Author: Vitaliy Dadalyan

United Airlines pilots avert layoffs, other workers hope for bailout

United Airlines' pilots voted on Monday to accept a deal that would avert 2,850 furloughs set for Thursday, while thousands of other U.S. airline employees are hoping Congress will extend federal aid to save their jobs. An initial $25 billion government bailout that covered airlines' payrolls and protected jobs for six months expires on Sept. 30, driving a fervent last-minute push by the industry for Congress to agree on a fresh stimulus package. Chicago-based United has already put in motion steps to furlough around 12,000 frontline employees, excluding pilots, on Thursday, officials said....

Hedge Funds Are Dumping BP plc (BP)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]...