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.
A U.S. District Court judge recently awarded a Fayetteville law firm $1.2 million against a former client that didn't pay its legal bill.
CARTI, the cancer-treatment provider, plans to announce Monday that it will open The Breast Center at CARTI inside its main Little Rock facility.
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 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 >
Windstream Holdings Inc. of Little Rock, still working through Chapter 11 bankruptcy, reports a first-quarter net loss of $2.3 billion, or $54.26 per share. read more >
A bankruptcy judge in New York approved Windstream Holdings Inc.'s request to use up to $24 million for bonuses for top executives, including CEO Tony Thomas and CFO Robert Gunderman. read more >
Gov. Asa Hutchinson releases his Arkansas State Broadband Plan, which sets a goal to deploy high-speed broadband to all Arkansas communities with more than 500 residents by 2022. read more >
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.” read more >
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. read more >
Shortly after Walmart opened its first Supercenters with food markets in 1988, top executives began to see groceries as the retail titan's future bread and butter. Now Walmart is America's biggest grocery seller, and food is becoming ammunition in the Bentonville company's online duel with Amazon. read more >
Some University of Arkansas for Medical Sciences employees saw red flags long before auditors discovered a deficit at the Myeloma Institute for Research & Therapy that was allowed to grow to $29 million over nine years. read more >
The Medical Center of South Arkansas of El Dorado plans to start construction next month on a $3.5 million cancer center. read more >
Doug Voss, associate professor of logistics and supply chain management at UCA, says the school's logistics program excels at recruiting employees for the transportation industry. read more >
Prysmian Group of Milan, Italy, says it will expand its Paragould facility, investing $2.8 million and adding 12 positions. The plant already employs 182 people at 1 Prestolite Drive. read more >
Soon, readers won't get a newspaper outside central Arkansas and the northwest. Operations will be mostly digital, and a Sunday-only print edition is conceivable, Publisher Walter Hussman says. read more >
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 >
Global financial services company FIS of Jacksonville, Florida, and the Venture Center in Little Rock named the 10 startups selected to participate in the 2019 VC FinTech Accelerator program. read more >
Ritter Communications celebrates the start of construction on its $8 million, 8,882-SF cloud and data storage facility in Jonesboro. read more >
The Arkansas Democrat-Gazette has been steadily shrinking its print delivery zone and promoting digital subscriptions for a couple of years, but it isn't ready to get rid of ink and paper just yet. read more >
Two-thirds of Arkansas' counties lost population between 2012 and 2017, according to the U.S. Census Bureau. read more >
NanoMech Inc. of Springdale, which filed Chapter 11 bankruptcy protection earlier this month, has filed plans to sell the company at auction in June. read more >
Walmart, facing fierce competition from Amazon and other online retailers, is experimenting with digitizing its physical stores to manage them more efficiently, keep costs under control and make the shopping experience more pleasant. read more >
Bill Groves, chief data and analytics officer at Walmart Inc. of Bentonville, has been named chairman of the Northwest Arkansas Technology Council. read more >
Rejuvenix of Little Rock, a graduate of the Delta Innovation Fund accelerator, won $10,000 for technical assistance last week at the program's 2019 Demo Day at the Clinton Presidential Library in Little Rock. read more >
Arkansas Business will once again honor the state's outstanding young professionals at a luncheon for its 40 Under 40 class. You can order tickets here. read more >
The Springdale nanotechnology firm estimates both its debts and its assets as between $10 million and $50 million. Documents say the company has struggled through continual losses from operations together with slow revenue growth. read more >
Private-sector workers in the Little Rock-North Little Rock-Conway metropolitan statistical area earned an average of $861.50 each week as of February 2019. read more >
Community banks lack the financial and human capital of their larger counterparts to invest in research and development, but they need new technologies all the same. Partnerships with financial technology startups are a practical way to address this need, four of the state's community bankers told Arkansas Business. read more >
Dr. Scott Malm, Dr. Michael Reilly and Dr. Dana Szymkowicz have joined CTEH in North Little Rock as toxicologists. read more >
Teams representing four Arkansas universities won first place awards and a share of $154,000 in cash prices Thursday at the 2019 Arkansas Governor's Cup Collegiate Business Plan Competition luncheon. read more >
Total compensation for Kenny Gunderman, CEO and president of Uniti Group Inc. of Little Rock, decreased to $5.1 million in 2018 from $5.4 million in 2017. read more >
The Women's Foundation of Arkansas will host its annual Girls of Promise Conference on Thursday and Friday at the Arkansas 4-H Center and the Wyndham Riverfront Hotel in Little Rock. read more >
