Today's News

BHL Makes Claim Against OneFinancial on Maumelle Office Building

by Arkansas Business Staff 11/23/2015 12:00 am

Johnelle Hunt, through BHL Financing LLC, filed a lien on the Parker Building in Maumelle in connection with a default judgment of $14.7 million against OneFinancial, the holding company of One Bank & Trust.

Coin Collection of Turner Grain's Dale Bartlett Heads for Auction

by Arkansas Business Staff 11/23/2015 12:00 am

Dale Bartlett, a former co-owner of Turner Grain Merchandising of Brinkley who filed for bankruptcy protection last year, will see his collectible coins put up for auction.

Partnership Negotiations Continue for Saline Memorial, Capella Healthcare

by Arkansas Business Staff 11/23/2015 12:00 am

The partnership talks are continuing between Saline Memorial Hospital in Benton and Capella Healthcare of Franklin, Tennessee.

Co-conspirator in Joyce Judy Investment Scam Pleads Guilty to Felony

by Arkansas Business Staff 11/23/2015 12:00 am

Three of the four central characters in the international investment scam that sent Joyce Judy, former president of a Little Rock credit union, to federal prison are now convicted felons.

Following The Crowd (Robert T. Smith Expert Advice)

by Robert T. Smith 11/23/2015 12:00 am

One of the more publicized provisions of the 2012 Jumpstart Our Business Startups Act directed the S.E.C. to establish rules allowing companies to use crowdfunding to raise capital in an exempt securities offering.

Are You Overlooking Potential Customers? (Heather Robinette Expert Advice)

by Heather Robinette 11/23/2015 12:00 am

Untapped international markets represent a viable opportunity for expansion and diversification for many Arkansas companies, including small ones. However, the narrow view of too many business owners is that exporting is an option only for larger companies or manufacturers.

Georgia-Pacific's Crossett Mill On Front Line of Tissue Wars

by Gwen Moritz 11/23/2015 12:00 am

Georgia-Pacific employs almost 3,500 Arkansans, including 1,500 in Crossett. Of those, more than 1,100 work at the paper mill. The plant runs constantly — four shifts working an average of 40-42 hours per week — in an industry that has emphasized sustainability for decades.

Rosewood Brings Retro Style to Hearses

by Rob Moritz 11/23/2015 12:00 am

Along with running Morrilton Funeral Service and Rosewood Cremation, Richard Neal also owns and operates Rosewood Classic Coach, one of the few places in the United States where retro-style funeral coaches, more commonly known as hearses, are built from the chassis up and sold to funeral homes that want to offer their clients the opportunity to go out in style.

Delayed Growth of Nestlé Foods Regains Promise at Jonesboro Plant

by George Waldon 11/23/2015 12:00 am

Market forces stymied the envisioned ramp-up to 1,000 employees in the years that followed the Nestlé plant announcement in July 2001. But these days that number looks more attainable than ever.

Johnelle Hunt Gives $5M To Game & Fish for Nature Center

by Marty Cook 11/20/2015 02:05 pm

Johnelle Hunt, the co-founder of J.B. Hunt Transport Services Inc. of Lowell, pledged $5 million toward the Arkansas Game & Fish Commission's effort to build a nature center in Springdale. Foundation President Chuck Dicus calls the donation "a great way to start" the campaign.

Simmons Snags Arvest's Greg Martin as Top NWA Executive

by Gwen Moritz 11/20/2015 11:14 am

Greg Martin, a senior vice president at Arvest Bank in Fayetteville, has been hired to succeed James Stobaugh as Simmons First National Bank's top executive in northwest Arkansas.

Arkansas Capital Corp. Changing Funding Model

by Mark Carter 11/20/2015 11:11 am

Arkansas Capital Corp. of Little Rock will no longer work with state government to provide small-business loans. For the first time in the organization's almost 60-year history, its funding model is changing.

Arkansas Unemployment Falls to 5.1 Percent in October

by Lance Turner 11/20/2015 11:00 am

Arkansas' unemployment rate fell to 5.1 percent in October, down from 5.2 percent in September and 5.8 percent in October 2014.

Richard Mays Sues Tech Park Board, Raises Asking Price

by Arkansas Business Staff 11/20/2015 10:30 am

Little Rock attorney Richard Mays on Thursday sued the Little Rock Technology Park Authority and other officials, challenging the board's authority to take his property under eminent domain.

Bill Clinton Home in Hope Nominated for Historic Places Register

by Associated Press 11/20/2015 10:23 am

The childhood home of former President Bill Clinton in Hope is being considered for placement on the Arkansas Register of Historic Places.

Car-Mart Reports $485,000 Loss

by Marty Cook 11/20/2015 09:17 am

America's Car-Mart Inc. of Bentonville reported a loss of $485,000 in the second quarter of fiscal 2016.

Arkansas Mental Health Providers Charged with Medicaid Fraud

by Associated Press 11/20/2015 07:47 am

The two top billers in the Arkansas Medical Licensed Mental Health Practitioner Program have been charged with 20 felony counts involving false claims for Medicaid reimbursement.

Arkansas Panel: Look at Tax Hikes, Revenue Shifts for Roads

by Andrew DeMillo, The Associated Press 11/19/2015 05:30 pm

A task force on Thursday recommended several options for boosting money for Arkansas roads, including tapping into car sales tax revenue and raising fuel taxes, but stopped short of endorsing a specific plan to address a highway funding shortfall.

Tyson Foods to Close 2 Plants, Cut 880 Jobs

by Arkansas Business Staff 11/19/2015 05:05 pm

Tyson Foods Inc. of Springdale is closing two of its prepared food plants in Chicago and Wisconsin and laying off 880 workers, it announced late Thursday afternoon. The plants are a pepperoni plant in Jefferson, Wisconsin, where 400 workers are being let go, and a plant in Chicago that makes prepared foods for the hospitality industry, where 480 are affected.

Court Transferring Cases of Judge Accused of Misconduct

by Claudia Lauer, Associated Press 11/19/2015 03:32 pm

A special judge or judges will be appointed to hear the cases of an Arkansas judge facing allegations of administrative misconduct including having sexual relationships with defendants.