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State jobless rate edges down to 5.5%

posted: 03/28/2015 1:59 a.m. Discuss

Arkansas' unemployment rate continued a slow decline in February, dropping to 5.5 percent from 5.6 percent in January, the U.S. Bureau of Labor Statistics said Friday.

Official: '20 goals weighed by EPA

posted: 03/28/2015 1:58 a.m. Discuss

The federal Environmental Protection Agency is considering softening its stance on the timeline for states to meet early guidelines of the Clean Power Plan, Colette Honorable, a commissioner with the Federal Energy Regulatory Commission, said Friday.

News in brief

posted: 03/28/2015 1:52 a.m. Discuss

Farmers' deadlines moved back a week

Arkansas’ unemployment rate falls to 5.5%

posted: 03/27/2015 9:03 a.m. Discuss

Arkansas’ unemployment rate declined in February to 5.5 percent, one-tenth of a percentage point lower than in January, the state Department of Workforce Services said Friday.

Floridian will sell Arkansas

updated: 03/27/2015 12:19 a.m. Comments 2

Mike Preston, an executive with Florida's principal economic development organization, is the new executive director of the Arkansas Economic Development Commission, Gov. Asa Hutchinson announced Thursday.

Governor touts amendments as boost

posted: 03/27/2015 1:50 a.m. Discuss

Gov. Asa Hutchinson is pushing for two amendments to the state's constitution that have economic development implications, he said Thursday at a luncheon for the state's economic development foundation.

Czechs in state on trade mission

posted: 03/27/2015 1:49 a.m. Discuss

A trade delegation from the Czech Republic learned Thursday that it has things in common with Arkansas businesses when it comes to export markets: complex paperwork and a changing labor force.

Yemen conflict spooks oil prices higher

posted: 03/27/2015 1:47 a.m. Discuss

Volatility has entered the international oil market as escalating fighting in Yemen fuels concern about Middle East crude supplies.

Business news in brief

posted: 03/26/2015 2:15 a.m. Discuss

Car-Mart opens its 139th dealership America’s Car-Mart Inc. opened its 139th dealership, its fifth for the fiscal year, according to a Wednesday news release.

News in brief

posted: 03/26/2015 2:13 a.m. Discuss

Bank of the Ozarks: CEO earned $9.3M George Gleason, 61, chairman and chief executive officer of Bank of the Ozarks, earned $9.3 million last year, the Little Rock firm said in its proxy statement Wednesday.

LR said to draw Dave & Buster's

posted: 03/25/2015 2:29 a.m. Comments 4

Dave & Buster's Entertainment Inc. is taking its big-box fun bar to Little Rock, likely to the Outlets of Little Rock, which is under construction at the intersections of Interstates 30 and 430, two independent sources confirmed Tuesday.

Board racing to implement grain law

posted: 03/25/2015 2:25 a.m. Discuss

The Arkansas Plant Board is scrambling to adopt rules needed to implement a new state law requiring some businesses or people who buy or sell grain to obtain a state license and prove they have the financial ability to carry out such transactions.

Power grid operators work on payment deal

posted: 03/25/2015 2:24 a.m. Discuss

Two multistate electricity grid operators with facilities in Little Rock are trying to negotiate a compromise over payments for moving power over their transmission systems.

Business news in brief

posted: 03/25/2015 2:17 a.m. Discuss

Telephone company to get $25M loan Southwest Arkansas Telephone Cooperative is one of three small rural telephone companies that will receive federal loans to upgrade copper-line-based systems to fiber-optics that will enable them to improve broadband communication services.

News in brief

posted: 03/25/2015 2:14 a.m. Discuss

Mexicans to accept some state poultry The top buyer of U.S. poultry will allow in some products from Arkansas, the U.S. Department of Agriculture said Tuesday.

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