Today's News

McLarty Automotive Plans $10M Dealership in Benton

by Arkansas Business Staff 9/21/2016 11:17 am

McLarty Automotive Group on Wednesday announces plans to build a new, 30,000-SF McLarty Nissan dealership off Interstate 30 in Benton.

Former Arkansas Gov. Mike Beebe Opposes Casinos Measure

by Associated Press 9/21/2016 11:06 am

Former Arkansas Gov. Mike Beebe is opposing a ballot measure that would legalize casinos in three counties. He said a statewide vote on the issue would run counter to the state's tradition of allowing local communities to decide whether to allow liquor sales.

Skyline Report: New Construction, Occupancy Strong in Northwest Arkansas

by Arkansas Business Staff 9/21/2016 11:01 am

The vacancy rate on commercial property in northwest Arkansas is 12.7 percent, up from 12.4 percent in the second half of 2015, according to the Arvest Bank's Skyline Reports for the first six months of 2016.

Crystal Bridges Announces First Recipient of $200K Don Tyson Prize

by Jan Cottingham 9/21/2016 10:34 am

Crystal Bridges Museum of American Art is giving the first Don Tyson Prize, a $200,000 award, to the Smithsonian Institution's Archives of American Art.

Rogers Airport Gets $5.8M Grant for Improvements

by Associated Press 9/21/2016 09:01 am

Members of Arkansas' congressional delegation announced Tuesday that the Rogers Executive Airport received the $5.8 million in funding from the Federal Aviation Administration.

Arkansas Among 21 States Suing to Block Overtime Pay Expansion

by Associated Press 9/20/2016 04:25 pm

A coalition of 21 states sued the U.S. Department of Labor Tuesday over a new rule that would make about 4 million higher-earning workers eligible for overtime pay.

Nucor Corp. Plans New $230M Mill at Blytheville, 100 Jobs

by Lance Turner 9/20/2016 04:01 pm

Nucor Corp. says it will add a $230 million cold mill to its Blytheville operation as it seeks to grow sales to the automotive market.

Bragg: Lottery Generated $35M in Scholarships for Sebastian County

by Marty Cook 9/20/2016 03:27 pm

The Arkansas Scholarship Lottery has meant millions for Sebastian County students and the University of Arkansas-Fort Smith since the lottery started Sept. 28, 2009, according to its director of advertising and marketing.

FedEx Opens Little Rock Ground Facility, Employs 175

by Alexis Hosticka 9/20/2016 02:50 pm

FedEx Corp. of Memphis marks the grand opening of its new 303,000-SF Ground facility in southwest Little Rock, where the company employs 175 people.

Bad Boy Mowers Begins Exports to Australia

by Lance Turner 9/20/2016 02:42 pm

Bad Boy Mowers of Batesville, which makes a range of zero-turn lawn mowers for residential and commercial use, has begun exporting mowers to Australia.

Restaurant Vets Jim Keet, Louis Petit to Open Petit & Keet Bar & Grill

by Jan Cottingham 9/20/2016 02:25 pm

Little Rock restaurateur Jim Keet is joining forces with restaurant industry veteran Louis Petit to open Petit & Keet Bar & Grill in the former 1620 Savoy at 1620 Market St. in west Little Rock. Keet expects renovations to take a couple of months and hopes to be open for business by mid-November.

Arkansas Travelers Sign as Farm Team with Seattle Mariners

by Arkansas Business Staff 9/20/2016 12:09 pm

The Arkansas Travelers Double-A Texas League baseball team has a new player development contract with the Seattle Mariners Major League team.

Little Rock Zoo Director Mike Blakely to Retire in October

by Arkansas Business Staff 9/20/2016 11:48 am

Little Rock Zoo Executive Director Mike Blakely says he will retire next month after 17 years leading the state's only accredited zoo.

Amfuel to Close Magnolia Plant, Move Operations to Texas

by Lance Turner 9/20/2016 11:40 am

American Fuel Cell & Coated Fabrics Co. of Magnolia is closing its plant in Magnolia, a move that will affect up to 300 jobs, as it brings a new plant online in Texas.

Whole Foods Reaches $3.5M Environmental Waste Settlement

by Associated Press 9/20/2016 10:24 am

Whole Foods Market Inc. has reached a $3.5 million settlement with regulators over the disposal of products that were once for sale but later classified as hazardous waste.

Bill Halter's Scenic Hill Solar Lands Big First Projects, With L'Oreal

by Kyle Massey 9/20/2016 09:39 am

Scenic Hill Solar, led by former Arkansas lieutenant governor Bill Halter, has landed big work for its first projects — the multimillion-dollar job of putting thousands of solar panels on two L'Oreal USA cosmetics factories in North Little Rock and Florence, Kentucky.

Arkansas Unemployment Rate Unchanged at 3.9 Percent

by Lance Turner 9/20/2016 09:28 am

Arkansas' August unemployment rate was unchanged at 3.9 percent, according to the state Department of Workforce Services.

Wal-Mart Completes $3B-Plus Purchase of Jet.com

by Anne D'Innocenzio, The Associated Press 9/20/2016 07:38 am

Wal-Mart completes its deal to buy fast-growing Jet.com for $3 billion in cash plus $300 million in stock, an acquisition aimed at helping the world's largest retailer attract younger and more affluent customers to drive online sales.

US Home Construction Slumped in August; Big Dip in the South

by Associated Press 9/20/2016 07:35 am

Southern homebuilders pulled back on construction in August, causing the pace of housing starts nationwide to fall to their lowest level in three months.

L'Oreal Building Solar Projects at Arkansas, Kentucky Plants

by Andrew DeMillo, The Associated Press 9/20/2016 06:45 am

L'Oreal USA says it is building thousands of solar panels at its facilities in Kentucky and Arkansas, a move the company says will create two of the biggest solar-powered projects in each state.