Financial news on July 05, 2015

Business and Financial news
China Moves to Stabilize Stock Markets; Initial Offerings Halted

Twenty-one of China's largest brokerage firms unveil government-endorsed plan to buy shares of stock and stop selling shares in their own portfolios in effort to halt decline in country's stock markets; some experts say move may not be enough to stop precipitous declines. Read more..

By KEITH BRADSHER and CHRIS BUCKLEY - The New York Times

In Health Law, a Boon for Diet Clinics

Provision in Affordable Care Act requiring health insurers to pay for nutrition and obesity screening has been boon to for-profit diet clinics that are overseen by doctors, leading to estimates that medical weight-loss programs will grow about 5 percent per year through 2019; possibility of massive growth in industry has focused attention on intense debate about the best ways doctors can help patients lose weight. Read more..

By RACHEL ABRAMS and KATIE THOMAS - The New York Times

Jake Wobbrock of AnswerDash: Lead With Strengths, and Weaknesses

Adam Bryant Corner Office column features interview with Jake Wobbrock, founding chief executive of AnswerDash, provider of automated customer service for websites. Read more..

By ADAM BRYANT - The New York Times

Pass the Coleslaw

Why Lynn Lempel’s puzzles make me smile. Read more..

By DEB AMLEN - The New York Times

Sonny Madrid, 70, Dies; Illuminated Chicano Life in Lowrider Magazine

Sonny Madrid, Chicano political activist and founder of Lowrider magazine, dies at age 70. Read more..

By JON CARAMANICA - The New York Times

Top-Selling Diet Drug Phentermine Is Cheap and Easy to Get

Phentermine, one of ingredients in popular 1990s weight-loss treatment known as fen-phen, is generic and easily procured by people looking for inexpensive high; stimulant has long history of abuse, but regulators rarely pursue doctors who prescribe drug indiscriminately because they are focused on controlling more dangerous drugs. Read more..

By KATIE THOMAS - The New York Times

Unicorn: A Fitting Label for Its Time and Place

While Silicon Valley tried to separate tech winners from losers for decades, until 2013 it had not really coined a name for the kind of start-ups the industry most treasured. Read more..

By FARHAD MANJOO - The New York Times

Exchange Rates of July 05, 2015
CurrenciesExchange Rates
US DollarEuro1 USD = 0,907 EUR1 EUR = 1,103 USD
US DollarJapanese Yen1 USD = 122,370 JPY1 JPY = 0,008 USD
US DollarPound Sterling1 USD = 0,643 GBP1 GBP = 1,556 USD
US DollarAustralian Dollar1 USD = 1,335 AUD1 AUD = 0,749 USD
US DollarCanadian Dollar1 USD = 1,260 CAD1 CAD = 0,794 USD
US DollarSwiss Franc1 USD = 0,943 CHF1 CHF = 1,061 USD
US DollarMexican Peso1 USD = 15,779 MXN1 MXN = 0,063 USD
US DollarSwidish Krona1 USD = 8,498 SEK1 SEK = 0,118 USD
EuroJapanese Yen1 EUR = 134,877 JPY1 JPY = 0,007 EUR
EuroPound Sterling1 EUR = 0,708 GBP1 GBP = 1,412 EUR
EuroAustralian Dollar1 EUR = 1,472 AUD1 AUD = 0,680 EUR
EuroCanadian Dollar1 EUR = 1,388 CAD1 CAD = 0,720 EUR
EuroSwiss Franc1 EUR = 1,039 CHF1 CHF = 0,962 EUR
EuroMexican Peso1 EUR = 17,392 MXN1 MXN = 0,057 EUR
EuroSwidish Krona1 EUR = 9,366 SEK1 SEK = 0,107 EUR
Japanese YenPound Sterling1 JPY = 0,005 GBP1 GBP = 188,679 JPY
Japanese YenAustralian Dollar1 JPY = 0,011 AUD1 AUD = 91,743 JPY
Japanese YenCanadian Dollar1 JPY = 0,010 CAD1 CAD = 97,087 JPY
Japanese YenSwiss Franc1 JPY = 0,008 CHF1 CHF = 129,870 JPY
Japanese YenMexican Peso1 JPY = 0,129 MXN1 MXN = 7,752 JPY
Japanese YenSwidish Krona1 JPY = 0,069 SEK1 SEK = 14,409 JPY
Pound SterlingAustralian Dollar1 GBP = 2,078 AUD1 AUD = 0,481 GBP
Pound SterlingCanadian Dollar1 GBP = 1,960 CAD1 CAD = 0,510 GBP
Pound SterlingSwiss Franc1 GBP = 1,467 CHF1 CHF = 0,682 GBP
Pound SterlingMexican Peso1 GBP = 24,553 MXN1 MXN = 0,041 GBP
Pound SterlingSwidish Krona1 GBP = 13,222 SEK1 SEK = 0,076 GBP
Australian DollarCanadian Dollar1 AUD = 0,943 CAD1 CAD = 1,060 AUD
Australian DollarSwiss Franc1 AUD = 0,706 CHF1 CHF = 1,417 AUD
Australian DollarMexican Peso1 AUD = 11,827 MXN1 MXN = 0,085 AUD
Australian DollarSwidish Krona1 AUD = 6,362 SEK1 SEK = 0,157 AUD
Canadian DollarSwiss Franc1 CAD = 0,748 CHF1 CHF = 1,337 CAD
Canadian DollarMexican Peso1 CAD = 12,535 MXN1 MXN = 0,080 CAD
Canadian DollarSwidish Krona1 CAD = 6,743 SEK1 SEK = 0,148 CAD
Swiss FrancMexican Peso1 CHF = 16,745 MXN1 MXN = 0,060 CHF
Swiss FrancSwidish Krona1 CHF = 9,010 SEK1 SEK = 0,111 CHF

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