Arkansas Business News

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5 acres in west Little Rock sell for $3.4M; new owners plan restaurant, hotel

Subscriber onlyJames and Terry Barnes and Promenade Hospitality Limited Liability Co. invested $3.4 million recently to buy almost 5 acres at 716 Rahling Road in west Little Rock. Continue reading...

Casino places bets craft beer will be winner

Oklahoma tribe’s brewery seen as unique opportunity

Subscriber onlyDownstream Casino Resort in Quapaw, Okla., a hop, skip and a jump from Northwest Arkansas, is brewing its own craft beer, its latest move to lure customers with choice food and drink offerings as well as gambling. Continue reading...

OIL AND GAS REPORT

Subscriber onlyThe Arkansas Oil and Gas Commission last week issued one drilling permit, no well completions and six well recompletions. By county, they were: Continue reading...

PATENTS AWARDED

Subscriber onlyU.S. patents issued to Arkansans Continue reading...

BUILDING PERMITS

Subscriber onlyBuilding Permits for the Little Rock metro area, projects valued at $75,000 or more: Continue reading...

REAL ESTATE TRANSACTIONS

Subscriber onlyPulaski County real estate transactions of $150,000 or more; deeds recorded Dec. 18-Dec. 22: Continue reading...

BANKRUPTCY WATCH

Subscriber onlyALEXANDER Felicia A. Whitman, 2048 Fern Valley Drive, Jan. 11, 2018, Chapter 7. Continue reading...

BUSINESS AWARDS

Subscriber onlyCHI St. Vincent Health at Home's services in Hot Springs and in Morrilton have been ranked among the "HomeCare Elite" as two of the top-performing home health agencies in the United States. Continue reading...

BUSINESS PEOPLE

Subscriber onlyThe Federal Reserve Bank of St. Louis has announced the following changes to its Little Rock Branch board of directors: Millie A. Ward has been appointed board chair, Keith Glover has been reappointed to a three-year term on the board, Vickie D. Judy has been appointed to a three-year term, and Karama Neal has been reappointed to a three-year term on the board. John N. Roberts III, president and chief executive officer of J.B. Hunt Transport Services Inc. in Lowell has been re-elected to a three-year term on The Federal Reserve Bank of St. Louis board. Continue reading...

Windstream trims 54 jobs in Arkansas

Subscriber onlyWindstream Holdings Inc. laid off 54 employees in Arkansas recently, including 43 in Little Rock, a company spokesman said Friday. Continue reading...

Ag chief gets earful in Arkansas

State farmers air concerns about trade policy, safety net

Subscriber onlyFarmers, ranchers, timber men and others in the state's agriculture community had the ear of U.S. Agriculture Secretary Sonny Perdue for a couple of hours Friday, and they filled it. Continue reading...

Arkansas bank's earnings dip 52 percent in fourth quarter; hurricane, tax law are cited

Subscriber onlyHit hard by Hurricane Irma and the federal tax overhaul, Home BancShares earned $23.3 million in the fourth quarter, a decline of 52 percent compared with $48.6 million earned in the same period of 2016, the Conway bank said Thursday. Continue reading...

Tax benefit buoys J.B. Hunt's 4Q

16% jump in revenue led by brokerage unit, trucker says

Subscriber onlyJ.B. Hunt Transport Services Inc. on Thursday reported net income of $385.3 million for the fourth quarter, a 228 percent jump from a year ago led by an estimated benefit from the new federal tax structure. Continue reading...

News in brief

Subscriber onlyBear State's profit at $3.7M for quarter Continue reading...

Arkansas firm gears up to 'triage' if Wal-Mart makes another large round of job cuts

Bentonville mayor, others take report in stride that 1,000 layoffs imminent

Subscriber onlyThe staff at recruiting firm Cameron Smith & Associates has implemented a "sundown rule" as it anticipates corporate job cuts at Wal-Mart Stores Inc. Continue reading...

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