Today's News

State Higher Ed Board OKs Osteopathic School at Arkansas State

by Arkansas Business Staff 7/25/2014 01:42 pm

The Arkansas Higher Education Coordinating Board grants the New York Institute of Technology certification for an additional osteopathic medical school site on the Arkansas State University campus in Jonesboro.

Mark Pryor Pitches Jobs Legislation

by Associated Press 7/25/2014 01:35 pm

Democratic U.S. Sen. Mark Pryor is sponsoring legislation to limit tax breaks for companies that move operations overseas and to require most publicly financed projects to use American-made steel and iron as he faces a tough re-election fight.

Groups See Competitive Threat In Tyson Foods' Deal for Hillshire

by Marty Cook 7/25/2014 01:20 pm

A coalition of 82 farm, consumer and community groups urged the U.S. Justice Department to extend its antitrust division's review of Tyson Foods Inc.'s $8.55 billion deal to acquire Hillshire Brands Co. of Chicago.

Arkansas Prison Board Seeks Proposals for New Prison

by Associated Press 7/25/2014 11:43 am

The Arkansas Board of Corrections is asking for proposals from communities interested in hosting a new, 1,000-bed state prison.

Arkansas Prison Board Dedicating New Academy

by Associated Press 7/25/2014 10:13 am

The Arkansas Board of Corrections is marking the opening of a newly remodeled training academy in central Arkansas.

Organizers Gearing Up for First Fort Smith Marathon

by Associated Press 7/25/2014 10:11 am

The course will begin and end downtown, winding through several city streets in between. The idea has been floating around for several years but organizer Jeremy Smith says it's recently gained more support from city leaders and the mayor.

Brandon Barber Should Serve About 20 Years, Feds Say

by Arkansas Business Staff 7/25/2014 08:52 am

Brandon Barber's day of reckoning approaches — he's scheduled for sentencing in Fort Smith on Aug. 13 — and federal prosecutors think the bankrupt northwest Arkansas real estate developer should spend a very, very long time in prison.

Report: Adding Vision, Dental Would Cost $43M

by Associated Press 7/25/2014 07:32 am

Adding dental and vision coverage to Arkansas' compromise Medicaid expansion would cost nearly $43 million, according to a report released Thursday, but state officials said they're not looking at expanding the program's benefits.

FCC Approves Sinclair's $1B Deal to Buy Allbritton TV Stations, Including KATV

by Lance Turner 7/24/2014 05:55 pm

Reuters and others are reporting that Sinclair Broadcast Group's $985 million deal to buy TV stations owned by Allbritton Communication has been approved by the FCC.

Maverick Transportation Opens $4M Driving Training Center

by Marty Cook 7/24/2014 02:22 pm

Arkansas Gov. Mike Beebe was on hand as Maverick Transportation LLC of North Little Rock opened its $4 million driver training center on Thursday.

Aurora Digital Signage Partners with Verizon for Internet Coverage

by Arkansas Business Staff 7/24/2014 01:36 pm

The partnership with Verizon will enable Aurora clients to use the Verizon Wireless network to power their digital signage and eliminate the need to run internal cables.

Pulaski County Jail Reopens For First Time Since July 1

by Associated Press 7/24/2014 09:08 am

Pulaski County Sheriff's Office Lt. Carl Minden says the jail reopened at 6 a.m. Thursday. The jail had been closed since July 1, after its population rose to 1,281 inmates.

Bill Simon Stepping Down As Leader of Wal-Mart's U.S. Stores

by Lance Turner 7/24/2014 07:56 am

Wal-Mart Stores Inc. of Bentonville says Bill Simon, president and CEO of its U.S. stores, is leaving the company. The retailer named Greg Foran, 53, as his successor. Simon had been the leader of Wal-Mart's domestic operations since June 2010. Foran takes over on Aug. 9.

Deltic Timber 2Q Net Down Against One-Time Gains

by Arkansas Business Staff 7/23/2014 04:52 pm

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year.

Federal Disaster Declarations Made for 10 Counties

by Associated Press 7/23/2014 04:16 pm

U.S. Secretary of Agriculture Tom Vilsack has made disaster declarations for farmers and ranchers in 10 Arkansas counties who suffered losses due to storms that began in the affected areas June 29.

Josh Moody's Overwatch App Ready to Hit Market

by Mark Carter 7/23/2014 03:38 pm

Gamers can expect to see the free Overwatch combat gaming app in the iTunes store within a couple of weeks, Overwatch CEO Josh Moody told his 1 Million Cups audience Wednesday in Little Rock.

US Mint Unveils Marshals Museum Coin Designs

by Associated Press 7/23/2014 01:54 pm

The U.S. Mint has unveiled the designs of the three commemorative coins that will be sold next year to raise money for a planned $50 million U.S. Marshals Museum in western Arkansas.

Mo Money, Uber Problems (Robert Coon On Politics)

by Robert Coon 7/23/2014 01:10 pm

Ride-sharing companies like Uber and Lyft have become the apps of choice for tech-savvy travelers in cities across the country – and worldwide. But as the companies have increased in popularity, opposition has grown as well. With Uber and Lyft currently looking at entering the Little Rock market, will our local officials embrace them or slam the door?

Arkansas Venture Center Names Operations Team

by Mark Carter 7/23/2014 10:56 am

Joining AVC co-founder, president and CEO Lee Watson on staff are Caroline Ford as director of communications and development and Marshal Kenneday as director of operations. AVC was founded in 2013 and officially launched in May with a $500,000 matching grant from the state. It serves local entrepreneurs with nationally recognized networking and mentorship programs.

Green Bay Packaging to Spend $30M for New Equipment at Morrilton Plant

by Arkansas Business Staff 7/23/2014 10:18 am

Green Bay Packaging Inc. of Green Bay, Wisconsin, says it will spend $30 million to upgrade equipment, which it says will increase efficiency and production at its Arkansas Kraft Division plant in Morrilton.