Today's News

Terra Vista Apartments Visited by $3.3M Sale (Real Deals)

by George Waldon 11/6/2017 12:00 am

An affiliate of Republic Funds of Toronto bought the 205-unit Terra Vista Apartments at 4811 Terra Vista Circle in Little Rock.

University of the Ozarks President Richard Dunsworth Lifts Enrollment with Tuition Locked Down

by Arkansas Business Staff 11/6/2017 12:00 am

Richard Dunsworth has been president of the University of the Ozarks in Clarksville since 2013.

Simmons First National Corp. Announces 2 New Board Members

by Arkansas Business Staff 11/3/2017 03:44 pm

Simmons First National Corp. announced the appointment of Tom Purvis of Fort Worth, Texas, and Russell Teubner of Stillwater, Oklahoma, to its board of directors.

ArcBest Corp. 3Q Net Income Up 15 Percent

by Lance Turner 11/3/2017 11:12 am

ArcBest Corp. of Fort Smith reports third quarter net income of $14.8 million, up 15 percent from the same quarter last year, as revenue and profit rose in the company's asset-based services.

State Still Awaiting Federal Approval on Medicaid Expansion Changes

by David Ramsey, Arkansas Nonprofit News Network 11/3/2017 10:40 am

Significant changes to the state's Medicaid expansion program proposed by Gov. Asa Hutchinson were slated to begin Jan. 1. But the state still has not received the federal approval necessary to move ahead.

USA Truck Snaps Losing Streak, Reports 3Q Profit

by Marty Cook 11/3/2017 09:03 am

USA Truck Inc. of Van Buren reported third-quarter income of $409,000 on Thursday.

Rock Town Distillery Finds New Home Downtown

by Arkansas Business Staff 11/3/2017 08:40 am

The Little Rock venture, touted as the first legal distillery in Arkansas since Prohibition, will relocate downtown to 1201 Main St.

US Hiring Jumps After Hurricanes As Employers Add 261K Jobs

by Associated Press 11/3/2017 07:32 am

U.S. employers added a robust 261,000 jobs in October as the economy recovered from hurricanes that slammed the Southeast in September.

Trump Nominates Jerome Powell to Be Next Fed Chairman

by Associated Press 11/2/2017 02:48 pm

President Donald Trump on Thursday announced his choice of Federal Reserve board member Jerome Powell to be the next chairman of the nation's central bank, succeeding Janet Yellen, the first woman to hold the position.

Barbara Tyson, Foundation Give $1.5M to Pryor Center

by Arkansas Business Staff 11/2/2017 11:17 am

The David and Barbara Pryor Center for Arkansas Oral and Visual History said this week that it has received $1.5 million from Barbara A. Tyson and the Tyson Foods Foundation Inc.

Arkansas Year-to-Date Revenue Misses Forecast by $36M

by Sarah Campbell-Miller 11/2/2017 10:17 am

Arkansas revenue collected during the first four months of the fiscal year was up 1.3 percent from the same period last year, but $36 million below forecast, according to a monthly report.

House GOP Tax Overhaul Keeps Retirement Rules

by Associated Press 11/2/2017 09:50 am

House Republicans would preserve the popular retirement account for middle-class Americans while limiting a cherished deduction for homeowners in a sweeping tax cut plan unveiled Thursday that would add $1.5 trillion to the nation's debt.

Murphy Oil Reports Net 3Q Loss of $66M

by Kyle Massey 11/1/2017 04:51 pm

Murphy Oil Corp., the oil exploration and production giant based in El Dorado, reports a net loss of $66 million from continuing operations in the third quarter, or 38 cents per diluted share.

Murphy USA Posts 3Q Profit of $67.9M

by Kyle Massey 11/1/2017 03:58 pm

Murphy USA Inc., the nationwide fuel retailer and convenience store chain based in El Dorado, reported a third-quarter net income of $67.9 million and earnings of $1.90 per diluted share, beating analysts' estimates.

Acxiom Reports 2Q Loss of $3.3M, Revenue Up 4 Percent

by Sarah Campbell-Miller 11/1/2017 03:23 pm

Acxiom Corp. of Conway reports a second-quarter loss of $3.3 million, down from a profit of $7.1 million in the same quarter a year ago.

Trump Says He'll Announce New Fed Head Thursday

by Associated Press 11/1/2017 11:50 am

President Donald Trump says he'll announce the "new head" of the Federal Reserve Thursday afternoon.

Mercy Clinic, Cooper Clinic Announce Merger

by Arkansas Business Staff 11/1/2017 09:55 am

Cooper Clinic and Mercy Clinic in Fort Smith announced Wednesday that they have merged. The organizations' boards of directors approved the agreement last month.

UA Pesticide Expert Asks Congress to Continue Funding Farmer-to-Farmer Program

by Sarah Campbell-Miller 11/1/2017 09:41 am

A pesticide expert at the UA Cooperative Extension Service involved in Winrock International's Farmer-to-Farmer program testifies before Congress on why funding for the program should continue.

Survey Suggests More Economic Growth Ahead for Midwest

by Associated Press 11/1/2017 09:05 am

A monthly survey of business leaders suggests economic conditions continue to improve for nine Midwest and Plains states.

Wal-Mart Hopes to Make Stores Livelier for the Holidays

by Associated Press 11/1/2017 07:38 am

As more shoppers shift online, Wal-Mart hopes to make its stores more fun this holiday season.