Today's News

Lawmakers Decline to Approve Lottery Ad Contract

by Kyle Massey 1/18/2017 11:51 am

After grilling Lottery Director Bishop Woosley and State Procurement Director Edward Armstrong for nearly an hour over the process that awarded a $34.5 million, five-year lottery advertising contract to CJRW, a legislative subcommittee votes not to approve the contract. Later, the full committee kicks the matter back to the subcommittee.

Asa Hutchinson Vows to Seek Deeper Tax Cuts in 2 Years

by Andrew DeMillo, The Associated Press 1/18/2017 10:52 am

An Arkansas Senate panel has advanced Gov. Asa Hutchinson's $50 million proposal to cut income taxes for more than 600,000 low-income residents.

With Job Announcements, Firms Appear to Seek Trump's Approval

by Associated Press 1/18/2017 10:47 am

From Wal-Mart to General Motors to Amazon, a growing number of the world's largest companies appear to be trying to get in step with President-elect Donald Trump's demand that employers hire and keep jobs at home.

CTEH Adds California Office

by Gwen Moritz 1/18/2017 10:14 am

The Center for Toxicology and Environmental Health LLC, which is based in North Little Rock, has added an office in southern California to its growing network.

Travel Nurse Across America Acquires Trinity Healthcare

by Arkansas Business Staff 1/18/2017 09:41 am

Staffing agency Travel Nurse Across America of North Little Rock buys Trinity Healthcare Staffing Group of Florence, South Carolina.

Hickingbotham Investments Buys Landers Harley-Davidson

by Sarah Campbell 1/18/2017 09:18 am

Hickingbotham Investments Inc. of Little Rock agrees to purchase Landers Harley-Davidson of Little Rock and Conway from RML Automotive of Lewisville, Texas.

Arkansas Lawmakers Advance Junk Food Ban for Food Stamps

by Andrew DeMillo, The Associated Press 1/18/2017 06:59 am

Arkansas would ban food stamps from being used to purchase soda or junk food under a proposal endorsed by a legislative committee Tuesday, joining a list of Republican-led states hopeful the Trump administration will allow such restrictions to the federal program.

Arkansas House OKs Delay in Medical Marijuana Launch

by Andrew DeMillo, The Associated Press 1/18/2017 06:51 am

The Arkansas House voted Tuesday to delay the launch of the state's voter-approved medical marijuana program and ease a restriction on doctors who certify a patient is eligible to use the drug.

Texas, Arkansas, 12 Others Sue to Block Obama Coal Mining Rule

by Associated Press 1/18/2017 06:50 am

Texas and 13 other states have asked a federal court to block final rules from President Barack Obama's administration designed to reduce coal mining's impact on streams.

Icon Communications Executive Houser Pleads Guilty to Mail Fraud

by Gwen Moritz 1/17/2017 05:53 pm

Blaine Francis Houser, a senior vice president of Icon Communications in Russellville, waived indictment and pleaded guilty Tuesday to a single count of mail fraud in a case that cost his employer more than a quarter million dollars.

Magna IV Founder Gary Middleton Dies

by Kyle Massey 1/17/2017 04:38 pm

Middleton, who founded the Little Rock printing and marketing business in 1975 and built it into a multifaceted 70-employee company, was 69 years old.

Walnut Ridge Mayor Wants Consolidation of Cities

by Associated Press 1/17/2017 03:26 pm

The city of Walnut Ridge is hoping to consolidate with another city this year with the intention of growing economically and improving quality of life.

Vixiar Medical Names New CEO

by Arkansas Business Staff 1/17/2017 01:17 pm

Vixiar Medical of Annapolis, Maryland, announces the appointment of Kevin Thibodeau as its CEO, effective immediately.

Williams Baptist College Gets $2.9M from Toney Estate

by Arkansas Business Staff 1/17/2017 10:49 am

Williams Baptist College of Walnut Ridge receives $2.9 million from the estate of Jonesboro businessman Clifford Toney.

Bank of the Ozarks Posts Record 4Q, Yearly Net Income

by George Waldon 1/17/2017 09:56 am

Bank of the Ozarks Inc. on Tuesday announced record fourth quarter net income of $87.8 million, a 71 percent increase from quarterly net income of $51.5 million a year ago.

SPONSORED: Four Essential Team Members Every New Business Needs

by 1/17/2017 08:00 am

Forming the proper team and doing your research are vital to getting a new business off the ground. Here are the four teammates you have to recruit first.

Wal-Mart Plans 10K New Retail Jobs, $6.8B in US Spending

by Associated Press 1/17/2017 06:52 am

Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations. The world's biggest retailer says its plans will also generate about 24,000 construction jobs, even as it opens fewer stores in the coming fiscal year.

State Chamber Drafting Bill to Clarify Marijuana Law for Employers

by Sarah Campbell 1/16/2017 11:07 am

The Arkansas State Chamber of Commerce and Cross Gunter Witherspoon & Galchus of Little Rock are working on legislation to clarify elements of the state's new medical marijuana law.

Townsend Wolfe Dies; Memorial Service Today

by Jan Cottingham 1/16/2017 10:05 am

Townsend Wolfe, the retired longtime director of the Arkansas Arts Center and a transformative figure on the arts in Arkansas, died Saturday at his home in Little Rock.

Simmons First Names Jerry Hunter, Mindy West to Board

by Arkansas Business Staff 1/16/2017 09:37 am

Simmons First National Corp. of Pine Bluff announced Friday the addition of Jerry M. Hunter of St. Louis, Missouri, and Mindy West of El Dorado to its board of directors.