Today's News

Black Hills Corp. Completes Purchase of SourceGas Holdings

by Associated Press 2/12/2016 11:53 am

South Dakota-based Black Hills Corp. says it has completed its purchase of Colorado-based SourceGas Holdings.

US Stocks Higher Midday as Oil Rebounds, Banks Rise

by Associated Press 2/12/2016 11:49 am

A strong rebound in oil prices and a government report indicating that retail sales improved last month helped lift U.S. stocks sharply higher in midday trading Friday.

US Retail Sales Rise as Consumers Shrug Off Stock Price Drop

by Associated Press 2/12/2016 11:47 am

U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite sharp drops in stock prices.

Report: Jonesboro Weathered Recession Well, Leads State in Job Growth

by George Jared 2/12/2016 08:54 am

The Great Recession caused millions of workers nationwide to lose their jobs in 2008 and afterward, and thousands of those losses were in Arkansas. Jonesboro, however, fared much better than other Arkansas cities during the economic downturn, and its job growth continues to be a standard-bearer in the Natural State.

Lawyer Appeals Ethics Panel's Decision on Arkansas Treasurer

by Associated Press 2/11/2016 03:56 pm

Little Rock attorney Matt Campbell has filed a circuit court petition challenging the Arkansas Ethics Commission's recent decision on a complaint he filed against Arkansas Treasurer Dennis Milligan.

US Stocks Fall for 4th Straight Day; Dow Down 254 Points

by Associated Press 2/11/2016 03:19 pm

U.S. stocks fell for the fourth day in a row as concerns about global economic weakness intensified, even as Federal Reserve Chair Janet Yellen reiterated her confidence in the U.S. economy. The Dow Jones industrial average fell 254 points, or 1.6 percent, to close at 15,660.

Windstream Adds Jeannie Diefenderfer, Larry Laque to Board

by Arkansas Business Staff 2/11/2016 02:03 pm

Diefenderfer and Laque qualify as independent board members under Nasdaq-listing requirements. Diefenderfer will serve on the board's governance committee while Laque will serve on the audit committee, according to company officials.

Kerr Urging Military Members to Buy Renter's Insurance

by Associated Press 2/11/2016 01:54 pm

The state's insurance commissioner says members of the military stationed in Arkansas should consider buying renter's insurance because the Basic Allowance for Housing no longer covers it.

Jacksonville Mayor: Millage Vote a 'Game Changer'

by Mark Carter 2/11/2016 10:51 am

Jacksonville's new high school should be open by the fall 2019, thanks to voters who on Tuesday approved a 7.6 mill property tax increase to fund facilities.

Terry Walker Named Director of Arkansas State Plant Board

by Arkansas Business Staff 2/11/2016 10:48 am

Gov. Asa Hutchinson has appointed Terry Walker as Director of the Arkansas State Plant Board (ASPB), a division of the Arkansas Agriculture Department, as of January 16, 2016. Walker has been employed with the ASPB for 13 years and is a graduate of the University of Arkansas.

Glo Airlines Adds Direct Flights from Little Rock to Destin

by Arkansas Business Staff 2/11/2016 10:23 am

Regional air service provider Glo of New Orleans announced Thursday it will expand its non-stop service from Little Rock to to Florida's Emerald Coast.

Tech Park Talks Timeline with KATV; Mary Good to Step Down

by Mark Carter 2/11/2016 08:55 am

Sinclair Broadcasting will need at least three years to move its Little Rock ABC affiliate, KATV Channel 7, from its building at Main and Fourth, Little Rock Technology Park Director Brent Birch told board members Wednesday.

Northwest Arkansas Makes Lonely Planet's Best in US List

by Alexis Hosticka 2/10/2016 11:42 am

Northwest Arkansas was named No. 7 on the Best in the U.S. list by Lonely Planet travel media company on Tuesday.

Yellen: Slower Rate Hikes On Tap If Economy Disappoints

by Associated Press 2/10/2016 11:37 am

Federal Reserve Chair Janet Yellen said the U.S. economy faces a number of global threats that could hamper growth and compel the Fed to slow the pace of future interest rate hikes.

NRF Forecasts Retail Sales Growth of 3.1 Percent in 2016

by Associated Press 2/10/2016 11:34 am

The National Retail Federation is forecasting retail spending growth of 3.1 percent in 2016, a slowdown from the group's annual estimate a year ago.

Most ATBI Cities See Improvement in November

by Arkansas Business Staff 2/10/2016 10:17 am

Fourteen of the 18 municipalities tracked by the Arkansas Tech Business Index saw their index ratings increase in November.

Innovation Hub to Host Accelerator for Students

by Arkansas Business Staff 2/10/2016 10:03 am

The Arkansas Regional Innovation Hub and Junior Achievement of Arkansas on Wednesday announced the launch of HubX—NextGen, an entrepreneurial development program for high school students.

Opposition Led by Tom Cotton Takes Aim at Criminal Justice Overhaul

by Associated Press 2/10/2016 07:06 am

A handful of Senate Republicans dealt a severe blow to an overhaul of the criminal justice system in Congress, with U.S. Sen. Tom Cotton calling the legislation "a massive social experiment in criminal leniency."

Leslie Rutledge: Ruling to Block Clean Power Plan Is Good News

by Associated Press 2/10/2016 07:03 am

Arkansas Attorney General Leslie Rutledge says the U.S. Supreme Court's decision to temporarily block President Barack Obama's plan to cut power plant emissions is good news. Arkansas is one of 27 states suing to halt implementation of the Clean Power Plan.

Dennis Milligan Calls Police After Scuffle with Attorney

by Associated Press 2/10/2016 07:01 am

Arkansas Treasurer Dennis Milligan says he will seek charges against an attorney for a former employee after he and the attorney had a physical altercation.