Today's News

Windstream Cuts 21 Jobs in Arkansas

by Sarah Campbell-Miller 9/21/2017 03:36 pm

Windstream Holdings Inc. of Little Rock cuts 21 positions in various workgroups in Arkansas, including 18 in Little Rock.

Menguin of Fayetteville Sold for $25M

by Sarah Campbell-Miller 9/21/2017 02:22 pm

Online tuxedo rental company Menguin Inc. of Fayetteville has been acquired for $25 million by competitor Generation Tux of Louisville, Kentucky.

Kenneth James to Retire from AAIMS

by Arkansas Business Staff 9/21/2017 11:37 am

Kenneth James, president for the Arkansas Advanced Initiative for Math and Science, will retire from the organization on Dec. 31, the AAIMS announced Thursday.

Arlington Hotel Owner Hires Cromwell Architects to Assess Property

by Lance Turner 9/21/2017 11:23 am

The new owner of the Arlington Resort Hotel & Spa in Hot Springs hires Cromwell Architects Engineers of Little Rock to assess the property in light of safety concerns raised by the City of Hot Springs.

Arkansas Children's Nutrition Center Gets $7.4M Grant

by Arkansas Business Staff 9/21/2017 11:04 am

The Arkansas Children's Nutrition Center will receive $7.4 million from the U.S. Department of Agriculture through its Agricultural Research Service.

Former Mayor Jim Dailey Named State Tourism Director

by Kyle Massey 9/21/2017 07:04 am

After a night of toasts to longtime State Tourism Director Joe David Rice, former Little Rock Mayor Jim Dailey was named as his successor Wednesday at Robinson Center.

Fed Announces a Start to Modestly Reducing its Bond Holdings

by Associated Press 9/20/2017 02:59 pm

The Federal Reserve will begin shrinking the enormous portfolio of bonds it amassed after the 2008 financial crisis to try to sustain a frail economy. The move reflects a strengthened economy and could mean higher rates on mortgages and other loans over time.

Apartments, Day Care, Buildings Sold

by Sarah Campbell-Miller 9/20/2017 11:50 am

The purchase of a 49-unit apartment complex in Little Rock led a group of recent real estate transactions, weighing in at $925,000.

UA System Names Gina Terry as CFO

by Arkansas Business Staff 9/20/2017 11:15 am

University of Arkansas System President Donald R. Bobbitt names longtime senior audit director Gina Terry as chief financial officer for the UA System.

Del Monte Foods Sells Sager Creek, Siloam Springs Plant Closes

by Sarah Campbell-Miller 9/20/2017 09:58 am

Del Monte Foods Inc. of San Francisco sells its Sager Creek vegetable business to McCall Farms Inc. of Effingham, South Carolina, and that the sale will result in the closure of a production facility in Siloam Springs.

Wal-Mart to Offer Extra Holiday Hours for Current Workers

by Anne D'Innocenzio, The Associated Press 9/20/2017 07:09 am

Walmart won't be doing large-scale holiday hiring at its stores this year. Instead, like last year, it will offer extra hours to its current workers.

Asa Hutchinson, Senators Back Near Health Law Repeal Effort

by Associated Press 9/20/2017 07:08 am

Arkansas' Republican governor said Tuesday he backs a revived effort to repeal former President Barack Obama's health care law, and the state's two GOP senators said they also support the legislation.

USA Truck Names Harris VP of Maintenance

by Marty Cook 9/19/2017 04:26 pm

USA Truck Inc. of Van Buren named Jeff Harris as its vice president of maintenance.

Colliers International Arkansas Merges with Irwin Partners

by George Waldon 9/19/2017 04:18 pm

Irwin Partners of Little Rock is merging with the Colliers International Arkansas effective Oct 2.

Bank of the Ozarks Formally Announces New Headquarters

by Sarah Campbell-Miller 9/19/2017 02:09 pm

Bank of the Ozarks Inc. of Little Rock, which has been planning a new headquarters in west Little Rock, joined Gov. Asa Hutchinson and Little Rock Mayor Mark Stodola to formally announce those plans, including a timeline for construction and completion.

Judge: State Must Disclose Execution Drug Details

by Associated Press 9/19/2017 01:23 pm

An Arkansas judge says prison officials must release the package label from a recently acquired lethal injection drug, saying manufacturers don't enjoy the same secrecy as others under the state's execution procedures.

Competing Net Metering Proposals Filed With PSC

by Kyle Massey 9/19/2017 11:46 am

Two subgroups of a panel formed to make recommendations on the future of solar energy development in Arkansas have presented competing proposals to the state PSC, which has been studying net metering.

Commercial Vacancy in Northwest Arkansas is Lowest Since 2004

by Sarah Campbell-Miller 9/19/2017 11:32 am

In northwest Arkansas, the commercial real estate market's vacancy rate for the first half of 2017 is the lowest it has been since the inception of Arvest Bank's Skyline Report in 2004.

Williams & Anderson, Allen Law Firm Announce Merger

by Gwen Moritz 9/19/2017 11:15 am

Allen Law Firm will merge with Williams & Anderson effective Oct. 1, the two Little Rock law firms announced Tuesday.

Arkansas State Leases Land for Emergency Response Training

by Sarah Campbell-Miller 9/19/2017 10:53 am

Arkansas State University signs long-term lease agreements tied to its disaster preparedness training program with the cities of Imboden and Walnut Ridge.