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Saturday, May 28, 2016, 4:56 a.m.
Top Picks - Arkansas Daily Deal

Business

First-quarter growth up a smidge

updated: 05/28/2016 3:13 a.m. Discuss

The U.S. economy's slow growth in the new year wasn't quite as bad as first reported.

State's out front of U.S. on jobs

updated: 05/28/2016 1:50 a.m. Discuss

Arkansas is, for the first time in a while, outpacing the national economy in job growth and unemployment, largely because of improvement in the state's rural areas.

Yellen: Conditions jelling for rate hike

posted: 05/28/2016 1:49 a.m. Discuss

Federal Reserve Chairman Janet Yellen said Friday that an interest rate increase would be appropriate in the coming months if the economy keeps improving.

Alibaba's lobbying effort implodes

posted: 05/28/2016 1:48 a.m. Discuss

In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the Chinese e-commerce giant Alibaba, saying that its websites served as a 24-hour market "for counterfeiters and pirates" and should be blacklisted.

12 million vehicles added to air-bag list

posted: 05/28/2016 1:47 a.m. Discuss

Eight automakers are recalling more than 12 million vehicles in the U.S. to replace potentially dangerous Takata air-bag inflators.

Swiss watchmaker uses Asian parts

posted: 05/28/2016 1:47 a.m. Discuss

As Swiss watchmakers struggle with the strong franc, weaker Asian demand, and new technologies such as smartwatches, the last thing they need is a threat from within their ranks. But that's exactly what's happening.

Banks' upgrades to ease client-to-client transfers

posted: 05/28/2016 1:46 a.m. Discuss

JPMorgan Chase, Wells Fargo and other big banks are upgrading their online payment services to allow customers to transfer money instantly to others who bank elsewhere, often at no cost.

Home sales in state jump 8.7% in April

posted: 05/28/2016 1:44 a.m. Discuss

Home sales in Arkansas in April rose 8.7 percent compared with April last year, the Arkansas Realtors Association said Friday.

Market report: Bank stocks gain, help lift indexes

posted: 05/28/2016 1:44 a.m. Discuss

Stocks rose Friday to end their strongest week in almost three months.

Business news in brief

posted: 05/28/2016 1:43 a.m. Discuss

USA Truck to pay former exec $630,000 USA Truck has agreed to pay former Chief Financial Officer Michael Borrows $630,000 as part of a separation agreement, according to a filing with the U.S. Securities and Exchange Commission.

News in brief

posted: 05/28/2016 1:41 a.m. Discuss

UA business team wins in Las Vegas VivImmune, a business plan developed by graduate students at the University of Arkansas, was the overall graduate division winner at the ninth Donald W. Reynolds Tri-State Collegiate Business Plan competition Thursday in Las Vegas.

Furniture-market crowd slips in N.C.

posted: 05/28/2016 1 a.m. Discuss

Attendance dipped slightly for North Carolina's furniture market this year in an early test of business reaction to the state's new law limiting protections for gay, bisexual and transgender people.

State aid to hedge fund is spiritless

posted: 05/28/2016 1 a.m. Discuss

A commission approved a $22 million loan and grant package Friday to help the world's largest hedge fund upgrade and expand its offices despite questions about whether the deal makes financial sense for a state facing continued budget problems.

U.S. economic growth in Q1 revised up to 0.8 percent rate

posted: 05/27/2016 11:13 a.m. Comments 2

WASHINGTON — The U.S. economy's slowdown in growth at the beginning of the year wasn't quite as bad as first thought, thanks to a bigger boost from housing and less drag from business investment and trade.

Court rules Gerber owes back pay to Arkansas workers

posted: 05/27/2016 5:45 a.m. Comment 1

Hundreds of workers at an Arkansas baby food production facility are owed pay for the hours spent "donning and doffing" required clothes and equipment.

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