Today's News

Mail Fraud Charges Dropped Against Martha Shoffner

by Associated Press 11/26/2014 03:56 pm

A federal judge dismissed mail fraud charges against a former Arkansas treasurer Wednesday and directed officials to work on recommendations for a penalty for her previous conviction on 14 bribery and extortion counts.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

Picasolar Gets New Funding, Works to Scale Innovative Solar Cell

by Mark Carter 11/26/2014 09:31 am

Fresh off a new round of federal SunShot Initiative funding and a $1.2 million round of equity capital, Fayetteville's Picasolar will spend the next 10 to 12 months scaling its solar cells to meet the industry standard.

J.B. Hunt's Kirk Thompson Appointed to Rand Logistics Board of Directors

by Lee Hogan 11/26/2014 09:29 am

Kirk Thompson, chairman of the board at J.B. Hunt Transport Services Inc. of Lowell, has been appointed to the board of directors at Rand Logistics Inc. of New York City.

High Court to Review EPA Mercury Limits

by Mark Sherman, The Associated Press 11/25/2014 04:42 pm

The Supreme Court is stepping into a new case about Obama administration environmental rules, agreeing to review a ruling that upholds emission standards for mercury and other hazardous air pollutants from coal- and oil-fired power plants.

Federal Judge Overturns Arkansas' Gay Marriage Ban

by Associated Press 11/25/2014 04:39 pm

A federal judge has struck down Arkansas' gay marriage ban, which could pave the way for county clerks to eventually resume issuing licenses.

HP Earnings Miss Estimates, Show Continued Struggle

by Associated Press 11/25/2014 04:12 pm

Hewlett-Packard Co.'s latest earnings report shows that despite three years of efforts to turn its business around, the venerable tech giant still has a lot more work ahead.

Wal-Mart's Top Merchant Out as Key Holiday Nears

by Associated Press 11/25/2014 04:10 pm

Wal-Mart's chief merchandising officer for its namesake U.S. division has left as the discounter makes leadership changes to perk up sales as the holiday shopping season revs up.

US Attorney Files to Dismiss Mail Fraud Charges Against Martha Shoffner

by Gwen Moritz 11/25/2014 03:28 pm

U.S. Attorney Chris Thyer of the Eastern District of Arkansas says his office has filed a motion to dismiss the mail fraud charges against former Arkansas Treasurer Martha Shoffner.

Joe Thompson To Leave Surgeon General Post; John Selig Asked to Stay at DHS

by Arkansas Business Staff 11/25/2014 02:18 pm

Arkansas Surgeon General Joe Thompson said Tuesday he will not serve in the role under Gov.-elect Asa Hutchinson.

Sierra Fowler Named Interim Executive Director at Farm & Food Innovation Center

by Arkansas Business Staff 11/25/2014 01:18 pm

The Farm & Food Innovation Center Inc. of North Little Rock has named Sierra Fowler as its interim executive director.

Arkansas Electric Cooperative Corp. Adds to Wind Energy Portfolio

by Arkansas Business Staff 11/25/2014 11:15 am

The Arkansas Electric Cooperative Corp. has reached an long-term power purchase agreement with the Origin Wind Farm in southeast Oklahoma for it to provide 150 megawatts of wind energy.

Duncan Mac Naughton Out as Wal-Mart Chief Merchandising Officer

by Lee Hogan 11/25/2014 10:53 am

Just days before Black Friday, the world's largest retailer has lost its chief merchandising officer for U.S. stores.

UALR School of Mass Communication Gets $1.4M Bequest from Winn Trust

by Arkansas Business Staff 11/25/2014 10:09 am

The University of Arkansas at Little Rock School of Mass Communication has received a $1.4 million bequest from the Johnnie A. Winn Revocable Trust.

Civik Connects Legislators, Constituents Through Targeted Surveys

by Mark Carter 11/25/2014 09:27 am

Trent Atwood's Civik enables elected officials to use targeted questions, based on ZIP code or demographics, to survey constituents on specific issues.

US Economy Grew at 3.9 Percent Rate in 3Q

by Associated Press 11/25/2014 08:30 am

The U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in more than a decade.

Blue & You Foundation Gives $2.6M in Grants

by Associated Press 11/25/2014 07:48 am

The Blue & You Foundation for a Healthier Arkansas has awarded more than $2.6 million in grants to 35 health improvement programs in Arkansas.

Arkansas Lawmakers Examine Prison Options

by Andrew DeMillo, The Associated Press 11/24/2014 03:46 pm

Sending some inmates to a private facility, using abandoned school buildings and expanding alternative sentencing programs are among the options being detailed in a report to Arkansas lawmakers on prison overcrowding.

Asa Hutchinson Announces Senior Staff Hires

by Lee Hogan 11/24/2014 02:10 pm

Republican Gov.-elect Asa Hutchinson has announced additional senior staff hires, including Duncan Baird of Lowell as budget director.

Asa Hutchinson Names Duncan Baird Budget Director

by Associated Press 11/24/2014 01:42 pm

Arkansas Gov.-elect Asa Hutchinson says a key legislative leader will be his budget director after he takes office next year.