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by Talk Business -

Hawker Beechcraft Announces Layoffs

Wichita, Kansas-based Hawker Beechcraft’s CEO Bill Boisture announced pending job cuts that will affect the company’s Little Rock operations, although details are not fully known at this time.

by The City Wire staff -

Whirlpool transition meeting scheduled

Whirlpool and state and local officials are set to meet Friday (Nov. 4) afternoon to discuss the transition process for property and personnel. Benton Harbor, Mich.-based Whirlpool announced Oct. 27…

by The City Wire staff -

Harps to close a Fort Smith store

Springdale-based Harps Food Stores announced Wednesday it will close its store at 1617 Zero Street in Fort Smith, according to this report from KFSM 5 News. “Fort Smith will continue…

by The City Wire staff -

Arkansas tax revenue up 3.3% year-to-date

Despite “weak” retail sales the gross year-to-date tax collections in Arkansas total $1.842 billion, up 3.3% compared to the 2010 period, according to an Arkansas Department of Finance & Administration…

by Talk Business -

State’s Chief Economist Says 2011 ‘the Lost Year’

Calling 2011 "the lost year," the state’s chief economic forecaster, Dr. Michael Pakko, said he doesn’t expect Arkansas to net any new jobs for the year and he was cautious that other sectors of the economy would fully rebound in 2013.

by Talk Business -

Murphy Oil Quarterly Income Doubles

Higher crude oil prices and gains at its U.S. fuel stations helped El Dorado-based Murphy Oil Corp. post third quarter net income of $406.1 million, more than double the $202.8 million in the same quarter of 2010.