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Top News & Analysis Arkansas

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  • June 5- Wal-Mart Stores has been losing fewer workers to turnover since it raised its minimum wage in April, the retailer's chief executive said on Friday, the first time it has reported a benefit of the new higher wages. Wal-Mart increased its minimum pay to $9 an hour for its U.S. staff in April, providing a raise for half a million workers, and promised to hike it...

  • FAYETTEVILLE, Arkansas, June 5- Wal-Mart Stores Inc named the son-in-law of chairman Rob Walton as his successor on Friday, cementing the founding family's influence over the retailer as shareholders defeated a measure calling for an independent director to lead the board. Some investors, including large pension funds, had been pushing for a chairman without...

  • FAYETTEVILLE, Arkansas, June 5- Wal-Mart Stores Inc's founding family maintained its control of the world's No. 1 retailer as the board named a Walton family member chairman, and shareholders defeated a measure calling for an independent chair. Pressure to make the chairman's job independent rose slightly from a similar vote last year to 16 percent of shares...

  • FAYETTEVILLE, Arkansas, June 5- Wal-Mart Stores Inc named Vice Chairman Greg Penner as its new chairman on Friday, replacing his father-in-law Rob Walton and cementing the founding family's influence over the board of the world's largest retailer. The change is effective as of the end of the annual shareholders' meeting on Friday, near Wal-Mart headquarters in...

  • Traders bet on Wal-Mart rally Friday, 5 Jun 2015 | 12:09 PM ET
    A shopper at a Wal-Mart in Fairfax, Virginia, on Nov. 28, 2014.

    Wal-Mart shares have fallen 14 percent since the start of the year but some traders have been betting the stock will rally in the next month.

  • FAYETTEVILLE, Arkansas, June 5- Wal-Mart Stores Inc named Vice Chairman Greg Penner as its new chairman on Friday, replacing his father-in-law Rob Walton and cementing the founding family's influence over the retailer's board. Penner, 45, has been on the retailer's board since 2008 and was named vice chairman last June, in a move widely seen as setting the stage...

  • June 5- Wal-Mart Stores Inc named Vice Chairman Greg Penner as its new chairman on Friday, replacing his father-in-law Rob Walton and cementing the founding family's influence over the retailer's board. Penner, 45, has been on the retailer's board since 2008 and was named vice chairman last June, in a move that was widely seen as setting the stage for him to...

  • Wal-Mart's U.S. chief takes aim at urgent item: theft Thursday, 4 Jun 2015 | 7:12 PM ET

    June 4- Wal-Mart Stores has a new priority: reducing theft. Greg Foran, head of the retailer's U.S. operations, told a media briefing on Thursday he added theft and other forms of "unknown shrinkage" to a list of urgent items to be tackled at Wal-Mart's 4,555 stores across the United States. He noted that Wal-Mart generated nearly $300 billion in revenues in the United...

  • Stern Advice - Peak 30-something Wednesday, 3 Jun 2015 | 12:34 PM ET

    NEW YORK, June 3- Maybe it is time for a millennial remake of that 1980 s boomer angst television show, "thirtysomething," because there are more 30- year-olds in the United States than ever before. Within nine years, almost 45 million Americans will be in their 30 s, according to U.S. Census Bureau data. Today's 30- somethings may be smarter about money than their...

  • LAKE BUENA VISTA, Fla., June 2- Differences emerged on Tuesday among Republican rivals for the 2016 presidential nomination at a forum where it was clear that Jeb Bush and Marco Rubio will face some competition in Florida despite their home-state edge. The fact that seven Republican candidates or potential candidates spoke at Florida Governor Rick Scott's "...

  • The hidden truth about the presidential candidates Tuesday, 2 Jun 2015 | 10:30 AM ET
    Jeb Bush, Rick Perry and Chris Christie

    Using our Top States for Business metrics, we judge the performance of the governors running in the 2016 US presidential election.

  • WASHINGTON, June 1- The U.S. Supreme Court on Monday ruled in favor of a Muslim woman who sued for discrimination after being denied a sales job at age 17 at an Abercrombie& Fitch Co clothing store in Oklahoma because she wore a head scarf for religious reasons. The 10th U.S. Circuit Court of Appeals in Denver then threw that out, ruling in favor of Abercrombie, before...

  • Retailers Walgreen Co and Payless Shoesource Inc, and hotel chain group Choice Hotels International Inc on Tuesday followed the lead of General Mills Inc in removing their ads from the program. "We share your concerns and we have decided to remove our advertising from the show," said Choice Hotels, which runs Comfort Inn and Econo Lodge chains, among others.

  • Nevertheless, total egg production rose slightly in April, supported by a greater output of eggs for hatching into meat-producing birds and more egg-laying hens, the USDA reported. The USDA's Animal and Plant Health Inspection Service has since confirmed cases in 54 Iowa flocks containing more than 26 million birds, most of them egg-laying hens.

  • LONDON, May 22- U.S. Steel Corp said it is close to filing several anti-dumping complaints with U.S. authorities, adding it is still having to consider idling more plants because of difficult market conditions. The Pittsburgh- based company has idled plants in Indiana, Illinois, Alabama, Texas, Ohio and Arkansas this year. It's no longer a matter of if we're going to...

  • NEW YORK, May 20- Oil prices rebounded on Wednesday, with U.S. crude snapping a five-day decline, after another weekly inventory draw but gains were still limited by a huge supply overhang and concerns about a stronger dollar. U.S. crude stocks fell nearly 2.7 million barrels last week, down for a third consecutive week, as refineries hiked output, the...

  • NEW YORK, May 20- Oil prices rebounded on Wednesday, with U.S. crude snapping a five-day decline, after another weekly inventory draw but gains were still limited by a huge supply overhang and concerns about a strong dollar. U.S. crude stocks fell nearly 2.7 million barrels last week, down for a third consecutive week, as refineries hiked output, the government-run...

  • LOS ANGELES, May 18- Nearly six million people with disabilities may benefit from new tax-free savings plans approved by Congress last year, but the accounts may not be as helpful or available as quickly as originally promised. After a decade of lobbying by disability advocates, Congress passed The Achieving a Better Life Experience Act in the final hour before...

  • *Nebraska becomes 16th U.S. state affected by avian flu. May 12- The fast-spreading avian flu virus was confirmed for the first time in Nebraska, at a commercial egg-laying farm that housed a flock of 1.7 million chickens, the U.S. Department of Agriculture said on Tuesday. "Unfortunately, Nebraska has joined a long list of states currently dealing with highly...

  • May 11- A strain of avian flu that until now had been found only in the Western United States has cropped up in Indiana, bringing the total number of states affected by the virulent outbreak to 15, the U.S. Department of Agriculture said on Monday. The H5N8 strain found in a backyard poultry flock in Indiana is concerning to them also. It was also found in captive...