Today's News

Roger Jenkins' Pay as Murphy CEO Bubbles Up to $13.4M

by Kyle Massey 3/22/2019 03:38 pm

Murphy Oil Corp. CEO Roger W. Jenkins stayed at No. 2 among the best-paid officers at Arkansas' public companies, earning nearly $13.4 million last year.

US Existing-Home Sales Jumped 11.8 Percent in February

by Associated Press 3/22/2019 10:50 am

U.S. home sales soared 11.8 percent in February, aided by accelerating wages and falling mortgage rates that are improving affordability.

Arkansas Unemployment Rises to 3.8 Percent in February

by Sarah Campbell-Miller 3/22/2019 10:36 am

Arkansas' unemployment rate in February was 3.8 percent, up one-tenth of a percentage point from the previous month.

Co-Founders of theSkimm, Arkansas Execs Headline Soirée Women's Leadership Symposium

by Arkansas Business Staff 3/22/2019 10:19 am

Little Rock Soirée will host its inaugural Women's Leadership Symposium on May 16 at the DoubleTree Hotel in downtown Little Rock.

Tyson Foods Recalls Chicken Strips Due to Metal Fears

by Associated Press 3/22/2019 06:44 am

Tyson Foods Inc. of Springdale is recalling more than 69,000 pounds of frozen, ready-to-eat chicken strips because they may be contaminated with pieces of metal.

Little Rock Mayor Picks Keith Humphrey as New Police Chief

by Associated Press 3/22/2019 06:41 am

Little Rock Mayor Frank Scott has chosen Keith Humphrey, the Norman, Oklahoma, police chief and former chief of Lancaster, Texas, as the city's new chief of police.

Oaklawn, Southland Casino Licenses to Be Considered Saturday

by Associated Press 3/21/2019 11:52 am

Two Arkansas race tracks could be one step closer to being officially licensed for casino gambling at an upcoming state racing commission meeting.

PAM CEO's Salary Up, Overall Compensation Down

by Marty Cook 3/21/2019 10:46 am

President and CEO Dan Cushman of PAM Transport Inc. of Tontitown received a salary bump in 2018 but his overall compensation was lower than the year before.

Uniti Group Posts Earnings After Windstream Bankruptcy Caused Delay

by Sarah Campbell-Miller 3/21/2019 09:46 am

After a delay to assess the impact of Windstream Holdings Inc.'s Chapter 11 bankruptcy, Uniti Group Inc. of Little Rock released its fourth-quarter and full-year 2018 financial results on Wednesday.

Murphy Oil to Sell Malaysian Assets to Thailand Company for $2B

by Arkansas Business Staff 3/21/2019 07:14 am

Murphy Oil Corp. of El Dorado says that it will sell two of its Malaysian oil assets to PTT Exploration and Production Public Co. Ltd. of Thailand for $2.1 billion.

Bid to Strip Confederate Link From Arkansas Flag Fails Again

by Andrew DeMillo, The Associated Press 3/21/2019 06:39 am

An Arkansas House panel on Wednesday rejected for a second time a proposal to change the meaning of a star on the state's flag that represents the Confederacy, despite an endorsement from the Republican governor.

Arkansas Senate Approves Tobacco Tax Increases for Tax Cuts

by Andrew DeMillo, The Associated Press 3/20/2019 04:47 pm

The Arkansas Senate has narrowly approved a $100 million plan to raise taxes on tobacco and e-cigarettes to pay for a package of tax cuts for low- and middle-income residents.

Today's Power, Farmers Electric Partner in Solar Project

by Kyle Massey 3/20/2019 03:59 pm

Today's Power Inc. of Little Rock adds to its growing string of small utility-scale solar power projects around the state.

An Investor's Look at Medical Cannabis Opportunities in the Heartland (Erika Gee Commentary)

by Erika Gee 3/20/2019 01:07 pm

Erika Gee examines medical marijuana investment opportunities in Arkansas, Oklahoma and Missouri.

Federal Reserve Signals No Rate Hike in 2019

by Associated Press 3/20/2019 01:03 pm

The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases.

What's Rice? Under Arkansas Law, It's Not Cauliflower

by Kyle Massey 3/20/2019 11:32 am

Act 501 creates a fine for labeling any product as rice if it isn't a product of the swamp grass cultivated for grain around the world.

Survey: Top CEOs Report Weaker Economic Outlook for 1Q

by Associated Press 3/20/2019 11:03 am

Top U.S. CEOs are reporting that their economic outlook weakened in the first three months of the year although it remains above its historical average.

Nexstar to Sell KFSM to KTHV Owner Tegna

by Lance Turner 3/20/2019 10:53 am

Nexstar Media Group is selling its northwest Arkansas CBS affiliate KFSM-TV, Channel 5, to Tegna Inc.

Update: Intimidator Group Gets Its 1st International Distributor

by Arkansas Business Staff 3/20/2019 10:07 am

Intimidator Group of Batesville announces its first distribution agreement outside the United States, an exclusive partnership with Doyle's Wholesale of Ireland, an importer and distributor of garden, construction and outdoor power equipment.

Cromwell Architects Engineers Opens Springdale Office

by Sarah Campbell-Miller 3/20/2019 09:42 am

Cromwell Architects Engineers has opened a new satellite office at 109 West Emma Ave. in Springdale.