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Jobless Claims Still Top 400,000
1That's 15 weeks over the key level, signaling more job losses in May. New claims fell 9,000 to 424,000 in the week ended May 24. Continuing claims rose by 83,000 to 3.76 mil in the week ended May 17, an 18-month high. Meanwhile, the Conference Board's help-wanted ad index declined to a 41-year low in April. See Vital Signs on A2
Bells Unveil Fiber Upgrade Push
2The three biggest local phone companies put plans to rebuild aging networks on the fast track -- if federal regulators issue favorable new rules. The three local Bells -- Verizon Communications, SBC and BellSouth -- will seek bids for fiber-optic gear that …