Romney Campaign's Chen on U.S. Jobs Report, Economy
Oct. 5 (Bloomberg) -- Lanhee Chen, policy director for Republican presidential nominee Mitt Romney, talks about the September U.S. jobs report released today. The economy added 114,000 workers last month after a revised 142,000 gain in August, Labor Department figures showed. The unemployment rate unexpectedly fell to 7.8 percent. Chen speaks with Deirdre Bolton on Bloomberg Television's "In the Loop." (Source: Bloomberg)
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Statoil Comfortable With Financial Situation, Says Saetre
17:30 - Statoil ASA, Norway’s biggest oil producer, reported its first adjusted loss following the plunge in crude prices that has roiled the industry for nearly two years. The company also deepened spending cuts. Adjusted earnings after tax, which excludes financial and other items, dropped to a loss of $28 million from a $929 million profit a year earlier, the Stavanger-based company said Wednesday. That missed the $294 million average estimate in a Bloomberg poll of 16 analysts. Statoil CEO Eldar Saetre tells Bloomberg's Anna Edwards and Manus Cranny on "Countdown" he's very comfortable with financial situation adding the oil price impact in line with expectations.