Investments

Jeff Amerine: 'Open Innovation' Model Can Work for Entire State

Jeff Amerine: 'Open Innovation' Model Can Work for Entire State
Innovate Arkansas adviser Jeff Amerine (left) leads a discussion on open innovation from the Argenta Community Theater.

Jeff Amerine, an IA adviser and founder of Startup Junkie Consulting in Fayetteville, told a gathering of the state's entrepreneurship and innovation movers and shakers Thursday that an "open innovation" model can work for Arkansas.
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John James Wants to Turn Old Post Office into Startup Hub

John James, the Acumen Brands founder who now focuses most of his time on launching Hayseed Ventures in Fayetteville, has a vision for the historic Old Post Office building that anchors the Fayetteville downtown square.
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Big Companies, Big Revenue: 75 Largest Private Companies in Arkansas Bring In $32.8B

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $32.8 billion in their most recent fiscal years, up nearly 7 percent in a year.
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Future of Allied Bank Could Be Decided by June Ruling in Acme Case

Three of the largest creditors of Acme Holding Co. recently submitted briefs in support of converting the bank holding company's Chapter 11 reorganization to Chapter 7 liquidation. read more >

Vacancy Rate Declines in Central Arkansas Office Space

The vacancy rate for office space in central Arkansas continued its decline in the first quarter of 2015, falling to 8.4 percent compared with 8.8 percent in fourth-quarter 2014 and 11.1 percent in the year-earlier quarter, first-quarter 2014, according to the Central Arkansas Commercial Data Exchange. read more >

Wal-Mart Presses Meat Suppliers on Antibiotics, Animal Treatment

Wal-Mart, the nation's largest food retailer, is urging its thousands of U.S. suppliers to curb the use of antibiotics in farm animals and improve treatment of them. read more >

America's Car-Mart Reports Increases in Profit, Sales for Year

America's Car-Mart Inc. of Bentonville reported income of $29.5 million for the fiscal year 2015, an increase of nearly 40 percent from 2014. read more >

Update: Vadim Perelman Resigns from USA Truck Board of Directors

Vadim Perelman resigned as a member of the board of directors at USA Truck Inc. of Van Buren after his investment group divested itself of the 1.4 million shares it had owned in the trucking company. read more >

Arkansas Business Hall of Fame Seeks Nominations

The selection committee for the Arkansas Business Hall of Fame is now accepting nominations for the 2016 class of inductees. read more >

Acxiom Corp. Sells IT Business for $190M, Previews 4Q Earnings

Acxiom Corp. of Little Rock on Wednesday said it has entered into an agreement to sell its IT Infrastructure Management business for "total cash consideration of up to $190 million" to two private equity firms. It also reported preliminary fourth-quarter earnings. read more >

5 Global Banks Fined More Than $5B, to Plead Guilty to Market Rigging

A group of global banks will pay more than $5 billion in penalties and plead guilty to rigging the world's currency market. read more >

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal. read more >

Pay Raises, Online Spending Push Wal-Mart's 1Q Results Lower

Wal-Mart Stores Inc. of Bentonville missed analysts' expectations and reported first-quarter net income down nearly 7 percent as the retailer gave raises to employees, invested in e-commerce and endured the effects of currency fluctuations. read more >

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