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266 jobs will go; soft revenue cited
By Toby Manthey
(Thursday, Sept. 13, 2007)
Little Rock-based Acxiom Corp. said Wednesday that it is slashing 266 jobs, including 138 in Arkansas, before its $3 billion buyout — announced in May — is complete. » Read story.
by john wilen the associated press
(Wednesday, Sept. 12, 2007)
Oil prices rose to a record settlement price Tuesday as traders turned their attention to a government inventory report expected to show tight supplies and shrugged off OPEC’s decision to increase output. » Read story.
By Arkansas Democrat-Gazette
(Wednesday, Sept. 12, 2007)
Wal-Mart Stores Inc. reduced its reported second-quarter profit by $153 million because of expenses from selling its German retail operations. » Read story.
By Erin Anthony
(Wednesday, Sept. 12, 2007)
Stephens Media Group has begun publishing its ninth newspaper in the Little Rock area. The Saline County Voice joins eight other weeklies or semiweeklies purchased by Stephens in the past two years. » Read story.
Blocks on meat primary issue
By David Irvin
(Wednesday, Sept. 12, 2007)
U.S. farm officials continue to pressure China to reduce its restrictions on beef, pork and chicken imports, even as product safety officials in Washington vow to increase inspections of Chinese products coming here. » Read story.
Record exports offset costly oil inflow; China gap grew
by martin crutsinger the associated press
(Wednesday, Sept. 12, 2007)
The U.S. trade deficit declined slightly in July, helped by record exports that offset the biggest foreign-oil bill in nearly a year. » Read story.
By David Irvin
(Wednesday, Sept. 12, 2007)
Arkansas farmers in 2006 suffered their worst cash receipts in three years as a result of abnormally dry weather and low commodity prices, according to a new government report. » Read story.
By David Smith
(Wednesday, Sept. 12, 2007)
Hempstead County landowners told state regulators Tuesday that under virtually no circumstances would they support a proposed 600-megawatt coalfired power plant. » Read story.
By Arkansas Democrat-Gazette Press Services
(Wednesday, Sept. 12, 2007)
QUOTE OF THE DAY “Our message to the consumer is that we care.” Abdalla Salem El-Badri, secretary general of the Organization of Petroleum Exporting Countries Article, 1D » Read story.
by joe bel bruno the associated press
(Wednesday, Sept. 12, 2007)
Wall Street rose sharply Tuesday as investors grew more confident that the Federal Reserve will lower interest rates next week even after its chairman gave no clues about the central bank’s intentions. » Read story.
by jeannine aversa the associated press
(Wednesday, Sept. 12, 2007)
The United States and other countries must work together to right a skewed pattern of trade and investment around the globe, a move that would help worldwide economic stability, Federal Reserve Chairman Ben Bernanke suggested Tuesday. » Read story.
Growth market now seeing foreclosures, builder bankruptcy filing
By Stacey Roberts
(Wednesday, Sept. 12, 2007)
A home builder’s bankruptcy filing and a spate of foreclosure filings involving other residential constructors have added to the signs that there are no longer enough buyers for all the new houses built or planned in Northwest Arkansas, one of the nation’s fastest-growing areas over the past decade. » Read story.
Risky loans tied to mutual funds
By Democrat-Gazette Staff and Wire Reports
(Tuesday, Sept. 11, 2007)
Some experts and hedge-fund investors, who have made big bets that the mortgage crisis will worsen, claim there is a chance the housing market’s woes will spread to bonds held in mutual funds by millions of ordinary investors. » Read story.
Some fear states granting too much leeway on loads that hurt roads
By Democrat-Gazette Staff and Wire Reports
(Tuesday, Sept. 11, 2007)
More than a half-million overweight trucks have been allowed onto the nation’s roads and bridges in the past year — an increasingly routine practice that some officials say is putting dangerous wear and tear on an already groaning infrastructure. » Read story.
By Arkansas Democrat-Gazette
(Tuesday, Sept. 11, 2007)
Soybean rust has been confirmed in Jackson County, and plant pathologists with the University of Arkansas Cooperative Extension Service now recommend that soybean farmers in the state’s Delta treat fields still in a reproductive stage of development. » Read story.
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