Today's News

Simmons First 3Q Net Income Up 91 Percent

by Arkansas Business Staff 10/22/2018 04:20 pm

Simmons First National Corp. of Pine Bluff on Monday announced record net income of $55.2 million, up 91 percent from the same quarter last year.

After Error, Voting Begins Again in Garland County

by Associated Press 10/22/2018 02:15 pm

An Arkansas county has reopened its early voting sites after its ballots had left off the Democratic nominee for secretary of state.

Schwyhart Creditor Raises Fraud Claim This article is available only in print.

by George Waldon 10/22/2018 12:00 am

A renewed debt collection effort against Bill Schwyhart, the once prominent Rogers real estate developer, has followed him to Texas and rekindled the interest of dormant creditors.

With Converted Charter, Helena National Plans Name Change, Bigger Territory This article is available only in print.

by Arkansas Business Staff 10/22/2018 12:00 am

Helena National Bank completed the conversion of its national charter to an Arkansas state bank charter on Thursday, and is now officially (and temporarily) known as HNB Bank.

Gusano's Pays Back Rent to River Market Landlord This article is available only in print.

by Arkansas Business Staff 10/22/2018 12:00 am

Through an attorney, the owner of the River Market property currently home to Gusano's Chicago-Style Pizzeria says the restaurant is all caught up on its back rent.

Little Rock's Jessica Dean Has a New Home at CNN

by Kyle Massey 10/22/2018 12:00 am

In Jessica Dean's first week as a Washington correspondent, CNN threw her to the wolves. Or at least to the Wolf.

PAC Won't End Ad Saying Black Men Will Face Rape Accusations

by Andrew DeMillo, The Associated Press 10/19/2018 04:39 pm

A political action committee said Friday that it won't pull radio ads in hotly contested races in Arkansas and Missouri that suggest African American men will face rape accusations if Democrats win midterm elections.

Bank OZK 3Q Profit Down 23 Percent

by Arkansas Business Staff 10/19/2018 11:37 am

Bank OZK of Little Rock on Thursday reported third-quarter net income of $74.2 million, down about 23 percent from the same quarter last year.

Garver Announces CEO's Retirement, Succession Plan

by Sarah Campbell-Miller 10/19/2018 10:53 am

North Little Rock engineering firm Garver says its president, CEO and board member Dan Williams will retire in December 2019 as part of a planned internal succession strategy.

UA System Appoints Committee to Find New UAFS Chancellor

by Arkansas Business Staff 10/19/2018 10:49 am

University of Arkansas System President Donald Bobbitt on Friday announced the an advisory committee to help find the next chancellor of the University of Arkansas at Fort Smith.

Arkansas Supreme Court Disqualifies Term Limits Proposal

by Andrew DeMillo, The Associated Press 10/19/2018 10:38 am

The Arkansas Supreme Court has ordered election officials to not count votes cast for a ballot measure that would have imposed the strictest term limits in the country on state legislators.

Arkansas Business Seeks Nominees for Health Care Heroes Awards

by Arkansas Business Staff 10/19/2018 10:04 am

Arkansas Business is seeking nominations for its Health Care Heroes awards program, which honors individuals, companies and organizations that are making a significant impact on the quality of health care in Arkansas.

State Unemployment at 3.5 Percent in September, Lowest on Record

by Sarah Campbell-Miller 10/19/2018 09:38 am

Arkansas' unemployment rate declined to 3.5 percent in September, down one-tenth of a percentage point from the previous month, according to a report released Friday by the state Department of Workforce Services.

Asa Hutchinson Makes Appointments to Boards, Commission, High Court

by Arkansas Business Staff 10/19/2018 09:19 am

Gov. Asa Hutchinson announces appointments to boards, commissions and the state Supreme Court.

USA Truck Buys Davis Transfer Co.

by Lance Turner 10/19/2018 08:51 am

USA Truck Inc. of Van Buren on Thursday said it acquired Davis Transfer Co. of Carnesville, Georgia.

Radio Ad in Arkansas Suggests 'Lynching' If Democrats Win

by Andrew DeMillo, The Associated Press 10/19/2018 06:36 am

A Republican congressman in central Arkansas and his challenger on Thursday condemned a political action committee's radio ad that suggests white Democrats will lynch black Americans if they win the midterm election next month.

Little Rock Medical Sales Rep, 3 Others Plead Guilty to Multimillion-Dollar Tricare Scheme

by Mark Friedman 10/18/2018 03:51 pm

A Little Rock medical sales rep and three others recently pleaded guilty in U.S. District Court in Little Rock in connection with a multimillion prescription drug kickback scheme involving the U.S. military's health insurer.

Cheryl Schluterman to Lead Arkansas Development Finance Authority

by Arkansas Business Staff 10/18/2018 03:47 pm

Cheryl Schluterman, vice president for finance and administration at the Arkansas Development Finance Authority, has been named interim president of the ADFA, effective immediately.

Delta Regional Authority Invests $2M in 12 Projects

by Arkansas Business Staff 10/18/2018 11:52 am

The Delta Regional Authority will invest $2 million to provide safe and sanitary sewer and water service to rural families, increase economic development opportunities, enhance workforce training and development and improve healthcare.

Home BancShares 3Q Profit Another Record

by Lance Turner 10/18/2018 11:40 am

Greater regulatory costs and expenses associated with a company performance goal weren't enough to keep Home BancShares Inc. of Conway from reporting on Thursday another quarter or record profit.