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Business news in brief

Subscriber onlyCar-Mart opens its 139th dealership America’s Car-Mart Inc. opened its 139th dealership, its fifth for the fiscal year, according to a Wednesday news release. Continue reading...

Heinz buying Kraft and building a $28 billion food giant

NEW YORK — H.J. Heinz Co. is buying Kraft Foods, creating one of the largest food and beverage companies in the world with annual revenue of about $28 billion. Continue reading...

Gas fuels consumer prices' rise

Labor Department: Index up 0.2% after 3-month slump

Subscriber onlyA slight rise in gasoline prices and broad increases in other categories lifted consumer prices in February, a welcome sign after three straight months of declines that had pointed to low inflation. Continue reading...

Market up 7.8% for new builds

Subscriber onlySales of new U.S. homes in February climbed to their fastest pace in seven years, as an otherwise dormant housing market showed fresh signs of life. Continue reading...

Landscape unclear, stocks slip again

Subscriber onlyU.S. stocks dropped Tuesday as investors weighed company news and the latest report on consumer prices. Continue reading...

Business news in brief

Subscriber onlyTelephone company to get $25M loan Southwest Arkansas Telephone Cooperative is one of three small rural telephone companies that will receive federal loans to upgrade copper-line-based systems to fiber-optics that will enable them to improve broadband communication services. Continue reading...

U.S. new-home sales surge in February

WASHINGTON — Sales of new U.S. homes in February climbed to their fastest pace in seven years, as an otherwise dormant housing market showed fresh signs of life. Continue reading...

Project looking at DNA of wheat

Gluten-free crop is goal of study

Subscriber onlyWICHITA, Kan. -- New research funded by farmers aims to breed a wheat variety for people who can't eat wheat and other grains, an endeavor that comes as consumer interest in gluten-free foods is booming. Continue reading...

Home sales edge up in February

But buyers hampered by low inventory, wintry weather

Subscriber onlyWASHINGTON -- Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months. Continue reading...

Wilson swings deal to buy Slugger brand

Sporting goods firm to pay $70M

Subscriber onlyThe company that made bats for a who's who of baseball greats, including Babe Ruth and Ted Williams, announced a deal Monday to sell its Louisville Slugger brand to rival Wilson Sporting Goods Co. for $70 million. Continue reading...

Fed official: Interest rates ripe for rise before end of '15

Subscriber onlyFederal Reserve Vice Chairman Stanley Fischer said Monday that raising interest rates from near zero "likely will be warranted before the end of the year," and subsequent increases probably won't be uniform or predictable. Continue reading...

With eye on Europe, market dips

Subscriber onlyNEW YORK -- A late turn pulled the stock market to a loss Monday, as major indexes wavered after a strong run last week. Continue reading...

U.S. home sales rebound slightly in February

WASHINGTON — Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months. Continue reading...

Wal-Mart supplier predicts more price cuts

Subscriber onlyLi &Fung Ltd., which supplies Wal-Mart Stores Inc., fell the most in more than two years in Hong Kong trading after saying competition for shoppers probably will cause its customers to offer discounts again this year. Continue reading...

Twitter, streamer work out alliance

Deal gives users 32 million songs

Subscriber onlyRhapsody International Inc. will make its 32 million songs available to users of Twitter Inc., the first music-streaming service to let people listen to a full library of licensed tunes within the social network. Continue reading...