Top News & Analysis Arkansas

  • Looking ahead to next year, restructuring advisers said they expect more energy-related bankruptcy filings, as the sector prepares for an upturn that could follow implementation of President-elect Donald Trump's pro-drilling agenda or OPEC's plan to cut oil production for the first time in eight years. Denver- based Bonanza Creek, with oil and natural gas...

  • NEW YORK, Dec 21- Oil futures fell on Wednesday after Libya said it expects to boost production over the next few months and a report showing a surprise build in U.S. crude inventories last week. "The big news of the day is that it looks like we're going to get more crude out of Libya," said James Williams, president of energy consultant WTRG Economics in Arkansas.

  • NEW YORK, Dec 21- Oil futures fell on Wednesday after Libya said it expects to boost production over the next few months and a report showing a surprise build in U.S. crude inventories last week. Brent futures for February delivery were down 95 cents, or 1.7 percent, at $54.40 a barrel by 1:40 p.m. EST. "The big news of the day is that it looks like we're going to get more...

  • ARECIBO, Puerto Rico, Dec 20- Prudo Jimenez was born on a sugar farm here in 1941, when agriculture ruled Puerto Rico's economy. He grew up to be a supervisor for drug maker Syntex in the 1960 s, after U.S. manufacturers came in droves, seeking a tax haven. Carlos Jimenez, 48, and Anjoe, 50, each started businesses only to see them go under in a decade-long economic slump...

  • *Brent fails to break $53 a barrel technical support. *OPEC members to cut oil deliveries to Asia customers in January. NEW YORK, Dec 15- Oil settled little changed on Thursday after sliding to its lowest level in a week in volatile trade, but a surging dollar did not pressure prices below technical support levels as OPEC members told customers they would cut crude...

  • President-elect Donald Trump convenes a gathering of leaders of some of the largest technology companies at his New York headquarters on Wednesday as he continues to hold meetings before taking office on Jan. 20. *Amazon.com Inc CEO Jeff Bezos. *Palantir Technologies Inc CEO Alex Karp.

  • *OPEC, Russian oil output at record highs. *Saudi price war could undermine OPEC promise. NEW YORK, Dec 6- Oil prices on Tuesday ended lower for the first time since OPEC agreed on Nov. 30 to cut output, as data showing record high production in the producer group fed skepticism that it would be able to reduce supplies.

  • *OPEC, Russian oil output at record highs. *Saudi price war could undermine OPEC promise. NEW YORK, Dec 6- Oil prices on Tuesday ended lower for the first time in a week since OPEC agreed to cut output on growing skepticism that the cartel would be able to reduce supplies as data showed record high production in most major export regions.

  • President-elect Donald Trump said on Monday he would nominate retired neurosurgeon Ben Carson, a presidential rival-turned-supporter to serve as Department of Housing and Urban Development secretary. *Jon Huntsman, former Republican Utah governor and ambassador to China under President Barack Obama, ran for 2012 Republican presidential nomination in...

  • WASHINGTON, Nov 28- U.S. companies are looking for ways to persuade President-elect Donald Trump to soften his threats to cancel the Obama administration's opening to Cuba, a reversal they fear could cost them hundreds of millions of dollars. During his campaign, Trump said he thought restoring diplomatic ties with Cuba was fine, but that Democratic President...

  • *Nigeria sees OPEC expert consensus on Tuesday. NEW YORK, Nov 22- Oil ended little changed on Tuesday in volatile trade that saw prices rise and fall by $1 a barrel depending on the latest comment from OPEC officials at a technical conference in Vienna on whether the cartel members would agree to an output cut. During the session, Brent gained $1 a barrel, bringing it...

  • Nov 21- President-elect Donald Trump, working to fill administration positions ahead of his inauguration on Jan. 20, was scheduled to hold talks in New York on Monday with former Texas Governor Rick Perry, who is being considered for Cabinet posts including defense, energy and veterans affairs. Trump met with aides and contenders for top U.S. posts over the...

  • Nov 21- Tyson Foods Inc reported a lower-than-expected quarterly profit on Monday and said Chief Executive Donnie Smith would step down at the end of the year as the No. 1 U.S. meat processor looked to sell more branded prepared foods. "The board's decision to name Tom CEO at this time was based on both his track record and how his skills align with the company's...

  • *4th- qtr profit $0.96/ shr vs. est. Nov 21- Tyson Foods Inc posted a lower-than-expected quarterly profit and said Chief Executive Donnie Smith would step down at the end of the year as the No. 1 U.S. meat processor looks to expand its presence in branded prepared foods. Tyson, whose shares were down 13.8 percent in premarket trading on Monday, said its president, Tom...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...