Today's News

BKD Settles With FDIC Over Kevin Lewis Fraud

by Arkansas Business Staff 5/16/2016 12:00 am

The Federal Deposit Insurance Corp. last week settled its lawsuit against the accounting firm BKD LLP, just days before the trial was scheduled to begin in U.S. District Court in Little Rock.

Hamra Ready To Expand Potbelly Franchise

by Arkansas Business Staff 5/16/2016 12:00 am

His father put him to work when he was 12, says Ryan Hamra, owner of the Potbelly Sandwich Shop in Little Rock, and now at 39, he's still working hard, preparing to open at least four more Potbelly restaurants in Arkansas in the next four years, an agreement that “secures me the entire state of Arkansas.”

Business Travel Fuels Uber Growth in Arkansas

by Kyle Massey 5/16/2016 12:00 am

Business travelers needing a ride in Arkansas are increasingly using their thumbs — not to hitchhike, but to tap the Uber app on their smartphones.

New Walton College Dean Matt Waller Confronts E-Commerce Revolution

by Jan Cottingham 5/16/2016 12:00 am

Matt Waller is the new dean of the Walton College of Business at the University of Arkansas at Fayetteville, after having served as interim dean since June 1.

Arkansas Trucking Firms Work To Diversify Industry

by Marty Cook 5/16/2016 12:00 am

A quick scan of boards for trucking companies based in Arkansas reveals, as one might expect, a heavy dose of white males. Changing that, executives said, is not just a matter of political correctness but also sound business.

Facebook Page Offers Peek Into John Rogers' Thinking

by George Waldon 5/16/2016 12:00 am

Even the conservative assessment by a court-appointed receiver proved to be overly optimistic regarding the insolvent business interests of John Rogers, whose Facebook page recently offered up what read almost like a confession.

Suit Challenges Rule on Anti-Union Activities

by Gwen Moritz 5/16/2016 12:00 am

Little Rock was a magnet for representatives from law firms around the country last week when U.S. District Judge Kristine Baker heard arguments in the first federal lawsuit attempting to stop the Obama administration's new “persuader rule” concerning anti-union activities.

Never Say Never (Gwen Moritz Editor's Note)

by Gwen Moritz 5/16/2016 12:00 am

This is the perfect time to increase the fuel tax. Gasoline remains relatively cheap in historic terms, and the price per gallon can easily fluctuate by 5 cents per day. If we are going to have decent roads, we need an adequate and reliable funding mechanism — and spending the state rainy-day fund and nickel-and-diming other government needs just screams inadequate and unreliable, doesn't it?

Killing Gators vs. Draining Swamp (Barry Goldberg On Leadership)

by Barry Goldberg 5/16/2016 12:00 am

All organizations find themselves in overload occasionally, a prolonged period when there simply are not enough resources to go around. Here are a few thoughts I have picked up over the years from knowledgeable authors and talented leaders.

Little Rock Wastewater CEO Greg Ramon: Pipe Dreams Won't Require Money Going Down the Drain

by Arkansas Business Staff 5/16/2016 12:00 am

Greg Ramon, who has 26 years of experience in the water and wastewater sector, replaced Reggie Corbitt, who was fired as LRW CEO in January 2014 over what police described as “questionable expenditures.”

Lawsuit Filed Over Arkansas Ethics Measure's Rejection

by Andrew DeMillo, The Associated Press 5/13/2016 03:08 pm

A Little Rock attorney is suing Arkansas Attorney General Leslie Rutledge for rejecting the wording of his ballot proposal that would expand the state's ban on lobbyist gifts to elected officials and impose new campaign finance restrictions.

Grant to Support Projects at Japanese Relocation Camps

by Associated Press 5/13/2016 02:54 pm

The grants announced Friday include $153,699 to the Central Arkansas Library System for a project called "Exhibitions and Educational Outreach on the Confinement Camps at Rohwer and Jerome, Arkansas."

2 Regulators OK Bank of the Ozarks' Acquisitions

by Arkansas Business Staff 5/13/2016 02:37 pm

Bank of the Ozarks Inc. of Little Rock said Friday that it has received regulatory approval for its previously announced acquisitions of Community & Southern Bank of Atlanta and C1 Financial Inc. of St. Petersburg, Florida.

Asa Hutchinson Tells Schools to Disregard LGBT Directive

by Andrew DeMillo, The Associated Press 5/13/2016 12:58 pm

Gov. Asa Hutchinson is recommending public schools disregard an Obama administration directive that they must permit transgender students to use bathrooms and locker rooms consistent with their chosen gender identity.

Wal-Mart Shareholder Suit Over Bribery Allegations Dismissed

by Associated Press 5/13/2016 12:53 pm

A judge has dismissed a shareholder lawsuit over alleged bribery involving Wal-Mart's operations in Mexico.

US Retail Sales Show Solid Gain Despite Woes at Store Chains

by Associated Press 5/13/2016 10:41 am

Americans stepped up their online shopping and bought more autos in April, suggesting that consumers may be spending more than indicated by a slump among major retailers.

Unity Health of Searcy Joins Mayo Clinic Care Network

by Associated Press 5/13/2016 10:22 am

A Searcy-based hospital system has become the first health care organization in Arkansas to join the Mayo Clinic Care Network.

Dillard's 1Q Net Income Down $32.2M

by Alexis Hosticka 5/12/2016 04:03 pm

Dillard's Inc. of Little Rock on Thursday reported first-quarter net income of $77.4 million, or $2.17 per share, compared to net income of $109.6 million, or $2.66 per share, for the same quarter last year.

Sean Williams Installed as Bankers Association Chairman; Cathy Owen Added to Lineup

by Gwen Moritz 5/12/2016 03:00 pm

Sean Williams was installed Thursday as chairman of the Arkansas Bankers Association for 2016-17. As vice chairman, Cathy Owen is in line to become the first woman elected to the top position in 2018.

Tech Park Board Told FinTech Startups Will be Named Monday

by Sarah Campbell 5/12/2016 11:52 am

The Little Rock Technology Park Authority Board on Wednesday was told the first phase of the development, which includes work on 415 and 417 Main St., is on time and going smoothly.