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JP Morgan Axes Jobs as New Cull Begins
Investment bank JP Morgan slashed hundreds of jobs in early morning culls on Monday as its equities division felt the first sting of a new cost-cutting drive under which some 3,000 positions will be cut globally.
BY SOPHY TONDER, EUROPEAN M&A; CORRESPONDENT / Reuters
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Australian biotech firm may hold clue to Alzheimer's
A tiny Australian biotechnology company may have uncovered a clue that could help unravel the mystery of Alzheimer's Disease and give fresh direction to researchers looking for treatments to the fatal disease that afflicts 4 million Americans.
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