Business Services Archive

Percentage of Millennials Living Independently Drops

by Arkansas Business Staff 9/21/2015 12:00 am

Despite an improving economy, the percentage of young adults, or millennials, living independently in the United States has not rebounded to prerecession levels, according to a recent study.

Guiding Principles for Young Entrepreneurs (David Moody Commentary)

by David Moody 9/21/2015 12:00 am

It is routine for many of us to use basic decision criteria to help us make decisions. The problem is that we tend to change the criteria. In certain situations, some criteria are relaxed or ignored.

Lori Case Melton Advances to Market President for First Service Bank

by Arkansas Business Staff 9/21/2015 12:00 am

A 30-year veteran of the banking industry has been named president of the Conway market and commercial loan officer by First Service Bank of Greenbrier, a bank with $250 million in assets.

Windstream Board Adopts Shareholders Rights Plan

by Arkansas Business Staff 9/18/2015 03:11 pm

Noting that it was not mounting a defense against a possible takeover, Windstream announced Friday that its board of directors has adopted a shareholders rights plan.

State Police Investigating Mississippi County Equipment Repairs

by Associated Press 9/18/2015 01:13 pm

Arkansas State Police has launched an investigation into Mississippi County's relationship with a Missouri-based company owned by a county employee's relative.

Arkansas Unemployment Mirrors National Trend, Down to 5.4 Percent

by Alexis Hosticka 9/18/2015 09:46 am

A report Friday by the Arkansas Department of Workforce Services, shows Arkansas' seasonally adjusted unemployment rate dropped two-tenths of a percentage point, from 5.6 percent in July to 5.4 percent in August.

Alma's InvoTek Part of $5M Research Project

by Mark Carter 9/17/2015 10:39 am

Alma research and development company InvoTek is one of four organizations partnering on a project to help improve the ability of those with physical disabilities communicate using technology.

Jeff Stinson to Lead Newly Launched Innovation Fund

by Mark Carter 9/17/2015 09:41 am

The Innovation Fund from the Innovation Hub will support and accelerate the development of university-based startup companies in Arkansas. Jeff Stinson will be its director.

Arkansas Gets $4M to Fund Apprenticeship Program

by Associated Press 9/16/2015 03:50 pm

The U.S. Department of Labor has awarded $4 million to Arkansas to help expand apprenticeship programs in certain industries.

Wal-Mart Expands Online Grocery Pickup in NWA

by Alexis Hosticka 9/16/2015 11:37 am

Wal-Mart is expanding its online grocery pickup test in the northwest Arkansas area to include five Neighborhood Market stores in Fayetteville, Springdale, Rogers and Bentonville.

Arkansas Governor's Quality Award Winners Announced

by Arkansas Business Staff 9/16/2015 08:00 am

Gov. Asa Hutchinson recognized winners at the Governor's Quality Award Program held at the Marriott Hotel in Little Rock. North Arkansas College of Harrison took top honors in receiving the Governor's Award for Performance Excellence.

HP to Jettison Up to 30K Jobs as Part of Spinoff

by Associated Press 9/15/2015 04:54 pm

Hewlett-Packard says its upcoming spinoff of its technology divisions focused on software, consulting and data analysis will eliminate up to 30,000 jobs.

Birch: First Phase of Little Rock Tech Park to Open in Fall 2016

by Mark Carter 9/15/2015 03:19 pm

The first phase of the planned Little Rock Technology Park is targeted to open in the fall of 2016 with 40,000-SF of incubator and office space at 417 Main, Tech Park Executive Director Brent Birch said Tuesday.

Startup Junkie One of 7 Selected for SBA ScaleUp Program

by Mark Carter 9/15/2015 09:19 am

Startup Junkie Consulting of Fayetteville is one of seven organizations across the country selected by the U.S. Small Business Administration to administer a ScaleUp America startup accelerator.

Of Banks and the AFCU (Feedback)

by B. Dan Berger 9/14/2015 12:00 am

The misinformation employed by the Arkansas Bankers Association to exclude Arkansas Federal Credit Union from the bidding process for the Little Rock Technology Park community development project is reprehensible. The ABA put politics above the potential jobs and economic growth of the community, which speaks volumes about its self-serving agenda.

Real Estate Market Improves Across All Fronts in Little Rock

by Diana Cooke 9/14/2015 12:00 am

The residential real estate market in Little Rock strengthened in the first quarter of 2015. Year-to-date home sales increased 8.5 percent and prices increased 2.5 percent from one year ago. Realtors from the area noted that existing homes have been selling fast with multiple offers.

Arkansas Municipalities Left to Clean up After Property Owners Leave Mess

by Mark Friedman 9/14/2015 12:00 am

Dealing with property owners who neglect dilapidated commercial buildings is becoming a growing problem for cities, especially when they crumble, Pine Bluff Mayor Debe Hollingsworth said. Other officials in cities and towns in Arkansas agree with her.

Storage Development Draws $1.4M Sale (Real Deals)

by George Waldon 9/14/2015 12:00 am

A 240-unit mini-storage project in west Pulaski County weighed in at $1.4 million, and a 24-unit loft project in downtown Little Rock is under new ownership after a $455,000 foreclosure sale.

Momentum on Side of Max Farrell's Latest, WorkHound

by Mark Carter 9/7/2015 12:00 am

His latest venture is WorkHound, which has developed a driver retention tool for the trucking industry that enables drivers to share feedback about their company and includes an app that aggregates driver data.

McLarty Capital Partners Makes Loans, Invests Equity

by George Waldon 9/7/2015 12:00 am

As an SBIC, McLarty Capital has the flexibility of working with a business as a lender or as an equity partner with a minority or majority position. The seven deals it has closed to date represent a mix of each kind.