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Company advances oil pipeline project

posted: 08/22/2014 2:21 a.m. Discuss

Plains All American Pipeline LP said Thursday it will press forward with plans to build a 20-inch pipeline to carry crude oil from Cushing, Okla., to Memphis.

Week's jobless claims fall 14,000

posted: 08/22/2014 2:19 a.m. Discuss

WASHINGTON -- Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving.

Car-Mart gains, revenue beat 1st-quarter forecasts

posted: 08/22/2014 2:17 a.m. Discuss

Buy-here, pay-here used-car dealer America's Car-Mart smashed earnings and revenue estimates for its first quarter, saying its efforts to find and retain customers are paying off.

Market report: Stocks up as S&P; 500 breaks record

posted: 08/22/2014 2:16 a.m. Discuss

NEW YORK -- The stock market advanced for a fourth straight day Thursday, pushing the Standard & Poor's 500 index to a record high.

News in brief

posted: 08/22/2014 2:15 a.m. Discuss

Court: Tyson must pay workers to dress

Business news in brief

posted: 08/22/2014 2:14 a.m. Discuss

30-year mortgage rate 4.10%, year's low

Bank penalty $17 billion

posted: 08/21/2014 4:59 a.m. Comments 4

Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.

Grain payment defaults draw suit

posted: 08/21/2014 2:37 a.m. Comment 1

Farmers in southeast Arkansas have filed suit in Lee County Circuit Court seeking an undisclosed amount of money or return of their grain for which they contracted with Turner Merchandising Inc. to sell.

Target scales back 2014 forecast

posted: 08/21/2014 2:36 a.m. Comment 1

Target Corp. has reduced its financial outlook twice since Brian Cornell was named chief executive officer three weeks ago. Now the company's new leader has to show he can clear that lower bar.

Apple hits new high on rebound

posted: 08/21/2014 2:35 a.m. Discuss

Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.

Holiday peak to see open registers

posted: 08/21/2014 2:33 a.m. Comment 1

During Wal-Mart's recent 2014 U.S. Holiday Meeting in Denver, the company vowed to keep all its cash registers open during peak hours at its 3,800 Supercenters and discount stores every weekend from Black Friday through Christmas.

Lowe's: Will buy overseas, not build

posted: 08/21/2014 2:32 a.m. Discuss

If North Carolina-based Lowe's Inc. decides to expand overseas, Chief Executive Officer Robert Niblock said the home improvement company will look to do so by buying existing firms, rather than muscling in with more Lowe's stores.

Fed signals quicker exit on stimulus

posted: 08/21/2014 2:30 a.m. Discuss

Federal Reserve officials raised the possibility that they might begin removing aggressive stimulus sooner than anticipated, as they neared agreement on an exit strategy, according to minutes of their July meeting released Wednesday.

Fired for health-program refusal, suit says

posted: 08/21/2014 2:27 a.m. Discuss

Orion Energy Systems Inc. was sued Wednesday by the U.S. Equal Employment Opportunity Commission for reportedly punishing, then firing, a worker who refused to participate in a company wellness program.

Berkshire to pay $896,000 for failing to report investment

posted: 08/21/2014 2:27 a.m. Discuss

Warren Buffett's company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp. beforehand.

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