Today's News

Georgia-Pacific to Invest $37M in Gurdon Lumber Plant

by Arkansas Business Staff 10/16/2014 03:05 pm

Georgia-Pacific of Atlanta, Georgia, has plans to invest $37 million in its lumber operations in Gurdon to expand the production capacity of the mill by about 60 percent.

Supreme Court: Voters Will Consider Arkansas Liquor Issue

by Associated Press 10/16/2014 02:58 pm

Arkansas' highest court says voters will be able to consider whether alcohol sales should be legal statewide.

Wal-Mart Plans Georgia Distribution Center to Support E-Commerce

by Associated Press 10/16/2014 11:32 am

State officials say a new Georgia distribution center planned by Wal-Mart Stores Inc. will create more than 400 jobs over the next three years. The facility will support the Bentonville-based retailer's e-commerce business.

John Brown University Receives Federal Grant for Water Purification in Guatemala

by Associated Press 10/16/2014 11:18 am

The U.S. Environmental Protection Agency has awarded a $14,520 grant to John Brown University for a drinking water disinfection project in Guatemala.

Roy Slagle Retires as CEO of ABF Freight; Tim Thorne to Replace

by Marty Cook 10/16/2014 11:07 am

Roy Slagle retired as CEO and president of ABF Freight System Inc. on Wednesday after 37 years. ABF Freight is the largest subsidiary of ArcBest Corp. of Fort Smith. ArcBest announced Thursday that Tim Thorne would replace Slagle as ABF Freight president.

Northwest Arkansas Shows Gains in Housing Market

by Lee Hogan 10/16/2014 11:00 am

The residential market in northwest Arkansas saw increases across the board in the first half of 2014, according to Arvest Bank's Skyline Report released Thursday.

UA Extension Service Receives Federal Conservation Grant

by Associated Press 10/16/2014 10:27 am

The grant will be used to demonstrate the use of computerized poly-pipe hole selection software for furrow irrigation so water flow is equalized for each furrow. Flow meters will be used to document the water savings benefit.

Former HUD Secretary to Promote American Dream Initiative at UA

by Associated Press 10/16/2014 10:14 am

Former U.S. Secretary of Housing and Urban Development Henry Cisneros is expected at the University of Arkansas to promote an initiative that promotes opportunities for immigrant families.

Arkansas Supreme Court Strikes Down Voter ID Law

by Associated Press 10/15/2014 04:47 pm

Arkansas' highest court on Wednesday struck down a state law that requires voters to show photo identification before casting a ballot, ruling the requirement unconstitutional just days before early voting begins for the Nov. 4 election.

Mark Pryor Reports Raising $2.2M Over Past 3 Months

by Associated Press 10/15/2014 04:05 pm

Democratic U.S. Sen. Mark Pryor is reporting raising more than $2.2 million over the past three months for his re-election bid, trailing the amount announced by Republican rival Rep. Tom Cotton in Arkansas' heated Senate race.

Like It Or Not, Money Talks (Robert Coon on Politics)

by Robert Coon 10/15/2014 03:40 pm

TV ad spending in the Arkansas Senate race is approaching $20 million, with the largest portion coming from outside groups on both sides. While outside spending has become a popular target for criticism, following the money can provide political observers with an inside look at where races are heading.

Wal-Mart Lowers Revenue Outlook for Year; Shares Drop

by Associated Press 10/15/2014 03:19 pm

Wal-Mart Stores Inc. says a tougher sales environment will hurt its revenue this fiscal year. The retailer says it expects revenue will be up 2 to 3 percent over the prior fiscal year, down from a previous estimate of 3 to 5 percent.

Bank of the Ozarks 3Q Net Income Up 21 Percent

by George Waldon 10/15/2014 12:32 pm

Bank of the Ozarks Inc. of Little Rock announced net income for the third quarter grew by 21.3 percent to $32.1 million. Profits were backed by record quarterly net interest income of $74.6 million, a 47.4 percent increase from a year ago.

Ross Fundraising Outpaces Hutchinson in September

by Associated Press 10/15/2014 11:33 am

Democrat Mike Ross says he raised more than $540,000 last month in his bid for Arkansas governor, outpacing the fundraising reported by Republican rival Asa Hutchinson.

Wal-Mart Scaling Back U.S. Growth to Focus on E-Commerce

by Associated Press 10/15/2014 11:30 am

Wal-Mart Stores Inc. is scaling back its growth in U.S. stores next year, while investing more in e-commerce.

Reactions to Tom Cotton, Mark Pryor Debate

by Lee Hogan 10/15/2014 09:33 am

For the second night in a row, the two leading candidates vying for a seat in the U.S. Senate battled it out in a statewide televised debate. Here's an offering of the reactions on social media during Tuesday night's debate in Fayetteville.

GOP Claims Nate Steel Improperly Holds 2 Offices

by Associated Press 10/15/2014 08:18 am

The Arkansas Republican Party said in a lawsuit Tuesday that the Democratic candidate for attorney general is improperly holding two government offices.

Tom Cotton, Mark Pryor Tangle over Health Law's Impact

by Andrew DeMillo, The Associated Press 10/15/2014 08:11 am

Democratic U.S. Sen. Mark Pryor accused Republican Rep. Tom Cotton of having "no answer" for Arkansans receiving coverage under the federal health overhaul, a law that Cotton called a disaster that must be repealed as the two squared off in their second televised debate Tuesday.

Arkansas Democrats Calling, Again, on Bill Clinton

by Andrew DeMillo, The Associated Press 10/14/2014 02:01 pm

Arkansas Democrats are again enlisting their favorite political son to fend off a Republican drive to claim a U.S. Senate seat and other top offices, announcing Tuesday that former President Bill Clinton will return to the state to campaign for the second time this month.

J.B. Hunt 3Q Net Income Up 14 Percent

by Lance Turner 10/14/2014 10:41 am

J.B. Hunt Transport Services Inc. of Lowell on Tuesday reported third-quarter net income of $102.4 million, or 87 cents per share, up 14 percent from $89.5 million, or 75 cents per share.

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