Business

NativState signs agreement with TotalEnergies

Stuart Allen owned a swath of land in central Arkansas and in 2020 he started to explore ways to monetize it. Many property owners make money by selling timber off…

Walton Family Foundation executive director to step down in December

Stephanie Cornell, executive director of the Walton Family Foundation, said she will step down at the end of this year after more than two years in the role. On Thursday…

Walmart net income up 56.1%, revenue up 3.7%

Second quarter net income for Walmart was $7.026 billion, up 56.1% compared with the same period in 2024. Per share earnings were 88 cents before adjustments reduced them to 68…

Terrence Ward named Lawrence County Chamber of Commerce Executive Director

Lawrence County Chamber of Commerce interim Executive Director Terrence Ward has been named the permanent executive director of the organization. The board of directors announced Wednesday (Aug. 20) that it…

Target names next CEO, earnings miss expectations

Target will have a new CEO to start the next year as Brian Cornell becomes chairman for the retailer. The board unanimously elected Micheal Fiddelke as Target’s next CEO, effective Feb….

Firm, Fayetteville to build public pocket park

Specialized Real Estate Group, in partnership with the city of Fayetteville, recently broke ground on a new public pocket park located along the Razorback Greenway, adjacent to the South Yard…

Then & Now: Dr. Kimberly Polite ‘packages professionalism’

As a business professor, business leadership consultant, and cosmetic line founder, Dr. Kimberly Polite “packages professionalism” in all its different aspects. “It takes multi-layers to be successful in the business…

Foreclosure numbers decline 25% in the Fort Smith metro

The number of Fort Smith metro properties in some form of a foreclosure filing is down 25% in July compared with a year ago and much better than the national…

The Supply Side: Retailers engaged in expansion, technology investments

Many retailers are investing in stores, people and technology to ensure they remain relevant in the evolving retail sector. Burlington, Walmart, Five Below, and Tractor Supply are just a few…

Merrill Steel to build $32 million facility in Osceola

Merrill Steel announced Wednesday (Aug. 20) it will open a steel fabrication facility in Osceola. The project will cost $32 million and create 108 new jobs during the next three…

Fort Smith Board tables action on acquiring, managing cemeteries

The Fort Smith Board of Directors on Tuesday (Aug. 19) tabled action on options to acquire or support four cemeteries in the city that cover around 105 acres. Cemetery managers…

Trane Technologies to expand Fort Smith plant, add more than 60 jobs

Trane Technologies plans to invest almost $6 million to expand manufacturing capacity at its Fort Smith plant. The expansion is expected to add 63 jobs to the 272 jobs now…

Utilities Black Hills, NorthWestern to combine in all-stock merger

Rapid City, S.D.-based Black Hills Corp. and Sioux Falls, S.D.-based NorthWestern Energy Group Inc. will merge in an all-stock deal, forming a publicly traded electric and natural gas utility valued…

Baptist Health Foundation awarded nearly $1 million from Windgate Foundation

The Baptist Health Foundation was recently awarded $998,000 from the Windgate Foundation in support of significant innovative equipment and life-like medical simulation programming upgrades at Baptist Health College Little Rock…

Dwight Yoakam, Ashley McBride headline fall concert series at First National Bank Arena

First National Bank Arena, in Jonesboro will host several concerts this fall and will include Northeast Arkansas native Ashley McBride and Dwight Yoakam. “We’re incredibly excited to host four major…

Indigo Road to operate Ropeswing’s restaurants, bars

Charleston, S.C.-based The Indigo Road Hospitality Group is the new operations partner for Bentonville-based Ropeswing Hospitality Group, the firms announced Monday (Aug. 18). Indigo Road plans to open a Bentonville…

Arkansas jobless rate steady at 3.7%, nonfarm job numbers up almost 2%

Arkansas nonfarm employment rose almost 2% in July with Education and Health Services and the tourism sectors accounting for a majority of the job gains. The state’s jobless rate in…

Economist: Consequences not good if Farm Bill not considered

A new Farm Bill is on the agenda for Congress when it returns to work in September and at least one agricultural economist in the state thinks a deal might…

UAMS nurse anesthetist program to expand to NWA

The University of Arkansas for Medical Sciences (UAMS) announced a collaboration with the Alice L. Walton Foundation, Heartland Whole Health Institute, Mercy and Washington Regional Medical Center to expand its…

$1.3 million Labor grant expands job training for farmworkers

The U.S. Department of Labor’s Employment and Training Administration (DOL/ETA) has awarded $1.3 million to the Arkansas Human Development Corporation (AHDC) to provide job training, counseling, and support for low-income seasonal and migrant farmworkers…