Today's News

Judge Dismisses Suit Against Wal-Mart Linked to Mexico Bribery Allegations

by Associated Press 2/27/2017 04:39 pm

A judge has dismissed a lawsuit that accused Wal-Mart's Mexico operations of misleading shareholders during an alleged bribery scheme.

Ouachita Electric, Today's Power Partner to Build Solar Array in South Arkansas

by Arkansas Business Staff 2/27/2017 02:35 pm

Ouachita Electric Cooperative of Camden announced on Monday that it has reached an agreement with Today's Power Inc., a wholly owned subsidiary of Little Rock-based Arkansas Electric Cooperatives Inc., to provide a one-megawatt solar array for the cooperative.

Tyson Foods CEO to Headline Economic Development Lunch

by Arkansas Business Staff 2/27/2017 10:56 am

Tom Hayes, president and CEO of Tyson Foods Inc. of Springdale, will headline the Arkansas Economic Development Foundation Luncheon on April 18 at the Statehouse Convention Center in Little Rock.

Leslie Rutledge Elected Vice Chairwoman of Republican AGs Group

by Associated Press 2/27/2017 10:39 am

Arkansas Attorney General Leslie Rutledge has been elected vice chairwoman of the Republican Attorneys General Association.

Tyson Foods Board Member Resigns

by Arkansas Business Staff 2/27/2017 10:19 am

Tyson Foods Inc. of Springdale says Brad Sauer is stepping down from its board of directors after nine years. His resignation is effective immediately.

Deltic Timber Names New CEO, Fires CFO

by Lance Turner 2/27/2017 10:10 am

Deltic Timber Corp. of El Dorado names John D. Enlow, formerly of Weyerhaeuser, as its new chief executive and revealed that it had fired its chief financial officer for misappropriating "certain Company assets for personal use."

Windstream, EarthLink Complete Merger

by Arkansas Business Staff 2/27/2017 08:44 am

Windstream Holdings Inc. of Little Rock completes its previously announced merger with EarthLink Holdings Corp. of Atlanta, after the both companies' shareholders approved the deal on Friday.

SPONSORED: Derrick Hamilton Creates Fun, Finds Success

by 2/27/2017 08:00 am

Throughout his adult life, there are two things of which Derrick Hamilton has always been certain and these have served as beacons when life was murky and the path to success clouded.

Wal-Mart Launches New Front in US Price War; Targets Aldi in Grocery Aisle

by Nandita Bose, Reuters 2/27/2017 07:48 am

Wal-Mart Stores Inc, is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. rivals like Kroger Co.

Ridout Lumber Sold to Illinois Distributor

by Arkansas Business Staff 2/27/2017 12:00 am

Ridout Lumber Co. of Searcy is no longer the state's largest family-owned after being acquired last month by US LBM of Buffalo Grove, Illinois.

Conlon Settlement Offers Small Payouts to John Rogers Investors

by Arkansas Business Staff 2/27/2017 12:00 am

An 11th-hour settlement spared Pulaski County Circuit Judge Chris Piazza from deciding how to divvy $1.5 million from last year's auction of the famed Conlon Collection, formerly owned by John Rogers

Richard Johns To Change Plea in Pill Mill Case

by Arkansas Business Staff 2/27/2017 12:00 am

Richard Johns, who has been fighting charges of operating a “pill mill” of fraudulent painkiller prescriptions, is now scheduled for a change of plea — presumably to guilty — on Thursday before U.S. District Judge Brian Miller.

Sentencing Set for Fort Smith Developer Brandon Woodrome

by Arkansas Business Staff 2/27/2017 12:00 am

Brandon Woodrome, the 29-year-old Fort Smith construction company owner, will be sentenced April 18 for one count each of bank fraud and wire fraud.

In Northwest Arkansas, Health Care Industry Building On the Boom

by Marty Cook 2/27/2017 12:00 am

The health care industry is expanding to keep up with northwest Arkansas' growing population, and it's not just construction companies that are benefiting.

Windstream, EarthLink Stockholders Approve Merger

by Arkansas Business Staff 2/24/2017 04:13 pm

Windstream Holdings Inc. of Little Rock announced Friday that its stockholders and EarthLink Holdings Corp. of Atlanta's stockholders approved on Friday the merger of the two companies.

ASU Trustees Approve Operations Agreement for New Campus in Mexico

by Arkansas Business Staff 2/24/2017 03:49 pm

The Arkansas State University Board of Trustees on Friday approved an updated 10-year collaboration agreement with a nonprofit partner of A-State that is building a $100 million, 800,000-SF campus in Queretaro, Mexico.

Nathaniel Todd Named Director of Arkansas Veterans' Agency

by Associated Press 2/24/2017 01:36 pm

Gov. Asa Hutchinson has named a new leader for the Arkansas Department of Veteran Affairs.

Here Are the Draft Rules for Medical Marijuana Dispensaries, Cultivators

by Lance Turner 2/24/2017 11:45 am

Final draft rules of the Arkansas Medical Marijuana Commission will be published in statewide newspapers starting tomorrow and running through Monday, Feb. 27, marking the start of the formal 30-day public comment period.

Home BancShares Completes Giant Holdings Inc. Buy

by Lance Turner 2/24/2017 10:42 am

Home BancShares Inc. of Conway said Friday that it has completed its previously announced acquisition of Giant Holdings Inc. of Fort Lauderdale, Florida.

CS&L to Change Name, Buy Hunt Telecom for $170M

by Lance Turner 2/24/2017 09:56 am

Communications Sales & Leasing Inc. of Little Rock announces another acquisition and said it will change its name to Uniti Group Inc. effective Monday.