Today's News

Report: Adding Vision, Dental Would Cost $43M

by Associated Press 7/25/2014 07:32 am

Adding dental and vision coverage to Arkansas' compromise Medicaid expansion would cost nearly $43 million, according to a report released Thursday, but state officials said they're not looking at expanding the program's benefits.

FCC Approves Sinclair's $1B Deal to Buy Allbritton TV Stations, Including KATV

by Lance Turner 7/24/2014 05:55 pm

Reuters and others are reporting that Sinclair Broadcast Group's $985 million deal to buy TV stations owned by Allbritton Communication has been approved by the FCC.

Maverick Transportation Opens $4M Driving Training Center

by Marty Cook 7/24/2014 02:22 pm

Arkansas Gov. Mike Beebe was on hand as Maverick Transportation LLC of North Little Rock opened its $4 million driver training center on Thursday.

Aurora Digital Signage Partners with Verizon for Internet Coverage

by Arkansas Business Staff 7/24/2014 01:36 pm

The partnership with Verizon will enable Aurora clients to use the Verizon Wireless network to power their digital signage and eliminate the need to run internal cables.

Pulaski County Jail Reopens For First Time Since July 1

by Associated Press 7/24/2014 09:08 am

Pulaski County Sheriff's Office Lt. Carl Minden says the jail reopened at 6 a.m. Thursday. The jail had been closed since July 1, after its population rose to 1,281 inmates.

Bill Simon Stepping Down As Leader of Wal-Mart's U.S. Stores

by Lance Turner 7/24/2014 07:56 am

Wal-Mart Stores Inc. of Bentonville says Bill Simon, president and CEO of its U.S. stores, is leaving the company. The retailer named Greg Foran, 53, as his successor. Simon had been the leader of Wal-Mart's domestic operations since June 2010. Foran takes over on Aug. 9.

Deltic Timber 2Q Net Down Against One-Time Gains

by Arkansas Business Staff 7/23/2014 04:52 pm

Deltic Timber Corp. of El Dorado reports second-quarter net income of $5.3 million or 42 cents per share, down 53 percent from the same time last year.

Federal Disaster Declarations Made for 10 Counties

by Associated Press 7/23/2014 04:16 pm

U.S. Secretary of Agriculture Tom Vilsack has made disaster declarations for farmers and ranchers in 10 Arkansas counties who suffered losses due to storms that began in the affected areas June 29.

Josh Moody's Overwatch App Ready to Hit Market

by Mark Carter 7/23/2014 03:38 pm

Gamers can expect to see the free Overwatch combat gaming app in the iTunes store within a couple of weeks, Overwatch CEO Josh Moody told his 1 Million Cups audience Wednesday in Little Rock.

US Mint Unveils Marshals Museum Coin Designs

by Associated Press 7/23/2014 01:54 pm

The U.S. Mint has unveiled the designs of the three commemorative coins that will be sold next year to raise money for a planned $50 million U.S. Marshals Museum in western Arkansas.

Mo Money, Uber Problems (Robert Coon On Politics)

by Robert Coon 7/23/2014 01:10 pm

Ride-sharing companies like Uber and Lyft have become the apps of choice for tech-savvy travelers in cities across the country – and worldwide. But as the companies have increased in popularity, opposition has grown as well. With Uber and Lyft currently looking at entering the Little Rock market, will our local officials embrace them or slam the door?

Arkansas Venture Center Names Operations Team

by Mark Carter 7/23/2014 10:56 am

Joining AVC co-founder, president and CEO Lee Watson on staff are Caroline Ford as director of communications and development and Marshal Kenneday as director of operations. AVC was founded in 2013 and officially launched in May with a $500,000 matching grant from the state.

Green Bay Packaging to Spend $30M for New Equipment at Morrilton Plant

by Arkansas Business Staff 7/23/2014 10:18 am

Green Bay Packaging Inc. of Green Bay, Wisconsin, says it will spend $30 million to upgrade equipment, which it says will increase efficiency and production at its Arkansas Kraft Division plant in Morrilton.

Minimum Wage Group Given 30 Days to Collect More Signatures

by Lee Hogan 7/23/2014 09:22 am

Arkansas Secretary of State Mark Martin says the group attempting to raise the state's minimum wage from $6.25 an hour to $8.50 an hour did not meet the required number of valid signatures. The group has until Aug. 18 to gather 15,107 more valid signatures.

Womack Backs GOP's Anti-Internet Sales Tax Stance

by Associated Press 7/23/2014 07:56 am

A Republican congressman from Arkansas who has advocated for legislation that would limit tax-free shopping online said Tuesday he agrees with a state GOP stance opposing any sales tax imposed by the federal government, saying he doesn't believe the two positions are in conflict.

Mike Beebe Appoints 43 to State Boards, Commissions

by Arkansas Business Staff 7/22/2014 02:34 pm

Gov. Mike Beebe announces 43 appointments to state boards and commissions.

Obamacare Hit by Ruling, but Subsidies to Continue

by Associated Press 7/22/2014 11:19 am

A federal appeals court delivered a potentially serious setback to President Barack Obama's health care law Tuesday, imperiling billions of dollars in subsidies for many low- and middle-income people who bought policies.

UCA Names Kelley Erstine Chief of Staff

by Arkansas Business Staff 7/22/2014 09:38 am

The University of Central Arkansas has named an alumnus and former trustee as its next chief of staff. Kelley Erstine, a Sheridan native, will assume the duties Sept. 1. His salary will be $165,000 a year.

Group Asks Arkansas to Block Alcohol Measure

by Associated Press 7/22/2014 09:37 am

A group opposed to a proposal expanding alcohol sales in Arkansas asked state election officials Monday to block the measure from the November ballot, claiming its petitions weren't submitted by the right deadline.

Study: Nearly 1 in 3 Arkansas Kids Live in Poverty

by Associated Press 7/22/2014 09:35 am

Nearly three out of 10 kids are living in poverty in Arkansas, but the number of children without health insurance has gone down, according to a national study released Tuesday that shows how children fare in each state.