Business*
Photo by Paul Sakuma / AP
Job recruiters wait for applicants Wednesday at a job fair at Skyline College in San Bruno, Calif.
ADVERSTISMENT
Jobless rate rises to 10.2%
Level highest since 1983; climb not expected to stop
Posted: November 7, 2009 5:16 a.m.
The unemployment rate in the U.S. rose to 10.2 percent in October, the Labor Department said Friday.
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Droid sent out to battle iPhone
Verizon’s smart phone employs Google’s Android operating system
Posted: November 7, 2009 5:15 a.m.
In one corner is Apple’s iPhone. Launched in 2007, it revolutionized the smartphone market with its sleek exterior and a collection of applications that seems to grow more extensive by the day.
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NEWS IN BRIEF
Posted: November 7, 2009 3:34 a.m.
Entergy’s quarterly profit up 5 percent Entergy Arkansas Inc. had net income of $52.9 million in the third quarter, Entergy Corp. of New Orleans said in its quarterly filing released Friday.
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State’s farm losses forecast to worsen
Just too much rain, researchers say
Posted: November 7, 2009 3:32 a.m.
Arkansas farm losses due largely to an abnormally wet year are projected to be well over $225 million, a team of agricultural researchers said Friday.
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China bashes U.S. pipe tariffs, starts auto inquiry
Posted: November 7, 2009 3:30 a.m.
China criticized Washington for imposing anti-dumping duties on Chinese-made steel pipes and started an investigation Friday of imported U.S. autos, adding to trade tensions two weeks before President Barack Obama visits Beijing.
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G-20 seeking to secure post-recession growth
Posted: November 7, 2009 3:28 a.m.
The world’s top finance officials sought agreement Friday on ways to secure future global economic growth as much of the world emerges from recession.
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Retailer war on prices mounts
Pre-Christmas sales push starts
Posted: November 7, 2009 3:27 a.m.
Black Friday Christmas sale advertisements began showing up online late this week as a price war over online book and DVD sales escalated, driven largely by Wal-Mart Stores Inc.
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Hay yield cut in half by rainfall
Posted: November 7, 2009 3:25 a.m.
Record rainfall from one-after-another storms in September and October has halved the hay crop of some Arkansas farmers, according to state forage experts.
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MARKET REPORT Job news ray of light for investors
Posted: November 7, 2009 3:24 a.m.
Investors added to the week’s strong gains in the stock market after finding some positives in a surprisingly weak jobs report.
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Bailout-flush Ally Bank irks rivals with deals, ads
Posted: November 7, 2009 3:21 a.m.
Its TV and print ads poke fun at the baitand-switch tactics of other banks. Its interest rates on CDs have been the most generous in the industry.
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U.S. natural gas supply has 30 years left, Pickens says
Posted: November 7, 2009 3:16 a.m.
T. Boone Pickens, who has spent more than a year telling Americans the answer to their energy woes is natural gas, said Thursday that the U.S. natural gas supply will probably dry up in about 30 years.
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Business news in brief
Posted: November 7, 2009 3:15 a.m.
QUOTE OF THE DAY “I’ve probably lost about $100,000 just on the alfalfa.” Jack Whitfield, owner of Toltec Hay Farm in Scott, who added that his entire 160 acres of top-quality alfalfa is dead.
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Conway plant to stop making school buses
Ax is over 477 jobs; work to go to Tulsa
Posted: November 6, 2009 6:27 a.m.
The owner of school-bus maker IC Corp. in Conway told employees Thursday that it will soon cease assembling buses there and cut up to 477 jobs starting as early as January.
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Companies see productivity soar
Some analysts say workers’ stepped-up pace a hiring disincentive
Posted: November 6, 2009 5:58 a.m.
Companies across the nation are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.
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Sales up; stores look to Christmas
Posted: November 6, 2009 5:51 a.m.
October’s retail sales results, the best performance since April 2008, show that Americans are spending a little more. But will they be willing to pay full price this Christmas season?
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