Goss Takes Senior Role at Allison + Partners (Movers & Shakers)
by Arkansas Business Staff – 4 days ago
Sarah Goss has been promoted to partner at Allison + Partners of Little Rock.
Energy
Cumulative Employment Growth in Arkansas Varies
4 days ago
Nonfarm payroll employment in Arkansas rose in June in most of the state's metro areas, particularly in Fayetteville and Jonesboro.
NABE Survey: 34% of Economists Expect Recession in 2021
3 days ago
A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.
Walmart Sues Tesla for Solar Panels That Went Up in Flames
Walmart sued Tesla for "gross negligence" on Tuesday, saying that the electric car company's energy division installed solar panels that went up in flames on its store rooftops. read more >
Entegrity, UALR, ArcBest Reap Green Building Awards
Entegrity's Little Rock headquarters is being honored as Project of the Year in the Green Tie Awards program presented by the Arkansas chapter of the U.S. Green Building Council. read more >
Arkansas Business Announces CFO Finalists, Tickets Info
Arkansas Business' 2019 CFO of the Year finalists and Lifetime Achievement Award winners will be recognized at a luncheon on Thursday, Nov. 7, at the Embassy Suites in Little Rock. read more >
What, Me Worry? (Gwen Moritz Editor's Note)
In every case, risk itself is compounded by incompetent, uninterested management. read more >
Arkansas Unemployment Drops to 3.4%, A Record Low
Arkansas' unemployment rate dropped by one-tenth of a percentage point in July, to 3.4% from 3.5% in June. read more >
Unemployment Rates Trend Lower in Arkansas
The unemployment rates in most of Arkansas' metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines. read more >
Murphy Oil Reports Revenue Gain, 2Q Adjusted Income of $36M
Murphy Oil Corp. reports better-than-expected second-quarter earnings, including an 82% revenue gain over results from the same quarter last year. read more >
Walmart CEO Doug McMillon Leads List of Public Companies Executive Compensation
The number of publicly traded companies in Arkansas is stable this year thanks to a couple of small IPOs and the federal government shutdown late last year, and Walmart executives continue to dominate the list of highest paid executives. read more >
Q2 Report Finds Profits Down at Murphy USA
Fuel and convenience retailer Murphy USA Inc. of El Dorado reported flat revenue and decreased profits in reporting its second-quarter performance, a result of diminished returns on gasoline sales and higher operating costs. read more >
Nick Brown to Retire After 16 Years as SPP's CEO
Nick Brown, who arrived at Southwest Power Pool as an engineer in 1985, announced Friday that he's retiring as the regional power transmission service's CEO effective in April. read more >
US Business Economists See Slower Growth and Profits Ahead
U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline. read more >
Lonoke County Acreage Sold for More Than $3.6M
Farmland in Lonoke County, a postal building and car wash in west Little Rock and an office building in downtown Little Rock form this week's quartet of million-dollar transactions. read more >
State's Voters to Rule Again on Sales Tax for Road Work
In 2012, Arkansans got to vote on a proposal to help fund highway construction. In 2020, they will get to do it again on a permanent basis. read more >
Searcy Water Utilities Joins Solar Parade
Searcy is Arkansas' latest municipality mixing water and sunshine, partnering with Entegrity of Little Rock in a 5.7-megawatt solar power project to fully offset power consumption by Searcy Water Utilities. read more >
Maumelle Warehouse Sold for $20.7M
A 484,932-SF distribution facility in Maumelle, a 54-room motel in North Little Rock, 80 acres in Benton, a 3,889-SF home in Little Rock, a 2,952-SF eatery in southwest Little Rock and a 19-unit apartment complex in Conway combine for this week's six-pack of million-dollar real estate transactions in central Arkansas. read more >
Arkansas Floods Force New Look at Old Levees
The historic spring flooding in Arkansas caused at least $100 million in damage. Now comes the re-evaluation of Arkansas' long-neglected levee system, which will surely seek to address at least two big public policy questions: Who should be responsible for the levees? Who should pay for their maintenance? read more >
Arkansas Cities, Counties Get Their Day in the Sun
Arkansas cities, counties and school districts are taking advantage of new financing to save money by going solar. read more >
Public-Private Partnerships Making Progress in Arkansas
Arkansas is less than a year away from tapping a rich new source of economic development, public-private partnerships that will build and operate public assets like college dormitories or parking decks. read more >
Judging a Clean Line Book by Its Hero and Antagonist
A new book by Russell Gold, “Superpower: One Man's Quest to Transform American Energy," casts Clean Line Partners' bid to build a huge transmission line for solar and wind power across mid-America as visionary and environmentally heroic. read more >
ADEM Chief A.J. Gary Runs Risk Factors for Safest Scenarios
A.J. Gary, the director of the state's emergency management, says businesses need to have plans and to make sure employees know them. read more >
Arkansas Unemployment Drops to 3.5%, A New Record Low
Arkansas' unemployment rate dropped by one-tenth of a percentage point in June, to 3.5% from 3.6% in May. read more >
Stuttgart, Already Known for Solar, Partners With Scenic Hill to Power City
Stuttgart, which bills itself as the world capital for rice production and duck hunting, is partnering with Scenic Hill Solar of North Little Rock to power all city government operations with sun energy from a new 3.15-megawatt solar plant. read more >
UA Little Rock Energy Management Chief Takes National Award
Ian Hadden, the university's director of energy management services, was one of four nationwide honored for excellence by the former Association of Physical Plant Administrators at the APPA's annual conference in Denver. read more >
Jonesboro's Kevin Miller Recognized by State Fire Chiefs Association (Movers & Shakers)
Fire Chief Kevin Miller of Jonesboro has received the E.W. Sewell Fire Chief of the Year Award from the Arkansas Fire Chiefs Association. read more >
Arkansas Business to Honor 2019's 'Best Places to Work'
Arkansas Business will honor more than 40 companies designated among this year's "Best Places to Work" during an awards luncheon in September. read more >
Murphy Closes $2B Exit From Malaysia, Buys Back Stock
Murphy Oil Corp. of El Dorado has closes on its $2 billion deal to shed its offshore operations in Malaysia, adding that it has also repurchased $300 million in stock. read more >
Inwood, Whisenhant Added to iProv (Movers & Shakers)
James Inwood and Jake Whisenant have joined iProv LLC in Little Rock. read more >
Ozone Action Days: It's Good Business (Tab Townsell Commentary)
For "Telecommute Month," Metroplan highlights the health and financial benefits of a growing workplace trend. read more >
Canadians Set to Tap Arkansas Lithium
The Candian's company, Standard Lithium Ltd., broke ground last week on a pilot plant in El Dorado, a key step toward a unique vision of pulling battery-grade lithium from a saltwater sea beneath south Arkansas. read more >
Transportation Equipment Top Export for Arkansas
Transportation equipment accounted for nearly $2 billion in exports in 2017, according to World Trade Center Arkansas. read more >
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