Business Services Archive

Transportation, Retail Companies Hoping to Keep Up With Supply Chain

by Marty Cook 4/27/2015 12:00 am

Supply chain dynamics don't often get big laughs, but it wasn't a tough crowd last week at the Reynolds Center for Enterprise Development on the University of Arkansas campus in Fayetteville.

Airports Do the Low-Cost Airline Tango

by Sean Beherec 4/27/2015 12:00 am

While the average cost of domestic plane fares is expected to decline this summer by about $2 because of the low cost of oil, passengers continue to seek out low-cost carriers offering steeper discounts for fewer frills.

Warren Stephens Bets on Startup Roadie Shipping Network

by Jan Cottingham 4/27/2015 12:00 am

Roadie uses the excess capacity of passenger vehicles already on the road to move packages from one point to another. The Roadie mobile app connects drivers with people who need to ship goods to where those drivers are already headed.

How America's Middle Class Has Shrunk Since 2000

by Arkansas Business Staff 4/27/2015 12:00 am

The struggles of middle-class American families and growing income inequality have risen to the top of the national agenda.

Conway Startup Grainster's Boasts Wildly Optimistic Projections

by Mark Friedman 4/27/2015 12:00 am

Grainster, an online grain-trading business based in Conway, launched in August and has since made eye-popping claims of being a $200 million startup and having a potential valuation of $1 trillion in just 14 years.

Innovate Arkansas Accelerating Startup Success in State

by Mark Carter 4/27/2015 12:00 am

Before 2012, Arkansas startup founders looking to join an accelerator program to fast-track their ventures had to look out of state. The ARK Challenge gave them a reason to stay home. The state's first startup accelerator, the ARK was funded into life in 2012 when Innovate Arkansas submitted an application to the $37 million Jobs & Innovation Accelerator Challenge, an effort by the U.S. Department of Commerce to spur job creation within targeted regional industry clusters.

nGage Labs Cuts 15 Jobs in Little Rock, But Still Open for Business

by Mark Carter 4/24/2015 09:38 am

nGage Labs laid off 15 workers last month, but its office in Little Rock remains open, a company spokesman says.

Arkansas State, Harding Teams Take Top Awards at DWR Governor's Cup

by Mark Carter 4/22/2015 02:54 pm

Teams from Arkansas State University in Jonesboro and Harding University in Searcy took top honors at the 2015 Donald W. Reynolds Governor's Cup collegiate business-plan competition awards.

UCA Picks Eric Rob & Isaac for Advertising Services

by Sean Beherec 4/21/2015 12:30 pm

The university selected Eric Rob & Isaac after reopening the contract for bids last month. The decision comes about a month after UCA reopened its contract with CJRW of Little Rock, which held the account since 2009, and requested bids from other agencies.

Arkansas Jobless Rate Unchanged at 5.6 Percent

by Arkansas Business Staff 4/21/2015 09:53 am

The state's unemployment rate was unchanged at 5.6 percent in March, reflecting a revised rate for February. According to DWS, the state's civilian labor force rose by 4,900 from January to February, a result of 5,800 more employed and 900 fewer unemployed Arkansans.

Contractors See Construction Business Pick Up in 2014

by George Waldon 4/20/2015 12:00 am

In general, 2014 was a year of increase among the biggest general contractors in Arkansas. Eighteen out of 32 firms that reported updated revenue figures for the largest commercial contractors list recorded year-over-year gains.

For Fairness (Editorial)

by Arkansas Business Editors 4/20/2015 12:00 am

We support the proposal before the Little Rock Board of Directors that would forbid discrimination against city workers, including discrimination on the basis of sexual orientation and gender identity.

Safety Directors Keep Eye On Construction Sites

by Mark Friedman 4/20/2015 12:00 am

Contractors, builders and construction executives say accident prevention keeps costs and accidents down at work sites. Having a safety director on a job site could help prevent worker injuries, said Richard Hedgecock, the executive vice president of the Associated General Contractors Arkansas, the state's largest commercial construction trade association.

Widespread Growth Seen in Northwest Arkansas

by Charles S. Gascon and Michael A. Varley 4/20/2015 12:00 am

When Sam Walton opened in 1950 the dime store in Bentonville, to say the area was sparsely populated would be an understatement. Today, these environs have grown so much that they comprise their own metropolitan statistical area.

Arkansas Personal Income Rises 3.1 Percent in 2014

by Arkansas Business Staff 4/20/2015 12:00 am

Average state personal income in the United States grew by 3.9 percent in 2014 from 2 percent in 2013, according to estimates by the U.S. Bureau of Economic Analysis. Personal income in Arkansas rose 3.1 percent in 2014 compared with 2013, from $108.6 billion to $112 billion, a gain that ranked it 36th in the nation, the report said.

Matt Crafton of Crafton Tull on Why Construction Clients Shouldn't 'Coast' Along

by Arkansas Business Staff 4/20/2015 12:00 am

Matt Crafton, 47, is the CEO of Crafton Tull, the civil engineering and landscape architecture firm that his father, Bob, co-founded with Lem Tull in 1963. Crafton Tull is the state's fifth-largest engineering firm, with offices in Arkansas and Oklahoma.

Patent Primer: A Visit with Jeff Stinson of UALR TechLaunch

by Mark Carter 4/20/2015 12:00 am

Jeff Stinson leads the technology commercialization efforts at the University of Arkansas at Little Rock as director of UALR TechLaunch. He's also executive director of Fund for Arkansas' Future, the state's first private angel fund. Stinson believes startups born of university research can bolster the state's growing tech startup ecosystem. Many Innovate Arkansas client firms are university startups that hatched a patentable idea and commercialized it.

Skyline Report: Commercial Permits Up; Multi-family Vacancy Rates Drop in NWA

by Arkansas Business Staff 4/16/2015 11:00 am

Arvest Bank on Thursday released its Skyline Reports on commercial and multi-family real estate in northwest Arkansas for the last six months of 2014.

HP Enterprise Gets $190M DHS Contract for Medicaid Management

by Lance Turner 4/15/2015 03:33 pm

HP Enterprise Services signs a $190 million contract with the state Department of Human Services to manage Medicaid in Arkansas through a new IT system.

Business Workshop for Landowners Scheduled for May 14 at WRI

by Arkansas Business Staff 4/14/2015 10:04 am

Landowners, farmers and hunting clubs wanting to earn extra income by offering recreational and other activities for visitors can learn more at a business workshop for landowners on Thursday, May 14, at the Winthrop Rockefeller Institute on Petit Jean Mountain.