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Sunday, October 12, 2008 1:57 p.m.

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Halloween is a retailing monster

Record sales expected again as adults get in on frightful fun

(Sunday, Oct. 12, 2008)

It’s crunch time for two specialty retailers operating on opposite sides of busy U.S. 71B in Fayetteville and at shops elsewhere around the Natural State. » Read story.

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Poor California grape harvest to affect wine prices

(Sunday, Oct. 12, 2008)

Bob Milat has been in the wine business in one way or another for about 50 years. Never does he remember an autumn quite as bad as this one. » Read story.

No. 3 bank in state shows deposit surge

Bank of America’s up $343 million while Arvest, Regions lost deposits

(Sunday, Oct. 12, 2008)

Bank of America, which entered Arkansas in 1997 with the acquisition of the successor to Worthen Banking Corp., had the biggest growth in deposits in the state this year, according to the Federal Deposit Insurance Corp. » Read story.

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Nigeria chaos lesson for oil firms

Nation a case study as companies bid for stake in Iraq

(Sunday, Oct. 12, 2008)

Recurrent violence in oil-rich parts of Nigeria could provide a sobering lesson for oil companies hoping to work in Iraq — a place that is much more dangerous despite the fact that attacks are at their lowest level in more than four years. » Read story.

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Retirement savings fall $2 trillion in 15 months

(Sunday, Oct. 12, 2008)

The stock market’s prolonged tumble has wiped out more than $2 trillion in Americans’ retirement savings in the last 15 months, a blow that could force workers to stay on the job longer than planned, tighten their wallets and possibly further stall an economy reliant on consumer spending, Congress’ top budget analyst said last week. » Read story.

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EVERYBODY’S BUSINESS: Lock, dam named for Col. Maynard, system engineer

(Sunday, Oct. 12, 2008)

Last week, the last unnamed lock and dam on the Arkansas River was officially named. It was as if they waited some 40 years for just the right person. » Read story.

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Tighter credit puts squeeze on Chesapeake

Energy firm’s growth seen as in peril; CEO sells stock

(Saturday, Oct. 11, 2008)

Chesapeake Energy Corp. is scrambling to sell assets and cut costs as falling energy prices and tightening credit threaten to derail the company’s dramatic growth. » Read story.

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GM to speed cuts in factories, production, source says

(Saturday, Oct. 11, 2008)

DETROIT — General Motors Corp. is likely to announce further production cuts and possible plant closures as early as next week as it deals with slumping sales and a collapse in its stock price, a person with detailed knowledge of the company’s plans said Friday. » Read story.

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NEWS IN BRIEF

(Saturday, Oct. 11, 2008)

Mad-cow cases cost beef firms $11 billion U.S. livestock producers and meatpackers including Tyson Foods Inc. and Cargill Inc. have lost at least $11 billion in beef exports because of mad-cow disease, according to a government report. » Read story.

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Osborne sues, says firm mismanaged

He seeks audit of former company

(Saturday, Oct. 11, 2008)

Jennings Osborne, the Little Rock entrepreneur best known for his extravagant Christmas lights displays, on Friday sued two Stephens business affiliates for “gross mismanagement” of his former company. » Read story.

Downtown LR gets new hotel

119 rooms at midprice Hampton Inn fills a niche, owner says

(Saturday, Oct. 11, 2008)

A Hampton Inn & Suites that opened Friday will boost the supply of mid-tier hotel rooms in the downtown Little Rock area by 119. » Read story.

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Business news in brief

(Saturday, Oct. 11, 2008)

QUOTE OF THE DAY “We have the best chance we’ve ever had to make a profit, and so [farmers have] been extra careful in all of their watering and fungicide applications and herbicide applications, trying to make as much yield as they can.” » Read story.

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GE profit falls, but meets forecast

Company mainly blames finance arm for 3rd quarter’s 22% decline

(Saturday, Oct. 11, 2008)

HARTFORD, Conn. — General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. » Read story.

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PepsiCo hopes to rev up soft-drink sales

(Saturday, Oct. 11, 2008)

NEW YORK — PepsiCo, the nation’s second-largest beverage company, said Friday it was launching a new marketing campaign to refocus attention on soft drinks, which have seen lagging sales. » Read story.

Stocks plunge for an 8th day

Week worst on record for the Dow

(Saturday, Oct. 11, 2008)

U.S. stocks fell for an eighth straight day in a whipsaw session Friday that produced the Dow Jones industrial average’s biggest point swing ever. » Read story.

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