Today's News

Fed Hikes Key Rate for Second Time in 3 Months

by Associated Press 3/15/2017 01:41 pm

The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that any further hikes this year will be gradual.

Eight Win Henry Awards at Tourism Conference

by Arkansas Business Staff 3/15/2017 01:17 pm

Winners of the annual Henry Awards were honored Tuesday during a luncheon at the 43rd Arkansas Governor's Conference on Tourism, which was held Sunday-Tuesday in Little Rock.

In Win for Solar, PSC Allows Grandfathering for Net Metering Customers

by Kyle Massey 3/15/2017 11:50 am

In a significant decision for solar energy, Arkansans who now get credit on their utility bills for electricity they generate at their homes and businesses will be able to continue at current rates for 20 years.

What to Know About Today's Likely Fed Rate Hike

by Associated Press 3/15/2017 11:21 am

If, as everyone expects, the Federal Reserve raises its benchmark interest rate Wednesday afternoon and signals the likelihood of additional rate hikes later this year, consumers and businesses will feel it — maybe not immediately, but over time.

Fitz Hill Fights for Young People, Community in New Role

by Todd Traub 3/15/2017 09:15 am

Former Arkansas Baptist president Fitz Hill continues to help young African-Americans as the leader of the college's foundation.

Most Simmons First Executives See Pay Drop in 2016

by George Waldon 3/15/2017 08:28 am

George Makris Jr., 60, chairman and CEO of Simmons First National Corp., received total compensation of more than $2.4 million during 2016 — almost 22.4 percent lower than 2015.

Ken Smith Retiring as AAEA Policy Director

by Kyle Massey 3/14/2017 04:57 pm

The Arkansas Advanced Energy Association surprised Policy Director Ken Smith with recognition on Tuesday, and he surprised everyone else with the news that he will be retiring.

Advanced Energy Has Its Day at Capitol

by Kyle Massey 3/14/2017 04:34 pm

It was Arkansas Advanced Energy Day at the state Capitol, and Sen. Garry Stubblefield was speaking to the state's top energy efficiency and renewable power companies, but he had to hold to his priorities.

Secret Police Possible at Arkansas Capitol, Perhaps Colleges

by Kelly P. Kissel, The Associated Press 3/14/2017 03:47 pm

The agency that protects Arkansas' state Capitol and grounds now has the authority to operate in secret after the governor let a Freedom of Information exemption become law without his signature.

Bid to Send Highway Plan to Arkansas Voters Fails in House

by Andrew DeMillo, The Associated Press 3/14/2017 03:45 pm

A bill to ask voters to approve a highway improvement plan that would be paid for by raising taxes on gas and diesel has failed in the Arkansas House.

Arkansas House Panel Advances Campus Gun Bill

by Associated Press 3/14/2017 01:00 pm

A bill that would allow people with a concealed carry license to carry their firearms at Arkansas colleges, some bars and many state buildings if they undergo additional training has advanced out of a House committee.

SPONSORED: Self-funded Insurance Plans Combat Rising Health Care Costs

by 3/14/2017 11:17 am

Plans grow in popularity as employers seek affordable heath insurance solutions.

Nominate by Friday for Arkansas Business 40 Under 40

by Arkansas Business Staff 3/14/2017 11:14 am

Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving their mark on the Arkansas business and nonprofit community.

ArcBest CEO, Executives See Annual Compensation Declines

by Sarah Campbell 3/14/2017 09:58 am

ArcBest Corp. CEO Judy McReynolds made $1.61 million in 2016, almost 30 percent less than the $2.26 million she made in 2015, the company reported in its annual proxy statement.

Arkansas Governor: Report Underscores Concerns with GOP Bill

by Associated Press 3/14/2017 07:13 am

Arkansas Gov. Asa Hutchinson says a budget analysis of the Republican health care plan underscores the need for Congress to take a second look at the proposal and concerns he's raised about it.

Bank of the Ozarks CEO's Pay Up 5 Percent in 2016

by George Waldon 3/13/2017 11:00 am

George Gleason, 63, chairman and chief executive officer of Little Rock's Bank of the Ozarks Inc., received total compensation of $6.2 million during 2016.

Arkansas Unemployment Rate Falls to a Record 3.8 Percent

by Sarah Campbell 3/13/2017 09:58 am

Arkansas' unemployment rate continued to fall in January to the lowest on record, 3.8 percent. The rate was 3.9 percent in December and 4.2 percent in January 2016.

Vaughn Names KARK Successor, Kyle King of Texas Stations

by Kyle Massey 3/13/2017 09:07 am

Mike Vaughn, the general manager of KARK-TV before becoming a senior vice president and regional manager of Nexstar Media Group, has named his replacement at the Little Rock NBC affilliate: J. Kyle King, formerly general manager of KMID-TV in Odessa-Midland, Texas.

Arkansas Open Records Advocates Fear Major Change in FOI Law

by Kelly P. Kissel, The Associated Press 3/13/2017 07:37 am

In the 50 years since Republican Gov. Winthrop Rockefeller's signature enacted one of the nation's strongest laws ensuring government openness, legislators have carved out fewer than two dozen exemptions to the Arkansas Freedom of Information Act.

Asa Hutchinson's Medicaid Plans Uncertain (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 3/13/2017 07:35 am

Gov. Asa Hutchinson's plans to move 60,000 people off Arkansas Works and require many of them to work may face a future as uncertain as that of the federal health care law that enabled the expanded coverage.

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