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Wednesday, July 01, 2015, 1:42 a.m.
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Greece, creditors to discuss new plan as bailout to expire

posted: 06/30/2015 11 a.m. Discuss

ATHENS, Greece — Greece and its European creditors are to discuss a last-minute proposal by Athens for a new two-year rescue deal, submitted just hours before the country’s international bailout expires and it loses access to billions in European funds.

Conway gains on Tech business index

posted: 06/30/2015 9:48 a.m. Discuss

Conway made the biggest leap in April on the Arkansas Tech Business Index, which measures economic activity of 18 cities, encompassing labor, housing market, construction and retail sales data, according to figures released Tuesday.

UA finishing up building projects

posted: 06/30/2015 4:42 a.m. Discuss

Four campus buildings are set to open within the next two months at the University of Arkansas at Fayetteville, said Mike Johnson, associate vice chancellor for facilities.

Report assails Puerto Rican economy

posted: 06/30/2015 2:39 a.m. Discuss

International economists released a critical report on Puerto Rico's economy Monday on the heels of the governor's warning that the island can't pay its $72 billion public debt.

Greek financial crisis sinks stocks

posted: 06/30/2015 2:38 a.m. Discuss

Fears that Greece's troubles could spread through the global financial system shook markets Monday, driving U.S. stocks to their worst day of the year.

Vietnam region, state ink accord

posted: 06/30/2015 2:37 a.m. Comment 1

Gov. Asa Hutchinson signed an agreement Monday aimed at expanding trade opportunities with Vietnam's Dong Nai province.

Uber gets hint of good news in Mexico

posted: 06/30/2015 2:35 a.m. Discuss

Times are tough for Uber in many parts of the world, from a recent California ruling that its drivers cannot be classified as contractors to a Paris taxi protest that became a riot and led France's president to promise a crackdown.

Index up for May housing contracts

posted: 06/30/2015 2:34 a.m. Discuss

More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years.

Rail stocks screech lower as oil, coal, grain loads shrink

posted: 06/30/2015 2:33 a.m. Discuss

Shares of U.S. railroads, Wall Street favorites for much of the past decade, are slumping into a bear market amid a three-way squeeze from plunging coal, crude-oil and grain shipments.

News in brief: 3 beer distributors are consolidating

posted: 06/30/2015 2:32 a.m. Discuss

Three major wholesale beer companies in Arkansas are consolidating under a new name, O'Connor Distributing.

Bookseller files details of spinoff

posted: 06/30/2015 2:30 a.m. Discuss

Barnes & Noble Inc. filed plans for the previously announced spinoff of its college unit, a move intended to help the largest U.S. bookstore chain focus on navigating a changing market.

Business news in brief: Europe running out of space to store oil

posted: 06/30/2015 2:25 a.m. Discuss

Crude oil inventories in Europe's trading hub rose to the highest in at least two years, adding to signs that space to store a supply glut is becoming constrained.

In Greece, many tap ATMs; others cut off

updated: 06/29/2015 10:46 p.m. Discuss

Worried pensioners waited at closed bank branches Monday, and long lines snaked to ATMs as Greeks endured the first day of economic controls ahead of a referendum Sunday.

UA System opens benefits to gay spouses

updated: 06/29/2015 10:45 p.m. Discuss

The University of Arkansas System has opened a 31-day benefits program enrollment period for same-sex spouses, implementing a policy 13 months in the making after Friday's U.S. Supreme Court ruling allowing same-sex marriage in all 50 states.

Arkansas, Vietnamese province ink partnership deal

posted: 06/29/2015 11:31 a.m. Comments 4

Arkansas Gov. Asa Hutchinson and officials from Vietnam’s Dong Nai province signed a memorandum of understanding Monday on developing economic, trade and education opportunities between the regions.

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