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Hewlett-Packard laying off around 500

Hewlett-Packard is laying off about 500 workers in Conway as it streamlines its operations at its three-year-old $28 million customer support facility and abroad. The Palo Alto, Calif.-based computer firm opened its Conway service center in 2010 amid tremendous fanfare.

U.S. Treasury delays employer reporting mandate for affordable care act

An official with the U.S. Treasury Department announced that the Obama administration will delay penalties for large employers who do not provide health insurance coverage to workers under the Affordable Care Act. Assistant Secretary for Tax Policy at the Treasury Department Mark J. Mazur said, "The Administration is announcing that it will provide an additional year before the ACA mandatory employer and insurer reporting requirements begin."

Farm bill fails to win House approval

A little more than a week after the U.S. Senate passed its bipartisan version of a five-year farm bill, the House of Representatives couldn't muster enough votes from either side to pass a competing measure. On Thursday, the House Farm Bill failed on a 195-234 vote with Reps. Rick Crawford, R-Jonesboro, Tim Griffin, R-Little Rock, and Steve Womack, R-Rogers, voting for the bill and Rep. Tom Cotton, R-Dardanelle, voting against it.

Former USA Drug magnate Stephen LaFrance dies unexepectedly

Retired USA Drug magnate Stephen LaFrance Sr. of Pine Bluff unexpectedly passed away in his sleep Tuesday night. LaFrance, 71, had sold his massive USA Drug franchise and warehousing business in July 2012 for $438 million to Walgreen's. The transaction included 144 stores operating under the USA Drug, Super D Drug, May's Drug, Med-X and Drug Warehouse stores located in Arkansas, Kansas, Mississippi, Missouri, New Jersey, Oklahoma and Tennessee.