Business

Arkansas job growth numbers trend lower in April report

The pace of job growth in Arkansas continues to slow, with net new jobs in April up less than 1%, and the number of unemployed up more than 10%. The…

Single Parent Scholarship Fund to receive $1 million challenge grant

Bentonville-based Single Parent Scholarship Fund of Northwest Arkansas said Thursday (May 21) that it has unlocked a “transformational investment” by raising enough money to receive a $1 million Mabee Foundation…

Northeast Arkansas under exceptional drought conditions

It might have rained in many parts of Arkansas in recent days but much of the state is under exceptional drought conditions, the highest designation by the U.S. drought monitor. Most of…

State chamber leader touts Northwest Arkansas growth

Fresh off another round of state income tax cuts, Randy Zook is not only ready for what comes next but also eyeing the next decade of growth. The Arkansas State…

Butterfield Stagecoach monument could be installed by late summer

Phil White said Thursday (May 21) during a Central Business Improvement District (CBID) meeting that what was just an idea a few months ago for a new historic monument in…

The Supply Side: AI changing relationships between retailers, suppliers

Walmart and several other major retailers are investing in artificial intelligence (AI) transformations. The use includes bots and machine learning to run reports for merchant teams, help customers locate and…

UAMS launches initiative, tops out Springdale hospital

The University of Arkansas for Medical Sciences will use a $1.2 million federal grant to develop behavioral health outreach programs, as its $109.5 million hospital west of Interstate 49 in…

Walmart quarterly net income up almost 19%, revenue rises 7.3%

Walmart on Thursday (May 21) turned in a solid fiscal first quarter, topping consensus estimates on top and bottom lines. Net income was $5.33 billion, up 18.8% compared with the…

Dr. William Jones named market president for CHI St. Vincent

CHI St. Vincent announced Thursday (May 21) that Dr. William Jones has been named market president for Arkansas by CommonSpirit Health. Jones previously was president of CHI St. Vincent Infirmary….

Town hall focuses on health care access, self advocacy with health care needs

Approximately 30 people gathered Wednesday (May 20) evening at Community Bible North Church in Fort Smith for a town hall meeting to discuss health care advocacy and best practices for…

New startup program launched by AEDC, global venture firm

Global venture firm and startup accelerator gener8tor is launching gALPHA Arkansas, a free venture-creation workshop for entrepreneurs and ideators building businesses in the state of Arkansas, in partnership with the…

A-State Chancellor Todd Shields named Rural Advocate of the Year

Arkansas State University Chancellor Dr. Todd Shields has been named the 2026 Rural Advocate of the Year by the Arkansas Rural Development Commission. The honor was presented to Shields by…

My Place Hotels opens in Jonesboro

My Place Hotels, a hospitality company based in Aberdeen, South Dakota, has opened its second franchise in Arkansas and it’s located in Jonesboro. The 63-unit hotel was officially opened on…

Fort Smith airport director grateful to be ‘surrounded by aviation’ daily

For Andrew Meyer, the Fort Smith Regional Airport director hired in September 2025 to lead the third-largest commercial airport in Arkansas, he always knew he would build a career in…

Swarm Aero gains approval to continue operations in Fayetteville

Oxnard, Calif.-based drone company Swarm Aero won its appeal from the Fayetteville City Council to remain open in an 80,000-square-foot manufacturing center in Fayetteville. The city and company faced pressure…

Markham Hill starts phase 2 of development

After more than eight years of planning, Fayetteville-based Specialized Real Estate Group recently started phase two of Markham Hill, a conservation-focused neighborhood on more than 100 acres of Ozark forest….

Development group to invest $15 million in Pinnacle office building

A group of affiliated owners managed by Fayetteville-based Savant Real Estate and Development will invest $15 million to renovate a tornado-damaged office building in the Pinnacle Hills area of Rogers….

Combined FY 2026 and FY 2027 Arkansas revenue surplus could be just under $1 billion

Arkansas’ total tax revenue in fiscal year 2026, which ends in June, is expected to total $8.634 billion, up $278.7 million, or 3.3% from the previous fiscal year, according to…

Municipal League chief: Issue 3 would give cities tools to recruit

Issue 3, a ballot measure legislators referred to voters for this November’s election, would give cities in Arkansas the same ability to form development districts that cities in surrounding states…

Electrical substation manufacturer locating in North Little Rock

CEP USA Inc., a manufacturer of prefabricated electrical substations, has located its first U.S. manufacturing facility in North Little Rock. The company is investing nearly $1 million in the facility…