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Saturday, February 25, 2017, 7:25 p.m.

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Top Picks - Capture Arkansas

Business in Arkansas
RSS for Business in Arkansas

Longtime grocery store in Little Rock's Heights neighborhood closes; successor opening soon

posted: 02/25/2017 4:30 a.m. Discuss

Terry's Finer Foods, a small grocery store in Little Rock's Pulaski Heights neighborhood since the 1940s, closed Friday.

Bill swaps manufacturers' incentive

posted: 02/25/2017 2:08 a.m. Comment 1

The Senate's calendar for Monday includes a bill that would phase out the InvestArk tax-credit program in exchange for providing a sales-tax exemption for manufacturers on purchases related to repairing machinery and equipment.

8 of 18 stocks rise, lift state index 1.62

posted: 02/25/2017 1:47 a.m. Discuss

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, rose 1.62 to 356.92 Friday.

Florida bank is now Home BancShares'

posted: 02/25/2017 1:30 a.m. Discuss

Home BancShares, which owns Centennial Bank branches in four states, on Friday closed on its purchase of Giant Holdings Inc., parent of Landmark Bank in Fort Lauderdale, Fla.

J.C. Penney to close 130 to 140 stores; no word on whether Arkansas stores affected

posted: 02/24/2017 9:49 a.m. Comments 2

NEW YORK — J.C. Penney said Friday that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping.

POLL: Bill seeks Clintons' name off Little Rock airport

posted: 02/24/2017 4:30 a.m. Comments 52

A Conway state senator has filed a bill that is aimed at requiring Bill and Hillary Clinton National Airport/Adams Field to change its name.

State's in mix at energy meeting

posted: 02/24/2017 1:48 a.m. Discuss

Arkansas Gov. Asa Hutchinson is meeting with fellow governors in Washington, D.C., this week for what's being called the Governor's Summit on Energy Security and Infrastructure.

News in brief

posted: 02/24/2017 1:42 a.m. Discuss

Shareholder moves to buy Deltic Timber

Trucking tech division of Uber meets with Arkansan experts at state event

posted: 02/23/2017 5:45 a.m. Discuss

Representatives from Uber Freight, a segment of Uber that focuses on matching trucks with loads to be shipped as well as on self-driving truck technology, met Wednesday with supply-chain experts in Bentonville.

Business news in brief

updated: 02/23/2017 2:01 a.m. Discuss

Pesticide collection set for 10 counties

News in brief

updated: 02/23/2017 1:59 a.m. Discuss

In $3.25M deal, firm buys building in LR

Cuts at Democrat-Gazette eliminate 12-15 jobs

posted: 02/22/2017 4:30 a.m. Comments 13

The Arkansas Democrat-Gazette eliminated several positions Tuesday, the company's president said.

Owner of 33 papers in state to be sold

posted: 02/22/2017 4:30 a.m. Discuss

Tokyo-based SoftBank Group Corp. has agreed to pay $3.3 billion in cash to acquire Fortress Investment Group of New York, an owner of more than 120 newspapers nationwide, including 33 in Arkansas.

Index falls despite Wall Street's gains

posted: 02/22/2017 4:30 a.m. Discuss

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, dropped 3.54 to 356.93 Tuesday even as other indexes on Wall Street rose.

Wal-Mart's 4Q profit off 18%

updated: 02/22/2017 2:13 a.m. Discuss

Wal-Mart Stores Inc. reported same-store sales growth and traffic increases in its U.S. stores during the fourth quarter of fiscal 2017, but the company's profit continued to be dragged down by e-commerce and other investments.

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