Today's News

Bear State Posts $2.5M Profit in 2Q

by Mark Carter 7/31/2015 02:37 pm

Bear State Financial Inc. of Little Rock, the publicly traded holding company for Bear State Bank, announced Friday second quarter 2015 earnings of $2.5 million.

Mary Beth Brooks: Farmers & Merchants' Offer a 'Surprise' But Made Sense

by Gwen Moritz 7/31/2015 11:56 am

Selling the Bank of Fayetteville wasn't urgent, CEO Mary Beth Brooks said Friday morning, but after Farmers & Merchants Bankshares of Stuttgart expressed an interest, the deal made a lot of sense.

Video: Fire In Downtown Jonesboro Closes Streets, Courthouse

by Associated Press 7/31/2015 11:35 am

A fire in downtown Jonesboro has led to the closing of streets in the area.

Tyson Foods Adds Mikel Durham to Board

by Arkansas Business Staff 7/31/2015 10:23 am

Mikel Durham, 52, is COO of CSM Bakery Solutions, a private bakery supply manufacturer based in Atlanta. Her appointment is effective immediately.

Lee Rudofsky Hired as State's Solicitor General

by Arkansas Business Staff 7/30/2015 02:33 pm

Arkansas Attorney General Leslie Rutledge on Thursday announced the hiring of Lee Rudofsky as the state's solicitor general.

Patented Protein from Fayetteville Firm Treats Bone and Hair Loss

by Mark Carter 7/30/2015 12:29 pm

Fayetteville startup BiologicsMD has been awarded a U.S. patent for the development of fusion proteins that help in the treatment of bone and hair loss.

Sean Rochelle to Leave Executive Director Post at Razorback Foundation

by Lance Turner 7/30/2015 11:53 am

Sean Rochelle is stepping down from his post as executive director of the Razorback Foundation Inc., effective Sept. 1, according to a statement from the foundation on Thursday.

Bank of the Ozarks Tops Bank Performance Scorecard

by Alexis Hosticka 7/30/2015 11:17 am

Three Arkansas banks ranked among Bank Director magazine's list of top mid-size performers in the country, with Bank of the Ozarks of Little Rock taking the No. 1 spot.

Citing Demand, Metova Plans 100 New Jobs in Conway

by Mark Carter 7/30/2015 10:47 am

Mobile app development firm Metova, which opened an RFID operations center in downtown Conway earlier this year, has announced expansion plans.

Task Force: Continue With Common Core But Review, Replace Where Needed

by Andrew DeMillo, The Associated Press 7/30/2015 10:21 am

A task force is recommending Arkansas continue using Common Core as the state reviews the controversial education standards and looks at changing and replacing them where needed.

US Cuts Estimates for Economic Growth Over Past 3 Years

by Associated Press 7/30/2015 07:50 am

The U.S. economy grew more slowly over the past three years than the government had previously estimated, held back by more frugal consumers and steeper spending cuts by state and local governments.

US Economy Posts Solid 2.3 Percent Growth Rate in 2Q

by Associated Press 7/30/2015 07:48 am

After a harsh winter, the U.S. economy posted a solid rebound in the April-June quarter, led by a surge in consumer spending and a recovery in foreign trade.

Low Oil Prices Drive Murphy to $73.8M Quarterly Loss

by Sean Beherec 7/29/2015 04:49 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a second-quarter loss of $73.8 million, noting that earnings were "greatly impacted by the drop in WTI and Brent oil prices by 44 percent between the comparative quarterly periods."

American Railcar to Invest $10.5M, Add 75 Jobs in Marmaduke

by Alexis Hosticka 7/29/2015 04:01 pm

American Railcar Industries Inc., a designer and manufacturer of hopper and tank railcars, is expanding its tank railcar manufacturing facility in Marmaduke.

Inuvo 2Q Net Income Up 16 Percent

by Lance Turner 7/29/2015 03:44 pm

Inuvo Inc. of Conway said Wednesday that second-quarter net income was $445,000, or 2 cents per share, up 16 percent from $382,000, or 2 cents per share, during the same quarter last year.

Video: Here's How I-30 Would Look After Widening

by Arkansas Business Staff 7/29/2015 10:28 am

The project has been branded the "30 Crossing" and would entail replacing the bridge over the Arkansas River and widening the stretch of I-30 from the Interstate 530 junction in southeast Little Rock to the Highway 67 junction in North Little Rock.

UAMS Names Patricia Cowan New Dean of Nursing

by Alexis Hosticka 7/29/2015 10:23 am

Patricia A. Cowan, Ph.D., R.N., has been named dean of the College of Nursing at the University of Arkansas for Medical Sciences and will begin on or before Dec. 1.

ABTI Report: NWA Leads; Home Prices Drag Down Little Rock in May

by Alexis Hosticka 7/29/2015 10:18 am

May was a good month for the northwest Arkansas economy, according to the latest data from the Arkansas Tech Business Index.

Murphy Oil Makes Executive Changes

by Sean Beherec 7/28/2015 04:18 pm

Murphy Oil Corp. of El Dorado on Tuesday named a new vice president and created a new vice president position.

Tim Griffin: Changes Needed to Common Core Standards

by Andrew DeMillo, The Associated Press 7/28/2015 03:22 pm

Lt. Gov. Tim Griffin says he thinks Arkansas should keep some elements of Common Core but make changes where necessary and rename the controversial education standards to more closely reflect the state's needs.