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FDA rolls out proposal to regulate e-cigarettes

posted: 04/25/2014 3:41 a.m. Discuss

The federal government’s proposal to regulate the $3 billion e-cigarette market, issued Thursday by the Food and Drug Administration, bans sales to anyone under 18, adds warning labels and requires FDA approval for new products.

Getting it straight

posted: 04/25/2014 3:18 a.m. Discuss

The Democrat-Gazette wants its news reports to be fair and accurate.

FCC said to debate Web traffic fees

posted: 04/25/2014 2:27 a.m. Discuss

New Internet traffic rules, proposed by Federal Communications Commission Chairman Tom Wheeler, will allow Internet providers to charge content companies, such as Netflix Inc., for faster service to customers, media reports said Thursday.

Trucker to offer tracking via Web

posted: 04/25/2014 2:26 a.m. Discuss

LOWELL — A new digital platform scheduled for launch by J.B. Hunt Transport Services Inc. will modernize and simplify the process of scheduling and tracking deliveries, shareholders were told during Thursday’s annual meeting.

GM’s 1st-quarter profit dives 86%

posted: 04/25/2014 2:24 a.m. Discuss

DETROIT — The cost of recalling nearly 7 million cars and trucks sank General Motors’ first-quarter profit, but the company’s chief executive officer said the much-publicized recalls have yet to cut into sales.

First-quarter income improves for P.A.M.

posted: 04/25/2014 2:21 a.m. Discuss

P.A.M. Transportation Services Inc. reported firstquarter income of $1.35 million, an improvement from the same period last year that came despite a drop in total revenue.

Jobless-aid filings jump by 24,000

posted: 04/25/2014 2:19 a.m. Discuss

WASHINGTON — The number of people seeking U.S. unemployment benefits surged 24,000 to a seasonally adjusted 329,000 last week, though the gain likely reflected temporary layoffs in the week before Easter.

NEWS IN BRIEF

posted: 04/25/2014 2:12 a.m. Discuss

Lonoke plant making ammunition for Navy The Remington Arms Co. plant in Lonoke has received a $1.82 million contract from the U.S. Naval Sea Systems Command, Crane Division to produce 12-gauge shotgun slugs.

Business news in brief

posted: 04/25/2014 2:10 a.m. Discuss

QUOTE OF THE DAY “You’re hard-pressed to make much of weekly wiggles. We still expect that the broader trend in claims will continue to hover around 300,000.” Tom Porcelli, RBC Capital Markets LLC chief U.S. economist, on Thursday’s weekly unemployment claims report

MARKET REPORT: Apple, Caterpillar help lift stocks

posted: 04/25/2014 2:08 a.m. Discuss

NEW YORK — The stock market closed mostly higher Thursday, helped by positive earnings out of several large U.S. companies including Apple and construction equipment-maker Caterpillar.

Earnings report

posted: 04/25/2014 1:58 a.m. Discuss

Companies reporting quarterly earnings Thursday included: Altria Group Inc., the cigarette maker, a profit of $1.17 billion, or 59 cents a share, down from $1.38 billion, or 69 cents a share, a year ago.

Wal-Mart’s McMillon paid $25.3 million in fiscal 2014

posted: 04/24/2014 5:10 a.m. Comments 4

Wal-Mart’s top earner for the retailer’s 2014 fiscal year is new President and Chief Executive Officer Doug McMillon, whose total compensation package doubled to $25.3 million, according to a Wednesday filing with the federal Securities and Exchange Commission.

Landers, athletes work on car pact

posted: 04/24/2014 3:20 a.m. Discuss

Steve Landers said Wednesday that he is in negotiations with baseball superstar Alex Rodriguez and former National Basketball Association great Karl Malone to form an auto group.

Rain interrupts state’s planting

posted: 04/24/2014 3:19 a.m. Discuss

Arkansas farmers are dealing with a stop-and-go planting season, frequently halting operations as rain forces them to wait for fields to dry out.

Toyota on top for third straight quarter

posted: 04/24/2014 3:16 a.m. Discuss

Toyota outsold General Motors and Volkswagen for a third consecutive quarter, helped by rising demand in Japan and China.

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