LITTLE ROCK, Ark. (KTHV) -- The day after Senate Majority Leader Harry Reid expressed frustrations over talks concerning the fiscal cliff, President Obama said that he believes the White House and the Republican House leadership should be able to get a framework of a solution together by Christmas. The President's optimism spread to Wall Street.
Investors also found reason to be happy from a Federal Reserve survey that said consumer spending and steady home sales kept the American economy growing during October. Growth improved in nine of the reserve's 12 banking districts, including the St. Louis branch that includes Arkansas.
The three exceptions were all in the Northeast, areas that were heavily affected by Hurricane Sandy.
Hostess, the maker of cupcakes and Twinkies claimed bankruptcy earlier this month, and now, a company incorporated in Pine Bluff says it wants to buy the beleaguered snack food baker.
Cookies & Sweets Bakeries is an LLC run by James Davis, a Detroit native and UAPB graduate. Davis says he plans to go public next month and will move Hostess' headquarters to Detroit, if the sale goes through.
The company, not currently in production, incorporated in 2008, but has since had that status revoked by the Arkansas Secretary of State's office.
A Sherwood family medical clinic is shuttered after St. Vincent Health System kicks one of its doctors out of his office.
Dr. Jock Cobb says he was shocked when St. Vincent told him to be out of the building on Highway 107 by the end of last month, and that he had to scramble to find a new location for his practice.
St. Vincent CEO Peter Banko told Arkansas Business that St. Vincent "wanted to move in a different direction and have some other primary care relationships ... go in the building."
Banko says he hopes to have new tenants in the building by January. Vobb is back in business on East McCain Boulevard in North Little Rock in a facility leased alongside other physicians.
Finally, west Little Rock gets ready to see another new restaurant chain moving into the neighborhood.
Chuy's will open its first location in Arkansas, somewhere in the vicinity of Kanis and Chenal. The Austin, Texas, chain boasts Tex Mex delicacies, funky decors and a shrine to Elvis Presley in each of its locations.
This, as west Little Rock will also see a new Starbucks in the area.