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Saturday, December 10, 2016, 8:30 p.m.

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Business

Economic agency adds military exec

posted: 12/10/2016 2:06 a.m. Discuss

Col. Gary Holland was named Friday as director of military affairs for the Arkansas Economic Development Commission.

3 state banks' shares fly high

posted: 12/10/2016 2:05 a.m. Discuss

Shares of Bank of the Ozarks, Home BancShares and Simmons First National Bank each reached 52-week highs on Thursday. Bank of the Ozarks and Home BancShares repeated the feat on Friday, and Simmons came within a dime of another 52-week high.

U.S. ships first LNG load to Japan

posted: 12/10/2016 2:04 a.m. Discuss

The U.S. shale revolution that turned North American energy markets upside down is headed to the world's largest consumer of liquefied natural gas: Japan.

Washington state suing Monsanto over PCB pollution

posted: 12/10/2016 2:03 a.m. Discuss

SEATTLE -- Washington has become the first U.S. state to sue the agrochemical giant Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades. The company said the case "lacks merit."

A third of car trade-ins underwater

posted: 12/10/2016 2:03 a.m. Discuss

DETROIT -- The wave of easy credit and longer auto loans has left a record percentage of consumers trading in vehicles that are worth less than what the borrowers owe on their loans.

Coca-Cola CEO to exit post, pass job to company veteran

posted: 12/10/2016 2:02 a.m. Discuss

Coca-Cola Co. Chief Executive Officer Muhtar Kent will hand the reins to top lieutenant James Quincey next year, entrusting the job to an executive credited with steering the company toward less sugary beverages.

Market report: Stocks climb for 6th-straight day

posted: 12/10/2016 2 a.m. Discuss

NEW YORK -- U.S. stocks rose for the sixth day in a row Friday as major indexes continued to set records. The biggest gains went to companies that have been mostly left out of the postelection rally, including health care companies and makers of household goods.

Business news in brief

posted: 12/10/2016 1:59 a.m. Discuss

Consumer optimism rises to 2-year high

News in brief

posted: 12/10/2016 1:57 a.m. Discuss

Commercial drivers' minimum skills set

Washington state suing Monsanto over PCB pollution

posted: 12/09/2016 11:33 a.m. Discuss

SEATTLE — Washington has become the first U.S. state to sue the agrochemical company Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades. The company said the case "lacks merit."

Coca-Cola CEO Muhtar Kent to step down next year

posted: 12/09/2016 8:46 a.m. Discuss

Coca-Cola said Friday that CEO Muhtar Kent will step down as CEO next year and be replaced by Chief Operating Officer James Quincey.

Canada 'pot' stocks bubbling up

posted: 12/09/2016 5:45 a.m. Discuss

The surge of capital into Canada's nascent marijuana industry has sent stock prices soaring -- and brought warnings it's a bubble that could soon burst.

Startups striving to upend banking

posted: 12/09/2016 5:45 a.m. Discuss

Silicon Valley is pressuring banks to change their ways or risk becoming the latest industry overtaken by technology, like video-rental shops and bookstores.

Iran hurries to ink oil deals before Trump takes office

posted: 12/09/2016 5:45 a.m. Discuss

President Hassan Rouhani of Iran is racing to sign as many oil deals with Western companies as he can, before hard-liners at home and President-elect Donald Trump have a chance to return the Mideast country to cultural and economic isolation.

30-year mortgage rate rises to 4.13%

posted: 12/09/2016 1:50 a.m. Discuss

Mortgage rates increased this week for the sixth week in a row to highs not seen in more than two years.

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