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Rachel Patton of Preserve Arkansas wants higher historic tax credits for eligible projects.  Here, she’s outside one such project, Polk Stanley Wilcox’s building on Spring Street.
Business Services / Construction / Education

2021 Forecast Murky for Architects, EngineersLock Icon

While Arkansas architects and engineers say they expect continued growth in 2021, others across the country don’t share that outlook. read more >
Steven Plaisance, president & CEO of Arvest Bank's mortgage division, and Michael Powell, mortgage division president for Simmons Bank, represent 2020's two largest mortgage lenders in Arkansas.
Banking & Finance / Business Services / Construction

2020 Rocks Home Loans Amid COVID-19Lock Icon

The surprise tandem that made home sales especially memorable for residential realty companies last year made 2020 equally unforgettable for mortgage lenders. read more >
CR Crawford Construction is moving ahead with this restaurant project on Phoenix Avenue in Fort Smith. “I think we are going to be just as busy or busier next year than we were this year,” company executive Jason Keathley said.
Agriculture & Poultry / Banking & Finance / Business Services

Construction Pipeline Defies Slowdown

Construction executives in Arkansas said that, for the most part, project work has continued fairly normally considering the circumstances. And the prospects for future work appear to be fundamentally the same. read more >
Rob Walton, Jim Walton and Alice Walton present the Entrepreneur of the Year award at the 2019 Walmart shareholders meeting in Fayetteville.
Agriculture & Poultry / Banking & Finance / Business Services

Arkansas’ Top Stockholders: 2020 Very Good for Walton Family Fortune

Arkansas’ richest family has had a good year financially. The heirs of Sam Walton own publicly traded stock valued collectively at more than $205 billion. read more >
Banking & Finance / Business Services / Insurance

Virus Relief Leaves Arkansas Banks Awash in Deposits

COVID-19 has taken a toll on bank profitability, but the combination of federal relief money and pandemic-induced financial caution created a temporary glut of deposits. read more >
Business Services / Government & Politics / Health Care

Pandemic Lobbying: Hands Off, Masks OnLock Icon

The Arkansas Legislature will return to session in January but, like nearly every other part of American life, it won’t quite be a return to normalcy. read more >
The Stephens Inc. Building in downtown Little Rock
Banking & Finance / Business Services / Insurance

State’s Financial Firms Add Assets Under Management

While two registered investment advisory firms associated with Stephens Inc. of Little Rock remain firmly atop the annual list of the state’s largest money managers, even the second-tier firms are posting impressive new totals of assets under management. read more >
Donnie and Eleanor Lindsey are the owners of Lindsey’s Hospitality House in North Little Rock, which has been a local and statewide favorite since 1956.
Banking & Finance / Business Services / Education

Protests Fail to Boost Black-owned Businesses

Social media campaigns urged consumers to buy goods and services from Black-owned businesses following protests against racism and police brutality. But several African American business owners told Arkansas Business that they saw little, if any, boost in sales. read more >
Suresh Kumar, executive vice president, global chief technology officer and chief development officer of Walmart Inc.
Agriculture & Poultry / Banking & Finance / Business Services

Walmart CTO Tops Executive Compensation List

Walmart CTO Suresh Kumar’s experience explains why his total compensation for the first seven months he spent at Walmart made him the highest-paid executive among Arkansas’ public companies. read more >
Mark McLarty, chairman and founder of McLarty Automotive Group, has focused his energies building U.S. operations during the past three years.
Agriculture & Poultry / Banking & Finance / Business Services

Largest Private Companies List Gives Snapshot of Pre-Pandemic NormalcyLock Icon

The 33rd annual list of the state’s largest private companies serves as a baseline for pre-pandemic revenue. read more >
The interior of Suite 443, a medical marijuana dispensary located on Malvern Avenue in Hot Springs.
Agriculture & Poultry / Banking & Finance / Business Services

Hot Springs Dispensary Leads in Cannabis Sales

The early bird may get the worm, but being the first legal medical marijuana dispensary to open in Arkansas was not enough to keep Suite 443 of Hot Springs ahead of the rush of competitors. read more >
Agriculture & Poultry / Banking & Finance / Business Services

Presenting the 32nd Annual Arkansas Business of the Year Awards

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. read more >
An electric arc furnace at Big River Steel’s Flex Mill near Osceola. Since the mill opened, it has provided hundreds of jobs and a big boost to the local economy.
Agriculture & Poultry / Banking & Finance / Business Services

Biggest Deals of 2019 See Values Plummet 85%

The value of big deals in Arkansas plummeted 85% in 2019 compared with the previous year, dropping to $7.9 billion compared with a stratospheric $53.9 billion in 2018. read more >
A rendering of the 25-bed facility that Arkansas Heart Hospital is building in Bryant.
Banking & Finance / Business Services / Construction

Jonesboro Tower Tops List as Health Care Projects Rise

The value of health care-related projects under construction in Arkansas this fall is nearly 70% greater than it was a year ago. read more >
Education

College Admins See Pay Tilt UpLock Icon

A majority of Arkansas college administrators saw a bump in their total compensation package between fiscal 2017 and fiscal 2019. But for most of them it wasn’t much. read more >
The Stephens Building in downtown Little Rock.
Banking & Finance / Business Services / Insurance

Brokers, Trust Units Stable; Money Managers Up in Arkansas

A surge in assets under management by registered investment advisory firms in North Little Rock, Fayetteville and Little Rock has shaken up this year’s list of money managers in Arkansas. read more >
The $98.8 million Bank OZK headquarters in Little Rock is the largest office project under construction in Arkansas.
Banking & Finance / Business Services / Insurance

Bank OZK Packs Little Rock With New Deposits

Bank deposits in Arkansas grew by 6.5% in the 12-month period that ended June 30, outpacing the national growth rate of 4.2% and topping $70 billion for the first time, according to data released in September by the Federal Deposit Insurance Corp. read more >
Bo Ryall, president and CEO of the Arkansas Hospital Association
Business Services / Health Care / Insurance

Hard Year Adds Pain for Small Hospitals in Arkansas

Hospitals’ bottom lines were hurt by flat patient volume, a shortage of nurses and the high cost of specialty drugs read more >
Regus offers this coworking space, as well as virtual offices and other flexible workspaces, on the 17th floor of the Regions Center in downtown Little Rock .
Business Services / Insurance / Media & Marketing

Flexible Workspaces Meet Business Needs

Flexible workspaces are attracting businesses of all sizes because they offer affordable short-term leases, collaboration, networking and a professional aesthetic along with a turnkey setup, according to providers in Arkansas. read more >
Agriculture & Poultry / Banking & Finance / Business Services

Arkansas Business Presents 20 In Their 20s: The New Influentials of 2019

We’re proud to introduce the 2019 class of New Influentials and the possibilities these 20 in their 20s offer our state in the decades to come. read more >