Today's News

Simmons Bank Donates Record $2.5M to UABP Athletics

by Todd Traub 5/22/2018 04:35 pm

A record $2.5 million gift from Simmons Bank to the University of Arkansas at Pine Bluff athletic program means short-term cosmetic improvements and, hopefully, a long-term competitive edge, officials and coaches said Tuesday.

Simmons Bank Gives $2.5M to UAPB for Athletics

by Lance Turner 5/22/2018 11:44 am

Simmons First National Corp. CEO George Makris this morning announced a $2.5 million donation to the athletics program at the University of Arkansas at Pine Bluff.

Car-Mart's Quarterly, Yearly Income Up

by Marty Cook 5/22/2018 09:23 am

America's Car-Mart Inc. of Bentonville reported increases in fourth-quarter and annual revenue and income Monday for fiscal year 2018.

Donald Trump Endorses Asa Hutchinson for Governor

by Associated Press 5/22/2018 07:33 am

President Donald Trump has endorsed Arkansas' governor, who faces a challenge from the right in the Republican primary in his bid for a second term.

SPONSORED: Is Facebook In Trouble?

by 5/22/2018 06:50 am

The popular social media platform has gone through some recent, public struggles. But healthy numbers explain its continued value as a marketing tool.

Walmart Atop Fortune 500 List for 6th Straight Year

by Lance Turner 5/21/2018 11:36 am

Fortune magazine has published its 64th annual Fortune 500 list of the country's biggest companies, and Walmart Inc. of Bentonville ranks No. 1 for the sixth consecutive year.

Divided Supreme Court Rules for Businesses over Workers

by Associated Press 5/21/2018 09:28 am

The Supreme Court says employers can prohibit their workers from banding together to complain about pay and conditions in the workplace.

Heated Court Fight, US House Race Dominate Arkansas Election

by Andrew DeMillo, The Associated Press 5/21/2018 07:15 am

A race for an Arkansas Supreme Court seat that has drawn heavy spending from outside groups and a four-person race for the Democratic nomination to run for a Little Rock-area U.S. House seat headline the ballot in the state's primary and non-partisan judicial election this week.

Bank Buys Spur Talk in Corner Markets This article is available only in print.

by Arkansas Business Staff 5/21/2018 12:00 am

Down in Ashley County, a Louisiana suitor is pursuing the parent company of Crossett's First National Bank in a $12.8 million deal.

Holiday Inn Express Expected in East Village Development This article is available only in print.

by Arkansas Business Staff 5/21/2018 12:00 am

A late third-quarter groundbreaking is planned for a 100-room Holiday Inn Express & Suites near I-30 in Little Rock.

Arthur's, Oceans Restaurants Find Prime Spot to Set New Stakes This article is available only in print.

by Arkansas Business Staff 5/21/2018 12:00 am

Jerry Barakat, the Little Rock restaurateur behind Arthur's Prime Steakhouse and Oceans at Arthur's, plans to move the two restaurants from their location at the Village at Rahling Road to the former Riverside Acura and Subaru dealership at 16100 Chenal Parkway.

75 Largest Private Companies in Arkansas Combine for $38.9B This article is available only in print.

by Gwen Moritz 5/21/2018 12:00 am

Revenue at Arkansas Blue Cross & Blue Shield topped $2.5 billion last year, a milestone achieved by only one other company in the 30 years that Arkansas Business has been ranking private companies by revenue.

A Sigh of Relief (Gwen Moritz Editor's Note)

by Gwen Moritz 5/21/2018 12:00 am

Like many of Candidate Trump's promises — from a big, beautiful wall that Mexico will pay for to better health insurance for everyone at a fraction of the cost — his promise to control prescription costs was long on curb appeal and short on structure. A Potemkin drugstore, as it were.

Frank Fletcher's Way: Adapt and Serve Customers This article is available only in print.

by Sarah Campbell-Miller 5/21/2018 12:00 am

Frank Fletcher, the CEO of a diverse empire, says his hotel, restaurants, car lots and fur store all must evolve. His company, which reported $750 million in revenue in 2017, employs about 1,000 people, a number that has steadily grown over the past 20 years.

UA Little Rock Professor Shows Ways of Fighting Propaganda

by Sarah Campbell-Miller 5/21/2018 12:00 am

On May 2, UA Little Rock professor Nitin Agarwal attended the kickoff of the U.S. State Department's Tech Demo program to counter foreign propaganda and disinformation.

Dillard's Touts Shareholder Returns at Annual Meeting

by Mark Friedman 5/19/2018 11:29 am

Between 2007-17, Dillard's Inc. has done more than $3 billion in dividends and stock buybacks, CEO William Dillard II said Saturday.

2 Arkansas Judges Issue Contradictory Orders On Election Ads

by Andrew DeMillo, The Associated Press 5/18/2018 06:24 pm

Arkansas judges issued contradictory orders Friday on efforts to halt a conservative group's attack ad against a state Supreme Court justice, with one judge ordering several stations to stop airing the spot and another judge allowing other stations to run it.

More Ads Bashing Arkansas Justice Seeking Re-election Halted

by Associated Press 5/18/2018 03:32 pm

A second Arkansas judge has prevented TV stations from airing a conservative group's ad attacking a state Supreme Court justice who is running for re-election.

Arkansas' April Unemployment Rate Unchanged at 3.8 Percent

by Arkansas Business Staff 5/18/2018 10:31 am

For the third consecutive month, Arkansas recorded the same jobless rate, and that rate is below the U.S. rate.

A-State Marks Construction Start for Red Wolf Convention Center

by Todd Traub 5/18/2018 10:30 am

After close to three years of financial and political challenges — and grappling with the presence of a competing project — the city welcomed the ceremonial start of construction on the Red Wolf Convention Center and Embassy Suites Hotel at Arkansas State University.