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Friday, August 29, 2014, 3:21 p.m.
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Updating lifts GDP's rise to 4.2%

posted: 08/29/2014 3:25 a.m. Discuss

The economy in the U.S. expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years.

Jobless-aid claims drop by 1,000

posted: 08/29/2014 1:59 a.m. Discuss

WASHINGTON -- The number of Americans seeking unemployment benefits slipped 1,000 last week to a seasonally adjusted 298,000, a low level that signals employers are cutting few jobs and hiring is likely to remain strong.

Tyson now 1st in meat brands

posted: 08/29/2014 1:58 a.m. Discuss

Tyson Foods completed its acquisition of Hillshire Brands on Thursday, transforming Tyson into the world's largest seller of prepared meats and affirming its commitment to growth via branded, value-added foods.

July sees home sales jump

posted: 08/29/2014 1:57 a.m. Discuss

Home sales in Arkansas jumped 10.8 percent in July compared with July last year, the Arkansas Realtors Association said Thursday.

Judge lifts Turner Commodities' frozen-assets order

posted: 08/29/2014 1:56 a.m. Discuss

MARIANNA -- A window into the operations of Turner Grain Merchandising Inc. was opened Thursday during a hearing on a motion in the case that has riveted attention on the operations of the firm linked to defaults to farmers that state agricultural officials have estimated at between $20 million and $50 million.

CEO's return, deal end supermarket-chain rift

posted: 08/29/2014 1:55 a.m. Discuss

TEWKSBURY, Mass. -- Hours after reaching an agreement to buy the company, the restored chief of New England's Market Basket supermarket chain celebrated with workers in a rally at headquarters Thursday, saying he loved them and appreciated their efforts in helping him regain control.

Chamber: EPA's plan risk to jobs

posted: 08/29/2014 1:54 a.m. Discuss

Meeting the clean-air standards proposed by the federal Environmental Protection Agency will drive up electricity prices and reduce jobs in Arkansas, a representative of the U.S. Chamber of Commerce said Thursday.

Market report: Stocks slump after week's highs

posted: 08/29/2014 1:54 a.m. Discuss

U.S. financial markets ended slightly lower Thursday, marking their first loss in a week of record highs.

Business news in brief

posted: 08/29/2014 1:53 a.m. Discuss

Profit falls for Wal-Mart unit in S. Africa

News in brief

posted: 08/29/2014 1:52 a.m. Discuss

Dairy farms offered safety net on prices

1.5% projected for U.S. growth

posted: 08/28/2014 4:52 a.m. Discuss

The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by 1.5 percent this year, undermined by a poor performance during the first three months of the year.

Tyson to break off hog division

posted: 08/28/2014 2:37 a.m. Discuss

Tyson Foods and Hillshire Brands have reached an agreement with the Antitrust Division of the Justice Department that requires Tyson to operate its Heinold Hog Markets division as an independent business in order to acquire Hillshire.

Malaysia Airlines revamp set

posted: 08/28/2014 2:36 a.m. Discuss

Malaysia is preparing to unveil the latest overhaul of its beleaguered, state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers.

Bundle rules at SEC get tighter

posted: 08/28/2014 2:34 a.m. Discuss

Financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, will have to give investors details on borrowers' credit records and incomes under action taken Wednesday by federal regulators.

Genetics, computer experts introduced as research scholars

posted: 08/28/2014 2:33 a.m. Discuss

A scientist who specializes in the molecular genetics of blood cell cancers, and a pioneer in computer virtual reality were introduced Wednesday as Arkansas Research Alliance Scholars.

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