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Stephens Inc. and Stephens Investment Management Group, both based in the Stephens Building in Little Rock, were both ranked in the Top 5 of Arkansas Business' Largest Money Managers list.
Banking & Finance / Business Services / Insurance

RIA That Lost Client Falls as Others Rise

The pandemic years have been good for registered investment advisors, with most of the top RIAs based in Arkansas posting increased assets under management since Arkansas Business’ last list of money managers appeared a year ago. read more >
Agriculture & Poultry / Banking & Finance / Government & Politics

Big Farm Subsidies Surge Is Crisis-Driven, Industry Says

Trade war repercussions with China and Trump administration spending to keep farmers solvent in a commodities price crash propelled federal farm subsidy payments in Arkansas to a record $828 million in 2019. read more >
Workers with Hawkeye Enterprises doing paving work near Newport’s airport, known locally as the air base. The area is home to a dozen industries and two state prisons.
Business Services / Education / Government & Politics

To Keep Job Surge, Newport Keeps TaxLock Icon

For the past 20 years, a half-cent for every buck spent in Newport has pumped millions of dollars into local economic development, helping to stem an exodus and turn Jackson County into a commuter destination for 3,000 incoming workers per day. read more >
A rendering of the planned Central Commerce Center in North Little Rock
Business Services / Construction / Investments

In Amazon’s Wake, Big Project Marks Area as Warehouse HubLock Icon

Amazon and the Central Commerce Center heat up speculation in the Little Rock metro, with more top-notch space in the development pipeline. read more >
Southern Aluminum’s 73,000-SF plant in Magnolia makes furniture for customers in the U.S., Canada and Latin America.
Business Services / Investments / Retail

Southern Aluminum Sets Tables for Picnics, Conferences

Southern Aluminum of Magnolia has a place for everyone at the table. read more >
Doug McMillon speakers at the 2019 Walmart shareholders' meeting at Bud Walton Arena in Fayetteville.
Agriculture & Poultry / Banking & Finance / Business Services

Walmart Reigns in Net Income, Executive Pay

Walmart Inc. rules Arkansas Business’ annual lists of the state’s public companies and how much their executives are paid, and it’s hard to imagine a time when that won’t be true — especially as the lists get shorter. read more >
Arkansas Federal Credit Union’s Rodney Showmar talks about the $17.4 million purchase-facelift of the former FamilyLife Building in Little Rock.
Banking & Finance / Business Services / Construction

Banner Profits for AFCU Accompany Long-Planned HQ MoveLock Icon

Arkansas Federal Credit Union is poised to move its headquarters from Jacksonville to Little Rock amid its most profitable season since its 1956 launch. read more >
Black Apple cider tender Broox Piggee hands an order to customer Jody Burkett.
Agriculture & Poultry / Banking & Finance / Government & Politics

Arkansas Distilleries, Wineries Cheer Customers’ ReturnLock Icon

After a year in the barrel, spirit makers in Arkansas welcome tasters and tours. read more >
April Roy is the founder and CEO of FemPAQ in Bentonville.
Banking & Finance / Business Services / Education

Women’s Stunted Capital Blocks Better EconomyLock Icon

Arkansas is missing out on tax revenue, jobs, wealth building, new products and services that could improve lives, business diversity and community investment, all because women struggle to access business capital. read more >
Patrick Schueck is president of Lexicon Inc. For some companies, automating jobs helps companies either keep their operations here or reshore them. Many Arkansas manufacturers are having difficulty filling jobs because of the lack of qualified workers.
Agriculture & Poultry / Banking & Finance / Business Services

2020 Brought Feast, Famine to Private Companies

Data collected for this week’s list of private companies illustrated the uneven and sometimes counterintuitive impact of the COVID-19 pandemic on various industries. read more >
Paul Becker, chief financial officer for the city of Fayetteville.
Business Services / Education / Government & Politics

Surprise! City Sales Tax Receipts Rise, Defying COVID-19 PredictionsLock Icon

When the pandemic began devastating commerce in March 2020, Arkansas cities slashed budgets and tabled projects, fearing sales tax revenues would fall off the shelf. read more >
Banking & Finance / Insurance / Restaurants & Food

78 Companies Receive $100,000-Plus From BIG Program

The Business Interruption Grant program awarded all but 11 cents of its appropriation to 2,136 businesses out of 3,118 applications received during the application period in November. read more >
Aaron Burkes, CEO of XNA, believes northwest Arkansas air traffic will steadily return to something closer to normal, particularly after Walmart Inc. fully reopens its headquarters in Bentonville.
Banking & Finance / Business Services / Construction

Airports See Light as Flyers Feel Free to Move About

The state’s two major airports are starting to take flight again after a long year of mostly empty planes and terminals. read more >
The Civil Engineering Center at the University of Arkansas in Fayetteville is taking shape.
Education / Health Care / Media & Marketing

Higher Ed Construction Dots the StateLock Icon

A dozen of the biggest higher education construction projects now active in Arkansas total more than $381 million. read more >
Westrock Coffee
Agriculture & Poultry / Banking & Finance / Business Services

Top Private Offerings in Arkansas Range From Coffee to Farms

With $561.7 million raised, Westrock Coffee Holdings LLC of Little Rock tops Arkansas Business’ inaugural list of the largest private investment offerings ranked by total investment amount sold. read more >
Molly Rawn, CEO of Experience Fayetteville, says outdoor activities have been a bright spot in tourism in the wake of the pandemic.
Business Services / Government & Politics / Media & Marketing

Arkansas Hospitality Tax Receipts Plunge in 2020

The COVID-19 pandemic sent hospitality tax collections in Arkansas plummeting last year, and the blow to some tourism bureaus in the state, which rely on the taxes for revenue, was even worse than those figures show. read more >
Holiday Inn Express & Suites at 200 Holiday Drive in Maumelle
Government & Politics / Real Estate / Restaurants & Food

Hospitality Owners Challenge Property Tax Valuations

The owners of a string of Little Rock-area hotels and motels have taken a shared property tax grievance to Pulaski County Circuit Court that could have implications across the state. read more >
Chris Church of Mainstream Technologies in Little Rock
Business Services

Private Cloud Offers Predictable Bills, Security, Customization

Private cloud users stand to gain more predictable pricing, better security that’s the result of knowing where their data is and having more control over it, and greater customization, according to three providers of private cloud service in Arkansas. read more >
SBA Arkansas District Director Edward Haddock
Banking & Finance / Government & Politics / Health Care

Second Round of PPP Loans Prioritizes the Underserved

The second round of the federally funded Paycheck Protection Program is prioritizing “underserved” businesses — minority-, women- and veteran-owned and rural businesses — by setting aside money for them and through targeted outreach efforts. read more >
Agriculture & Poultry / Business Services / Government & Politics

Medical Marijuana Use Spread Unevenly in Arkansas

Arkansans spent $181 million on more than 28,000 pounds of medical marijuana in 2020, the first full year of legal cannabis sales in the state, according to data from the state Department of Finance & Administration. read more >