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Wednesday, October 07, 2015, 3:32 a.m.
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VW ratchets up damage outlook

posted: 10/07/2015 2:12 a.m. Discuss

Volkswagen's new chief executive warned Tuesday that the financial impact from the company's emissions cheating diesel engines would be more damaging than previously acknowledged, saying the company would delay or cancel planned new investments and might have to cut jobs.

Smoking uptick boosts tobacco bonds

posted: 10/07/2015 2:08 a.m. Discuss

Americans are spending more money on cigarettes for the first time in almost a decade, fueling a rally in one of the riskiest corners the municipal-bond market.

U.S. trade deficit widens to $48B in August; exports fall 2%

posted: 10/07/2015 2:07 a.m. Discuss

The U.S. trade deficit jumped sharply in August as exports fell to the lowest level in nearly three years while imports increased, led by a surge in shipments of cellphones from China.

Union threatens walkout over Fiat pact

posted: 10/07/2015 2:02 a.m. Discuss

The United Auto Workers union is threatening to go on strike against Fiat Chrysler after its membership rejected a tentative contract deal with the company.

Market report: Biotech slide ends market's rally

posted: 10/07/2015 1:59 a.m. Discuss

U.S. stocks closed moderately lower Tuesday after five straight days of gains. DuPont and energy companies rose sharply, but the overall market was weighed down by health care stocks, especially biotechnology companies.

Business news in brief

posted: 10/07/2015 1:58 a.m. Discuss

UALR event will feature virtual reality The University of Arkansas at Little Rock's Emerging Analytics Center will hold an open house on Oct. 16-17, said Carolina Cruz-Neira, the center's director.

Market report: Energy stocks rev up markets

posted: 10/06/2015 2:45 a.m. Discuss

NEW YORK -- Stocks rallied in the U.S. and overseas Monday after last week's gloomy jobs report led investors to expect that the Federal Reserve will wait even longer before making its first interest rate increase since the financial crisis.

Clothier files for bankruptcy

posted: 10/06/2015 2:44 a.m. Comment 1

American Apparel Inc., the made-in-the-U.S.A. clothing chain known for provocative marketing and boardroom drama, filed for bankruptcy protection Monday after years of losses and a feud with founder Dov Charney.

Growth cooling for U.S. services

posted: 10/06/2015 2:43 a.m. Discuss

The pace of growth in U.S. services industries cooled last month from the best readings in a decade, a sign consumers may be taking demand down to a more sustainable level in the face of global weakness.

VW's inquiry focused on development arm

posted: 10/06/2015 2:39 a.m. Discuss

BERLIN -- As Congress prepares to question Volkswagen officials in Washington over its manipulation of American emissions tests, German media are reporting the company itself is focusing on three suspended development managers.

‘Pot’ users file suit over pesticide

posted: 10/06/2015 2:38 a.m. Discuss

DENVER -- Two marijuana users in Colorado filed a lawsuit Monday against a pot business they said used an unhealthy pesticide to grow their weed -- a case that lawyers say is the first product liability claim in the nation involving the legal marijuana industry.

Southeastern flooding sends cotton futures up

posted: 10/06/2015 2:37 a.m. Discuss

Cotton futures gained the most in almost two months in Monday trading after floods hurt crops in the Southeast, curbing further the outlook for supplies from the U.S., the world's biggest exporter.

DuPont chief leaves; profit outlook cut

posted: 10/06/2015 2:35 a.m. Discuss

Ellen Kullman, the chairman and chief executive officer of DuPont Co., announced her intention to retire while the company cut its profit forecast and an activist shareholder who wants to break up the 213-year-old chemical maker increased its stake.

Business news in brief

posted: 10/06/2015 2:34 a.m. Discuss

Gas export hub planned for Louisiana

Banking giant cuts down on drive-up lanes in Arkansas

posted: 10/05/2015 5:45 a.m. Comment 1

Bank of America has been closing the drive-thru lanes at some of its 23 branches in Arkansas, a bank spokesman said last week.




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