Today's News

Arkansas Unemployment Drops to 3.8 Percent

by Arkansas Business Staff 6/17/2016 09:28 am

Arkansas' seasonally adjusted unemployment rate shows the state at 3.8 percent for May 2016, a decrease of 1.6 percent since May 2015.

John Boozman, Conner Eldridge Spar on Gun Control Measures

by Andrew DeMillo, The Associated Press 6/17/2016 07:31 am

U.S. Senate hopeful Conner Eldridge backs efforts to prevent suspected terrorists from purchasing guns as Sen. John Boozman's campaign accused his challenger of politicizing the shooting in Orlando.

Bike-Maker Orbea Marks HQ Move North of the River

by Sarah Campbell 6/16/2016 02:52 pm

Orbea of Mallabia, Spain, on Thursday celebrated its new North American headquarters at The Works at Rockwater at 700 W. Broadway St. in North Little Rock.

National Group Opposes Religious Opt-Out for Counselors

by Andrew DeMillo, The Associated Press 6/16/2016 12:20 pm

The American Counseling Association says it's opposed to an effort in Arkansas to allow counselors to refer clients to another provider if they have a religious objection to treating them.

UA System Board Approves $160M Stadium Expansion 8-2

by Lance Turner 6/16/2016 11:44 am

The University of Arkansas System board of trustees on Thursday voted 8-2 to press ahead with a $160 million expansion of Donald W. Reynolds Razorback Stadium.

Lockheed Martin Gets $331.8M Contract for Work in Camden, Dallas

by Arkansas Business Staff 6/16/2016 11:09 am

Lockheed Martin received a $331.8 million contract from the U.S. Army for Lot 11 production of Guided Multiple Launch Rocket System rockets, the company announced Wednesday. Work will be performed at the Lockheed Martin facilities in Camden and Dallas.

Class-Action Attorneys Ask Judge Not to Impose Sanctions

by Mark Friedman 6/16/2016 09:53 am

The plaintiffs' attorneys in a controversial class-action case have asked Chief U.S. District Judge P.K. Holmes III to use his discretion and not sanction them next week for abusing the federal court system.

Arkansas Women's Hall of Fame Announces Second Class

by Alexis Hosticka 6/16/2016 09:45 am

The Arkansas Women's Hall of Fame on Thursday announced nine inductees to its second class, which includes two posthumous honorees and one organization.

Wal-Mart to Eliminate 1,500 Back-Office Jobs at Western US Stores

by Anne D'Innocenzio, The Associated Press 6/16/2016 06:42 am

Wal-Mart Stores Inc. is cutting jobs in accounting and other back-office positions at about 500 locations in the Western region of the U.S.

Hutchinson Says He Told Trump to Expect Disagreements

by Associated Press 6/15/2016 04:09 pm

Arkansas Gov. Asa Hutchinson says he told Donald Trump he'll speak out at times when he disagrees with the presumptive Republican nominee, but that doesn't mean he's backing away from the GOP hopeful.

Windstream Transfers Half Its CS&L Stake to Retire Debt

by Sarah Campbell 6/15/2016 04:04 pm

Windstream Holdings Inc. of Little Rock transfers 14.7 million common shares of its spinoff, Communications Sales & Leasing Inc., to its creditors in a debt-for-equity exchange.

Arkansas Spending $400K for Computer Science Program

by Associated Press 6/15/2016 03:16 pm

Arkansas is spending $400,000 to offer an online program to middle school students around the state aimed at raising interest in computer science and other science, technology, engineering and mathematics careers.

Reynolds Foundation Gives Walton Arts Center $1M

by Arkansas Business Staff 6/15/2016 02:03 pm

The Donald W. Reynolds Foundation gave a $1 million grant to the Walton Arts Center to help with expansion costs and programming at the Dickson Street complex.

Innovation Hub Joins Winrock International

by Alexis Hosticka 6/15/2016 11:31 am

The Arkansas Regional Innovation Hub is becoming part of Winrock International of Little Rock, which is undertaking a "strategic reorganization of its U.S. and Arkansas programs."

Update: John Tyson, 4 Others Urge UA Board to Slow Down Stadium Expansion

by Lance Turner 6/15/2016 09:30 am

Tyson Foods Inc. Chairman John Tyson is among five former University of Arkansas System board members questioning a $160 million proposal to expand Donald W. Reynolds Razorback Stadium.

Walton Foundation Hires Kyle Peterson As Director

by Associated Press 6/15/2016 06:46 am

The Walton Family Foundation has hired a new executive director to lead the philanthropic organization. Kyle Peterson will start this fall.

SPONSORED: 4 Reasons Why Big River Steel Chose Arkansas

by 6/15/2016 12:00 am

An interview with Mark Bula, CCO of Big River Steel, who shares the essential reasons Big River Steel came to Arkansas.

Asa Hutchinson Calls Meeting With Trump 'Helpful'

by Associated Press 6/14/2016 04:57 pm

Arkansas Gov. Asa Hutchinson says it was "helpful" to meet privately with presumptive Republican presidential nominee Donald Trump and other GOP governors.

SATCO and OECC Form ARIS to Offer 1Gb Internet

by Sarah Campbell 6/14/2016 02:14 pm

Ouachita Electric Cooperative Corp. of Camden and South Arkansas Telephone Company of Hampton announced the formation of ARIS, a new company that will bring 1-gigabit internet to homes and businesses in the region.

Marshals Museum Names New President; Jim Dunn to Focus on Raising Money

by Arkansas Business Staff 6/14/2016 01:34 pm

The U.S. Marshals Museum hires Patrick Weeks as president and CEO, a move organizers say will free current president Jim Dunn from operational responsibilities and allow him to focus on raising money for the project.