Business Briefs for August 20, 2007

by Arkansas Business Staff  on Monday, Aug. 20, 2007 12:00 am  

  • The Arkansas Public Service Commission rejected Entergy Arkansas' request for a rehearing in its bid for a $106.5 million rate increase. The state's largest electric utility said it would appeal the decision to the Arkansas Court of Appeals. The commission stood by its June 15 order to reduce its base rate reduction of $5.13 million, which the PSC said should go to residential customers.
  • William C. "Bill" Scholl has been named president and chief executive officer of First Security Bank of Little Rock. Scholl, with more than 34 years in the banking business, joined the banking company in September 2005 as president of First Security Bancorp of Searcy, the holding company for the Little Rock bank. Previously, Scholl had served as president of Pulaski Bank and had worked in executive management positions for several Little Rock banks.
  • Clear, a service provider of registered traveler lanes at U.S. airports, has opened an enrollment center at Little Rock National Airport on the baggage/ticketing level, near the escalators from 5 a.m. to 7 p.m. daily. Clear will serve all travelers on all airlines when it opens its security checkpoint lane at the airport later this month. The service provides travelers with an identity card that allows them expedited access through airport security checkpoints for an annual fee of $99.95, once they are pre-screened and approved by the Transportation Security Administration.
  • Moore Stephens Frost PLC of Little Rock has received the Arkansas Society of CPAs Public Service Award for Firms for 2007. The award is for the firm's commitment to volunteerism with Second Genesis Inc., the Susan G. Komen Race for the Cure, blood drives, the UALR Foundation, Just Communities of Central Arkansas, Newspapers in Education, Arkansas Cancer Research Center, Union Rescue Mission, the Corliss Williamson Foundation and Riverfest.
  • BNSF Logistics LLC of Springdale, an indirect wholly owned subsidiary of Burlington Northern Santa Fe Corp., has been named one of the top logistics providers for the fourth consecutive year in Inbound Logistics' annual "Top 10 3PL Excellence Award" survey. It was the fourth consecutive year the company has made the list.
  • North Arkansas Regional Medical Center at Harrison has joined the Institute for Healthcare Improvement's 5 Million Lives Campaign to reduce incidents of medical harm in U.S. hospitals. The campaign asks hospitals to improve the care they provide to protect patients from 5 million incidents of medical harm over a 24-month period, ending Dec. 9, 2008. IHI estimates that 15 million incidents of medical harm occur in U.S. hospitals each year.
  • Al's Formal Wear has opened its first location in Arkansas at Park Plaza Mall in Little Rock. The store specializes in wedding, prom and black tie event apparel and accessories from designers such as After Six, Calvin Klein, Perry Ellis and Ralph Lauren. It also has groomsmen's gifts, cameras, "bride" and "groom" hats and T-shirts. The store also sells and rents business suits.
  • Metropolitan National Bank of Little Rock has launched a retail Web site that features a variety of outerwear, premium items and other promotional merchandise featuring the bank's eagle logo. The site can be accessed from Metropolitan's Web site (www.metbank.com) or directly (www.metbankstore.com). The bank partnered with Victory Dry Goods and Flex360 (a division of Arkansas Business Publishing Group) to develop, launch and maintain the Web site and company store.
  • The Arkansas Hospitality Association will hold its 63rd annual Convention and Trade Show Sept. 26-27 at the Statehouse Convention Center in Little Rock. Hundreds of vendors will showcase their goods and services for the benefit of hundreds of hospitality industry owners, managers and employers. For more information, contact the Arkansas Hospitality Association at (501) 376-2323.

 

 

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