Today's News

Hutchinson Straddles Issue with Unsigned Law (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 3/1/2015 01:43 pm

By letting a measure become law without his signature to prohibit local governments from expanding anti-discrimination protections, Gov. Asa Hutchinson is straddling the debate over a proposal being cast as endorsing bias against gays and lesbians.

Centennial Bank Acquires Florida Branches in FDIC-Assisted Deal

by Lance Turner 2/27/2015 04:09 pm

Centennial Bank said Friday that it has acquired the Florida Panhandle deposits and assets of a Puerto Rican bank that was shut down by the Federal Deposit Insurance Corp.

Update: Baptist Health-NLR Agrees to $2.7 Million Settlement for Medicare Billing Dispute

by Gwen Moritz 2/27/2015 04:06 pm

The U.S. Attorney in Little Rock announced Friday that Baptist Health's North Little Rock hospital had agreed to settle claims it was falsely reimbursed for "short stay" patients in 2008 and 2009.

Simmons First Completes Missouri, Tennessee Aquisitions

by Gwen Moritz 2/27/2015 03:26 pm

The acquisition of Liberty Bank of Springfield, Missouri, and First State Bank of Union City, Tennessee, pushes the holding company's assets to $7.6 billion.

A-State Negotiates for Embassy Suites, Conference Center on Campus

by Lance Turner 2/27/2015 02:59 pm

Arkansas State University is negotiating with O'Reilly Hospitality Management LLC for a land lease agreement that would develop an Embassy Suites hotel, a conference center and Houlihan's restaurant on campus.

Arkansas OKs Measures Urging Balanced Budget Amendment

by Andrew DeMillo, The Associated Press 2/27/2015 01:04 pm

An Arkansas House panel has advanced a pair of measures aimed at forcing a constitutional convention to take up a federal balanced budget amendment.

Arkansas House OKs Release of Cell Phone Location During Investigations

by Associated Press 2/27/2015 11:24 am

Arkansas lawmakers have voted to require companies to release the location of a cell phone when asked by police in criminal investigations, despite criticism that the move would violate civil liberties.

Signed Contracts to Buy US Homes Rise to 18-Month High

by Associated Press 2/27/2015 11:23 am

The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year.

US Economic Growth in Q4 Revised Down to 2.2 Percent

by Associated Press 2/27/2015 11:22 am

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.

Book Excerpt: Charles Morgan on Jeff Ubben, Acxiom's Battle With ValueAct

by Charles D. Morgan 2/27/2015 09:11 am

An excerpt from Charles Morgan's book, "Matters of Life and Data: A Memoir," about his dealings with investor Jeff Ubben and Ubben's company, ValueAct Capital Partners.

Rep. Rebecca Petty Aims for Firing Squad Executions in Arkansas

by Associated Press 2/27/2015 07:55 am

A lawmaker whose 12-year-old daughter was murdered by a man now on death row said Thursday that she will work to make the firing squad a legal execution method in Arkansas because court challenges have stalled efforts to resume the death penalty using lethal injections.

Walmart Foundation Grant to Support Diabetes Treatment

by Associated Press 2/27/2015 07:48 am

The Walmart Foundation has announced a $194,200 grant to the University of Arkansas for Medical Sciences Northwest to support diabetes treatment in the Marshallese community in northwestern Arkansas.

Cameron Smith, Karen Fetzer Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2015 05:14 am

Cameron Smith of Cameron Smith Associates of Rogers and Karen Fetzer of the Rotary Club of Little Rock won executive of the year awards at Thursday's 27th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock.

Arkansas House Committee Endorses Guns on Campus Bill

by Associated Press 2/26/2015 11:56 am

A bill to force public colleges and universities in Arkansas to allow staff and faculty to bring guns onto campus that was previously defeated found new life Thursday through the support of three Democrats.

Meet the Finalists of the 27th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2015 11:37 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

UAMS Arkansas Prevention Research Center Gets $3.75M Grant

by Associated Press 2/26/2015 11:28 am

The Arkansas Prevention Research Center at the University of Arkansas for Medical Sciences is being awarded a $3.75 million grant to continue its work.

USA Truck, 2 Shareholders Register to Sell Shares

by Marty Cook 2/26/2015 11:23 am

USA Truck of Van Buren and its two largest shareholders have agreed to register up to 2 million shares of the company for sale.

UA to Host Alley Scholars Business Plan Challenge

by Arkansas Business Staff 2/26/2015 09:31 am

Undergraduate teams of minority students will compete in the Alley Scholars Shark Tank Business Plan Challenge on Saturday at the University of Arkansas in Fayetteville.

Arkansas Senate Committee Backs Prison Overhaul Bill

by Associated Press 2/26/2015 07:15 am

A key component of Gov. Asa Hutchinson's plan to overhaul the state prison system and reduce an inmate backlog received bipartisan support from a Senate committee Wednesday.

Marcus Devine Named New Director for Division of Youth Services

by Associated Press 2/26/2015 07:07 am

A former Arkansas Department of Environmental Quality leader has been picked to direct the state agency responsible for housing and treating the state's youth offenders.