LITTLE ROCK, Ark. (Arkansas Business) -- A jump in U.S. auto sales drives markets higher on Wednesday.
Shares of General Motors and other automakers surged on Wednesday after posting strong sales in August giving the industry its best month in six years.
For its part, General Motors said sales rose 15 percent last month, Chrysler and Ford each reported 12 percent gains.
But it was Toyota that posted the biggest increase, its sales up 23 percent since August of last year.
Nasdaq: Another week, another glitch
There was another glitch in the Nasdaq Stock Market. The exchange reported that its system for disseminating prices had a brief outage, lasting about 6 minutes just before noon. Trading was not affected.
This is the second time in two week that the Nasdaq has run into technical problems.
Arkansas finances ahead of forecast in August
The latest on the state's fiscal health shows Arkansas ahead of forecast in August.
The state Department of Finance and Administration said Wednesday that revenue collections for August came in above forecast by 1.5 percent, reaching nearly $388 million.
The sum is also more than 5 percent above August revenue from 2012. The state's fiscal year began July 1.
Tax collections beat the finance department's forecast for both July and August.
CJRW loses Clinton Library, Foundation account
There was a big change in Arkansas' public relations and tourism arena.
Cranford Johnson Robinson Woods, the state's largest advertising and PR firm, confirmed that it has lost its long-held William J. Clinton Presidential Center account.
A CJRW vice president wouldn't disclose the value of the account but called it "significant."
In a statement, CEO Wayne Woods noted that the Little Rock agency had been associated with Bill Clinton since 1964.
The current dean of the Clinton School for Public Service, long-time Clinton associate Skip Rutherford, had worked for CJRW for 13 years until 2006.