Arkansas Commerce Secretary Mike Preston says the COVID-19 pandemic is an “unprecedented” challenge to the state's economy, but the state is in a good position to cushion the blow to businesses and employees.
U.S. stocks joined a worldwide downdraft Wednesday as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak.
Employment in the United States is forecast to grow by 8.4 million jobs to 169.4 million jobs during the decade of 2018-28, according to the U.S. Bureau of Labor Statistics. Or it was; the report was released months before the coronavirus pandemic caused widespread job losses.
Arkansas Business is regularly updating this page with links and contact information for businesses affected by the COVID-19 pandemic. read more >
Murphy Oil Corp. of El Dorado, whose share price has been battered by falling oil prices, is cutting capital spending for a second time in a month — and it's cutting pay for top executives. read more >
Stocks fell Tuesday to close out Wall Street's worst quarter since the most harrowing days of the 2008 financial crisis. read more >
Businesses can begin preparing now to apply for assistance under the federal rescue package signed last week by President Trump, but it will be about two weeks before they can turn in their paperwork. read more >
The COVID-19 pandemic has hit Murphy Oil Corp. CEO Roger W. Jenkins with a one-two punch: He's sick with the virus, though recovering, and his wallet is taking a beating. read more >
U.S. stocks climbed Monday, led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak. read more >
Little Rock apartments, the home of a Bryant fitness center and three area restaurants are the highlights of several recent million-dollar deals. read more >
Stocks fell Friday on Wall Street as investors waited for Congress to deliver a big financial rescue package aimed at cushioning ailing businesses and households from the coronavirus crisis. read more >
Stocks marched higher for a third straight day Friday as a massive coronavirus relief bill moved closer to passing Congress and Wall Street took some historically bad unemployment figures in stride. read more >
Stocks scored their first back-to-back gains Wednesday since a brutal sell-off began five weeks ago, but much of an early rally faded late in the day as a last-minute dispute threatened to hold up a $2 trillion economic rescue package in Congress. read more >
The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus. read more >
Stocks fell about 3% on Wall Street Monday as Congress hit another roadblock in talks to inject nearly $2 trillion into the economy. Even an extraordinary flood of support from the Federal Reserve wasn't enough to lift stocks, as frustration with Washington rises along with the number of coronavirus cases. read more >
The state Department of Health reported Sunday that 165 people have tested positive for the illness caused by the coronavirus, up from 118 on Saturday. read more >
Arkansas Business announces the 40 honorees in this year's 40 Under 40 class, which honors people in business, nonprofits and government making a significant impact. read more >
To many, the former site of traffic-snarling Christmas light displays on Cantrell Road will always be the Osborne home, but the estimated 12,000-SF abode now belongs to Mike and Judy Roberts. read more >
Last year, 32 luxury homes in Pulaski County sold for $1 million or more, up from 30 in 2018. read more >
The same Fayetteville house was the most expensive home sold in northwest Arkansas in 2019 and in 2018. read more >
This week's group represents a varied roster with a multifamily property in Little Rock, eateries in North Little Rock and west Little Rock, Conway homes, a west Little Rock office building and duplexes in Benton. read more >
The Singapore office of PwC, aka PricewaterhouseCoopers, and HealthTech Arkansas are working together to bring startups from Singapore to Arkansas for clinical trials and pilot projects with 11 health care providers. read more >
As the novel coronavirus continues to wreak havoc on people and the economy, attorneys are bracing for a flood of lawsuits in its wake. read more >
Stocks are see-sawing between gains and losses in midday trading on Wall Street Thursday, but the moves are more subdued than the wild jabs that have dominated recent weeks. At least for now. read more >
Executive dropped from last year for executives of PAM Transport Inc. of Tontitown. Meanwhile, directors will consider electing 19-year-old Matthew J. Moroun, the son of the chairman, to the company's board. read more >
Simmons First National Corp. Chairman and CEO George Makris Jr. saw his total compensation rise to $4.9 million in 2019. read more >
The COVID-19 outbreak has the world's biggest companies adjusting operations to meet surging customer demand for everything from toilet paper to meat products. read more >
BSR Real Estate Investment Trust of Little Rock acquires Ariza Plum Creek Apartments in Kyle, Texas, for $55 million. read more >
In its latest emergency action, the Federal Reserve is establishing a lending facility to try to ease the flow of short-term credit to banks and businesses as the economy grinds to a halt from the viral outbreak. read more >
Stephens Inc. of Little Rock tells employees to work from home if possible "until further notice" due to the COVID-19 pandemic. read more >
McLarty Automotive Group of Little Rock completes its acquisition of publicly traded Asbury Automotive Group's holdings in Mississippi, with the purchase of Gray-Daniels Auto Family. read more >
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 >
Feminine hands are everywhere in the medical marijuana and hemp industries, up and running in the state for less than a year. Their roles range from co-owning $10 million cultivation centers to staffing dispensary counters as budtenders. read more >
