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  • US oil and natural gas rig count drops by 10 to 875 Friday, 29 May 2015 | 3:58 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 10 this week to 875.. Houston- based Baker Hughes said Friday 646 rigs were seeking oil and 225 explored for natural gas. Among major oil- and gas-producing states, Texas lost four rigs, California declined by three and Arkansas,...

  • Asa Hutchinson signed into law Friday authorizes an $87 million incentive package to help lure a major defense project to Arkansas. The incentive proposal calls for issuing bonds if Lockheed Martin is the successful bidder for a military vehicle assembly contract for its Camden facility. Two other companies— Indiana- based AM General and Wisconsin- based...

  • Tracy Morgan settles suit with Wal-Mart over fatal crash Wednesday, 27 May 2015 | 3:56 PM ET

    NEWARK, N.J.— Actor-comedian Tracy Morgan has settled his lawsuit against Wal-Mart over a highway crash that killed one man and left Morgan and two friends seriously injured. Morgan's lawyer, Benedict Morelli, said he and Walmart worked diligently to reach the settlement for the plaintiffs and their families. "Walmart took full responsibility for the accident,...

  • Arkansas legislators endorse $87 million incentive package Wednesday, 27 May 2015 | 12:03 PM ET

    LITTLE ROCK, Ark.— An $87 million incentive package intended to bring a military vehicle assembly plant to south Arkansas easily won initial approval from lawmakers Wednesday, with a handful of Republicans opposing the move as the wrong way to attract business to the state. The Arkansas House voted 96-0 in favor of the plan to issue bonds if Lockheed Martin wins a...

  • 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.

  • Arkansas farmers expect losses due to flooded fields Tuesday, 26 May 2015 | 6:56 PM ET

    LITTLE ROCK, Ark.— Farmers across Arkansas are still weathering a series of spring showers that have flooded fields, smothered crops and swept away cattle. Since March 1, between 12 to 18 inches of rain has fallen across the Arkansas River basin, according to the National Weather Service in North Little Rock. Fort Smith, one of the hardest hit areas, has received 27...

  • 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...