Business

Turbulence In Jobs Report Leads To Uptick In Unemployment Rate

For the second straight month, Arkansas’ labor force declined but in July the employed dropouts outpaced the unemployed dropouts.

Wal-Mart, Indiana grower pull fruit after outbreak

An unidentified farm in southwestern Indiana is withdrawing cantaloupe from the marketplace following a salmonella outbreak that has sickened 141 people and killed two in 20 U.S. states, federal regulators…

Feedlots cut cattle purchases 10% as corn surges

U.S. feedlots bought 10% fewer young cattle in July as feed costs climbed after the most-severe drought in 56 years scorched grain crops. Feedlots bought 1.922 million head of cattle…

Weekend Digest: Who Has Been Hardest Hit In The Recession

For our weekend business readers: WHO HAS BEEN HARDEST HIT IN THE RECESSION? Forbes analyzes a new Georgetown University study of labor data related to the recession and lackluster recovery….

States get ‘flexibility’ in using federal highway money

Arkansas should receive just short of $7 million in “unobligated” funds authorized in federal legislation dating back to 2003. None of the money is designated for projects in Northwest Arkansas…

Rise in U.S. joblessness broad-based

The jobless rate climbed in 44 U.S. states in July, showing last month’s increase in unemployment was broad based. Alabama and Alaska registered the worst performance, with joblessness advancing by…

Arvest promotes Sudberry in branch position

Jamie Sudberry has been named the assistant branch manager for the Tower location in Fort Smith. She has been with Arvest for more than five years and previously served as…

Arkansas’ jobless rate rises in July

The estimated number of unemployed in Arkansas increased to 100,657 during July, up over the 99,274 during June, but well below the 111,368 during July 2011. July marks the 42nd…

NWACC facing budget challenges as school year begins

BENTONVILLE—When fall semester classes begin Monday at NorthWest Arkansas Community College, the only numbers most students will probably have on their mind are their grades and tuition. College officials will…

America’s Car-Mart off to the races

BENTONVILLE — Shares of America’s Car-Mart Inc. ran all cylinders ahead of Thursday’s earnings report released after the market close. The stock set a new 52-week high to close up…

Chaffee Crossing receives national development award

Fort Chaffee Redevelopment Authority (FCRA) Executive Director Ivy Owen revealed at a Thursday (Aug. 16) press conference that Chaffee Crossing is the winner of the 2012 Base Redevelopment Project of…

Southland Park Donates $300,000 For Sports Hall of Fame Conference Center

On Thursday, Southland Park Gaming and Racing at West Memphis has pledged $300,000 for the completion of the Jimmie Lou and Floyd Sagely Conference Center adjacent to the Arkansas Sports Hall of Fame Museum in the Verizon Arena at North Little Rock.

America’s Car-Mart Sees Net Income Slip Slightly On Car Prices

America's Car-Mart said its net income slipped slightly as the average retail price of a vehicle sold fell 2%. For the Bentonville-based used car chain's first quarter, revenues actually rose…

Building permits rise to four-year high as housing improves

American builders took out more residential construction permits in July than at any time in the past four years, a sign the market will continue to improve. Applications, a proxy…

Arvest Bank Springdale promotes Shook

Arvest Bank recently announced the promotion of Julie Shook to sales manager at Arvest Bank in Springdale. Shook, who has extensive banking and management experience, has been with Arvest Bank…

Wal-Mart on the right track, despite profit taking

A nervous Wall Street is busy taking Wal-Mart share profits this morning (Aug.16) as the retail giant narrowly beat estimates for its second quarter business operations. Shares are trading down…

Sears quarterly loss narrows as retailer trims expenses

Sears Holdings Corp., the retailer controlled by hedge fund manager Edward Lampert, reported a smaller second-quarter loss, helped by reduced inventory costs. The net loss narrowed to $132 million, or…

Wal-Mart profits improve, shares decline

Wal-Mart is winning back customers with everyday low prices and giving savvy investors plenty to smile about with share values up almost 25% this year. But in pre-market trading Thursday…

‘Momentum’ Carries Wal-Mart Q2 Revenue And Profits Higher

Wal-Mart officials are “pleased with the continued momentum” as the retail giant saw revenue and profits climbed higher in the second quarter.

Lawmakers: Wal-Mart probe explores money laundering

Wal-Mart Stores Inc. is coming under increasing pressure from U.S. lawmakers who say the company’s internal corruption investigation is widening beyond Mexico and may include new allegations of tax evasion…

Construction starts on 7th Highlands Oncology Center

Connections: UA engineer receives $550,000 career award

Nine Riceland facilities temporarily close

Tonnage up almost 11% on the Arkansas River through May