June Hiring Surge Signals Resilient U S Economy
June added 287000 jobs the strongest gain since October 2015 suggesting resilience amid global weakness from Brexit. Unemployment rose to 4.9 percent as job seekers increased, with gains across manufacturing professional services retail and health care. Fed cautious on rate hikes while Brexit spillovers on the U S are likely small. Cava Grill raises starting pay to 13 an hour to attract workers.
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Stocks finish near record as job data boosts market
U S stock indices rose on a strong June jobs report with 287000 new positions, lifting the Dow 250.86 to 18146.74 and the S&P 500 to 2129.90 while the Nasdaq gained 79.95. Traders cited improving wage signals and solid consumer demand as momentum steadies amid global growth concerns. Polycom jumped on a go private deal, while Juno Therapeutics fell 31.9 percent after halting a mid stage trial following patient deaths.
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Edward Jones
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Siris
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Juno
OhioHealth O'Bleness launches month-long fundraising drive
The hospital's associates across departments participated in a campaign that topped last year's 7,542. Asti Payne of the food bank says each dollar funds five meals for local families. The drive will supply over 296 pounds of food per the press release.
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Asti Payne
Food Bank
Ohio man awarded 500000 in punitive damages in DuPont case
A federal jury in Columbus ordered DuPont to pay 500000 in punitive damages to David Freeman in a chemical illness suit. The panel previously awarded 51 million in compensatory damages for cancer linked to C8 from Teflon production, finding malice in releasing tainted water into the Ohio River.
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Columbus Dispatch
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