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Clarke Tucker wins Democratic nomination for Congress in Arkansas' 2nd District

Tuesday, May 22, 2018, 10:47 p.m.

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News in brief: Walmart again No. 1 on Fortune 500 list

posted: 05/22/2018 4:30 a.m. Discuss

Walmart Inc. remained No. 1 on Fortune magazine's list of the 500 largest companies by revenue in the U.S.

U.S. hits at NAFTA skilled-job visas

posted: 05/22/2018 1:50 a.m. Discuss

WASHINGTON -- The Trump administration is working to slash the number of visas granted to Canadian and Mexican professionals as part of ongoing NAFTA negotiations among the three countries.

Scrutiny of tech industry widens

posted: 05/22/2018 1:49 a.m. Discuss

Treasury Secretary Steven Mnuchin on Monday urged the Justice Department to examine the power that large technology firms such as Google have over the American economy, making him the latest U.S. official to back antitrust review of the industry.

Drought worsens for rangeland

posted: 05/22/2018 1:49 a.m. Discuss

OKLAHOMA CITY -- Worsening drought conditions have stressed crops and rangelands and placed new pressures on groundwater sources across the U.S. Southern Plains, climatologists from the region said Monday.

Brits call business a partner to Russia

posted: 05/22/2018 1:48 a.m. Discuss

LONDON -- The British Parliament's foreign affairs committee slammed the government Monday for "turning a blind eye" to the role London's financial center plays in laundering the proceeds of Russian corruption, saying it helps the Kremlin finance its aggressive foreign policy.

GE jumps with $11.1B Wabtec rail deal

posted: 05/22/2018 1:48 a.m. Discuss

General Electric Co. rose the most in a month as Chief Executive Officer John Flannery took the biggest step yet in his plan to revitalize the beleaguered manufacturer: merging its century-old locomotive business with Wabtec Corp. in a deal valued at $11.1 billion.

Unlikely to block Comcast's Sky move, U.K. official says

posted: 05/22/2018 1:48 a.m. Discuss

LONDON -- Britain's culture secretary said Monday that he was unlikely to block the U.S. cable giant Comcast's proposed takeover of the British satellite broadcaster Sky, the latest twist in a merger battle between Comcast and Rupert Murdoch's 21st Century Fox.

MARKET REPORT: Hope for U.S.-China trade raises stock market

posted: 05/22/2018 1:47 a.m. Discuss

NEW YORK -- Industrial and technology companies led stocks to solid gains Monday after the United States and China appeared to make significant progress in trade talks. That helped ease concerns among investors that the world's two biggest economies might be headed for a trade war.

EU law leaves firms scrambling

posted: 05/22/2018 1:46 a.m. Discuss

LONDON -- Lisa Meyer's hair salon is a cozy place where her mother serves homemade macaroons, where children climb on chairs and customers chat above the whirring of hairdryers.

Wells Fargo to expand auto lending

posted: 05/22/2018 1:46 a.m. Discuss

Wells Fargo & Co. Chief Executive Officer Tim Sloan said the firm is ready to increase lending for car sales after pulling back last year, and it's now looking with consternation at the commercial real estate market.

Business news in brief

posted: 05/22/2018 1:45 a.m. Discuss

Zuckerberg's EU testimony to air on Net

Business bloc aims to boost southwest Little Rock

posted: 05/20/2018 4:30 a.m. Comments 3

A nascent group of business executives from southwest Little Rock wants their area to be included with other parts of the capital city often promoted using some variation of a "great place to live, work, invest and play."

Chef's Thai food spices things up in southeast Arkansas and beyond

updated: 05/21/2018 4:30 a.m. Comments 2

The hot day at the 2011 Bradley County Pink Tomato Festival in Warren didn't start with much promise for Chaiporn "Paul" Phurisri and his Tiny Thai Trailer.

REAL ESTATE TRANSACTIONS: Little Rock E-Z Mart sells for $1.3 million after chain changes hands

posted: 05/20/2018 4:30 a.m. Discuss

National Retail Properties Limited Partnership, a firm with several Pulaski County purchases in recent years, paid $1.3 million for an E-Z Mart convenience store last month.

Smaller-scale outfits battle big operators as drone work soars

posted: 05/20/2018 2:12 a.m. Discuss

Andy Trench made $2,000 a day in 2015 taking sky-high photographs along the East Coast with a drone he made himself. Now, that same work fetches about $175.

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