Business*
NEWS IN BRIEF
posted: 05/21/2013 3:25 a.m. Discuss
Century Farm effort seeking applicants Applications are still being taken for the Arkansas Century Farm program, which honors families who have owned and farmed the same land for at least 100 years.
Trucker says no to exit of chief
posted: 05/21/2013 3:25 a.m. Discuss
USA Truck’s board of directors has rejected the conditional resignation of Chairman Robert Peiser — overriding concerns by a shareholders’ advisory group about the date stockholders will be allowed to vote on the company’s shareholders’ rights or “poison pill” provision.
’13 spending outlook improves
posted: 05/21/2013 3:24 a.m. Discuss
WASHINGTON — Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists released Monday.
United resumes flights of Boeing 787s
posted: 05/21/2013 3:23 a.m. Discuss
Boeing Co.’s 787 Dreamliner cleared another hurdle in restoring its image Monday as United Airlines resumed flights after the jet’s lithium-ion battery flaws forced a three-month grounding.
Yahoo reaches deal for Tumblr
posted: 05/21/2013 3:23 a.m. Discuss
SAN FRANCISCO — Yahoo! Inc. is buying online blogging forum Tumblr for $1.1 billion as Chief Executive Officer Marissa Mayer tries to rejuvenate an Internet pioneer that has fallen behind the times.
Senate: Apple used complex web to avoid billions in taxes
posted: 05/21/2013 3:22 a.m. Discuss
WASHINGTON — Even as Apple Inc. became the nation’s most profitable technology company, it avoided billions in taxes in the United States and around the world through a web of subsidiaries so complex it spanned continents and surprised experts, a congressional investigation has found.
Business news in brief
posted: 05/21/2013 3:21 a.m. Discuss
QUOTE OF THE DAY “They need to show that this aircraft is truly ready for prime time.You can get customer confidence back pretty quickly in this business if you can show a consistent pattern of no glitches.” Richard Aboulafia, Teal Group vice president, on the Boeing 787’s return to service in the United States on Monday Article, 1D Wal-Mart program to focus on state firms Wal-Mart projects that sales by Fayetteville-based Hanna’s Candle Co. will increase from $4 million in 2012 to $30 million this year, then to $45 million in 2017.
MARKET REPORT: Small stocks shine big in market
posted: 05/21/2013 3:21 a.m. Discuss
NEW YORK — Smallcompany stocks were a bright spot in a slow and choppy start to the week for Wall Street.
JPMorgan’s Dimon faces push to drop chairman’s role
posted: 05/21/2013 3:20 a.m. Discuss
NEW YORK — A shareholder vote scheduled for today has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country’s biggest bank.
Wal-Mart ordered to release records
posted: 05/21/2013 12:25 a.m. Comments 3
A chancery judge in Delaware has ordered Wal-Mart Stores Inc. to turn over specific records related to what the retailer’s directors knew about claims that Wal-Mart executives bribed Mexican officials to speed development of stores.
Firms play games to halt hackers
posted: 05/20/2013 3:02 a.m. Discuss
Clusters of corporate techies hunched over their laptops one recent evening in Mountain View, Calif., feverishly trying to figure out how RK Industries hacked into and stole critical information from its rival, EntraDyn.
Year after IPO, Facebook aims to bag ads
posted: 05/20/2013 3 a.m. Discuss
Facebook, the brainchild of a young chief executive who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald’s, bigger than Coca-Cola. And it was all made possible by users’ friendships, photos and family ties.
In-app messaging spreading quickly; texting vanishing
posted: 05/20/2013 2:58 a.m. Discuss
WhatsApp Inc. is one of Silicon Valley’s most popular young companies, yet it actively avoids the spotlight, operating out of a small office in Mountain View, Calif., with no sign on the building entrance or on the office door.
New office to tackle car-hacking threats
posted: 05/20/2013 2:52 a.m. Discuss
Rising hacking risks to drivers as their cars become increasingly powered by and connected to computers have prompted the U.S.’s auto-safety regulator to start a new office focusing on the threat.
ON COMPUTERS: Testers see big potential in Google Glass eyewear
posted: 05/20/2013 2:51 a.m. Discuss
In case you’ve been wondering about the coming of “Google Glass,” let us clear the view.
