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LITTLE ROCK, Ark. (Arkansas Business) -- Stocks shot higher in the early morning on Friday, after the government reported that the U.S. added jobs in November, according to Lance Turner with Arkansas Business.

The Labor Department said the U.S. added 146,000 jobs last month, more than economists had expected.

The unemployment rate fell to 7.7 percent from 7.9 percent, the lowest in nearly four years.

But shares of Apple,which has been flailing in recent weeks as investors wonder how long its momentum can continue,dragged down the indexes that it's part of.

Shares of the iPhone and iPad maker fell about $14 to $533 -- or 2.6 percent. That's part of a longer trend: Apple's stock has plunged nearly 24 percent since the iPhone 5 went on sale Sept. 21.

Investors are wondering how long the company can keep the momentum going with its popular iPhone and iPad devices.

Here in Arkansas, Arkansas State University taking the next step toward possibly establishing a campus in Mexico.

The ASU board of trustees voting on Friday to allow the university to go ahead with negotiations to establish the campus in Queretaro, Mexico.

ASU officials have been working with the Association for the Advancement of Mexican Education, a nonprofit corporation that has pledged to provide facilities and start-up costs associated with the new campus.

Representatives from Mexico visited ASU in September. All this, as Mexico's middle class grows and with it, demand for a higher education.

New restaurant news in Sherwood. On Sunday, a new 7,500 square-foot Buffalo Wild Wings restaurant opened on Silver Creek Drive.

The father-son franchise team own other Wild Wings restaurants in Conway, Little Rock in Fort Smith. Their Little Rock location had total food sales of $2 million in 2011 and $1 million in the first half of 2012.

The Sherwood location employs 175 part-time workers.

And lots of alcohol permit action going on as some Arkansas counties prepare to "go wet" in 2013 -- a result of this year's elections.

Among them -- Benton County in northwest Arkansas. According to the Alcoholic Beverage Control, 29 applications for retail beer permits were made in the county.

Fifteenof those were by the EZ Mart convenience store chain.

Madison and Sharp counties also went wet in last month's election, but interestingly, the ABC didn't accept a single retail alcohol permit application from those counties last month.

(Source: Arkansas Business)

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