Today's News

Asa Hutchinson Says Work to Continue after Faith Summit

by Andrew DeMillo, The Associated Press 8/27/2015 06:51 am

Gov. Asa Hutchinson says he wants the state to continue working with faith leaders about ways to address a shortage in foster homes and needs for re-entry programs for prisoners.

Former Little Rock School Board Member Dianne Curry Running for US House

by Andrew DeMillo, The Associated Press 8/27/2015 06:49 am

A former member of the Little Rock School Board said Wednesday she's running for a U.S. House seat in central Arkansas, the first Democrat to launch a congressional bid in the state for 2016.

Federal Appeals Court: Tyson Foods Doesn't Underpay Workers

by Associated Press 8/26/2015 03:13 pm

Tyson Foods doesn't have to pay workers at two of its Nebraska plants for the time they spend putting on and taking off safety gear and preparing for work, a federal appeals court ruled.

New Veterans Home Gets $15M Federal Grant

by Arkansas Business Staff 8/26/2015 02:30 pm

U.S. Senators John Boozman and Tom Cotton along with Congressman French Hill announced Wednesday a $15.6 million grant for the construction of a new veterans nursing home facility in Little Rock.

Lawyer Recuses from Representing Milligan

by Associated Press 8/26/2015 02:11 pm

A Benton attorney has recused himself from representing Arkansas Treasurer Dennis Milligan in a potential ethics complaint investigation, citing a conflict of interest.

Wal-Mart to Stop Selling AR-15s and Similar Weapons

by Claudia Lauer, The Associated Press 8/26/2015 01:33 pm

Wal-Mart says it will stop selling the AR-15 and other semi-automatic weapons at its stores because fewer people are buying them.

Hendrix College Gets Its Biggest Donation, $26M from Mary Ann Dawkins

by Alexis Hosticka 8/26/2015 11:23 am

Hendrix College, the private, liberal arts college in Conway, on Wednesday announced a $26 million donation — the biggest in its history — from the estate of Mary Ann Dawkins of Little Rock, who died in December.

Hot Springs Closes Deal on Majestic Hotel Complex

by Associated Press 8/26/2015 11:22 am

Hot Springs officials say the city has assumed ownership of the Majestic Hotel complex, which sustained major fire damage in a 2014 fire, after closing on a deal this week.

US Stocks Give Up Early Gains after Opening Surge

by Associated Press 8/26/2015 10:52 am

U.S. stocks are have surrendered some of their early surge at midday Wednesday after slumping for six straight days amid concern that growth in China was slowing more quickly than previously thought.

Crystal Bridges: Bachman-Wilson House to Open Nov. 11

by Arkansas Business Staff 8/26/2015 09:24 am

Crystal Bridges Museum of American Art in Bentonville said Wednesday that it plans to open the Frank Lloyd Wright-designed Bachman-Wilson House on Nov. 11.

Bradburys Give $500K for Art Museum at Arkansas State

by Mark Carter 8/26/2015 09:09 am

Stephens Inc. COO Curt Bradbury and his wife Chucki have made a $500,000 matching gift to transform an art gallery that bears their name at Arkansas State University.

Tom Cotton: Iran Agreement Could Spark Second 'Nuclear Age'

by Andrew DeMillo, The Associated Press 8/26/2015 07:03 am

Republican U.S. Sen. Tom Cotton said Tuesday that he thinks an agreement aimed at dismantling Iran's nuclear program could instead create a "second nuclear age" that would threaten the United States and its allies.

US Stocks Extend Losses as Early Rally Fades

by Associated Press 8/25/2015 05:26 pm

A rally in U.S. stocks evaporated in the minutes before the closing bell Tuesday, sending the Dow Jones industrial average down more than 200 points and extending Wall Street's losing streak to six days.

Jeff Gardner Has New Job, Named CEO of Monitronics International

by Gwen Moritz 8/25/2015 04:46 pm

The former CEO of Windstream Holdings has been named CEO of Monitronics International, the home security alarm monitoring company based in Dallas.

Oshkosh Corp. Beats Lockheed Martin, AM General to Make JLTVs

by Lance Turner 8/25/2015 04:05 pm

The U.S. Army on Tuesday awarded a contract to build the military's new Joint Light Tactical Vehicle to Oshkosh Corp. of Oshkosh, Wisconsin, beating Lockheed Martin, which would have made the vehicles in Camden.

Asa Hutchinson Seeks $1M for Foster Care Caseworkers

by Claudia Lauer, The Associated Press 8/25/2015 03:32 pm

Gov. Asa Hutchinson announced Tuesday that he has signed a letter asking the Legislature to approve spending about $1 million in rainy day funds on 40 additional workers in the state's foster care system.

Insurance Hikes Through State Marketplace Top Out at 7 Percent

by Gwen Moritz 8/25/2015 02:14 pm

Health insurance plans sold to Arkansans through the health insurance marketplace will increase in cost by no more than 7.15 percent next year, according to the Arkansas Insurance Department.

Military Close to Awarding JLTV Contract

by Andrea Shalal, Reuters 8/25/2015 01:26 pm

The U.S. Army is expected to award a contract on Tuesday for a new armored truck to replace thousands of aging Humvees, a long-awaited deal that could be worth up to $30 billion for the winning team.

US Stocks Surge after China Cuts Rates to Help Economy

by Associated Press 8/25/2015 11:50 am

Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a day earlier, after China cut interest rates to try to boost the world's second-largest economy.

Hutchinson Names Law Professor as New Chief Justice

by Mark Carter 8/25/2015 11:33 am

Long-time University of Arkansas law professor Howard Brill will serve out the term of retiring Arkansas Supreme Court Chief Justice Jim Hannah, Gov. Asa Hutchinson announced Tuesday.