Small Business

Picasolar Gets New Funding, Works to Scale Innovative Solar Cell
Picasolar CEO Douglas Hutchings displays one of the solar cells his company is developing as part of a federal intitiative.

Picasolar Gets New Funding, Works to Scale Innovative Solar Cell

Fresh off a new round of federal SunShot Initiative funding and a $1.2 million round of equity capital, Fayetteville's Picasolar will spend the next 10 to 12 months scaling its solar cells to meet the industry standard.
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Evaluating New Minimum Wage's Effects (Michael Pakko Commentary)

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level.
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Civik Connects Legislators, Constituents Through Targeted Surveys

Trent Atwood's Civik enables elected officials to use targeted questions, based on ZIP code or demographics, to survey constituents on specific issues.
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US Economy Grew at 3.9 Percent Rate in 3Q

The U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in more than a decade.
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No Daily Report, Morning Report or E-newsletters on Thursday, Friday

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday. read more >

North Carolina Likely To Join Legislative Push on Uber, Lyft

North Carolina has become an attractive market for smartphone-based car services such as Uber and Lyft, which are drawn to the state's mid-sized cities that have college students and young professionals but lack extensive mass transit. It's also one of many states where little regulation exists outside of traditional cab and limo services. read more >

Innovate 2 Educate Event Allows Students to Solve Problems

Students from eStem Public Charter High School in downtown Little Rock spent Friday morning pitching startup ideas designed to innovate the current educational model. read more >

Holiday Shopping By the Numbers

Even before the table is cleared and the dishes are washed, a good number of Americans will be abandoning the Thanksgiving feast for the shopping centers and big box retailers. The National Retail Federation's annual Holiday Consumer Spending Survey, conducted by Prosper Insights & Analytics, reports that the mood of consumers is a bit brighter this year, if spending plans are an indicator. read more >

Watson Furniture Gets New Lease on Life (NWA Real Deals)

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951. read more >

Red Lobsters Serve Up $8.4M Transaction (Real Deals)

ARCP RL Portfolio V LLC purchased the Red Lobster at 3707 McCain Blvd. in North Little Rock for $4.98 million. ARCP RL Portfolio VI LLC bought the Red Lobster at 8407 W. Markham St. in Little Rock for $3.44 million read more >

Fayetteville Anti-bias Ordinance Splits City, Chamber

On Dec. 9, Fayetteville voters will decide the fate of Ordinance 5703 — commonly known as Chapter 119 — which would prohibit discrimination in the workplace or in housing based on veteran status, sexual orientation, gender identity and socioeconomic background. read more >

DRA Investing $3.7M in Delta Projects

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola. read more >

GWI to Acquire Pinsley Shortline Rail in Arkansas

Genesee & Wyoming Inc. (GWI) has reached an agreement with Pinsly Railroad Co. to acquire Pinsly's subsidiaries in Arkansas for $40 million, GWI announced Thursday. read more >

Video: ARK Challenge Concludes Fourth Run in Little Rock

The ARK Challenge startup accelerator last week concluded its fourth installment, and first in Little Rock, with Demo Day presentations of company pitches held inside the Clinton Center's Great Hall. read more >

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