Business

Corruption Allegation Costs Wal-Mart $612 Million Since 2013

Alleged violations of the Foreign Corruption Practices Act by Wal-Mart have cost the retailer more than $612 million in legal fees and compliance restructuring costs over the past three years – and the price tag is rising.

Corruption allegation costs Wal-Mart $612 million since 2013, compliance efforts grow

Alleged violations of the Foreign Corruption Practices Act by Wal-Mart has cost the retailer more than $612 million in legal fees and compliance restructuring costs over the past three years….

P.A.M. Transportation sees 296% gain in record first quarter profits

Tontitown-based P.A.M. Transportation Services is off to a record start in 2015 reporting net profits of $5.369 million, rallying 296% from the $1.356 million net income reported in the first…

First CEO Of Sam’s Club Shares Lessons Learned From Sam Walton

Ron Loveless, the first CEO of Sam’s Club, met Sam Walton as a child when Loveless’ mom became Walton’s housekeeper. A friend and one-time executive of Walton and Jack Shewmaker…

Lockheed’s Camden Facility Lands $175 Million Contract To Build Missiles For U.S. Ally

Despite fewer domestic deliveries of air and defense missiles in the first quarter, Lockheed Martin scored another big Pentagon contract recently that will keep workers at the defense giant’s 500-worker…

Freight Sector Solid In First Quarter, But Slowdown Seen In Export Orders

The U.S. freight sector ended the first quarter on a high note, but authors of closely watched reports say the gains could be shaved in the remainder of 2015 by…

P.A.M. Transportation Sees 296% Gain In Record First Quarter Profits

Tontitown-based P.A.M. Transportation Services is off to a record start in 2015 reporting net profits of $5.369 million, rallying 296% from the $1.356 million net income reported in the first…

2015 Donald W. Reynolds Governor’s Cup Winners Announced

College students were rolling in the dough at the Statehouse Convention Center in Little Rock on Wednesday. The 2015 Donald W. Reynolds Governor’s Cup named its winners across multiple categories…

Common Core Task Force To Hold First Meeting Thursday

The first hearing and listening tour session for the Governor’s Council on Common Core Review will take place on Thursday. The hearing will be held from 8 a.m. to 4:30…

Mid-South Sales Announces Scholarship Endowment At ASU

Mid-South Sales of Jonesboro is endowing a scholarship to support promising students in agriculture and business at Arkansas State University. The scholarship, to be known as the Mid-South Sales Endowed…

St. Bernards Receives Two Komen Grants

St. Bernards Healthcare recently received two grants totaling more than $97,000 from the Arkansas Affiliate of Susan G. Komen to help provide breast health services to women in Northeast Arkansas….

ExxonMobil to pay almost $5 million for central Arkansas oil spill

Oil and gas giant ExxonMobil Corp. will pay nearly $5 million in state and federal civil penalties to resolve alleged violations of the Clean Water Act and state environmental laws…

SumoText Launches New Mobile App To Give Buyers Control Over Vendor Relationships

As customer relationship management (CRM) systems developed by such tech players as SalesForce.com, SAP and Oracle continue to populate the workplace, SumoText President and CEO Tim Miller said Wednesday that…

Freight sector solid in first quarter, but slowdown seen in export orders

The U.S. freight sector ended the first quarter on a high note, but authors of closely watched reports say the gains could be shaved in the remainder of 2015 by…

Gov. Hutchinson Launches New Website

Gov. Asa Hutchinson on Wednesday launched a new website for governor.arkansas.gov, with a new design and features. The re-design is intended to reach beyond the Little Rock bubble and into…

Endeavor awards $996,000 toward health and wellbeing initiatives

Mercy Clinic Northwest Arkansas and Community Clinic got a funding boost from the Endeavor Foundation on Wednesday (April 22) totaling $996,000 to further their work for low cost and accessible…

ExxonMobil To Pay Nearly $5 Million To Resolve Mayflower Oil Spill Civil Charges

Oil and gas giant ExxonMobil Corp. will pay nearly $5 million in civil penalties to resolve alleged violations of the Clean Water Act and state environmental laws stemming from the 2013 crude oil spill from the Pegasus Pipeline in Mayflower, Arkansas.