Euro Exchange Rate

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Business News
JPMorgan's Dimon says will testify before Congress
WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws. [ Read more ]
Nervous investors send S&P lower for fifth day
NEW YORK (Reuters) - Stocks hit a four-month low on Thursday as rising Spanish bond yields increased investor anxiety over that country's banks and another round of weak data undermined hopes for U.S. economic recovery. [ Read more ]
Gap raises profit expectations, shares rise
(Reuters) - Gap Inc raised its yearly profit forecast, prompted by first-quarter earnings that topped Wall Street estimates and rising sales, sending its shares up 8 percent in extended trading. [ Read more ]
Facebook prices at top of range in landmark IPO
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at $38 a share, giving the world's No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history. [ Read more ]
Appeals court revives POM lawsuit versus Coca-Cola
SAN FRANCISCO (Reuters) - An appeals court on Thursday revived part of a lawsuit against Coca-Cola Co in which POM Wonderful LLC accused Coke of falsely advertising its "Pomegranate Blueberry" juice product. [ Read more ]
NYC Comptroller opposes re-election of Chesapeake directors
(Reuters) - New York City Comptroller John Liu, the city's fiscal watchdog, on Thursday urged shareholders of Chesapeake Energy Corp to withhold support for two directors up for re-election, citing the company's recent governance woes. [ Read more ]