Today's News

Reports: Wal-Mart Nabs Another Shopping App, Luvocracy

by Lance Turner 7/29/2014 11:25 am

@WalmartLabs, part of Wal-Mart Stores Inc.'s social media division, has acquired another shopping app, Luvocracy.

For First Time, Jimmy Dean Moves Beyond Breakfast

by Associated Press 7/29/2014 10:07 am

Jimmy Dean, the sausage brand started by the late country singer, has become a breakfast staple. Now the brand, owned by Hillshire, is hoping its new bowls and sandwiches can lure eaters at other meals.

Madison County Voters to Weigh Sales Tax Increase

by Associated Press 7/29/2014 09:14 am

Madison County voters will get to decide whether to increase the sales tax by a penny to help fund the county jail and other needs.

Windstream to Spin Off Some Assets Into Publicly Traded REIT

by Lance Turner 7/29/2014 06:32 am

Windstream Holdings Corp. of Little Rock says it will spin off certain assets, including its fiber and copper network, into a publicly traded real estate investment trust, a move that will lower its debt by $3.2 billion.

Crystal Bridges Names New Curators

by Jan Cottingham 7/28/2014 02:05 pm

Crystal Bridges Museum of American Art has announced the promotion of two staff members to curator and the hiring of a third curator.

P.A.M. Transportation Net Income Up 81 Percent

by Arkansas Business Staff 7/28/2014 11:42 am

P.A.M. Transportation Services Inc. of Tontitown reports second-quarter earnings of $4.9 million, up 81 percent from $2.7 million in the same quarter last year.

Arkansas Attorney General Asks to Help Defend Drilling Tax Break

by Associated Press 7/28/2014 10:32 am

Attorney General Dustin McDaniel wants to defend in court a $5 million tax break the Legislature gave the natural gas industry after the state's top finance official said the exemption was unconstitutional.

Arkansas High School to Start Drones Program

by Associated Press 7/28/2014 07:48 am

Beebe will be bringing drones to school this fall. The school district will offer a drones class after ninth- and 10th-grade Principal Mike Tarkington got the idea for starting one while watching an episode of "60 Minutes" about them in March.

Tyson Foods 3Q Profit Climbs 4.4 Percent, Will Sell Chicken Business in Brazil, Mexico

by Marty Cook 7/28/2014 07:22 am

Tyson Foods Inc. of Springdale, reporting a record third-quarter profit and the sale of new stock and other equity, also said it is selling poultry operations in Brazil and Mexico in order to help pay for its acquisition of Hillshire Brands Co. of Chicago.

Tyson Foods to Sell Mexico, Brazil Poultry Operations

by Associated Press 7/28/2014 05:59 am

Tyson Foods says it will sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt tied to its acquisition of Hillshire Brands.

Arkansas Business Presents the 2014 Power List

by Gwen Moritz 7/28/2014 12:00 am

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks.

ArcBest Making Moves Toward Memphis

by Arkansas Business Staff 7/28/2014 12:00 am

ArcBest Corp. of Fort Smith is proceeding with plans to move ABF Freight Systems operations from North Little Rock to Memphis.

One Bank Turns Attention to Scooter Stuart Life Insurance Payouts

by Arkansas Business Staff 7/28/2014 12:00 am

The leadership at One Bank & Trust has steered the Little Rock lender back to court in a new lawsuit connected with its former owner, Layton “Scooter” Stuart

The Weekly Miracle (Gwen Moritz Editor's Note)

by Gwen Moritz 7/28/2014 12:00 am

Later this week, I'll celebrate my 15th anniversary as editor of Arkansas Business. If your first thought is, “Wow, you'd think she'd be better at it by now,” let me assure you that I am in complete agreement. The longer I do this job, the more I realize just how much I don't know. But that's one of the reasons I keep doing it: I learn something about something every day.

Warren Stephens Bets on Britain's Bathstore

by Arkansas Business Staff 7/28/2014 12:00 am

Warren Stephens, whose wealth Forbes put at $2.6 billion as of Thursday and who appears on our Power List, made a splash earlier this month in the United Kingdom with his backing of a management buyout of Bathstore.

Tyson Foods Closing 3 Plants in Iowa, NY, NM

by Associated Press 7/27/2014 03:54 pm

Tyson Foods Inc. says it's closing three U.S. plants, employing a total 950 workers, which have struggled financially as the company's product needs have changed.

Tough Road for Ethics, Term Limits Item (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 7/27/2014 03:42 pm

A proposal to restrict lobbyists' gifts to lawmakers and loosen Arkansas' term limits was touted as a way to put major ethics reforms on the ballot. But the proposed constitutional amendment is facing growing opposition focused primarily on its term limits provisions.

State Higher Ed Board OKs Osteopathic School at Arkansas State

by Arkansas Business Staff 7/25/2014 01:42 pm

The Arkansas Higher Education Coordinating Board grants the New York Institute of Technology certification for an additional osteopathic medical school site on the Arkansas State University campus in Jonesboro.

Mark Pryor Pitches Jobs Legislation

by Associated Press 7/25/2014 01:35 pm

Democratic U.S. Sen. Mark Pryor is sponsoring legislation to limit tax breaks for companies that move operations overseas and to require most publicly financed projects to use American-made steel and iron as he faces a tough re-election fight.

Groups See Competitive Threat In Tyson Foods' Deal for Hillshire

by Marty Cook 7/25/2014 01:20 pm

A coalition of 82 farm, consumer and community groups urged the U.S. Justice Department to extend its antitrust division's review of Tyson Foods Inc.'s $8.55 billion deal to acquire Hillshire Brands Co. of Chicago.