Today's News

Arkansas Tech University Approves Tuition Increase

by Associated Press 5/22/2015 07:43 am

Arkansas Tech University's Board of Trustees has approved a $158.9 million operating budget that includes a tuition increase for its main campus in Russellville.

Wal-Mart Presses Meat Suppliers on Antibiotics, Animal Treatment

by Anne D'Innocenzio, The Associated Press 5/22/2015 07:42 am

Wal-Mart, the nation's largest food retailer, is urging its thousands of U.S. suppliers to curb the use of antibiotics in farm animals and improve treatment of them.

America's Car-Mart Reports Increases in Profit, Sales for Year

by Marty Cook 5/22/2015 07:36 am

America's Car-Mart Inc. of Bentonville reported income of $29.5 million for the fiscal year 2015, an increase of nearly 40 percent from 2014.

Update: Vadim Perelman Resigns from USA Truck Board of Directors

by Marty Cook 5/21/2015 02:03 pm

Vadim Perelman resigned as a member of the board of directors at USA Truck Inc. of Van Buren after his investment group divested itself of the 1.4 million shares it had owned in the trucking company.

J.B. Hunt Plans 7-Story Office Tower at HQ

by Marty Cook 5/21/2015 01:57 pm

J.B. Hunt Transport Services Inc. of Lowell is planning to build a new office tower at its headquarters.

Hytrol Conveyor in Jonesboro Announces $12M Expansion

by Associated Press 5/21/2015 01:55 pm

Hytrol Conveyor Co. in Jonesboro has announced plans for a $12 million expansion that will include at least 36 new jobs.

Asa Hutchinson Proposes $87M Bond Package for Lockheed Martin

by Andrew DeMillo, The Associated Press 5/21/2015 11:24 am

Arkansas Gov. Asa Hutchinson is proposing issuing $87 million in bonds to help Lockheed Martin land a defense contract for its Camden facility.

Arkansas Business Hall of Fame Seeks Nominations

by Arkansas Business Staff 5/21/2015 11:01 am

The selection committee for the Arkansas Business Hall of Fame is now accepting nominations for the 2016 class of inductees.

Gauge of US Economy Jumps 0.7 Percent in April

by Associated Press 5/21/2015 10:43 am

An index designed to predict the future health of the economy rose in April by the largest amount in nine months, a sign that the economy is beginning to accelerate from a sharp slowdown during the winter.

Huckabee Says He Won't Come to Iowa Straw Poll

by Associated Press 5/21/2015 10:11 am

Former Arkansas Gov. Mike Huckabee says he won't participate in the Iowa Straw Poll, where he competed and placed second eight years ago.

Tyson Foods Gives $500,000 to Walton Arts Center

by Arkansas Business Staff 5/21/2015 06:56 am

Tyson Foods Inc. of Springdale on Thursday donated $500,000 to the Walton Arts Center expansion campaign.

Update: Little Rock Clinic, Pharmacy Raided in Prescription Drug Crackdown

by Associated Press 5/20/2015 04:21 pm

Federal drug agents raided medical clinics, pharmacies and other locations across the South on Wednesday, wrapping up what a federal official called a long-running crackdown on prescription drug abuse.

Acxiom Corp. Sells IT Business for $190M, Previews 4Q Earnings

by Sean Beherec 5/20/2015 03:42 pm

Acxiom Corp. of Little Rock on Wednesday said it has entered into an agreement to sell its IT Infrastructure Management business for "total cash consideration of up to $190 million" to two private equity firms. It also reported preliminary fourth-quarter earnings.

Update: Asa Hutchinson Details Special Session Agenda

by Andrew DeMillo, The Associated Press 5/20/2015 03:21 pm

Arkansas Gov. Asa Hutchinson says an effort to move up the state's primary and a reorganization of some agencies are also on the agenda for a special legislative session to take up an economic development project.

ConAgra to Pay $11.2M to Settle Salmonella Criminal Case

by Associated Press 5/20/2015 11:22 am

ConAgra Foods has agreed to pay $11.2 million in criminal fines and forfeitures to settle a charge that the company shipped salmonella-tainted Peter Pan peanut butter from its Georgia plant more than eight years ago.

5 Global Banks Fined More Than $5B, to Plead Guilty to Market Rigging

by Associated Press 5/20/2015 10:55 am

A group of global banks will pay more than $5 billion in penalties and plead guilty to rigging the world's currency market.

Realtors: Arkansas Home Sales Up 15 Percent

by Mark Carter 5/20/2015 09:13 am

Arkansas home sales increased by more than 15 percent in March while the price of those homes went up by more than 8 percent, according to data released Wednesday by the Arkansas Realtors Association.

Wal-Mart Announces Expansion of Veteran Hiring

by Claudia Lauer, The Associated Press 5/20/2015 06:48 am

Wal-Mart Stores Inc. says it is expanding its original plan to hire 100,000 veterans by 2018 to hire a total of 250,000 recently discharged veterans by 2020.

Altice to Buy US Cable Operator Suddenlink for $9.1B

by Associated Press 5/20/2015 06:46 am

Altice SA says it's buying a controlling stake in Suddenlink Communications in a deal that values the Missouri-based cable TV provider at $9.1 billion.

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

by Mark Carter 5/19/2015 02:39 pm

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal.