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Arkansas

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  • Superior Industries to shutter Rogers plant Wednesday, 30 Jul 2014 | 9:28 AM ET

    ROGERS, Ark.— Superior Industries International Inc. announced Wednesday it would shutter its manufacturing plant in Rogers, eliminating 500 jobs. Work done at the Rogers plant will be shifted to other Superior facilities in Fayetteville and in Chihuahua, Mexico, the company said.

  • July 28- Tyson Foods Inc said on Monday it would sell its Mexican and Brazilian poultry businesses to JBS SA for $575 million and use the proceeds to pay down debt from its pending $7.7 billion purchase of Hillshire Brands Co..

  • Jimmy Dean moves beyond breakfast for first time Tuesday, 29 Jul 2014 | 11:03 AM ET

    NEW YORK— Jimmy Dean is coming to dinner— and lunch, too. Jimmy Dean, owned by Hillshire Brands, is rolling out 16 microwavable products that cost around $3 each and are designed to be eaten later in the day, including a pulled pork sandwich and grilled steak bowl.

  • Arkansas AG asks to help defend drilling tax break Monday, 28 Jul 2014 | 10:57 AM ET

    LITTLE ROCK, Ark.— Attorney General Dustin McDaniel wants to help defend in court a $5 million tax break legislators gave natural gas drillers earlier this year, asking to step in and assist in the case after the state's chief finance officer said he believed the exemption was unconstitutional.

  • July 28- Tyson Foods Inc, the biggest U.S. meat processor, said on Monday it would sell its Mexican and Brazilian poultry businesses to bigger global rival JBS SA's Pilgrim's Pride for $575 million.

  • Tyson 3Q profit climbs 4.4 percent Monday, 28 Jul 2014 | 7:00 AM ET

    SPRINGDALE, Ark.— Tyson Foods Inc. on Monday reported net income that rose by 4.4 percent in its fiscal third quarter, and fell short of analysts' expectations. The Springdale, Arkansas- based company said earnings increased to $260 million, or 73 cents per share, from $249 million, or 68 cents per share, in the same quarter a year earlier.

  • Tyson to sell Mexico, Brazil poultry operations Monday, 28 Jul 2014 | 6:42 AM ET

    SPRINGDALE, Ark.— Tyson Foods plans to sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt from its recently announced acquisition of Hillshire Brands. Tyson Foods Inc. said it expects the sale of its Mexico and Brazil operations to JBS SA will be completed by the end of the year.

  • Tyson Foods closing 3 plants in Iowa, NY, NM Friday, 25 Jul 2014 | 5:17 PM ET

    Tyson, the biggest U.S. meat processor, announced Friday the planned closures of the plants in Cherokee, Iowa; Buffalo, New York; and Santa Teresa, New Mexico. The Cherokee plan will close Sept. 27, and the Buffalo and Santa Teresa plants are expected to shut down in the first half of 2015..

  • US rig count up 12 to 1,883 Friday, 25 Jul 2014 | 1:49 PM ET

    Of the major oil- and gas-producing states, North Dakota and Louisiana gained six each, Ohio and Oklahoma were up two apiece and Colorado one. Texas lost 10 rigs, Alaska was off four, California and New Mexico were down two each and Kansas and Pennsylvania each dropped one. Arkansas, Utah, West Virginia and Wyoming were unchanged.

  • WASHINGTON, July 24- Gas-rich states such as Texas should have the easiest time complying with planned Environmental Protection Agency regulations on carbon pollution from power plants, despite opposition from their lawmakers, a new study says.

  • Wal-Mart names new CEO of US discount division Thursday, 24 Jul 2014 | 8:53 AM ET

    NEW YORK— Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.

  • July 23- The Delaware Supreme Court affirmed on Wednesday a lower court ruling that ordered Wal-Mart Stores Inc to provide a shareholder with documents related to the company's internal probe of allegations the retailer had paid bribes in Mexico.

  • HOUSTON, July 23- A top U.S. railcar maker, The Greenbrier Companies Inc, said on Wednesday a two-year timeline to retire older railcars that carry dangerous flammable liquids, including North Dakota Bakken crude, is "aggressive" but can be done.

  • Retail trade group reduces annual sales forecast Wednesday, 23 Jul 2014 | 11:03 AM ET

    NEW YORK— The nation's largest retail trade group has pared its annual sales forecast because of slower-than-expected growth during the first half of the year tied to winter storms and lingering economic woes.

  • Wal-Mart ups price wars for back-to-school season Monday, 21 Jul 2014 | 5:55 PM ET

    NEW YORK— Wal-Mart Stores Inc. is upping the price game for the crucial back-to-school shopping season. In an interview with The Associated Press on Monday, Steve Bratspies, executive vice president, general merchandise at Wal-Mart's U.S division, said he's seeing back-to-school promotions start early this year.

  • Committees, super PACs disclose June fundraising Monday, 21 Jul 2014 | 3:14 AM ET

    The anti-tax Club for Growth Action last month had its second best fundraising haul this election cycle as it raised money to pour into Chris McDaniel's bid to deny incumbent Republican Thad Cochran a seventh term in the Senate.

  • The California cities of San Jose, Vallejo and San Diego all saw a heightened threat, as new fault lines have been recently discovered, the report said. It also upgraded the risks facing parts of the central and eastern United States, singling out areas near New Madrid, Missouri, and Charleston, South Carolina.

  • Arkansas unemployment rate drops to 6.2 percent Friday, 18 Jul 2014 | 11:38 AM ET

    LITTLE ROCK, Ark.— State officials say Arkansas' unemployment rate has dropped to its lowest rate in more than five years. The Arkansas Department of Workforce Services says the state's unemployment rate dropped two-tenths of a percentage point in June to 6.2 percent.

  • Ranking US states by job creation in past 5 years Friday, 18 Jul 2014 | 11:06 AM ET

    WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.

  • LONDON, July 14- Oil prices ended slightly higher on Monday as traders weighed renewed violence in Libya against broader signs of a global market well-supplied with crude. Last week, North Sea benchmark Brent closed at its lowest in three months as easing tensions in Libya and Iraq mitigated fears of supply disruptions.