Business

Tuesday, March 1, 2016

Tuesday, March 1, 2016 - 13:35:00

Glatfelter to open $80 million paper plant in Fort Smith

Glatfelter, a Pennsylvania-based international manufacturer of specialty papers, will open a new manufacturing facility in Fort Smith, the company announced today. The company stated that it would create up to 84 high-skilled manufacturing jobs at the $80-million plant.

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Friday, February 5, 2016

Friday, February 5, 2016 - 11:15:00

Social entrepreneur writes about racism and lack of high-speed Internet in Dumas

Leila Janah, the CEO of a buzzy nonprofit that helps poor people find tech jobs, has a post on Medium about her experience with systemic racism and the lack of access to high-speed broadband in Dumas. The nonprofit she founded and heads as CEO, Samasource, hires low-income people around the world to perform digital tasks for companies like Google, Walmart and Getty Images.

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Monday, May 18, 2015

Monday, May 18, 2015 - 12:15:00

Womack gets plucked by 'Last Week Tonight with John Oliver'

HBO's "Last Week Tonight with John Oliver, which premiered last April, has consistently shown itself to be a Daily Show-level contender for the humor-news crown. Up for discussion on the show last night: the myriad ways major poultry producers exploit chicken farmers. Also featured in the video: Arkansas Republican Rep. Steve Womack, who gets plucked and roasted for placing a rider on the agriculture appropriations bill that forbids the USDA from enforcing already-written protections for the nation's poultry farmers.

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Thursday, March 26, 2015

Thursday, March 26, 2015 - 14:31:00

$4 billion tech company calls it quits in Indiana over anti-LGBT 'Religious Freedom' bill.

Take heed, Arkansas: the same day Gov. Mike Pence of Indiana announced he would sign the state's "Religious Freedom Restoration Act" — an anti-LGBT bill with disturbing similarities to Rep. Bob Ballinger's HB 1228 — a $4 billion tech company announced they're pulling up stakes there rather than "require our customers/employees to travel to Indiana to face discrimination." Ouch.

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Monday, March 23, 2015

Monday, March 23, 2015 - 15:08:00

Lindsey's Resort on Little Red River to close after 50 years

A note on the website of Lindsey's Resort, the popular trout-fishing destination on the Little Red River at Heber Springs, says the resort will be forced to close due to a bank foreclosure.

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Monday, March 2, 2015

Monday, March 2, 2015 - 12:58:00

Tysons give $5 million for UA agriculture research

The Tyson family and Tyson Foods have made a $5 million gift to toward the Don Tyson Center for Agricultural Sciences, a $16.3 million project of the University of Arkansas System Division of Agriculture.

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Wednesday, October 1, 2014

Wednesday, October 1, 2014 - 14:27:00

BloombergView reports on broadband access for Arkansas schools

Here's a little national coverage on the fight between broadband providers and education advocates (joined by other business interests) who want to allow K-12 schools to access the public fiber optic network for colleges and universities, ARE-ON.

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Friday, August 15, 2014

Friday, August 15, 2014 - 13:49:00

American Bridge releases report on Koch brothers' environmental impacts and layoffs

American Bridge, the liberal PAC formed by David Brock, the former Clinton foe now dedicated to round-the-clock Hillary Clinton defender, is out today with a new report on environmental impacts and layoffs from Koch Industries. The report focuses on the business activities of the Koch brothers — more famous for hundreds of millions in political spending aimed at slashing government services, regulation and taxes — in twelve states, including Arkansas. From the report: "The Kochs' extreme, self-serving agenda is bad for working families. And that reality is starkly embodied not only by their political persuasions, but by their business endeavors."

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Tuesday, May 13, 2014

Tuesday, May 13, 2014 - 09:04:00

Will approval of the Keystone XL pipeline really generate more jobs for Arkansas?

The proposed Keystone XL pipeline brought together campaign rivals Sen. Mark Pryor and U.S. Rep. Tom Cotton this morning at a press conference hosted at Welspun Tubular LLC, the east Little Rock pipe plant, along with U.S. Rep. Tim Griffin and state legislators and business leaders. Because of environmental concerns, the White House is reluctant to approve the Keystone project, which would deliver about 800,000 barrels of carbon-heavy Canadian tar sands oil each day to Gulf Coast refineries and cross hundreds of miles of sensitive lands. Pryor, Cotton and Griffin all urge President Obama to drop objections to the pipeline, which they say are standing in the way of job creation in Arkansas.

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Monday, March 24, 2014

Monday, March 24, 2014 - 16:27:00

Simmons First National buys Delta Trust

Simmons First National Bank of Pine Bluff is buying Delta Trust of Little Rock for $66 million in cash and stock

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Monday, March 10, 2014

Monday, March 10, 2014 - 10:34:00

1,000 jobs forecast in Peco Foods new chicken processing venture in Northeast Arkansas

Gov. Mike Beebe joined officials of Peco Foods today to announce a $165 million chicken processing venture in Randolph and Clay Counties, a project that is said to hold the potential of 1,000 jobs.

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Thursday, February 20, 2014

Thursday, February 20, 2014 - 11:42:00

Sen. Mark Pryor to join campaign to raise the Arkansas minimum wage

Give Arkansas a Raise, the grassroots group hoping to raise the state minimum wage by an initiated act from $6.25 to $8.50 an hour says U.S. Sen. Mark Pryor will join the group for a news conference endorsing the increase at 11 a.m. Saturday at Bullock Temple CME Church.

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Wednesday, February 19, 2014

Wednesday, February 19, 2014 - 13:40:00

Tyson Foods under the microscope in book by former Arkansas reporter

NPR gives quite a treatment to "The Meat Racket," a new book by former Arkansas Democrat-Gazette reporter Chris Leonard on Tyson Foods. It praises the genius of Don Tyson, but raises familiar criticism of the poultry giant's relationship with contract suppliers of chicken.

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Tuesday, February 18, 2014

Tuesday, February 18, 2014 - 08:13:00

Undercover among the 1 per centers: book recounts Warren Stephens in a rebel cap

New York magazine provides a book excerpt from a man, Kevin Roose, who went undercover in the secret initiation rites of a Wall Street fraternity — the 1 percent of the 1 percent. Shades of Mitt Romney, the sights he saw at the dinner in January 2012. They included Little Rock tycoon Warren Stephens singing new lyrics, tailored to Wall Street, to "Dixie." The performance was captured on audio.

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Thursday, January 30, 2014

Thursday, January 30, 2014 - 12:31:00

Arkansas Business: Bank of Ozarks to buy Summit Bancorp

Arkansas Business has the jump on a big piece of Arkansas financial news. Bank of the Ozarks is expected to announce later today its purchase of Summit Bancorp of Arkadelphia. 

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Tuesday, January 28, 2014

Tuesday, January 28, 2014 - 10:41:00

FBI agents at Rogers Photo Archive in North Little Rock — UPDATE

The buzz this morning is FBI presence at the Rogers Photo Archive in North Little Rock.

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Friday, January 17, 2014

Friday, January 17, 2014 - 16:40:00

Arkansas PSC gives Entergy Arkansas $81 million rate increase; company had sought $179 million

THAT explains it. Idle talk at the Capitol recently has included a professed desire by some legislators to rein in the state Public Service Commission in some fashion, perhaps with legislation in 2015.

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Tuesday, December 17, 2013

Tuesday, December 17, 2013 - 08:44:00

Arkansas Business: Buyer emerges for Allens Canning

Arkansas Business reports a $148 million deal has been reached for Seneca Foods Corp. of Marion, N.Y., t to acquire "substantially all the operating assets" of Allens Inc. of Siloam Springs, the privately held canning company that filed Chapter 11 bankruptcy in October.

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Wednesday, December 4, 2013

Wednesday, December 4, 2013 - 09:30:00

LR creator of 'Doritos Locos Taco' dead at age 41

Todd Mills, who came up with the idea for Taco Bell's wildly-popular Doritos Locos Taco — which went on to become one of the biggest product launches in American history — has died.

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Friday, November 22, 2013

Friday, November 22, 2013 - 10:40:00

Millwork manufacturer announces $6.7 million dollar expansion in Malvern, will create 50 jobs.

Prime-Line, Inc., a 17-year-old Malvern company that makes fiberboard doors, millwork and mouldings for retailers including Lowe's and Home Depot, announced today that they would expand their operations in Malvern, investing $6.7 million in a new building and manufacturing line there.

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