Today's News

I.O. Metro Names John Erdos New CEO

by Marty Cook 3/26/2015 04:03 pm

I.O. Metro of Lowell named John Erdos CEO and announced that some of the company's operations would relocate to Dallas this summer.

Asa Hutchinson: No Room for More Tax Cuts

by Associated Press 3/26/2015 02:33 pm

Arkansas Gov. Asa Hutchinson says there's no room in his proposed budget for additional tax cuts, despite a renewed push to find funding for an exemption for military veterans.

Asa Hutchinson Says He'd Sign Religious Protection Bill

by Andrew DeMillo, The Associated Press 3/26/2015 11:40 am

Arkansas Gov. Asa Hutchinson says he would sign into law a religious protection measure that opponents have said would open the door to state-sanctioned discrimination against gays and lesbians.

Asa Hutchinson Names Mike Preston as New AEDC Director

by Arkansas Business Staff 3/26/2015 10:58 am

Gov. Asa Hutchinson on Thursday announced Mike Preston as the new executive director of the Arkansas Economic Development Commission. Preston previously served as director of government relations for Enterprise Florida.

Windstream Board Gives Final Approval for REIT

by Sean Beherec 3/26/2015 10:09 am

The company said that the board's decision to spin off certain network assets into the new company, Communications Sales & Leasing Inc., will also result in a prorated cash dividend upon its closing.

Incentives Boost Pay for Bank of the Ozarks' Executives

by Lance Turner 3/26/2015 09:32 am

Each of Bank of the Ozarks Inc.'s named executive officers saw increases in total compensation in fiscal 2014, according to a proxy filed Thursday with the U.S. Securities and Exchange Commission.

Arkansas Senate OKs Ten Commandments Monument

by Andrew DeMillo, The Associated Press 3/26/2015 06:58 am

The Arkansas Senate voted Wednesday to allow a Ten Commandments display to be built near the Capitol, a move the lawmaker has called a nod to history but critics have said would amount to the state endorsing religion.

Asa Hutchinson Says Advocacy Group to Pay $25,000 for DHS Review

by Allen Reed, The Associated Press 3/26/2015 06:52 am

A national advocacy group has pledged $25,000 to pay for an independent review of Arkansas' human services agency following revelations that a lawmaker gave his adopted daughter to a man who later sexually abused her, Gov. Asa Hutchinson's office said Wednesday.

2 Murphy USA Executives See Total Compensation Rise

by Lance Turner 3/25/2015 03:15 pm

Two top executives at Murphy USA Inc. of El Dorado received boosts to total compensation in 2014, according to the company's proxy filed Thursday with the U.S. Securities and Exchange Commission.

Arkansas House Members Approve Capital Gains Tax Break

by Associated Press 3/25/2015 03:05 pm

Arkansas House members have passed a bill to restore a capital gains tax break that had been reduced to help pay for a middle class income tax cut proposed by Gov. Asa Hutchinson.

Johnny Key Named Arkansas Education Commissioner

by Associated Press 3/25/2015 03:01 pm

Former Arkansas state Sen. Johnny Key has been named commissioner of the Arkansas Department of Education.

Harold Boldt Is Resigning as Texarkana City Manager

by Sean Beherec 3/25/2015 01:50 pm

Harold Boldt's announcement came immediately after the city board's approval of a $220,000 settlement of a whistleblower lawsuit filed by former city clerk Patti Grey.

Arkansas House Panel Rejects Move to Separate Lee, King Holiday

by Associated Press 3/25/2015 10:43 am

An Arkansas House committee has rejected another attempt to end the state's joint celebration of civil rights icon Martin Luther King Jr. and Confederate Gen. Robert E. Lee.

Arkansas Personal Income Up 3 Percent in 2014

by Arkansas Business Staff 3/25/2015 10:41 am

Arkansas' state personal income rose 3.1 percent in 2014, according to the latest report by the Bureau of Economic Analysis at the U.S. Department of Commerce.

Fayetteville Couple Create Endowed Engineering Scholarship

by Associated Press 3/25/2015 10:26 am

A Fayetteville couple is donating $100,000 to establish a scholarship in electrical engineering at the University of Arkansas.

Video: Mavis Lindsey on the Closure of Lindsey's Resort

by Lance Turner 3/25/2015 10:16 am

Arkansas Business news partner THV 11 News talks to Mavis Lindsey about the closure of Lindsey's Resort in Heber Springs after 50 years in business.

Texarkana Company Gets $25M to Boost Broadband Internet

by Associated Press 3/25/2015 09:44 am

The federal agriculture department has announced a $25 million loan to a Texarkana cooperative to boost broadband Internet service in the southwest Arkansas area.

Little Rock Burgundy Book Shows Optimism

by Arkansas Business Staff 3/24/2015 02:51 pm

The Federal Reserve Bank of St. Louis' latest Burgundy Book showed "improving optimism" in the Fed district's Little Rock Zone, which includes all but the northeast part of the state.

MISO Unveils $22M Operations Center in Little Rock

by Kelly P. Kissel, The Associated Press 3/24/2015 01:51 pm

A nonprofit company that manages the power grid from the Gulf Coast to Manitoba says a new Little Rock operations center will help keep utility costs down.

Tax Credit for Low-Income Arkansans Rejected by House Panel

by Andrew DeMillo, The Associated Press 3/24/2015 01:49 pm

An Arkansas House panel has rejected a proposal to give tax credits to low-income residents, despite complaints by Democrats that the Legislature hasn't helped the state's poorest residents with its tax cut package.