Arkansas Business News

State's jobless rate creeps up to 3.5% Arkansas' unemployment rate ticked up to 3.5% in September, or a 10th of a percentage point from the previous month, according to U.S. Department of Labor data ... by Nathan Owens - October 19, 2019

Airports to share millions in grants The U.S. Department of Transportation has awarded 52 grants totaling nearly $42 million to Arkansas airports to repair runways and taxiways, install runway ligh... by Noel Oman - October 19, 2019

News in brief Walmart to change U.K. pension plan October 19, 2019

Arkansas unemployment rate up in September Arkansas’ unemployment rate rose one-tenth of a percentage point in September to 3.5%, from 3.4 percent in August, according to data released Friday by the stat... by Arkansas Democrat-Gazette - October 18, 2019

Tyson banning drug from use in hog feed Tyson Foods Inc. said Thursday that it will prohibit the use of growth drug ractopamine in its hog herds next year to cater to a growing demand from China and o... by Nathan Owens - October 18, 2019

Banking firm sees earnings dip a bit Home BancShares Inc. reported Thursday that third-quarter earnings were down slightly from a year ago, recording a $7.5 million drop in net income and an earnin... by Andrew Moreau - October 18, 2019

3Q net income climbs 40% at Bank OZK Little Rock-based Bank OZK reported strong increases of 40% in net income and 39.7% in earnings per share in its third quarter earnings release Thursday. by Andrew Moreau - October 18, 2019

Health system cuts 28 jobs in state Catholic Health Initiatives has eliminated 28 jobs in Arkansas, nine of them unfilled positions, in a cost-cutting move linked to the merger earlier this year o... by Stephen Steed - October 18, 2019

News in brief Firms team up to buy Fred's pharmacies October 18, 2019

Port of Little Rock wins $2M judgment against man who abandoned 10,000-ton mound of shingles The Port of Little Rock has obtained a nearly $2 million judgment against a man who owned a recycling business and abandoned a 10,000-ton mound of asphalt roofi... by Noel Oman - October 17, 2019

Walmart agrees to settle lawsuit over pregnancy rules Walmart Inc. has agreed to pay $14 million to settle an Illinois class-action lawsuit by workers who said the retailer's pregnancy accommodation policies violat... by Serenah McKay - October 17, 2019

News in brief LR chamber meeting to feature AT&T chief October 17, 2019

SWEPCO seeks rate rise of $24.1M Electric customers in western Arkansas will pay more to light up their homes and businesses in January under a rate increase proposed by Southwestern Electric P... by Andrew Moreau - October 16, 2019

Trucker links 3Q declines to strike Trucking company P.A.M. Transportation Services Inc. reported lower net income and revenue for its 2019 third quarter, citing the ongoing General Motors strike ... by Nathan Owens - October 16, 2019

J.B. Hunt 3Q gains don't hit estimates J.B. Hunt Transport Services Inc. on Tuesday reported a third-quarter profit that fell short of Wall Street estimates. by Nathan Owens - October 16, 2019