Today's News

Little Rock Port Buys 157 Acres for $1.35M

by Arkansas Business Staff 11/21/2016 10:34 am

The Little Rock Port Authority completes a $1.35 million acquisition of 157 acres to be used for economic development.

Tax Cut Fight to Dominate Part of Arkansas Session (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 11/21/2016 07:09 am

With tax-cut-happy Republicans growing ranks in the Legislature and Democrats angling for leverage on a key House committee, Gov. Asa Hutchinson is likely to experience more push-back on his tax cut plan.

Wal-Mart Kicks Off Cyber Monday on Friday

by Anne D'Innocenzio, The Associated Press 11/21/2016 06:59 am

Wal-Mart Stores Inc. says it's kicking off its so-called "Cyber Monday" deals at 12:01 a.m. EST Friday for the first time ever as it aims to grab customers ahead of its competitors.

Arkansas Gas Prices Fall as Thanksgiving Weekend Approaches

by Associated Press 11/21/2016 06:56 am

Arkansas motorists will be paying less to travel during the long Thanksgiving weekend as gasoline prices continue to fall.

Speculation Brimming Over Potential Sale of Acxiom Building

by Arkansas Business Staff 11/21/2016 12:00 am

Simmons First National Corp. of Pine Bluff could be buying the Acxiom Corp. building in downtown Little Rock.

Heathcott Hopes CJRW Selected as Lottery's First Pick

by Arkansas Business Staff 11/21/2016 12:00 am

The battle for an Arkansas Scholarship Lottery marketing contract worth more than $5 million a year is down to three Little Rock advertising finalists.

Sun Also Rises for Former Deltic CEO Ray DIllon

by Arkansas Business Staff 11/21/2016 12:00 am

Since retiring last month as CEO of Deltic Timber Corp., Ray C. Dillon has been helping Shandong Sun Paper Industry JSC Ltd. of China with its plans to operate in Arkansas.

Boswell Mourot Fine Art Ready for Art Basel Miami Beach

by Arkansas Business Staff 11/21/2016 12:00 am

For what may be the first time, an Arkansas art gallery will be participating in Art Basel Miami Beach, one of the most important and prestigious art shows in the world.

CARTI Losses Bring Worry, Advice for Financial Cure Inside New Center

by Mark Friedman 11/21/2016 12:00 am

CARTI already was experiencing operating losses before it opened its $88 million cancer center in west Little Rock last November. Since then, operating losses have widened to $20.5 million over the last three fiscal years and a financial benchmark for its $49 million bond wasn't reached.

Million-Dollar Salaries Proliferate on Highest-Paid Nonprofit Employees List

by Gwen Moritz 11/21/2016 12:00 am

Of the 24 nonprofit employees whose total compensation — salary plus reported benefits — exceeded $1 million, 22 are employed in the health care field.

Know Thy News Sources (Gwen Moritz Editor's Note)

by Gwen Moritz 11/21/2016 12:00 am

Education and the Facebook equivalent of spam filters would go a long way in preventing unscrupulous entrepreneurs who have figured out that “news” is a lot more profitable if you don't have to invest in any actual reporters.

Pinnacle, Central Bank Combo Builds Assets To $200M

by George Waldon 11/21/2016 12:00 am

There are a lot of moving parts to the acquisition equation in the pending merger of Pinnacle Bank of Rogers and Central Bank of Little Rock.

Allied Bank Not Alone on US List of Bank Failures

by George Waldon 11/21/2016 12:00 am

The September failure of the $66.3 million-asset Allied Bank of Mulberry marked the fifth lender in the nation to go under so far this year.

Trucking and Trump: An Infrastructure Match

by Marty Cook 11/21/2016 12:00 am

The American Trucking Associations wasted little time reacting to Donald Trump's victory in the presidential election. The industry has been a proponent of improving the nation's infrastructure, which Trump said he wants to do.

Karen Hutchins Says Education, Communication Key to Future of Nonprofits in Arkansas

by Arkansas Business Staff 11/21/2016 12:00 am

Karen K. Hutchins, chief of the Arkansas Society of Association Executives, describes what it does and what the future may hold.

BET Founder Robert Johnson Aims to Help Others With Good Ideas

by Kyle Massey 11/18/2016 04:19 pm

Robert L. Johnson, founder of Black Entertainment Television and America's first African-American billionaire, tells tales from a charmed business career during a humor-filled talk at the annual meeting of the Little Rock Regional Chamber.

Arkansas Lawmakers Weigh Launch Delay, Taxes for Medical Marijuana

by Andrew DeMillo, The Associated Press 11/18/2016 12:54 pm

Arkansas lawmakers are considering delaying the launch of the medical marijuana program as well as an effort to impose additional taxes on the drug.

11 US States Saw Strong Hiring Last Month, 5 Lost Jobs

by Associated Press 11/18/2016 11:39 am

Eleven U.S. states reported healthy job gains in October, and the unemployment rate fell in seven, as hiring improved modestly nationwide. Thirty-four states reported little change.

America's Car-Mart Reports 2Q Income of $5M

by Arkansas Business Staff 11/18/2016 11:35 am

America's Car-Mart Inc. of Bentonville on Thursday reported fiscal second-quarter income of $5 million, up from a loss of $495,000 it reported in the same quarter a year ago.

Highland Pellets Celebrates New Pine Bluff Plant

by Arkansas Business Staff 11/18/2016 11:30 am

Gov. Asa Hutchinson on Thursday helped Highland Pellets LLC celebrate its new 600,000 metric ton per year wood pellet facility in Pine Bluff.