Arkansas Business

Arkansas Business Since 1984, the premier source for Arkansas business news. More at arkansasbusiness.com.

The Pine Bluff-based bank has exited the San Antonio and Austin markets.
01/22/2025

The Pine Bluff-based bank has exited the San Antonio and Austin markets.

Simmons First National Corp. (Nasdaq: SFNC) reported a sharp rise in Q4 2024 profits to $48.3M and announced the closure of 12 branches as part of a rightsizing effort. Revenue and earnings beat Wall Street forecasts, while CEO George Makris Jr. outlined key factors influencing 2025.

The Fayetteville tax software firm sued the agency last week, alleging that its access was suspended without explanation...
01/22/2025

The Fayetteville tax software firm sued the agency last week, alleging that its access was suspended without explanation.

Zenwork of Fayetteville reached a settlement with the Social Security Administration to restore W-2 filing access after suing the agency.

The bank held a ribbon-cutting ceremony to celebrate the completion of a year-long, $8 million remodeling project.
01/22/2025

The bank held a ribbon-cutting ceremony to celebrate the completion of a year-long, $8 million remodeling project.

Stone Bank held a ribbon-cutting for its $8 million remodeled headquarters in Little Rock, a 39,000-SF building with updated amenities and space for 115 employees.

Her priorities also include addressing workforce needs and closing gaps in specialty care in the region.
01/22/2025

Her priorities also include addressing workforce needs and closing gaps in specialty care in the region.

Stefanie Pawluk, policy director at the Northwest Arkansas Council, prioritizes advancing value-based care, improving workforce development, and enhancing specialty care.

Here's this week's roundup of notable hires, promotions and other personnel moves in Arkansas.
01/22/2025

Here's this week's roundup of notable hires, promotions and other personnel moves in Arkansas.

First Security Bank names Matthew Boyd as Cabot market president; key hires and promotions across health care, law, nonprofits, and more in Arkansas industries.

The four-story, 161,000-SF project doubles ER capacity and upgrades ICU care to meet rising demand.
01/22/2025

The four-story, 161,000-SF project doubles ER capacity and upgrades ICU care to meet rising demand.

Mercy Hospital Fort Smith's $186M expansion, opening May 2025, adds 50 ER rooms, 64 ICU beds, and modern amenities, addressing rising patient demand.

The project will bring lower power bills to low-income elderly and disabled Arkansans.
01/22/2025

The project will bring lower power bills to low-income elderly and disabled Arkansans.

Entegrity powers Fort Smith solar projects, including a 1MW array aiding low-income residents. Challenges loom as Arkansas' net-metering rules change.

A 20,000-SF retail center is in the works.
01/22/2025

A 20,000-SF retail center is in the works.

A $3.87M land deal sets the stage for a 20,000-SF Goodwill center in Little Rock, while other real estate moves include hotels, homes, and retail properties.

D.F. Chase Inc. of Nashville, Tennessee, was awarded the contract.
01/22/2025

D.F. Chase Inc. of Nashville, Tennessee, was awarded the contract.

Explore this week's million-dollar deals, including construction contracts and real estate transactions in Little Rock and North Little Rock.

The case stemmed from a winter storm in February 2021 that caused significant property damage.
01/22/2025

The case stemmed from a winter storm in February 2021 that caused significant property damage.

Massachusetts insurer Norfolk & Dedham Mutual wins 8th Circuit appeal, reviving lawsuit over $4.7M chicken house collapse in southeast Arkansas.

He was most recently the public relations manager for The Peacock Group.
01/22/2025

He was most recently the public relations manager for The Peacock Group.

Chris Bahn launches C. Bahn Strategic Partners in Little Rock, offering PR services, while partnering with Kirkpatrick Creative as its director of public relations.

A picturesque RV, camping and cabin resort could end up in receivership.
01/22/2025

A picturesque RV, camping and cabin resort could end up in receivership.

Vista at the Lake, a Lake Hamilton resort, faces receivership in a $2.6M loan default case as lender seeks foreclosure and rent control amid mounting debt.

Humana is also filling the former Walmart Health locations.
01/22/2025

Humana is also filling the former Walmart Health locations.

Mercy opened 3 clinics in Arkansas at former Walmart Health centers, expanding access to primary care while facing healthcare industry challenges.

Inflation has eased, but other challenges remain.
01/22/2025

Inflation has eased, but other challenges remain.

Hospitals in Arkansas and nationwide are cautiously optimistic about financial recovery in 2025, though challenges like insurance battles, revenue growth, and staffing shortages persist.

Ongoing land acquisitions and development plans are aimed at attracting major industrial users.
01/22/2025

Ongoing land acquisitions and development plans are aimed at attracting major industrial users.

Despite voters rejecting a sales tax for expansion, the Little Rock Port is progressing with land acquisitions and development, including 500 acres to expand westward, aiming for future industrial growth.

A deal with Cambia Health Solutions of Portland, Oregon, is said to be under discussion.
01/22/2025

A deal with Cambia Health Solutions of Portland, Oregon, is said to be under discussion.

Arkansas Blue Cross & Blue Shield, after a $100M loss and layoffs, explores a merger with Cambia Health, raises premiums, and cuts lobbyist contracts to reduce costs.

ICYMI: Here are the most-read stories on ArkansasBusiness.com in 2024.
01/15/2025

ICYMI: Here are the most-read stories on ArkansasBusiness.com in 2024.

These are Arkansas Business' most read online stories of 2024, including the Bryan Malinowski shootout, Tyson Foods' poultry farmer woes, Medicaid fraud investigations, and Arkansas' rise as a bass boat manufacturing hub.

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