Today's News

Group Launches Ad Blitz in Arkansas Chief Justice Race

by Andrew DeMillo, The Associated Press 2/8/2016 04:11 pm

A Washington-based group has launched television ads portraying Arkansas Supreme Court Justice Courtney Goodson as being beholden to trial lawyers and criticizing the chief justice hopeful over gifts and campaign contributions she's received.

Arkansas State Receiving Grant for Innovation Work

by Associated Press 2/8/2016 03:43 pm

The U.S. Commerce Department says Arkansas State will receive grant money through a program to promote innovation.

Chesapeake Says It Has No Plans to File for Bankruptcy

by Associated Press 2/8/2016 11:27 am

Chesapeake Energy sought to assure investors Monday that it is not planning to file for bankruptcy protection after a news report saying it hired a law firm sent its stock plummeting.

Simmons Bank Drops National, Applies for State Charter

by Arkansas Business Staff 2/8/2016 12:00 am

Simmons First National Bank of Pine Bluff, the largest national bank chartered in Arkansas, filed a conversion application with the Arkansas State Bank Department.

Lawrence County Bank Gets Insurance Settlement in Embezzlement Case

by Arkansas Business Staff 2/8/2016 12:00 am

The Walnut Ridge lender received an insurance settlement of almost $2.7 million, pumped its equity capital back above $20 million and ended 2015 with net income of $1.27 million. That compares with $2.7 million in 2014.

Arkansas Sees Volume, Value of Biggest Deals Drop

by Jan Cottingham 2/8/2016 12:00 am

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story.

New UA Chancellor Joseph Steinmetz Wants to Invest in Students

by Marty Cook 2/8/2016 12:00 am

Joseph Steinmetz knows what he wants to do but hasn't figured out how he will do it. Steinmetz, 61, was named chancellor of the University of Arkansas at Fayetteville in October and moved into his new office in January. What Steinmetz wants to learn is where the money is and what it's spent on.

When Every Day's a Super Bowl (Ross Cranford Expert Advice)

by Ross Cranford 2/8/2016 12:00 am

Everybody knows that the Super Bowl is one of the most watched televised events of the year — 114.4 million viewers in 2015, the largest U.S. audience in history. And every client is now trying to reach customers where, increasingly, they live: on mobile devices. But as Facebook COO Sheryl Sandberg recently said, “We have a Super Bowl on mobile every day.”

Crawford: Cuban Market Could Boost Arkansas, But Leaders Must Act Fast

by George Jared 2/7/2016 12:42 pm

Cuba's dependence on outside food sources could provide a $36 million annual boost to Arkansas' economy, particularly farmers in northeast Arkansas.

Arkansas Up for Grabs After Huckabee Exit (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 2/7/2016 11:09 am

Former Gov. Mike Huckabee's exit from the presidential race could expose where the rifts lie in the Arkansas GOP.

Arkansas Supreme Court Race Pits Judge vs Little Rock Lawyer

by Andrew DeMillo, The Associated Press 2/7/2016 11:07 am

The race for an open seat on the Arkansas Supreme Court pits a state judge and ex-lawmaker who once advocated banning gays and lesbians from fostering and adopting children against a Little Rock lawyer who touts his lack of political experience as an asset.

Tyson Foods Stock Jumps on Record 1Q Earnings

by Alexis Hosticka 2/5/2016 09:44 am

Tyson Foods Inc. on Friday reported first quarter income of $461 million, up 49 percent from the same period in 2015.

Benton County Leads Home Sales; Washington County Shows Growth

by Arkansas Business Staff 2/5/2016 08:59 am

The number of homes sold in November 2015 increased by more than four percent compared to November 2014, according to a report distributed by the Arkansas Realtors Association Thursday.

US Adds Just 151K Jobs in January; 4.9 Percent Jobless Rate

by Associated Press 2/5/2016 07:41 am

U.S. employers added 151,000 jobs in January, a sharp deceleration from recent months as companies shed education, transportation and temporary workers.

Glen Barentine Named Interim Director for Hot Springs Airport

by Associated Press 2/5/2016 07:39 am

An interim director has been named for Hot Springs' airport following the retirement of George Downie.

Acxiom Reports 3Q Loss, But Revenue, Earnings Guidance Rises

by Lance Turner 2/4/2016 03:51 pm

Acxiom Corp. of Little Rock reports a third-quarter net loss of $1.4 million, but revenue rose 6 percent as the company's main operating segments each reported sales growth.

Hutchinson, AEDC Launch 'Arkansas Inc.' to Recruit, Retain Companies

by Alexis Hosticka 2/4/2016 02:10 pm

Gov. Asa Hutchinson and Arkansas Economic Development Commission Executive Director Mike Preston launch "Arkansas Inc.," a new brand campaign to recruit companies to Arkansas while encouraging those here to continue to grow.

Asa Hutchinson Calls Medicaid Meeting With Feds A 'Good Start'

by Associated Press 2/4/2016 02:08 pm

Arkansas Gov. Asa Hutchinson is calling his meeting with federal officials this week a "good start" to his proposal to add new limitations to the state's hybrid Medicaid expansion. The Republican governor told reporters Thursday he'll give lawmakers more details at a hearing Feb. 17 on the negotiations to keep the expansion and add new restrictions.

In Fort Smith, Developers Eye $5M Revamp of Historic Ward-Garrison Building

by Alexis Hosticka 2/4/2016 11:50 am

As demand for downtown housing increases in Fort Smith, two developers are mounting a $5 million renovation of the historic Ward-Garrison Building to create upscale apartments.

Arkansas GOP, Having Embraced Term Limits, Is Now Conflicted

by Andrew DeMillo, The Associated Press 2/4/2016 11:18 am

More than two decades after Arkansas became one of the first states to limit how long lawmakers could serve in the Legislature, Republicans who once championed the issue are conflicted.