Bill Gross Gets Co-Manager After Acquisition

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Janus Capital is spending at least $85 million to buy a majority interest in Kapstream Capital, and one of the Australian-American bond fund’s founders will join Bill Gross’s fund as a co-manager.

Private Sector Adds 237,000 Jobs in June

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Private payrolls in the U.S. increased by 237,000 jobs in June, according to the ADP report. However, the outcome was near expectations and not seen changing forecasts for Thursday’s employment report from the Labor Department.

The Wider Costs of Banks Behaving Badly

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Mistrust of banks is hindering lending to small companies in the U.K. and so recovery in the economy and banks’ business opportunities.

Companies, Business Groups Blast Overtime Proposal

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Companies and business groups warned that a White House proposal to expand eligibility for overtime pay would curtail work hours and dent job growth as employers try to work around it to control costs.

Samsung-Elliott Fight Will Go More Rounds

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Elliott Management’s loss in a Korean court isn’t the end of the road for Samsung C&T shareholders.

Celgene Shoots for Moon With Juno

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Celgene’s new partnership with Juno is expensive, but the risk is well-considered.

Don't Tar Portugal with Greek Brush

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Portuguese bonds have been volatile due to Greece. But investors should look again at Portugal and Europe’s defensive qualities.

For Fed to Delay Rate Hikes, Global Tumult Would Need to Infect U.S.

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Central Banks Commentary: A wave of financial turbulence overseas could delay the Federal Reserve’s plans to raise short-term interest rates in the months ahead, but only if it ends up knocking the U.S. economy off track.

Your Many FICO Scores

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More lenders are showing customers a FICO score. But recipients need to understand they each have multiple FICO numbers.

Homeowners: Ensure You're Insured

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High-end homes face a greater likelihood of inadequate homeowners-insurance coverage in case of a total loss.

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