Tagged: More News

Retail Sales Up 17.7% in May

Retail Sales Up 17.7% in May

Retail sales in the United States rose a record 17.7% in May, according to the U.S. Census Bureau, reflecting a surge in buying as businesses that had been shuttered because of the coronavirus pandemic reopened. read more >

Arkansas Unemployment Fund Stable, but Worrisome

Arkansas Unemployment Fund Stable, but Worrisome

Banking & FinanceCover Story

The state’s unemployment fund was in the best of shape before the pandemic and is still healthy, but politicians and community leaders are worried it will be depleted by early 2021 if the economy does not bounce back as expected. read more >

Job Losses, Pandemic Hit Hardest in Leisure, Hospitality

Job Losses, Pandemic Hit Hardest in Leisure, Hospitality

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The coronavirus pandemic has devastated the U.S. labor market. The unemployment rate in the United States soared to 14.7% in April, the highest since shortly after World War II. read more >

Cantrell Drug Looks For a Buyer, Again

Cantrell Drug Looks For a Buyer, Again

Health CareLegalCover Story

Cantrell Drug Co. hopes its next potential buyer can close the deal to purchase the Little Rock drug compounding company out of Chapter 11 bankruptcy reorganization. read more >

First-Quarter GDP Declines 4.8%

First-Quarter GDP Declines 4.8%

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Real gross domestic product in the United States — the goods and services produced in the nation — declined at an annual rate of 4.8% in the first quarter of 2020. read more >

Predictable Outlook For Dillard’s: Bleak

Predictable Outlook For Dillard’s: Bleak

Cover Story

Analysts predict grim quarter for the Little Rock department store chain, which has now closed 200 of its 285 locations amid the coronavirus outbreak. One analyst expects same-store sales to fall 31.7% in its first quarter. read more >

Christmas by the Numbers

Christmas by the Numbers

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Facts and figures which are present behind the economy of the holiday season. read more >

Arkansas Business Reader's Choice Best of Biz 2019 (Advertising Section)

Arkansas Business Reader's Choice Best of Biz 2019 (Advertising Section)

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The winners and finalists appearing here were chosen not by a group of panelists around a conference table, but by the thousands of busy employees, employers, executives, movers and shakers whose work leads them to use the companies and services listed. read more >

Judge Tosses Homeowner’s $1.1M Insurance Claim

Judge Tosses Homeowner’s $1.1M Insurance Claim

Banking & FinanceLegalCover Story

A federal judge recently sided with an insurance company against a Crawford County man who said he had amassed nearly $600,000 worth of furnishings in less than five years between bankruptcy and a catastrophic house fire. read more >

Writing Hits Wall at NanoMech

Writing Hits Wall at NanoMech

Banking & FinanceLegalTechnology & Telecom

NanoMech Inc. attracted about $11 million in financial support from the Arkansas Economic Development Commission between 2008 and 2014. But after that mix of tax credits, grants tied to job creation, loans and direct investment, the public well dried up for the Springdale maker of industrial lubricants. read more >

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 >