Arkansas Business

John Glasgow
Arkansas Business

The remains of a Little Rock construction executive who went missing in 2008 have been found in Petit Jean State Park.

Conway County Sheriff Mike Smith confirmed that hikers found a skull on Wednesday afternoon about 150 yards off Red Bluff Drive in the park. The remains were taken to the State Crime Laboratory Thursday morning.

Leslie Rutledge attorney general
Michael Hibblen / KUAR News

Arkansas Attorney General Leslie Rutledge says she will testify before a U.S. House of Representatives subcommittee.

Rutledge announced Tuesday that she has accepted an invitation to testify Thursday before the Oversight Subcommittee on the Interior and will discuss U.S. Environmental Protection Agency regulations and the impact of those regulations on the states.

Rutledge said in a statement that "the EPA continues to pile on burdensome regulations" that she says harms Arkansas' existing industry and makes it difficult to attract new industry.

Chris Hickey / KUAR News

Local officials are heralding the arrival of a new 300,000 square foot Fed-Ex Ground facility on the outskirts of Little Rock. Amid a few remaining horse pastures and cattle ranches, a now-barren field in the Mabelvale neighborhood, will, by August 2016, give rise to the new shipping hub behemoth.

This expansion includes “job opportunities for the great workforce in the area and continued growth for FedEx Ground, ” according to Don Davis, Managing Director of the company's Mississippi Valley region.

The Winthrop Rockefeller Foundation has granted the EAST Initiative and the Arkansas Regional Innovation Hub $35,000 to support and encourage entrepreneurship in Central Arkansas, Talk Business & Politics reports.

Three technology companies announced plans to locate new facilities in downtown Conway, investing $2.5 million and adding 140 new jobs.

Talk Business and Politics report Metova Inc., a mobile app development company; Big Cloud Analytics, a predictive analytics software company; and Eyenalyze, a Conway-based company that has developed innovative software for use in the food service sector; will invest a combined $2.5 million and create 140 new jobs.

Wal-Mart has announced it will cut about 50 positions at its company headquarters in Bentonville.

KHOG-TV reports a company representative said Wednesday the layoffs will affect multiple departments and that no more are expected at this time.

In a statement, the retailer said it's common for individual departments to make adjustments around February, which is the start of the company's fiscal year, to better support their and the company's goals.

Wal-Mart says affected employees can apply for other positions within the company.

Delta Regional Authority To Host Pitch Competitions

Jan 15, 2015

The Delta Regional Authority is working to identify and nurture entrepreneurs from the Delta and the so-called “Alabama Black Belt” through The Delta Challenge, a series of entrepreneurship pitch competitions, and by offering support to organizations that foster entrepreneurship.

Up to 16 Entrepreneurship Network Fellows will be named through Delta Challenge pitch competitions that will take place in five cities across the Delta, including one in Jonesboro on Feb. 28. Others will be held in Cape Girardeau, Missouri; Ruston, Louisiana; Jackson, Mississippi; and Linden, Alabama.

Arkansas small business owners have the opportunity to learn more about the state’s health insurance marketplaces during a free webinar Tuesday. The on-line seminar will explore topics related to the costs and benefits of using the marketplaces.

Edward Haddock with the Small Business Administration said the information presented will be relevant even as the Arkansas Legislature discusses the future of healthcare in the state.

Carrie Ford Arkansas Venture Center
Talk Business & Politics

A new study from the Kauffman Foundation centered on women entrepreneurship concluded that more female business owners could have the same economic impact today that the entry of women in the 20th century labor force had generations ago.

Fayetteville's City Council in an August meeting on an anti-discrimination ordinance.
Jacqueline Froelich / KUAF

An alderman in Fayetteville is ready to try again to put an anti-discrimination ordinance in place but a state senator in northwest Arkansas hopes to strip Fayetteville, and local governments statewide, from having the authority to pass such ordinances. 

Earlier this month voters in Fayetteville narrowly chose to repeal an anti-discrimination ordinance designed to provide protection and recourse in housing, employment, and public accommodations to historically discriminated against populations - including LGBT people.   

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