Today's News

#HB1228 Tests LGBT Economic Argument (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 3/29/2015 04:41 pm

How the "Religious Freedom Restoration Act" is testing an effort by gay rights supporters to turn the fight over anti-discrimination laws and same-sex marriage into a financial debate, not a social one.

Indiana Officials Look to Stem Fallout From Religious Objections Law

by Associated Press 3/27/2015 04:38 pm

The heat over Indiana's new religious objections law spread Friday across social media and to the White House as many local officials and business groups around the state tried to jump in and stem the fallout.

Apple CEO Tim Cook Joins in Chorus Against Religious Protection Bill

by Lance Turner 3/27/2015 01:59 pm

Arkansas is starting to hear from civil rights leaders and the CEOs if prominent tech firms about HB1228, a religious protection bill that was approved in the state Senate this afternoon and now heads back to the House.

Arkansas Senate Approves Religious Protection Bill

by Andrew DeMillo, The Associated Press 3/27/2015 01:46 pm

The Arkansas Senate has passed a bill aimed at preventing the government from infringing upon someone's religious beliefs, a measure that critics say would be a blank check for businesses to discriminate against gays and lesbians.

Today Is Final Day for Arkansas Business 40 Under 40 Nominations

by Arkansas Business Staff 3/27/2015 11:49 am

Today is the final day for readers to make nominations for Arkansas Business' annual 40 Under 40 feature.

US Economic Growth Might Be Mild, But It's Also Really Durable

by Associated Press 3/27/2015 11:45 am

The U.S. economy's tepid performance last quarter — a 2.2 percent annual growth rate, the government said Friday — was typical of the economic rebound that began in the summer of 2009.

PAM Executives Got Pay Bumps After Profitable 2014

by Marty Cook 3/27/2015 10:33 am

President and CEO Dan Cushman received total compensation of $1.38 million in 2014, according to a proxy statement filed with the SEC. Cushman made $720,034 in 2013. The pay increase came after a year in which PAM posted net income of $13.5 million, an increase of 129 percent from 2013.

Arkansas Jobless Rate Down to 5.5 Percent

by Arkansas Business Staff 3/27/2015 09:47 am

The state's unemployment rate fell to 5.5 percent in February, down a tenth of a percentage point from January, according to data released Friday by the state Department of Workforce Services.

Arkansas Senate Backs Ban on 'Re-Homing' Adoptees

by Andrew DeMillo, The Associated Press 3/27/2015 07:48 am

The Arkansas Senate unanimously approved measures Thursday banning the informal transfer of adopted children known as "re-homing."

Arkansas Lawmaker Urges Ban on California Wine Over Egg Law

by Associated Press 3/27/2015 07:29 am

An Arkansas lawmaker said Wednesday that the state should ban California wine as retribution for the West Coast state's law requiring egg-laying hens to be able to stand up, turn around and fully extend their wings.

I.O. Metro Names John Erdos New CEO

by Marty Cook 3/26/2015 04:03 pm

I.O. Metro of Lowell named John Erdos CEO and announced that some of the company's operations would relocate to Dallas this summer.

Asa Hutchinson: No Room for More Tax Cuts

by Associated Press 3/26/2015 02:33 pm

Arkansas Gov. Asa Hutchinson says there's no room in his proposed budget for additional tax cuts, despite a renewed push to find funding for an exemption for military veterans.

Asa Hutchinson Says He'd Sign Religious Protection Bill

by Andrew DeMillo, The Associated Press 3/26/2015 11:40 am

Arkansas Gov. Asa Hutchinson says he would sign into law a religious protection measure that opponents have said would open the door to state-sanctioned discrimination against gays and lesbians.

Asa Hutchinson Names Mike Preston as New AEDC Director

by Arkansas Business Staff 3/26/2015 10:58 am

Gov. Asa Hutchinson on Thursday announced Mike Preston as the new executive director of the Arkansas Economic Development Commission. Preston previously served as director of government relations for Enterprise Florida.

Windstream Board Gives Final Approval for REIT

by Sean Beherec 3/26/2015 10:09 am

The company said that the board's decision to spin off certain network assets into the new company, Communications Sales & Leasing Inc., will also result in a prorated cash dividend upon its closing.

Incentives Boost Pay for Bank of the Ozarks' Executives

by Lance Turner 3/26/2015 09:32 am

Each of Bank of the Ozarks Inc.'s named executive officers saw increases in total compensation in fiscal 2014, according to a proxy filed Thursday with the U.S. Securities and Exchange Commission.

Arkansas Senate OKs Ten Commandments Monument

by Andrew DeMillo, The Associated Press 3/26/2015 06:58 am

The Arkansas Senate voted Wednesday to allow a Ten Commandments display to be built near the Capitol, a move the lawmaker has called a nod to history but critics have said would amount to the state endorsing religion.

Asa Hutchinson Says Advocacy Group to Pay $25,000 for DHS Review

by Allen Reed, The Associated Press 3/26/2015 06:52 am

A national advocacy group has pledged $25,000 to pay for an independent review of Arkansas' human services agency following revelations that a lawmaker gave his adopted daughter to a man who later sexually abused her, Gov. Asa Hutchinson's office said Wednesday.

2 Murphy USA Executives See Total Compensation Rise

by Lance Turner 3/25/2015 03:15 pm

Two top executives at Murphy USA Inc. of El Dorado received boosts to total compensation in 2014, according to the company's proxy filed Thursday with the U.S. Securities and Exchange Commission.

Arkansas House Members Approve Capital Gains Tax Break

by Associated Press 3/25/2015 03:05 pm

Arkansas House members have passed a bill to restore a capital gains tax break that had been reduced to help pay for a middle class income tax cut proposed by Gov. Asa Hutchinson.