Business*
Loans get more takers at year end
posted: 02/08/2012 4:39 a.m. Discuss
Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend school.
Wal-Mart icon to note healthy foods
posted: 02/08/2012 4:36 a.m. Discuss
Wal-Mart Stores Inc. on Tuesday introduced a new “Great for You” icon for food products to help shoppers identify nutritious foods that also are low in fat, salt and sugar.
Fed chief sticking with low loan rates
posted: 02/08/2012 4:34 a.m. Discuss
Ben Bernanke on Tuesday repeated the Federal Reserve’s plan to hold interest rates near record lows until at least late 2014.
Greeks strike over austerity cuts
posted: 02/08/2012 4:31 a.m. Discuss
Greek workers walked off the job Tuesday to protest a new barrage of austerity measures being demanded by the country’s foreign creditors in exchange for a second bailout of $170 billion without which Greece faces a potentially catastrophic default within weeks.
Toyota lifts annual profit forecast
posted: 02/08/2012 4:30 a.m. Discuss
Toyota Motor Corp. raised its annual profit forecast Tuesday despite a decline in its quarterly profit, as brisker sales in the United States gave the Japanese automaker a much-needed lift after a year overshadowed by natural disasters.
LR eatery sued over back rent
posted: 02/08/2012 4:27 a.m. Discuss
The owner of the old Gus Blass Co. building at 315 Main St. has sued for back rent from the owners of Porter’s Jazz Cafe on the first floor and in the basement of the building.
MARKET REPORT: Stocks climb on relief in Greece
posted: 02/08/2012 4:25 a.m. Discuss
Stocks resumed their slow but steady climb Tuesday as Greece appeared close to announcing a deal with creditors to cut its debt. The Dow Jones industrial average ended at its highest level since May 2008.
Official: Door still open for Keystone
posted: 02/08/2012 4:23 a.m. Discuss
The U.S. government has “left the door open” to approve the Keystone XL pipeline, which would make it the first of three proposed export routes for Canadian crude to be built, Alberta Energy Minister Ted Morton said Tuesday.
Business news in brief
posted: 02/08/2012 4:22 a.m. Discuss
QUOTE OF THE DAY “The European Commission has made it clear from the beginning that it is very important, not only for Greece but the euro and for the European project, to keep Greece in the euro.” Jose Manuel Barroso, president of the European Commission Article, 1D
Getting it straight
posted: 02/08/2012 4:21 a.m. Discuss
The Democrat-Gazette wants its news reports to be fair and accurate.
NEWS IN BRIEF
posted: 02/08/2012 4:20 a.m. Discuss
Fort Smith firm wins Olympics-ticket work Tickets for the 2012 London Olympics will be printed by Fort Smithbased Weldon, Williams & Lick Inc., angering some British politicians and organizations who said the deal should have gone to a United Kingdom business, Reuters reported Tuesday.
