Today's News

Walmart to Give Military Spouses Preference in Hiring

by Associated Press 11/12/2018 01:44 pm

Walmart says it will begin giving hiring preference to military spouses under a new initiative the retail giant is launching.

Standard Lithium, Lanxess Look at Joint Venture in Arkansas Brine

by Kyle Massey 11/12/2018 01:26 pm

A Canadian company's plan to extract battery-grade lithium from the salty underground waters of south Arkansas took another step forward Monday with the announcement of negotiations on a joint venture with Lanxess Corp., a global specialty chemical company with extensive operations in the state.

Hutchinson Campaign Manager Starts Lobbying Firm

by Arkansas Business Staff 11/12/2018 11:35 am

Robert Moery, who managed Gov. Asa Hutchinson's successful re-election campaign, has founded his own lobbying firm, Broadview Strategies of Little Rock.

Woosley, Fink Honored for Lifetime Achievement at CFO of the Year

by Gwen Moritz 11/12/2018 12:00 am

Chief financial officers were also recognized in five categories at the luncheon, held Wednesday at the Embassy Suites in west Little Rock.

Jeremy Hutchinson Faces Foreclosure This article is available only in print.

by Arkansas Business Staff 11/12/2018 12:00 am

First Security Bank filed a foreclosure complaint against Jeremy Hutchinson on Oct. 31, saying he was in default and owed the bank at least $338,001 for the principal of the mortgage on his west Little Rock condo.

Baker House Due to Reopen in 2019 This article is available only in print.

by Arkansas Business Staff 11/12/2018 12:00 am

Stacy and Nathan Hamilton have purchased the 122-year-old Baker House in downtown North Little Rock for $404,000 and plan to reopen for guests in the spring.

Arkansas Nuclear One Emerges from Regulatory Purgatory This article is available only in print.

by Marty Cook 11/12/2018 12:00 am

Rich Anderson was comfortably in retirement when Entergy Arkansas came calling, looking for help steering Nuclear One back to good graces.

Neurosurgeon Bailed on Fayettevile Job, Now Must Pay

by Mark Friedman 11/12/2018 12:00 am

Washington Regional Medical Center recently won a judgment against a neurosurgeon who received a $48,000 signing bonus but quit before his first day at the Fayetteville hospital.

Walton Foundation Gives $23.7M to UA

by Arkansas Business Staff 11/9/2018 02:26 pm

The Walton Family Charitable Support Foundation has given $23.7 million to the University of Arkansas' research and economic development infrastructure.

As Footprint Grows, Simmons Bank Puts Name on NLR Arena

by Lance Turner 11/9/2018 11:26 am

Verizon Arena in North Little Rock announced Friday that Simmons Bank of Pine Bluff has acquired naming rights to the 18,000-seat multi-purpose civic center.

Walmart to Outscource Some Financial Functions to Genpact

by Arkansas Business Staff 11/9/2018 11:02 am

Walmart Inc. of Bentonville will transfer some of its finance and accounting employees to Genpact of New York, which will help the retailer manage some of its financial functions.

CEO: Big River Steel to Remain Independent

by Arkansas Business Staff 11/9/2018 07:18 am

Big River Steel, which this summer said it would expand its scrap recycling and steel production facility near Osceola, says it will remain an independent company, according to a report by Fastmarkets AMM.

Lithium Company With Arkansas Plans Gets Attention via Nasdaq

by Kyle Massey 11/8/2018 03:43 pm

Standard Lithium Ltd., the Canadian company with big plans for mining battery-quality lithium from the underground brine of south Arkansas at a pilot extraction plant near El Dorado, is upping its name recognition in the United States with a program through Nasdaq.

Arkansas Casinos Coming, But Some Details Remain Unclear

by Hannah Grabenstein, The Associated Press 11/8/2018 03:24 pm

Arkansas voters approved an amendment to the state's constitution allowing licenses for four casinos: two existing gambling facilities and two others that will be built. Now questions remain about where and when gambling will happen, and about how much revenue the casinos will generate.

Venture Center Names Wayne Miller Executive Director

by Arkansas Business Staff 11/8/2018 11:42 am

Wayne Miller, managing director of the Venture Center's FinTech Accelerator, has been named executive director of the Little Rock-based nonprofit.

Recent Real Estate Deals Total $2.8M

by Arkansas Business Staff 11/8/2018 11:00 am

Apartments, a bank branch, a commercial site, a store, a warehouse and a restaurant were sold recently.

Marlon Blackwell Elected to National Academy of Design

by Arkansas Business Staff 11/8/2018 10:47 am

Marlon Blackwell, founder of Marlon Blackwell Architects and a professor in the Fay Jones School of Architecture and Design at the University of Arkansas, has received another round of industry honors.

Windstream Holdings Reports $41M in 3Q Net Income

by Sarah Campbell-Miller 11/8/2018 09:59 am

For the first time since the second quarter of 2016, Windstream Holdings Inc. of Little Rock has swung from a loss to a profit.

Courtney Goodson Calls Election A Win Over Outside Spending

by Andrew DeMillo, The Associated Press 11/8/2018 06:41 am

An Arkansas Supreme Court justice who won re-election after conservative groups spent nearly $2.5 million trying to unseat her called the result a victory over outside groups trying to reshape state courts across the country.

Murphy Oil Reports $94M Profit for 3Q, Beats on Revenue

by Kyle Massey 11/7/2018 05:00 pm

Murphy Oil Corp., the crude exploration and production giant based in El Dorado, reported third-quarter net income of $94 million, meeting expectations and exceeding some analysts' profit predictions.