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Smiling Shkreli silent before House

posted: 02/05/2016 2:33 a.m. Comments 9

WASHINGTON -- Former pharmaceutical chief Martin Shkreli refused to testify Thursday in an appearance before U.S. lawmakers about price increases for a drug sold by a company that he acquired, vexing the committee members questioning him.

2 firms teaming to battle diabetes

posted: 02/05/2016 2:28 a.m. Discuss

Johnson & Johnson, continuing its quest for a Type 1 diabetes cure, is joining forces with biotech company ViaCyte to speed development of the first stem-cell treatment that could fix the life-threatening hormonal disorder.

Texas tough despite global oil glut

posted: 02/05/2016 2:25 a.m. Discuss

While the crude industry is suffering from a global glut, Texas oil drillers are managing to stay afloat.

Online sites look to take haggle out of auto buying

posted: 02/05/2016 2:23 a.m. Discuss

DETROIT -- Haggling over a car price isn't always a bargain. There are discount offers and long waits while the salesman checks with his manager, among the many horror stories.

Market report: Stocks up a bit as jobs report awaited

posted: 02/05/2016 2:21 a.m. Discuss

NEW YORK -- U.S. stocks posted modest gains Thursday as investors await today's closely watched jobs report, which could offer insight about the U.S. economy and help determine whether the Federal Reserve raises interest rates again next month.

Earnings report

posted: 02/05/2016 2:21 a.m. Discuss

Companies reporting quarterly earnings Thursday included:

40% pay raise won't fly, Delta tells 13,000 pilots

posted: 02/05/2016 2:18 a.m. Discuss

Delta Air Lines Inc. said a pilots' proposal that includes raises of almost 40 percent compounded over three years isn't reasonable, suggesting contract talks with its 13,000 aviators may drag on.

Business news in brief

posted: 02/05/2016 2:17 a.m. Discuss

LinkedIn's 4Q results miss forecasts

News in brief

posted: 02/05/2016 2:16 a.m. Discuss

City in Texas to get Windstream Kinetic

North Little Rock-based merchant acquires 'Tales from the South' radio show

posted: 02/04/2016 5:45 a.m. Discuss

North Little Rock-based Bourbon & Boots, an online merchant that sells gifts, jewelry and clothing, has purchased radio show and media company Tales from the South.

NW Arkansas posts jobless rate of 3.2%

posted: 02/04/2016 5:45 a.m. Discuss

Northwest Arkansas' unemployment rate was 3.2 percent in December, the lowest among the state's metropolitan areas, the U.S. Bureau of Labor Statistics said Wednesday.

Arkansas Index dips 0.49; 11 issues fall

posted: 02/04/2016 5:45 a.m. Discuss

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 0.49 to 290.91 Wednesday.

LR tech park loans lowered to $17.1M to reflect appraisal

posted: 02/04/2016 2:05 a.m. Discuss

The Little Rock Technology Park Authority Board on Wednesday reduced the amount it will borrow to buy property in the first phase of the $100 million tech hub.

GM's profit soars to $6.3B in 4Q

posted: 02/04/2016 2:04 a.m. Discuss

General Motors earned $6.3 billion in the fourth quarter, helped by a large tax benefit tied to revalued assets in certain European countries.

Growth in service industries slows

posted: 02/04/2016 2:03 a.m. Discuss

Service industries expanded in January at the slowest pace in nearly two years, raising the risk that persistent weakness in manufacturing is starting to creep into the rest of the U.S. economy.

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