Business


BA flight disruption at Heathrow set for third day

But he says there will still be delays, as well as some canceled short-haul flights. Passengers who did eventually get moving on a limited number of flights on Sunday reported arriving at their destinations without their luggage. Customers displaced by flight cancellations can claim up to £200 a day for a room (based on two people sharing), £50 for transport between the hotel and airport, and £25 a day per adult for meals and refreshments.


U.S. employers add modest 138K jobs; rate dips to 4.3 percent

U.S. employers add modest 138K jobs; rate dips to 4.3 percent

A disappointing report from the Labor Department's Bureau of Labor Statistics on Friday: The economy added 138,000 jobs in May, fewer than analysts were expecting; and after setting three straight monthly records, the number of unemployed Americans dropped by 233,000 to 152,923,000.



US employers add modest 138K jobs; rate dips to 4.3 per cent

Job growth in healthcare has averaged 22,000 per month thus far in 2017, compared with an average monthly gain of 32,000 in 2016. Food services added 30,300 jobs last month, health care 24,300. Average hourly earnings, a closely-watched metric, rose 0.2% during the month, as expected, putting year-over-year wage gains at 2.5%. "We still believe it is very likely that the Fed will hike later this month".


Oil prices rise Thursday after big draw in US stockpiles

Oil prices rise Thursday after big draw in US stockpiles

Commodity markets were absorbing news the United States would withdraw from the landmark 2015 global agreement to fight climate change, a move that fulfilled a major campaign pledge but drew condemnation from USA allies. Earlier in the week, oil prices briefly rallied on a larger-than-expected fall in US stocks in weekly data published by the Energy Information Administration on Wednesday.



Baker Hughes Inc (NYSE:BHI) Institutional Investors 2016 Q4 Sentiment

Spitfire Capital Llc sold 10,600 shares as Baker Hughes Inc ( BHI)'s stock declined 4.18%. The Janus Capital Management Llc holds 53,043 shares with $3.45M value, down from 57,951 last quarter. Last time, the company failed Wall Street by reporting EPS of $-0.24, smashing the consensus of $-0.21 per share. After $-0.04 actual EPS reported by Baker Hughes Incorporated for the previous quarter, Wall Street now forecasts 200.00% negative EPS growth.


US employers add modest 138K jobs; rate dips to 4.3 percent

US employers add modest 138K jobs; rate dips to 4.3 percent

The highest unemployment rate was in El Centro, Calif., at 19.2 percent. That rate has fallen even more sharply than the unemployment rate over the past year. The low unemployment rate demonstrates that the labor market is tight. According to the Labor Department , the unemployment rate fell to 4.3 percent from 4.4 percent, which is the lowest it has been since 2001.