Today's News

Trump Acts to Advance Keystone XL, Dakota Access Pipelines

by Associated Press 1/24/2017 11:32 am

Dealing a blow to former President Barack Obama's legacy on climate change, President Donald Trump signed executive actions Tuesday to advance the construction of the Keystone XL and Dakota Access oil pipelines.

Farmers Bank & Trust Names Chris Gosnell CEO

by Arkansas Business Staff 1/24/2017 11:21 am

Farmers Bank & Trust of Magnolia says its board of directors has named Chris Gosnell president and CEO, effective immediately.

Windstream Eliminates 164 Jobs, 25 in Little Rock

by Sarah Campbell 1/24/2017 11:04 am

Windstream Holdings Inc. of Little Rock says it will cut 164 positions, including 25 in Little Rock.

UA Names Mark Power Vice Chancellor for Advancement

by Arkansas Business Staff 1/24/2017 10:33 am

The University of Arkansas on Tuesday named Mark Power vice chancellor for University Advancement. He has been interim vice chancellor since August, following the resignation of Chris Wyrick.

Arkansas House Restricts 2nd Trimester Abortion Procedure

by Andrew DeMillo, The Associated Press 1/24/2017 06:51 am

Arkansas would become the third state in the nation to ban a common second trimester abortion procedure under a measure approved by the House on Monday, a move opponents blasted as unconstitutional.

Simmons to Buy Fort Worth Bank in Third Deal Since November

by Arkansas Business Staff 1/23/2017 05:06 pm

Simmons First National Corp. of Pine Bluff announced Monday a $462 million cash-and-stock deal to acquire First Texas BHC Inc. of Fort Worth and its $2 billion-asset subsidiary Southwest Bank. "We now have the opportunity to substantially grow our presence in the Fort Worth metropolitan area by joining with one of the best run, most respected financial organizations in Texas," Makris said.

Conductor Partnership to Host Angel Network Events

by Arkansas Business Staff 1/23/2017 03:10 pm

The Conductor, a public-private partnership, announces plans to host Conductor Angel Network receptions starting Feb. 7 in Conway.

Lawmakers Approve Governor's $50M Tax Cut

by Andrew DeMillo, The Associated Press 1/23/2017 02:23 pm

Arkansas lawmakers have approved Gov. Asa Hutchinson's $50 million low-income tax cut plan, setting the stage for a debate over deeper tax reductions the Republican has vowed to champion in two years.

Trump Moves to Pull US Out of TPP, Signals Tax for Putting Manufacturing Overseas

by Associated Press 1/23/2017 11:21 am

President Donald Trump moved to pull the United States out of the proposed Trans-Pacific Partnership trade pact Monday, fulfilling a campaign promise as he began his first full week in office.

Sarah Kinser Takes Top Post in Arkansas PR Society

by Kyle Massey 1/23/2017 11:18 am

The state chapter of the Public Relations Society of America installed its 2017 officers, including Kinser, of the Arkansas Community Foundation, as president.

As Arkansas Lottery's Luster Fades, Numbers Signal Challenges

by Kyle Massey 1/23/2017 12:00 am

In the years since the first tickets were sold in 2009, the lottery has lost much of its glossy newness, leaving hard numbers to do the talking.

John Rogers' Creditors Line Up For $1.5 Million

by George Waldon 1/23/2017 12:00 am

The battle over the biggest asset remaining from John Rogers' murky business dealings and insolvent ventures begins next week in Little Rock.

Regions Center Consultant: 'Improper Actions' Led to Bankruptcy

by Arkansas Business Staff 1/23/2017 12:00 am

The owners of the 30-story Regions Center in downtown Little Rock weren't able to refinance a $32 million loan before it matured on Sept. 1. That put the owners on the road to bankruptcy court.

Financial Trouble Among Competing Convention Centers Split in Texarkana

by Arkansas Business Staff 1/23/2017 12:00 am

MidSouth Bank of Lafayette will be paid proceeds from the sale of a Texarkana hotel which was sold through the bankruptcy of convention center investor Dr. Hiren Patel.

Lottery Scholarship Has Evolved Since Halter's First Proposal

by Kyle Massey 1/23/2017 12:00 am

It was late 2005 or early 2006, Bill Halter recalled, and he had decided to run for lieutenant governor. His vision was to rally Arkansans to a cause: a lottery to provide money for college scholarships.

Case Closed: The Final Orders of Four John Rogers Lawsuits

by George Waldon 1/23/2017 12:00 am

Though dormant on the court dockets, some lawsuits against John Rogers and his business ventures remain technically active.

Hidden Figures (Gwen Moritz Editor's Note)

by Gwen Moritz 1/23/2017 12:00 am

Companies provide 401(k) plans for all the right reasons, but in doing so, employers also take on a fiduciary responsibility for making smart choices.

Obama was Unpopular in Arkansas, but Legacy Hazy (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 1/22/2017 12:09 pm

Barack Obama left the White House on Friday with a low approval rating in Arkansas. His legacy, after eight years in office, is hazy as Donald Trump begins serving as the nation's 45th president.

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.

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