Today's News

UA Announces Search Committee For New Law School Dean

by Arkansas Business Staff 10/23/2017 10:59 am

The University of Arkansas appoints Todd Shields, dean of the J. William Fulbright College of Arts & Sciences, to chair the search committee for the new dean of the UA School of Law.

Simmons First Reports 3Q Net Income of $28.9M

by Sarah Campbell-Miller 10/23/2017 10:44 am

Simmons First National Corp. of Pine Bluff reports third-quarter net income of $28.9 million, up 17 percent from $23.4 million for the same quarter of last year.

Amazon Says It Received 238 Proposals for 2nd Headquarters

by Associated Press 10/23/2017 10:22 am

Amazon says it received 238 proposals from cities and regions hoping to be the home of the company's second headquarters.

Update: Potlatch, Deltic Timber to Combine in Stock Swap

by Arkansas Business Staff 10/23/2017 07:58 am

Potlatch Corp. and Deltic Timber Corp. of El Dorado announce that they will combine in an all-stock transaction, creating "a leading domestic timberland owner and top-tier lumber manufacturer."

Asa Hutchinson Leaves Few Options for Road Funding (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 10/23/2017 07:00 am

Arkansas Gov. Asa Hutchinson's declaration that he'll fight any effort to pay for the state's road needs by tapping into its general revenue leaves state highway officials with few alternatives for closing a widening gap in funding.

Windstream Fights Hedge Fund Over Uniti Group Status This article is available only in print.

by Arkansas Business Staff 10/23/2017 12:00 am

Aurelius Capital Management of New York claims Windstream's 2015 spinoff of its copper and fiber assets into an innovative real estate investment trust was essentially a sale-leaseback that violated the terms of some of its outstanding bonds.

Rad Transportation of Blytheville Files for Bankruptcy This article is available only in print.

by Arkansas Business Staff 10/23/2017 12:00 am

A Blytheville trucking company recently filed for bankruptcy and listed $881,000 in debt.

PSC to Rule on Utility Rates in Solar Energy Showdown This article is available only in print.

by Kyle Massey 10/23/2017 12:00 am

A yearlong debate over the value of self-generated electricity in Arkansas is boiling down to a duel in the sun.

Monsanto Sues Arkansas Board for Banning Dicamba

by Andrew DeMillo, The Associated Press 10/20/2017 04:58 pm

A major agribusiness company sued Arkansas regulators on Friday for banning its version of an herbicide that's drawn complaints from farmers across several states who say the weed killer has drifted onto their crops and caused widespread damage.

Economist: Recovery in 'Top of The Ninth Inning'

by Sarah Campbell-Miller 10/20/2017 11:10 am

"I think we're in the top of the ninth inning of the recovery from our recession to, you know, getting back on our feet,” economist Jim Glassman told a small gathering of business professionals Wednesday at an economic outlook luncheon sponsored by Chase.

Arkansas Unemployment Remains at 3.5 Percent

by Arkansas Business Staff 10/20/2017 09:36 am

Arkansas' unemployment rate in September remained steady at 3.5 percent.

Closing of Two Acquisitions Pushes Simmons to $14B in Assets

by Arkansas Business Staff 10/20/2017 09:17 am

Simmons First National Corp. of Pine Bluff, parent company of Simmons Bank, announced Thursday it has completed acquisitions of both Southwest Bancorp Inc. of Stillwater, Oklahoma, and First Texas BHC Inc. of Fort Worth, Texas.

$5M From First National Bank Gets Naming Rights to A-State Convocation Center

by Graycen Colbert Bigger 10/20/2017 08:52 am

Arkansas State University's board of trustees vote to rename the university's Convocation Center to "First National Bank Arena" following a $5 million contribution to the Red Wolves Foundation from the Paragould-based bank.

Arkansas Supreme Court Wants New Order on Birth Certificate Law

by Associated Press 10/19/2017 12:37 pm

Members of Arkansas' Supreme Court say the state must change a law that kept same-sex couples from listing both of their names on birth certificates, but disagree on who should do it.

Center at UAMS Gets $7M Grant for Minority Health Disparities

by Associated Press 10/19/2017 11:46 am

Reducing children's exposure to tobacco smoke and preventing HIV among black inmates are the focus of a $7 million federal grant awarded to the Arkansas Center for Health Disparities at the University of Arkansas for Medical Sciences.

Bear State Financial 3Q Earnings Up 8 Percent

by Lance Turner 10/19/2017 11:40 am

Bear State Financial Inc. of Little Rock, which is selling Bear State Bank to Arvest Bank of Fayetteville, reports third-quarter earnings of $5.1 million, up 8 percent from the same quarter last year.

Rejecting Amazon, Little Rock Launches New Campaign

by Sarah Campbell-Miller 10/19/2017 11:02 am

Little Rock Mayor Mark Stodola says the city will not submit a bid to be home to Amazon's second North American headquarters. Instead, it has used the occasion to launch a promotional campaign called "Love, Little Rock."

Florida Hurricane Drives Home BancShares 3Q Profit Down 66 Percent

by Lance Turner 10/19/2017 07:26 am

Home BancShares inc. of Conway, the parent company of Centennial Bank, reports third-quarter profit of $14.8 million, down 66 percent from the same quarter last year, as Hurricane Irma weighed on results.

Arkansas Officials: Highway Funding Plan May Wait Until '19

by Andrew DeMillo, The Associated Press 10/18/2017 02:02 pm

Arkansas highway officials are leaving open the possibility they'll take a road funding proposal to lawmakers in 2019 rather try to put it on the ballot next year.

Women Who Own Businesses Find Bank Loans Harder to Get

by Associated Press 10/18/2017 11:54 am

A survey of businesses conducted this summer found that 30 percent of companies owned by women were able to get bank loans during the previous three months, compared to half of all the owners surveyed.