RPT-Aetna meets with Justice Department over merger with Humana and other top stories.

• RPT-Aetna meets with Justice Department over merger with Humana

  

  (Repeats story for wider distribution)By Caroline Humer and Diane BartzNEW YORK/WASHINGTON, July 8 Aetna Inc executives met with top Justice Department antitrust officials on Friday to convince the government that asset sales it proposed would address potential competitive problems that could threaten its deal to buy rival Humana Inc, according to a source familiar with the matter.Aetna's plan to buy Humana would combine two of the largest providers of Medicare Advantage plans for elderly peo..

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• Brexit vote roils London real estate market - Winston

  

  LONDON — Henry Pryor, who has helped people buy homes in London for more than 30 years, says only war would be a bigger threat to the housing market than the conditions it faces now after Britain’s vote to leave the European Union. In addition to the vote, the prime minister has resigned, the main opposition is in disarray, and there may be early Parliamentary elections. And Donald Trump may become U.S. president, something Pryor argues would add further uncertainty to the global economy. “An..

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• Senate approves national GMO labeling standard

  

  Several big name corporations, including Pepsi and Coca-Cola, already pulled their products out of Vermont grocery stores as a response. This bill would preempt any state law. As American Farm Bureau Federation President Zippy Duvall told The Wall Street Journal: "This bill is not perfect, but it would avoid the chaos of 50 different state laws and a confusing array of labels for ingredients scientifically proven safe." Besides giving companies a single set of requirements for the whole country..

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• G20 seeks to enhance trade growth in face of protectionism - China

  

  SHANGHAI In the face of a "worrying" rise in protectionism, trade ministers from the world's major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China's Commerce Minister Gao Hucheng said on Sunday.The Group of 20 trade ministers, who wrapped up a two-day meeting in Shanghai on Sunday, approved a broad trade growth strategy aimed at reversing a slowing in global trade, and backed guiding principles for global investment policymaking."The global r..

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• Payrolls Were Loud This Month, As Last

  

  As it currently stands in the headline BLS figures, the Establishment Survey greatly rebounded to + 287k from a downward revised +11k in May. There is this month, just as last month, too much emphasis on the monthly payroll figure as it is more often than not noise. We can only hope the drastic extremes of the past two months may have finally injected a more cautious approach to what has always been a statistical process. Two payroll reports ago, one that was taken as "ugly", I wrote: There is v..

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