Today's News

Alice Walton Drops Rocking W Ranch Price to $16.5M

by Alexis Hosticka 5/27/2016 10:24 am

Alice Walton has dropped the price of her her 1,400-acre Texas ranch by $3.25 million after putting it up for sale in September 2015.

Peco Foods Plant Bringing 1,000 Jobs to Northeast Arkansas

by George Jared 5/27/2016 09:32 am

In 2014, Peco Foods Inc. announced it was building a massive poultry processing plant in Pocahontas. That project is now nearing completion and is expected to spur economic activity in the area.

Hutchinson Names 2, Promotes 2 at Arkansas Racing Commission

by Associated Press 5/27/2016 08:35 am

Gov. Asa Hutchinson has named two people to the Arkansas Racing Commission and moved two others into leadership roles with the panel.

No Daily Report on Memorial Day

by Arkansas Business Staff 5/27/2016 05:30 am

Arkansas Business will not publish its Daily Report and Morning Roundup e-newsletters on Memorial Day, and the three weekly e-newsletters scheduled for Monday afternoon will be sent later in the week.

Simmons First Increases Quarterly Dividend by 4.3 Percent

by Arkansas Business Staff 5/26/2016 04:19 pm

The Simmons First National Corp. board of directors declared a regular $0.24 per share quarterly cash dividend payable July 1, to shareholders of record June 15.

Sprint Hires Sales Directors for Regional Headquarters In Little Rock

by Sarah Campbell 5/26/2016 02:16 pm

Sprint Corp. of Overland Park, Kansas, announced Thursday the hiring of three sales directors who will report directly to South Central Region President Jonathan Blitz who runs the company's new regional headquarters in Little Rock.

Summer is Here, so are Arkansas Road Crews

by Associated Press 5/26/2016 02:06 pm

Just in time for the start of summer vacation, Arkansas highway crews will be closing lanes on interstate highways near Little Rock and Springdale.

UA System Board Votes to Partner With Pulaski Tech

by Alexis Hosticka 5/26/2016 01:17 pm

The University of Arkansas System board of trustees voted unanimously Thursday morning to enter into a formal partnership between Pulaski Technical College and the University of Arkansas System.

Arkansas Democrats Dropping Jefferson, Jackson From Dinner

by Associated Press 5/26/2016 12:55 pm

The Arkansas Democratic Party is joining a list of states dropping Thomas Jefferson and Andrew Jackson's names from their biggest annual fundraiser and has formed a committee to come up with a new name.

Our House Using New $1M Career Center for Increased Job Training

by Alexis Hosticka 5/26/2016 11:16 am

Our House opened a new, $1 million new Career Center on Wednesday, May 18, quadrupling the capacity of the previous space and allowing for as many as 120 people to participate daily in job training and career education.

Little Rock Startup Launches RaftUp App

by Sarah Campbell 5/26/2016 10:35 am

RaftUp gives boaters access to an interactive map while on the water and an SOS notification service that alerts nearby boaters and emergency services providers when they experience a breakdown or another emergency.

Court Upholds $3M Judgment Against Gerber Products Co.

by Associated Press 5/26/2016 10:18 am

Arkansas' highest court says a baby food manufacturer must pay more than $3 million to workers for the time they spent dressing and undressing into uniforms and protective gear.

USA Truck to Pay Former Executive $630,000

by Marty Cook 5/25/2016 02:38 pm

USA Truck Inc. of Van Buren will pay former executive Michael Borrows $630,000 as part of a separation agreement. Borrows stepped down as CFO after approximately 20 months in that position and announced his resignation from the company May 19.

UAMS Announces $1.6M in Grants From USDA

by Associated Press 5/25/2016 12:26 pm

The University of Arkansas for Medical Sciences says the U.S. Department of Agriculture is awarding $1.6 million in grants for simulation programs targeting improved health care in the Arkansas Delta.

Broadband Development Group, Provider Of Hyperleap Internet, Joins RasorNET

by Sarah Campbell 5/25/2016 12:17 pm

Broadband Development Group of Little Rock, which provides the fixed wireless broadband internet service called Hyperleap, announced this week that it has joined RasorNET, an Arkansas-based consortium of five regional carriers.

5 Companies Given Global Trade Awards, Trans-Pacific Partnership Touted

by Sarah Campbell 5/25/2016 09:10 am

Esterline Defense Technologies, CAT Squared, RH Preyda, Cobb-Vantress Inc. and Rock Town Distillery Inc. were recognized at an annual luncheon Tuesday.

Land in the Rock Program Helps Interns Connect, Plug Into City

by Alexis Hosticka 5/25/2016 08:36 am

Create Little Rock is providing a way for interns, law clerks, medical residents and new hires to get plugged in stay entertained during the summer through the annual Land in the Rock program.

SPONSORED: 3 Ways Wharton Business Scholars Challenge Retirement Thinking

by 5/25/2016 12:00 am

Conventional wisdom is being turned on its head in many ways these days. From politics to healthcare, there seems to be a revolution in thinking about how we arrive at the outcomes that are in our best interest.

4 Insurers Propose Rate Increases of at Least 10 Percent

by Associated Press 5/24/2016 04:33 pm

Four of the five insurers offering policies on Arkansas' insurance marketplace next year under the federal health law have proposed rate increases of at least 10 percent. The state has until Aug. 23 to approve rates for next year.

Be Pro Be Proud Initiative Receives $80K in Investments

by Arkansas Business Staff 5/24/2016 02:37 pm

The Arkansas State Chamber of Commerce and the Associated Industries of Arkansas announced Tuesday its acceptance of a $50,000 investment from the Gene Haas Foundation and a $30,000 investment from Tyson Foods Inc.