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In $391M deal, Arvest bank buys Little Rock-based Bear State Financial

posted: 08/22/2017 9:33 a.m. Discuss

Fayetteville-based Arvest Bank has reached an agreement to buy Little Rock-based Bear State Financial in a deal worth more than $390 million, according to a joint news release from the two institutions.

Wal-Mart adds 2 cities to Uber trial

posted: 08/22/2017 1:54 a.m. Discuss

Wal-Mart Stores Inc. has introduced its grocery delivery service in two additional markets, expanding a pilot program that began last year as it explores ways to provide convenience for customers and compete with retailers such as Amazon.com.

Sell-off by Fed elicits shrugs

posted: 08/22/2017 1:53 a.m. Discuss

WASHINGTON -- The nation's business economists believe that the Federal Reserve's long-awaited move to start reducing its trove of bond holdings will push long-term bond rates higher, but most think the impact will be fairly modest.

Talc powder jury awards $417M

posted: 08/22/2017 1:53 a.m. Discuss

LOS ANGELES -- A Los Angeles jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed in a lawsuit that the talc in its baby powder causes ovarian cancer when applied regularly for feminine hygiene.

UA tests effect of trellises on berries

posted: 08/22/2017 1:53 a.m. Discuss

The summer sun makes blackberries a gamble for farmers in the South, commonly turning the fruit odd shades of red, or white, from overexposure.

Chinese automaker weighs bid for Jeep

posted: 08/22/2017 1:52 a.m. Discuss

BEIJING -- Chinese SUV maker Great Wall Motors is considering making a bid to buy Fiat Chrysler's Jeep unit, spokesmen for the company said Monday.

France's Total buys Maersk's oil and gas unit for $7.45B

posted: 08/22/2017 1:52 a.m. Discuss

LONDON -- French oil company Total agreed Monday to buy the oil & gas division of Danish conglomerate AP Moller-Maersk for $7.45 billion in a deal that will see it become the No. 2 operator in the North Sea.

Market report: Week's calm start helps lift stocks

posted: 08/22/2017 1:51 a.m. Discuss

NEW YORK -- U.S. stocks inched higher Monday, as the Standard & Poor's 500 index steadied after back-to-back losses the past two weeks.

Sempra bests Berkshire for Texas utility

posted: 08/22/2017 1:51 a.m. Discuss

U.S. utility owner Sempra Energy has agreed to buy control of Texas power distributor Oncor Electric Delivery Co. for $9.45 billion, topping a bid by Warren Buffett's Berkshire Hathaway Inc.

Juror says Shkreli 'own worst enemy'

posted: 08/22/2017 1:50 a.m. Discuss

NEW YORK -- Martin Shkreli was "his own worst enemy," a juror at his fraud trial said Monday.

Business news in brief

posted: 08/22/2017 1:50 a.m. Discuss

Canada spat pulls Russian lumber to U.S.

News in brief

posted: 08/22/2017 1:49 a.m. Discuss

Sale offer fumbled,

Economists see only slight impact from Fed bond trimming

posted: 08/21/2017 11:13 a.m. Discuss

WASHINGTON — The nation's business economists believe that the Federal Reserve's long-awaited move to start reducing its massive bond holdings will push long-term bond rates higher but most think the impact will be fairly modest.

Wal-Mart expands grocery service with Uber to 2 more markets

posted: 08/21/2017 11:04 a.m. Discuss

NEW YORK — Wal-Mart is expanding its grocery delivery service with ride-hailing service Uber to two more markets — Dallas and Orlando, Fla.

REAL ESTATE TRANSACTIONS: Two Little Rock apartment complexes sold in $17M deal; undeveloped Chenal Parkway property sold

updated: 08/21/2017 4:30 a.m. Discuss

Affiliates of Toronto-based Republic Funds paid $17 million last month to buy two Little Rock apartment complexes with a total of 482 units.

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