Sales grew and so did profits, but Bentonville-based Wal-Mart had a rocky quarter as same-store sales struggled and the retail giant warned of a challenging environment.
The company posted total quarterly revenues of $116.95 billion compared to $114.28 billion one year ago. Net income rose to $4.07 billion, or $1.24 per diluted share, versus $4.02 billion, or $1.18 per diluted share, in last year’s comparable period. Wall Street estimates were looking for Wal-Mart to record $1.25 per diluted share.
A new law is taking effect Friday requiring drivers to move over if they spot Highway Department vehicles, utility trucks, and tow trucks on the side of the road. The law adds to the familiar list of emergency vehicles like police cars.
It asks motorists to move over to the farthest possible lane, this requirement makes Arkansas’s law one of the toughest in the nation. Only three other states require that.
Lawyers for a northeast Arkansas city are asking a federal judge to dismiss a lawsuit from the mother of a young man who authorities say fatally shot himself while handcuffed in the backseat of a police car.
Chavis Carter's mother, Teresa Rudd, filed a wrongful death lawsuit against the city of Jonesboro, its police chief and two officers last month.
Attorneys for the city and police filed a response to the lawsuit in federal court on Thursday.
A group of Arkansas pastors is calling on U.S. Sens. John Boozman and Mark Pryor to reconsider their opposition to expanded background checks for firearms sales.
Six pastors planned to urge Boozman and Pryor at a news conference in North Little Rock to reconsider the measure they opposed in April. Boozman is a first-term Republican who was elected in 2010. Pryor is a two-term Democrat seeking re-election next year.
The pastors will speak at New Beginnings New Birth Ministry in North Little Rock.
A group pushing to repeal an insurance expansion approved by Arkansas lawmakers earlier this year says it won't have enough signatures to put the proposal before voters in 2014.
The head of Arkansans Against Big Government said Wednesday that his group won't have the 46,880 signatures needed to place a referendum before voters on the plan to use Medicaid dollars to purchase private insurance for low-income workers.
Lawmakers approved the "private option" as an alternative to expanding Medicaid under the federal health care overhaul law.
A license to allow some teachers and staff in the Clarksville School District to carry concealed handguns and work as armed guards was suspended Wednesday. The vote by the Arkansas Board of Private Investigators and Private Security Agencies came in the wake of an opinion by Attorney General Dustin McDaniel that using the licensing law to arm staff violates state law.