Walmart and some institutional investors have joined the latest investment in Cruise, bumping the capital influx into the General Motors autonomous vehicle subsidiary from over $2 billion to $2.75 billion.
A 240-unit apartment project in west Little Rock tipped the scales at $16.67 million.
A New York family-owned business filed a $15 million lawsuit last week against Walmart Inc. for allegedly refusing to pay for shipments of hand sanitizer it ordered.
It looks like something to celebrate: small businesses posting “Help Wanted” signs as the economy edges toward normalcy. Instead, businesses are having trouble filling the jobs, which in turn hurts their ability to keep up with demand for their products or services. read more >
A Federal Reserve survey finds that the economy rebounding in late February through early April, helped by billions of dollars in a new round of stimulus payments and the stepped-up rollout of coronavirus vaccines. read more >
Arkansas Business is accepting nominations for its annual "20 In Their 20s" class of young professionals who are making a difference in their companies, organizations and communities. read more >
Adam Hart, president of Hart Construction in Searcy, always wanted to build things, and as a boy dreamed of driving a bulldozer. read more >
Zekelman Industries completes exterior work on a new $150 million, 515,000-SF mill in Blytheville for its Atlas Tube division. read more >
Cypress Cold Storage, a provider of temperature-controlled warehouse space and services for the food sector, announces the grand opening of a $13 million expansion at its Maumelle facility. read more >
Arkansas Oklahoma Gas Corp. of Fort Smith last week sued BP Energy Co. of Houston for $34.4 million for not delivering natural gas as required by a contract. read more >
Glucose Health Inc., which manufactures tea mixes targeted to diabetics and consumers with digestive issues under the label GlucoDown, reports raising $960,000. read more >
The sale of a 237,383-SF former wind turbine complex at the Little Rock Port Industrial Park is backed with a five-year loan of $8 million from First National Bank of Paragould. read more >
Lanxess, the German multinational chemical maker that's partnered in a major south Arkansas lithium-extraction project, will soon be producing electrolyte solutions for lithium-ion batteries. read more >
Strong economic growth is expected to continue in nine states over the next few months as businesses continue to recover from the pandemic, a new survey of business leaders says. read more >
A quick look at what employers need to know about the lifting the mask mandate and what it means for them — including whether they can still require masks in their workplaces (they can). read more >
Arkansas Business announces this year's class of 40 Under 40, a group of rising young professionals who will be honored with an in-person luncheon and an interactive virtual event on June 17 in Little Rock. read more >
Diversity and inclusion consultant and speaker Janet Stovall will be the luncheon speaker at the Soirée Women's Leadership Symposium on April 29, organizers announced Monday. read more >
Despite the coronavirus pandemic, the value of the biggest deals in Arkansas last year jumped 157%, from $7.9 billion in 2019 to $20.3 billion in 2020, pushed largely by Walmart's sales of stakes in two subsidiaries, Asda Group and Seiyu. read more >
Specialty waste and environmental services provider Denali Water Solutions LLC of Russellville is in growth mode, having announced six out-of-state buys in less than a year. read more >
The COVID-19 pandemic drove down employment and pushed the U.S. economy into recession a year ago, and now many unemployed Americans are considering changing occupations, according to the Pew Research Center. read more >
After a long drought, Arkansas has its first cannabis processing licensee, Shake Extractions LLC of Johnson. read more >
Apartments in west Little Rock and North Little Rock lead this week's trio of million-dollar real estate transactions. read more >
Batesville Schools Superintendent Michael Hester told of solar energy savings from an Entegrity-built system that funded raises of at least $4,000 a year for the nearly 250 teachers on his payroll. read more >
FiberPro LLC of Hot Springs announces plans to expand its manufacturing facility there, investing more than $3.1 million and creating 69 jobs over three years. read more >
The Arkansas Division of Workforce Services says Arkansas' unemployment rate decreased one‐tenth of a percentage point, from 4.6% in January to 4.5% in February. read more >
Orders to U.S. factories for big-ticket manufactured goods slumped 1.1% in February with demand in a key sector that tracks business investment also dropping. read more >
Nick Saban, head football coach for the University of Alabama, will lead the fourth webcast in a series presented by Arkansas Business. read more >
An affiliate of Kohan Retail Investment Group acquired the 365,104-SF retail center in west Little Rock from an affiliate of Boston's New England Development. read more >
Sales of luxury homes in Pulaski County shattered records in 2020, with 44 homes sold for $1 million or more. read more >
The number of homes that sold for $1 million or more in Washington and Benton counties nearly doubled last year to 64. read more >
Business strategist Renée Mauborgne says a company must make an honest assessment of where it is as an organization and where it stands in the marketplace if it is to develop a road map to success. read more >
Arkansas' seasonally adjusted unemployment rate declined three-tenths of a percentage point from 4.9% in December to 4.6% in January. read more >
With $561.7 million raised, Westrock Coffee Holdings LLC of Little Rock tops Arkansas Business' inaugural list of the largest private investment offerings ranked by total investment amount sold. read more >
