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  • The oil pipeline leak that fouled a stretch of California coastline this week reflects a troubling trend in the nation's infrastructure: As U.S. oil production has soared, so has the number of pipeline accidents. "Tick, tick, tick," said Robert Bea, a professor emeritus in civil engineering at the University of California, Berkeley. Since 1995, there have been more...

  • US oil and natural gas rig count drops by 3 to 885 Friday, 22 May 2015 | 1:22 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 three this week to 885.. Among major oil- and gas-producing states, Louisiana lost four rigs, West Virginia declined by three and Kansas, North Dakota and Ohio each lost one. Alaska, California, Colorado, Texas, Utah and Wyoming were all...

  • 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...

  • HOUSTON— Vanguard Natural Resources LLC will acquire Eagle Rock Energy Partners LP in a $474 million deal. Vanguard Natural Resources will also assume $140 million of debt from Eagle Rock Energy Partners, which will become a wholly-owned indirect subsidiary. The company has operations in Texas, Wyoming, Arkansas, Oklahoma, New Mexico, Montana, Colorado,...

  • America's Car-Mart posts 4Q profit Thursday, 21 May 2015 | 6:15 PM ET

    BENTONVILLE, Ark. _ America's Car-Mart Inc. on Thursday reported fiscal fourth-quarter profit of $7.3 million. America's Car-Mart shares have climbed 1 percent since the beginning of the year. Keywords: America's Car-Mart, Earnings Report.

  • Acxiom reports 4Q loss Thursday, 21 May 2015 | 4:39 PM ET

    LITTLE ROCK, Ark. _ Acxiom Corp. on Thursday reported a loss of $6 million in its fiscal fourth quarter. Acxiom expects full-year earnings to be 45 cents to 50 cents per share, with revenue in the range of $815 million to $840 million. Acxiom shares have decreased 18 percent since the beginning of the year.

  • Arkansas governor proposes $87M bond package for project Thursday, 21 May 2015 | 12:22 PM ET

    Asa Hutchinson on Thursday said he's proposing that the state issue $87 million in bonds to help Lockheed Martin land a defense contract for its south Arkansas facility. "It's a competitive marketplace as to which company gets to produce the 55,000 vehicles for the Department of Defense, and we want to do the state's part to make sure that Lockheed Martin and...

  • Acxiom selling IT operations to 2 private-equity firms Thursday, 21 May 2015 | 10:38 AM ET

    LITTLE ROCK, Ark.— Little Rock- based Acxiom Corp. said it is selling its information-technology infrastructure management operations to two private-equity firms in a potential $190 million deal. Acxiom will retain a 5 percent interest in the value of the company after the sale to Charlesbank Capital Partners and M/C Partners is finished, the Arkansas...

  • 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...

  • Ohio Attorney General Mike DeWine announced the pact that Equifax, Experian and TransUnion struck with attorneys general in 31 states. "I am pleased that our agreement brings about reforms that will provide for more effective dealings and better communication between consumers and the credit reporting agencies," said Alabama Attorney General Luther...

  • Economic incentives on Arkansas governor's session agenda Wednesday, 20 May 2015 | 3:14 PM ET

    LITTLE ROCK, Ark.— A special legislative session focusing on economic development incentives also will include an effort to move up Arkansas' primary, a reorganization of some agencies and a change in the state's driving while intoxicated law, Gov. The Republican governor detailed the items that will be on the agenda for next week's session, which he called 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 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...

  • Wal-Mart announces expansion of veteran hiring Wednesday, 20 May 2015 | 3:01 AM ET

    LITTLE ROCK, Ark.— Nate Waits wakes up before 3 a.m. four days a week to get to his job at a Bentonville distribution center for Wal-Mart Stores Inc., where the former Marine is among more than 92,000 veterans the company has hired in the past two years. Chris Sultemeier, executive vice president for logistics at Wal-Mart, said the company has been pleased with the...

  • RICHMOND, Texas— Four-year-old William Cole saw his father's face and reached out to touch it during a jail visit. The facility in Fort Bend County, southwest of Houston, is among a growing number of jails and prison systems across the U.S. in which video visitation has replaced the more familiar in-person visits, where people are in the same room but separated by...

  • OAKLAND, Calif.— Three baggage handlers at Oakland International Airport are accused of using their security clearance to get marijuana-packed suitcases past checkpoints and onto planes as part of a drug smuggling ring involving 11 other people, federal prosecutors said. The group was operating as early as July 2012, according to the complaint.

  • Wal-Mart 1Q profit falls on pay raises Tuesday, 19 May 2015 | 7:21 AM ET

    NEW YORK— Wal-Mart Stores Inc. reported a 7 percent drop in first-quarter profit as the strong dollar and some efforts to improve its business hurt its bottom line. Greg Foran, who had been president and CEO of Wal-Mart Asia and took over Wal-Mart's U.S. business last summer, asked for investor patience. Wal-Mart's results adds to questions about the health of...

  • The Obama administration has already revised the labels once to try to comply with previous WTO rulings in favor of Canada and Mexico. Now that the revised labels have also been struck down, Agriculture Secretary Tom Vilsack says Congress will have to change the law to avoid retaliation— such as extra tariffs— from the two neighbor countries.

  • 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...

  • US oil and natural gas rig count drops by 6 to 888 Friday, 15 May 2015 | 1:40 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 six this week to 888.. Houston- based Baker Hughes said Friday that 660 rigs were seeking oil and 223 explored for natural gas. Among major oil- and gas-producing states, Texas lost six rigs, Wyoming declined by two and Alaska, Arkansas,...