Today's News

Hot Springs' Waters Hotel Joins Ascend Collection

by Arkansas Business Staff 5/23/2017 03:43 pm

The Ascend Hotel Collection by Choice Hotels International Inc. on Tuesday announced that The Waters at Hot Springs National Park would join the group of unique, boutique and historic independent hotels and resorts.

Corrugated Specialties of Fort Smith Buys Texas Plant

by Arkansas Business Staff 5/23/2017 12:54 pm

Corrugated Specialties of Fort Smith, a manufacturer of corrugated boxes and specialty packaging items, announced on Tuesday that it is purchasing Century Corrugated Container Corp of Kilgore, Texas.

Wal-Mart Expands Military Leave-Of-Absence Policy

by Associated Press 5/23/2017 11:24 am

Wal-Mart says it's expanding its military leave-of-absence policy by offering differential pay to all eligible employees who are on military assignments lasting more than three days.

UCA Hosts Boot Camp For Entrepreneurial Students

by Arkansas Business Staff 5/23/2017 09:56 am

The University of Central Arkansas, the Conductor and the University of Arkansas for Medical Sciences' BioVentures have teamed up this week to host a Health Sciences Entrepreneurship Boot Camp that ends Friday with a demo day and award presentation.

SPONSORED: Time to Consider A High-deductible Health Plan

by 5/23/2017 09:07 am

Flexibility of plans combined with Health Savings Accounts can provide savings for both employees and employers.

Stephens Inc. Launches Film Series On Heroes of Capitalism

by Kyle Massey 5/22/2017 04:47 pm

Stephens Inc. announced Monday that it has launched a multimedia series called “This Is Capitalism,” featuring short films on some of the heroes of capitalism in the United States, including Warren Stephens' father, Jackson T. Stephens.

Car-Mart Reports Higher Income, Lower Revenue for 4Q

by Arkansas Business Staff 5/22/2017 04:22 pm

America's Car-Mart Inc. of Bentonville on Monday reported fiscal 2017 fourth-quarter income of $5.2 million, up from $3.4 million it reported during the same quarter a year ago.

Tyson Foods Announces Collaboration On Conservation, Releases Report

by Arkansas Business Staff 5/22/2017 03:49 pm

Tyson Foods Inc. of Springdale on on Monday announced its collaboration with the World Resources Institute to develop industry leading, science-based greenhouse gas and outcome-based water conservation targets for its operations and the company's supply chain.

UA-Little Rock Adds Two to Leadership Team

by Arkansas Business Staff 5/22/2017 02:06 pm

Velmer S. Burton Jr. was hired as executive vice chancellor and provost, while Mark Allen Poisel will serve as UA-Little Rock's vice chancellor. Both start their jobs in July.

Developer: Jonesboro Hyatt Convention Center Moving Forward

by Sarah Campbell-Miller 5/22/2017 11:46 am

The $30 million Jonesboro Hyatt Place Hotel & Convention Center project has reached an agreement with contractors' that filed nearly $900,000 in liens against it and is working to have those released, Developer Chris Keller said in a May 19 letter to the city's Advertising and Promotion Commission.

Walton Family Foundation Awards $454.4M in Grants in 2016

by Sarah Campbell-Miller 5/22/2017 10:52 am

The Walton Family Foundation awarded $454.4 million in grants for K-12 education and environmental programs, home region and special projects in 2016, according to the nonprofit's annual report released on Monday.

Arkansas Women's Hall of Fame Inducts 10 for 2017 Class

by Arkansas Business Staff 5/22/2017 10:30 am

The Arkansas Women's Hall of Fame on Friday announced ten inductees to its third class, which includes three posthumous honorees and one organization.

AP Analysis: Few Avenues To Derail Asa Hutchinson's Re-election Bid

by Andrew DeMillo, Associated Press 5/22/2017 05:07 am

For a Republican once known for his repeated failures at winning statewide office, Gov. Asa Hutchinson faces one of the most favorable landscapes possible in the 2018 election.

Arkansas Blue Cross & Blue Shield Tops Big Private Companies List

by Gwen Moritz 5/22/2017 12:00 am

Arkansas Blue Cross & Blue Shield of Little Rock, with revenue doubling in the past five years to nearly $2.5 billion, has taken the top spot on Arkansas Business' annual list of the state's largest private companies.

Former Deepwater Heir Continues Legal Battle of Will This article is available only in print.

by Arkansas Business Staff 5/22/2017 12:00 am

Alex Peterson, whose mother allegedly created a fake will so Peterson would inherit the assets of a survivor of the Deepwater Horizon explosion who later died in an auto accident, wants a judge to reopen the case.

Watkins Printing Facility Sells for Nearly $5.5 Million This article is available only in print.

by Arkansas Business Staff 5/22/2017 12:00 am

The Watkins Co., led by Richard Watkins, sold its namesake 162,970-SF printing facility at 11501 Otter Creek South Road for nearly $5.5 million.

Chick-fil-A Confirms Third Rogers Location This article is available only in print.

by Arkansas Business Staff 5/22/2017 12:00 am

A Chick-fil-A spokeswoman said groundbreaking at the site will be this fall and the restaurant is scheduled to open for business in the spring of 2018. The location will employ at least 80.

Dealership Acquisitions Fuel McLarty Automotive Group This article is available only in print.

by George Waldon 5/22/2017 12:00 am

Three years after returning home to Arkansas, Mark McLarty has assembled one of the largest auto dealership groups in the nation.

From the Mailbox (Gwen Moritz Editor's Note)

by Gwen Moritz 5/22/2017 12:00 am

I've dealt with my share of angry readers over the decades. But most of my interaction with readers these days is a pleasure because I enjoy learning how people's minds work.

Update: Heartland, Onebanc End 1Q in the Red

by George Waldon 5/22/2017 12:00 am

Two Little Rock lenders continue to battle through losses in search of a return to sustained profitability: Heartland Bank and One Bank & Trust.