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  • LOS ANGELES, July 10- "The Secret Life of Pets" dominated the weekend box office, racking up a massive $103.2 million and launching the first new franchise of the summer. Its success is a feather in the cap for Illumination chief Chris Meledandri, confirming his status among the ranks of animation giants. In the United States alone, Americans are expected to spend...

  • The U.S. Food and Drug Administration halted the trial after a patient died in May and two more died last week, Juno Chief Executive Officer Hans Bishop told reporters on a conference call. Seattle- based Juno said the deaths occurred after the chemotherapy agent fludarabine was added to the trial program. The company said it has proposed to the U.S. Food and Drug...

  • Shares of Juno fell 30 percent to $28.50 in after-hours trading on the Nasdaq after they closed at $40.82. A third trial patient died in May, Juno Chief Executive Officer Hans Bishop said during a conference call. The company said it has proposed to the U.S. Food and Drug Administration that the trial be continued using JCAR015 with just cyclophosphamide as a "...

  • Shares of Juno, which closed at $40.82 on Nasdaq, fell 30 percent to $28.50 in after-hours trading. Juno said the FDA asked that the company submit a revised patient consent form, investigator brochure, trial protocol, and a copy of the presentation made to the agency on Wednesday. Juno said it plans to submit the requested information to the FDA this week.

  • NEW YORK, July 7- Boeing Co is stepping up efforts to conserve cash, cut costs in its supply chain and trim inventory of parts in its factories, telling vendors it will take longer to pay bills, Boeing and aerospace industry executives said. Under the new terms, Boeing is taking up to 120 days to pay, rather than 30 days as in the past, these people said.

  • NEW YORK, July 7- Boeing Co is stepping up efforts to conserve cash, cut costs in its supply chain and trim inventory of parts in its factories, telling vendors it will take longer to pay bills, Boeing and aerospace industry executives said. Under the new terms, Boeing is taking up to 120 days to pay, rather than 30 days as in the past, these people said.

  • LOS ANGELES, June 30- An online petition accusing Starbucks Corp of "extreme" cutbacks in work hours at its U.S. cafes, hurting both employee morale and customer service, has been signed by more than 9,000 people. Starbucks Chief Executive Howard Schultz and other top brass have spoken with Jaime Prater, a Southern California barista and the online petition's...

  • NEW YORK/ LONDON, June 30- Commodities surged 13 percent this quarter in their biggest rally in over five years as investors who had shunned the asset class piled into safe-haven gold and bet on tighter supplies of oil and sugar. Bullion was one of a handful of assets across the financial markets to benefit from Britain's shock decision last week to exit the...

  • LOS ANGELES, June 30- Nearly 9,000 Starbucks Corp workers and supporters have signed an online petition saying that the company has made "extreme labor cuts" at U.S. cafes, hurting employee morale as well as customer service. Starbucks CEO Howard Schultz and other executives have spoken with Jaime Prater, a Southern California barista and the petition's creator,...

  • NEW YORK, June 30- When New York and California became the first states to lift the minimum hourly wage towards $15 earlier this year, New York state adopted a two-speed system that makes it a perfect testing ground for both advocates and opponents of government mandated pay hikes. While California set a state-wide schedule of reaching the $15 level by 2022, New...

  • NEW YORK, June 28- Annualized U.S. single-family home prices rose as expected in April, but were down slightly from the prior month, a survey showed on Tuesday. Last week's vote by Great Britain to leave the European Union is the most recent political concern while the U.S. elections in the fall raise uncertainty and will distract home buyers and investors in the...

  • NEW YORK, June 28- Annualized U.S. single-family home prices rose as expected in April, but were down slightly from the prior month, a survey showed on Tuesday. Last week's vote by Great Britain to leave the European Union is the most recent political concern while the U.S. elections in the fall raise uncertainty and will distract home buyers and investors in the...

  • June 27- Starbucks Corp for the first time will sell single-origin, premium coffee from India in the United States as part of its effort to support coffee production in the country better known for its tea. John Culver, group president for Starbucks Coffee China/ Asia Pacific, told Reuters that the aim is for this to be the "first step in what we hope will be many...

  • *Soda industry says Philadelphia success won't have ripple effect. NEW YORK, June 17- After funding a successful campaign to pass a soda tax in Philadelphia, billionaire Michael Bloomberg is preparing to back similar efforts in several other U.S. cities, giving new momentum to measures seeking to limit soft drink consumption. The former New York City mayor...

  • *Soda industry says Philadelphia success won't have ripple effect. NEW YORK, June 17- After successfully funding a campaign to pass a soda tax in Philadelphia, billionaire Michael Bloomberg is preparing to fund similar efforts in several other cities, giving new momentum to measures seeking to limit soft drink consumption. The former New York City mayor...

  • *Soda industry says Philadelphia success won't have ripple effect. NEW YORK, June 17- After successfully funding a campaign to pass a soda tax in Philadelphia, billionaire Michael Bloomberg is preparing to fund similar efforts in several other cities, giving new momentum to measures seeking to limit soft drink consumption. The former New York City mayor...

  • SEATTLE, June 14- For Seattle, home to cloud technology powerhouses Amazon Inc and Microsoft Corp, the process of upgrading the city's data systems is moving more at glacial dial-up speed than lightning-fast broadband. In 2014, Seattle hired a chief technology officer to move its aging data infrastructure to the cloud, meaning using remote servers run by...

  • June 13- Microsoft Corp will buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, a bold stroke by Microsoft CEO Satya Nadella in his efforts to make the venerable software company a major force in next-generation computing. The $196- per-share price tag represented a premium of almost 50 percent over LinkedIn's stock market value as of Friday, but was...

  • June 13- Microsoft Corp will buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, a bold stroke by Microsoft CEO Satya Nadella in his efforts to make the venerable software company a major force in next-generation computing. The $196- per-share price tag represented a premium of almost 50 percent over LinkedIn's stock market value as of Friday, but was...

  • NEW YORK, June 10- U.S. Ten-year yields in Germany, Japan and the United Kingdom all struck record lows on Friday. "There is some flight to safety because of concerns about' Brexit'," said Lou Brien, a market strategist at DRW Trading in Chicago.