TOP STORIES 
 
U.S. EMPLOYERS ADD 223,000 JOBS 

U.S. employers steadily added jobs in June, but wages were flat and the participation rate fell, suggesting pockets of weakness remain in the labor market. Unemployment fell to 5.3%.

BP TO PAY $18.7 BILLION TO SETTLE DEEPWATER HORIZON SPILL CLAIMS 

BP has agreed to pay $18.7 billion over 18 years to settle all federal and state claims arising from the Deepwater Horizon oil spill, five years after the accident.

U.S. STOCKS RISE AFTER JOBS REPORT 

U.S. stocks rose and bond prices strengthened as the latest U.S. jobs report reaffirmed investors' belief that the Federal Reserve would be patient in raising interest rates.

GLOBAL INFLATION STAYS LOW DESPITE STIMULUS 

The annual rate of inflation picked up across the Group of 20 largest economies in May, but remained well below desired levels across developed nations.

U.S. JOBLESS CLAIMS RISE TO 281,000 

The number of Americans filing new claims for jobless benefits rose last week, but the level remains historically low.

GE'S DIVESTITURE PLANS HIT HURDLES 

The Justice Department sued to block General Electric's planned $3.3 billion sale of its appliance business to Electrolux, leaving the company with marquee deals in regulatory limbo on two continents.

INTEL PRESIDENT RENÉ E JAMES TO LEAVE 

Intel said Thursday that president René e James is stepping down to pursue a chief executive role outside the company.

GREECE'S SYRIZA SPARS OVER BAILOUT STRATEGY 

A new proposal for budget cuts and policy overhauls from Greek Prime Minister Alexis Tsipras was dismissed by European officials as insufficient to revive negotiations over a new bailout.

ECB OFFICIALS DECIDED TO 'LOOK THROUGH' MARKET VOLATILITY 

ECB officials decided to look through the volatility in financial markets that occurred in the weeks before the bank's June 3 meeting, the minutes of that meeting showed.

MEDICAID INSURERS TO MERGE IN $6.3 BILLION DEAL 

Centene agreed to buy Health Net for about $6.3 billion in a move that will boost the Medicaid-focused health insurer's presence in the western U.S.

TESLA DELIVERIES SURGE BY 52% 

Tesla Motors said it delivered 11,507 Model S sedans in the second quarter of the year, a 52% increase over the prior-year period and a company record.

UNIVISION FILES FOR IPO 

Spanish-language broadcaster Univision launched the process for an IPO in a filing Thursday with the Securities and Exchange Commission.

IRAN NUCLEAR TALKS: NO BREAKTHROUGH YET SAYS U.K. FOREIGN SECRETARY 

Nuclear negotiations between Iran and the six power group haven't hit a "breakthrough moment," U.K. Foreign Secretary Philip Hammond said Thursday.

BRAZIL FEDERAL POLICE ARREST ANOTHER FORMER PETROBRAS EXECUTIVE 

Brazil's federal police have arrested another former executive of state-run energy company Petró leo Brasileiro SA.

OIL PRICES GET SMALL BOOST FROM DOLLAR'S SLIP 

Oil prices were up modestly on Thursday, reacting again to a falling dollar after a data release showed slightly fewer U.S. job gains than expected.

EU'S ETS NEEDS MORE OVERSIGHT 

The European Commission should consider some changes to the bloc's emissions trading system to further improve the working of the carbon market and increase investor confidence.

BBC TO CUT OVER 1,000 JOBS 

The British Broadcasting Corp., the U.K.'s venerable state-funded broadcaster, said Thursday it is cutting more than 1,000 jobs to cope with the increasing migration of television viewers to the Internet.

ENERGIZER INITIATES DIVIDEND, BOOSTS BUYBACKS AFTER SPINOFF 

Energizer Holdings, fresh from spinning off its personal-products business, has declared a first-time 25 cent dividend and approved the repurchase of an additional 7.5 million shares of common stock.

BARNES & NOBLE TAPS SEARS CANADA CHIEF 

Barnes & Noble hired Sears Canada Chief Executive Ronald Boire to lead its retail business as the company readies for its college books spinoff.

TRAIN CARRYING TOXIC GAS DERAILS IN TENNESSEE 

A tank car containing a hazardous flammable chemical derailed and caught fire just south of Knoxville, Tenn., causing the evacuation of 5,000 residents within a two-mile radius of the crash.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Wealth Management Journal 
ADVISERS: GREEK CRISIS CREATING A BUYING OPPORTUNITY 
 

Financial advisers are buying U.S. and European stocks they believe have fallen too far and too fast in an overreaction to Greece's debt woes.

 
Economics Blog 
HILSENRATH ANALYSIS: JOBS REPORT KEEPS FED ON TRACK FOR 2015 RATE INCREASE 
 

The Labor Department's June employment report broadly confirmed the Federal Reserve's narrative about how the U.S. economic expansion is unfolding in 2015.