Today's News

Killing Gators vs. Draining Swamp (Barry Goldberg On Leadership)

by Barry Goldberg 5/16/2016 12:00 am

All organizations find themselves in overload occasionally, a prolonged period when there simply are not enough resources to go around. Here are a few thoughts I have picked up over the years from knowledgeable authors and talented leaders.

Little Rock Wastewater CEO Greg Ramon: Pipe Dreams Won't Require Money Going Down the Drain

by Arkansas Business Staff 5/16/2016 12:00 am

Greg Ramon, who has 26 years of experience in the water and wastewater sector, replaced Reggie Corbitt, who was fired as LRW CEO in January 2014 over what police described as “questionable expenditures.”

Lawsuit Filed Over Arkansas Ethics Measure's Rejection

by Andrew DeMillo, The Associated Press 5/13/2016 03:08 pm

A Little Rock attorney is suing Arkansas Attorney General Leslie Rutledge for rejecting the wording of his ballot proposal that would expand the state's ban on lobbyist gifts to elected officials and impose new campaign finance restrictions.

Grant to Support Projects at Japanese Relocation Camps

by Associated Press 5/13/2016 02:54 pm

The grants announced Friday include $153,699 to the Central Arkansas Library System for a project called "Exhibitions and Educational Outreach on the Confinement Camps at Rohwer and Jerome, Arkansas."

2 Regulators OK Bank of the Ozarks' Acquisitions

by Arkansas Business Staff 5/13/2016 02:37 pm

Bank of the Ozarks Inc. of Little Rock said Friday that it has received regulatory approval for its previously announced acquisitions of Community & Southern Bank of Atlanta and C1 Financial Inc. of St. Petersburg, Florida.

Asa Hutchinson Tells Schools to Disregard LGBT Directive

by Andrew DeMillo, The Associated Press 5/13/2016 12:58 pm

Gov. Asa Hutchinson is recommending public schools disregard an Obama administration directive that they must permit transgender students to use bathrooms and locker rooms consistent with their chosen gender identity.

Wal-Mart Shareholder Suit Over Bribery Allegations Dismissed

by Associated Press 5/13/2016 12:53 pm

A judge has dismissed a shareholder lawsuit over alleged bribery involving Wal-Mart's operations in Mexico.

US Retail Sales Show Solid Gain Despite Woes at Store Chains

by Associated Press 5/13/2016 10:41 am

Americans stepped up their online shopping and bought more autos in April, suggesting that consumers may be spending more than indicated by a slump among major retailers.

Unity Health of Searcy Joins Mayo Clinic Care Network

by Associated Press 5/13/2016 10:22 am

A Searcy-based hospital system has become the first health care organization in Arkansas to join the Mayo Clinic Care Network.

Dillard's 1Q Net Income Down $32.2M

by Alexis Hosticka 5/12/2016 04:03 pm

Dillard's Inc. of Little Rock on Thursday reported first-quarter net income of $77.4 million, or $2.17 per share, compared to net income of $109.6 million, or $2.66 per share, for the same quarter last year.

Sean Williams Installed as Bankers Association Chairman; Cathy Owen Added to Lineup

by Gwen Moritz 5/12/2016 03:00 pm

Sean Williams was installed Thursday as chairman of the Arkansas Bankers Association for 2016-17. As vice chairman, Cathy Owen is in line to become the first woman elected to the top position in 2018.

Tech Park Board Told FinTech Startups Will be Named Monday

by Sarah Campbell 5/12/2016 11:52 am

The Little Rock Technology Park Authority Board on Wednesday was told the first phase of the development, which includes work on 415 and 417 Main St., is on time and going smoothly.

Asa Hutchinson Announces Appointments

by Arkansas Business Staff 5/12/2016 11:17 am

Gov. Asa Hutchinson on Wednesday announced appointments to state boards and commissions.

Tim Moore Named FleetNet VP

by Marty Cook 5/12/2016 11:11 am

Tim Moore was named vice president of roadside operations for FleetNet America, the maintenance division of ArcBest Corp. of Fort Smith.

Communications Sales & Leasing Reports 1Q Earnings up From 4Q

by Sarah Campbell 5/12/2016 10:21 am

Communications Sales & Leasing of Little Rock on Thursday reported a first-quarter net income of $8 million, a gain of $800,000 from $7.2 million in the fourth quarter.

Report: US Poultry Workers Forced to Wear Diapers on Job

by Associated Press 5/12/2016 09:33 am

A report from international advocacy group Oxfam says poultry workers in the United States labor in a "climate of fear," with some forced to wear diapers on the job.

Wal-Mart Sharpens Amazon Attack With 2-Day Delivery Service

by Associated Press 5/12/2016 09:12 am

The world's largest retailer is trimming its free-shipping pilot program from three days to two for members, and cutting a dollar off the membership price, which is now $49 per year.

Three Former Employees Plead Guilty to Stealing $3.9M From Walnut Ridge Bank

by Gwen Moritz 5/11/2016 05:15 pm

Brenda Montgomery and Cindy Tate, both of Walnut Ridge, pleaded guilty on Tuesday, and Peggy Sutton of Biggers admitted guilt on Wednesday. They will be sentenced at a later date.

Stephens Inc. Fined $900K for Lax Supervision of Internal Emails

by Gwen Moritz 5/11/2016 04:32 pm

Stephens Inc. consented to the FINRA fine without admitting or denying the findings, and spokesman Frank Thomas told Arkansas Business that Stephens Inc. would not comment on the order.

Arkansas Moves Up on List of Chief Executive Magazine's Best States for Business

by Arkansas Business Staff 5/11/2016 04:12 pm

Arkansas jumped 10 spots to No. 23 in Chief Executive magazine's latest Best & Worst States for Business annual survey.