|US Dollar||Japanese Yen||1 USD = 102.710 JPY||1 JPY = 0.010 USD|
|US Dollar||Canadian Dollar||1 USD = 1.116 CAD||1 CAD = 0.896 USD|
|US Dollar||Swiss Franc||1 USD = 0.903 CHF||1 CHF = 1.108 USD|
|US Dollar||Chinese Yuan||1 USD = 6.061 CNY||1 CNY = 0.165 USD|
|Euro||Japanese Yen||1 EUR = 139.230 JPY||1 JPY = 0.007 EUR|
|Euro||Pound Sterling||1 EUR = 0.822 GBP||1 GBP = 1.216 EUR|
|Euro||Australian Dollar||1 EUR = 1.541 AUD||1 AUD = 0.649 EUR|
|Euro||Canadian Dollar||1 EUR = 1.513 CAD||1 CAD = 0.661 EUR|
|Euro||Swiss Franc||1 EUR = 1.223 CHF||1 CHF = 0.817 EUR|
|Euro||Chinese Yuan||1 EUR = 8.213 CNY||1 CNY = 0.122 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.590 GBP||1 GBP = 1.694 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.106 AUD||1 AUD = 0.904 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 1.086 CAD||1 CAD = 0.921 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 0.879 CHF||1 CHF = 1.138 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 1.874 AUD||1 AUD = 0.534 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1.839 CAD||1 CAD = 0.544 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 1.488 CHF||1 CHF = 0.672 GBP|
|Pound Sterling||Chinese Yuan||1 GBP = 9.989 CNY||1 CNY = 0.100 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.981 CAD||1 CAD = 1.019 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.793 CHF||1 CHF = 1.261 AUD|
|Australian Dollar||Chinese Yuan||1 AUD = 5.329 CNY||1 CNY = 0.188 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 0.809 CHF||1 CHF = 1.237 CAD|
|Canadian Dollar||Chinese Yuan||1 CAD = 5.431 CNY||1 CNY = 0.184 CAD|
|Swiss Franc||Chinese Yuan||1 CHF = 6.711 CNY||1 CNY = 0.149 CHF|