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Arkansas

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  • Wal-Mart tests matching prices with online rivals Thursday, 30 Oct 2014 | 10:16 AM ET

    NEW YORK— Wal-Mart Stores Inc. is considering matching online prices from competitors such as Amazon.com, raising the stakes for the holiday shopping season. But last month, Wal-Mart started to test the strategy in five markets: Atlanta; Charlotte, North Carolina; Dallas; Phoenix; and northwest Arkansas. Wal-Mart is trying to rev up sluggish sales in the U.S. as it...

  • Cleared for ballot, wage hike faces easy path Thursday, 30 Oct 2014 | 8:51 AM ET

    LITTLE ROCK, Ark.— The Arkansas Supreme Court's decision to keep a minimum wage hike on the ballot removes the last major hurdle for a proposal that is gaining bipartisan support and faces no organized opposition as Election Day nears. Voters will be asked to raise the state's minimum wage from $6.25 an hour to $8.50 by 2017. Arkansas is one of a handful of states...

  • Murphy Oil beats Street 3Q forecasts Thursday, 30 Oct 2014 | 5:03 AM ET

    EL DORADO, Ark. _ Murphy Oil Corp. on Thursday reported profit of $245.7 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Analysts expected $1.41 billion, according to Zacks.

  • Small business divided over minimum wage votes Wednesday, 29 Oct 2014 | 11:47 AM ET

    NEW YORK— Workers in five states could get a raise after Election Day. Minimum wage referendums are on Tuesday's ballots in Alaska, Arkansas, Illinois, Nebraska and South Dakota, where minimums range from $6.25 to $8.25 an hour. Ken Jarosch thinks he'll have to raise prices and hire fewer part-timers for his Elk Grove Village, Illinois, Jarosch Bakery if the state's...

  • California drought takes bite out of rice harvest Wednesday, 29 Oct 2014 | 2:48 AM ET

    WOODLAND, Calif.— California's deepening drought is shrinking its rice harvest, and that's bad news for farmers, migratory birds and sushi lovers. The rice harvest is just the latest victim of California's historic drought, which has sharply reduced crop production as it enters its fourth year. California, the nation's second largest rice-growing state after...

  • P.A.M. Transportation posts 3Q profit Tuesday, 28 Oct 2014 | 1:24 PM ET

    TONTITOWN, Ark. _ P.A.M. Transportation Services Inc. on Tuesday reported profit of $5.1 million, or 63 cents per share, in its third quarter. The company, based in Tontitown, Arkansas, posted revenue of $107.1 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Arkansas court: Minimum wage issue stays on ballot Monday, 27 Oct 2014 | 5:21 PM ET

    The Arkansas Supreme Court denied a Little Rock businessman's effort to block a ballot question that will ask voters to raise the state's minimum hourly wage from $6.25 to $8.50 by 2017. Arkansas is one of the few states with a minimum wage below the federal level of $7.25 an hour. "It gives Arkansas voters an opportunity to vote on giving hard-working Arkansans...

  • LONDON, Oct 27- Thanks to shale, energy-producing states have been the strongest economic performers in the United States over the past decade, sharply improving their position compared with the energy-consuming states. Only 13 of the 50 states produced more energy than they consumed in 2010, the latest year for which comprehensive data is available,...

  • FCC: Phone companies posted private info online Friday, 24 Oct 2014 | 5:00 PM ET

    WASHINGTON— Two phone companies— TerraCom Inc. and YourTel America Inc.— unwittingly posted the Social Security numbers, driver's licenses and other sensitive data of up to 300,000 clients to the Internet, an investigation found, and federal regulators said Friday they plan to fine the companies. We look forward to working with the FCC to resolve this matter...

  • US rig count up 9 to 1,927 Friday, 24 Oct 2014 | 3:18 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by nine this week to 1,927.. Of the major oil- and gas-producing states, Texas gained eight rigs, New Mexico increased five, West Virginia was up three, while Arkansas, California and Ohio gained two apiece. Kansas declined by four,...

  • US Chamber on sidelines in close Georgia race Friday, 24 Oct 2014 | 1:11 PM ET

    WASHINGTON— The most powerful business group in the country is spending tens of millions of dollars to help Republicans win control of the Senate with one glaring omission— the tight Georgia Senate race. Rob Engstrom, political director for the U.S. Chamber of Commerce, said Friday that the organization will stay on the sidelines in the contest between...

  • *Saudi Arabia increases Sept output but cuts market supply. *All eyes on OPEC November meeting. NEW YORK, Oct 23- Brent crude oil jumped nearly 3 percent on Thursday, its most in over four months, after an industry source said Saudi Arabia cut output in September following the summer's tumble in prices.

  • UPDATE 6-Brent jumps on Saudi supply cut, strong data Thursday, 23 Oct 2014 | 12:45 PM ET

    *Saudi Arabia increases Sept output but cuts market supply. *All eyes on OPEC November meeting. NEW YORK, Oct 23- Brent crude oil jumped as much as $2 a barrel on Thursday after an industry source said Saudi Arabia cut output in September following the summer's tumble in prices.

  • Noteworthy ballot measures in upcoming election Thursday, 23 Oct 2014 | 5:06 AM ET

    In Colorado, a "personhood" amendment would add fetuses to those protected by the state's criminal and wrongful death act. In Oregon, Alaska and the District of Columbia, voters will have a chance to legalize the recreational use of marijuana by adults, a step approved two years by voters in Colorado and Washington state. Washington state has two competing...

  • A Republican Senate means changing the chairmen Wednesday, 22 Oct 2014 | 1:58 PM ET

    WASHINGTON— If Republicans win the Senate, the Pentagon should brace for constant grilling from Sen. The size of a Republican majority would determine committee ratios and budgets; more seats in the Senate translate into a greater advantage on the panels. "If we lose the Senate, for one thing, the way this Senate's been operating, they could end up blocking all my...

  • Democrats love seeing minimum wage on the ballot Tuesday, 21 Oct 2014 | 1:03 AM ET

    CHICAGO— As Democrats across the country make an election-year push to raise the minimum wage, they often point to fast food workers, baristas and others who are struggling to raise families, pay rent or get through school— some on as little as $7.25 per hour. In one state, Illinois, the campaign to support the minimum wage would not actually raise the wage.

  • WASHINGTON, Oct 16- Oil and gas interests are pouring money into a tight U.S. Senate race in Louisiana, giving twice as much to the Senate campaign of incumbent Democrat Mary Landrieu than her Republican challenger even though the industry backs the Republican push to regain control of the Senate. Landrieu, chairwoman of the Senate Energy Committee, is...

  • News Guide: DCCC outraises Senate rivals Monday, 20 Oct 2014 | 12:52 PM ET

    Democrats' campaign committee for House races picked up $16.7 million in September despite long odds of winning a majority— surpassing both parties' campaign arms focused on the Senate, which is very much in play. If Republicans net six Senate seats and win handily as expected in the House, they will control both chambers in Congress for the final two years of...

  • NTSB: Train in crash going faster than it should Friday, 17 Oct 2014 | 7:33 PM ET

    WINSLOW, Ark.— A train that collided with a stalled passenger train in Arkansas was coming to its aid and was apparently going too fast, a National Transportation Safety Board member said Friday. The passenger train was carrying tourists on a fall-foliage tour in the Ozark Mountains when the accident occurred near Winslow, about 175 miles northwest of Little...

  • US rig count down 12 to 1,918 Friday, 17 Oct 2014 | 2:27 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 12 this week to 1,918.. Oklahoma decreased by seven rigs, New Mexico was down four, Alaska was off two and Arkansas, California and North Dakota each dropped one. Colorado, Kansas, Louisiana, Ohio, Pennsylvania and Utah were unchanged.