Today's News

Magellan Pipeline Seeks Eminent Domain on Slice of Property

by Arkansas Business Staff 1/26/2015 12:00 am

Magellan Pipeline Company LP, a subsidiary of Magellan Midstream Partners LP of Tulsa, says it's willing to chip in $468 for 0.17 of an acre in Pulaski County. The company has filed a petition in Pulaski County Circuit Court to condemn the land, owned by Jayvian J. Johnson, after he declined to respond to its original offer of $3,065, according to court documents submitted earlier this month.

Trial Set for Former ThermoEnergy Exec Andrew Melton on Fraud Charges

by Arkansas Business Staff 1/26/2015 12:00 am

Melton's facing allegations that he used almost $110,000 of ThermoEnergy's money to pay a personal judgment against him and then doctored the company's financial statements to make it appear that the payments were legitimate business expenses.

Newly Renamed Anstaff Bank Plans Growth

by Marty Cook 1/26/2015 12:00 am

The former First National Bank of Green Forest changes its name as part of an expansion mode, moving outside of its historic base of operations with a nongeographic label in its name. Anstaff has nine branches in Carroll, Boone, Madison and Newton counties.

Moses Tucker Real Estate Looks to Next Generation, Plans for Future

by Sean Beherec 1/26/2015 12:00 am

What appears to an outsider as the simple passing of the family business from one generation to the next wasn't the plan from the beginning.

Arkansas' Biggest Deals of 2014 Soar While Value Slips

by Jan Cottingham 1/26/2015 12:00 am

The mergers and acquisitions spigots were opened wide last year in Arkansas. The number of big deals — those valued at $9 million or more — soared 38 percent, increasing to 101 in 2014 compared with 73 in 2013.

How A Trans-Atlantic Investment Scam Ensnared Credit Union President Joyce Judy

by Gwen Moritz 1/26/2015 12:00 am

The following story of how the president of a small credit union in Little Rock was ensnared in an international investment scam was pieced together from depositions and exhibits filed in the North Carolina civil case and from official documents filed in the criminal cases.

Asa Hutchinson Walks Fine Line in Medicaid Speech (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 1/25/2015 10:25 am

Calling on lawmakers to keep Arkansas' compromise Medicaid expansion alive through 2016 as he eyes a longer term health care plan, Republican Gov. Asa Hutchinson is trying to take ownership of an issue where he's tried to tread carefully over the past two years.

Arkansas Legend Frank Broyles Inspires Push for Publicity Law

by Associated Press 1/25/2015 10:21 am

The offers to license Frank Broyles' name came in as soon as the Arkansas football legend retired last year, from Broyles books to Broyles tailgating grills and Broyles pre-cooked meat.

Landowners Seek Ruling On Oil Firm's Eminent Domain Powers

by Lance Turner 1/23/2015 04:04 pm

A group of Arkansas landowners has a filed a petition in Johnson County Circuit Court asking a judge to find that Plains All American Pipeline can't use eminent domain to obtain easements for its planned, $900 million crude oil pipeline.

Ethics Panel Dismisses Complaint Against Leslie Rutledge

by Associated Press 1/23/2015 03:58 pm

The Arkansas Ethics Commission has dismissed a complaint against Attorney General Leslie Rutledge that accused her violating state law by appearing in an outside group's campaign ad last year.

Tyson Foods Gives $1M to Downtown Springdale Alliance

by Mark Carter 1/23/2015 03:37 pm

Tyson Foods Inc. has given $1 million to the Downtown Springdale Alliance, the nonprofit working to revitalize the city's original downtown.

Leslie Rutledge Asks for New Arguments in Gay Marriage Case

by Associated Press 1/23/2015 03:22 pm

Attorney General Leslie Rutledge is asking the Arkansas Supreme Court to hold new oral arguments in the lawsuit challenging the state's gay marriage ban.

Members of Arkansas Congressional Delegation Seek Rice Sales to Iraq

by Associated Press 1/23/2015 03:11 pm

Members of Arkansas' congressional delegation have joined colleagues from other states in urging Secretary of State John Kerry to encourage Iraq to purchase more American-produced rice.

White County Woman Wins $1.25M Defamation Case Against Website

by Sean Beherec 1/23/2015 01:29 pm

U.S. District Judge Leon Holmes has awarded $1.25 million to a White County woman who was the subject of a post containing defamatory comments published on the website TheDirty.com, her attorney said Friday.

US Home Sales Rise in December

by Associated Press 1/23/2015 11:10 am

More Americans purchased homes in December, yet total sales slipped in 2014 as first-time buyers struggled to find houses.

HanesBrands to Expand in Clarksville, Add 120 Jobs

by Arkansas Business Staff 1/23/2015 10:24 am

HanesBrands of Winston-Salem, North Carolina, says it will expand its manufacturing facility in Clarksville, spending $1.4 million on renovations and new equipment and adding 120 new jobs.

16 Lawmakers, Surgeon General to Staff Medicaid Task Force

by Associated Press 1/23/2015 07:38 am

Legislation detailing the task force Gov. Asa Hutchinson wants to create to review the future of health care in Arkansas calls for 16 lawmakers and the state surgeon general to serve on the panel.

Arkansas Senate OKs Tax Cuts, Partial Capital Gains Repeal

by Associated Press 1/22/2015 02:08 pm

The Arkansas Senate has approved middle-class tax cuts funded in part with a repeal of a $21 million capital gains tax cut approved two years ago.

Little Rock Port Authority Adopts Sustainability Resolution

by Associated Press 1/22/2015 01:45 pm

The Little Rock Port Authority's board has adopted a resolution supporting the development of a sustainable port.

Hutchinson: Keep Private Option Through 2016, Have Task Force Find Reforms

by Andrew DeMillo, The Associated Press 1/22/2015 01:37 pm

Gov. Asa Hutchinson is calling on lawmakers to continue Arkansas' compromise Medicaid expansion through the end of next year as a task force looks at the future of health care in the state.