Business

Wal-Mart studies HEB for lesson in ‘fresh’

Wal-Mart can do grocery home delivery as good as any retailer given its successful model used by ASDA in the United Kingdom, but it’s looking closely at Texas-based HEB for…

NWA jobless rate drops to 5.4% in August

After an uncharacteristic two months of jobless rate increases, the Northwest Arkansas jobless rate fell to 5.4% in August thanks to a decline of more than 1,200 in the number…

Fort Smith area jobless rate falls to 7.2% in August

The Fort Smith metro jobless rate fell to 7.2% in August thanks to a 4.67% dip in the number of unemployed that offset a slight decline in the number of…

Business leaders: D.C. actions ‘put things on hold’

The latest Talk Business roundtable included three state business leaders who discussed the federal government shutdown, workforce challenges, health care reform, and current economic conditions. Randy Zook, CEO of the…

Talk Business Roundtable: Economy On Hold, But Ready To Go

State business leaders say that despite uncertainty and policy dysfunction in Washington, the economy is poised to take off.

Fayetteville to create energy improvement district

Last week the Fayetteville City Council unanimously enacted an ordinance that will create the first energy improvement district as part of the Property Assessed Clean Energy (PACE) financing program (Act…

Midnight Session Wraps Up Teacher Insurance Special Session

Arkansas lawmakers wrapped up a three-day special legislative session that lasted less than 36 hours. State Sen. Johnny Key and Rep. Joe Jett discuss the outcomes.

Weekend Digest: The ‘You Should Be A Star’ Edition

For our weekend business and political readers: YOUTUBE AGENT FOR ONLINE STARS Meet 38-year-old Brent Weinstein. Forbes reports that Weinstein has a front row seat to the revolution currently underway in…

Reports On All-clear For Walmart India Are Premature

Several news organizations, including the Wall Street Journal recently reported that Wal-Mart received a clean record from the foreign investment investigation, sourced from officials close to the issue. But it…

Wal-Mart eyes Pea Ridge for new store

Wal-Mart Stores plans to build a Neighborhood Market in Pea Ridge pending the approval of the large scale commercial development early next month. A permit for the 41,000 square-foot hybrid…

Tyson shares tumble on Costco recall

Shares of Tyson Foods tumble nearly 5% on Friday (Oct. 18) after retail giant Costco expanded a recall of some chicken products sold under the private label brand Kirkland Farms…

Reports on all-clear for Walmart India are premature

Several news organization, including the Wall Street Journal recently reported that Wal-Mart received a clean record from the foreign investment investigation, sourced from officials close to the issue. But it…

Wal-Mart Cleared In FDI Probe In India

The probe by India’s finance ministry that alleged Wal-Mart violated stringent foreign investment protocol has cleared the retailer, according to multiple reports out of India early Thursday morning (Oct. 17)….

Special Session On Teacher Insurance Fix Starts

Arkansas lawmakers are working on a quick fix to an insurance deficit in the public school employees insurance fund.

Law passes regarding sleep apnea tests for truckers

While Congress doesn’t seem to agree on much these days, helping trucking firms keep highways safer did strike a harmonious chord during the recent government shutdown. H.R. 3095 — involving…

Earnings up for Home Bancshares, Simmons First

Two expanding Arkansas-based banks reported positive earnings in the third quarter, with Conway-based Home Bancshares posting its 10th consecutive quarter of record increases. For two-and-a-half years, it’s been the same…

Hospitality tax revenue down in Fort Smith, Van Buren

The 2012 rebound in the Fort Smith metro business travel and tourism has not continued into 2013, with year-to-date collections down in Fort Smith and Van Buren. August collections in…

Wal-Mart cleared in FDI probe in India

Beebe Appoints Frank Scott To Highway Commission

Arkansas Gov. Mike Beebe (D) named Frank Scott, Jr., of Little Rock to the Arkansas Highway Commission. The appointment expires January 14, 2017. He replaces John Burkhalter, who resigned from…

Home Bancshares Posts 10th Consecutive Record Quarter

For two-and-a-half years, it’s been the same song, different verse. Home Bancshares, Inc., parent company of Centennial Bank, announced record third quarter profits of $18.36 million in its third quarter…