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Thursday, May 25, 2017, 4:17 a.m.


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Hong Kong jails 21 Uber drivers

posted: 05/24/2017 2:15 a.m. Discuss

Hong Kong police targeted the Uber ride-hailing service again on Tuesday, arresting 21 drivers.

Average CEO pay rose faster last year, notching 8.5% gain

posted: 05/24/2017 2:14 a.m. Comment 1

The typical chief executive officer at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's the biggest raise in three years.

Sony's leader pledges profitability

posted: 05/24/2017 2:12 a.m. Discuss

Sony's leader promised a comeback for the Japanese electronics and entertainment company, which is having its best profitability in two decades.

Despite Whole Foods' woes, serious foodies still pour in

posted: 05/24/2017 2:12 a.m. Discuss

Inside the Whole Foods Market in midtown Manhattan at lunchtime, it's easy to forget that the supermarket chain is suffering its biggest crisis since going public in 1992.

Fiat Chrysler sued over emissions cheat

posted: 05/24/2017 2:05 a.m. Discuss

The U.S. government sued Fiat Chrysler Automobiles NV on Tuesday, alleging that some of its diesel pickups and Jeep SUVs cheat on emissions tests.

Market report: Banks take lead as stocks tick up

updated: 05/24/2017 2:04 a.m. Discuss

U.S. stocks rose for the fourth day in a row Tuesday as they continued to recover the ground they lost last week. Major indexes approached record highs again.

Walton group: '16 grants tallied $454.4M

posted: 05/24/2017 2:03 a.m. Discuss

The Walton Family Foundation awarded $454.4 million in grants in 2016, according to an annual report released by the nonprofit earlier this week.

Business news in brief

posted: 05/24/2017 2:02 a.m. Discuss

USDA storm loans offered in 37 counties

News in brief

posted: 05/24/2017 1:59 a.m. Discuss

Turner Grain suit set for trial in '18

Target reaches $18.5 million settlement on data breach with 47 states, including Arkansas

posted: 05/23/2017 12:49 p.m. Comments 2

NEW YORK — Target Corp. has reached an $18.5 million settlement over a large data breach that occurred before Christmas in 2013, New York's attorney general said Tuesday.

Wal-Mart expands military leave-of-absence policy

posted: 05/23/2017 11:17 a.m. Discuss

LITTLE ROCK — Wal-Mart says it's expanding its military leave-of-absence policy by offering differential pay to all eligible employees who are on military assignments lasting more than three days.

Little Rock bank revises 1Q loss to $7.8M

posted: 05/23/2017 4:30 a.m. Discuss

Heartland Bank lost $7.8 million in the first quarter, giving it $15.7 million in losses in the past five quarters, the Little Rock bank said in an amended first-quarter report with federal regulators on Friday.

Iraq backs extending oil-output cuts

posted: 05/23/2017 1:57 a.m. Discuss

Iraq on Monday backed a proposal from Saudi Arabia and Russia to extend output cuts for nine months, removing one of the last remaining obstacles to an agreement at the OPEC meeting in Vienna this week.

NAFTA's impact vast on border

posted: 05/23/2017 1:55 a.m. Discuss

REYNOSA, Mexico -- Waving arms and brandishing a long electric prod, the ranch hands and truck drivers herd about 400 leggy calves onto trucks on the outskirts of this border city. After spending their first eight months on the ranches of Gildardo Lopez Hinojosa, the calves are about to cross the border -- bound for Texas and U.S. feedlots beyond.

Patent-suit filings get new limits

posted: 05/23/2017 1:53 a.m. Discuss

The U.S. Supreme Court put sharp new limits on where patent-infringement lawsuits can be filed, undercutting patent owners' ability to channel cases to favorable courts.




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