Today's News

Gannett Names New President, Publisher of Baxter Bulletin

by Sean Beherec 12/8/2014 03:01 pm

Gannett Co. Inc. has named Daniel Norselli as the new president and publisher of the Baxter Bulletin of Mountain Home and the Springfield News-Leader of Missouri.

Downtown Partnership Leader Sharon Priest to Retire

by Arkansas Business Staff 12/8/2014 01:45 pm

The Downtown Little Rock Partnership said Monday that its executive director, Sharon Priest, will retire at the end of January.

Arkansas AG: Woman Pleads Guilty to Medicaid Fraud

by Associated Press 12/8/2014 12:31 pm

Arkansas' attorney general says a Crittenden County woman has pleaded guilty to Medicaid fraud.

At Clinton School, Arkansas Lawmakers to Discuss New Ethics Rules

by Associated Press 12/8/2014 08:06 am

State lawmakers and others are scheduled to discuss a state constitutional amendment that prohibits most lobbyist gifts to elected officials and bars corporate campaign contributions and addresses term limits.

World Services for the Blind Hires Stacey Schwartz as CEO, President

by Lee Hogan 12/8/2014 06:30 am

World Services for the Blind of Little Rock has its third top executive of the calendar year. Stacey Hunter Schwartz took over the role Nov. 17, replacing Tony O. Woodell, former chief operating officer, who was only appointed to the position in June.

East-Harding's Van Tilbury on Getting Students To Climb the Ladder into Construction

by Arkansas Business Staff 12/8/2014 12:00 am

Van Tilbury is chairman-elect of the Little Rock Regional Chamber of Commerce and will focus his 2015 chairmanship on issues including workforce development, education, public safety and economic development.

5 Tasks to Do Now to Reduce Your Tax Bill (Richard Bell Expert Advice)

by Richard Bell 12/8/2014 12:00 am

With the holidays in full swing, most of us aren't thinking about taxes. But before you know it, the Christmas gifts will turn to credit card bills and taking steps to reduce your tax liability now could make a jolly new year come tax time. So while you're making your holiday list, consider adding these five things to make next April a little more enjoyable too.

Traditions That Just Need to End (Gwen Moritz Editor's Note)

by Gwen Moritz 12/8/2014 12:00 am

Smart retailers, the kind that survive, will adjust to consumer habits. They will recognize which things people buy online and which things they still want to buy in a store. But, as the NRF pointed out again last week, brick-and-mortar “Main Street” retailers deserve a level playing field.

Demand Rises For Body Cameras, Rarely Used by Police in Arkansas

by Sean Beherec 12/8/2014 12:00 am

Following the shooting death of Michael Brown in Ferguson, Missouri, in August, and questions about what actually happened during his encounter with Officer Darren Wilson, there has been a resurgence in calls for all police to wear body cameras.

Ralph Bradbury Vows to Fight IRS Bill

by Mark Friedman 12/8/2014 12:00 am

Ralph Bradbury, the former president of the defunct Continental Express Inc. of Little Rock, said he will continue to fight an $823,166 judgment he recently received for the trucking company's unpaid payroll taxes.

Citizens Bank Nabs Hot Springs Southern Bancorp Staffers

by Arkansas Business Staff 12/8/2014 12:00 am

There's been another mass migration from one bank to another, and this one is messier than usual. The Citizens Bank of Batesville has hired 10 lenders and support staff away from Southern Bancorp Bank in Hot Springs.

Little Rock Land Eyed for FedEx Center Sold for $3.4M

by Arkansas Business Staff 12/8/2014 12:00 am

Development of a 311,684-SF FedEx Corp. distribution center is officially in motion in southwest Little Rock near the northwest corner of Alexander and Loop roads.

Big River Pushes Construction Total to $2.2B

by George Waldon 12/8/2014 12:00 am

The valuation of large commercial projects underway in Arkansas approached $2.2 billion, nearly double the tally from a year ago. The big leap was thanks in no small measure to the $700 million construction contract for the Big River Steel Mill manufacturing facility near Osceola.

Opinions Divided On Dillard's REIT

by Mark Friedman 12/8/2014 12:00 am

Marcato Capital Management LP of San Francisco, which owns 4.9 percent of Dillard's Inc. stock, said in a news release last month that it wants the company to create a stand-alone real estate investment trust for its assets.

Wal-Mart Investment in Solar Energy Transforms Industry

by Sean Beherec 12/8/2014 12:00 am

Wal-Mart's investment in solar energy over the last nine years has paid off not only for the company, but also for its competitors and other businesses, as its scale has helped transform the industry.

VCC Goes Big in Vegas with $344M Downtown Summerlin Project

by George Waldon 12/8/2014 12:00 am

Completing a half-built, 1.5 million-SF retail-office center in less than 18 months presented a desert challenge for VCC LLC. The sprawling Downtown Summerlin project in the western suburbs of Las Vegas also represented unfinished business for the Little Rock general contracting firm.

ASU Board Names President's Home After Supporter

by Associated Press 12/7/2014 02:04 pm

The Arkansas State University Board of Trustees has named the home it provides the ASU System president in Little Rock in honor of a university supporter.

Hutchinson Tax Cut Pitch Mirrors Beebe's (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 12/7/2014 01:58 pm

Gov.-elect Asa Hutchinson's pitch to Arkansas farmers on why they should support his $100 million tax cut proposal was a simple one: I've stood with you on your tax exemptions, so help me in passing a reduction that will go even further.

Report Says Arkansas Lottery Hampered by Mistrust

by Andrew DeMillo, The Associated Press 12/5/2014 04:43 pm

Arkansas' lottery offers too many games, pays more to its vendors than comparable states and suffers from mistrust from the public dating back to its launch five years ago, a consultant hired to review the games told lawmakers on Friday.

Steve Standridge Sentenced to 60 Months in Prison

by Arkansas Business Staff 12/5/2014 03:47 pm

Steven Alan Standridge of Mount Ida, who pleaded guilty in July to two felonies, was sentenced Friday to 60 months in prison, three years of supervised release and $2.7 million in restitution.