Small Business Archive

Annual US Worker Pay Gains Rose at Fastest Pace Since 2008

by Associated Press 7/31/2018 11:50 am

U.S. workers saw their annual wages and benefits rise in the second quarter at the fastest pace in nearly a decade, a sign that the low unemployment rate is forcing employers to raise pay to attract and keep workers.

Consumer Spending Up Solid 0.4 Percent in June

by Associated Press 7/31/2018 11:46 am

Consumer spending rose by a solid 0.4 percent in June, while a key gauge of inflation increased at an annual pace of 2.2 percent for a second straight month — the strongest back-to-back gains in six years.

Decades-old Arkansas Barber Shop Threatened by New Overpass

by Associated Press 7/30/2018 06:54 am

Four generations of men and boys visit the City Barber Shop in Jonesboro regularly, but its owner says he may not be able to keep the business after planned construction of a railroad overpass disrupts traffic.

Hard Work Keeps Core Brewing from Going Belly Up in Crowded Market

by Arkansas Business Staff 7/30/2018 12:00 am

The founder of Core Brewing & Distilling Co. discusses how the “grit” instilled by a tough childhood inspired his success.

Fayetteville's John Xia Under Indiana Injunction

by Arkansas Business Staff 7/23/2018 12:00 am

An Indiana diagnostic company has a long memory and had asked in Washington County Circuit Court for an injunction to be enforced against a former employee who now lives in Fayetteville.

Branch Banks' Death Rumors Are Exaggerated

by Gwen Moritz 7/23/2018 12:00 am

In Arkansas, the number of new bank offices appears to have popped up in the past 12 months after a decade in which the count declined by more than 10 percent.

Medical Device Awaits Funding, FDA Approval

by Mark Friedman 7/23/2018 12:00 am

Spencer Jones hopes that it won't be long before the Food & Drug Administration approves his medical device allowing an IV line to break away easily under tension and snap shut, preventing complete IV failure.

401(k)s & Bipartisanship (Editorial)

by Arkansas Business Editors 7/23/2018 12:00 am

The Retirement Enhancement & Savings Act of 2018, seeks to encourage further employee participation in 401(k) and similar plans, the increasingly important vehicles through which people save for retirement.

Town & Country Shopping Center Sold For $3.8M

by Arkansas Business Staff 7/19/2018 10:17 am

The Town & Country shopping center changed owners in a $3.8 million transaction that closed Monday.

TeleComp Moving to Larger Office, Will Create 10 New Jobs

by Sarah Campbell-Miller 7/18/2018 04:31 pm

TeleComp Holdings Inc. of Bentonville will move into the top floor of a standalone two-story building being constructed off Interstate 49 in Rogers, and it plans to add 10 full-time, salaried positions by 2019.

FIS, State Will Sponsor FinTech Accelerator for Another Year

by Sarah Campbell-Miller 7/18/2018 03:20 pm

Global financial services company FIS of Jacksonville, Florida, and Gov. Asa Hutchinson say they will sponsor the VC FinTech Accelerator for another year.

Adult Day Care: Niche Offers Option to Home Care

by Kyle Massey 7/16/2018 12:00 am

With $8 billion in annual revenue nationwide, and more than 200,000 employees at about 15,000 care facilities, the adult day care industry is competing against other forms of senior assistance.

Rejuvenix Ready to Reduce Cancer Side Effects

by Sarah Campbell-Miller 7/16/2018 12:00 am

Rejuvenix Technologies LLC of Perryville has patented a technology that aims to reduce side effects for cancer patients undergoing chemotherapy treatment by delivering drugs directly to tumors.

CEOs Aren't Talking to Customers (Jim Karrh On Marketing)

by Jim Karrh 7/16/2018 12:00 am

Given the truth that CEOs are ultimately responsible for the growth of the enterprise, one detail stands out: “Most of our CEOs were dismayed to discover how little time they spent with their customers — just 3% on average.”

Stacy Leeds Named UA Vice Chancellor for Economic Development

by Arkansas Business Staff 7/11/2018 11:17 am

Stacy Leeds, a former dean of the University of Arkansas School of Law, has been appointed vice chancellor for economic development. And Chris McCoy has been appointed vice chancellor for finance and administration.

SPONSORED: The Re-emergence Of The American Downtown

by 7/10/2018 09:09 am

Residents and businesses are rediscovering the authenticity and character of once-abandoned city centers.

Arkansas Liquor Stores See Sales Fall 5.5 Percent Since Grocery Wine Expansion

by Jan Cottingham 7/9/2018 09:36 am

Liquor stores throughout Arkansas have seen total sales fall an average of 5.5 percent since expanded sales of wine in grocery stores went into effect Oct. 1, according to a report released Monday.

Benton, Craighead Counties Top Arkansas List of Incoming Investments

by Arkansas Business Staff 7/9/2018 12:00 am

SmartAsset, a financial technology company based in New York, considered a number of factors to create its listing of the counties in Arkansas that have the most incoming investments

Grocery Sales of Wine Hit Liquor Stores

by Jan Cottingham 7/9/2018 12:00 am

Expanded wine offerings have taken a toll on sales at the state's package liquor stores.

Mayor Harold Perrin on Why Other Communities Are Trying to Keep Up With Jonesboro

by Arkansas Business Staff 7/9/2018 12:00 am

Harold Perrin, mayor of Jonesboro, talks about the blessings of steady growth, and some of the challenges that come with it.