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Thursday, December 4, 2008 7:22 p.m.

Business in Arkansas

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Utility to argue to resume plant work

(Thursday, Dec. 4, 2008)

State environmental officials will consider on Friday Southwestern Electric Power Co.’s request to allow full-scale construction to resume on its coal-fired power plant near Texarkana while its air permit is under appeal. » Read story.

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$28 million hotel planned in NLR’s Argenta District

(Thursday, Dec. 4, 2008)

A $28 million hotel will be built in the Argenta District in downtown North Little Rock in 2010, the New Argenta Fund announced Wednesday. » Read story.

Pecan growers facing ‘difficult year’

Off year, weak demand, storm damage blamed for low crop harvest

(Thursday, Dec. 4, 2008)

Pecan growers across Arkansas are harvesting a sparse crop and encountering weak demand. » Read story.

Retirees fight Windstream plan to cut benefits

(Wednesday, Dec. 3, 2008)

Windstream Corp. wants a federal judge to affirm its authority to reduce retiree benefits even when the people affected retired from other phone companies that Windstream acquired over the years. » Read story.

Family of man trampled by shoppers suing Wal-Mart

(Wednesday, Dec. 3, 2008)

The family of a worker trampled to death in a “Black Friday” crush of bargain hunters at a Long Island Wal-Mart store filed a wrongful-death lawsuit on Wednesday, claiming store ads offering deep discounts “created an atmosphere of competition and anxiety” that led to “crowd craze.” » Read story.

Beebe says he’ll name banker to highway commission

(Wednesday, Dec. 3, 2008)

Gov. Mike Beebe says he will appoint Rogers bank executive Dick Trammel to a 10-year term on the Arkansas Highway Commission. » Read story.

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Report: Agency let Rogers bank slide

(Wednesday, Dec. 3, 2008)

Three years before ANB Financial of Rogers was closed by federal regulators, the Office of the Comptroller of the Currency knew most of the bank’s problems but took “no forceful action until 2007,” a report by another federal agency says. » Read story.

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Utility: Allow plant to be built

Foes appealing firm’s air permit

(Wednesday, Dec. 3, 2008)

Southwestern Electric Power Co. asked state officials Tuesday to allow construction of a coal-fired power plant in Hempstead County to continue despite the latest move by plant opponents to block the $1.6 billion project. » Read story.

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Accounting change pares 2 cents off Car-Mart earnings

(Wednesday, Dec. 3, 2008)

America’s Car-Mart Inc. said Tuesday that it shaved 2 cents off its second-quarter 2009 earnings because of an accounting change that has potential to affect earnings for the next five years. » Read story.

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Five areas in state see jobless rate decrease

(Wednesday, Dec. 3, 2008)

Five of the eight metropolitan areas in the country that reported declines in unemployment rates in October are in Arkansas, the U.S. Bureau of Labor Statistics said Tuesday. » Read story.

Arkansas opens new mental health center

(Tuesday, Dec. 2, 2008)

Arkansas has opened a $32 million mental health research, teaching and patient care center — one of only nine in the country to combine all these services in one place. » Read story.

Ark. revenues beat forecast, last year’s figures

(Tuesday, Dec. 2, 2008)

Arkansas’ revenues in November came in above forecast and beat last year’s numbers, despite the nation’s recession and a record spike in the state’s unemployment rolls, fiscal officials said Tuesday. » Read story.

Miss. proposes $30 million in incentives for Cooper Tire

(Tuesday, Dec. 2, 2008)

Mississippi officials are proposing to give Cooper Tire & Rubber Co. $30 million in financial incentives to keep the company’s Tupelo plant open. » Read story.

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Baptist Health reports $17 million loss

(Tuesday, Dec. 2, 2008)

Baptist Health in 2007 sustained a loss of $17 million, largely due to an increase of nearly 10 percent in expenses over the previous year. » Read story.

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Pilgrim’s submits Chapter 11 filing

Business as usual, poultry firm says

(Tuesday, Dec. 2, 2008)

Pilgrim’s Pride Corp. filed for Chapter 11 bankruptcy protection Monday, a company news release stated. » Read story.

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