Today's News

Southern Bancorp to Buy Mississippi's Smallest Bank

by Gwen Moritz 8/19/2014 11:18 am

Southern Bancorp Inc. of Arkadelphia announced Tuesday a plan to buy the smallest bank in Mississippi, the Bank of Bolivar County.

Texarkana Hotel Group to Pay $915K

by Associated Press 8/19/2014 07:43 am

A settlement has been reached between a Texarkana hotel owner and the contractors who built the city's new convention center and hotel.

Mark Martin Pays Back $2,100 for Homestead Tax Credits

by Andrew DeMillo, The Associated Press 8/18/2014 05:29 pm

Arkansas Secretary of State Mark Martin has paid $2,100 to Benton County for improperly receiving tax credits on two homes over the past three years, and indicated he planned to make more payments for claiming both houses as his primary residence.

Update: More Signatures Submitted for Wage Hike Item

by Associated Press 8/18/2014 03:52 pm

A group proposing to gradually raise Arkansas' minimum wage has submitted additional signatures in its effort to put the increase before voters in November.

Bruce Oakley To Give Turner Grain Money To Judge

by Mark Friedman 8/18/2014 03:28 pm

A North Little Rock company plans to hand over money it owes Turner Grain Merchandising Inc. of Brinkley to a judge to decide how to divide it among Turner's creditors.

Couples: Deny Stay in Arkansas Gay Marriage Case

by Jill Bleed, The Associated Press 8/18/2014 03:19 pm

Couples challenging Arkansas' gay marriage ban have asked the state Supreme Court to deny the state's request to delay proceedings in the lawsuit pending a possible U.S. Supreme Court ruling in a similar case.

2 Dead, 2 Hurt in Arkansas Freight Train Collision

by Associated Press 8/18/2014 11:16 am

Two Union Pacific train crew members were killed and two others were injured when two freight trains collided head-on in northeast Arkansas early Sunday, Arkansas State Police said.

Hospital Operator Community Health Systems Reveals Cyberattack

by Gwen Moritz 8/18/2014 10:40 am

Community Health Systems Inc., which operates hospitals in Fort Smith, Bentonville, Springdale and seven other cities in Arkansas, on Monday blamed Chinese hackers for a cyberattack that accessed "non-medical" data on 4.5 million patients of its affiliated physicians.

Fort Smith Stays on Top of Arkansas Tech Business Index; 11 Cities Improve

by Lee Hogan 8/18/2014 10:19 am

For the third month in a row, Fort Smith remained on top of the Arkansas Tech Business Index, according to data compiled for May.

Arkansas Unemployment Rate at 6.2 Percent in July

by Lee Hogan 8/18/2014 09:03 am

Arkansas' unemployment rate was 6.2 percent in July, down one-tenth of a percentage point from June, according to a report released Monday by the state Department of Workforce Services.

Agricultural Tourism Growing in Arkansas

by Associated Press 8/18/2014 07:32 am

Agritourism is growing in Arkansas as more farm owners open their gates to tourists and form a spiderweb-like network among several state agencies and nonprofit organizations.

New Regulations a Pain in the Neck for Chiropractic 'Runners'

by Mark Friedman 8/18/2014 12:00 am

A combination of regulation and enforcement has begun to chip away at the lucrative business plan that has generated so many complaints that the Arkansas State Board of Chiropractic Examiners had to add another full-time staff position.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

John Rogers West Side Condo Back on Manhattan Market

by Arkansas Business Staff 8/18/2014 12:00 am

A condo overlooking New York's Central Park that John and Angelica Rogers have rented for several years recently went back on the market.

Windstream Spinoff Hits Dividend Even More Than You Think

by Michelle Corbet 8/18/2014 12:00 am

On July 29, Windstream Holdings Inc. sent shock waves through Wall Street when it announced it would spin off most of its physical assets — mostly copper wires and fiber-optic cables — into a separate, publicly traded real estate investment trust.

Whatsoever Things Are of Good Report (Gwen Moritz Editor's Note)

by Gwen Moritz 8/18/2014 12:00 am

Sometimes newsworthiness isn't cut and dried. But things that are true and honest and just — I actually get paid to think on these things and to decide whether they are newsworthy, whether or not they are pure and lovely and praiseworthy.

Maumelle Firm Southland Metals Wins $3.8M Judgment

by Mark Friedman 8/18/2014 12:00 am

Southland Metals Inc. of Maumelle won a $3.84 million judgment last month when a federal court jury in Fayetteville considered its breach-of-contract case against a former client, American Castings LLC of Pryor, Oklahoma.

Co-op Ozark Natural Foods Preps for Whole Foods Competition in Fayetteville

by Marty Cook 8/18/2014 12:00 am

When Whole Foods announced its plans in the spring to locate a store in Fayetteville, it elicited cheers from fans of the high-end grocery store and concern from supporters of Fayetteville's own organic Ozark Natural Foods, the state's only grocery co-operative.

Shannon Newton on The Public's 'Blind Spot' Toward Trucking

by Arkansas Business Staff 8/18/2014 12:00 am

Shannon Newton was named president of the Arkansas Trucking Association on June 11 to replace Lane Kidd, who stepped down after 22 years.

When Discipline Is Required (Robert F. Wayland Expert Advice)

by Robert F. Wayland 8/18/2014 12:00 am

Understanding the arbitrator's viewpoint on disciplinary actions can provide employers guidance even before corrective action becomes necessary.