Today's News

Startup Airline Glo to File Bankruptcy Reorganization

by Lance Turner 4/24/2017 03:41 pm

Glo, a New Orleans startup public charter operator that offers flights at the Bill and Hillary Clinton National Airport, is filing for bankruptcy reorganization, according to published reports.

Wal-Mart's Store No. 8 Hires Jenny Fleiss as CEO

by Reuters 4/24/2017 03:23 pm

Wal-Mart Stores Inc. said its recently launched startup investment arm, Store No 8, has hired Jenny Fleiss as the chief executive of its first portfolio company.

Chris Weiser Named to National Manufacturing Board

by Arkansas Business Staff 4/24/2017 11:19 am

Chris Weiser, owner and CEO of J.V. Manufacturing in Springdale, is the first Arkansan to be appointed to the National Institute of Standards and Technology Manufacturing Extension Partnership Advisory Board.

Wal-Mart, Other Retailers Bet on Congress to Thwart Trump Border Tax

by Nandita Bose, Reuters 4/24/2017 07:02 am

Wal-Mart Stores Inc. and other retailers are shelving considerations to move supply bases closer to the United States in the face of a possible border tax, banking instead on killing support for the tax idea in Congress.

Arkansas Prepares for 1st Double Execution in US Since 2000

by Andrew DeMillo, The Associated Press 4/24/2017 06:57 am

Two condemned Arkansas killers who admit they're guilty but fear their poor health could lead to extreme pain during lethal injections set for Monday might become the first inmates put to death in a double execution in the U.S. in more than 16 years.

Higher Education Bubble Vexing for Arkansas Institutions

by Gwen Moritz 4/24/2017 12:00 am

Runaway inflation in the health care sector is obvious to every American family, but when a kid heads to college, this fact hits home: The consumer cost of higher education has inflated even faster over the past quarter-century.

State to Hear Final Presentations from Potential Parks & Tourism Promoters

by Arkansas Business Staff 4/24/2017 12:00 am

Presentations to be made by the three final advertising firms vying for the state's parks and tourism account, which used to be open to the public, will be closed this time.

Texas Roadhouse Sets Stakes Deep in the Heart of Benton

by Arkansas Business Staff 4/24/2017 12:00 am

Texas Roadhouse, the steakhouse restaurant company based in Louisville, Kentucky, is opening its new Benton location on July 17.

Ex-Hospital Execs Get Prison, Must Pay $6M in Restitution

by Associated Press 4/23/2017 06:52 pm

Two former hospital executives have been sentenced to three years in prison each and ordered to pay more than $6 million in restitution for not paying employment tax.

Former Arkansas US Rep. Jay Dickey Dies at 77

by Associated Press 4/21/2017 11:12 am

Former U.S. Rep. Jay Dickey has died at the age of 77. Dickey was the first Republican to be elected to his Pine Bluff-area district since Reconstruction.

Tyson Foods Names Justin Whitmore Chief Sustainability Officer

by Arkansas Business Staff 4/21/2017 11:03 am

Tyson Foods Inc. of Springdale names former McKinsey & Co. consultant Justin Whitmore to its newly created position of chief sustainability officer.

US Home Sales Shoot Up to 10-Year High

by Associated Press 4/21/2017 10:40 am

Americans purchased homes in March at the fastest pace in over a decade, a strong start to the traditional spring buying season.

Arkansas Unemployment Falls to Record Low 3.6 Percent

by Arkansas Business Staff 4/21/2017 10:36 am

Arkansas' unemployment record fell to another record low, dropping to 3.6 percent in March from 3.7 percent in February.

Wal-Mart CEO Doug McMillon Sees Compensation Rise in 2016

by Nandita Bose, Reuters 4/21/2017 07:30 am

Wal-Mart Stores Inc. chief executive officer received a 13 percent increase in total compensation to $22.4 million in the fiscal year ended Jan. 31.

Arkansas Conducts First Execution Since 2005, Plans 3 More

by Associated Press 4/21/2017 06:31 am

Arkansas carried out its first execution in nearly a dozen years despite a flurry of legal challenges that had spared three convicted killers.

Bear State 1Q Profit Up 48 Percent

by Lance Turner 4/20/2017 07:44 am

Bear State Financial Inc. of Little Rock reported Thursday first-quarter earnings of $4.9 million, up 48 percent from the same quarter last year.

As Mergers Continue, Home BancShares Sees 1Q Profit Rise

by Lance Turner 4/20/2017 07:31 am

Home BancShares Inc. of Conway reports first-quarter profit of $46.9 million, up 13 percent from the same quarter last year.

Arkansas Execution Plan Again Thrown Into Doubt

by Kelly P. Kissel and Jill Bleed, The Associated Press 4/20/2017 06:11 am

While the latest court rulings could be overturned, Arkansas now faces an uphill battle to execute any inmates before the end of April, when one of its lethal injection drugs expires.

KARK Hires New Reporter, Price McKeon

by Kyle Massey 4/19/2017 05:39 pm

Price McKeon, a Floridian by way of the University of Georgia and KOKI, Fox23 in Tulsa, Oklahoma, has hired on as reporter at KARK-TV in Little Rock.

USA Truck Names Jason Bates CFO

by Lance Turner 4/19/2017 04:12 pm

USA Truck Inc. of Van Buren hires Jason Bates as executive vice president and CFO, filling a post left vacant by James Reed, who became CEO in January.

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