Media & Marketing Archive

NY Post Reports Alice Walton Might Be Buyer of $70M Penthouse

by Mark Friedman 4/4/2014 11:06 am

The NY Post reported Thursday that Alice Walton, the daughter of Sam Walton and founder of Bentonville's Crystal Bridges Museum of American Art, is rumored to be the mystery buyer of the $70 million, "Jewel of Fifth Avenue," the most expensive co-op in New York's history.

Dave Elswick, Bob Steel, Jack Heinritz All Out at KARN

by Gwen Moritz 4/4/2014 10:51 am

On-air personalities Dave Elswick and Bob Steel and News Director Jack Heinritz were terminated Thursday by KARN-FM/AM, 102.9/920, the Little Rock talk-radio station. The shakeup was apparently ordered by corporate owner Cumulus Media of Atlanta.

Video: High School Startup Weekend Kicks Off in LR

by Mark Carter 4/4/2014 09:04 am

The first-ever High School Startup Weekend will be held Friday through Sunday from the University of Arkansas Clinton School of Public Service in Little Rock.

US Employers Add 192k Jobs; Rate Stays at 6.7 Percent

by Associated Press 4/4/2014 08:50 am

U.S. employers added jobs at a solid pace in March and hired more in January and February than previously thought. Friday's government report sent a reassuring signal that the economy withstood a harsh winter that had slowed growth.

Arkansas Grown Push Aims to Connect Farmers, Buyers

by Lee Hogan 4/3/2014 11:08 am

The Arkansas Agriculture Department is working to bring more attention to its Arkansas Grown program in an effort to connect local farmers with consumers.

Author Charles Portis to be Honored in Little Rock

by Associated Press 4/3/2014 10:17 am

"True Grit" author Charles Portis is being honored at a ceremony at the Arkansas Governor's Mansion.

Little Rock's Robinson Theater to Host 'Devil's Knot' Premiere

by Lance Turner 3/31/2014 12:59 pm

The new Ron Robinson Theater in downtown Little Rock will host the U.S. premiere of a new film, "Devil's Knot," based on the West Memphis Three case.

Flashbacks of Arkansas Business' First 30 Years (Editor's Note)

by Gwen Moritz 3/31/2014 12:00 am

To celebrate Arkansas Business' 30th anniversary, the staff decided to pull out and reprint some of the stories that we felt were the most important, the most interesting and the most fun. Arkansas Business is still reporting on the state economic scene with business executives as its readership, sticking to its mission of providing the revealing, memorable and important business news available in Arkansas.

Sam's Show: The Spectacle of Wal-Mart's 1988 Shareholders' Meeting

by George Waldon 3/31/2014 12:00 am

Standing here in northwest Arkansas amid the appreciative gathering with sky blue “What's Important Is You” banners hanging from the rafters and scoreboard, the messes is clear: God, America, Wal-Mart. Welcome to the pageantry and spectacle of Sam Walton's capitalism rally — the 1988 Wal-Mart Shareholders' Meeting — touted as the largest shareholders' meeting in America, if not the world.

Oily Deals: Pattern Emerging in Questionable Arkoma Gas Transactions

by Wythe Walker Jr. and David F. Kern 3/31/2014 12:00 am

Jerry Jones has always pleaded innocent in the controversial 1982 Arkla-Arkoma gas deal, a deal worth at least $174.8 million when the final numbers were tallied last fall. This January, a ratepayers' class-action suit declared the deal an insider's rip-off for Arkansas gas consumers who got stuck with an $80 million overcharge bill that went straight into Jones' bulging bank account.

6-Inch Error in Laying Concrete Puts Alltel Arena Project Behind Schedule

by David Smith 3/31/2014 12:00 am

Construction on Alltel Arena is more than a month behind schedule because of an error in geometric calculations by the concrete contractor, the senior project manager for the $53 million construction job says.

Despite Name, Arkansas Casino Corp. Operator Closely Tied to Texas, Idaho

by Michael Whiteley and Mark Friedman 3/31/2014 12:00 am

As an officer of Arkansas Casino Corp., the Dallas civil trial attorney feared that what happened in 1998 would happen again. That year, the company failed to round up enough signatures to put an initiative before the voters that would allow it to operate six casinos in Arkansas as well as pave the way for a state-run lottery and legalize charitable bingo.

1979 Crash Hurried Magic Mart's End

by Jack Whitsett 3/31/2014 12:00 am

It's easy to forget now, but Wal-Mart wasn't always the dominant discount retailer in the world. As late as 1979, the Bentonville chain arguably wasn't even the dominant Arkansas discounter. That effectively changed the morning of Friday, Dec. 21, 1979, when a Cessna 421 twin-engine plane carrying three vice presidents of Sterling Stores Inc. slammed into a fog-covered hill 4 miles southwest of Locust Grove, near Batesville.

10 Years After the War: Is the Arkansas Democrat-Gazette Really ‘The Best of Both'?

by Lance Turner 3/31/2014 12:00 am

On Oct. 19, 1991, the newly christened Arkansas Democrat-Gazette landed on doorsteps and in the newspaper boxes of the state's new media landscape. Having whipped its nemesis, the Democrat-Gazette pushed ahead, working to take in advertising dollars left homeless when the Gazette collapsed and selling the mantra, “The Best of Both.”

Andrew Kilgore: Portraits in Black and White

by Arkansas Business Staff 3/31/2014 12:00 am

Beginning with the last issue of 1984 and continuing into 1988, Andrew Kilgore photographed business legends and up-and-comers for the cover of Arkansas Business.

15 Years Later, Shocking Markle Murder-Suicide Case Fades From View

by Gwen Moritz 3/31/2014 12:00 am

But as the 15th anniversary of the deaths of John, Christina, Amy and Suzanne Markle nears, the only lingering attention comes from a handful of conspiracy theorists who insinuate — but never quite allege — that Bill Clinton or Jack and Witt Stephens may have been involved in the annihilation of the prosperous Little Rock family.

John Glasgow to Dillard's: ‘Call Off the Dogs'

by Gwen Moritz 3/31/2014 12:00 am

The relationship between the management of CDI Contractors LLC of Little Rock and half-owner Dillard's Inc. was under tremendous stress in the days before CDI's chief financial officer disappeared on Jan. 28.

Former Theater Owner Tony Rand, Five Sons Guilty of $110 Million in Scams

by George Waldon 3/31/2014 12:00 am

A nearly seven-year stretch in prison apparently served only to inspire a vastly larger interstate scheme from Texas. This gambit involved Tony Rand, now 70, and his five sons swindling hundreds of oil and gas investors of more than $110 million. Some suspect their schemes at times resembled a plot line in a zany 1968 movie “The Producers.”

Tony Rand's First Fraud

by Arkansas Business Staff 3/31/2014 12:00 am

Before he began a oil fraud with his sons that culminated with a 2009 indictment, Tony Rand churned $17 million through his Rand Theatres operation to feed his family's taste for the good life.

An Interview with Alice Walton: Crystal Bridges An Expression of Love

by Jan Cottingham 3/31/2014 12:00 am

Articles about Alice Walton and Crystal Bridges Museum of American Art have tended to focus on big numbers: an $800 million endowment, hundreds of millions of dollars worth of artwork, 200,000 SF of museum space, 250,000 visitors expected to visit the Bentonville showplace yearly. What the stories haven't done is explain why Walton, the only daughter of Wal-Mart founder Sam Walton, chose art as her way to give not just to northwest Arkansas but to the entire world.