News in brief

Four Tyson workers

injured at Iowa plant

Four Tyson Foods workers were injured Monday morning at a pork processing plant in Perry, Iowa.

According to the Springdale-based company, two workers were hospitalized, while the other two were treated at the plant by health professionals affiliated with the meatpacker.

Reporters at the scene said two of the employees were severely injured with burns to their faces, heads and upper torsos. Shortly after, the workers were flown to a burn treatment center in Iowa City.

Sheriff Chad Leonard of Dallas County said the incident involved a pressurized steam line.

"From what I understand ... it became unpressurized, and then something happened," Leonard said.

The names of the injured were not released.

-- Nathan Owens

Milken to keynote

business luncheon

Michael Milken, chairman of the Milken Institute, will discuss macroeconomic trends and restoring the American dream to all citizens as the featured speaker of the 24th Business Forecast Luncheon in Rogers early next year.

The luncheon will be held Jan. 26 at the John Q. Hammons Center from 11:30 a.m. to 1:30 p.m. It's coordinated by the Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas, Fayetteville.

The Milken Institute is a nonprofit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs and improve health, according to the institute's website.

The interim director of the Center for Business and Economic Research, Mervin Jebaraj, will give a forecast for the regional and state economy. Ross DeVol, Walton Fellow and former Milken Institute chief research officer, will moderate a question-and-answer session with Michael Milken after his speech.

-- John Magsam

State index gives up

2.18; 12 issues fall

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 2.18 to 402.50 Tuesday.

"U.S. equity markets closed lower as investors responded to weak economic reports and await the reconciliation of the tax reduction proposals," said Bob Williams, senior vice president and managing director of Simmons First Investment Group Inc. in Little Rock.

Twelve stocks declined and six advanced.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business on 12/06/2017

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