Switzerland Defends Franc With Cash Reserve Boost

Aug. 7 (Bloomberg) -- Bloomberg's Sara Eisen reports that the Swiss central bank’s foreign-currency reserves surged to a record in July as the euro region’s increasing turmoil forced policy makers to step up their defense of the franc ceiling. Switzerland’s cash pile swelled 11.3 percent in the month, pushing holdings to 71 percent of gross domestic product. She speaks on Bloomberg Television's "In The Loop."

Google CEO Awarded $199M in Record Stock Grant
26:27 - David Kirkpatrick, chief executive officer at Techonomy, and Bloomberg's Caleb Melby discuss Alphabet awarding Google's CEO with restricted stock worth about $199M. They speak to Bloomberg's Emily Chang on "Bloomberg West." (Source: Bloomberg)
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