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Arkansas out-of-job rate dips to 6.2%

Labor force also falls in past year

Subscriber onlyArkansas' unemployment rate fell in June to 6.2 percent, down from 6.4 percent in May, the U.S. Bureau of Labor Statistics said Friday. Continue reading...

AbbVie strikes deal to acquire rival Shire

Subscriber onlyThe pharmaceutical company AbbVie agreed Friday to buy its European rival Shire for about $54 billion in the biggest takeover deal this year. Continue reading...

GE's profit jumps 13% in quarter

Consumer-lending IPO set to go this month, company says

Subscriber onlyNEW YORK -- General Electric's net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions. Continue reading...

Gauge points to economic growth

Indicators rise 0.3 percent, marking 5th straight bump

Subscriber onlyWASHINGTON -- A gauge designed to predict the economy's future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year. Continue reading...

U.S.-EU trade talks hit stumbling blocks

Chlorine-rinsed chicken among snags

Subscriber onlyProcessed meats and the prospect of genetically modified foods on dinner tables across the European Union are proving serious impediments to the signing of a free trade agreement between the United States and the 28-country bloc. Continue reading...

U.S. oil-export ban seen dying one ruling at a time

Subscriber onlyThe 4-decade-old ban on most crude exports from the U.S., now the world's largest producer, will be weakened bit by bit as government rulings allow exceptions, said energy analysts including IHS Inc. Continue reading...

Stocks rebound on earnings news

Subscriber onlyInvestors jumped on a wave of strong corporate financial results Friday, propelling stocks higher for the third time in five days. Continue reading...

Business news in brief

Subscriber onlyNewspaper leader takes Gannett post Continue reading...

Report: Kroger checks Wal-Mart

Analysts raise smaller grocer’s rating, target stock price

Subscriber onlyA grocery market analyst said in a report this week that Wal-Mart Stores Inc. is posing less of a competitive threat to Kroger Co., and, as a result, raised Kroger’s rating and target stock price. Continue reading...

Storage of gas beating forecast

Prices fall lower as stockpile rises

Subscriber onlyNatural gas prices fell to a seven-month low Thursday after a government report said the nation's stockpiles saw another record injection last week. Continue reading...

Senators call for GM lawyer's firing

Subscriber onlyWASHINGTON -- Lawmakers on Thursday demanded General Motors fire its chief lawyer and open its compensation plan to more potential victims as a Senate subcommittee delved deeper into GM's mishandling of the recall of small cars with defective ignition switches. Continue reading...

Earnings, global strife sink stocks

Subscriber onlyThe downing of a passenger plane flying over Ukraine rattled U.S. financial markets Thursday, deepening a slide set off by a batch of disappointing earnings reports and a weak home-construction report. Continue reading...

Business news in brief

Subscriber only2 alumni to receive awards from UALR Continue reading...

Time Warner snubs Fox bid of $80 billion

Investors buy up stock, see Murdoch sweetening offer

Subscriber onlyRupert Murdoch's 21st Century Fox approached Time Warner last month about merging the two companies in a deal valued at $80 billion, but the offer was rejected, the companies reported Wednesday. Continue reading...

Flag raised on deals to duck taxes

U.S. firms set up abroad, avoid hit

Subscriber onlyThe Obama administration is calling for immediate congressional action to stop U.S. companies from using cross-border mergers to escape the country's tax system, the latest trend in corporate deal-making. Continue reading...