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U.S. factory orders fall, but rising backlogs hint at stabilization

By Lucia Mutikani WASHINGTON (Reuters) – New orders for U.S. factory goods fell in May on weak demand for transportation and defense capital goods, but growing order backlogs and lean inventories suggested the worst of the manufacturing downturn was probably over. The Commerce Department said on Tuesday new

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U.S. factory orders fall, but rising backlogs hint at stabilization

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United Continental to offer 13 percent pay increase to pilots: Bloomberg

The 2016 increase would be followed by annual increases of 3 percent and 2 percent, Bloomberg said. Reuters reported last week that the second-largest U.S. airline by capacity and its pilots union had reached an agreement in principle to extend the labor contract that covers United's more than 12,000 pilots by two years. United's contract with the Air Line Pilots Association International (ALPA) had been due to

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United Continental to offer 13 percent pay increase to pilots: Bloomberg