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Jim Kordsmeier
Business Editor
Recent stories by Jim Kordsmeier
GM to invest in two Flint, Mich., plants
FLINT, Michigan -- General Motors plans to invest more than $1 billion in two Flint manufacturing plants for the production of the next-generation internal combustion engine heavy-duty trucks.Gerald J...
June 6, 2023
Clean energy growth flourishing
BERLIN -- The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power...
June 2, 2023
Business people
BANKINGArmor Bank recently hired Angela Turpen as the Forrest City Branch Manager.Bobby Brown Private Wealth Advisors has added Timothy Anderson as a wealth adviser.Marcus Keller of Salt Lake City has...
May 28, 2023
News in brief
Belk opens Outletstore in RussellvilleThe Belk department store chain recently opened one of its new Belk Outlet stores in Russellville.The store at 3093 E. Main St., Suite B, opened on March 30. Of t...
April 11, 2023
As India’s population soars above all, fewer women have jobs
MUMBAI, India -- Sheela Singh cried the day she handed in her resignation.For 16 years, she had been a social worker in Mumbai, India's frenetic financial capital, and she loved the work. But her ...
April 11, 2023
Unpaid covid loans raise concern
Three years after Congress approved a historic amount of aid to keep small businesses from shuttering during the pandemic, the U.S. government is grappling with a new challenge: Getting its money back...
April 4, 2023
Prosecutors probe Credit Suisse
GENEVA -- The Swiss attorney general's office said Monday that it is investigating recent events surrounding embattled bank Credit Suisse, which is to be taken over by rival UBS.Switzerland's ...
April 4, 2023
Saudi Aramco reaches China refinery deals
RIYADH, Saudi Arabia -- Saudi Arabia's state-owned oil giant Aramco will invest billions of dollars in China's downstream petrochemicals industry, including the construction of a new refinery,...
March 28, 2023
Disney to cut 7,000 jobs to save in costs
Walt Disney Co. this week begins its plan to cut 7,000 jobs as part of a wider effort to rejuvenate the Burbank entertainment giant's finances and reach profitability at its streaming business.The...
March 28, 2023
Salary range postings on the rise
NEW YORK -- U.S. employers are increasingly posting salary ranges for job openings, even in states where it's not required by law, according to analysts with several major job search websites.Foll...
March 21, 2023
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