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Friday, September 19, 2014, 10:58 p.m.
Top Picks - Capture Arkansas

Business

Aviation supplier opening LR plant

posted: 09/18/2014 4:53 a.m. Discuss

Beaudet Aviation, a subsidiary of JCB Aero of Toulouse, France, plans to hire 75 workers at a facility near the Little Rock Port to work with Dassault Falcon Jet, the chairman of Beaudet said Wednesday.

Demand lull saps gasoline prices

posted: 09/18/2014 2:28 a.m. Discuss

Crude oil prices that continue to soften despite current conflicts in Iraq and Ukraine are pushing down the price of retail gasoline, energy analysts said Wednesday.

FedEx to add 50,000 for year's end

posted: 09/18/2014 2:25 a.m. Discuss

Growth in online shopping is generating profit for FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for Christmas package deliveries.

Raising airport fee cap debated

posted: 09/18/2014 2:24 a.m. Discuss

A desire to see facility improvements and better accommodations for travelers is a subject on which airports and airlines can agree.

Riverdale 10 theater in LR gains permit for beer, wine sales

posted: 09/18/2014 2:24 a.m. Discuss

Theater owner Matt Smith won permission Wednesday to serve beer and wine at the Riverdale 10 Cinema in Little Rock after being closely questioned about how he'd prevent minors from obtaining alcohol during screenings.

U.S. consumer prices down 0.2% in August

posted: 09/18/2014 2:23 a.m. Discuss

U.S. consumer prices edged down in August, the first monthly drop since spring 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control.

Fed plans to stay put on interest rates for 'considerable time'

posted: 09/18/2014 2:21 a.m. Discuss

The Federal Reserve maintained a commitment to keep interest rates near zero for a "considerable time" after asset purchases are completed, saying Wednesday that the economy is expanding at a moderate pace and inflation is below its goal.

Paucity costs trader Latour $16 million in penalty

posted: 09/18/2014 2:18 a.m. Discuss

Latour Trading LLC, a New York-based high-frequency trading firm, agreed Wednesday to pay a $16 million penalty to resolve U.S. regulatory claims that it didn't hold enough capital for how much it was trading.

Market Report: Fed's rate guidance lifts market

posted: 09/18/2014 2:15 a.m. Discuss

The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow Jones industrial average to a record high.

Business news in brief

posted: 09/18/2014 2:13 a.m. Discuss

Nonprofits' storm-loan deadline Oct. 6 Private nonprofits have until Oct. 6 to apply for a federal disaster loan for economic injury from the severe winter storm that happened in early December.

News in brief

posted: 09/18/2014 2:07 a.m. Discuss

CHI promotes exec leading St. Vincent Peter Banko, president and chief executive officer of CHI St. Vincent, has been promoted to senior vice president and group executive officer of Catholic Health Initiatives east/southeast division, CHI announced Wednesday.

Dow closes at record after Fed keeps rates intact

posted: 09/17/2014 4:16 p.m. Comments 3

The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow Jones industrial average to a record high.

Fed increases estimate for key rate at end of 2015

posted: 09/17/2014 1:42 p.m. Discuss

WASHINGTON — Federal Reserve policymakers have slightly increased their estimate of what the Fed's benchmark interest rate will be at the end of 2015 compared with their estimate three months ago.

Aviation firm to invest $2.5 million in LR facility, create 75 jobs

updated: 09/17/2014 11:37 a.m. Discuss

A subsidiary of a French aviation company will invest $2.5 million in a new Little Rock facility and create 75 new jobs, the Arkansas Economic Development Commission said Wednesday.

FedEx to add 50,000 seasonal jobs

updated: 09/17/2014 11:04 a.m. Discuss

Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for Christmas-season package deliveries.

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