Today's News

US Existing-Home Sales Fell 0.6 Percent in June

by Associated Press 7/23/2018 11:19 am

U.S. sales of existing homes fell 0.6 percent in June, the third straight monthly decline, as higher prices and a limited supply of listings have sidelined many would-be buyers.

Arkansas Foundation Has Donated $13M Over 30 Years

by Associated Press 7/23/2018 08:46 am

The Western Arkansas Community Foundation has given out $13 million in its district since being formed in 1988. An affiliate of the Arkansas Community Foundation, it now has $13.5 million in assets and growing.

Stephens Sues for $3.1M Prospect Fee This article is available only in print.

by Arkansas Business Staff 7/23/2018 12:00 am

Stephens Inc. of Little Rock says it should have been paid for work done for an energy company that was recently sold.

Ruth's Rumor Puts New Steak House on Chenal This article is available only in print.

by Arkansas Business Staff 7/23/2018 12:00 am

Reports from west Little Rock say that Ruth's Chris Steak House is going into the former Del Frisco's Grille location at The Promenade at Chenal shopping center.

Judgment of $254K Made Against Former Insurance Agent Josh Casada This article is available only in print.

by Arkansas Business Staff 7/23/2018 12:00 am

Pulaski County Circuit Judge Chris Piazza awards former client of Casada $204,480 for missing money plus another $50,000 in damages

U.S. Banks: 2018 Return on Average Equity Almost Even With '84

by Arkansas Business Staff 7/23/2018 12:00 am

During this period, return on average equity at banks in the United States reached a low of minus 5.94 percent in the second quarter of 1987. It saw a high of 16.29 percent in the first quarter of 2000.

Medical Device Awaits Funding, FDA Approval

by Mark Friedman 7/23/2018 12:00 am

Spencer Jones hopes that it won't be long before the Food & Drug Administration approves his medical device allowing an IV line to break away easily under tension and snap shut, preventing complete IV failure.

OZK, Home BancShares Launch Into Deeper Water For Luxury Lending This article is available only in print.

by George Waldon 7/23/2018 12:00 am

Acquisition has fueled boat and recreational vehicle loan growth at the two largest banking franchises headquartered in Arkansas.

Little Rock Attorneys Ask Judge Holmes to Rethink Sanctions This article is available only in print.

by Mark Friedman 7/23/2018 12:00 am

Two Little Rock lawyers have asked the chief federal judge for the Western District of Arkansas to reconsider sanctions he imposed on them after a string of cases in which he was critical of their law firm's work.

Land For $13M Lisa Academy Expansion Sold For $1.2M

by Arkansas Business Staff 7/20/2018 10:36 am

RPM Group/Corfac International announces the sale of 7.88 acres on Briley Road in North Little Rock for $1.2 million. The property will become part of the Lisa Academy North complex and home to its planned $13 million secondary school.

Arkansas Unemployment Unchanged at 3.8 Percent

by Arkansas Business Staff 7/20/2018 09:57 am

Arkansas' unemployment rate remained at 3.8 percent in June, unchanged from the previous month, according to a report Friday by the state Department of Workforce Services.

State Governors Delve Into Foreign Diplomacy on Trade War

by Associated Press 7/20/2018 07:55 am

State governors discussed ways Thursday to court foreign investment in the wake of President Donald Trump's trade disputes with countries including China, Canada and Mexico.

Former SAYS Director Jerry Walsh Pleads Guilty to Scheme with Rusty Cranford

by Arkansas Business Staff 7/19/2018 03:27 pm

Federal prosecutors say Jerry Walsh, the former longtime director of the South Arkansas Youth Services Inc. of Magnolia, pleaded guilty to conspiring to misapply more than $380,000 from the now-defunct organization.

Car-Mart's Henderson Gets $1.1M Retirement Bonus

by Marty Cook 7/19/2018 11:23 am

America's Car-Mart Inc. of Bentonville paid longtime CEO Hank Henderson a $1.1 million bonus when he retired Dec. 31, 2017.

Arkansas Lawmakers OK Medical Marijuana Consultant Rule

by Associated Press 7/19/2018 11:07 am

Arkansas lawmakers have approved a rule to allow the state's Medical Marijuana Commission to hire a consultant who will review hundreds of applications it's received from businesses that want to sell the drug.

Home BancShares' Net Income Up 52 Percent

by Arkansas Business Staff 7/19/2018 11:00 am

Home BancShares Inc. of Conway reports record quarterly earnings, with net income of $76 million, up 52 percent from the same quarter last year.

Town & Country Shopping Center Sold For $3.8M

by Arkansas Business Staff 7/19/2018 10:17 am

The Town & Country shopping center changed owners in a $3.8 million transaction that closed Monday.

TeleComp Moving to Larger Office, Will Create 10 New Jobs

by Sarah Campbell-Miller 7/18/2018 04:31 pm

TeleComp Holdings Inc. of Bentonville will move into the top floor of a standalone two-story building being constructed off Interstate 49 in Rogers, and it plans to add 10 full-time, salaried positions by 2019.

Baptist Health to Buy Sparks Health System

by Lance Turner 7/18/2018 03:30 pm

Baptist Health of Little Rock says it will buy Sparks Health System, confirming an earlier Arkansas Business report.

FIS, State Will Sponsor FinTech Accelerator for Another Year

by Sarah Campbell-Miller 7/18/2018 03:20 pm

Global financial services company FIS of Jacksonville, Florida, and Gov. Asa Hutchinson say they will sponsor the VC FinTech Accelerator for another year.