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US economy looks strong with 287,000 jobs added in June

  Washington / AFP US employers added new workers at a surprisingly strong rate in June after an unnerving stall in May, in a clear demonstration of economic resilience, the Labor Department reported. The much better-than-expected numbers gave a boost to markets in the US and Europe, which have been battered down by worries that Britain’s vote to withdraw from ...

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CBS Radio files for IPO as parent plans to jettison business

  Bloomberg CBS Radio Inc., a division of CBS Corp., filed for an initial public offering as one of the nation’s oldest broadcasters prepares to leave the shrinking AM/FM radio business. The company filed for an initial offering of $100 million, a placeholder amount that’s used to calculate fees and will probably change. CBS Radio plans to take on debt ...

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Juno Therapeutics shares dive as clinical test halted after 2 deaths

  New York / BLOOMBERG Shares of Juno Therapeutics plunged after regulators suspended a clinical trial of a leukemia treatment following two patient deaths last week. The two patient deaths occurred after Juno recently added fludarabine to its chemotherapy regime that accompanies its cell treatment for acute lympoblastic leukemia. Juno, in a statement released after markets closed on Thursday, said ...

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