Looks like this file has a bunch of Photoshop resource data related to printing on an Epson (Stylus Pro 7900). Epson likes to put gobs of printing data into Photoshop's resources (Mac NSPrintInfo), so much that it fills up the max 64K size of the JPEG block used to also store the old-style IPTC-IIM binary record before Adobe created XMP to replace it.
I'll make some changes to PM so that it doesn't fail in this condition, but it will not update the IPTC-IIM records. Nowadays this shouldn't be an issue since XMP supersedes the old IPTC-IIM, and all the metadata is stored in XMP. Your file actually had no IPTC-IIM data in it to begin with, and the only XMP metadata it had was a rating of 0 and a bunch of Adobe Camera RAW settings. PM will still update the XMP.
One workaround option for now is to use PM's Save As command to save out a new JPEG. Just set the quality to say 90 or so and don't crop or anything. The new JPEG created by PM will not have all this extraneous Photoshop resource data for the printer settings. You may still want to keep the original copy around if you want to reprint this again on the same Epson printer (since the PM created version will lose the Epson print settings).
HTH.
--dennis