LATEST ARTICLES BY Arkansas Business Staff
Dillard’s Announces Special Dividend, Marking Largest Payout in Company History
Dillard’s Inc. will pay a record $25 per share dividend in January, totaling millions for family members. Despite a 19.76% profit drop, the family controls the company.
Vocational Training Gains Ground in Arkansas with Issue 1’s Approval
Mark Moreland believes Issue 1’s passage will boost respect for vocational education, with 90% voter approval allowing lottery funds for technical school scholarships.
Pleasant Ridge & Pleasant Valley Pointe Apartments Sell for $31.7M
West Little Rock apartments lead off this week’s collection of million-dollar real estate transactions and construction contracts.
Arkansas Accountants’ Annual Pay Averages $70,290
The annual mean wage of accountants and auditors in Arkansas was $70,290 as of May 2023, according to the U.S. Bureau of Labor Statistics. That compares with $70,660 in May […]
America’s Car-Mart Swings Back to Profitability in Fiscal Q2
The results snapped Car-Mart’s eight-quarter streak of declining profitability and sent shares of the company up more than 21%.
Winthrop Rockefeller Foundation Launches New $50M Grant Fund
The Winthrop Rockefeller Foundation has launched the Arkansas Enterprise Capital Grant Fund, aiming to raise $50 million for nonprofits across the state.
Outgoing Game & Fish Director Austin Booth Named CEO of Outdoor Lifestyle Company
He’ll lead Banded Holdings Inc. of Memphis, which offers products ranging from waders and boots to decoys, dog vests and field blinds.
Be Pro Be Proud Expands Leadership Team
Be Pro Be Proud has expanded its leadership team with a new business development manager, marketing manager, special events manager and state director for Alabama.
Little Rock Law Firm Hosto & Buchan Changes Name to Hosto & Cardis
The move recognizes the contributions of attorney Frank Cardis, who joined the firm in 2018 and has served as its managing partner for the past two years.
Arvest Foundation Gives $102K to Organizations in Central Arkansas
The funds support organizations that are “actively working to create positive change for others,” the foundation said in a news release.
ARDOT Awards $19.2M for Recreational Trails and Alternative Transportation Projects
A total of 65 projects around the state were awarded funds.
Jared Wiley Named Next ARDOT Director; Philip Taldo Named Highway Commission Chair
Wiley is currently the department’s chief engineer for preconstruction. He’s been with ARDOT since 2005.
Envirotech Narrows Q3 Losses, Acquires Government Contracting Firm
The electric vehicle maker said the acquisition of Maddox Industries is expected to deliver a multimillion-dollar revenue stream over the next three years.
Why Holiday Catalogs Are Smaller This Season
Lands’ End, Duluth Trading Company and Hammacher Schlemmer are among gift purveyors using smaller editions. Some retailers are saving even more money with postcards.
UA Little Rock Awarded $80K to Develop Educational Materials on Historic Mural
UA Little Rock has received nearly $80,000 to create a curriculum and digital education tools centered around a historic Arkansas mural.
ARDOT Director Lorie Tudor to Retire
Tudor began her career with the department in 1981 as a clerk typist. As director, she oversaw the largest project in department history.
State Tax Revenue Rises 8.3% in November
The increase was driven by higher-than-expected returns in individual and corporate income taxes, coupled with lower-than-anticipated refund claims.
CARTI’s Festival of Trees Breaks Fundraising Record, Raises Nearly $870K
The CARTI Auxiliary’s Festival of Trees has surpassed fundraising records for the second consecutive year, raising nearly $870,000.
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Arkansas Business Names Finalists for Business of the Year Awards
The annual Legacy of Leadership award will be presented to Charles Nahbolz, chairman emeritus of Nabholz Corp. of Conway.
Rock Dental Secures $90M in Funding to Continue Growth, Adds Chief Development Officer
With the new funding, Rock Dental is adding two new clinic partnerships in Birmingham, Alabama.