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Associated Press

Lexicon Inc. of Little Rock is looking for more welders like Beau Bellamy.

US Employers Add Robust 353,000 Jobs in January

The United States added more than 350,000 jobs in January, beating analysts expectations.

AP Chief Stayed Arkansan to the End

Associated Press correspondent and bureau chief Robert Shaw died last month in a Dallas suburb, surrounded by his family.

Creepy Old Dudes (Gwen Moritz Editor’s Note)

New York Gov. Andrew Cuomo attends a media briefing last July in New York City.

It is rare for a young woman and a much older man to be of similar rank in a professional setting, and that imbalance of power is central to Gov. Andrew Cuomo’s problems.

Daily Papers in Free Fall Despite COVID-19 Readership

At the height of the COVID-19 pandemic in America, daily newspapers enjoy their largest readership in years, but an eroding ad-based business model seems to be washing away altogether.

Banking & Finance

Borrowers, Especially The Young, Struggle With Credit Card Debt in Potentially Bad Sign for Economy

The share of credit card debt that's more than 90 days overdue rose to 10.7% during the first quarter, a 14-year high. read more >
Tourism

Closed Casino Hotels in Mississippi Could House Unaccompanied Migrant Children

The repurposed facility would house as many as 2,000 children and teens at the hotels that were part of the Harrah’s casino complex, which closed in 2014. read more >
Energy / Government & Politics / Transportation

Biden Releasing 1 Million Barrels of Gasoline From Northeast Reserve In Bid to Lower Prices at Pump

The approach will create a competitive bidding process that ensures gasoline can flow into local retailers ahead of the July 4 holiday and sold at competitive prices, the Energy Department said. read more >
Ticketmaster
Legal / Media & Marketing / Retail / Tourism

Justice Department Says Illegal Monopoly by Ticketmaster and Live Nation Drives Up Prices For Fans

The lawsuit, filed in federal court in Manhattan, was being brought with 30 state and district attorneys general and seeks to break up the monopoly they say is squeezing out smaller promoters and hurting artists. read more >
Education / Investments / Media & Marketing / Tourism

Private Investment Firms Partner to Potentially Cash In Following Sweeping Changes In College Sports

With college sports on the verge of sweeping change that could have long-term financial implications, two private investment firms have created a platform to help athletic departments find funding. read more >
Banking & Finance / Government & Politics / Public Companies

Buy Now, Pay Later Companies Must Adhere to Credit Card Standards, Consumer Agency Says

Two major buy now, pay later players — Affirm and Klarna — say they welcomed the regulation. read more >
Health Care

Use of Wegovy and Other Weight-Loss Drugs Soars Among Kids and Young Adults

Even as millions of older adults clamor for the drugs, monthly use of the medications soared in people aged 12 to 25. read more >
Banking & Finance / Government & Politics / Investments

Federal Reserve Minutes: Policymakers Saw A Longer Path To Rate Cuts

Many officials noted that they were uncertain how restrictive the Fed's rate policies are, the minutes said. That suggests that it wasn't clear to the policymakers whether they were doing enough to restrain price growth. read more >
Legal / Restaurants & Food

Federal Jury Rules Against Couple Who Sued Arkansas Steakhouse Over Social-Distancing Brawl

Shayla Hooks and Tyrome Jackson sued Saltgrass Steakhouse over the brawl in 2020, which was caught on cellphone video and widely shared on social media. read more >
Duane Kees
Government & Politics / Legal

Federal Prosecutor in Arkansas Stepped Down While Being Investigated, Report Says

The report, first reported by the Intercept and released Tuesday, said that Duane “DAK” Kees began an intimate relationship with a subordinate within months of being sworn in as U.S. attorney for the western district of Arkansas in 2018. read more >
Real Estate

US Existing Home Sales Drop 1.9% in April, Pushed Lower by High Rates and High Prices

Sales dropped across the country — down 4% in the Northeast, 2.6% in the West, 1.6% in the South and 1% in the Midwest. read more >
Business Services / Health Care / Technology

Will AI Replace Doctors Who Read X-Rays, or Just Make Them Better Than Ever?

For doctors who review scans to spot cancer and other diseases, however, AI has loomed for about a decade as more algorithms promise to improve accuracy, speed up work and, in some cases, take over entire parts of the job. read more >
Agriculture & Poultry / Government & Politics / Insurance / Technology

US Says Cyberattacks Against Water Supplies are Rising, and Utilities Need to do More to Stop Them

About 70% of utilities inspected by federal officials over the last year violated standards meant to prevent breaches or other intrusions. read more >
Business Services / Health Care / Public Companies

More Companies Offer On-Site Child Care. Parents Love The Convenience, but Is It a Long-Term Fix?

Skyrocketing child care costs and staffing shortages have complicated arrangements for working parents. Some have left jobs after struggling to find quality care. Employers, in turn, view their entry into the child care realm as both a competitive advantage and a workplace morale booster. read more >
The Consumer Financial Protection Bureau building in Washington, D.C. (Shutterstock)
Banking & Finance / Government & Politics / Legal

Vindicated by Supreme Court, CFPB Director Says Bureau Will Add Staff, Consider New Rules on Banks

The bureau plans to address matters like pawn shops, medical billing, credit reporting and financial data issues through its rule-making authorities. read more >
Real Estate

More Homes are on The Market Than a Year Ago, but Rising Mortgage Rates Remain a Hurdle for Many

The most recent monthly snapshot showed 734,318 homes on the market in April. That’s 30.4% up from the same month last year. New listings, meanwhile, jumped 12.2%. read more >
Banking & Finance / Government & Politics / Legal

Supreme Court Sides With The Consumer Financial Protection Bureau, Rejecting a Conservative Attack

While the U.S. Chamber of Commerce and some other business interests backed the payday lenders, mortgage bankers and other sectors regulated by the CFPB cautioned the court to avoid a broad ruling that could unsettle the markets. read more >
Doug McMillon speakers at the 2019 Walmart shareholders' meeting at Bud Walton Arena in Fayetteville.
Public Companies / Retail

Walmart’s Strong Q1 Driven By Consumers Seeking Bargains With Inflation Still an Issue

Walmart said that its customers are spending more on necessities, while cutting back on discretionary goods like home furnishings. read more >
Public Companies / Retail

Walmart Lays Off Hundreds of Employees and Requires Others to Relocate

The news, conveyed via a Walmart staff memo, said the relocations will serve the goal of “bringing more of us together more often.” read more >
Retail / Small Business

Retail Sales Were Unchanged in April from March as Inflation and Interest Rates Curb Spending

Business at electronics stores was up 1.5%. Sales at home furnishings stores slipped 0.5%. Sales at clothing and accessories stores posted a 1.6% gain. read more >