Today's News

Wal-Mart Criticizes 'Conscience Protection' Measure

by Andrew DeMillo, The Associated Press 2/25/2015 07:00 am

Wal-Mart on Tuesday criticized a "conscience protection" measure in the retail giant's home state that opponents say sanctions discrimination against gays and lesbians, while Arkansas Gov. Asa Hutchinson also expressed concerns about the legislation.

After Meeting with Governor, Dan Douglas Puts Highway Bill On Hold

by Associated Press 2/25/2015 06:56 am

An Arkansas lawmaker says a proposal to shift tax revenue from car-related items to highways is on hold as he tries to find changes that could win the support of Gov. Asa Hutchinson.

Schools Close Ahead of More Wintry #ARWX

by Associated Press 2/25/2015 06:53 am

Many Arkansas schools have canceled classes in advance of more wintry weather conditions. The Little Rock, North Little Rock and Pulaski school districts canceled classes.

Allegiant to Start Nonstop, Seasonal Flights from LIT to LAX

by Arkansas Business Staff 2/24/2015 03:23 pm

Allegiant Travel Co. says that on June 4 it will begin nonstop, seasonal jet service between Little Rock and Los Angeles.

Defying GOP, Obama Vetoes Keystone XL Pipeline Bill

by Associated Press 2/24/2015 03:06 pm

Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.

Bank Earnings Nationally Drop 7.3 Percent in 4Q

by Associated Press 2/24/2015 11:25 am

U.S. banks' earnings dropped 7.3 percent in the fourth quarter from a year earlier as a few big banks had increased costs to settle legal cases and the industry had declines in income from the mortgage business.

Janet Yellen Reiterates Fed's Patience in Raising Rates

by Associated Press 2/24/2015 11:24 am

Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but for now the Fed is sticking with patience in raising interest rates because the labor market is still healing and inflation is too low.

Survey: Uninsured Rate Hit New Low in 2014

by Associated Press 2/24/2015 11:06 am

Even as it faces another Supreme Court challenge, President Barack Obama's health care law has steadily reduced the number of uninsured Americans, according to an extensive survey released Tuesday.

Clinton National Airport Says 4 Flights Canceled Due to #ARWX

by Associated Press 2/24/2015 10:54 am

The Little Rock's Clinton National Airport says it is open but that four flights have been canceled so far.

UA Engineer Receives $500k for Wireless Sensor Networks Research

by Arkansas Business Staff 2/24/2015 10:40 am

University of Arkansas engineer Jing Yang has received a $500,000 federal grant to further develop sensing and transmission systems for energy-harvesting, wireless sensor networks, the university said Tuesday.

Wal-Mart Opposes Arkansas Law Some See as Allowing LGBT Bias

by Associated Press 2/24/2015 07:38 am

Wal-Mart Stores Inc. says it opposes a new law in its home state of Arkansas to ban cities and counties from expanding anti-discrimination protections to include sexual orientation and gender identity.

Pension Charge At Windstream Contributes to 4Q Loss

by Sean Beherec 2/24/2015 07:09 am

A non-cash charge related to the company's pension plan pushed Windstream Holdings Inc. of Little Rock into the red in its fourth quarter, resulting a net loss of $77.5 million, 13 cents per share.

Arkansas House Supports School District Formation Bill

by Associated Press 2/23/2015 04:06 pm

Arkansas House members have revived and advanced a bill to relax restrictions on the creation of new school districts.

Dillard's 4Q Net Income Up 9.5 Percent, Same-Store Sales Up 3 Percent

by Lance Turner 2/23/2015 03:19 pm

Dillard's Inc. of Little Rock on Monday reported fourth-quarter net income of $130.5 million, up 9.5 percent from $119.1 million.

Arkansas Bars Expanded Local Anti-Discrimination Laws

by Andrew DeMillo, The Associated Press 2/23/2015 03:17 pm

Arkansas has become the second state to ban local governments from expanding anti-discrimination protections to include sexual orientation and gender identity.

Don Walker Named Regional Executive at Arvest Bank

by Arkansas Business Staff 2/23/2015 02:44 pm

Don Walker has been named regional executive of Arvest Bank, the company announced Monday. Walker has been Arvest's market president in Tulsa since 1998.

Bourbon & Boots Launches Jewelry Line with Dillard's

by Mark Carter 2/23/2015 01:48 pm

Innovate Arkansas client firm Bourbon & Boots, from Little Rock entrepreneur Matt Price, has partnered with Dillard's, the department store chain based in Little Rock, to launch a new line of Southern-themed jewelry.

Auction of M.E. Black Farms Set for Tuesday

by George Waldon 2/23/2015 11:18 am

The countdown is under the 24-hour mark for the public auction of the M.E. Black Farms, expected by some to draw more than $50 million.

Merger Match Brings on Ken Clark as 'Chief Storyteller'

by Mark Carter 2/23/2015 10:17 am

Clark will consult with co-founders Bridget Farris and Alese Stroud and lead the development of strategic relationships for Merger Match's proprietary corporate acquisitions assessment tool.

Walmart Foundation's Kathleen McLaughlin to Deliver 'Food for Thought' at UA

by Arkansas Business Staff 2/23/2015 09:47 am

Kathleen McLaughlin, president of the Walmart Foundation and senior vice president for Walmart Global Sustainability, will provide a "Food for Thought" lecture at the University of Arkansas on March 3, the university announced Monday.