Today's News

Land For $13M Lisa Academy Expansion Sold For $1.2M

by Arkansas Business Staff 7/20/2018 10:36 am

RPM Group/Corfac International announces the sale of 7.88 acres on Briley Road in North Little Rock for $1.2 million. The property will become part of the Lisa Academy North complex and home to its planned $13 million secondary school.

Arkansas Unemployment Unchanged at 3.8 Percent

by Arkansas Business Staff 7/20/2018 09:57 am

Arkansas' unemployment rate remained at 3.8 percent in June, unchanged from the previous month, according to a report Friday by the state Department of Workforce Services.

State Governors Delve Into Foreign Diplomacy on Trade War

by Associated Press 7/20/2018 07:55 am

State governors discussed ways Thursday to court foreign investment in the wake of President Donald Trump's trade disputes with countries including China, Canada and Mexico.

Former SAYS Director Jerry Walsh Pleads Guilty to Scheme with Rusty Cranford

by Arkansas Business Staff 7/19/2018 03:27 pm

Federal prosecutors say Jerry Walsh, the former longtime director of the South Arkansas Youth Services Inc. of Magnolia, pleaded guilty to conspiring to misapply more than $380,000 from the now-defunct organization.

Car-Mart's Henderson Gets $1.1M Retirement Bonus

by Marty Cook 7/19/2018 11:23 am

America's Car-Mart Inc. of Bentonville paid longtime CEO Hank Henderson a $1.1 million bonus when he retired Dec. 31, 2017.

Arkansas Lawmakers OK Medical Marijuana Consultant Rule

by Associated Press 7/19/2018 11:07 am

Arkansas lawmakers have approved a rule to allow the state's Medical Marijuana Commission to hire a consultant who will review hundreds of applications it's received from businesses that want to sell the drug.

Home BancShares' Net Income Up 52 Percent

by Arkansas Business Staff 7/19/2018 11:00 am

Home BancShares Inc. of Conway reports record quarterly earnings, with net income of $76 million, up 52 percent from the same quarter last year.

Town & Country Shopping Center Sold For $3.8M

by Arkansas Business Staff 7/19/2018 10:17 am

The Town & Country shopping center changed owners in a $3.8 million transaction that closed Monday.

TeleComp Moving to Larger Office, Will Create 10 New Jobs

by Sarah Campbell-Miller 7/18/2018 04:31 pm

TeleComp Holdings Inc. of Bentonville will move into the top floor of a standalone two-story building being constructed off Interstate 49 in Rogers, and it plans to add 10 full-time, salaried positions by 2019.

Baptist Health to Buy Sparks Health System

by Lance Turner 7/18/2018 03:30 pm

Baptist Health of Little Rock says it will buy Sparks Health System, confirming an earlier Arkansas Business report.

FIS, State Will Sponsor FinTech Accelerator for Another Year

by Sarah Campbell-Miller 7/18/2018 03:20 pm

Global financial services company FIS of Jacksonville, Florida, and Gov. Asa Hutchinson say they will sponsor the VC FinTech Accelerator for another year.

Baptist Health Picks Mike Perkins to Lead NLR Campus

by Arkansas Business Staff 7/18/2018 10:57 am

Baptist Health said Tuesday that it had appointed Mike Perkins as the new vice president and administrator for Baptist Health Medical Center-North Little Rock.

US Housing Starts Tumbled 12.3 Percent in June

by Associated Press 7/18/2018 10:51 am

U.S. homebuilders sharply curtailed the pace of construction in June as housing starts plummeted 12.3 percent.

KATV Fixture Ned Perme to Retire After 34 Years of Warnings, Carols

by Kyle Massey 7/17/2018 04:01 pm

Through more than a third of a century of springtime tornadoes, August heat advisories and even December carols at his grand piano, Ned Perme cemented a place on Arkansas' airwaves as chief meteorologist at KATV, Channel 7 in Little Rock.

Southern Bancorp Community Partners President Named

by Arkansas Business Staff 7/17/2018 02:33 pm

Southern Bancorp Inc. of Little Rock announced Tuesday that, following a nationwide search, Karama Neal, Ph.D., was selected to serve as president of Southern Bancorp Community Partners.

UA Little Rock, Saline Health Launch Pathways Program for Nurses

by Sarah Campbell-Miller 7/17/2018 10:52 am

The University of Arkansas at Little Rock and Saline Health System said Tuesday that they would partner to address a nursing shortage in Saline County.

Faculty Members at UCA Get $1.4M in Research Grants

by Arkansas Business Staff 7/17/2018 10:12 am

Five faculty members in the University of Central Arkansas College of Natural Science and Mathematics have been awarded more than $1.4 million for research.

Driving Arkansas Forward Raises $1.2M for Pro-Casino Measure

by Associated Press 7/17/2018 06:40 am

A group trying to put on the Arkansas ballot a proposal to legalize casinos in four counties says it raised more than $1.2 million last month.

JB Hunt 2Q Net Income Up 55 Percent

by Arkansas Business Staff 7/16/2018 03:18 pm

J.B. Hunt Transport Services Inc. of Lowell reports second-quarter income of $151.6 million, up 55 percent from $97.8 million in the same quarter of 2017.

PSC Sets New Efficiency Targets For Investor-Owned Power Utilities

by Kyle Massey 7/16/2018 11:02 am

The Arkansas Public Service Commission has set new energy efficiency goals for the state's electric utilities, ordering a savings target of 1.2 percent of baseline energy sales from 2020 through 2022.