News in brief

Posted: February 16, 2017 at 2:10 a.m.

Hive's chef again up for James Beard title

A Bentonville chef is in the running for a 2017 James Beard Foundation Award.

Matthew McClure, executive chef of The Hive, in downtown Bentonville's 21c Museum Hotel, is a semifinalist for the Best Chef: South award, which covers the states of Arkansas, Alabama, Florida, Louisiana and Mississippi and Puerto Rico. McClure was a semifinalist in the same category in 2016.

Semifinalists are chosen for 10 different regions from more than 24,000 online entries and then grouped into 21 categories, according to a release.

The foundation will announce the final nominees in all categories March 15. The winners of the media awards will be announced April 25, and the winners in all other categories will be revealed May 1.

The James Beard Awards, established in 1990, recognize culinary professionals.

-- John Magsam

LR startup program's applicants reach 295

Applications for the second FinTech Accelerator program in Little Rock rose this year to 295, almost doubling the 150 applications for the inaugural program, the Venture Center said Wednesday.

The applicant pool for the 2017 program attracted financial technology startup companies from across the United States and from India, the Philippines, the United Kingdom, Kenya, Nigeria, Columbia and Mexico, the Venture Center said.

Last year, the number of applicants were pared to 10 companies, which sent representatives to Little Rock for a 12-week program. The big attraction for the companies is the ability to work with Fidelity National Information Services Inc., which is based in Jacksonville, Fla., but has about 1,200 employees in Little Rock.

FIS Global has about 20,000 financial clients and more than $9 billion in annual revenue.

-- David Smith

State index up 2.42; health sector cited

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, climbed 2.42 to 362.82 Wednesday.

"The S&P Index rose for a seventh straight session Wednesday with the health care sector outperforming as the market shrugged off a higher-than-expected Consumer Price Index report for January," said Leon Lants, managing director at Stephens Inc. in Little Rock.

Total volume for the index was 18 million shares.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business on 02/16/2017