Today's News

Arkansas Highway Commission Approves Bid for Interchanges

by Alexis Hosticka 7/28/2015 10:35 am

The Arkansas State Highway Commission has approved a $1.8 million bid for improvements to 25 interchanges on several highways in seven counties.

Zero Mountain Plans Expansion at Fort Smith Headquarters

by Mark Carter 7/28/2015 10:06 am

Zero Mountain Inc., which provides cold and dry storage warehousing, is planning a $14 million, 90,000-SF expansion and has acquired a 206,000-SF warehouse adjacent to its headquarters on Highway 45 South.

SPP: State-by-State Approach to Cutting Emissions Costly

by Mark Carter 7/27/2015 02:19 pm

Southwest Power Pool says the proposed federal Clean Power Plan will result in higher energy costs if instituted on a state-by-state basis.

Asa Hutchinson Seeks $7.4M to Open 200 Prison Beds

by Andrew DeMillo, The Associated Press 7/27/2015 01:01 pm

Gov. Asa Hutchinson says he's asking lawmakers to approve spending $7.4 million from Arkansas' discretionary funds to open 200 more prison beds in an effort to ease overcrowding of state inmates at county jails.

'Scooter' Stuart Family, Bank Reach Settlement Over $14.9M Forfeiture

by George Waldon 7/27/2015 12:45 pm

A tentative settlement has been reached in the civil forfeiture of $14.9 million seized from Layton "Scooter" Stuart and his estate. The development has led to the postponement of the scheduled start of a trial in U.S. District Court on Aug. 17.

Ross Whipple Family Gives $1.5M to Arkansas Children's Hospital

by Associated Press 7/27/2015 11:16 am

Arkansas Children's Hospital says it has received $1.5 million to help fund an endowed chair dedicated to research.

Party Dinners Illustrate Arkansas' Shift (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 7/27/2015 07:07 am

The back-to-back appearances in Arkansas by two of the biggest names in the 2016 presidential race illustrated how much the state's politics have shifted in recent years —┬ábut also how little has changed.

Third Lawsuit Opens Between Chambers Bank, Golden Family

by Arkansas Business Staff 7/27/2015 12:00 am

A third legal front has been opened in the financial disputes between Chambers Bank of Danville and the Lex Golden family of Little Rock.

AEDC Director's Wife Hired as Anchor for SSN Media

by Arkansas Business Staff 7/27/2015 12:00 am

The wife of Mike Preston, the new director of the Arkansas Economic Development Commission, has landed a new job. The television news personality was hired on at SSN Media Gateway at the end of June, according to Managing Partner Jeff Lyle.

With Operating Expenses Reduced, Soul of the South's Future Unclear

by Sean Beherec 7/27/2015 12:00 am

The fledgling television network is the subject of at least two lawsuits in federal court and has been notified it owes $250,000 on a loan from the state. But at least one board member says he is hopeful that good things are in the works.

Parents Sue Fayetteville School District Over Girls' Sports

by Mark Friedman 7/27/2015 12:00 am

The families of three Fayetteville High School softball players have hauled the Fayetteville School District into court over allegations that the district treats the boys' teams better than the girls'.

Bank Office Numbers in the U.S. Outpace Population

by Arkansas Business Staff 7/27/2015 12:00 am

Despite the increased use of online and mobile banking, brick-and-mortar offices retain their dominance in the provision of banking services, at least for FDIC-insured institutions.

Community Banks Feel Regulatory Pinch

by Marty Cook 7/27/2015 12:00 am

The Dodd-Frank Act celebrated its fifth anniversary last week, but it's probably safe to assume many community bankers in Arkansas didn't feel like partying.

Simmons First National Ramps Up Growth Via Acquisition

by George Waldon 7/27/2015 12:00 am

Simmons First National Corp. covered some serious ground among growth-minded Arkansas lenders on the acquisition trail. Tandem out-of-state, stock-swap purchases during the first quarter increased the size of the Pine Bluff bank holding company by a whopping 65 percent.

A Depressing Motivator (Gwen Moritz Editor's Note)

by Gwen Moritz 7/27/2015 12:00 am

Chances are students aren't being taught good economics principles at home. Their parents very likely don't understand money — and this is true even of parents who have adequate income. If parents don't budget, don't plan, don't prioritize, then children don't even know that they should — much less how to do it. Many families never discuss money with their children, even though money is a factor in virtually every facet of family life and the root of much household stress.

EquityNet's Judd Hollas Sees Plenty of Room in Crowdfunding

by Arkansas Business Staff 7/27/2015 12:00 am

Before founding EquityNet in 2005, Judd Hollas was division manager for Beta-Rubicon Inc. of Fayetteville, a consulting firm specializing in technology assessment and business due diligence services. He has 20 years of experience as an independent technology analyst and investment manager in the private and public domains.

Lessons From Amazon's Prime Day (Jim Karrh On Marketing)

by Jim Karrh 7/27/2015 12:00 am

What can the rest of us businesspeople learn from the success Amazon had selling so much stuff in one day? I believe Amazon's leadership made at least three good decisions when creating and planning its first Prime Day.

Former El Dorado Broker John L. Hill Barred From Industry for 18 Months

by Gwen Moritz 7/24/2015 03:52 pm

A former El Dorado stockbroker, John Lathern Hill, has agreed not to work in the securities industry in Arkansas for at least 18 months after regulators found that he had been making trades for other people while he was unregistered.

P. Allen Smith Talks Food Diversity at Little Rock's TEDx

by Mark Carter 7/24/2015 02:02 pm

TEDxMarkhamSt, Little Rock's first independently organized TED event, kicked off to a sold-out house at the Ron Robinson Theater in the River Market. Global gardening and lifestyle guru P. Allen Smith of Little Rock headlined the morning session.

John Rogers to be Released Today

by George Waldon 7/24/2015 12:07 pm

John Rogers will be released from the Pulaski County Regional Detention Facility today after agreeing to cooperate with First Arkansas Bank & Trust of Jacksonville.