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by The City Wire staff -

Arkansas’ December jobless rate dips

An estimated unemployment decline of 3,200 and an estimated employment increase of almost 6,300 resulted in lowering Arkansas’ December jobless rate to 7.7% compared to 7.9% during November. The December…

by Roby Brock -

TBQ: Jack Shewmaker – Father of Everyday Low Prices

Walmart executive Jack Shewmaker left a legacy with the retail giant that CEO Mike Duke says still shapes its profits and culture today. It would have never happened if Shewmaker didn’t give the legendary Sam Walton a second chance.

by The City Wire staff -

UAMS launches Nanomedicine Center

The University of Arkansas for Medical Sciences (UAMS) said it would work with statewide collaborators to create the Arkansas Nanomedicine Center (ANC) in the school’s College of Medicine. Nanomedicine, an…

by Roby Brock -

Treasury Asks Banks To Submit TARP Repayment Plans

Seven banks in Arkansas are still on the hook to the Treasury Department for more than $93 million they took as part of a government initiative in early 2009 known as the Troubled Asset Relief Program, or TARP.

by The City Wire staff -

NWA home prices slide in 2011

Northwest Arkansas home values tumbled in 2011 as foreclosures and short sale transactions kept a lid on median sales prices from Fayetteville to Bella Vista, according to MountData’s annual report….

by Roby Brock -

Home Bancshares Profits Triple in 2011

Home BancShares, parent company of Centennial Bank, reported net income for the year ended December 31, 2011 of $54.7 million compared to $17.6 million one year ago.