Today's News

Arkansas Medical Marijuana Commission Members to be Named

by Associated Press 12/7/2016 06:51 am

Gov. Asa Hutchinson, Senate President Pro Tem Jonathan Dismang and House Speaker Jeremy Gillam are to announce the appointments Wednesday at the state Capital.

Murphy Oil Adds Keller to Board, Elevates 2 EVPs

by Kyle Massey 12/6/2016 04:25 pm

Murphy Oil Corp. of El Dorado says Elisabeth W. Keller has been elected to its board of directors, and that Eugene T. Coleman and Michael K. McFadyen have been made executive vice presidents.

$1M Land Deal Launches Trampoline Park in Fayetteville

by Marty Cook 12/6/2016 03:59 pm

Six-plus acres of land in uptown Fayetteville traded hands for a little more than $1 million and will be the site of a 28,000-SF trampoline park.

Arkansas Arts Center Picks Studio Gang to Design Expansion, Renovation

by Sarah Campbell 12/6/2016 03:45 pm

The Arkansas Arts Center in Little Rock selects Studio Gang of Chicago and New York as the design architect for a $46 million museum expansion and renovation.

Procter & Gamble Executive Joins Tyson Foods Board

by Arkansas Business Staff 12/6/2016 03:24 pm

Jeffrey K. Schomburger, global sales officer for Procter & Gamble, has been named to board of directors of Tyson Foods Inc. of Springdale.

Arkansas Scholarship Lottery Picks CJRW for $34.5M Contract

by Kyle Massey 12/6/2016 12:10 pm

Little Rock ad agency CJRW is the anticipated winner of a $34.5 million, five-year contract to provide advertising, marketing and public relations services for the Arkansas Scholarship Lottery.

UCA Gets $300K to Support Student Research

by Arkansas Business Staff 12/6/2016 11:32 am

The University of Central Arkansas in Conway gets $300,000 from Southwestern Energy Company to support undergraduate and graduate student research through a new endowed fund that bears the utility's name.

Little Rock Tech Park Announces First Tenants

by Sarah Campbell 12/6/2016 10:29 am

The Little Rock Technology Park announces the first slate of tenants moving into Phase 1 of its permanent offices at 415 and 417 Main St., which are set to open March 1.

Asa Hutchinson Seeks US Approval for Medicaid Changes

by Associated Press 12/6/2016 09:31 am

Arkansas Gov. Asa Hutchinson is meeting with officials in Washington as the state seeks approval for changes to its hybrid Medicaid expansion program.

Murphy Oil Subsidiary to Get 30 Percent Stake in Mexico Oil Venture

by Kyle Massey 12/6/2016 09:17 am

Murphy Oil Corp. of El Dorado expects its Mexican subsidiary, Murphy Sur, to be awarded a 30 percent stake in a joint deepwater oil exploration venture in the Gulf of Mexico.

Lyon College Names W. Joseph King President

by Arkansas Business Staff 12/5/2016 02:52 pm

Lyon College of Batesville announced Monday that its board of trustees selected W. Joseph King as its next president starting July 1.

Gov. Asa Hutchinson Announces Office of Transformation

by Associated Press 12/5/2016 02:52 pm

Gov. Asa Hutchinson has announced creation of an Office of Transformation to find ways to make government more efficient and to reduce costs.

UA Business Forecast Lunch Set for Jan. 27

by Arkansas Business Staff 12/5/2016 02:48 pm

The University of Arkansas' Center for Business & Economic Research will host its 2017 Business Forecast Luncheon from 11:30 a.m.-1:30 p.m. Jan. 27 at the John Q. Hammons Convention Center in Rogers.

AAA Says Arkansas Has Lowest Gas Price in US: Oklahoma 4th

by Associated Press 12/5/2016 11:54 am

Motorists in Arkansas are enjoying the lowest gas prices in the U.S., and those in Oklahoma aren't paying much more.

Tyson Foods Launches $150M Venture Capital Fund

by Lance Turner 12/5/2016 11:35 am

Tyson Foods Inc. of Springdale said Monday that it has a launched a $150 million venture capital fund, called Tyson New Ventures LLC, as it seeks to invest in innovative food companies and technologies.

Donna Smith Galchus of CGWG Dies

by Sarah Campbell 12/5/2016 11:27 am

Cross Gunter Witherspoon & Galchus P.C. of Little Rock announces the death of founding member Donna Smith Galchus. The firm said she died Dec. 4 following a brief illness.

Arkansas Dems Adjust to Role After Ranks Shrink (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 12/5/2016 06:54 am

From debates over a Republican push for more tax cuts to putting the spotlight on ethics legislation, top Democrats in the Legislature say there's still a chance to make a mark despite recent routs by the GOP.

Rickenbach To Offer Low Risk Status for No Prison at Wednesday Sentencing

by Arkansas Business Staff 12/5/2016 12:00 am

His testimony failed to convict his former co-workers, but Gary Rickenbach is still hoping to avoid prison time for his admitted role in a fraudulent loan made by One Bank & Trust when he was its senior executive vice president.

Randeep Mann's Case Against Pulaski County Jail Tossed

by Arkansas Business Staff 12/5/2016 12:00 am

Randeep Mann, the disgraced former doctor who is serving life in federal prison, saw his lawsuit against the Pulaski County Detention Facility and others thrown out last week.

PACE Financing Allows Aldersgate Apartments To Put Costs on Tax Bill

by Kyle Massey 12/5/2016 12:00 am

Pulaski County has given green building projects a lucrative green light, and developers of a west Little Rock apartment project have hit the accelerator.