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Arkansas

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  • LITTLE ROCK, Ark.— The Arkansas Supreme Court says a lawsuit against tobacco giant Philip Morris USA can proceed under class-action status. The lawsuit seeks refunds on every pack of Marlboro Lights sold in Arkansas from 1971 to 2010. The plaintiffs claim Philip Morris, which is part of the Altria Group, deceived smokers about health risks.

  • Bear State Financial posts 4Q profit Thursday, 26 Feb 2015 | 4:51 PM ET

    LITTLE ROCK, Ark. _ Bear State Financial Inc. on Thursday reported fourth-quarter net income of $4.8 million. The holding company for First Federal Bank of Arkansas posted revenue of $16.7 million in the period. Keywords: Bear State Financial, Earnings Report.

  • About Wal-Mart CEO Doug McMillon Thursday, 26 Feb 2015 | 12:14 PM ET

    President and CEO of Wal-Mart Stores Inc.. RESUME: McMillon's first job at Wal-Mart was in 1984 as an hourly worker unloading trucks at a distribution cente to pay his way through college. McMillon worked at the home office in Bentonville, Ark. and overlapped with the late legendary founder Sam Walton by about a year.

  • Wal-Mart Stores Inc., which has more than 11,000 stores in 27 countries, has struggled with two years of mostly sluggish sales due in large part to a challenging global economy and major changes in how people shop. Workers' groups have targeted Wal-Mart over its pay and treatment of its U.S. employees with protests. McMillon, whose first job at Wal-Mart was an...

  • Hosman is CEO of Assessments.com, a Utah company with about 100 contracts with state and county governments from Florida to California. An early advocate and true believer in the industry, Hosman has spoken at justice forums in Texas, Idaho and Washington state. He also has been a frequent visitor to county jails in his home state of Utah and other states in the...

  • LITTLE ROCK, Ark.— Wal-Mart is criticizing a "conscience protection" bill in the retail giant's home state of Arkansas that opponents say would sanction discrimination against gays and lesbians. A spokesman for the Bentonville- based company said Tuesday the bill pending before a Senate panel that would prohibit state and local governments from imposing a "...

  • State-by-state breakdown of used cars with open recalls Tuesday, 24 Feb 2015 | 12:18 PM ET

    Carfax, a company that sells vehicle history reports to dealers and car buyers, searched recalls and state registration databases and found that more than 46 million cars are on U.S. roads with recalled parts that have yet to be repaired. Here is a state-by-state breakdown of cars with unfixed recalls in 2014:. Source: Study of 2014 state registration data by...

  • Windstream reports 4Q loss Tuesday, 24 Feb 2015 | 11:58 AM ET

    LITTLE ROCK, Ark. _ Windstream Holdings Inc. on Tuesday reported a fourth-quarter loss of $77.5 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share. Analysts expected $1.46 billion, according to Zacks.

  • Survey: Uninsured rate hit new low in 2014 Tuesday, 24 Feb 2015 | 3:28 AM ET

    WASHINGTON— Even as it faces another Supreme Court challenge, President Barack Obama's health care law has steadily reduced the number of uninsured Americans, according to an extensive survey released Tuesday. Ten of the 11 states with the biggest declines in their uninsured rates accepted the health care law's Medicaid expansion, which provides...

  • LITTLE ROCK, Ark.— Wal-Mart Stores Inc. says it opposes a new law in its home state of Arkansas to ban cities and counties from expanding anti-discrimination protections to include sexual orientation and gender identity. Wal-Mart is based in Bentonville in northwest Arkansas. Opponents of it had urged Wal-Mart to speak out against the measure.

  • Dillard's posts 4Q profit Monday, 23 Feb 2015 | 4:21 PM ET

    LITTLE ROCK, Ark. _ Dillard's Inc. on Monday reported fiscal fourth-quarter profit of $130.5 million. On a per-share basis, the Little Rock, Arkansas- based company said it had net income of $3.17. For the year, the company reported profit of $331.9 million, or $7.79 per share.

  • LITTLE ROCK, Ark.— Arkansas on Monday banned local governments from expanding anti-discrimination protections to include sexual orientation and gender identity, a move criticized by retail giant Wal-Mart and gay rights groups who said the prohibition damaged the state's image. Asa Hutchinson allowed legislation to go into law without his signature that...

  • NEW YORK, Feb 23- Nigeria will call an extraordinary meeting of OPEC if crude oil prices slip any further, the country's oil minister said in an interview with the Financial Times, in a sign of growing alarm over the impact of oil's collapse on oil-producing economies. As OPEC president, she is responsible for liaising with member countries and the producer...

  • *Senate committee expected to call hearing on bill- sources. A similar Fed audit bill passed the House of Representatives late last year and a hearing on Fed transparency is expected to be formally called by the Senate banking committee, according to people familiar with the matter. "We feel the current system works well, it's time-tested, and there are all kinds of...

  • US rig count decreases 48 to 1,310 Friday, 20 Feb 2015 | 1:46 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 48 this week to 1,310 amid depressed oil prices. Of the major oil- and gas-producing states, Texas' count fell by 22, Oklahoma lost 16, North Dakota and Wyoming each lost four, Alaska lost three, Colorado lost two and California and Utah...

  • LAS VEGAS— New York- based New Media Investment Group Inc. says it has reached an agreement to purchase the company that owns the Las Vegas Review-Journal and daily newspapers in six other states. New Media President and CEO Michael E. Reed said in a statement Thursday they will purchase "substantially all of the assets" of Stephens Media LLC for $102.5 million...

  • WASHINGTON— For roughly 500,000 Wal-Mart workers set to receive pay raises, something is better than nothing. Both fall below the $15 an hour "living wage" many union-backed Wal-Mart employees have been pushing for. "I will return to Wal-Mart when I know that they pay well enough that none of their employees are on government assistance and are all fully employed...

  • Wal-Mart beats 4Q profit forecasts Thursday, 19 Feb 2015 | 8:39 AM ET

    BENTONVILLE, Ark.— Wal-Mart Stores Inc. reported a 12 percent increase in profit for the fourth quarter as sale for the critical holiday shopping season perked up amid lower gas prices and an improving economy. Shares of Wal-Mart fell on the reduced profit outlook. Still, Wal-Mart's results during the holiday quarter were an improvement after the Bentonville,...

  • Half-million of Wal-Mart's US workers to get pay raises Thursday, 19 Feb 2015 | 8:36 AM ET

    BENTONVILLE, Ark.— Wal-Mart Stores Inc. is hoping its decision to boost workers' paychecks will help it boost its bottom line. The nation's largest private employer announced on Thursday that it's giving a raise to about half-million U.S. workers as part of a $1 billion investment that includes changes that Wal-Mart says are aimed at giving workers more...

  • America's Car-Mart posts 3Q profit Thursday, 19 Feb 2015 | 5:03 AM ET

    BENTONVILLE, Ark. _ America's Car-Mart Inc. on Thursday reported fiscal third-quarter profit of $7.5 million. America's Car-Mart shares have declined 1 percent since the beginning of the year. Keywords: America's Car-Mart, Earnings Report.