Business

Arkansas weekly wage growth up 4.1%, below U.S. average

Benton County continues to have the highest average weekly wage in Arkansas, according to a U.S. Bureau of Labor Statistics (BLS) report. Arkansas’ average weekly wage is almost 30% below…

Home builder group works with students to build the Santa House

Local businesses, the Greater Fort Smith Association of Home Builders (GFSAHB), community organizations and the Fort Smith Public School District are bringing a little magic to Fort Smith this year…

Arkansas medical marijuana sales down almost 3%, but pounds sold up 23.2%

Arkansas medical marijuana sales through October total $227.8 million, down 2.65% compared with $234 million in the same period of 2023, according to information provided Wednesday (Nov. 20) by the…

Real Deals: Rogers group buys Pea Ridge storage facilities for $6.57 million

Adjacent storage facilities comprising 93,431 square feet of commercial space in Pea Ridge recently changed hands for a combined $6.57 million. The purchase price equals $70 per square foot. Rogers…

Good Gravy Group opens barbecue restaurant in Bentonville

Good Gravy Group, a Bentonville-based food and beverage company, recently opened barbecue restaurant Brothers Meethouse at Southeast Fifth and Southeast E streets in Bentonville. The restaurant features wood-fired and charcoal-finished…

The Supply Side: Early holiday spending underway; lackluster year expected

Christmas shopping has begun with one in four consumers starting in October and the majority expected to reduce spending from a year ago, according to data research marketing agencies. The…

Gov. Sanders releases $204 million in water funding

Gov. Sarah Sanders announced Wednesday (Nov. 20) an additional $204 million in financial assistance for water and wastewater projects for 45 entities. The projects provide water to more than 198,627…

Jennifer Irwin promoted to lead Fayetteville chamber

Jennifer Irwin has been named president and CEO of the Fayetteville Chamber of Commerce, effective Wednesday (Nov. 20). She replaces Steve Clark, whose last day in the position was Tuesday…

A-State receives $204,424 ARDOT grant for highway concrete research

A grant from the Arkansas Department of Transportation (ARDOT) will allow Arkansas State University’s College of Engineering and Computer Science to continue research focused on concrete. The university received $204,424…

Study: Doubling UA engineering, computer grads would grow state GDP

Doubling the number of engineering and computer science graduates at the University of Arkansas College of Engineering from 2024 to 2035, along with doubling research and development spending and doubling…

Fort Smith Board moves forward with federal climate grant participation

The Fort Smith Board of Directors on Tuesday (Nov. 19) approved moving forward in the process to accept a $14.5 million grant that is part of the federal Climate Pollution…

ACHE opens two new research centers

The Arkansas Colleges of Health Education has officially opened its Biomedical Resource Center and the Center for Rehabilitation Research to focus on “innovative therapies” and “impactful studies.” The two centers…

Lennar agrees to buy Rausch Coleman Homes

Miami-based Lennar Corp. announced Tuesday (Nov. 19) it has signed a definitive agreement to acquire Fayetteville-based Rausch Coleman Homes. Terms of the deal were not disclosed, but it is expected…

Doula Alliance of Arkansas names Lori Ross as founding executive director

The Doula Alliance of Arkansas announced Tuesday (Nov. 19) Lori Ross as its founding executive director. With three decades of leadership experience in the medical and nonprofit sectors, Ross brings…

Lyon College, City of Cabot finalize lease for veterinary school

Batesville-based Lyon College and the city of Cabot have finalized a lease agreement for the Lyon College School of Veterinary Medicine. The agreement was approved by the Lyon College Board…

Hispanic group provides scholarships, plans closure

The NWA Hispanic Leadership Council recently awarded $120,000 in scholarships to 30 college students. According to a news release, the council will cease operations at the end of this year….

Water for Good refreshes brand

Bentonville-based nonprofit Water for Good recently released a new brand, logo and identity after its merger with Lifewater International earlier this year. Lifewater International merged with Water for Good of…

Four from Arkansas selected for DRA’s Delta Leadership Institute Executive Academy

The Delta Regional Authority (DRA) has selected 35 community leaders from its eight-state service region to participate in the 2025 Delta Leadership Institute (DLI) Executive Academy, a leadership development program…

Walmart posts quarterly gains in revenue, net income; raises full year guidance

Walmart again outperformed analyst expectations for a better-than-anticipated fiscal third quarter while also painting a rosy picture for the fiscal year. The Bentonville-based retail giant posted quarterly revenue of $169.588…

Arkansas’ October jobless rate at 3.3%, below the 3.7% in October 2023

An almost 6% gain in Education and Health Services sector jobs helped push Arkansas’ net new jobs in October up 2.5%. The state’s jobless rate was 3.3% in October, unchanged…