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  • FOREX-Dollar ends winning month mixed Friday, 29 May 2015 | 3:25 PM ET

    Euro ahead on Greece hopes. NEW YORK, May 29- The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.. "Underlying sentiment remains positive but the dollar is seeing some profit taking...

  • PARIS, May 29- Airbus Group announced the creation of a $150 million venture capital fund and said it had hired a Google executive to run a new centre in Silicon Valley as it seeks to wave a digital wand over its heavy-manufacturing culture. Airbus Group Chief Executive Tom Enders announced the centre's creation on Wednesday, saying it would provide promising...

  • American Express president dies suddenly on flight Friday, 29 May 2015 | 3:17 PM ET

    NEW YORK— American Express says president Ed Gilligan died suddenly Friday after falling ill while flying on a corporate plane to New York. The company says the 55- year-old executive was coming back from a business trip. Gilligan began working at American Express Co. 35 years ago as an intern and became president of the credit card company in 2013..

  • May 29- Humana Inc is considering selling itself after receiving multiple expressions of takeover interest, a person familiar with the matter said on Friday, highlighting the potential for further consolidation in the U.S. health insurance industry. Humana is working with investment bank Goldman Sachs Group Inc on the potential sale, the person said, asking...

  • NEW YORK, May 29- Shares of U.S. automakers may finally be able to accelerate. "This is going to be one of the best months ever," said David Kudla, chief investment strategist of Mainstay Capital Management in Grand Blanc, Michigan. Kudla sees May sales approaching $40 billion, not far from the $40.3 billion record in August 2014.

  • NEW YORK, May 29- Oil prices jumped almost 5 percent on Friday, their biggest rally in a month and a half, as a steady U.S. dollar and a bigger than expected drop in oil rigs set off a renewed rush of bullish bets. Brent crude settled at $65.56 a barrel, up $2.98, or 4.8 percent, on the day. U.S. crude has risen by as much as $4 a barrel after hitting a one-month low just a day ago,...

  • More than 150,000 folding knives are being recalled because of a faulty locking mechanism that can result in lacerations. Other consumer products being recalled this week include night lights and bicycles. They were sold at Bass Pro Shops, Cabela's, Home Depot, other retailers nationwide and online at www.gerbergear.com and other online sporting goods...

  • *Intel to offer $54 per share- source. May 29- Intel Corp has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. The deal will allow Intel to bundle its own server chips with Altera's line of programmable chips,...

  • ATLANTIC CITY, N.J.— A company that wants to build windmills off the coast of Atlantic City will take its case to the New Jersey Supreme Court following an appellate court's rejection of the plan. "The court deferred to the Board of Public Utilities' judgment that our proposed Chinese partner did not have English-language financials," he said.

  • NEW YORK, May 28- Allison Armour loves fashion, but doesn't need to keep it in her closet. Armour, a marketing manager for a nonprofit in Oakland, California, has picked up skirts and shirts, Oxford shoes for $30, a J.Crew trench coat for $40 and a Dooney& Bourke satchel for $150, less than half its retail price. About 85 percent of people aged 18 to 34 own them, according to...

  • High-yield bond funds: Love them or leave them? Friday, 29 May 2015 | 2:07 PM ET

    NEW YORK— Don't know what to make of the junk-bond market? One month, dollars are flooding into junk-bond mutual funds and exchange-traded funds. But skittishness has been particularly high, with $9.3 billion fleeing junk-bond funds in December only for $9.6 billion to go right back in two months later.

  • HONOLULU— Hawaii County's top prosecutor said Friday he will dismiss charges against about 10 of the 31 protesters who were arrested while blocking construction of a giant telescope on a mountain held sacred by Native Hawaiians. Prosecuting Attorney Mitch Roth told The Associated Press he will drop the cases against those charged with trespassing, though...

  • Outsized investment returns and strong inflows have seen Wellington's assets under management grow to $939 billion at the end of March from $834 billion at the end of 2013, putting it on track to join the exclusive club of money managers running more than $1 trillion by as early as this year. While smart stock picking has helped, the company's growth has also...

  • CHICAGO— For the first time, a major study shows that a drug targeting the body's disease-fighting immune system may improve survival for the most common form of lung cancer. Doctors also may have found a way to help predict which patients would respond best to one of these newer treatments, according to research presented at the Chicago meeting.

  • 10 PCT OF OPDIVO PATIENTS EXPERIENCE SERIOUS SIDE EFFECTS VS MORE THAN 50 PCT FOR CHEMOTHERAPY-STUDY.

  • OPDIVO BENEFIT SIGNIFICANTLY HIGHER IN LUNG CANCER TUMORS WITH HIGH LEVEL OF PD-L1 PROTEIN-STUDY.

  • Chicago May 29- Bristol-Myers Squibb Co's drug, Opdivo, improved survival for patients with the most common form of lung cancer, nearly doubling survival for those with high levels of a specific protein in their tumors compared with chemotherapy, according to clinical trial results presented on Friday. The Bristol drug was approved by U.S. regulators in...

  • BRISTOL'S OPDIVO CUTS DEATH RISK 27 PCT IN ADVANCED NON-SQUAMOUS NON-SMALL CELL LUNG CANCER-STUDY.

  • BRISTOL-MYERS SQUIBB'S OPDIVO EXTENDS SURVIVAL IN ADVANCED NON-SQUAMOUS NON-SMALL CELL LUNG CANCER-STUDY.

  • May 29- Health insurer Humana Inc is considering selling itself and it has received indications of takeover interest, the Wall Street Journal reported, citing sources familiar with the matter. Aetna Inc and Cigna Corp are among the possible bidders for Humana, the Journal reported. Humana, Aetna and Cigna could not be immediately reached for comment.