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Thursday, September 18, 2014, 6:51 a.m.
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Alibaba stock enticing but carries risk

posted: 09/17/2014 2:15 a.m. Discuss

American investors are clamoring to buy a stake in Chinese e-commerce giant Alibaba, which is preparing to make what may prove to be the biggest initial public stock offering ever.

Air France pilots strike over pay plan

posted: 09/16/2014 2:04 a.m. Discuss

PARIS -- Air France endured its most disruptive pilot strike since 1998 on Monday, and Deutsche Lufthansa AG is preparing for another walkout today as both carriers confront worker resistance to sweeping overhauls aimed at cutting costs.

Business news in brief

posted: 09/16/2014 1:51 a.m. Discuss

Simmons First Trust to buy Talbot Capital

U.S., EU hit Russia with sanctions

posted: 09/13/2014 2:55 a.m. Discuss

The European Union and the United States moved Friday to shut down Western aid to Russian deepwater offshore and shale oil exploration in the Arctic -- deepening the range of sanctions imposed on Moscow in retaliation for its intervention in Ukraine -- despite the potential cost to Western firms such as Exxon Mobil and BP.

China to fine Chrysler, Audi as monopolizers

posted: 09/12/2014 2:09 a.m. Discuss

BEIJING -- China on Thursday announced it will fine Audi $40.5 million and Chrysler $5.2 million in an anti-monopoly investigation of the auto industry that has prompted complaints that foreign businesses are being treated unfairly.

Big oil drillers face restraint in Russia

posted: 09/11/2014 5:53 a.m. Discuss

The U.S. and the European Union are poised to halt billions of dollars in oil exploration in Russia by the world's largest energy companies in sanctions that would cut deeper than previously disclosed.

China premier vows more open economy for foreign firms

posted: 09/11/2014 3:19 a.m. Discuss

China's premier promised Wednesday to open the world's No. 2 economy wider to foreign companies, promising favorable conditions despite a wave of anti-monopoly investigations that business groups say are likely aimed at limiting competition.

Business news in brief

posted: 09/11/2014 3:13 a.m. Discuss

Home Depot shares falter early, rebound NEW YORK -- Shares of Home Depot were under pressure early Wednesday as the home improvement retailer contends with the fallout of a data breach at its more than 2,000 U.S. and Canadian stores.

Healthier economy sends dollar up 6.4%

posted: 09/10/2014 2:25 a.m. Discuss

A strengthening American economy, combined with a gloomy outlook for growth elsewhere in the world, is pushing the U.S. currency sharply higher.

Business news in brief

posted: 09/10/2014 2:21 a.m. Discuss

Business report on NW set for Oct. 2 A local economist is to present the Quarterly Business Analysis and the State of Northwest Arkansas Report on Oct. 2 at the Holiday Inn in Springdale.

U.K. woos Scots in run-up to vote

posted: 09/09/2014 2:07 a.m. Discuss

LONDON -- Britain's main political leaders scrambled Monday to offer Scotland greater autonomy in a last-minute bid to stave off independence, as the pound sank on opinion polls suggesting separatists are gaining ground -- and may even be in the lead.

Economist predicts Venezuela default as arrears increase

posted: 09/09/2014 2:04 a.m. Discuss

CARACAS, Venezuela -- As Venezuela racks up billions of dollars of arrears with importers that are fueling the worst shortages on record, one of the nation's top economists is questioning the government's decision to keep servicing its foreign bonds.

Electrolux to buy GE Appliances in $3.3 billion deal

posted: 09/08/2014 11 a.m. Discuss

STOCKHOLM — Sweden’s Electrolux is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market, the companies said Monday.

EU job market tops U.S. in some areas

posted: 09/07/2014 1:57 a.m. Discuss

WASHINGTON -- Compare unemployment rates, and America's job market looks much stronger than Europe's. The U.S. rate for August released Friday is a near-normal 6.1 percent. In the 18 countries that use the euro currency, by contrast, it's a collective 11.5 percent.

Business news in brief

posted: 09/06/2014 1:55 a.m. Discuss

U.S. nets 11 gas, oil rigs, for 1,925 total

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