LITTLE ROCK, Ark. (KTHV) -- CNN's Maribel Aber has your top business and financial news on this Thursday, February 28.
Wonder Bread headed back to shelves
Wonder Bread is closer to returning to store shelves. Can Twinkies be far behind? A $360 million bid by baker Flowers Foods (FLO) for Wonder and most other bread brands of bankrupt Hostess Brands has been accepted and will be announced later Wednesday, according to a source familiar with the negotiations. Any deal would be subject to approval by the bankruptcy court and regulators.
Facebook announces partnership with Acxiom, other data firms
Facebook on Wednesday officially announced its partnership with Acxiom Corp. of Little Rock and several other data miners. The social media giant sais the partnerships are part of an effort to improve its custom audiences tool. The partnership was previously reported by AdAge. According to Facebook's news release, marketers will be able take advantage of the data refining techniques performed at Acxiom and elsewhere. "For example, an auto dealer may want to customize an offer to people who are likely to be in the market for a new car," the release notes.
Young adults are too broke to get loans
Young adults are in less debt than they were a decade ago, but that's not a good thing. It's not because legions of Americans under age 35 have suddenly become fiscally responsible. It's more likely that their shaky economic foundations either prevent them from qualifying for a loan or even thinking about applying for one, according to those studying the trend. "It's a sign of economic struggle, not economic success," said Richard Fry, senior economist at the Pew Research Center. "They don't have the mortgage, but they don't have the house."
For $9, United passengers can get through security faster
United Airlines said Wednesday that it has started offering travelers the ability to buy their way through a faster security line. For $9, customers can buy the right to get into the "Premier Access" line at security -- a route traditionally reserved for business- or first-class fliers. Airlines such as JetBlue and Southwest, which tend to cater to vacationers and other leisure travelers, offer the speedy security option. But United, currently the world's largest airline, is focused on high-paying business travelers who might balk at the idea of having more travelers pay a nominal fee to share their exclusive line.