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Bush Says Action Needed Now On Bailout

Bush Says Action Needed Now On Bailout

President Bush is making a fresh appeal for Congress to move quickly on his proposal for a $700 billion program to stabilize cascading financial markets.

New Home Sales Plummet In August, Prices Tumble

New Home Sales Plummet In August, Prices Tumble

New home sales plunged in August to the slowest pace in 17 years. This comes as Congress decides on a $700 billion bailout to buy up bad mortgages.

Report: Chicken Manure May Threaten Human Health

Report: Chicken Manure May Threaten Human Health

A government report says chicken manure from poultry raised in two counties on the Oklahoma-Arkansas border may be threatening human health.

Northwest Shareholders OK Delta Combo Plan

Northwest Shareholders OK Delta Combo Plan

Northwest Airlines shareholders approve a proposed combination with Delta Air Lines.

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McCain Confident Of Getting Agreement On Bailout

McCain Confident Of Getting Agreement On Bailout

John McCain says he's confident that Congress and the Bush administration can reach consensus before markets open Monday on a $700 billion bailout plan to rescue financial institutions from crippling debt.

Update: Wind Blade Maker Cutting 150 Jobs In Little Rock

Update: Wind Blade Maker Cutting 150 Jobs In Little Rock

LM Glasfiber, a wind blade manufacturer, has announced that it will halt production at its facility on Scott Hamilton Drive in Little Rock, laying off about 150 workers.

Fed: Economic Woes Will Last Despite Radical Moves

Fed: Economic Woes Will Last Despite Radical Moves

Federal Reserve officials feared the economy would be stuck in a painful rut for some time despite their decision to slash interest rates to a record low and pledge to use other unconventional tools to fight the worst financial crisis since the 1930s.

Tyson Agrees To Fine Over Worker Death

Tyson Agrees To Fine Over Worker Death

The Justice Department says Tyson Foods Inc. has entered a guilty plea and will pay a $500,000 fine for violations that resulted in the death of a worker at a plant in Texarkana.

Latest Reading Shows Contraction Continues

Latest Reading Shows Contraction Continues

Three fresh readings on the economy released today show contraction continuing.

Analyst: Long-Term Trends For Wind Industry Still Strong

Analyst: Long-Term Trends For Wind Industry Still Strong

Analysts say the alternative energy industry has been hurt by falling prices of oil and other commodities, and by the tight credit market.

Caterpillar Bringing New Plant, 600 Jobs To North Little Rock

Caterpillar Bringing New Plant, 600 Jobs To North Little Rock

600 new jobs are coming to North Little Rock. Construction equipment maker Caterpillar announces it will be opening a plant near the airport on the north side of the river.

Hyundai Helps

Hyundai Helps "Stuck" Buyers

NEW YORK (AP) -- Hyundai says it will cover the depreciation on any returned leased or financed vehicle for the first 12 months to some customers "who are stuck" and find themselves unable to make their car payments.

Obama Says Economy 'Getting Worse'

Obama Says Economy 'Getting Worse'

President-elect Barack Obama describes the economy as "bad and getting worse."

SEC Watchdog Undertakes Wide-Ranging Madoff Review

SEC Watchdog Undertakes Wide-Ranging Madoff Review

The internal watchdog at the Securities and Exchange Commission says an investigation of the agency's failure to uncover the alleged $50 billion fraud involving Wall Street figure Bernard Madoff will extend broadly to the agency's enforcement operations.

Ford's U.S. Sales Drop 32 Percent In December

Ford's U.S. Sales Drop 32 Percent In December

Ford Motor Co. says its U.S. sales plummeted 32 percent in December as buyers continued to steer clear of showrooms due to economic uncertainty.

Construction Spending Drops Less Than Expected

Construction Spending Drops Less Than Expected

The government says construction spending was down in November, but not as much as feared.

Tyson Foods' CEO Resigns Effective Immediately

Tyson Foods' CEO Resigns Effective Immediately

Tyson Foods says its president and chief executive, Dick Bond, is stepping down immediately and will be replaced on an interim basis by former chairman and CEO Leland Tollett.

Ark. Chief: Coal Ash Spill Like Tennessee's Unlikely

Ark. Chief: Coal Ash Spill Like Tennessee's Unlikely

Arkansas' environmental chief says coal-fired power plants in the state do not have any on-site wastewater-treatment ponds like the one that collapsed last month in neighboring Tennessee, spilling a billion gallons of polluted sludge over rural property.

Wall Street Enjoys Upbeat Start To 2009

Wall Street Enjoys Upbeat Start To 2009

Wall Street started the new year with a big rally, sending the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two months.

Verizon Says Alltel Deal To Close Jan. 9

Verizon Says Alltel Deal To Close Jan. 9

Verizon Wireless says in a regulatory filing it will close on its $5.9 billion acquisition Alltel Corp. on January 9.

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