Today's News

Judge to Rule Within 5 Days on Marijuana Licenses

by Associated Press 3/16/2018 03:35 pm

An Arkansas judge says he'll rule within the next five days on whether to allow the state to issue its first licenses for companies to grow medical marijuana.

US Job Openings Soar to Record High of 6.3M

by Associated Press 3/16/2018 11:25 am

U.S. employers sharply ramped up their demand for workers in January, advertising 6.3 million jobs at the end of the month, the most on records dating back 17 years.

George Gleason Pay Rises to $6.9M

by Lance Turner 3/16/2018 11:17 am

George Gleason, 64, chairman and chief executive officer of Little Rock's Bank of the Ozarks, received total compensation of nearly $6.9 million during 2017.

Pay for Murphy USA CEO Andrew Clyde Slips to $5.8M

by Kyle Massey 3/16/2018 10:34 am

Even as a big fourth-quarter pushed Murphy USA's full-year profits to $245 million in 2017, CEO Andrew Clyde settled for a little smaller payday last year.

Bank of the Ozarks Wants Name Change: Bank OZK

by Lance Turner 3/15/2018 03:34 pm

Publicly traded Bank of the Ozarks of Little Rock said Thursday that it wants to change its name to Bank OZK "as part of a strategic rebranding." Shareholders must approve the change, which would take effect in July.

Stock Awards Boost Comp for Simmons First Executives

by George Waldon 3/15/2018 02:44 pm

Compensation increased for two of the most highly paid executives at Pine Bluff's Simmons First National Corp.

Arkansas Lawmakers Wrap Up Special Session

by Associated Press 3/15/2018 02:14 pm

Arkansas lawmakers have wrapped up this week's special session after approving several measures on pharmacies, highway funding and college savings.

Arkansas Governor Calls for Cut in Agencies Reporting to Him

by Associated Press 3/15/2018 01:30 pm

Arkansas' governor is calling for a reorganization of state government and says he wants to cut the number of agencies reporting directly to him by more than half.

Governor Signs Pharmacy Benefit Manager Bill into Law

by Arkansas Business Staff 3/15/2018 10:50 am

Gov. Asa Hutchinson signs into law a bill that requires pharmacy benefit managers to be licensed by the state. The Arkansas Pharmacy Benefits Manager Licensure Act requires licensure of any PBM that services any insurance plans that are not self-funded by employers.

Builders Optimism Slides for 3rd Consecutive Month

by Associated Press 3/15/2018 10:14 am

A new survey reveals fading optimism among homebuilders, and a downward revision in sentiment from February suggests a more sustained perception of deterioration.

Hog Farm Bill Poised for Passage at Arkansas Legislature

by Kelly P. Kissel, The Associated Press 3/15/2018 06:55 am

The Arkansas House and Senate approved identical bills Wednesday that would make it harder to perpetuate complaints against farms that need permits to retain then dispose of liquid animal waste.

USDA Designates 61 Arkansas Counties as Disaster Areas

by Associated Press 3/15/2018 06:53 am

The U.S. Department of Agriculture has designated 61 drought-stricken Arkansas counties as disaster areas, making farmers and ranchers in the counties eligible for natural disaster assistance.

Conway Theater Sold for $7.4M

by Arkansas Business Staff 3/14/2018 05:51 pm

Cinemark Towne Centre, Conway's only movie theater, sold for $7.4 million on March 5 to EPR Properties of Kansas City, Missouri.

Arkansas Home Sales Held Steady In January

by Arkansas Business Staff 3/14/2018 04:11 pm

The Arkansas Realtors Association announced Tuesday that home sales held steady in January.

UCA Receives $390K From Conway Regional To Support Nursing Programs

by Arkansas Business Staff 3/14/2018 02:46 pm

The University of Central Arkansas and Conway Regional Health System announces a partnership to address a statewide nursing shortage.

Judge Puts Brakes on Licenses for Marijuana Growers

by Lance Turner 3/14/2018 02:33 pm

A Pulaski County Circuit Court judge has issued a temporary restraining order blocking the Arkansas Marijuana Commission from officially issuing cultivation licenses.

Arkansas House Approves Pharmacy Manager Bill

by Associated Press 3/14/2018 01:26 pm

The Arkansas House has approved a proposal to regulate pharmacy benefit managers, prompted by complaints from pharmacists about a cut in reimbursements they saw earlier this year.

FedEx Investing $1B to Modernize Memphis Hub

by Associated Press 3/14/2018 11:17 am

FedEx says it is investing more than $1 billion to modernize its Tennessee hub, in a move the shipping giant says will improve its efficiency and reliability as it delivers packages throughout the world.

February Retail Sales Slip as Auto, Gas Purchases Fade

by Associated Press 3/14/2018 10:50 am

U.S. consumers spent less at auto dealers, gas stations and department stores in February, causing overall retail sales to slip 0.1 percent despite signs elsewhere of a robust economy and the tax cuts signed into law by President Donald Trump starting to take effect.

UPDATE: Davis Beats Bailey for GOP Senate District 16 Nomination

by Associated Press 3/14/2018 09:30 am

Republicans voting in the special state Senate District 16 primary have nominated analytics firm account executive Breanne Davis as the GOP standard-bearer.