Today's News

Fed Signals Plan to Keep Key Rate at Record Low

by Associated Press 9/17/2014 01:12 pm

The Federal Reserve is signaling that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar.

Peter Banko to Oversee Multiple CHI Hospitals

by Gwen Moritz 9/17/2014 12:45 pm

Peter Banko, CEO of CHI St. Vincent in Little Rock since 2007, has been promoted by parent company Catholic Health Initiatives to oversee the hospitals in its east/southeast division.

Beaudet Aviation to Land at Little Rock, Create 75 Jobs

by Lance Turner 9/17/2014 11:20 am

Beaudet Aviation, a subsidiary of JCB Aero of Toulouse, France, says it will invest $2.5 million to open a facility in Little Rock, where it will be a key supplier to Dassault Falcon Jet.

Leaders Say New School District Will Boost Businesses in Jacksonville

by Lee Hogan 9/17/2014 10:44 am

More than 94 percent voted Tuesday for Jacksonville to separate from the Pulaski County Special School District and create its own school district. Leaders expect the move to provide a big boost for business in the city.

Backers Ask Court to Dismiss Alcohol-Sales Lawsuit

by Associated Press 9/17/2014 08:00 am

Backers of a measure that would legalize alcohol sales in all 75 Arkansas counties are asking the state's highest court to dismiss a lawsuit seeking to remove the proposal from the November ballot.

Freight Brokerage Company to Open Lowell Facility

by Associated Press 9/16/2014 03:28 pm

A freight brokerage company has announced plans to open an office in Lowell in northwestern Arkansas and hire up to 50 employees.

Arkansas Attorney General Released From Hospital

by Associated Press 9/16/2014 01:40 pm

Arkansas Attorney General Dustin McDaniel has been released from a Little Rock hospital after he was admitted a day earlier for an adverse reaction to a new medication.

Mark Pryor, John Boozman Introduce Bill to Help Farmers Affected by Turner Grain

by Lee Hogan 9/16/2014 01:31 pm

U.S. Sens. Mark Pryor and John Boozman have introduced a bill aimed at providing relief for farmers affected by the collapse of grain dealers.

NY: Wal-Mart Levied Fictional 'Sugar Tax' on Soda

by Associated Press 9/16/2014 01:09 pm

New York's attorney general has settled a false advertising investigation at Wal-Mart, saying stores were charging a nonexistent "sugar tax" on soda.

US CEOs Less Optimistic About Hiring, Spending

by Associated Press 9/16/2014 11:26 am

Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter.

Clear Channel Renamed iHeartMedia

by Associated Press 9/16/2014 11:18 am

Clear Channel, the largest radio station operator in the U.S., says it has renamed itself iHeartMedia to reflect its transformation into a multi-platform media company that includes iHeartRadio, its digital radio service.

David Allan Wins Again at Startup Weekend Little Rock

by Mark Carter 9/16/2014 10:51 am

David Allan has this Startup Weekend thing down. Allan and his Kick It Little Rock team won the latest Startup Weekend Little Rock held at Acxiom's corporate headquarters in the River Market.

ARK Challenge: Eatiply Founder Not Your Typical Young Entrepreneur

by Mark Carter 9/16/2014 10:32 am

David Woodberry isn't typical of the young entrepreneurs you'll find at startup accelerators like the ARK Challenge. Woodberry moved his family from their native Minneapolis to Little Rock to compete in the ARK and grow LinkedCause, which had already launched the TOMS Shoes-inspired Eatiply campaign.

Report: David Tovar Resigned From Wal-Mart Over Resume Falsehood

by Lee Hogan 9/16/2014 08:30 am

In an email to media Friday, David Tovar, vice president of communications for Wal-Mart Stores Inc. of Bentonville, announced he will be leaving the retail giant Sept. 30.

Governor's Quality Awards Go to 28 Arkansas Organizations

by Arkansas Business Staff 9/16/2014 08:28 am

The 20th annual event was held at the Marriott Hotel in downtown Little Rock before an audience of more than 400 business and civic leaders. In addition to recognizing the winers, 16 past awards recipients were recognized.

Asa Hutchinson Raised More Than $420K in August; Mike Ross Took In $370K

by Associated Press 9/16/2014 07:20 am

Republican gubernatorial hopeful Asa Hutchinson's campaign says he raised more than $420,000 in his bid for Arkansas' top office last month.

Arkansas Asks Court to Uphold Gay Marriage Ban

by Andrew DeMillo 9/15/2014 03:07 pm

A county judge was wrong to find that Arkansas' ban on same-sex marriage violated the state and federal constitutions, the attorney general's office argued Monday as it asked the state's highest court to uphold the prohibition.

Arkansas Requests Changes to 'Private Option'

by Andrew DeMillo 9/15/2014 03:05 pm

Arkansas is asking the federal government to allow changes to the state's compromise Medicaid expansion that would require some participants to contribute monthly to health savings accounts and would impose new limits on transportation for non-emergency services.

Mike Beebe Replaces Maggio Post, Names Others to Boards, Commission

by Arkansas Business Staff 9/15/2014 09:32 am

Gov. Mike Beebe on Monday appointed Michael Murphy of Conway to replace Mike Maggio as Circuit Judge in the 2nd Division Court of the 20th Judicial District.

Fort Smith Considers Fee Waiver for Osteopathic School

by Associated Press 9/15/2014 08:57 am

City leaders in Fort Smith are considering whether to waive $63,500 in fees for permits related to the construction of a new medical college.