Today's News

A.J. Gary Says Having Game Plan Can Rescue Business from Disaster

by Arkansas Business Staff 5/22/2017 12:00 am

A.J. Gary was appointed Arkansas Department of Emergency Management director by Gov. Asa Hutchinson in June 2016. In addition to heading ADEM, Gary is also the Homeland Security adviser for Arkansas.

Asa Hutchinson: Arkansas Leads Nation in Foreign Direct Investment

by Todd Traub 5/20/2017 12:24 pm

Gov. Asa Hutchinson, speaking at the Arkansas Delta Conference, said Arkansas leads the nation in foreign direct investment.

At Annual Meeting, William Dillard II Says He's Encouraged With Recent Trends

by Mark Friedman 5/20/2017 12:10 pm

Despite the negative news surrounding the retail industry, Dillard's Inc. CEO William Dillard II said Saturday he is encouraged with some recent trends.

Dassault Falcon Jet to Trim About 6 Percent of Workforce

by Lance Turner 5/19/2017 02:33 pm

Dassault Falcon Jet on Friday confirmed a companywide workforce reduction amid what its CEO called "challenging" market conditions for the aviation industry.

Arkansas Unemployment Rate Drops to 3.5 Percent

by Arkansas Business Staff 5/19/2017 11:19 am

Arkansas' unemployment rate fell in April to a new record low, 3.5 percent, down one-tenth of a percentage point from March and six-tenths of a percentage point from April 2016.

Unemployment Rates Hit Record Lows in 3 States

by Associated Press 5/19/2017 10:32 am

Arkansas, Colorado and Oregon reported the lowest unemployment rates since 1976. Colorado's rate, at 2.3 percent, was the nation's lowest.

Duggar Sisters File Privacy Lawsuit Against Springdale, InTouch Weekly

by Associated Press 5/19/2017 08:46 am

Four sisters of Josh Duggar who were revealed to have told police that they'd been molested by their older brother filed a federal breach-of-privacy suit Thursday against the city of Springdale and Washington County, Arkansas, and publishers of the magazine that first revealed their identities.

UA-Little Rock, CHI St. Vincent Partner to Create More Nurses

by Lydia McAllister 5/18/2017 12:55 pm

The University of Arkansas at Little Rock and CHI St. Vincent announce a three-year, two-part initiative to combat a statewide shortage of nurses

Business Leaders to Congress: Ignore Chaos, Focus on Taxes

by Associated Press 5/18/2017 11:34 am

Business leaders began an aggressive lobbying effort Thursday to ensure that their vision for overhauling the U.S. tax system isn't lost in the chaos consuming President Donald Trump's administration.

UAMS Gets $2.1M to Fight Diabetes in Marshallese Community

by Arkansas Business Staff 5/18/2017 11:28 am

The University of Arkansas for Medical Sciences has been awarded another $2.1 million grant to attempt to reduce diabetes in the Marshallese community in northwest Arkansas.

Wal-Mart Tops 1Q Profit Forecasts, Online Sales Up 63 Percent

by Lance Turner 5/18/2017 06:55 am

Wal-Mart Stores Inc. of Bentonville on Thursday reported first-quarter earnings that beat analyst expectations, and online sales rose 63 percent on what the retailer called "organic" growth at its website.

Target Locked in Game of Shipping Tag with Wal-Mart, Amazon

by Anne D'Innocenzio, The Associated Press 5/17/2017 03:54 pm

Target, Wal-Mart and Amazon are engaged in a game of shipping tag, each trying to adjust their free threshold and other shipping strategies to a level that can lure shoppers away from one of the other.

Northwest Arkansas Pastor Says He's Running for Congress

by Associated Press 5/17/2017 03:12 pm

A Fayetteville pastor says he's challenging a northwest Arkansas congressman in the Republican primary next year, and he has the support of a group formed by former staffers and volunteers from Bernie Sanders' Democratic presidential campaign.

US Households Owe Record Amount, Topping Pre-Recession Peak

by Associated Press 5/17/2017 02:33 pm

U.S. household debt reached a record high in the first three months of this year, topping the previous peak reached in 2008.

Broadcasters Association Leader Doug Krile to Retire

by Lance Turner 5/17/2017 02:25 pm

The Arkansas Broadcasters Association says Executive Director Doug Krile will retire this summer.

Arkansas State University Names Kelly Damphousse as Chancellor

by Lance Turner and Todd Traub 5/17/2017 10:37 am

Arkansas State University names Kelly Damphousse, dean of the College of Arts & Sciences at the University of Oklahoma in Norman, as its new chancellor.

SCA Pharmaceuticals to Build 90K-SF Plant in Connecticut

by Lance Turner 5/17/2017 09:42 am

SCA Pharmaceuticals of Little Rock plans to build a new 90,000-SF manufacturing facility in Windsor, Connecticut.

Governors Work Senate As Power Brokers in Obamacare Repeal

by Yasmeen Abutaleb, Reuters 5/17/2017 07:07 am

A group of about a dozen Republican governors is pushing for its own set of national health care reforms, flexing its considerable muscle in the national debate over the future of Obamacare as the U.S. Senate begins writing its bill.

Acxiom Yearly Profit Down; Company Sees Revenue Growth in 2018

by Lance Turner 5/16/2017 03:52 pm

Acxiom Corp. of Conway remained profitable in fiscal 2017 and revenue rose 3.5 percent, as the publicly traded data services provider called for more revenue growth in 2018.

Jobs Mix Keeps Unemployment Low in Faulkner County

by Lance Turner 5/16/2017 01:43 pm

The decline of the Fayetteville Shale cost jobs in Faulkner County, but a diverse economy led by sales, office and administrative professions continued to keep the unemployment rate near historic lows.

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