Tagged: More News

Poverty Rate in the U.S. Drops; Arkansas Stands at 17.2%

Poverty Rate in the U.S. Drops; Arkansas Stands at 17.2%

Banking & FinanceHealth Care

The poverty rate in the United States dropped last year to 13.1%, down from 13.4% in 2017, the U.S. Census Bureau reported late last month. It was the fifth straight annual drop, according to American Community Survey estimates. read more >

Difficult Year Continues for Allegiance Health

Difficult Year Continues for Allegiance Health

Health CareLegalCover Story

The sudden closing last month of North Metro Medical Center in Jacksonville was the latest in a series of woes facing the Shreveport company that runs the hospital, Allegiance Health Management Inc. read more >

Timber Industry Slowdown May Signal Recession

Timber Industry Slowdown May Signal Recession

The country may be headed for another recession, timber industry experts told Arkansas Business last week after Conifex Timber Inc. of Vancouver, British Columbia, announced an indefinite suspension of operations at its El Dorado sawmill. read more >

Hidden Search of Schwyhart Assets Probes Attorney Files

Hidden Search of Schwyhart Assets Probes Attorney Files

Banking & FinanceLegalTransportationCover Story

The search for nearly $3.2 million from a once-secret 2013 settlement and possession of a grand home valued at $1.9 million by the Benton County assessor remain at center stage in the bankruptcy of Bill and Carolyn Schwyhart. read more >

Marijuana Cultivator Rising In Newport Adds Illinois Ally

Marijuana Cultivator Rising In Newport Adds Illinois Ally

Health CareLegalCover Story

Don Parker can tell you chapter and verse about how he’ll grow medicinal marijuana at a $9 million, 35,000-SF cultivation facility his company is building in Newport. But ask where he’ll get his first plant or seed, and he goes quiet for a beat. read more >

Arkansas GDP Grows 2.5% in Q1

Arkansas GDP Grows 2.5% in Q1

Transportation

Arkansas’ gross domestic product expanded by 2.5% during the first quarter of 2019, the highest quarterly growth rate for the state since the fourth quarter of 2016, Michael Pakko noted recently on his Arkansas Economist blog. read more >

Interview: Walter Hussman on the Future of Arkansas Newspapers

Interview: Walter Hussman on the Future of Arkansas Newspapers

Technology & Telecom

Arkansas Democrat-Gazette Publisher Walter Hussman was interviewed May 21 in a 45-minute telephone conversation, three days after he had published a letter to subscribers laying out the Little Rock newspaper’s plan to cut print publication to Sundays only. read more >

Arkansas GDP Rises in 2018

Arkansas GDP Rises in 2018

Technology & TelecomTransportation

Real gross domestic product rose 0.9% in 2018 in Arkansas compared with 2017, according to the U.S. Bureau of Economic Analysis. read more >

Bankruptcy Judge OKs Windstream Bonuses

Bankruptcy Judge OKs Windstream Bonuses

Banking & FinanceLegalRestaurants & FoodTechnology & Telecom

A bankruptcy judge in New York last week approved Windstream Holdings Inc.’s request to use up to $24 million for bonuses for executives. read more >

Arkansas Personal Income Soars 7.5%

Arkansas Personal Income Soars 7.5%

Total personal income in Arkansas jumped at an annual rate of 7.5% in the fourth quarter of 2018, outpacing the U.S. growth rate of 5.2%, according to the U.S. Bureau of Economic Analysis. read more >