Business Services

Innovate 2 Educate Event Allows Students to Solve Problems

Innovate 2 Educate Event Allows Students to Solve Problems
The Innovate 2 Educate event, conjured and run by Noble Impact and EAST Initiative students from eStem High School, drew about 200 eStem students to the ARK Challenge space in downtown Little Rock on Friday.

Students from eStem Public Charter High School in downtown Little Rock spent Friday morning pitching startup ideas designed to innovate the current educational model.
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Picasolar Gets New Funding, Works to Scale Innovative Solar Cell

Fresh off a new round of federal SunShot Initiative funding and a $1.2 million round of equity capital, Fayetteville's Picasolar will spend the next 10 to 12 months scaling its solar cells to meet the industry standard.
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Civik Connects Legislators, Constituents Through Targeted Surveys

Trent Atwood's Civik enables elected officials to use targeted questions, based on ZIP code or demographics, to survey constituents on specific issues.
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No Daily Report, Morning Report or E-newsletters on Thursday, Friday

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday. read more >

HP Earnings Miss Estimates, Show Continued Struggle

Hewlett-Packard Co.'s latest earnings report shows that despite three years of efforts to turn its business around, the venerable tech giant still has a lot more work ahead. read more >

Conway Sees Two Recent Million-Dollar Deals

Conway hosted a pair of recent million-dollar real estate transactions. At $2.7 million, the larger of the two is the 71-room Microtel Inn & Suits. About 2 miles south as the crow flies, FNT Professional Leasing LLC of Little Rock purchased a 9,574-SF commercial building for $1.25 million. read more >

Centennial's J.P. Sexton Named Arkansas Mortgage Banker of the Year (Movers & Shakers)

J.P. Sexton, vice president and mortgage market sales manager at Centennial Bank of Conway, was named 2014 Arkansas Mortgage Banker of the Year by the Mortgage Bankers Association of Arkansas. Sexton has over 25 years of mortgage experience in origination, underwriting, sales and operation management. read more >

Evaluating New Minimum Wage's Effects (Michael Pakko Commentary)

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level. read more >

Watson Furniture Gets New Lease on Life (NWA Real Deals)

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951. read more >

Red Lobsters Serve Up $8.4M Transaction (Real Deals)

ARCP RL Portfolio V LLC purchased the Red Lobster at 3707 McCain Blvd. in North Little Rock for $4.98 million. ARCP RL Portfolio VI LLC bought the Red Lobster at 8407 W. Markham St. in Little Rock for $3.44 million read more >

Gov.-elect Asa Hutchinson Begins Bureaucrat Shuffle

After eight years with a Democrat at the helm of the executive branch, Republican Asa Hutchinson's agency director appointments are also an opportunity to shape the next four years of business in the state. read more >

Fayetteville Anti-bias Ordinance Splits City, Chamber

On Dec. 9, Fayetteville voters will decide the fate of Ordinance 5703 — commonly known as Chapter 119 — which would prohibit discrimination in the workplace or in housing based on veteran status, sexual orientation, gender identity and socioeconomic background. read more >

DRA Investing $3.7M in Delta Projects

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola. read more >

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