Today's News

Shared Services Center in Fort Smith to Add More Than 100 Jobs

by Alexis Hosticka 8/15/2016 04:32 pm

Shared Services Center-Fort Smith, a provider of business office support functions for hospitals and health care facilities, will expand its presence in Fort Smith's Phoenix Center.

Little Rock Port Authority Marks $6M Grant for Improvements

by Sarah Campbell 8/15/2016 03:32 pm

U.S. Rep. French Hill, R-Ark., joined the Little Rock Port Authority to mark a $6.2 million federal grant to make improvements to Blackwater Harbor.

Arkansas Casino Group Turns in 50,000 Additional Signatures

by Kelly P. Kissel, The Associated Press 8/15/2016 01:53 pm

A group hoping to develop casinos in three Arkansas counties says it has turned in another 50,000 signatures in its effort to place a constitutional amendment on the Nov. 8 ballot.

Gas Prices Remain Under $2 a Gallon in Oklahoma, Arkansas

by Associated Press 8/15/2016 01:08 pm

AAA Oklahoma says Arkansas and Oklahoma are among 12 states where average gas prices are under $2 a gallon.

US Homebuilder Sentiment Rises in August as Sales Improve

by Associated Press 8/15/2016 11:21 am

U.S. homebuilders are feeling more optimistic about the housing market this month, reflecting strong growth in new-home sales and prices.

JBU Opens $6M Health Education Building

by Alexis Hosticka 8/15/2016 11:00 am

John Brown University celebrated the opening of its new $6 million, 20,000-SF Health Education Building with a ribbon cutting ceremony Monday morning.

Update: Gene Cauley's Death Ruled Suicide

by Gwen Moritz 8/15/2016 10:33 am

S. Gene Cauley, once a high-profile class-action lawyer before pleading guilty to stealing millions from a client trust account, was found dead in his lakeside home near Hot Springs on Friday morning.

UA Community Colleges Get $900K for Geospatial Technology Education

by Arkansas Business Staff 8/15/2016 10:20 am

The Center for Advanced Spatial Technologies at the University of Arkansas gets a three-year grant for $898,073 from the National Science Foundation.

'Problem Assets' Spur Fundraising at Heartland Bank

by Arkansas Business Staff 8/15/2016 12:00 am

The parent company of Heartland Bank is raising $3 million “to meet the working capital needs of the holding company while we're preserving the capital of Heartland Bank,” said Judy Lawton, president.

Riverdale 10 Owner Plans Movie Meals in Spa City

by Arkansas Business Staff 8/15/2016 12:00 am

Matt Smith's cinema formula in Little Rock, which includes 10 screens, the sale of beer and wine and reserved seating, has been so successful he's planning to introduce it at his Hot Springs Mall Cinema next month.

Arkansas Employers Help With Retirement Advice, Tools

by Marty Cook 8/15/2016 12:00 am

David George doesn't apologize for using scare tactics when he gives seminars at part of the Investor Education Program for the Arkansas Securities Department.

Arkansas Homeowners No Longer Playing With House Money

by Kyle Massey 8/15/2016 12:00 am

Once upon a time, homeowners thought it was perfectly fine — smart even — to carry greater debt on their houses and take out the equity as cash for investments. After all, interest rates were low, homebuyers were eager, and everyone knew that housing could never decline in value. Well, that last part turned out to be a fairy tale.

NFL's Darren McFadden Learns Lesson From Financial Fumble

by Mark Friedman 8/15/2016 12:00 am

In June, Dallas Cowboys running back Darren McFadden filed a lawsuit accusing his former family friend and financial adviser, Michael Vick of Pulaski County, of “gross incompetence, self-dealing and outright theft” of more than $15 million.

New Public Company Debuts in State: Ecoark

by Sarah Campbell 8/15/2016 12:00 am

The merger in March of Ecoark Inc. of Rogers with Magnolia Solar Corp. of Woburn, Massachusetts, resulted in a new name on the roster of publicly traded companies in Arkansas: Ecoark Holdings Inc. of Rogers.

The Truth Is Out There (Gwen Moritz Editor's Note)

by Gwen Moritz 8/15/2016 12:00 am

This keeps me awake at night: The knowledge that there are important stories of value and interest to my readers, or of importance to our community or our country, that aren't being reported because news organizations don't know about them and there might not be enough warm bodies to do the work even if we did.

John Stacks Sees Charges Dismissed

by Mark Friedman 8/15/2016 12:00 am

The five-year battle between the federal government and John Stacks ended July 20 when the U.S. Attorney for the Eastern District of Arkansas dismissed an indictment against the former owner of Mountain Pure LLC.

Power and Pain of Consensus (Barry Goldberg On Leadership)

by Barry Goldberg 8/15/2016 12:00 am

Mainstream, action-oriented leadership thinkers tend to hate the idea of consensus, opting instead for rapid-fire, quick-decision meetings. The efficiency of pushing quickly for a clear path forward is hard to resist; however, it often steps over or forces underground the kind of resistance that will kill a new idea or initiative — but usually not until most of the time and money are spent.

SpotRight's Todd Greer on the Marketing Dynamics of Social Media

by Arkansas Business Staff 8/15/2016 12:00 am

Todd Greer heads SpotRight, a consumer insights and analytics company based in Little Rock and Boulder. He previously spent 15 years at Acxiom Corp., serving as SVP responsible for its global data line of business, which represented almost one-third of Acxiom's $1 billion-plus annual revenue.

Platform Change Gives Democrats Opening on Pre-K (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 8/14/2016 02:10 pm

The Arkansas Republican Party's decision to remove any mention of pre-kindergarten from its platform gives Democrats a new line of attack on what they view as a popular issue.

EDA Awards $1.4M in Grants to Northwest Arkansas

by Arkansas Business Staff 8/12/2016 02:56 pm

The Economic Development Administration of the U.S. Department of Commerce announces a trio of grants totaling $1.4 million to three recipients in northwest Arkansas.