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Fender's move to direct online sales upsets guitar dealers

posted: 01/29/2015 2:14 a.m. Discuss

Fender's curvy Stratocasters, Telecasters and Jazz Basses have been must-have features on guitar shop walls for decades.

Market report: Oil-hit stocks end 2nd day down

posted: 01/29/2015 2:13 a.m. Discuss

The Federal Reserve's latest take on the U.S. economy got investors in a selling mood Wednesday, as stocks fell sharply for the second straight day.

Business news in brief

posted: 01/29/2015 2:10 a.m. Discuss

CEO resigning as McDonald's struggles NEW YORK -- McDonald's chief executive Don Thompson is stepping down as the world's biggest hamburger chain fights to hold on to customers and transform its image.

News in brief

posted: 01/29/2015 2:06 a.m. Discuss

Avian flu disrupts California exports A slew of countries have banned poultry exports from California after avian influenza was found in a commercial turkey farm on Saturday.

State jobless rate falls again, hits 5.7%

posted: 01/28/2015 2:28 a.m. Discuss

Unemployment in Arkansas fell to 5.7 percent in December -- marking the fourth-straight month of declines, the U.S. Bureau of Labor Statistics said Tuesday.

Durable-goods orders drop 3.4%

posted: 01/28/2015 2:26 a.m. Discuss

Orders for long-lasting manufactured goods dropped sharply in December, as U.S. businesses trimmed spending amid escalating worries about the global economy.

Thai junta to sell stockpiled rice

posted: 01/28/2015 2:25 a.m. Discuss

In a government building outside Bangkok, along the murky Chao Phraya River, Thailand's ruling junta is preparing to unload a mountain of rice on an already oversupplied world. And there's more on the way.

Council outlines goals for 3 years

posted: 01/28/2015 2:24 a.m. Discuss

Anticipating infrastructure needs, improving workforce development and creating a succession plan for current regional leadership are among the key elements of a three-year strategic plan unveiled Tuesday by the Northwest Arkansas Council.

Market report: Company outlooks chill investors, rattle falling stock market

posted: 01/28/2015 2:22 a.m. Discuss

U.S. stocks slumped Tuesday after some of the market's largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year.

Sales of new homes increase 11.6 percent in December

updated: 01/28/2015 2:21 a.m. Discuss

New home sales climbed 11.6 percent last month to a seasonally adjusted annual rate of 481,000, the Commerce Department said Tuesday.

Earnings report

posted: 01/28/2015 2:18 a.m. Discuss

Companies reporting quarterly earnings Tuesday included: American Airlines Group Inc., a profit of $597 million, or 84 cents a share, from a loss of $2 billion, or $5.38 a share, a year ago. Revenue rose 2.1 percent to $10.16 billion. Shares fell $2.76 to close at $52.69.

Business news in brief

posted: 01/28/2015 2:17 a.m. Discuss

IPhone sales power 30% boost for Apple SAN FRANCISCO -- The popularity of plus-sized iPhones helped Apple Inc. smash Christmas season sales records.

News in brief

posted: 01/28/2015 2:15 a.m. Discuss

Tyson set to expand, hire 500 in Georgia Tyson Foods will invest $110 million in its Vienna, Ga., plant and hire an additional 500 workers.

Pratt Place to maintain operations in wake of Chapter 11 filing

posted: 01/28/2015 1 a.m. Discuss

A Fayetteville inn and event center will continue operations despite a recent bankruptcy court filing, its owner said.

Florida utility to triple output from solar

posted: 01/28/2015 1 a.m. Discuss

NextEra Energy Inc.'s Florida Power & Light Co. is planning to build three solar plants to triple its photovoltaic capacity by the end of 2016.

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