Fort Smith News
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YRC Worldwide Inc., the trucker that stumbled after reaching No. 1 in the U.S. through mergers, said it remains interested in acquiring Arkansas Best Corp. following the rival company’s rejection of an offer to begin talks.
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Ankur Singh and about 10 other Greyhound bus passengers huddled outside a locked terminal at 4 a.m. in Des Moines, Iowa. The wind chill was -17 degrees Fahrenheit (-27 degrees Celsius), and their connection wouldn’t arrive for five hours.
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Temperatures broke 90 degrees Fahrenheit (32 Celsius) in Tulsa, Oklahoma, for the 29th time this month, tying a record set 100 years ago, while the old mark was shattered in nearby Fort Smith, Arkansas, the National Weather Service said.
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ABB Ltd ., the Swiss maker of factory robots and power transmission gear, agreed to buy Baldor Electric Co. for about $3.1 billion in cash to expand in the North American market for industrial motors and drives.
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The world’s finance chiefs headed to the northern Canadian outpost of Iqaluit, just 195 miles south of the Arctic Circle, in February 2010.
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An appeals court refused to reconsider a decision compelling the Federal Reserve Board to release documents identifying banks that might have failed without the U.S. government bailout.
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The central U.S. will continue to bake under hotter-than-normal weather into mid-August, while the northern Plains and Northeast may get some relief, said Matt Rogers, President of Commodity Weather Group LLC.
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Temperatures may near 100 degrees as far north as Minnesota as a heat wave builds in the central U.S. this weekend, threatening to boost energy usage and damage crops before spreading to the East Coast.
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Mitsubishi Heavy Industries Ltd., a Japanese maker of heavy machinery, will suspend construction of its wind turbine manufacturing plant in Fort Smith, Arkansas because of sluggish demand in the U.S.
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Arkansas Best Corp., a trucking company, rose the most in almost six months after saying it will purchase Panther Expedited Services Inc. to expand its logistics and high-speed delivery businesses.
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