Financial news on September 01, 2008

Business and Financial news
Another Voice Warns of an Innovation Slowdown

Judy Estrin’s book is the latest call to action by scientists, technologists and political leaders worried about the country’s future competitiveness in technology. Read more..

By CLAIRE CAIN MILLER - The New York Times

A Prophet of Katrina’s Wrath Returns to His Storm Vigil

In 2002, Mark Schleifstein and his colleagues published a five-day report about the vulnerabilities Louisiana would face if a major hurricane hit. And three years later, the time came. Read more..

By BRIAN STELTER - The New York Times

Commerzbank to Acquire Allianz’s Banking Arm for $14 Billion

Under the terms of the deal, Commerzbank will initially acquire 60.2 percent of Dresdner, one of the oldest German banks, and will buy the remainder by the end of next year. Read more..

By DAVID JOLLY - The New York Times

Googling in Person to Make Friends

Advertisers are grappling with the idea of Google, which spent many of its early years avoiding — and infuriating — advertising agencies, now shifting to embrace them. Read more..

By STEPHANIE CLIFFORD - The New York Times

In Denver, a Thousand Little Pieces

The new media players who came to the Democratic convention were not there just to annotate mainstream coverage: they’re in the hunt themselves. Read more..

By DAVID CARR - The New York Times

Is a Coke Promotion Betraying Its Loyalists?

Changes in a loyalty program for Coke drinkers has upset some collectors of bottle-cap codes. Read more..

By STEPHANIE CLIFFORD - The New York Times

Network Promotes Fall Show by Not Letting Anyone See It

The CW marketing philosophy was old-fashioned and basic: do not give the show to anybody. Not to Web sites that might stream it or critics who might savage it. Read more..

By BILL CARTER - The New York Times

Treasury Auctions Set for This Week

The Treasury’s schedule of financing this week included the regular weekly auction on Thursday of new three- and six-month bills and an auction of four-week bills on Tuesday. Read more..

By THE NEW YORK TIMES - The New York Times

Exchange Rates of September 01, 2008
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 108.130 JPY 1 JPY = 0.009 USD
US Dollar Canadian Dollar 1 USD = 1.067 CAD 1 CAD = 0.937 USD
US Dollar Swiss Franc 1 USD = 1.102 CHF 1 CHF = 0.907 USD
US Dollar Chinese Yuan 1 USD = 6.829 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 157.640 JPY 1 JPY = 0.006 EUR
Euro Pound Sterling 1 EUR = 0.811 GBP 1 GBP = 1.234 EUR
Euro Australian Dollar 1 EUR = 1.718 AUD 1 AUD = 0.582 EUR
Euro Canadian Dollar 1 EUR = 1.557 CAD 1 CAD = 0.642 EUR
Euro Swiss Franc 1 EUR = 1.608 CHF 1 CHF = 0.622 EUR
Japanese Yen Pound Sterling 1 JPY = 0.514 GBP 1 GBP = 1.946 JPY
Japanese Yen Australian Dollar 1 JPY = 1.089 AUD 1 AUD = 0.918 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.988 CAD 1 CAD = 1.013 JPY
Japanese Yen Swiss Franc 1 JPY = 1.020 CHF 1 CHF = 0.980 JPY
Pound Sterling Australian Dollar 1 GBP = 2.119 AUD 1 AUD = 0.472 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.921 CAD 1 CAD = 0.520 GBP
Pound Sterling Swiss Franc 1 GBP = 1.984 CHF 1 CHF = 0.504 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.906 CAD 1 CAD = 1.104 AUD
Australian Dollar Swiss Franc 1 AUD = 0.936 CHF 1 CHF = 1.069 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.032 CHF 1 CHF = 0.969 CAD

See what else happened on September 01, 2008