Financial news on January 1st, 2007

Business and Financial news
2006 Called the Deadliest Year for Journalists and Media Workers

There were at least 155 killings and unexplained deaths of journalists and news media workers worldwide in 2006, 68 of which occurred in Iraq. Read more..

By DOW JONES/AP - The New York Times

At Sea With a Book to Read, and the Author of It, Too

A growing genre of cruises feature popular authors who give readings and seminars — even knitting lessons — to boatfuls of book lovers. Read more..

By AMY CORTESE - The New York Times

Costly Gift From Microsoft Is an Invitation to Blog

The gift of laptops loaded with Windows Vista is only the latest of Microsoft’s efforts to engage the technologically aware, and often anti-Microsoft, blogging community. Read more..

By MARIA ASPAN - The New York Times

Marsh & McLennan to Sell Putnam Funds to Canadian Group

The sale of Putnam Investments to the Power Corporation of Canada will allow Power to establish a foothold in the U.S. mutual fund business. Read more..

By JOSEPH B. TREASTER - The New York Times

New Journal Hits a Closed Market

Wall Street is shutting down to mark the death of former President Gerald R. Ford on the same day The Wall Street Journal is launching its new design. Read more..

By KATHARINE Q. SEELYE - The New York Times

Satellite Radio May Try a Merger

If XM and Sirius merged, the new company could reduce programming costs by pruning redundant channels and redundant employees. Read more..

By ERIC A. TAUB - The New York Times

Share Grandma’s Birthday, With Music and Animation, a start-up based in Redmond, Wash., offers customers the opportunity to build online scrapbooks with animation, music and artwork. Read more..

By BOB TEDESCHI - The New York Times

Studios’ DVDs Face a Crack in Security

An anonymous computer programmer claims to have hacked the copy protection used in both the HD-DVD and Blu-ray high-definition DVD formats. Read more..

By JOHN MARKOFF - The New York Times

The Lonely Newspaper Reader

What does the sale by the McClatchy Company of The Minneapolis Star Tribune at a reduced price to a private equity group say about the future of newspapers? Read more..

By DAVID CARR - The New York Times

The Sleepy Subject of Canada’s Grain Exports Perks Up

Plans to strip the Canadian Wheat Board of its monopoly control over most of the country’s wheat and barley exports have provoked an ideological clash over open markets. Read more..

By IAN AUSTEN - The New York Times

Exchange Rates of January 1st, 2007
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 119.020 JPY1 JPY = 0.008 USD
US DollarCanadian Dollar1 USD = 1.166 CAD1 CAD = 0.858 USD
US DollarSwiss Franc1 USD = 1.218 CHF1 CHF = 0.821 USD
EuroJapanese Yen1 EUR = 157.130 JPY1 JPY = 0.006 EUR
EuroPound Sterling1 EUR = 0.674 GBP1 GBP = 1.485 EUR
EuroAustralian Dollar1 EUR = 1.672 AUD1 AUD = 0.598 EUR
EuroCanadian Dollar1 EUR = 1.539 CAD1 CAD = 0.650 EUR
EuroSwiss Franc1 EUR = 1.609 CHF1 CHF = 0.622 EUR
Japanese YenPound Sterling1 JPY = 0.429 GBP1 GBP = 2.334 JPY
Japanese YenAustralian Dollar1 JPY = 1.063 AUD1 AUD = 0.940 JPY
Japanese YenCanadian Dollar1 JPY = 0.979 CAD1 CAD = 1.022 JPY
Japanese YenSwiss Franc1 JPY = 1.024 CHF1 CHF = 0.977 JPY
Pound SterlingAustralian Dollar1 GBP = 2.482 AUD1 AUD = 0.403 GBP
Pound SterlingCanadian Dollar1 GBP = 2.284 CAD1 CAD = 0.438 GBP
Pound SterlingSwiss Franc1 GBP = 2.387 CHF1 CHF = 0.419 GBP
Australian DollarCanadian Dollar1 AUD = 0.920 CAD1 CAD = 1.087 AUD
Australian DollarSwiss Franc1 AUD = 0.962 CHF1 CHF = 1.040 AUD
Canadian DollarSwiss Franc1 CAD = 1.045 CHF1 CHF = 0.957 CAD

See what else happened on January 1st, 2007