Today's News

ConAgra to Sell Store-Brand Food Business

by Associated Press 6/30/2015 11:27 am

ConAgra Foods Inc. plans to sell its faltering business that makes store-brand packaged food just two years after spending $5 billion to beef it up by buying the private-label foodmaker Ralcorp.

New Construction Boosts Conway on Business Index

by Mark Carter 6/30/2015 09:37 am

New home construction boosted Conway to near the top of the Arkansas Tech Business Index for April 2015.

Tyson Foods to Hire 90, Spend $8M to Expand Kentucky Plant

by Lance Turner 6/30/2015 09:21 am

Tyson Foods Inc. of Springdale says its poultry plant in Robards, Kentucky, will hire 90 additional workers as the meat processor spends more than $8 million to install a new freezer and work stations.

Diane Gilleland on the 'Dramatic Change' of a Diverse Board of Directors

by Alexis Hosticka 6/30/2015 08:56 am

Diane Gilleland, an adjunct professor at UALR and an independent director for Navient Corp., talks to Arkansas Business about how the company worked to achieve more diversity on its board of directors.

Dow Drops 350, Sees Worst Day of Year as Greek Crisis Escalates

by Associated Press 6/29/2015 03:57 pm

Stocks are closing with their biggest losses of the year as investors worry about fallout from Greece's worsening debt crisis.

Cleburne County Clerk Will Resign Over Same-Sex Marriage Licenses

by Claudia Lauer, The Associated Press 6/29/2015 03:06 pm

A county clerk in Arkansas plans to resign effective June 30 because of a moral objection to issuing same-sex marriage licenses.

Chris Mathews Re-elected Port Authority Board Chair

by Arkansas Business Staff 6/29/2015 02:31 pm

Chris Mathews has been re-elected chairman of the Little Rock Port Authority Board of Directors. Mathews became chairman in 2014, and since joining the board in 2006 has served as treasurer and vice chairman.

Justices Rule Against EPA Power Plant Mercury Limits

by Associated Press 6/29/2015 11:53 am

The Supreme Court ruled Monday against the Obama administration's attempt to limit power plant emissions of mercury and other hazardous air pollutants, but it may only be a temporary setback for regulators.

Hark Announces Entrepreneurial Summer Tour of Southeast

by Mark Carter 6/29/2015 11:33 am

Hark announced that it will launch a six-week tour of the Southeast beginning in July in partnership with Bespoke Video Production of Little Rock.

Beer Wholesale Companies Consolidate to Form O'Connor Distributing

by Alexis Hosticka 6/29/2015 11:29 am

Three Lakes Distributing LLC Inc., Three Rivers Distributing LLC Inc., and White River Beverage LLC Inc. will begin operating as one company, O'Connor Distributing, effective immediately.

UAMS BioVentures Building Entrepreneur Support System

by Mark Carter 6/29/2015 11:07 am

Nancy Gray, the new director of the BioVentures business incubator at the University of Arkansas for Medical Sciences in Little Rock, is developing an entrepreneur-in-residence program to help mentor potential startup founders at the school.

Justices Uphold Use of Drug Implicated in Botched Executions

by Associated Press 6/29/2015 09:44 am

The Supreme Court upheld the use of a controversial drug in lethal injection executions Monday, as two dissenting justices said for the first time that they think it's "highly likely" that the death penalty itself is unconstitutional.

Acme Files New Suit Against Chambers in Branch Tussle

by Arkansas Business Staff 6/29/2015 12:00 am

Acme Holding Co., the parent company of the $107 million-asset Allied Bank of Mulberry, recently opened a new front in the ongoing financial dispute with its lead creditor.

Former Jennings Osborne Homes Getting New Owners

by Arkansas Business Staff 6/29/2015 12:00 am

Did you know a change of ownership is visiting two of the three Cantrell Road houses owned by the late Jennings Osborne?

Wal-Mart's Job 1 (Gwen Moritz Editor's Note)

by Gwen Moritz 6/29/2015 12:00 am

When Wal-Mart announced in February that it would raise the hourly pay of its lowest-paid employees to at least $10 within the following 12 months, I thought the company had finally decided its Everyday Low Price strategy might not be the be-all and end-all at Wal-Mart going forward.

Northwest Arkansas Transforming Into a Tech Hub

by Marty Cook 6/29/2015 12:00 am

Northwest Arkansas isn't California's Silicon Valley and has a long way to go before it can be considered remotely comparable, but technology industry leaders say the area is proving to be on the short list of best places in the field.

Wal-Mart SVP Rick Webb: NWA Needs Employees Educated in STEM

by Marty Cook 6/29/2015 12:00 am

Wal-Mart needs vast numbers of technologically advanced workers and needs them as soon as possible, says SVP Rick Webb.

Former Hogs QB Clint Stoerner Tangles with Former Business Partners

by Mark Friedman 6/29/2015 12:00 am

What started out as a perfect partnership between former Razorbacks star quarterback Clint Stoerner and three businessmen to form a Little Rock insurance agency has turned into a courtroom battle.

Cable TV Adapting To New Realities

by Gwen Moritz 6/29/2015 12:00 am

Sixty-seven years after its almost simultaneous development in Oregon, Pennsylvania and Arkansas, cable TV is old-school. The industry and business plan that Arkansas helped create are under pressure from then unimaginable competitors, and the infrastructure developed to deliver a broad menu of programming is being converted to other uses.

Modern Grid Improvements Drawing Billions of Dollars

by Sean Beherec 6/29/2015 12:00 am

In the utility industry, the ongoing pursuit of greater efficiency and reliability drives many large-scale capital improvements. From new computer modeling to upgrading building materials to maximize efficiency, utilities and operators around the state are focusing on ways to modernize the grid.

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