Today's News

Second Former Partner of John Rogers Files Suit, Seeks $12.3 Million

by George Waldon 1/15/2015 05:47 pm

The new lawsuit by Mac Hogan pushes the claims against the embattled newspaper archivist and sports memorabilia dealer upwards of $40 million. Hogan alleges that Rogers committed multiple acts of fraud as part of a Ponzi-style scheme that often involved phantom transactions.

Asa Hutchinson Names Mark Myers Information Systems Director

by Arkansas Business Staff 1/15/2015 02:27 pm

Mark Myers was director of strategic initiatives at the Arkansas Secretary of State's office. He'd been in the position since 2011. He previously worked in the technology industry for Loislaw.com.

Hutchinson Says He'll Unveil Budget Plan Next Week

by Associated Press 1/15/2015 02:26 pm

Arkansas Gov. Asa Hutchinson will present his balanced budget proposal to lawmakers next week, he said Thursday as legislative leaders prepared to move quickly on the Republican's tax cut plan.

Former Beebe Spokesman Matt DeCample Starts Consulting Firm

by Sean Beherec 1/15/2015 02:07 pm

Matt DeCample, who served as spokesman for former Gov. Mike Beebe from 2003 until he left office on Tuesday, said Thursday that he has started his own consulting firm.

Calhoun County Advances in $5M Energy Prize Contest

by Associated Press 1/15/2015 12:21 pm

Calhoun County has advanced to the semifinal round of the Georgetown University Energy Prize.

ForwARd Arkansas Conducts Survey, Plans Study of State Schools

by Arkansas Business Staff 1/15/2015 11:43 am

ForwARd Arkansas is asking educators, parents, students and other stakeholders to complete a survey on how to prepare Arkansas students for success in college and the workplace.

Lawmakers Say They're Ready to Move Quickly on Tax Cut Plan

by Associated Press 1/15/2015 11:20 am

Arkansas legislative leaders say they're prepared to move quickly on Gov. Asa Hutchinson's plan to reduce income taxes for the middle class.

New Lawsuit Says John Rogers Owes $9.6M in Loans, Unpaid Bill

by George Waldon 1/15/2015 11:09 am

Another collection lawsuit alleging fraud has been filed against embattled newspaper archivist and sports memorabilia dealer John Rogers.

Target to Close 133 Canada Stores to Stem Massive Losses

by Associated Press 1/15/2015 10:56 am

Target is closing shop in Canada. More than 17,600 employees will eventually lose their jobs when the U.S. discount retailer closes its 133 Canadian stores after only about two years to end financial losses that went as high as a billion dollars a year.

Negotiations for Tech Park Properties Continue

by Arkansas Business Staff 1/15/2015 10:44 am

Little Rock tech park director Brent Birch told the board Wednesday that negotiations for targeted park properties along Main Street in downtown Little Rock are continuing. Birch said he is working with the city on a schedule of available funds to complete the purchase of the proposed properties.

Powered by Growth, Home BancShares Reports Record Annual, Quarterly Earnings

by Lance Turner 1/15/2015 08:29 am

Home BancShares Inc. of Conway, the parent company of Centennial Bank, on Thursday reported record annual and quarterly earnings as the bank holding company continued to grow through acquisitions.

Asa Hutchinson to Speak Before Arkansas Municipal League

by Associated Press 1/15/2015 07:29 am

Gov. Asa Hutchinson will speak to a group of more than 1,000 municipal officials gathered in Little Rock across the state.

Asa Hutchinson Orders Hiring Freeze, Regulation Review

by Associated Press 1/14/2015 04:50 pm

A day after being sworn in as Arkansas' 46th governor, Republican Asa Hutchinson on Wednesday imposed a hiring freeze on most state agencies and ordered that any new regulations or rules be approved by his office.

Darrin Williams Appointed to Little Rock Tech Park Board

by Arkansas Business Staff 1/14/2015 03:29 pm

Appointed by University of Arkansas at Little Rock Chancellor Joel Anderson, Williams will complete the term of former board member Bob Johnson, who resigned in November.

Pay Panel Chooses 5 Peer States for Salary Comparison

by Associated Press 1/14/2015 03:24 pm

The Arkansas panel reviewing elected officials' salaries has chosen five states it will use as a comparison for its decisions: Iowa, Louisiana, Missouri, Oklahoma and Tennessee.

Plains & Eastern Clean Line Gets Regulatory Approval in Tennessee

by Lee Hogan 1/14/2015 12:44 pm

The $2 billion, 720-mile transmission line would deliver wind energy from the Oklahoma panhandle to customers in Tennessee and Arkansas. The project would provide renewable energy to more than one million homes annually.

Jonathan Dismang Outlines Bill for Asa Hutchinson Tax Cut Plan

by Associated Press 1/14/2015 11:42 am

Arkansas Senate President Jonathan Dismang says he hopes to bring Gov. Asa Hutchinson's proposal to cut taxes for the middle class by $100 million a year before lawmakers as soon as next week.

Obama Moves to Create First Methane Limits for Gas Drilling

by Associated Press 1/14/2015 11:35 am

The Obama administration laid out a blueprint Wednesday for the first regulations to cut down on methane emissions from new natural gas wells, aiming to curb the discharge of a potent greenhouse gas by roughly half.

Holiday Shopping Slump: US Retail Sales Fell in December

by Associated Press 1/14/2015 11:33 am

U.S. retail sales stumbled last month in a sign consumers remained frugal even as gas prices declined and hiring picked up.

Umarex Partners With Marshals Museum on Commemorative Airgun

by Arkansas Business Staff 1/14/2015 11:05 am

Umarex USA has partnered with the U.S. Marshals Museum to offer a limited edition commemorative airgun of the Colt Single Action Army Revolver, also known as the "gun that won the west."