Today's News

Acxiom Finalizes $190M Sale of IT Management Business

by Lance Turner 8/3/2015 11:31 am

Acxiom Corp. of Little Rock has finalizes the $190 million sale of its IT Infrastructure Management business to Charlesbank Capital Partners of Boston and New York and M/C Partners.

US Consumer Spending Edges Up in June

by Associated Press 8/3/2015 10:58 am

Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items.

University of Arkansas Hosting Football Dinner Aug. 28

by Associated Press 8/3/2015 10:27 am

The University of Arkansas will hold its seventh annual Razorback Football Kickoff Dinner for fans later this month in Springdale.

UA Launching New Research Center with Federal Grant

by Arkansas Business Staff 8/3/2015 10:04 am

The Center for Advanced Surface Engineering will partner with Arkansas industries and create new products for use in manufacturing, aerospace and defense, agriculture, forestry, oil and gas, food packaging and health care.

Del Frisco's Grille, Heading to Promenade in Little Rock, Hiring 120

by Alexis Hosticka 8/3/2015 09:47 am

Publicly traded restaurant chain Del Frisco's Grille said Monday that it plans to hire 120 employees for its new Little Rock location scheduled to open in September.

ArcBest Names 2 New Board Members

by Alexis Hosticka 8/3/2015 09:31 am

ArcBest Corp. of Fort Smith, the publicly traded trucking and logistics firm, announced two new members to its board of directors, Kathy D. McElligott and Stephen E. Gorman, effective July 28.

Obama Orders Steeper Cuts from Power Plants

by Associated Press 8/3/2015 07:49 am

Aiming to jolt the rest of the world to action, President Barack Obama moved ahead Sunday with even tougher greenhouse gas cuts on American power plants, setting up a certain confrontation in the courts with energy producers and Republican-led states.

July Survey Suggests Economic Slowdown Ahead for Midwest

by Associated Press 8/3/2015 07:34 am

A July survey suggests there will be slow to no economic growth over the next three to six months in nine Midwest and Plains states.

ArcBest 2Q Net Income Up 16 Percent

by Lance Turner 8/3/2015 07:21 am

ArcBest Corp. of Fort Smith on Monday reported second-quarter net income of $19.9 million, or 74 cents diluted earnings per share, up 16 percent from $17.2 million, or 63 cents, in the same quarter last year.

Tyson Foods' Net Income Up 32 Percent, But Beef Market Cuts Forecast

by Marty Cook and Lance Turner 8/3/2015 07:01 am

Tyson Foods Inc. of Springdale on Monday reported third-quarter net income of $343 million, or 83 cents per share, up 32 percent from $260 million, or 73 cents per share, during the same quarter last year.

State Chamber Investigation Follows Resignation of SVP Susie Marks

by Arkansas Business Staff 8/3/2015 12:00 am

Susie Marks resigned suddenly as senior vice president of programs for the Arkansas State Chamber of Commerce in June, and that resignation has been followed by an investigation into missing money.

Chef Lee Richardson May Be Ready to 'Cache' In

by Arkansas Business Staff 8/3/2015 12:00 am

An announcement may be coming that Chef Lee Richardson, the celebrated former executive chef at the Capital Hotel, is taking his talents (in some form) to Cache, the restaurant owned by Rush Harding and his son, Payne.

Lawsuit, Liens Hit Scott Reed's Main Street Projects

by George Waldon 8/3/2015 12:00 am

Contractors have more than $1.5 million in claims for unpaid work on two unfinished Main Street redevelopments in downtown Little Rock. The liens and lawsuit add to a track record of overreaching, underfinanced, subsidy-supported development in the city.

Mike Huckabee Earned Nearly $4M from Speeches, Publishing in 2014

by Associated Press 8/2/2015 01:11 pm

Former Arkansas Gov. Mike Huckabee in 2014 earned nearly $1 million from giving speeches and nearly $3 million from a publishing company that he runs, according to financial records filed Friday.

Panel Buys Governor Time on Common Core Debate (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 8/2/2015 01:08 pm

Gov. Asa Hutchinson said he wanted his Common Core task force to come up with an "Arkansas solution" as it waded into the debate over standards that have come under fire from many conservatives. Instead of solving a problem, the panel just bought him more time.

Gearhart Leaves after 7 Years Leading University of Arkansas

by Kelly P. Kissel, The Associated Press 8/2/2015 01:06 pm

G. David Gearhart wrapped up a seven-year tenure as chancellor of the University of Arkansas hopeful that a state with few college graduates will push more of its children into higher education.

Hillary Clinton Releases Tax, Health Records on Busy Friday

by Associated Press 7/31/2015 04:57 pm

Hillary Rodham Clinton is in "excellent physical condition and fit to serve as president," her physician declared Friday — just one in a flood of disclosures about the Democratic presidential candidate pushed out by her campaign on a busy summer day.

John Boozman: States Need More Flexibility in Nutrition Bill

by Andrew DeMillo, The Associated Press 7/31/2015 04:49 pm

States need to be given more flexibility in how they administer child nutrition programs as the funding bill comes up for renewal this fall, U.S. Sen. John Boozman said Friday.

Arkansas Children's Hospital Eyes Northwest Arkansas

by Mark Friedman 7/31/2015 04:33 pm

Arkansas Children's Hospital in Little Rock said it could release plans next week for providing service in northwest Arkansas.

Bear State Posts $2.5M Profit in 2Q

by Mark Carter 7/31/2015 02:37 pm

Bear State Financial Inc. of Little Rock, the publicly traded holding company for Bear State Bank, announced Friday second quarter 2015 earnings of $2.5 million.