Today's News

Fort Smith's Pruitt Tool & Supply Co. Going Global

by Marty Cook 7/14/2014 12:00 am

From modest beginnings, Pruitt Tool now has nine offices across the United States and has business interests overseas in countries such as Russia and Turkey. The company rents its patented equipment, the Pruitt rotating control device, to oil rigs drilling for oil and gas.

Setback for Medical Pot Push in Arkansas (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 7/13/2014 05:58 pm

In 2012, by the slimmest of margins, Arkansas missed being the first state in the South to legalize medical marijuana - less than 2 percent. Nearly two years later, another push to legalize the drug failed to even muster enough signatures to place the issue on the ballot.

Tracy Morgan Sues Wal-Mart for Crash That Killed 1 in New Jersey

by Associated Press 7/12/2014 10:47 am

Former "Saturday Night Live" star Tracy Morgan has sued Wal-Mart over a highway crash involving one of its drivers that left him seriously injured and a fellow comedian dead.

Fayetteville's APEI Earns R&D 100 'Oscar of Innovation'

by Arkansas Business Staff 7/11/2014 03:49 pm

The R&D 100 is a prestigious list of the world's top 100 tech-based product innovations included each year in R&D Magazine. The R&D 100 is known as the "Oscars of Innovation" and past award winners have included the flashcube, ATM, fax machine and HDTV.

Sign-hanging, Island Building Closing Lanes at Big Rock Interchange in LR

by Associated Press 7/11/2014 03:40 pm

The state Highway and Transportation Department said Friday that the eastbound lane of Financial Center Parkway from Hermitage Road to Interstate 630 will be closed so crews can build traffic islands amid a construction project. Work will take place next Monday through Friday from 9 a.m. to 3 p.m.

Hutchinson, Ross Spar Over Minimum Wage, Health Care Overhaul in Debate

by Andrew DeMillo, The Associated Press 7/11/2014 01:41 pm

Ross on Friday criticized Hutchinson for not supporting a ballot measure to gradually raise the state's minimum wage, saying the GOP candidate doesn't support letting voters decide the issue. Hutchinson said he wants the minimum wage raised to at least the federal level, but says the matter should be decided by the Legislature.

AG Candidates Split Over 'Federal Overreach'

by Associated Press 7/11/2014 12:54 pm

The Democratic and Republican candidates for Arkansas attorney general are divided over whether the office should be used to fight the federal government.

Lyon College Receives $1M Donation from Wilson Foundation

by Arkansas Business Staff 7/11/2014 10:52 am

Lyon College has received a $1 million gift from the R.E. Lee Wilson Trust Foundation to help fund the construction of its new residence halls. The donation will go toward the construction of two residence halls that will accommodate 100 students each. The project is to be completed in fall 2015.

Dr. Lowry Barnes to Chair UAMS Orthopedic Surgery Department

by Gwen Moritz 7/11/2014 10:48 am

Barnes will continue seeing patients at Arkansas Specialty Orthopaedics and at St. Vincent Infirmary Medical Center, as well as at the University of Arkansas for Medical Sciences.

Jay Chesshir: Acquisition Process for Tech Park Could Be Done by End of Year

by Mark Carter 7/11/2014 10:05 am

Little Rock Regional Chamber of Commerce CEO Jay Chesshir believes the acquisition process for the recommended site of the planned Little Rock tech park could be "substantially done by the end of the year."

Conway's Second Chick-fil-A Opens Thursday

by Lee Hogan 7/10/2014 08:22 pm

After 10 years with only one location, Conway's second Chick-fil-A opens Thursday at 2510 Prince St. The restaurant will employ 60 workers, and have seating for 139 patrons indoors and another 40 outside.

Opponents Say 12-Week Abortion Ban Won't Stand

by Associated Press 7/10/2014 04:10 pm

Arkansas is trying to overturn 40 years of court precedent that abortion is legal until the point a fetus can live outside the womb, opponents of a state law that would ban the procedure 12 weeks into a pregnancy argued Thursday.

Agriculture Industry Seeks to Create 'Right to Farm'

by Associated Press 7/10/2014 01:56 pm

The emerging battle could have lasting repercussions for the nation's food supply and for the millions of people worldwide who depend on U.S. agricultural exports. It's also possible that the right-to-farm idea could sputter as a merely symbolic gesture that carries little practical effect beyond driving up voter turnout in local elections.

UCA Gauging Retail Interest in Mixed-Use Development

by Lee Hogan 7/10/2014 11:04 am

The University of Central Arkansas is starting to look into the interest levels businesses may have in being a part of the first phase of the university's renovation of Donaghey Avenue.

State-Run Golf Course Remains in Red After Opening

by Associated Press 7/10/2014 11:02 am

The Arkansas Department of Parks and Tourism took over management of The Ridges, a 27-hole golf course in Village Creek State Park near Wynne. Officials say the project was planned as a public-private partnership, but the state took over operations after a private partner went into foreclosure.

LR Tech Park Board Hears Main Street Site Recommendations

by Arkansas Business Staff 7/10/2014 09:53 am

The real estate firm selected by the Little Rock Technology Park Authority Board to help search for a downtown site for the planned tech park on Wednesday recommended the acquisition of five properties along Main and Scott streets.

Top Senate Democrat Blocks Votes on Gun Proposals

by Associated Press 7/10/2014 09:45 am

The legislation was seen as a political boon to Democratic senators from GOP-leaning states who co-sponsored the bill and face competitive re-election races this November. That included the chief Democratic sponsor, Sen. Kay Hagan of North Carolina, plus co-sponsors Sens. Mark Pryor of Arkansas, Mark Begich of Alaska, Mary Landrieu of Louisiana, John Walsh of Montana and Mark Udall of Colorado.

Secretary of State: Don't Block Voter ID Law

by Associated Press 7/10/2014 09:43 am

Arkansas Secretary of State Mark Martin's office is asking a judge to deny a request to block a voter ID law, saying it would cause "irreparable harm" to the state.

Alcohol Sales Amendment Meets Initial Signature Requirement

by Lee Hogan 7/9/2014 09:18 pm

The Arkansas Alcoholic Beverage Amendment has met the initial signature requirement, and is one step closer to making its way to the November ballot.

Donnie Frederic, CEO of St. Mary's at Russellville, Dies at 60

by Gwen Moritz 7/9/2014 05:04 pm

Frederic, who had previously worked in Little Rock, Springdale and Bentonville, died of an apparent heart attack on Friday while on vacation in Montreal.