TOP STORIES
U.S. JOBLESS CLAIMS RISE TO 282,000
The number of Americans filing new claims for jobless benefits
rose last week, but the level remains consistent with an economy
that is adding jobs.
U.S. STOCKS RETREAT
U.S. stocks pulled back Thursday, one day after the Nasdaq
Composite established a record high.
RIVAL CHIP MAKER TO BUY BROADCOM
Chip maker Avago Technologies agreed to buy rival Broadcom for
$37 billion, the latest deal in busy semiconductor space.
FIFA FACES MOUNTING PRESSURE FROM SPONSORS
The day after FIFA was plunged into crisis by a sprawling
corruption scandal, soccer's world governing body was under
mounting pressure from some of its largest sponsors and national
governments.
GREECE AIMS TO STRIKE DEAL WITH CREDITORS BY SUNDAY
Greece aims to have an agreement with its international
creditors by Sunday, a government spokesman said, despite warnings
from creditors that it is still far from offering sufficient
economic overhauls to unlock bailout cash.
EUROPEAN STOCKS SLIP AS GREECE TALKS CONTINUE
European stocks slipped, wiping out the previous session's late
rally that was spurred by hopes Greece is close to reaching a deal
with its creditors.
J&J ACCEPTS CARDINAL HEALTH OFFER FOR HEART BUSINESS
Johnson & Johnson formally accepted Cardinal Health's offer
to buy its heart-product business for about $1.94 billion in
cash.
LIBOR ACCUSED RECEIVED HELP FROM BOSS, EVIDENCE SHOWS
Tom Hayes, the former UBS trader accused of being the ringleader
of a global interest-rate-rigging conspiracy, received a helping
hand from his boss, according to evidence presented at his London
trial on Thursday.
ECB UPS PRESSURE FOR SWIFT GREECE DEAL
The European Central Bank said protracted Greece talks could
worsen borrowing conditions for other eurozone countries.
RBC'S PROFIT CLIMBS 14%
Royal Bank of Canada reported a 14% increase in profit, helped
by stronger earnings in its domestic-banking and capital-markets
operations.
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Economics Blog
WILLIAMS SAYS FED LIKELY TO RAISE RATES AT SOME POINT THIS YEAR
The Federal Reserve will likely raise interest rates at some
point this year as the economy rebounds from a weak first quarter,
San Francisco Fed President John Williams said Thursday.
Washwire Blog
CAPITAL JOURNAL DAYBREAK: CLINTON RETOOLS HER APPROACH, MORE
The Capital Journal Daybreak newsletter is The Wall Street
Journal's morning rundown of the biggest news stories and exclusive
features from Washington on politics, policy, financial regulation,
defense and more.