UPDATED: Russia Mulls Poultry, Pork Import Quota Cuts
8/27/2008 6:18:09 PM - The Associated Press - Arkansasbusiness.com Daily Report
Russia could cut poultry and pork import quotas by hundreds of thousands of tons, the country's agriculture minister said Wednesday. The move could hit American producers hard and comes amid heightened tensions between Moscow and Washington over the war in ex-Soviet Georgia. [ Read Article ]
UCA Board to Meet to Discuss Hardin's Future 8/27/2008 6:14:45 PM - The Associated Press - Arkansasbusiness.com Daily Report
The University of Central Arkansas Board of Trustees will meet Thursday to discuss the future of embattled president Lu Hardin, who has faced questions after he was awarded a $300,000 bonus in secret last spring. [ Read Article ]
Arkansas Delegation Casts Its Votes for Obama 8/27/2008 5:21:45 PM - The Associated Press - Arkansasbusiness.com Daily Report
Arkansas' 47 delegates to the Democratic National Convention have cast their votes for Barack Obama. [ Read Article ]
$13.8M Set Aside for Arkansas, Oklahoma Storm Recovery 8/27/2008 4:14:34 PM - The Associated Press - Arkansasbusiness.com Daily Report
Storm-damaged communities in Arkansas and Oklahoma will be eligible for $13.8 million in disaster funds from the federal government, Arkansas' congressional delegation announced Wednesday. [ Read Article ]
Stocks Rise Following Durable Goods Report 8/27/2008 4:11:34 PM - The Associated Press - Arkansasbusiness.com Daily Report
Wall Street posted a big advance after the government reported a larger-than-expected increase in orders for big-ticket manufactured goods that indicated the economy is stronger than many investors thought. [ Read Article ]
Lockheed Martin Receives $61 Million Contract, Work to Be Performed at Camden 8/27/2008 11:11:34 AM - Arkansas Business Staff - Arkansasbusiness.com Daily Report
Lockheed Martin receives a $61 million contract for Guided Multiple Launch Rocket System Unitary rockets. Work on the contract will be performed at facilities in Camden and Dallas. [ Read Article ]
Klausner Technologies Sues Verizon, 11 Other Telecoms for Patent Infringement 8/27/2008 10:49:34 AM - Jamie Walden - Arkansasbusiness.com Daily Report
Klausner Technologies Inc. filed suit Tuesday for patent infringement against Verizon Wireless, Cox Communications Inc., Google Inc. and nine other technology and telecommunications companies. [ Read Article ]
FDIC: 117 Troubled Banks, Highest Level Since 2003 8/27/2008 9:49:12 AM - The Associated Press - Arkansasbusiness.com Daily Report
The number of troubled U.S. banks leaped to the highest level in about five years and bank profits plunged by 86 percent in the second quarter, as slumps in the housing and credit markets continued. [ Read Article ]
Dillard's Loses $38 Million in Second Quarter 8/27/2008 9:31:56 AM - The Associated Press - Arkansasbusiness.com Daily Report
Dillard's Inc. department store chain lost $38.3 million in its second quarter, compared with a loss last year of $25.2 million, the company reported Wednesday. [ Read Article ]
