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Thursday, May 24, 2018, 2:43 p.m.


Top Picks - Capture Arkansas


Shares up 15% for Arkansas-based America's Car-Mart

posted: 05/23/2018 4:30 a.m. Discuss

America's Car-Mart's fourth-quarter profit and revenue handily beat analysts estimates and Wall Street responded favorably, sending shares up nearly 15 percent in trading Tuesday.

Trump: China talks disappoint

posted: 05/23/2018 2:07 a.m. Comment 1

President Donald Trump said he is "not really" pleased with the results of U.S. trade talks with China so far as some of his loyalists attacked his retreat from threatened tariffs as a betrayal of his populist campaign promises.

EU lawmakers grill Zuckerberg

posted: 05/23/2018 2:06 a.m. Discuss

European lawmakers pilloried Mark Zuckerberg at a hearing Tuesday for Facebook's recent privacy and misinformation mishaps and raised the possibility of new regulation, a more realistic threat than what the social media giant faces in the United States.

No face-ID tech for police, privacy groups ask Amazon

posted: 05/23/2018 2:04 a.m. Discuss

The American Civil Liberties Union and other privacy activists are asking Amazon to stop marketing a powerful facial-recognition tool to police, saying law enforcement agencies could use the technology to "easily build a system to automate the identification and tracking of anyone."

J.C. Penney's stock drops 7.6% as CEO quits to lead Lowe's

posted: 05/23/2018 2:02 a.m. Discuss

J.C. Penney Chief Executive Officer Marvin Ellison, one of only a handful of black CEOs to lead a Fortune 500 company, is leaving to become the top executive at Lowe's.

Airlines give in to China's Taiwan order

posted: 05/23/2018 2:01 a.m. Discuss

Global airlines are obeying Beijing's demands to refer to Taiwan explicitly as a part of China, despite the White House's call this month to stand firm against such "Orwellian nonsense." The Associated Press found 20 carriers, including Air Canada, British Airways and Lufthansa, that now refer to Taiwan, the self-ruled island that Beijing considers Chinese territory, as a part of China on their global websites.

Market Report: Stocks slump as small firms fade

updated: 05/23/2018 1:58 a.m. Discuss

Stocks faded Tuesday afternoon and finished the day mostly lower as industrial companies and retailers fell. Smaller and more U.S.-focused companies slumped after setting records the last few days.

Business news in brief

updated: 05/23/2018 1:56 a.m. Discuss

NYSE getting its 1st woman president


updated: 05/23/2018 1:54 a.m. Discuss

IberiaBank to close 7 branches in state

Congress moves to dismantle key post-crisis bank rules

updated: 05/22/2018 5:25 p.m. Comment 1

WASHINGTON — Congress moved Tuesday to dismantle a chunk of the rules framework for banks, installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes.

China cutting auto import taxes as of July 1

posted: 05/22/2018 11:54 a.m. Discuss

BEIJING — China said Tuesday it will reduce auto import duties effective July 1 following pledges to buy more U.S. goods and end restrictions on foreign ownership in the industry.

News in brief: Walmart again No. 1 on Fortune 500 list

posted: 05/22/2018 4:30 a.m. Discuss

Walmart Inc. remained No. 1 on Fortune magazine's list of the 500 largest companies by revenue in the U.S.

U.S. hits at NAFTA skilled-job visas

posted: 05/22/2018 1:50 a.m. Discuss

WASHINGTON -- The Trump administration is working to slash the number of visas granted to Canadian and Mexican professionals as part of ongoing NAFTA negotiations among the three countries.

Scrutiny of tech industry widens

posted: 05/22/2018 1:49 a.m. Discuss

Treasury Secretary Steven Mnuchin on Monday urged the Justice Department to examine the power that large technology firms such as Google have over the American economy, making him the latest U.S. official to back antitrust review of the industry.

Drought worsens for rangeland

posted: 05/22/2018 1:49 a.m. Discuss

OKLAHOMA CITY -- Worsening drought conditions have stressed crops and rangelands and placed new pressures on groundwater sources across the U.S. Southern Plains, climatologists from the region said Monday.




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