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Market report: Banks, materials lead stocks up

posted: 12/09/2016 1:43 a.m. Discuss

After a quiet start, major U.S. stock indexes again set all-time highs Thursday afternoon as the market built on Wednesday's surge. Banks continued to lead the way as bond yields jumped, and small-company stocks soared again.

Business news in brief

posted: 12/09/2016 1:42 a.m. Discuss

Jobless-benefits claims down 10,000

News in brief

posted: 12/09/2016 1:41 a.m. Discuss

CapRocq closes buy of Wells Fargo site

Wal-Mart: Police calls fall since theft-prevention steps

posted: 12/08/2016 5:45 a.m. Discuss

Wal-Mart Stores Inc. said there has been a reduction in the number of times police have been called to its stores on average nationwide since implementing a pair of theft-prevention programs.

Downtown Little Rock hotel remodel to wrap up in March

posted: 12/08/2016 5:45 a.m. Discuss

Renovations of the 150-room Holiday Inn Presidential at 600 Interstate 30 in Little Rock have begun and are expected to be completed in March.

Market report: Stocks rally sends Dow, S&P climbing to all-time records

posted: 12/08/2016 5:45 a.m. Discuss

The Dow Jones industrial average and Standard & Poor's 500 indexes soared Wednesday to their biggest gains since the presidential election and set all-time highs.

12,000 new cafes part of Starbucks' 5-year global plan

posted: 12/08/2016 5:45 a.m. Discuss

Seattle-based Starbucks Corp., the world's largest coffee-shop chain, said Wednesday that it plans to add 12,000 locations globally in the next five years.

Oaklawn schedules job fairs to hire 500

posted: 12/08/2016 5:45 a.m. Discuss

Oaklawn Racing and Gaming in Hot Springs said Wednesday that it will hold two job fairs this week as it seeks to fill 500 seasonal positions by the time racing season begins in January.

Arkansas Index sees 13 stocks advance

posted: 12/08/2016 5:45 a.m. Discuss

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, climbed 6.65 to 375.92 Wednesday, its highest level since June 2015.

Tyson's '17 CEO suggests focuses

posted: 12/08/2016 2:13 a.m. Discuss

Tom Hayes, president of Tyson Foods and the incoming chief executive officer, dropped hints about acquisitions and investments at the Bernstein Consumer Summit in New York on Wednesday.

Eatery chains draw investor activism

posted: 12/08/2016 2:12 a.m. Discuss

When executives from Chipotle Mexican Grill delivered a bleak outlook for the chain during an investment conference Tuesday, attendees steered the discussion toward a would-be savior: Bill Ackman.

Tone changes on AT&T merger

posted: 12/08/2016 2:10 a.m. Discuss

When AT&T and Time Warner announced their $85.4 billion deal in October, lawmakers greeted the acquisition frostily. Now their tone has become more encouraging.

Truckers hear take on top-2 concerns

posted: 12/08/2016 2:09 a.m. Discuss

Rebecca Brewster, president and chief operating officer of the American Transportation Research Institute, said Wednesday that a driver shortage and a mandate for electronic logging devices are top concerns facing motor carriers.

Job openings fall 1.8% in October

posted: 12/08/2016 2:08 a.m. Discuss

U.S. employers posted fewer jobs in October than the previous month, but job openings are still at a mostly healthy level that points to steady hiring ahead.

6-month extension expected for eurozone stimulus

posted: 12/08/2016 2:06 a.m. Discuss

Faced with weak growth and inflation across the 19-country eurozone, the European Central Bank is expected to extend its stimulus program for at least six months when it concludes its policy meeting today.

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