Today's News

Dillard's 4Q Net Income Up 9.5 Percent, Same-Store Sales Up 3 Percent

by Lance Turner 2/23/2015 03:19 pm

Dillard's Inc. of Little Rock on Monday reported fourth-quarter net income of $130.5 million, up 9.5 percent from $119.1 million.

Arkansas Bars Expanded Local Anti-Discrimination Laws

by Andrew DeMillo, The Associated Press 2/23/2015 03:17 pm

Arkansas has become the second state to ban local governments from expanding anti-discrimination protections to include sexual orientation and gender identity.

Don Walker Named Regional Executive at Arvest Bank

by Arkansas Business Staff 2/23/2015 02:44 pm

Don Walker has been named regional executive of Arvest Bank, the company announced Monday. Walker has been Arvest's market president in Tulsa since 1998.

Bourbon & Boots Launches Jewelry Line with Dillard's

by Mark Carter 2/23/2015 01:48 pm

Innovate Arkansas client firm Bourbon & Boots, from Little Rock entrepreneur Matt Price, has partnered with Dillard's, the department store chain based in Little Rock, to launch a new line of Southern-themed jewelry.

Auction of M.E. Black Farms Set for Tuesday

by George Waldon 2/23/2015 11:18 am

The countdown is under the 24-hour mark for the public auction of the M.E. Black Farms, expected by some to draw more than $50 million.

Merger Match Brings on Ken Clark as 'Chief Storyteller'

by Mark Carter 2/23/2015 10:17 am

Clark will consult with co-founders Bridget Farris and Alese Stroud and lead the development of strategic relationships for Merger Match's proprietary corporate acquisitions assessment tool.

Walmart Foundation's Kathleen McLaughlin to Deliver 'Food for Thought' at UA

by Arkansas Business Staff 2/23/2015 09:47 am

Kathleen McLaughlin, president of the Walmart Foundation and senior vice president for Walmart Global Sustainability, will provide a "Food for Thought" lecture at the University of Arkansas on March 3, the university announced Monday.

Mel Coleman of North Arkansas Electric Cooperative Elected President of National Group

by Arkansas Business Staff 2/23/2015 09:37 am

Mel Coleman, CEO of North Arkansas Electric Cooperative in Salem, has been elected president of the National Rural Electric Cooperative Association board of directors, the organization announced Monday.

Company Chooses Louisiana Over Arkansas, Others For $1.2B Aluminum Mill

by Associated Press 2/23/2015 08:44 am

Central Louisiana is the announced site for a proposed $1.2 billion aluminum mill that would hire 650 or more workers to supply aluminum for automobile bodies.

Asa Hutchinson Prison Plan Will Take Time to Measure (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 2/23/2015 07:54 am

With a plan to ease a backlog of state inmates in county jails and an effort to end the revolving door of offenders in the state's prison system, Arkansas Gov. Asa Hutchinson is trying to overhaul a criminal justice system that has bedeviled his predecessors.

Fire Destroys 3 Buildings at Dogpatch USA

by Associated Press 2/23/2015 07:48 am

North Arkansas authorities say a fire has destroyed three buildings at a former theme park.

Dennis Smiley Sr. Sued Over Loans Taken for Son's Business

by Arkansas Business Staff 2/23/2015 12:00 am

Community First Bank of Harrison sued Dennis Smiley Sr. last month claiming he owes nearly $250,000 for defaulted loans.

XNA's Scott Van Laningham on When Air Travel Will Be Enjoyable Again

by Arkansas Business Staff 2/23/2015 12:00 am

Scott Van Laningham has been CEO of the Northwest Arkansas Regional Airport since 1998, when it opened.

What's It Worth to You? (Gwen Moritz Editor's Note)

by Gwen Moritz 2/23/2015 12:00 am

There's a big difference between Chinese buyers of high-end wines and their Western competitors, according to documentarian Warwick Ross: The Western buyers bought wines as investments, which limited the prices they were willing to pay. The Chinese bought them to drink and to give as gifts.

Baxter Regional's Fight Over Medicare Appeals Continues in Appeals Court

by Mark Friedman 2/23/2015 12:00 am

Baxter Regional Medical Center in Mountain Home is one of several hospitals appealing a federal court's decision denying their request to speed up Medicare claim appeals by the U.S. Department of Health & Human Services.

Arkansas Farmers Say Syngenta Tainted Grain Supply To Promote GMO

by Jan Cottingham 2/23/2015 12:00 am

At least a dozen Arkansas farmers have joined hundreds of farmers in 19 other states in almost 800 lawsuits against Swiss seed maker Syngenta over genetically modified corn seed, a case that has been widely reported in the media.

Vacancy Rate Moves Up in Central Arkansas Retail Commercial Properties

by Arkansas Business Staff 2/23/2015 12:00 am

The vacancy rate for retail commercial property in central Arkansas moved up slightly in fourth-quarter 2014, according to the Central Arkansas Commercial Data Exchange.

Conway Hopes To Lure Business to New Airport at Cantrell Field

by Sean Beherec 2/23/2015 12:00 am

Nearly six months after the opening of the new Conway municipal airport, the facility is already buzzing with activity. The planners behind the project have also set their sights on the next steps to grow its role in the state and attract business.

Wal-Mart Battles Manhattan Church Concerned About Firearm Sales

by Mark Friedman 2/23/2015 12:00 am

Wal-Mart Stores Inc. has asked the 3rd U.S. Circuit Court of Appeals to toss out a ruling that would force the retailer to let shareholders vote on a proposal from a Manhattan Episcopal church concerned about firearm sales.

TAC Air Lands Long-Term Deal at Clinton National Airport

by George Waldon 2/23/2015 12:00 am

TAC Air of Dallas has committed to invest $11 million in capital improvements and more to benefit general aviation and commercial air service at Clinton National Airport in Little Rock.