Author: Talk Business & Politics staff

Talk Business & Politics staff

Brent crude oil price in 2019, 2020 to remain lower than 2018

International benchmark Brent crude oil is expected to rise from $61 per barrel in 2019 to $65 per barrel in 2020, up from the end of 2018 but lower than…

Car and light truck sales may slow in 2019

The manufacturing sector could face a headwind in 2019 based on a prediction that U.S. sales of cars and light trucks are forecast to slow this year, according to Cox…

Arvest Bank passes $2 billion mortgage mark in 2018

Arvest Bank announced Tuesday (Jan. 15) that its mortgage division originated more than $2 billion in loans in 2018, the third time it has done so in its history. “From…

CHI St. Vincent announces leadership changes

Little Rock-based health network CHI St. Vincent has announced several key leadership changes in response to the changing landscape of the healthcare industry. The leadership restructuring will ensure “the prudent…

Civil rights exhibition plans commemoration of one-year anniversary

The U.S. Civil Rights Trail, which leads visitors through landmarks and sites throughout the South and runs through Little Rock, will celebrate its one-year anniversary on Martin Luther King Jr….

Renewable energy collects 93% of federal subsidies

Renewable energy obtained 93% of federal energy fuel subsidies while generating 22% of total U.S. energy in fiscal year 2016, according to data from the U.S. Energy Information Administration (EIA)….

FDA food inspections cease, USDA meat inspections continue despite shutdown

The U.S. Food and Drug Administration (FDA), which oversees about 80% of the U.S. food supply, said it has ceased all routine inspections of domestic food-processing facilities in the midst…

2 public meetings set for Highway 71B project in Fayetteville

The city of Fayetteville will host two studio sessions to discuss design elements for the northern part of the 71B Corridor project, near the Northwest Arkansas Mall. The public meetings…

Former State Senator Gilbert Baker indicted (UPDATED)

Former State Senator Gilbert Baker, R-Conway, was indicted by a federal grand jury Friday (Jan. 11) on charges of conspiracy, bribery and honest services wire fraud. The federal indictment includes…

Cooperatives CEO Duane Highley wins communications leadership award

Duane Highley, president and CEO of Arkansas Electric Cooperative Corporation (AECC) and Arkansas Electric Cooperatives, Inc. (AECI), recently received the 2019 J.C. Brown Award for CEO Communication Leadership. The J.C….

Initial cohort selected for supply chain accelerator in Bentonville

A new startup accelerator in Bentonville has chosen its initial cohort of businesses. Fuel, a 16-week program for supply chain startups, focuses on preparing early-stage companies to work with large…

U.S. power sector to add nearly 24 gigawatts of capacity

The U.S. electric power sector is expected to add 23.7 gigawatts and retire 8.3 gigawatts of generating capacity in 2019, according to the U.S. Energy Information Administration (EIA). This data,…

NEA Baptist Center for Good Grief to host a grief program

NEA Baptist Center for Good Grief will host a four-week, closed Family Grief Group starting on Jan. 29. There will be weekly sessions, each Tuesday through February 19, according to…

Mary Kennedy named new director of Hendrix’s Windgate Museum of Art

Mary Kennedy of Little Rock has been named as the director of the new Windgate Museum of Art at Hendrix College in Conway. She started the position on Jan. 7….

AEDC Rural Services awards $531,602 in grants for wildlife education, school conservation

The Arkansas Economic Development Commission Division of Rural Services has awarded grants totaling $531,602.23 to promote wildlife education and improve school conservation programs to 253 schools and conservation districts in…

Arkansas banks pass federal regulatory evaluations in 2018

Priority Bank of Fayetteville was among 31 national banks, federal savings associations, and insured federal branches of foreign banks that have received a satisfactory or outstanding Community Reinvestment Act evaluations…

Tyson Foods clears another hurdle for plant expansion in Texas

The city council in Sherman, Texas, has approved a tax abatement for a Tyson Foods plant expansion expected to cost $30 million. The agreement is for six years at 50%…

USDA halts meat recall updates on its website while shutdown persists

The U.S. Department of Agriculture has halted updates on its website for meat and poultry recall updates because of the partial government shutdown. The last update listed on the site is…

Africa, Asia, Middle East drive energy consumption growth

Africa, Asia and the Middle East drove nearly all growth in global energy consumption, between 2010 and 2016, according to the U.S. Energy Information Administration (EIA). The new data on…

RevUnit shakes up C-suite to accommodate growth, Josh Stanley named president

Bentonville software firm RevUnit has announced three promotions that will restructure its executive leadership team. Josh Stanley, who joined the company as a result of the company’s acquisition of Teamvvork…

GDP up 4.3% in the third quarter, consumer confidence declines

St. Bernards to expand Maternal Life360 HOME program into Greene County

Then and Now: Cooperative business model a good fit for Mitchell Johnson

Dope Medicinal Wellness opens Fayetteville clinic