Today's News

Today the USP is NQE (Jim Karrh On Marketing)

by Jim Karrh 5/20/2013 12:00 am

Take a moment to revisit an icon of advertising history, Rosser Reeves, and how a traditional assumption about persuading consumers applies today.

State Treasurer Martha Shoffner Arrested for Extortion by FBI

by Arkansas Business Staff 5/18/2013 07:34 pm

Arkansas Treasurer Martha Shoffner has been arrested for extortion by the Federal Bureau of Investigation. The arrest comes four months after Arkansas Business reported that Shoffner had been under criminal investigation.

At Annual Meeting, Dillard's Mulls What to Do With Cash

by Mark Friedman 5/18/2013 11:04 am

Dillard's Inc. CEO William Dillard II says the Little Rock department store chain will have to decide this year what to do with the cash it's generating.

Judge Grants Injunction in Arkansas Abortion Ban Case

by Jeannie Nuss, The Associated Press 5/17/2013 02:07 pm

A federal judge granted a request Friday to temporarily block enforcement of a new Arkansas law that bans most abortions 12 weeks into a pregnancy.

Troy Duke, L.R. Gardner Plan to Buy Bank of Rison

by Gwen Moritz 5/17/2013 11:38 am

Sigma Holdings Inc. of Little Rock, a newly formed investment company led by veteran Little Rock banker Troy Duke and Garland County businessman Lewis Ray "LR" Gardner, announce a deal to buy the Bank of Rison.

Arkansas Unemployment Rate Dips to 7.1 Percent in April

by Lance Turner 5/17/2013 11:17 am

Arkansas' unemployment rate dipped one-tenth of a percentage point from March to April, settling at 7.1 percent last month, according to a report by the state Department of Workforce Services.

Sine Die: Arkansas Lawmakers Formally End Legislative Session

by Associated Press 5/17/2013 11:03 am

The Arkansas Legislature wrapped up this year's legislative session Friday, passing a $4.9 billion budget and a package of $140 million in tax cuts as well as approving $125 million to help land a major employer for northeast Arkansas.

Davy Carter Named EVP for Home BancShares

by George Waldon 5/17/2013 09:33 am

Carter, who is serving his third term in the state legislature, formerly served as division president for Centennial Bank in Cabot, where he remains a member of the local bank board.

Davy Carter Won't Run for Governor in 2014

by Associated Press 5/17/2013 08:09 am

Arkansas House Speaker Davy Carter says he won't seek the Republican nomination for governor next year. Carter announced Friday he won't be joining the gubernatorial race.

State Takes Over Mineral Springs School District

by Associated Press 5/16/2013 03:42 pm

Arkansas has taken over the financially struggling Mineral Springs School District, dissolving the southwest Arkansas district's school board.

Study: Fracking Hasn't Polluted Arkansas Water

by Associated Press 5/16/2013 03:40 pm

A new study has found that natural gas drilling, or fracking, hasn't contaminated drinking water wells in Arkansas. But researchers say the geology there is more of a natural barrier to pollution than in other areas of shale gas drilling, such as Pennsylvania.

USA Truck Board Chairman Robert A. Peiser 'Hopeful' He'll Be Retained

by Chris Bahn 5/16/2013 11:13 am

Robert A. Peiser, the USA Truck Inc. board chairman who submitted a conditional resignation Wednesday, tells Arkansas Business that he's "hopeful" he'll be retained by the publicly traded Van Buren trucking firm.

NextGen Illumination Partners with Cherokee Nation for LED Manufacturing

by Arkansas Business Staff 5/16/2013 10:48 am

NextGen Illumination of Fayetteville has partnered with Cherokee Nation Industries to manufacture its LED lighting products.

Wal-Mart 1Q Sales Down 1.4 Percent But Profit Up; Mike Duke Cites 'Considerable Headwinds'

by Lance Turner 5/16/2013 07:08 am

Wal-Mart Stores Inc. of Bentonville reports a first-quarter same-store sales decline of 1.4 percent and earnings that narrowly miss analysts' expectations as its CEO cites "considerable headwinds" to top line sales.

Wal-Mart Buys Software Firms OneOps and TastyLabs

by Lance Turner 5/15/2013 03:57 pm

@WalmartLabs, the social media operation that's part of Wal-Mart Stores Inc.'s e-commerce division, purchased two software firms this week, OneOps and TastyLabs.

Acxiom 4Q Earnings Down 71 Percent

by Luke Jones 5/15/2013 03:26 pm

Acxiom Corp.'s fourth-quarter earnings were down 71 percent compared to the same quarter last year.

Dillard's 1Q Profit Another Record, Up 19 Percent

by Lance Turner 5/15/2013 03:14 pm

Dillard's Inc. of Little Rock reports first-quarter profit of $112.8 million, excluding one-time items, which is a 19 percent increase from the same time last year. First-quarter net sales reached $1.549 billion, flat compared to the same quarter last year and missing analysts' predictions by $6 million.

ASU Warns Bill Halter: Stop Using 'Arkansas Promise'

by Associated Press 5/15/2013 11:40 am

Arkansas State University is warning Bill Halter that it owns the trademark to the "Arkansas Promise Scholarship" and says the Democrat needs to stop using a similar phrase in his campaign for governor.

IABC Summer Camp in Little Rock to Explore Professional Change

by Arkansas Business Staff 5/15/2013 11:34 am

A summer camp by the Arkansas Chapter of the International Association of Business Communicators will explore how communication professionals, nonprofits and ad agencies can perform in a business world rocked by globalization and digitalization.

UA Building Successful Startups, This Year Led By Picasolar

by Mark Carter 5/15/2013 09:42 am

Startups launched from the Walton Business College at the University of Arkansas in Fayetteville are earning both accolades at national business-plan competitions and money as viable, high-growth businesses.