Business Services

Arkansas Venture Center Names Operations Team
Gov. Mike Beebe helped officially launch the AVC in May. The AVC on Wednesday announced its operations team funded through a state matching grant.

Arkansas Venture Center Names Operations Team

Joining AVC co-founder, president and CEO Lee Watson on staff are Caroline Ford as director of communications and development and Marshal Kenneday as director of operations. AVC was founded in 2013 and officially launched in May with a $500,000 matching grant from the state.
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Aurora Digital Signage Partners with Verizon for Internet Coverage

The partnership with Verizon will enable Aurora clients to use the Verizon Wireless network to power their digital signage and eliminate the need to run internal cables.
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Josh Moody's Overwatch App Ready to Hit Market

Gamers can expect to see the free Overwatch combat gaming app in the iTunes store within a couple of weeks, Overwatch CEO Josh Moody told his 1 Million Cups audience Wednesday in Little Rock.
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Alma Firm Receives Federal Grant for 'Quad Rider'

InvoTek, a research and development firm from Alma, has received a $175,000 federal grant for development of the "Quad Rider," a gear and braking device that helps people with disabilities safely operate a handcycle.
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P.A.M. Transportation Net Income Up 81 Percent

P.A.M. Transportation Services Inc. of Tontitown reports second-quarter earnings of $4.9 million, up 81 percent from $2.7 million in the same quarter last year. read more >

A Closer Look: Unemployment and Employment

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently. read more >

Value Place Hotel Visited by $4M Sale (Real Deals)

A 121-room hotel in west Little Rock tipped the scales at $4.08 million. A 6,450-SF warehouse in southwest Little Rock is under new ownership after a $1.26 million sale. And a 1.57-acre office site in west Little Rock changed hands in a $374,848 transaction. read more >

Tide Dry Cleaners Opens 2 Sites in Little Rock

Scott Thibault, president of J&M Foods of Little Rock, has entered into a franchise outside of the familiar gourmet cheese straw and cookie business. He and a partner have opened two Tide Dry Cleaners locations in Little Rock with plans to expand into outlying cities of the metro area. read more >

The Weekly Miracle (Gwen Moritz Editor's Note)

Later this week, I'll celebrate my 15th anniversary as editor of Arkansas Business. If your first thought is, “Wow, you'd think she'd be better at it by now,” let me assure you that I am in complete agreement. The longer I do this job, the more I realize just how much I don't know. But that's one of the reasons I keep doing it: I learn something about something every day. read more >

Arkansas Business Presents the 2014 Power List

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks. read more >

Minimum Wage Group Given 30 Days to Collect More Signatures

Arkansas Secretary of State Mark Martin says the group attempting to raise the state's minimum wage from $6.25 an hour to $8.50 an hour did not meet the required number of valid signatures. The group has until Aug. 18 to gather 15,107 more valid signatures. read more >

Student Entrepreneurs at eStem Get Their Own Space: The Vault

The Vault is an internal incubator for student entrepreneurs set inside what once was the underground vault of the former Federal Reserve Bank at Third and Louisiana streets in downtown Little Rock. The building now serves students in grades 9-12 as eStem High School. read more >

Wal-Mart Execs Naturally Dominate List of Executive Compensation

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon. read more >

Proposal Would Raise Arkansas' Minimum Wage Rate

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly. read more >

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