Business Services Archive

Overtime Rule Big Change for Business (Missy Duke Commentary)

by Missy Duke 7/13/2015 12:00 am

On June 30, the U.S. Department of Labor released a proposed rule that would increase the minimum salary for employees exempt under the “white-collar” exemptions of the Fair Labor Standards Act to $970 per week, the equivalent of $50,440 annually, which represents the 40th percentile of earnings for all full-time salaried workers throughout the United States.

Rockfish Nets Chad Bingle To Lead Digital Strategy (Movers & Shakers)

by Arkansas Business Staff 7/13/2015 12:00 am

Chad Bingle has joined the Rogers office of Rockfish, a marketing and advertising firm, as director of digital strategy. Susan Roper has also joined as the office's manager of finance and accounting.

Consumer Suits Against Collection Firms Growing

by Mark Friedman 7/6/2015 12:00 am

A growing number of Arkansas consumers, with the encouragement of plaintiffs' lawyers, are suing debt collection firms alleging the way the debt was collected violated the Fair Debt Collection Practices Act.

Tear Down This Embargo (Editorial)

by Arkansas Business Editors 7/6/2015 12:00 am

Sen. John Boozman is sponsoring a bill that would enable Cuba to use credit to buy U.S. agricultural products, including Arkansas rice and chicken. And he's among the many Arkansans calling for the end of the U.S. embargo against Cuba.

CNG Stations Continue Expansion in Arkansas

by Sean Beherec 7/6/2015 12:00 am

Compressed natural gas stations around the state are seeing gains in fuel sales and demand, despite lower costs this year for traditional fuels.

Millennials Rising as Biggest Share of Workforce

by Arkansas Business Staff 7/6/2015 12:00 am

The millennial generation earlier this year passed Generation X to become the largest share of the U.S. workforce, the Pew Research Center says.

Snapshot: A Guide to John Rogers' Legal Problems

by George Waldon 7/6/2015 12:00 am

After federal agents came calling at his business and home on Jan. 28, 2014, John Rogers lost control of his chaotic financial world. The known claims against the photo archivist and sports memorabilia dealer total more than $45 million, not counting $49 million in requested punitive damages.

Growing Participation Means Longer List of Largest Trade & Professional Unions

by Austin DuVall 7/6/2015 12:00 am

The Arkansas Business list of the state's largest trade and professional associations is back after a four-year hiatus, complete with 15 new entries because of greater participation.

Lawnly Goes Yard in Fayetteville With Uber Model

by Sean Beherec 7/6/2015 12:00 am

A new company, dubbed Lawnly, is now doing business in the northwest part of the state. The service is similar to Uber in that users log on to the Lawnly application and find someone willing to take the job in the area. It varies slightly because it uses actual lawn care companies, as opposed to individual contractors.

Woodland Heights Sells In $13.9M Transaction (Real Deals)

by George Waldon 7/6/2015 12:00 am

A 142-unit independent living center in Little Rock tipped the scales at $13.9 million. A nearly 1,150-acre farm in southeast Pulaski County weighed in at $2.25 million. And a 3,708-SF residence-turned-business in Little Rock's Hillcrest area changed hands in a $525,000 deal.

Scott Rowland of Magnolia Named New President of Forest Landowners Association

by Arkansas Business Staff 7/6/2015 12:00 am

Scott Rowland recently became president of the Forest Landowners Association, based in Atlanta and comprising more than 5,000 members. The association advocates for the rights of private landowners in regard to open markets for forest products and supports them regardless of size, corporate structure, location, certification or tax classification. Rowland will serve as the FLA's president until his term expires in June 2017.

Dean Jane Wayland on Keeping UALR's College of Business in the Mix

by Arkansas Business Staff 7/6/2015 12:00 am

Before being named dean, Jane Wayland was interim dean of the UALR College of Business for two years. She also has served as associate dean of graduate studies and chairwoman of the Marketing & Advertising Department. The College of Business Advising Center was established within a year of her appointment, and she initiated the Ambassador program to showcase top students.

Office Market Tips Toward Landlords As Vacancy Rate Drops

by George Waldon 7/6/2015 12:00 am

The occupancy rate in the Pulaski County office market during the past 12 months tightened to 91.5 percent. During the first quarter 2014, the average occupancy stood at 88.7 percent.

Hutchinson Announces State Board Appointments

by Arkansas Business Staff 7/2/2015 09:29 am

Gov. Asa Hutchinson announced the latest round of appointments to state boards, panels and committees.

Acxiom CEO Scott Howe Gets $1.2M Raise in Fiscal 2015

by Sean Beherec 7/1/2015 05:07 pm

Scott Howe, CEO of Acxiom Corp. of Little Rock, was paid $6.3 million in fiscal 2015 — a pay bump of more than $1.2 million compared to fiscal 2014, according to documents filed Wednesday. Howe's total compensation included a base salary of $650,000.

Hark Announces Entrepreneurial Summer Tour of Southeast

by Mark Carter 6/29/2015 11:33 am

Hark announced that it will launch a six-week tour of the Southeast beginning in July in partnership with Bespoke Video Production of Little Rock.

UAMS BioVentures Building Entrepreneur Support System

by Mark Carter 6/29/2015 11:07 am

Nancy Gray, the new director of the BioVentures business incubator at the University of Arkansas for Medical Sciences in Little Rock, is developing an entrepreneur-in-residence program to help mentor potential startup founders at the school.

Slideshow: 40 Under 40 Honorees Recognized At Luncheon

by Alexis Hosticka 6/29/2015 12:00 am

The 2015 class of Arkansas Business' 40 Under 40 were honored at a luncheon at the Embassy Suites in Little Rock on Wednesday. Each honoree gave a brief acceptance speech and answered questions such as, “What advice would you give your 20-year-old self?” and “What do you want your legacy to be 20 years from now?”

Bentonville's Thrive Apartments Full After One Month

by Arkansas Business Staff 6/29/2015 12:00 am

Thrive Apartments, a mixed-used complex with 62 units, are at the intersection of Southwest A and Southwest Fourth streets a few blocks off the downtown Bentonville square. ERC Cos. of Barling built the complex through its in-house ERC Construction and it opened June 1.

Denver Firm Pays $6M For Westgate Center (Real Deals)

by George Waldon 6/29/2015 12:00 am

The sale of a 53,000-SF retail center in Little Rock weighed in at $6 million. A 43,798-SF retail building is undergoing redevelopment as a warehouse after a $1.2 million deal. And a 12,175-SF office-warehouse project in the Riverdale area of Little Rock changed hands in a $714,000 sale.