Government & Politics Archive

Bank of America Agrees to Nearly $17B Settlement

by Associated Press 8/21/2014 11:50 am

The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.

Mitt Romney, Kevin McCarthy Praise Arkansas GOP Candidates

by Andrew DeMillo, The Associated Press 8/21/2014 09:19 am

Former Republican presidential candidate Mitt Romney and House Majority Leader Kevin McCarthy praised their party's nominees for governor and Congress in Arkansas, as the state GOP enlisted the help of national figures to boost their campaigns.

Jonesboro Sun Says Police Chief Bullied Reporter

by Associated Press 8/21/2014 09:17 am

The publisher of the Jonesboro Sun newspaper wants the city police chief to quit, saying the chief bullied a reporter into quitting by making a series of derogatory statements about her on Facebook.

The Debate Over 'Partisan Polling' (Robert Coon On Politics)

by Robert Coon 8/20/2014 03:51 pm

With highly targeted and fiercely competitive races for U.S. Senate and Governor, Arkansas has been a hotbed for public opinion polls in recent months – with a new poll being released just about weekly. But as the number of polls being released continues to rise, so have the number of critics crying foul over the assumed biases of so-called “partisan polling”. Can partisan polls be trusted, or are they just tools used to push an agenda?

Kevin McCarthy, Mitt Romney Campaign in Arkansas

by Associated Press 8/20/2014 11:29 am

U.S. House Majority Leader Kevin McCarthy is calling for the Keystone XL pipeline to move forward as he kicks off a series of campaign visits for congressional hopefuls in Arkansas.

Fort Smith OKs $1.5M for Osteopathic Medical College

by Associated Press 8/20/2014 07:28 am

Fort Smith has approved spending $1.5 million on infrastructure for the Arkansas College of Osteopathic Medicine.

Beebe, Other Southern Governors Tout Benefits of Medicaid Expansion

by Associated Press 8/19/2014 12:57 pm

Three governors who expanded Medicaid under the federal health care overhaul said Saturday there are economic and moral arguments for embracing a key part of the law, despite strong political opposition in their southern states.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."

Texarkana Hotel Group to Pay $915K

by Associated Press 8/19/2014 07:43 am

A settlement has been reached between a Texarkana hotel owner and the contractors who built the city's new convention center and hotel.

Mark Martin Pays Back $2,100 for Homestead Tax Credits

by Andrew DeMillo, The Associated Press 8/18/2014 05:29 pm

Arkansas Secretary of State Mark Martin has paid $2,100 to Benton County for improperly receiving tax credits on two homes over the past three years, and indicated he planned to make more payments for claiming both houses as his primary residence.

Update: More Signatures Submitted for Wage Hike Item

by Associated Press 8/18/2014 03:52 pm

A group proposing to gradually raise Arkansas' minimum wage has submitted additional signatures in its effort to put the increase before voters in November.

Arkansas Unemployment Rate at 6.2 Percent in July

by Lee Hogan 8/18/2014 09:03 am

Arkansas' unemployment rate was 6.2 percent in July, down one-tenth of a percentage point from June, according to a report released Monday by the state Department of Workforce Services.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

New Regulations a Pain in the Neck for Chiropractic 'Runners'

by Mark Friedman 8/18/2014 12:00 am

A combination of regulation and enforcement has begun to chip away at the lucrative business plan that has generated so many complaints that the Arkansas State Board of Chiropractic Examiners had to add another full-time staff position.

Windstream Spinoff Hits Dividend Even More Than You Think

by Michelle Corbet 8/18/2014 12:00 am

On July 29, Windstream Holdings Inc. sent shock waves through Wall Street when it announced it would spin off most of its physical assets — mostly copper wires and fiber-optic cables — into a separate, publicly traded real estate investment trust.

On Private Clubs (Editorial)

by Arkansas Business Editors 8/18/2014 12:00 am

When savvy entrepreneurs see a need going unfilled, they form businesses. When those businesses successfully meet that need, they thrive. You know, America. Now the Little Rock Board of Directors is considering stepping between businesses and their customers.

Some New CVS Pharmacy Locations Seek Beer and Wine Permits

by Arkansas Business Staff 8/18/2014 12:00 am

CVS Caremark Corp. of Woonsocket, Rhode Island, is wading deeper into the Arkansas market, and some locations plan to sell beer and wine.

Lindsey's Roy Stanley Takes On IRS

by Arkansas Business Staff 8/18/2014 12:00 am

Roy E. Stanley, the longtime president of Fayetteville's Lindsey Management Co. and current president of Lindsey Communications Inc., and his wife, Carol, are suing the Internal Revenue Service over the findings of an audit performed in October 2012.

Next Arkansas Governor Inherits Long-Time Delta Woes (AP Analysis)

by Kelly P. Kissel, The Associated Press 8/17/2014 01:12 pm

The head of the Delta Regional Authority said a mouthful when he told a jobs conference last week that Arkansas' next governor would face a unique set of challenges after taking office in 2015. Unique? Yes. New? No.

Group Submits Petitions to Expand Alcohol Sales

by Associated Press 8/15/2014 03:59 pm

A group pushing for expanded alcohol sales in Arkansas has submitted additional petitions to put its proposal on the November ballot.