Walmart Sues Tesla for Solar Panels That Went Up in Flames
Walmart sued Tesla for "gross negligence" on Tuesday, saying that the electric car company's energy division installed solar panels that went up in flames on its store rooftops. read more >
Tagged: Energy
Entegrity, UALR, ArcBest Reap Green Building Awards
Entegrity's Little Rock headquarters is being honored as Project of the Year in the Green Tie Awards program presented by the Arkansas chapter of the U.S. Green Building Council. read more >
Arkansas Business Announces CFO Finalists, Tickets Info
Arkansas Business' 2019 CFO of the Year finalists and Lifetime Achievement Award winners will be recognized at a luncheon on Thursday, Nov. 7, at the Embassy Suites in Little Rock. read more >
NABE Survey: 34% of Economists Expect Recession in 2021
A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. read more >
What, Me Worry? (Gwen Moritz Editor's Note)
In every case, risk itself is compounded by incompetent, uninterested management. read more >
Cumulative Employment Growth in Arkansas Varies
Nonfarm payroll employment in Arkansas rose in June in most of the state’s metro areas, particularly in Fayetteville and Jonesboro. read more >
Goss Takes Senior Role at Allison + Partners (Movers & Shakers)
Sarah Goss has been promoted to partner at Allison + Partners of Little Rock. read more >
Arkansas Unemployment Drops to 3.4%, A Record Low
Arkansas' unemployment rate dropped by one-tenth of a percentage point in July, to 3.4% from 3.5% in June. read more >
Unemployment Rates Trend Lower in Arkansas
The unemployment rates in most of Arkansas’ metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines. read more >
Murphy Oil Reports Revenue Gain, 2Q Adjusted Income of $36M
Murphy Oil Corp. reports better-than-expected second-quarter earnings, including an 82% revenue gain over results from the same quarter last year. read more >
Walmart CEO Doug McMillon Leads List of Public Companies Executive Compensation
The number of publicly traded companies in Arkansas is stable this year thanks to a couple of small IPOs and the federal government shutdown late last year, and Walmart executives continue to dominate the list of highest paid executives. read more >
Q2 Report Finds Profits Down at Murphy USA
Fuel and convenience retailer Murphy USA Inc. of El Dorado reported flat revenue and decreased profits in reporting its second-quarter performance, a result of diminished returns on gasoline sales and higher operating costs. read more >
Nick Brown to Retire After 16 Years as SPP’s CEO
Nick Brown, who arrived at Southwest Power Pool as an engineer in 1985, announced Friday that he’s retiring as the regional power transmission service’s CEO effective in April. read more >
US Business Economists See Slower Growth and Profits Ahead
U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline. read more >
Lonoke County Acreage Sold for More Than $3.6M
Farmland in Lonoke County, a postal building and car wash in west Little Rock and an office building in downtown Little Rock form this week’s quartet of million-dollar transactions. read more >
State’s Voters to Rule Again on Sales Tax for Road Work
In 2012, Arkansans got to vote on a proposal to help fund highway construction. In 2020, they will get to do it again on a permanent basis. read more >
Searcy Water Utilities Joins Solar Parade
Searcy is Arkansas’ latest municipality mixing water and sunshine, partnering with Entegrity of Little Rock in a 5.7-megawatt solar power project to fully offset power consumption by Searcy Water Utilities. read more >
Maumelle Warehouse Sold for $20.7M
A 484,932-SF distribution facility in Maumelle, a 54-room motel in North Little Rock, 80 acres in Benton, a 3,889-SF home in Little Rock, a 2,952-SF eatery in southwest Little Rock and a 19-unit apartment complex in Conway combine for this week’s six-pack of million-dollar real estate transactions in central Arkansas. read more >
Arkansas Floods Force New Look at Old Levees
The historic spring flooding in Arkansas caused at least $100 million in damage. Now comes the re-evaluation of Arkansas’ long-neglected levee system, which will surely seek to address at least two big public policy questions: Who should be responsible for the levees? Who should pay for their maintenance? read more >
Arkansas Cities, Counties Get Their Day in the Sun
Arkansas cities, counties and school districts are taking advantage of new financing to save money by going solar. read more >
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