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Difficult path to Uniti-Windstream deal revealed in SEC filing
Uniti Group Inc. and Windstream Holdings evaluated multiple deals separately and as a combined entity from several suitors over a two-year period beginning in …
Stories by Andrew Moreau
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Subscriber ExclusiveUniti Group Inc. second-quarter profits down 30%, revenue up
Uniti Group Inc. reported Thursday that second-quarter profits declined more than 30% and the company fell short of analysts' projections on earnings while bea…
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Subscriber ExclusiveLittle Rock Venture Center launches fintech accelerator initiative
Financial technology companies in Arkansas can secure a foothold with the state's banking sector through a new accelerator initiative that begins next month.
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Subscriber ExclusiveSimmons First National’s quarterly profits top $40M, down 30% from same period in ’23
Second-quarter profits dropped 30% at Simmons First National Corp., with the bank reporting Wednesday that net income plummeted to $40.8 million from $58.3 mil…
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Subscriber ExclusiveTaber Extrusions announces $60M manufacturing expansion expected to create 70 jobs in Russellville
Taber Extrusions announced Tuesday a $60 million investment to expand its Russellville plant and create 70 new jobs.
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Subscriber ExclusiveFayetteville to host regional qualifier for ’24 Startup World Cup
The Startup World Cup -- a global competition for startups and venture capital -- is coming to Fayetteville and will bring with it global attention to the fast…
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Subscriber ExclusiveArkansas’ unemployment rate falls to 3.3% in June
Arkansas continued to deliver employment momentum in June with gains in all key job and labor-market metrics, improvements that dropped statewide unemployment …
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Subscriber ExclusiveScott Coleman named CEO, president of Revolution Sustainable Solutions
Revolution Sustainable Solutions announced Thursday that Scott Coleman will become president and chief executive of the Little Rock firm, which manufactures an…
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Subscriber ExclusiveBank OZK reports 7th straight quarter of record profits
Bank OZK of Little Rock on Thursday reported record increases in profits and earnings per share in the second quarter -- results that beat the projections of i…
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Subscriber ExclusiveArkansas consumers responding to discount offerings to boost economy
Economic conditions in Arkansas and surrounding states are holding steady through the first half of the year, though a national analysis released Wednesday not…
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Subscriber ExclusiveBentonville nonprofit forges links for broadband jobs in the region
The U.S. government has pledged a $65 billion investment to stretch broadband across America -- particularly in hard-to-connect rural areas -- and an Arkansas-…
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Subscriber ExclusiveFed leader calls for holding steady on interest rates as inflation eases
The president and chief executive officer of the St. Louis Federal Reserve Bank, Alberto Musalem, told Central Arkansas business leaders Thursday that economic…
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Uniti Group’s CEO says the purchase of Windstream will strengthen its position as a national fiber leader
Uniti Group Inc.'s chief executive told state and community leaders Tuesday the company's pending acquisition of Windstream Holdings Inc. will strengthen effor…
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Subscriber ExclusiveWest Memphis bank hacked, customer data exposed
Evolve Bank & Trust of West Memphis is notifying customers that some personal information has been stolen by a "known cybercriminal organization" that also pub…
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Subscriber Exclusive‘Robust’ job growth continues in Arkansas
Unemployment in Arkansas held steady at 3.4% in May as the state continues to reach record employment numbers and is seeing more residents looking for work, of…
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Subscriber ExclusiveOPINION | ANDREW MOREAU: Southern Bancorp introduces program to aid minority entrepreneurs
Southern Bancorp, dedicated to serving rural communities, is expanding its effort with an initiative to enhance development of minority entrepreneurs and small…
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Subscriber ExclusiveNew ARise program to focus on startup businesses and tech companies
Arkansas' leading economic development arm announced Thursday an expanded initiative to encourage startup businesses and enhance growth opportunities for tech …
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Subscriber ExclusiveStartup Junkie takes over technology commercialization center
Startup Junkie Consulting of Fayetteville is taking over management of the Arkansas Statewide Technology Commercialization Center and is scheduled to roll out …
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Subscriber ExclusiveInnovation Hub’s summer camp begins in North Little Rock, focuses on teaching kids to code
More than a dozen elementary students buzzed around the Innovation Hub in North Little Rock on Thursday, putting a digital twist on the traditional summer-camp…
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Subscriber Exclusive$10 million in matching funds available for Arkansas development efforts
Arkansas is investing $10 million to enhance economic development efforts statewide with a first-ever matching-grant program for site-development efforts in lo…
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Subscriber ExclusiveLittle Rock-area commercial real estate market favors tenants, report shows
The commercial real estate market in Central Arkansas stumbled a little coming out the gates this year with a report that vacancy rates increased for both offi…
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Hino set to close Marion plant, cut 1,300 jobs
About 1,300 Marion autoworkers will lose their jobs by mid-2027 after Hino Motors of Japan announced it would close its Crittenden County plant and exit the au…
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Subscriber ExclusiveRogers recovery center opens
The U.S. Small Business Administration announced Tuesday the opening of a recovery center in Rogers that will provide quick access to Northwest Arkansas busine…
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Subscriber ExclusiveArkansas Manufacturing Network opens digital options to help bolster state’s supply chains
A public-private alliance announced Monday has created a digital tool to help Arkansas manufacturers navigate supply chains and link with other manufacturing c…
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Subscriber ExclusiveBank OZK stock falls on downgrade as real estate loans stir concern
Bank OZK investors were spooked by reports last week that the Little Rock lender could be overextended in the commercial real estate market, which has been lab…
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Subscriber ExclusiveFed report: Arkansas economy on cruise control as shoppers hunt for discounts
Economic activity and employment in Arkansas and the nation have settled into a solid groove as rising prices pressure consumers to buy less-expensive products…
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Data shows job-switching trend has resulted in greater dissatisfaction
Two years ago, employers and economic development officials were agonizing over the Great Resignation -- the workplace reshuffle dealt by the pandemic, allowin…
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Subscriber ExclusiveOPINION | ANDREW MOREAU: State’s 17 electric co-ops contribute nearly $2B annually to economy
The 17 electric cooperatives that power rural Arkansas aren't generally seen as economic-development engines, yet their annual contributions to gross product s…
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Subscriber ExclusiveArkansas unemployment dips to 3.4% in April
Employment in Arkansas continued to improve in April for the third consecutive month as the state's unemployment rate shed another one-tenth of a point and fel…
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Dillard’s Inc. posts $180 million first-quarter profit
Dillard’s Inc. posts $180 million first-quarter profit
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Subscriber ExclusiveInvestors wary about proporsal for Uniti-Windstream remarriage
Wall Street's reaction to the proposed Uniti-Windstream remarriage is revealing. Investors seem to be telling the companies: We won't be fooled again and we're…
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Westrock posts quarterly loss, gears up production in Conway
Westrock Coffee Co. reported a net loss of $23.7 million in the period ending March 31 compared with a loss of $4.3 million in the first quarter of 2023, the c…
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Subscriber ExclusiveChamber awards highlight economic, community contributions
Five small businesses were honored Thursday by the Little Rock Regional Chamber of Commerce for their economic and community contributions to Central Arkansas.…
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Subscriber ExclusiveApartment profits lift at BSR as company notes confidence in continued growth
Profits ticked up slightly in the first quarter at BSR Real Estate Investment Trust, which reported an increase in net operating income of more than 4% for the…
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Subscriber ExclusiveUnbanked households decreasing
Federal stimulus payments to Americans during the pandemic did more than fill consumers' pockets -- it inspired many to open bank accounts to speed up receipt …
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Subscriber ExclusiveUniti, Windstream agree to $13.4 billion merger deal
Uniti Group Inc. announced Friday it will take over operations of Windstream Holdings Inc. in an estimated $13.4 billion merger that reunites the Little Rock c…
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Subscriber ExclusiveSmall businesses struggling to survive economic torrents
Small-business operators are wary of the future as the nation this week celebrates the industry's contributions to the economy.
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Subscriber ExclusiveSimmons profits drop zapped by federal fees
Profits at Simmons First National Corp. dropped 14% in the first quarter as the Pine Bluff bank fell a penny short of Wall Street's projections for earnings pe…
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Subscriber ExclusiveSurvey finds nation’s banks wary as customers’ trust is on the wane
Bank customers in Arkansas, like their peers across the nation, feel pretty good about the way they're treated, though consumers are becoming increasingly wary…
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Subscriber ExclusiveMarch unemployment rate drops as Arkansas sets workforce record
State unemployment dipped one-tenth of a point for the second-consecutive month in March, sliding to 3.5% from 3.6% in February. The monthly job gain helped Ar…
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Subscriber ExclusiveProfits slip at Home BancShare as the bank beats industry projections
Home BancShares Inc. reported Thursday that profits slipped 2% in the first quarter as earnings per share fell a penny to 50 cents, though the Conway bank beat…
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Subscriber ExclusiveProfits soar as Bank OZK delivers record quarterly results
Profits soared to record levels at Bank OZK in the first quarter as the Little Rock lender opened 2024 with a 7.1% increase in earnings per share that zoomed p…
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Subscriber ExclusiveReport: Economic conditions in Arkansas, surrounding states appear to be withstanding whipped-up inflation
Economic conditions in Arkansas and surrounding states appear to be withstanding whipped-up inflation as consumers continue to spend while shopping for lower-e…
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Subscriber ExclusiveBankers resist call to restrict overdraft fees
There's a tug of war stewing between U.S. banks and a leading national consumer group, which has proposed a significant reduction in the fees lenders can charg…
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Subscriber ExclusiveInflation, high interest, wary consumers set mood ahead of bank reports
The nation's banks continue to struggle with preserving financial prosperity heading into 2024's earnings season and forecasts indicate a gloomy start to first…
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Subscriber ExclusiveCentral Arkansas economy lags national trends due to slow population growth, says Metroplan
Slow but steady growth seems to be the economic pattern the Central Arkansas region has settled into over the past few years, though activity in the area is no…
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Subscriber ExclusiveASU focuses on developing workforce for Arkansas’ steel industry
Industry-driven workforce development, allowing businesses a leading role in building employee training programs, has been an evolving trend in the economic de…
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Subscriber ExclusiveSBA found to be lacking aggressiveness in promoting services to small businesses
The spread of the covid-19 virus, beginning four years ago, crippled small businesses across the nation and motivated LaTeasha Gaither-Davis to gather more inf…
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Cost savings push Entergy to lower electric bills by average of $10 per month for the next year
Entergy Arkansas will cut electricity rates beginning next month for the 730,000 customers it serves across the state. Average residential customers should see…
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Subscriber ExclusiveState switches gears to beef up support for tech startups
Startup Junkie Consulting of Fayetteville will manage the Arkansas Statewide Technology Commercialization Center under a $1.2 million, 16-month agreement.
