Today's News

Arkansas Sees Increase in Personal Income

by Arkansas Business Staff 4/9/2018 12:00 am

Personal income in Arkansas rose 3.2 percent in 2017, the U.S. Bureau of Economic Analysis reported late last month. That increase beat the average for all the states of 3.1 percent.

Employers, Employees Turning to Gig Work

by Marty Cook 4/9/2018 12:00 am

Shawn Camp is a happy participant in the gig economy, so named for the members of the workforce who take contract jobs — gigs — rather than long-term permanent employment with a single employer.

Some Companies Say Dogs Make for a Lower-Stress Workplace

by Sarah Campbell-Miller 4/9/2018 12:00 am

Having dogs at work sets a fun tone and reduces employee stress, three Arkansas companies that welcome them in their offices told Arkansas Business.

For Hiring and Productivity, Paternity Leave Delivers

by Sarah Campbell-Miller 4/9/2018 12:00 am

Providing paid paternity leave helps recruit talent, and new dads who use it return to work more productive, according to two Arkansas companies offering the benefit, still a rarity.

Jessica DeLoach Looking for Local Leaders, Including One at Home

by Kyle Massey 4/9/2018 12:00 am

Political analyst and TV commentator Jessica DeLoach has a new job in Washington with The NewDEAL, a network promoting progressive policies and candidates nationwide.

Innovation Hub's Christopher Jones Finds Economic Dedication Across Arkansas

by Arkansas Business Staff 4/9/2018 12:00 am

The Arkansas Regional Innovation Hub has a new executive director and lead maker, and he's ready to listen.

Pediatrics Plus Attracts $9.5 Million Transaction (Real Deals)

by George Waldon 4/9/2018 12:00 am

EMR Land Co. LLC of Reno, Nevada, and the JWDM Trust of Los Angeles bought the 32,788-SF developmental preschool at 1540 Country Club Road in Sherwood from Pediatrics Plus Real Estate Sherwood LLC, led by Todd Denton.

Update: BB&T to Acquire Regions Insurance

by Gwen Moritz 4/6/2018 11:46 am

BB&T Corp., a financial services holding company based in North Carolina, announced Friday that its insurance brokerage subsidiary, BB&T Insurance Holdings Inc., would acquire Regions Insurance, which has a large presence in Arkansas.

Arkansas Board Approves New Rules For Opioid Prescriptions

by Associated Press 4/6/2018 11:45 am

An Arkansas board has approved regulations that add more requirements for doctors prescribing high doses of opioids.

Chad May Named CEO of Armor Bank Ahead of Central Arkansas Expansion

by Gwen Moritz 4/6/2018 11:10 am

The Forrest City bank, owned by Mark and Nathan Waldrip, plans to expand into central Arkansas, where May will continue to be based.

Facebook says it should have audited Cambridge Analytica

by Associated Press 4/6/2018 10:39 am

Facebook's No. 2 executive says the company should have conducted an audit after learning that a political consultancy improperly accessed user data nearly three years ago.

US Added Modest 103K Jobs in March; Rate Stays 4.1 Percent

by Associated Press 4/6/2018 08:16 am

U.S. employers added a modest 103,000 jobs in March after several months of bigger gains, though the government's overall jobs report suggests that the labor market remains healthy.

Acxiom Corp. Trims Workers As It Combines Segments

by Sarah Campbell-Miller 4/5/2018 03:16 pm

Acxiom Corp. of Conway says it is cutting 2 percent of its global workforce of about 3,300 as it combine its Audience Solutions and Marketing Services divisions into a new business unit called Acxiom Marketing Solutions. The company declined to say how many Arkansas workers would be affected.

Uniti Group CEO Kenny Gunderman, Other Execs Paid More in 2017

by Sarah Campbell-Miller 4/5/2018 02:58 pm

Total compensation for Kenny Gunderman, CEO and president of Uniti Group Inc. of Little Rock, increased to $5.4 million in 2017 from $5.1 million in 2016.

Tyson Foods Expanding Safety Programs to 12 Poultry Plants

by Associated Press 4/5/2018 02:38 pm

Tyson Foods is expanding the safety programs it has been testing in its beef plants to 12 poultry plants, allowing workers there to stop the line if they have safety concerns.

Bankruptcy Judge Rules Against Cantrell Drug

by Mark Friedman 4/5/2018 10:59 am

A U.S. Bankruptcy Court judge rules against Cantrell Drug Co.'s request to stay a federal regulators' civil lawsuit, which now threatens to put the Little Rock compounding pharmacy out of business.

FinTech Firm BankLabs to Add 19 Jobs in Little Rock

by Lance Turner 4/5/2018 10:20 am

BankLabs of Little Rock says will create up to 19 full-time jobs in the capital city by the year 2020.

Governor Asa Hutchinson Announces Appointments

by Arkansas Business Staff 4/5/2018 09:39 am

Gov. Asa Hutchinson on announces appointments to boards and commissions.

Long-Term US Mortgage Rates Fall; 30-Year at 4.4 Percent

by Associated Press 4/5/2018 09:20 am

Long-term U.S. mortgage rates fell this week, benefiting potential homebuyers with the spring buying season underway.

Report: Opioid Addiction Costs Employers $2.6B A Year for Care

by Associated Press 4/5/2018 09:18 am

A new report shows large employers spent $2.6 billion to treat opioid addiction and overdoses in 2016, an eightfold increase since 2004. More than half went to treat employees' children.