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Arkansas' breaking business news blog, with news and commentary from the Arkansas Business staff.
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The filmmakers behind "Antiquities," a feature by Arkansans Graham Gordy and Daniel Campbell, have released the film's first trailer.
Shot in Arkansas, the ensemble comedy is about Walt (Andrew J. West), who moves to his late father's hometown to learn more about who his father was. He takes a job at a local antique mall and "learns not only about his father, but a good bit about himself."
The film, directed by Campbell and written by Gordy, also stars Ashley Greene, Michaela Watkins, Michael Gladis and Academy Award-winner Mary Steenburgen, who is also from Arkansas.
The film is from Mortuus Pater Pictures, a Little Rock startup movie company led by Gordy, Campbell and Gary Newton. It shot scenes on Main Street in North Little Rock in the fall of 2016.
The trailer is below. The cast also includes Roger Scott of 103.7 The Buzz, who's pretty funny in the trailer. Blink and you'll miss a quick shot of Little Rock developer Rett Tucker, who also has a role.
The Walmart annual shareholders' meeting, hosted by actor and comedian Jamie Foxx, took place beginning at 8 a.m. at Bud Walton Arena on the University of Arkansas campus in Fayetteville.
The event was the second part of Walmart's annual meeting, which the retailer broke into two parts this year. On Wednesday, Walmart held the formal business portion of the meeting, rejecting three shareholder proposals.
Speaking on Friday, CEO Doug McMillon said the retailer is "positioning ourselves for sustained growth while at the same time finding new ways to serve customers today."
You can watch Walmart's broadcast of the complete event below.
Video of Wednesday's Formal Business Meeting
The Arkansas Regional Innovation Hub and its new executive director, Chris Jones, Ph.D., were profiled Wednesday by PBS' "NewsHour" show.
Winrock International, which owns the Hub, hired Jones to lead the nonprofit in March.
Jones told PBS Correspondent Jeffrey Brown, "We're really about providing the tools necessary to create the innovators, the makers, the tinkerers, the thinkers and the entreprenuers of the future, particularily in the state of Arkansas."
The feature introduces viewers to a new tool, a mobile makerspace called "The STEAM Roller" that is designed to reach students in schools too far from the Hub's headquarters in North Little Rock to journey there for field trips. STEAM stands for Science, Technology, Engineering, the Arts and Math.
Jones also spoke about how the Hub seeks to remove barriers for low-income people, women and people of color who aren't typically seen as up-and-coming innovators, inventors and entreprenuers. Jones also said the Hub is helping to ensure bright futures for students statewide by exposing them to "making."
PBS interviewed Little Rock-grown icon, Raye J. Montague, as well. She created the first computer-generated rough draft of a U.S. Naval ship and was the Navy's first woman program manager of ships, despite being denied a formal engineering education due to her race and gender.
Simmons First National Corp. CEO George Makris this morning announced a $2.5 million donation to the athletics program at the University of Arkansas at Pine Bluff.
The donation, made by the company's Simmons Bank subsidiary, is the largest single gift in UAPB history.
Simmons Bank said the money would fund athletic upgrades to UAPB's football and baseball facilities. Carlos James, the university's head baseball coach, told the Pine Bluff Commercial he's grateful for the donation.
"For me, I think it's a great gesture by Simmons Bank to jump in and donate to the athletic program of UAPB," he said. "What they're doing and the amount that they're giving is a huge deal for our athletic department. It will bring us validity around the state."
Arkansas Business will have more coverage of the announcement later today.
Our CEO, George Makris, Jr., just presented UAPB with a $2.5 million donation to fund athletic upgrades. pic.twitter.com/QPRl7wSn7f— Simmons Bank (@simmons_bank) May 22, 2018
Fortune magazine has published its 64th annual Fortune 500 list of the country's biggest companies, and Walmart Inc. of Bentonville ranks No. 1 for the sixth consecutive year.
The publicly traded retailer is at the top of the list with more than $500 billion in revenue, up 3 percent from last year. It had profit of $9.9 billion and employs about 2.3 million people. It's the 24th year the company has been on the list.
The magazine notes Walmart's efforts to drop the less productive parts of its business (a move that included closing some of its Sam's Club warehouse stores) and focus more on e-commerce sales.
"Its Walmart business in the U.S. is transforming its website into an online mall offering a slew of brands and expanding its grocery delivery," the magazine reports, "while the shuttered Sam's Clubs will be repurposed as e-commerce distribution centers to speed up delivery."
In all, six Arkansas companies made the 500 list. Two other companies ranked below the 500 threshold.
The other Arkansas companies are:
No. 80: Tyson Foods Inc. of Springdale — $38.3 billion
No. 279: Murphy USA Inc. of El Dorado — $10.8 billion
No. 395: J.B. Hunt Transport Services Inc. of Lowell — $7.2 billion
No. 439: Dillard's Inc. of Little Rock — $6.4 billion
No. 474: Windstream Holdings Inc. of Little Rock — $5.8 billion
No. 763: ArcBest Corp. of Fort Smith — $2.8 billion
No. 902: Murphy Oil Corp. of El Dorado — $2.2 billion
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