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by Roby Brock -

LM Windpower Cuts 234 Jobs In Little Rock

Citing uncertainty over a tax credit provision and a slowdown in production, Danish wind turbine maker LM Windpower said it would lay off more than two-thirds of its Little Rock workforce.

by Roby Brock -

Southwestern Energy CEO Says Extreme Heat In Arkansas Hurting Production

Natural gas driller Southwestern Energy recorded a $488.1 million second quarter loss, but company officials said it was largely due to a non-cash charge on properties whose value declined from lower natural gas prices. Also, the CEO of the largest driller in Arkansas’ Fayetteville Shale play said triple-digit temperatures were negatively impacting production.

by The City Wire staff -

GM second-quarter profit falls 38%

General Motors Co., struggling to turn around its money-losing Opel unit, said second-quarter profit slid 38 percent as losses widened in Europe where the auto market is heading toward its…

by The City Wire staff -

Arkansas tax revenues up in July

Arkansas’ first month of tax revenue in the new fiscal year was a net positive. The state Department of Finance and Administration’s monthly revenue report for July showed net available…

by The City Wire staff -

Cover-Bryan to head Butterfield foundation

The Foundation of Butterfield Trail Village, Northwest Arkansas’ only LifeCare retirement community, recently appointed Maureen Cover-Bryan as the Foundation’s new executive director. Cover-Bryan will oversee operations of the Butterfield Trail Village Foundation….