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.

 
 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
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.