Business

Wal-Mart, Target seek expansion in Canada

BLOOMBERG — Target Corp. and Wal-Mart Stores Inc. plan to hire tens of thousands of workers in Canada over the next two years, increasing pressure on domestic retailers from Sears…

The Fresh Market opens in Rogers July 25

ROGERS – The Fresh Market, Inc. is opening its second store in Arkansas. The new location, at the Pinnacle Hills Promenade, opens July 25. The Rogers store will house…

Internet manager keeps U.S. contract

BLOOMBERG — The U.S. Commerce Department awarded a new contract to the nonprofit managing the Internet’s address system four months after saying the group hadn’t met revised requirements that include…

IMF Lowers U.S. GDP Forecast to 2%

BLOOMBERG — The U.S. economy will grow by 2% this year and about 2.25 percent in 2013 amid a “tepid” recovery and the European debt crisis, the International Monetary Fund…

Cabela’s to open Rogers store on Aug. 30

Cabela’s will officially open the doors to its Rogers store – its first retail location in Arkansas – at 9 a.m., Aug. 30. A ribbon-cutting ceremony hosted by Cabela’s executives…

State ends fiscal year with $145.6 million surplus

Arkansas ends its fiscal year with a $145.6 million surplus from gross revenues totaling $5.924 billion, or 4.4% higher than fiscal year 2011 and 2.2% above forecast. June also marked…

Arkansas Gets $10 Million For Public Health Threats

The U.S. Department of Health and Human Services has awarded Arkansas $10.2 million to improve preparedness for a wide range of public health threats.

State Ends Year With $145 Million Budget Surplus

Boosted by a record-strong June month of tax collections, Arkansas state government ended its fiscal year on June 30 with a $145.6 million budget surplus.

Wal-Mart Turns 50, But Not Everyone Celebrating

Kim Souza with our content partner, The City Wire, examines Bentonville-based Wal-Mart’s supporters and detractors on the occasion of its 50th anniversary of doing business.

Herraka and Wood join Sparks Health System

Herraka will begin seeing patients July 9 at Sparks Gastroenterology Center on the second floor of the Ambulatory Surgery Center at 1001 Towson Ave. in Fort Smith. In addition to…

Not everyone celebrating Wal-Mart’s 50th anniversary

Wal-Mart has come a long way since Sam Walton opened store No.1 in Rogers exactly 50 years ago Monday (July 2). No one dreamed at the time the venture would…

U.S. manufacturing contracted in June

BLOOMBERG — Manufacturing in the U.S. unexpectedly shrank in June for the first time since the economy emerged from the recession three years ago, indicating a mainstay of the expansion…

Arkansas Medicaid program captures $7.65 million in agreement

Arkansas’ Medicaid program will receive $7.65 million in an agreement with drug maker GlaxoSmithKline, according to a statement released Monday (July 2) by Attorney General Dustin McDaniel. Several states and…

Vanguard deal includes properties in the Arkoma Basin

Houston-based Vanguard Natural Resources announced Monday (July 2) that it has closed on the $434.4 million deal to acquire natural gas and liquids reserves and operations from Denver-based Antero Resources….

Poultry Federation names 2012-2013 leadership

The Poultry Federation of Arkansas, Missouri, and Oklahoma, announces its Board of Directors and officers for the 2012-2013 year. Serving as chairman of the board is Kevin McDaniel, vice president…

Beebe talks about trade trip to France

Gov. Mike Beebe’s week-long trade mission to France should result in expansions of existing French firms doing business in Arkansas and could result in research collaborations for food safety and…

Economic Officials Expect French Trip To Result In Expansions, Research Boost

Pulaski Tech Hires Ellibee As Next President

The Pulaski Technical College Board of Trustees has selected Dr. Margaret A. Ellibee to serve as its next college president.

Weekend Digest: Apple Takes A Bigger Bite And LinkedIn’s Little Black Book

A round-up of national and international stories for our weekend business readers.

Scott Ford Named To AT&T Board

AT&T Inc. has appointed former Alltel CEO Scott Ford to its board of directors. Ford is a partner with Westrock Capital Partners, LLC and Westrock Coffee Holdings, LLC and is…