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Friday, March 27, 2015, 2:14 p.m.
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Arkansas’ unemployment rate falls to 5.5%

posted: 03/27/2015 9:03 a.m. Discuss

Arkansas’ unemployment rate declined in February to 5.5 percent, one-tenth of a percentage point lower than in January, the state Department of Workforce Services said Friday.

Governor touts amendments as boost

posted: 03/27/2015 1:50 a.m. Discuss

Gov. Asa Hutchinson is pushing for two amendments to the state's constitution that have economic development implications, he said Thursday at a luncheon for the state's economic development foundation.

Czechs in state on trade mission

posted: 03/27/2015 1:49 a.m. Discuss

A trade delegation from the Czech Republic learned Thursday that it has things in common with Arkansas businesses when it comes to export markets: complex paperwork and a changing labor force.

Jobless-aid claims drop by 9,000

posted: 03/27/2015 1:49 a.m. Discuss

WASHINGTON -- Fewer people sought U.S. unemployment benefits last week, evidence that strong hiring should continue despite signs of slower economic growth at the start of 2015.

Yemen conflict spooks oil prices higher

posted: 03/27/2015 1:47 a.m. Discuss

Volatility has entered the international oil market as escalating fighting in Yemen fuels concern about Middle East crude supplies.

'Payday' loan plan protects borrower

posted: 03/27/2015 1:46 a.m. Comment 1

WASHINGTON -- Each month, more than 200,000 U.S. households in need take out what's advertised as a brief loan.

Despite recession, new luxury mall caters to Puerto Ricans

posted: 03/27/2015 1:46 a.m. Discuss

SAN JUAN, Puerto Rico -- A pair of nearly 5-inch black satin heels with a large, gold alligator that serves as the front strap retails for almost $1,600 at the first Saks Fifth Avenue store to open in Puerto Rico, where nearly half the population lives in poverty.

Market report: Stocks slump 4th time this week

posted: 03/27/2015 1:45 a.m. Discuss

NEW YORK -- A seesaw day for U.S. stocks ended with slight losses Thursday, giving the market its fourth drop in a row.

Advisory council: Shale won't last, so Arctic oil drilling needed now

posted: 03/27/2015 1:44 a.m. Discuss

WASHINGTON -- The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study to be released today.

Carnival plans to add 9 new cruise ships starting in 2019

posted: 03/27/2015 1:43 a.m. Discuss

MIAMI -- The world's largest cruise company is growing.

Business news in brief

posted: 03/27/2015 1:43 a.m. Discuss

Microsoft pushes for workers' benefits

News in brief

posted: 03/27/2015 1:42 a.m. Discuss

I.O. Metro unveils new CEO, changes

Floridian will sell Arkansas

updated: 03/27/2015 12:19 a.m. Comments 2

Mike Preston, an executive with Florida's principal economic development organization, is the new executive director of the Arkansas Economic Development Commission, Gov. Asa Hutchinson announced Thursday.

Fewer Americans filed for unemployment benefits last week

posted: 03/26/2015 8:12 a.m. Discuss

WASHINGTON — Fewer people sought U.S. unemployment benefits last week, evidence that strong hiring should continue despite signs of slower economic growth at the start of 2015.

Heinz looking to buy Kraft, form food titan

posted: 03/26/2015 2:23 a.m. Discuss

Plans by H.J. Heinz Co. to buy Kraft Foods will put some of the most familiar names in pickles, cheese, hot dogs and other packaged foods under the same company umbrella.

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