Today's News

Bobby Ampezzan Joins Statewide Radio Network

by Kyle Massey 4/29/2016 04:35 pm

Natural State News, a regional collaboration of Arkansas public radio stations based at KUAR-FM in Little Rock, announced that Bobby Ampezzan has been hired as the project's managing editor.

Sprint to Add Regional HQ in Little Rock, 100 Jobs by Year's End

by Sarah Campbell 4/29/2016 04:29 pm

Sprint Corp. of Overland Park, Kansas, announced Friday that it will bring up to 100 jobs to Little Rock before the end of the year as it opens a new South Central regional headquarters at 900 Shackleford Road. The headquarters will oversee the telecommunication company's operations in Arkansas Louisiana, Mississippi and Oklahoma.

Video: Gov. Asa Hutchinson on Jobs at Sun Paper, Mercy Northwest, GW Communication & Sprint

by Lance Turner 4/29/2016 04:07 pm

Gov. Asa Hutchinson talks to reporters at the Little Rock Regional Chamber about this week's array of job announcements, the legislative session and new leadership at the Little Rock School District.

US Consumer Spending Inches Up in March

by Associated Press 4/29/2016 11:41 am

U.S. consumers boosted their spending by a tiny amount in March as purchases of nondurable goods such as clothing offset a big fall in spending on autos and other long-lasting items.

ASU Appoints Carl Cates to Lead Newly Structured College

by Arkansas Business Staff 4/29/2016 10:23 am

Arkansas State University appointed Carl Cates of Valdosta State University to be the first dean of a newly structured college that combines colleges of Fine Arts, Humanities & Social Sciences and Media & Communication.

Walnut Ridge, Others See Development Boost from I-57 Designation

by George Jared 4/29/2016 08:52 am

Walnut Ridge Mayor Charles Snapp says designating U.S. 67 from North Little Rock to Walnut Ridge as the future Interstate 57 is "going to open a lot of doors" for northeast Arkansas. U.S. Sen. John Boozman, R-Ark., introduced a provision for the designation in the 2017 federal transportation budget bill.

ArcBest Swings to $6M 1Q Loss, Cites 'Sluggish' Manufacturing

by Arkansas Business Staff 4/29/2016 07:38 am

ArcBest Corp. of Fort Smith on Friday reported a first-quarter net loss of $6.1 million, or 24 cents per share, down from net income of $700,000, or 3 cents per share, in the same quarter last year.

Rich Mountain Community College Trustees Vote To Join UA System

by Sarah Campbell 4/28/2016 11:16 am

The University of Arkansas Board of Trustees could give final approval May 25-26 to a merger with Rich Mountain Community College in Mena (Polk County).

GW Communications to Open Paragould Office, Employ 28

by Arkansas Business Staff 4/28/2016 11:14 am

GW Communications of Coppell, Texas, says it will open a new office in Paragould and employ 28.

JBU Gets $3M From Windgate Foundation for Renovation to Dorms

by Alexis Hosticka 4/28/2016 10:30 am

John Brown University announced Thursday a $3 million lead challenge grant from the Windgate Foundation to fund the $6 million renovation of Mayfield Residence Hall.

Arkansas Tech Names Bernadette Hinkle CFO

by Arkansas Business Staff 4/28/2016 10:16 am

Arkansas Tech University of Russellville has selected Bernadette Hinkle as its next vice president for administration and finance, the university announced Thursday.

UA Narrows Candidates for UALR Chancellor to 3

by Arkansas Business Staff 4/28/2016 09:32 am

University of Arkansas System President Donald R. Bobbitt said Thursday that he and a committee have narrowed their search for a new chancellor in Little Rock to three.

Murphy Oil Subsidiary Sells Alberta Sands to Suncor Energy for $744M

by Kyle Massey 4/28/2016 06:55 am

Murphy Oil Corp. of El Dorado announced Wednesday evening that its Canadian subsidiary has agreed to sell oil sands properties in Alberta to Suncor Energy for about $744 million. CEO Roger Jenkins said the deal will "further place our focus in North America on our unconventional assets" and help the company's balance sheet.

In Congress, Tom Cotton at Center of Dispute Over Water Buys From Iran

by Associated Press 4/28/2016 06:51 am

Senate Democrats on Wednesday blocked the Senate's first spending bill of the year in a last-minute fight over a Republican effort to undercut the Iran nuclear deal and scuttle U.S. plans to buy Iranian "heavy water."

Planned Parenthood Asks to Amend Challenge to Arkansas Laws

by Associated Press 4/27/2016 04:32 pm

Attorneys for Planned Parenthood of the Heartland want to amend a lawsuit challenging Arkansas' abortion restrictions, including dropping a challenge to a law requiring abortion pill providers to follow U.S. Food and Drug Administration guidelines.

Fed Keeps Key Rate Unchanged; No Hint on Timing of Next Hike

by Associated Press 4/27/2016 03:12 pm

The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur.

Machen, Billings Promoted at Bear State Financial

by Arkansas Business Staff 4/27/2016 03:06 pm

Bear State Financial Inc. of Little Rock, the holding company for Bear State Bank, announced Wednesday that it had promoted James M. Machen and Sherri Billings within the bank.

Innovation Hub's Second Maker Faire Is May 7

by Sarah Campbell 4/27/2016 02:34 pm

The Arkansas Regional Innovation Hub is expecting an even larger crowd than last year's 3,000-plus for its second annual North Little Rock Mini Maker Faire.

10 Startups Chosen For FinTech Accelerator Launching May 16

by Sarah Campbell 4/27/2016 01:32 pm

Ten startups have been offered the opportunity to participate in the VC FinTech Acceleration program powered by global technology services provider FIS and hosted by the Venture Center in Little Rock.

Ex-Treasurer's Employee Asks to Move Whistleblower Claim

by Associated Press 4/27/2016 01:30 pm

A former Arkansas Treasurer's office employee is asking to move part of his defamation lawsuit against Treasurer Dennis Milligan and Milligan Chief of Staff Jim Harris to state court.