Today's News

FCC Approves Merger of Windstream, EarthLink

by Arkansas Business Staff 1/20/2017 02:41 pm

The Federal Communications Commission on Thursday approved the previously announced merger of Windstream Holdings Inc. of Little Rock and EarthLink Holdings Corp. of Atlanta.

Trump, Sworn in as President, Promises to Put 'America First'

by Reuters 1/20/2017 11:51 am

Donald Trump was sworn in as the 45th president of the United States on Friday, succeeding Barack Obama and telling a bitterly divided country he will pursue "America First" policies at home and abroad.

New UCA President Houston Davis Talks Priorities, Plans

by Sarah Campbell 1/20/2017 11:26 am

Monday is Houston Davis' first day as the University of Central Arkansas' president, and he took some time Friday to speak with Arkansas Business about his priorities and plans. He called UCA "a place where students can get a very personalized education that prepares them for being an active citizen and an active employee, no matter what field they choose to go into."

Endeavor Foundation Donates $2M to Children's Northwest Hospital

by Arkansas Business Staff 1/20/2017 09:33 am

The Endeavor grant will go toward family-centered programs such as financial counseling, volunteer services and pastoral and palliative care.

Arkansas Unemployment Rate Falls to 3.9 Percent

by Arkansas Business Staff 1/20/2017 09:23 am

Arkansas' unemployment rate fell to 3.9 percent in December, down from 4 percent in November and 4.7 percent in December 2015.

Hutchinson: Arkansas 'Ready to Go' on ACA Repeal But Concerned About Trade Tax

by Lance Turner 1/20/2017 09:03 am

Gov. Asa Hutchinson appears on CNBC's "Squawk Box" to talk about the appeal of the Patient Protection & Affordable Care Act and the incoming Trump administration's trade plans.

Arkansas House OKs Tapping into Funds for Disabled Waitlist

by Associated Press 1/19/2017 03:50 pm

The Arkansas House has approved tapping into $8.5 million in unused money from the 1999 settlement with tobacco companies to provide more services to the developmentally disabled.

Arkansas Lawmakers Give Final OK to Medical Pot Launch Delay

by Associated Press 1/19/2017 03:34 pm

Arkansas lawmakers have given their final approval to legislation delaying the launch of the state's voter-approved medical marijuana program.

Arkansas House Panel Advances Competing Tax Cut Plans

by Andrew DeMillo, The Associated Press 1/19/2017 03:21 pm

An Arkansas House committee has thrown a wrinkle into Gov. Asa Hutchinson's $50 million tax cut plan, advancing his proposal along with a competing measure from Democrats to give a tax credit to low-income residents.

Arkansas Panel OKs Restrictions on 2nd Trimester Abortions

by Kelly P. Kissel, The Associated Press 1/19/2017 11:35 am

An Arkansas legislative committee has voted to outlaw an abortion procedure that opponents call "savage" and "barbaric" while others deem it the safest way to end a pregnancy in the second trimester.

Blue Sail Coffee to Open Shop in Tech Park

by Lance Turner 1/19/2017 11:28 am

Blue Sail Coffee Roasters of Conway has signed a three-year lease to operate a coffee shop inside Phase 1 of the Little Rock Technology Park at 417 Main St.

J.B. Hunt 4Q Income Up 1 Percent

by Arkansas Business Staff 1/19/2017 09:21 am

J.B. Hunt Transport Services Inc. of Lowell on Thursday reported fourth-quarter income of $117.5 million, up from $116.7 million in the same quarter a year ago.

4Q, Full-Year Results Up at Home BancShares

by Lance Turner 1/19/2017 07:06 am

Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $48.6 million, up nearly 30 percent from the same time last year. "The annual and quarterly earnings performance for 2016 exceeded expectations," Chairman John Allison said.

Simmons Reports 4Q Net Income of $27M

by Gwen Moritz 1/18/2017 05:05 pm

Simmons First National Corp. earned $27 million in the fourth quarter of 2016, a year-over-year increase of 13.4 percent, pushing its net income for the year to $96.8 million, an increase of more than 30 percent.

Machen Succeeds McFatridge as CEO of Bear State Financial

by Gwen Moritz 1/18/2017 04:06 pm

Mark McFatridge has resigned as CEO of Bear State Financial, and the board of directors of the publicly traded bank holding company announced Wednesday that Matt Machen will be his replacement.

Report: Arkansas Home Sales Up 24 Percent in November

by Lance Turner 1/18/2017 03:00 pm

The Arkansas Realtors Association says home sales rose 24 percent in November, driven by a spike in activity in four Arkansas counties.

Biege Book: Economic Growth Quickened at Year's End

by Associated Press 1/18/2017 01:58 pm

The U.S. economy grew a bit faster at the end of last year, spurred by healthier sales for manufacturers and steady hiring that is slowly pushing up wages.

Acxiom Announces Partnership With Verve

by Arkansas Business Staff 1/18/2017 01:13 pm

Acxiom Corp. of Little Rock announces a new strategic partnership with Verve of New York, a location-powered mobile marketing firm.

Video: Daisy To Expand Rogers Plant, Create 25 Jobs

by Arkansas Business Staff 1/18/2017 12:41 pm

Gamo Outdoor USA and Daisy Outdoor Products, with Gov. Asa Hutchinson, announced on Wednesday plans to expand the Daisy plant in Rogers and create 25 jobs over the next two years.

Lawmakers Decline to Approve Lottery Ad Contract

by Kyle Massey 1/18/2017 11:51 am

After grilling Lottery Director Bishop Woosley and State Procurement Director Edward Armstrong for nearly an hour over the process that awarded a $34.5 million, five-year lottery advertising contract to CJRW, a legislative subcommittee votes not to approve the contract. Later, the full committee kicks the matter back to the subcommittee.