Today's News

UALR Provost Zulma Toro Leaving for New Post

by Arkansas Business Staff 10/20/2016 11:37 am

After serving as the University of Arkansas at Little Rock provost and executive vice chancellor for almost four years, Zulma Toro has been named president of Central Connecticut State University

Simmons First 3Q Net Income Up 8 Percent

by Lance Turner 10/20/2016 11:12 am

Simmons First National Corp. of Pine Bluff on Wednesday reported third-quarter net income of $23.4 million, up 8 percent from the same quarter last year.

Report: Building Permits, Homes Sold Increase in Northwest Arkansas

by Arkansas Business Staff 10/20/2016 11:00 am

In northwest Arkansas, building permits have increased, the supply of remaining lots continued to fall and the number of complete but unoccupied houses remains low, according to a new residential real estate market report.

Union Asks Court to Reverse Wal-Mart Trespassing Order

by Associated Press 10/20/2016 10:54 am

A labor union is asking the Arkansas Supreme Court to reverse a judge's order barring it from trespassing on the retail giant's property in the state, arguing that the issue needs to be settled by a federal board.

Chinese Firm Agrees to Put Garment Plant in Little Rock, Employ 400

by Lance Turner 10/20/2016 10:34 am

A Chinese company that makes clothing for Adidas and other brands has agreed to put a garment plant in Little Rock, investing $20 million and employing 400 people.

In Little Rock, Chase Economist Finds Economic Recovery Going Well

by Sarah Campbell 10/20/2016 10:29 am

"We're not in crisis; we're getting back on our feet," economist Jim Glassman told business professionals Wednesday at an economic outlook luncheon.

Arkansas Business Hall of Fame Names 4 Inductees

by Arkansas Business Staff 10/20/2016 09:17 am

The Sam M. Walton College of Business at the University of Arkansas this week announced four new inductees to its Arkansas Business Hall of Fame.

Home BancShares 3Q Profit Up 22 Percent

by Lance Turner 10/20/2016 07:06 am

Home BancShares Inc. of Conway reports record quarterly profit of $43.6 million, up 22 percent from the same quarter last year.

Arkansas Ex-Judge Ordered Held on Federal Charges

by Associated Press 10/19/2016 03:57 pm

A former Arkansas judge accused of giving lighter sentences to defendants in exchange for nude photos and sexual acts will remain in jail for now.

Arkansas Medical Pot Opponents Launch First TV Ad

by Andrew DeMillo, The Associated Press 10/19/2016 01:58 pm

Opponents of medical marijuana efforts in Arkansas have begun airing their first television ads against the ballot measures, as state law enforcement officials warn they'll need more funding if medical pot is legalized.

After 5 Years of Waiting, Ballet Arkansas to Find New Home on Main Street

by Alexis Hosticka 10/19/2016 11:21 am

Five years after development began, Ballet Arkansas is finally moving into its new office and rehearsal space on Main Street Little Rock's "Creative Corridor."

Walton Arts Center Awarded $2M Walker Foundation Grant

by Arkansas Business Staff 10/19/2016 10:03 am

The Walton Arts Center announces a $2 million grant from the Willard & Pat Walker Charitable Foundation for its $23 million capital campaign.

4th Annual Little Rock Tech Fest Starts Thursday

by Arkansas Business Staff 10/19/2016 09:50 am

The 4th Annual Little Rock Tech Fest will be held Thursday and Friday at the Statehouse Convention Center in Little Rock.

Landowners, Exxon Mobil Attorneys Spar in Appeals Court

by Associated Press 10/19/2016 07:37 am

Attorneys for landowners along a crude oil pipeline that ruptured in Arkansas in 2013 say Exxon Mobil Pipeline Co. breached its contract because the pipeline interferes with their ability to enjoy their property.

Dallas Company Buys Sears, Doctors Hospital Site for $44M

by George Waldon and Lance Turner 10/19/2016 06:42 am

An affiliate of Provident Realty Advisors Inc. of Dallas bought a five-building, 30-acre development in midtown Little Rock for $44 million.

Cherokee Nation Donated $6M to Arkansas Casino Campaign

by Associated Press 10/18/2016 06:37 pm

Campaign finance reports show the Cherokee Nation gave $6 million to the group behind a casino legalization proposal that was disqualified from the November ballot, while a dog track and horse track gave more than $1.4 million to the campaign opposing it.

'Razorback Nation' Anchor Resigns After Mixing Medication and Alcohol

by Kyle Massey 10/18/2016 05:59 pm

Aaron Peters announced his departure as the "Razorback Nation" anchor on KARK-TV in Little Rock and KNWA-TV in Rogers after he says he mixed prescription medication with alcohol and briefly appeared on the air on Oct. 12.

Arkansas Casino Campaign Asks Court to Reconsider Ruling

by Associated Press 10/18/2016 04:22 pm

The group behind a proposal disqualified from the November ballot that would have legalized casinos in three Arkansas counties is asking the state Supreme Court to reconsider its ruling against the measure.

Clinton National Airport Announces $20.6M Concourse Renovation

by Sarah Campbell 10/18/2016 02:55 pm

The Bill and Hillary Clinton National Airport announces a $20.6 million renovation project that will improve amenities in the concourse.

Pete Yuan Off to Texas, IberiaBank Names New Arkansas Leader

by Lance Turner 10/18/2016 01:55 pm

IberiaBank Corp. says Gregory K. Smithers, an executive vice president and regional president of the bank's Tennessee operations, will now also oversee the bank's Arkansas operations.