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Big Rock Interchange I-630 I-430
Michael Hibblen / KUAR News

A short-term funding bill that will authorize appropriations for federal-aid highway, highway safety and public transportation programs passed overwhelmingly in the U.S. House Wednesday.

The 312-119 vote on H.R. 3038 drew support from members of the state’s congressional delegation as Reps. Rick Crawford, R-Jonesboro, French Hill, R-Little Rock, Steve Womack, R-Rogers and Bruce Westerman, R-Hot Springs, all voted yes.

Two of Arkansas’ largest publicly traded concerns bounced off yearly lows in Monday’s week-opening session as U.S. stocks endured another day of Wall Street downgrades and uneasy trading following news that Europe had offered Greece a $96 billion bailout deal.

Overall, the Dow Jones Industrial Average rose 217.27, or 1.2%, to 17977.68. The S&P 500 added 22.98, or 1.1%, to 2099.60, while the technology friendly Nasdaq Composite Index advanced 73.82, or 1.5%, to 5071.51.

The Little Rock Technology Park Authority Board on Wednesday unanimously approved a motion by Chairwoman Mary Goode to request a $6.8 million advance from the City of Little Rock to fund the purchase of prime downtown real estate from Stephens Inc. in the fast-growing Creative Corridor on Main Street.

The Department of Human Services begins a series of town halls across Arkansas Tuesday about an upcoming change in the coding system used by all medical providers.

Health insurers are asking state regulators for large rate increases for next year, citing losses caused by higher-than-expected patient utilization and a sicker than expected risk pool, the New York Times reported July 4. However, in Arkansas that may not be the case.

JBS USA Pork has agreed to a $1.45 billion deal with Cargill to acquire the company’s U.S.-based pork business, which includes part of the agriculture and food giant’s pork operations in Arkansas.

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