Investments


Startup Roadie Gets More Stephens Cash

Startup Roadie Gets More Stephens Cash

by Jan Cottingham – 6 days ago

Five years after its founding, Roadie, the crowdsourced delivery service startup based in Atlanta, has attracted partnerships with major retailers, including Walmart, and, in February, $37 million in new funding.

Warren Stephens Stands by Startup's CEO Marc Gorlin This article is available only in print.

Warren Stephens Stands by Startup's CEO Marc Gorlin
6 days ago

Warren Stephens says he has confidence in Marc Gorlin, founder and CEO of crowdsourced delivery service startup Roadie, in which Stephens has invested. After all, he said, look at Kabbage, which “turned out to be a great investment.”


Ritter Communications Seeks Partner in Continued Growth Push

Ritter Communications Seeks Partner in Continued Growth Push

Technology & Telecom

Ritter Communications of Jonesboro is looking for a partner, not a buyer. Responding to a Wall Street Journal article, officials of the family-owned, regional broadband provider said that at this time the company is seeking investment partners only. read more >

Uniti Group Reports 1Q Income of $2.5M

Uniti Group Reports 1Q Income of $2.5M

Technology & Telecom

Uniti Group Inc. of Little Rock reports first-quarter net income of $2.5 million, or 1 cent per share, up from $1.2 million, or a loss of 1 cent per share, in the same quarter last year. read more >

Walmart Begins Rolling Out Next-Day Shipping

Walmart Begins Rolling Out Next-Day Shipping

Transportation

Walmart is rolling out free next-day delivery on its most popular items, increasing the stakes in the retail shipping wars. The retailer says next-day delivery will roll out to 75% of the U.S. population by year-end. read more >

Details in Delta Resort Bankruptcy Show $171.1M in Debts

Details in Delta Resort Bankruptcy Show $171.1M in Debts

Banking & FinanceLegalWhispers

Gary Russell Gibbs of Niceville, Florida, lists his complete financial details in U.S. Bankruptcy Court in Hot Springs showing total debts at $171.1 million. That makes his personal bankruptcy one of the largest filed in Arkansas. read more >

Central Arkansas Unemployment at 3.5 Percent

Central Arkansas Unemployment at 3.5 Percent

Banking & FinanceHealth CareLegalRestaurants & FoodTechnology & TelecomTransportation

The unemployment rate in the Little Rock-North Little Rock-Conway metropolitan statistical area remains near a historical low, 3.5% in February. read more >

Little Rock Startup Set to Sell Speed-Torque

Little Rock Startup Set to Sell Speed-Torque

Health CareTechnology & Telecom

Vascugenix, a Little Rock startup run mostly by students at the University of Arkansas at Little Rock, plans to bring its medical device for emergency heart surgeries to market in late August or early September. read more >

ArcBest 1Q Net Income Down 51 Percent

ArcBest 1Q Net Income Down 51 Percent

Transportation

ArcBest Corp. of Fort Smith reports first-quarter net income of $4.9 million, down 51 percent from the same quarter last year, while revenue rose and business conditions slowed. read more >

Arkansas Delta Boosters Seek 'Critical Mass'

Arkansas Delta Boosters Seek 'Critical Mass'

Cover Story

The Arkansas Delta Council, a nonprofit economic development organization still in formation, hopes to raise money and entice investors to a region that has been losing population, unevenly but inexorably, for half a century. read more >

Workout Anytime Enters State, Picking Paragould

Workout Anytime Enters State, Picking Paragould

Health Care

Workout Anytime, a chain of gyms headquartered in Alpharetta, Georgia, expanded to Arkansas last month, landing in Paragould because the community there is a good fit for its “high-value, low-price” model. read more >