Murphy Oil Corp., battered by the bear petroleum market and moving its headquarters from El Dorado to Houston as a cost-saver, announced management changes Thursday.
Gary Griffin, the founder of the real estate firm The Griffin Co., and his wife, Jan, bought the 16,000-SF retail center, anchored by James & James Furniture.
This week's quartet of million-dollar real estate transactions begins in North Little Rock, just off Interstate 30.
The future of the post-pandemic retail economy in the U.S. looks both boxy and digital, as Walmart, Target and Amazon keep growing. read more >
BKD CPAs & Advisors partners Chris Doolittle and Ernie Skyrme will join Tre Baker of Arkansas Business at 1 p.m. June 4 to discuss best practices business owners can follow for securing loan forgiveness. read more >
Arkansas Business is regularly updating this page with links and contact information for businesses affected by the COVID-19 pandemic. read more >
Like all traditional department stores, Arkansas' second-largest retailer was in a tricky market position long before the coronavirus pandemic forced it to start closing stores. read more >
Tyson Foods Inc. of Springdale says David J. Bronczek, 65, had been appointed to its company board of directors. read more >
Sales of existing homes plunged 17.8% in April with the real estate market still in the grips of the coronavirus pandemic. read more >
A newly formed real estate investment group paid more than $32 million for the Village on the Creeks commercial center in Rogers. read more >
Federal Reserve Chair Jerome Powell said Tuesday that the Fed's lending programs for medium-sized businesses and state and local governments would begin operating by the end of this month. read more >
E-commerce and pickup and delivery services paid off big for Walmart Inc. of Bentonville in the first quarter, driving financial results that beat analysts expectations and showed the retailer well-positioned to cater to customers amid the COVID-19 pandemic. read more >
The stock market bounced back from its worst week in nearly two months Monday amid optimism about a potential coronavirus vaccine and hopes for an economic recovery this year. read more >
Sohang Krupa LLC, led by Jaiminbhai and Zalakben Patel, bought the 59-room hotel in Jacksonville. The seller is Shree Laxmi Krupa Inc., led by Chandrika Patel. read more >
Labscoop — an online marketplace like Amazon, but for research, clinical and industrial labs in many industries — has been “hyper-focused” on helping hospitals and other organizations procure laboratory supplies they need to fight the spread of COVID-19. read more >
The coronavirus pandemic has devastated the U.S. labor market. The unemployment rate in the United States soared to 14.7% in April, the highest since shortly after World War II. read more >
When committee members dig into the stacks of nominations, we are looking for professional accomplishments and community service. We are also looking for the potential to do great things in the future. read more >
Dillard's Inc. went from a normal company at the start of February to “total chaos” by the end of April, resulting in the worst quarterly loss in its 81-year history, CEO William Dillard II said during the company's annual meeting. read more >
Department store chain Dillard's Inc. of Little Rock, rocked by the economic effects of store closures amid COVID-19, reported a $162.0 million net loss in its first quarter. read more >
Secretary of Commerce Mike Preston announces the appointment of Eric Munson as the new commissioner of the Arkansas Securities Department. read more >
Atlantic Street Capital, a New York-based private equity firm, announces a partnership with Brett Overman and growth investment in Zips Car Wash of Little Rock. read more >
A sampling of Arkansas business leaders share their forecasts for the next six months amid COVID-19, along with what indicators they're watching and how their industries are performing. Part one of two. read more >
Federal Reserve Chair Jerome Powell warns of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage. read more >
Registration for Arkansas Business' annual Best Places to Work program is now open. read more >
U.S. Bankruptcy Court Judge Robert Drain approved Windstream Holdings Inc.'s previously announced lease settlement agreement with spinoff Uniti Group Inc. of Little Rock, and the company released its earnings. read more >
This week's parade of million-dollar real estate transactions starts in North Little Rock and ends in North Little Rock. read more >
Some very recognizable northwest Arkansas entrepreneurs are going to be on the receiving end of a civil lawsuit that was filed Thursday. read more >
A new all-Arkansas ownership and management team has a 21st-century vision for one of Little Rock's history-making medical buildings, the 1962-vintage Doctors Building in midtown. read more >
From battered autos to bruised real estate, North Little Rock businessman Norman Clifton has made a lifelong career out of the reclamation business. read more >
Cantrell Drug Co. hopes its next potential buyer can close the deal to purchase the Little Rock drug compounding company out of Chapter 11 bankruptcy reorganization. read more >
We may never live in a post-COVID world, just as we have not achieved a post-influenza world, but pandemic conditions will eventually end and a new normal will emerge. read more >
The Arkansas multifamily sector enjoys sound fundamentals such as diversification of risk among multiple units and an ability to keep up cash flow in a recession. read more >
The Economic Development Incentive Quick Action Closing Fund disbursed almost $134.8 million between October 2007 and June 2019, state figures show. With such money being spent, we should ask if this program is worth its cost. read more >
