LITTLE ROCK, Ark. (Arkansas Business) -- Wall Street is edging closer to record heights before losing steam before the final bell.
Ark. Speaker of the House tax cut includes no less funding
Arkansas Speaker of the House Davy Carter says that his proposal to cut $150 million in taxes includes no less funding for any state agency than was included last year.
Carter does say that also means that some agencies may not get more this year as was submitted in Gov. Beebe's budget.
Beebe says the state can't take any more reductions in revenue.
Acxiom Corp. confirms layoffs
Acxiom Corp confirming that a reorganization has resulted in "less than 100" jobs being cut nationwide, with "fewer than 50" being affected Arkansas.
A spokesman for the marketing and data company located in Little Rock says the adjustments made were common "to all companies"
Company spokesman Wyatt Jefferies said the layoffs were part of adjustments common to "all companies."
The company did not comment on the types of jobs cut, only that they were all from the same department.
Wal-Mart chief administrative officer stepping down
Wal-Mart Stores Inc.'s chief administrative officer, Tom Mars, is stepping down, according to the Wall Street Journal. No comment yet as to why.
You might remember that Mars was a Fayetteville trial lawyer becoming director of the Arkansas State Police.
He joined Wal-Mart in 2002 as a vice president and assistant general counsel.
LR doctor facing lawsuit from former patient
A Little Rock family practice doctor whose license was suspended in June for overprescribing controlled substances is now facing a lawsuit over the death of one of his patients.
Patricia Powell-Torres blames Dr. John Wolverton for the death of her 31-year-old daughter, Nicole Adams, in January 2012, according to the lawsuit filed in Pulaski County Circuit Court.
Adams began seeing Wolverton for back pain, the lawsuit says, but never performed any tests that would justify the "staggeringly large amount" of pain meds that were prescribed, including hydrocodone and oxycodone
Wolverton closed his practice at Caruthers & Wolverton PLLC and couldn't be reached for comment.
(Source: Arkansas Business)