Business

Arkansas jobless rate dips to 3.7%

Arkansas’ jobless rate dipped back to near-record territory a day after Gov. Asa Hutchinson pre-empted the state’s monthly employment status report during an agriculture summit in Little Rock where he…

ASU and its satellite campuses receive accreditation

The Institutional Actions Council of the Higher Learning Commission (HLC) has affirmed continued accreditation for Arkansas State University in Jonesboro, ASU-Mountain Home, ASU Mid-South and ASU-Newport following recent comprehensive reviews…

Nabholz designer, team win NASA challenge

Trey Lane, virtual design and construction specialist for Nabholz Corp. in Rogers, led a three-man team to win a NASA competition and nearly $21,000. Team Zopherus, comprised of Lane, architect…

Medical Marijuana board gets low quote from Boston consulting firm to score, review pharmacy applications

The state Medical Marijuana Commission announced Friday (Aug. 17) that it has received two varied proposals to review and score the state’s 203 applications to locate up to 32 medical…

Car-Mart stock soars over 20% after earnings, revenue beat estimates

America’s Car-Mart shares jumped to a 52-week high of $81.85 after the markets opened Friday (Aug. 17), a day after the company released earnings and revenue that beat analysts’ expectations….

Gov. Hutchinson: Jobless rate 3.7%; ‘anxious’ for end to trade war

Governor Asa Hutchinson said Thursday (Aug. 16) the state’s unemployment rate will be announced as 3.7% Friday and said he hopes disputes over trade policies end soon. The state’s previous…

Car-Mart profit, revenue beat analyst estimates in first quarter

America’s Car-Mart first-quarter earnings and revenue rose 55.7% and 12%, respectively, beating analysts’ estimates, as investments into the company’s general manager recruitment and training program have started to show. The…

First Orion holds groundbreaking ceremony for new global offices in North Little Rock’s Argenta area

A host of North Little Rock city officials and local business leaders on Thursday (Aug. 16) touted the groundbreaking ceremony for the planned global headquarters of First Orion as the…

EBSCO Chairman discusses employer challenges, celebrates opening of new PRADCO line

PRADCO Outdoor Brands celebrated Thursday (Aug. 16) the grand opening of its Thill balsam floats line, which opened three weeks ago at the new building adjacent to the existing manufacturing…

Minimum wage increase qualifies for ballot; opponents to mount legal challenge

An effort to raise the minimum wage in Arkansas to $11 per hour has enough signatures to qualify for the ballot. Opponents are raising money for a legal challenge. Secretary…

Former Little Rock mayor reaching out to state’s current city leaders

Calling all mayors. Jim Dailey is looking for you. As the current director of Arkansas Tourism and a former 14-year mayor of Little Rock, Dailey is contacting each of the…

Fewer consumers believe self-driving vehicles make roads safer, study shows

Consumers have become more aware of self-driving cars, but they are less accepting of the technology, according to a new study on autonomous vehicles. In the 2018 Cox Automotive Evolution…

UAMS researcher receives $2.1 million grant for military nutrition research

Amy Ferrando, researcher at University of Arkansas for Medical Sciences (UAMS), will use a $2.1 million grant from the U.S. Department of Defense to determine the best possible nutrition for…

Walmart’s 19% earnings growth pushes stock price higher

Walmart came through with “smashing” financial results early Thursday (Aug. 16). The giant reported its best sales growth in a decade for the second quarter ending July 31. Walmart U.S….

Dillard’s pares 2Q losses as brick-and-mortar retailers slide on Wall Street

Dillard’s Inc. on Thursday (Aug. 16) tidied up losses from a year ago and easily beat Wall Street expectations as the Little Rock department store chain and other retailers look…

Rocket motor maker to invest $50 million in Camden plant, employee count to exceed 900

Arkansas’ ongoing efforts to grow the state’s aerospace and defense sector got a big boost Wednesday (Aug. 15) after Sacramento, Calif.-based Aerojet Rocketdyne unveiled plans to expand the company’s solar-powered…

Entergy incentives lower electric bills at ASU-Beebe campuses

Energy-efficiency incentives from Entergy Arkansas have helped Arkansas State University-Beebe’s campuses save money by reducing the amount of electricity they need to operate, according to a news release. “The benefits…

New business in Bentonville combines professional development, improvisation

A local leadership consultant wants to improve professional development for businesses, organizations and individuals through improv-based techniques. The Improv Lab opened recently at 123 S. Main St., one block south…

36% of commercial diesel trucks use new technology

The percentage of commercial diesel trucks on U.S. roads that use the newest generation of diesel technologies, model year 2011 and newer, has risen 600 basis points to 36%, according…

Fish City Grill, Lakeside Crossing win approvals from Fort Smith Planning Commission

The Fort Smith Planning Commission granted approvals to Fish City Grill and a new $15 million real estate development in the Chaffee Crossing district at a meeting on Tuesday (Aug….