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Arkansas Business News

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Chain hatches expansion plan

Slim Chickens hires franchising vet in bid to go national

Subscriber onlyThe owners of fast-casual restaurant chain Slim Chickens are aiming high. Continue reading...

Alternative-burial options grow; state still traditional

Subscriber onlyEcofriendly burial and cremation alternatives are creating a way to continue life after death. Continue reading...

At the corner of the future and yesterday

Subscriber onlyI ran into Jacob Chi at the corner of Main Street and Capitol Avenue the other day. He and another man were trying to attach a blue and white sign to the plywood barrier on the sidewalk in front of the Boyle Building. Continue reading...

College-athlete unions rife with complexities

Subscriber onlyProvide labor in exchange for compensation and most reasonable folks would consider you to be an employee. Your organization doesn’t even have to turn a profit. Even workers in a non- or not-for-profit enterprise are classified as employees. Continue reading...

BUSINESS PEOPLE

Subscriber onlyBANKING Bill Edwards has been selected to succeed Chuck Quick, who is retiring in July, as president and chief executive officer of Iberiabank Mortgage Co. Continue reading...

OIL AND GAS REPORT

Subscriber onlyThe Arkansas Oil and Gas Commission last week issued 2 drilling permits, 22 well completions and 4 well recompletions. Continue reading...

PATENTS AWARDED

Subscriber onlyU.S. Patents Issued to Arkansans April 15 Patent 8,696,413 B2. Contouring Sanding Device. Issued to John Wesley King Jr. and Shelley K. Haynes, both of West Helena. Assigned to ShelWes LLC of Helena. Continue reading...

State jobless rate dips to 6.9%, lowest since ’09

Subscriber onlyArkansas’ unemployment rate fell to 6.9 percent in March, the first time it’s been below 7 percent since it was 6.8 percent in January 2009, the U.S. Bureau of Labor Statistics said Friday. Continue reading...

Hot Springs shoe firm Munro to fire 56

Subscriber onlyMunro & Co. officials announced Thursday that more than half the employees at its Lake Catherine Footwear facility will be permanently laid off over the next several months. Continue reading...

Arkansas' unemployment rate falls to 6.9%

Arkansas' unemployment rate fell to 6.9 percent in March, down two-tenths of a percentage point from 7.1 percent in February, the state Department of Workforce Services said Friday. Continue reading...

Soon, money transfers by Wal-Mart

Subscriber onlyWal-Mart Stores Inc. announced Thursday that it’s getting into the domestic money-transfer business, using lower fees and a simplified process to undercut competitors Western Union Inc. and MoneyGram International Inc., which already offers money-transfer services in Wal-Mart’s 4,000 U.S. stores. Continue reading...

Conway bank’s earnings set mark

Profit soars 56% in the 1st quarter

Subscriber onlyHome BancShares, the parent company of Centennial Bank, had record net income of $27.3 million in the first quarter, the Conway bank said Thursday. Continue reading...

Assets up, earnings drop for Simmons

Subscriber onlySimmons First National Corp., which has acquired two Arkansas banks in six months, reported earnings of $4.4 million in the first quarter, the Pine Bluff bank said Thursday. Continue reading...

Wal-Mart CEO gives $1 million to UA business college

Wal-Mart Stores Inc. President and CEO Doug McMillon and his wife, Shelley, will give $1 million to the University of Arkansas' business college that will eventually help it house a school for retail innovation, the university said Thursday. Continue reading...

Receiver named in water firm suit

Bank’s nominee appointed to job

Subscriber onlyPulaski County Circuit Judge Mackie Pierce agreed Wednesday to appoint Michael McAfee as receiver in a lawsuit filed by Simmons First National Bank against Mountain Pure Water Co. of Little Rock, its owner and others. Continue reading...