Today's News

Arkansas Unemployment Unchanged at 3.9 Percent

by Arkansas Business Staff 8/19/2016 09:42 am

Arkansas' seasonally adjusted unemployment rate was unchanged at 3.9 percent in July, according to a report Friday by the state Department of Workforce Services.

Mainstream Technologies Adds Conway Office

by Arkansas Business Staff 8/19/2016 08:47 am

Information technology services firm Mainstream Technologies of Little Rock on Thursday announced plans to open a second location in downtown Conway that will initially have 15 employees.

America's Car-Mart 1Q Income Up 54 Percent

by Arkansas Business Staff 8/18/2016 04:12 pm

America's Car-Mart Inc. of Bentonville reports income of $7.1 million, up from $4.6 million in the same quarter a year ago.

Pinnacle Foods to Add New Line, 25 Jobs at Fayetteville Site

by Arkansas Business Staff 8/18/2016 03:59 pm

Pinnacle Foods Inc. plans to expand its food manufacturing plant in Fayetteville by adding a new brand line called EVOL.

Mike Malone Stepping Down As Northwest Arkansas Council CEO

by Arkansas Business Staff 8/18/2016 03:41 pm

Mike Malone announced he will leave the Northwest Arkansas Council where he has served as president and CEO of the nonprofit since 2006.

Arkansas State University Looks for Interim Chancellor

by Associated Press 8/18/2016 02:08 pm

Arkansas State University's president says the school will look for a long-term interim chancellor to replace former chancellor Tim Hudson, who resigned after the release of internal audits that criticized the school's study abroad program run by his wife.

University of Arkansas Raises $131.6M in FY 2016

by Arkansas Business Staff 8/18/2016 10:02 am

The University of Arkansas announced on Thursday that it has finished the 2016 fiscal year with $131.6 million in private gift support, surpassing its $115 million goal and making this year the third best in its fundraising history.

Wal-Mart Raises Annual Profit; Tops Street 2Q Forecasts

by Anne D'Innocenzio, The Associated Press 8/18/2016 06:51 am

Wal-Mart raised its earnings outlook for the year and delivered strong profit and sales in the second quarter after the world's largest retailer revamped its stores, improved the shopping experience, and won back customers. "Our strategy in the U.S. is working," said CEO Doug McMillon.

Group Buys Legacy Hotel for $2.85M, Plans $5M in Renovations

by Alexis Hosticka 8/17/2016 04:34 pm

Newly created SHG Management LLC of Sherwood recently purchased the Legacy Hotel in downtown Little Rock for $2.85 million and plans to spend another $5 million on renovations.

American Railcar to Open Corbitt Manufacturing Facility in Paragould

by Arkansas Business Staff 8/17/2016 02:54 pm

Corbitt Manufacturing Co., a subsidiary of American Railcar Industries Inc. of St. Charles, Missouri, says it will open a new facility in Paragold that will create up 60 new jobs.

USDA Awards $481K to Arkansas Project to Recruit Farmers

by Associated Press 8/17/2016 12:34 pm

The U.S. Department of Agriculture has awarded nearly a half million dollars to an east Arkansas project aimed at supporting new farmers and ranchers.

GateHouse Offers Buyouts to Newspaper Employees in Arkansas

by Kyle Massey 8/17/2016 11:57 am

GateHouse Media, the newspaper chain that shook up management of its Arkansas properties late last month, is now offering voluntary buyout packages to most of its employees nationwide.

Construction Starts on Hyatt Place, Convention Center in Jonesboro

by Graycen Colbert Bigger 8/17/2016 11:51 am

Dodging rainy weather, local officials and members of the Keller Family Hyatt Group marked the start of construction on a $30 million Hyatt Place Hotel & Convention Center in Jonesboro.

Jay Chesshir Named Chair of National Association Board

by Arkansas Business Staff 8/17/2016 09:51 am

Jay Chesshir, president and CEO of the Little Rock Regional Chamber, was elected 2016-17 chairman of the board of the Association of Chamber of Commerce Executives.

Crystal Bridges Hires Lauren Haynes As Contemporary Art Curator

by Arkansas Business Staff 8/17/2016 08:45 am

Crystal Bridges Museum of American Art hired Lauren Haynes as its Curator of Contemporary Art, the museum announced Tuesday. Haynes will start at the museum in October. As curator, she will help the museum's contemporary art program with exhibits, presentations and publications.

SPONSORED: New Regulations Affect Trustees Of Retirement Plans

by 8/17/2016 08:29 am

A retirement plan review with experts can reduce risk and maximize benefit to employees.

Tyson Foods Fined $263K After Amputation at Texas Plant

by Associated Press 8/16/2016 03:30 pm

Federal inspectors have fined Tyson Foods more than $263,000 for safety violations at an East Texas poultry plant where a worker's finger was amputated when it became stuck in a conveyor belt.

At Rotary, Johnny Key Touts 'Student-Focused Education'

by Sarah Campbell 8/16/2016 02:00 pm

The Arkansas Department of Education can transform the state to lead the nation in student-focused education, Commissioner Johnny Key tells the Rotary Club of Little Rock.

US Home Construction Climbed to a 6-Month High in July

by Associated Press 8/16/2016 11:31 am

Apartment construction in the Northeast fueled a jump in home building in July as the pace of housing starts nationwide reached the strongest pace in six months.

The Rep Names John Miller-Stephany Producing Artistic Director

by Arkansas Business Staff 8/16/2016 10:59 am

The Arkansas Repertory Theatre on Tuesday named John Miller-Stephany as its new producing artistic director. Miller-Stephany will begin work in mid-October.