Today's News

Deltic Posts Likely Last Profit as Separate Company

by Kyle Massey 2/15/2018 08:39 am

Deltic Timber Corp. of El Dorado closed out its final fiscal year as a separate entity on Wednesday, reporting a small fourth-quarter profit and a a $6.5 million profit for all of 2017.

Tyson Buys 3 Grain Elevators in Tennessee

by Arkansas Business Staff 2/14/2018 03:29 pm

Tyson Foods Inc. of Springdale announced Wednesday that its subsidiary has signed a definitive agreement to purchase three commercial grain elevators from the Grain Group of The Andersons Inc.

Jonesboro Native, Former Ambassador: Isolationism Not An Option

by Graycen Colbert Bigger 2/14/2018 01:51 pm

A former U.S. ambassador to Bulgaria who was part of diplomatic efforts in the Balkans in the late 1990s told a crowd at Arkansas State University that isolationism is not an option.

Rise in Core Consumer Prices Stokes Inflation Fears

by Associated Press 2/14/2018 11:03 am

U.S. consumer prices, excluding the volatile food and energy categories, rose 0.3 percent last month. That was the biggest climb in a year and has intensified inflation fears in financial markets.

Applied Process To Build Fort Smith Plant, Create 30 Jobs

by Arkansas Business Staff 2/14/2018 09:34 am

Applied Process Inc. of Livonia, Michigan, plans to build a multimillion-dollar, 51,000-SF treatment plant in Fort Smith and bring 30 new jobs to the city.

Sam's Club to Offer Free Shipping for Premium Members

by Associated Press 2/14/2018 06:49 am

Sam's Club is offering free shipping for premium members and simplifying its membership tiers.

GOP Votes in 3 Arkansas Races; Primary Set for Files' Seat

by Associated Press 2/13/2018 03:09 pm

Republican voters were selecting nominees for two state Senate seats Tuesday, along with a representative from the Marshall area.

Tom Garrison, Who Led American Freightways, Dies at 57

by Arkansas Business Staff 2/13/2018 01:51 pm

Thomas R. "Tom" Garrison, the former president and CEO of American Freightways Inc. of Harrison before its sale in 2001 to FedEx Corp., died Sunday. He was 57.

AEDC Names Clint O'Neal Executive Vice President of Global Business

by Arkansas Business Staff 2/13/2018 11:21 am

The Arkansas Economic Development Commission says Clint O'Neal will become the agency's executive vice president of global development effective March 19.

Where Cooper Meets Neal, Woods (Analysis)

by Gwen Moritz 2/13/2018 10:49 am

Like a Russian novel, overlapping federal criminal investigations in Missouri and Arkansas may need a cast of characters, and it's getting hard to identify either hero or victim.

John Eckart to Retire as Murphy Oil CFO

by Kyle Massey 2/13/2018 09:40 am

Murphy Oil Corp. of El Dorado is looking for a new chief financial officer to succeed John W. Eckart, who announced Monday that he plans to retire this year after 28 years at the company.

Oklahoma Pulling Up Red Carpet Offered to Wind Industry

by Associated Press 2/13/2018 07:01 am

In the early 2000s, policymakers in Oklahoma rolled out the red carpet for the burgeoning wind industry. But as the state's finances plunged into recession, lawmakers ended all state incentives and now are considering taxes on wind and caps on incentives.

After Crop Damage, Farmers Get Training on Using Dicamba

by Associated Press 2/13/2018 06:41 am

Tens of thousands of soybean and cotton farmers across the country are taking free but mandatory training in how to properly use a weed killer blamed for drifting and damaging crops in neighboring fields.

Arkansas Governor Backs Tax Cut For Top Earners

by Andrew DeMillo, The Associated Press 2/12/2018 04:49 pm

Arkansas' governor called for cutting income taxes for the state's top earners by $180 million on Monday, and said his plan to set aside surplus money will help set the stage for that reduction when lawmakers take up the proposal next year.

Ex-Arkansas Lawmaker Pleads Guilty in Charity Scheme

by Associated Press 2/12/2018 03:19 pm

A former Arkansas state representative has pleaded guilty to his role in an embezzlement scheme involving a Springfield, Missouri, charity.

Riverfest to Return Memorial Day Weekend

by Sarah Campbell-Miller 2/12/2018 01:45 pm

Riverfest will return to downtown Little Rock on Memorial Day weekend, thanks to a for-profit company that acquired naming rights for the annual festival after the nonprofit that ran it for 40 years called it quits in July.

Sunstar, in Growth Mode, Acquires WLR's Matson Agency

by Kyle Massey 2/12/2018 10:10 am

Keeping up an aggressive pace of growth, Sunstar Insurance Group LLC of Memphis has absorbed the business of the Matson Agency of west Little Rock, its second acquisition just this year.

Beleaguered Gunmaker Remington Points to Bankruptcy Court

by Associated Press 2/12/2018 09:31 am

Remington, the gunmaker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it files for Chapter 11 bankruptcy protection.

Democrats Eye Narrow Opening for House Seat in Arkansas (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 2/12/2018 07:13 am

A state legislator's decision to run for a U.S. House seat in central Arkansas is a sign that Democrats see a chance to reclaim what once had been a reliably blue district despite the state's shift to the right in recent years.

Medicaid Plan's Fate Uncertain as Arkansas Lawmakers Convene

by Andrew DeMillo, The Associated Press 2/12/2018 07:04 am

Arkansas' governor and legislative leaders hope to stay focused on the next state budget when they convene this week, but uncertainty looms about whether there will be enough support to keep the state's hybrid Medicaid expansion alive for another year.