2 Walmart markets open on east side
Two new Walmart Neighborhood Markets will open today at 8 a.m. on Tucson's east side, at 2550 S. Kolb Road and 8640 E. Broadway. Their openings created about 200 full- and part-time jobs.
Tucson gas prices down for 6th week
Gasoline prices around Arizona are lower for the sixth consecutive week.
AAA Arizona said Thursday that the average statewide price for regular is $3.56 a gallon, down 6 cents from last week.
Tucson has the lowest average price in Arizona at $3.32 a gallon, also down 6 cents in a week.
This week's national average is $3.51 per gallon, down by more than a nickel.
Freeport-McMoRan 1st-quarter profit falls
PHOENIX - Mining company Freeport-McMoRan Copper & Gold Inc. said Thursday that its first-quarter net income fell, as the quality and volume of its gold declined.
Net income dropped to $648 million, or 68 cents per share, for the three months ended March 31. That was down 15 percent from $764 million, or 80 cents per share, in the 2012 first quarter. Revenue fell slightly to $4.58 billion, from $4.61 billion a year ago. Analysts had been expecting $4.65 billion.
The Phoenix company said it has lined up debt financing for its planned acquisitions of Plains Exploration & Production Co. and McMoRan Exploration Co. for $20 billion in total.
Staff and wire reports