Today's News

Bills: Arkansas Panel Must Issue Tax Cut Plans by Fall 2018

by Associated Press 1/12/2017 06:59 am

Legislation detailing Arkansas Gov. Asa Hutchinson's $50 million tax cut plan calls for a task force looking at other tax code changes to issue its recommendations by September 2018.

Arkansas Lawmakers Endorse Delay on Medical Pot Launch

by Associated Press 1/11/2017 03:25 pm

Arkansas lawmakers have advanced a plan to delay the launch of the state's medical marijuana program and a proposal removing a requirement that doctors recommending the drug say benefits outweigh its risk.

Trump Business Will Pursue US Deals, but Not Foreign Ones

by Associated Press 1/11/2017 11:20 am

Donald Trump's business will continue to pursue deals in the United States, though not abroad, while he is president, and he will relinquish control of the company.

UALR Sports Enters 10-Year Multimedia Contract With Learfield

by Arkansas Business Staff 1/11/2017 11:05 am

The University of Arkansas at Little Rock athletic department enters a 10-year multimedia agreement with Learfield Sports of Plano, Texas.

Arkansas Food Bank Announces Record Distribution for 2016

by Sarah Campbell 1/11/2017 10:32 am

The Arkansas Foodbank, which merged with the Arkansas Rice Depot on Jan. 1, 2016, announced Wednesday that it distributed a record 25 million pounds of food last year, besting the previous record set in 2014 by almost 2.6 million pounds.

Marianna Man Gets 2 Years for Children's Food Program Fraud

by Associated Press 1/11/2017 10:07 am

A Marianna man who says he plotted to defraud a feeding program for children in low-income areas has been sentenced to two years in prison and ordered to make $380,000 in restitution.

Arkansas Medical Marijuana Commission to Allow 32 Vendors

by Associated Press 1/11/2017 10:04 am

The Arkansas Medical Marijuana Commission says it will allow 32 dispensaries to be evenly distributed among the state's four congressional districts.

Judge Orders Wal-Mart to Pay $16M in Gender Bias Lawsuit

by Jonathan Stempel, Reuters 1/10/2017 03:25 pm

Wal-Mart Stores Inc. has been ordered by a federal judge to pay $16.08 million to a former New Hampshire pharmacist in a gender bias case, but the amount is only about half what a jury awarded and may fall substantially further.

Report: Wal-Mart to Cut Hundreds of Jobs This Month

by Sruthi Ramakrishnan, Reuters 1/10/2017 03:15 pm

Wal-Mart Stores Inc. of Bentonville plans to cut hundreds of jobs before the end of January, the Wall Street Journal reported, citing people familiar with the situation.

Arkansas Democrat-Gazette Dismisses 8 Employees

by Kyle Massey 1/10/2017 02:05 pm

Little Rock's daily newspaper eliminated the jobs in response to continuing declines in advertising revenue, according to Lynn Hamilton, the paper's president and general manager.

Fire Destroys NWA Transit System's Buses

by Associated Press 1/10/2017 01:48 pm

A transit system serving four counties in northwest Arkansas has restricted its service after an early morning fire destroyed nearly all its buses.

US Job Openings, Quits Rise, Pointing to Modest Hiring Ahead

by Associated Press 1/10/2017 11:59 am

U.S. employers posted more jobs in November and quitting also increased — signs that job gains and wages may increase in the months ahead.

In State of the State, Hutchinson Seeks Committee to Study Tax Reform

by Arkansas Business Staff 1/10/2017 11:24 am

Arkansas Gov. Asa Hutchinson is asking lawmakers to form a task force to recommend further changes to the state's tax code, calling for deeper reforms as he faces divisions with fellow Republicans over dueling tax cut plans.

Paul Ryan: GOP Will Work on Repealing, Replacing Health Law

by Associated Press 1/10/2017 11:15 am

At least six GOP senators — including Arkansas' Tom Cotton — have expressed qualms about repeal without having a substitute - something Republicans have failed for years to produce.

Asa Hutchinson to Address State House, Senate Today

by Andrew DeMillo, The Associated Press 1/10/2017 06:42 am

Arkansas Gov. Asa Hutchinson is making his case to lawmakers for a legislative agenda that includes a $50 million plan to cut taxes for low-income residents.

MHP Offers Pay Comparison for Lottery Marketing Work

by Kyle Massey 1/9/2017 05:03 pm

In a letter to Lottery Director Bishop Woosley, President Sharon Tallach Vogelpohl of Mangan Holcomb Partners says CJRW is poised to reap more state money for the same work.

Tax Cuts Dominate State's Legislative Session Agenda

by Andrew DeMillo, The Associated Press 1/9/2017 03:32 pm

This year's Arkansas legislative session, which began Monday, has Republicans facing divisions over competing tax cut plans months after the party expanded its majorities in the Legislature.

UCA's Community Development Institute Board Adds 3

by Arkansas Business Staff 1/9/2017 11:54 am

The Community Development Institute at the University of Central Arkansas in Conway announced on Monday the appointment of three new members to its advisory board.

Metroplan Report Predicts Growth in Tech Sector

by Sarah Campbell 1/9/2017 10:46 am

Metroplan releases its 2016 Economic Review and Outlook, noting economic trends for the Little Rock-North Little Rock-Conway Metropolitan Statistical Area.

Creek Capital Takes Over K Lofts Loan

by Arkansas Business Staff 1/9/2017 12:00 am

A new player has entered the financial fray at the dormant K Lofts development in downtown Little Rock.