Business

Arkansas medical marijuana sales down 4% through June

Arkansas’ medical marijuana sales totaled $135.5 million in the first half of 2024, down from the $141 million in the same period of 2023, a year with record sales of…

Scenic Hill Solar completes 1.2-megawatt array with new modules

Little Rock-based solar power developer Scenic Hill Solar started operating a 1.2-megawatt DC solar array on 13 acres in Stuttgart, according to a Wednesday (July 24) news release. Citing client privacy,…

Bass Reeves portrait to be on display in the Arkansas Capitol

Artists will soon be solicited to paint a portrait of Deputy U.S. Marshal Bass Reeves for display in the Arkansas Capitol building. Reeves will be the first African-American and first…

Second quarter net income, revenue decline for Simmons First

Simmons First National Corp. on Wednesday (July 24) posted adjusted second quarter net income of $41.9 million, down 32% compared with the $61.4 million in the same period of 2023….

Stephens sponsors F1 Circuit Racing art exhibit at AMFA

The Arkansas Museum of Fine Arts (AMFA) announced Wednesday (July 24) a new art exhibit called Beyond the F1 Circuit: Artistry and Speed with Williams Racing on view from September…

CARTI expands Conway presence with new treatment location

CARTI announced it is expanding its footprint with a second treatment location in Faulkner County. The CARTI Clinic in Conway, overseen by Taylor Moore, M.D., a board-certified urologist, and Christie…

Eells named head of UA Little Rock Windgate Education school

Dr. Rachel Eells has been named the inaugural Windgate Foundation Endowed Director of the School of Education at the University of Arkansas at Little Rock. “I am so pleased to…

Department of Agriculture warns of invasive plant species spreading in state

The Arkansas Department of Agriculture has issued a public service announcement to raise awareness about the presence and potential threats posed by invasive plant species recently identified in Arkansas. The…

Chris Wewers joins Citizens Bank as CFO

Citizens Bank announced Tuesday (July 23) the hiring of longtime banking and investment professional Chris Wewers as its new CFO. “In his new role, Chris brings extensive expertise and insight…

AQ Chicken House partners plan to open new store in 2025

Developers for the new AQ Chicken House in Springdale have submitted plans to the city for design and development review. The well-known restaurant closed March 18, 2023, but a Springdale family…

Losses continue for electric vehicle maker Canoo, stock sale announced

It’s a mystery as to how much longer Canoo – the electric vehicle maker that once planned to be based in Bentonville – can remain a going concern. The company…

Amazon Prime Day sales rise 11% to $14.2 billion

Consumers showed up big for Amazon’s annual Prime Day sales event spending 11% more this year thanks in part to deeper discounted prices, according to Adobe Analytics. Sales for the…

O.K. Industries settles antitrust case on price collusion

Fort Smith-based O.K. Industries, a subsidiary of Mexico-based Industrias Bachoco, has settled its part of a federal class action suit in the Northern District of Illinois over allegations of driving…

Harding University offers veterans 20% discount on select graduate studies

Searcy-based Harding University announced Tuesday (July 23) a 20% discount for veterans for two of its online continuing education programs. The college said it’s master’s degree in organizational leadership and…

Taber Extrusions to invest $60 million in Russellville expansion

Arkansas economic officials announced a $60 million, 70-job expansion in Russellville on Tuesday (July 23) while in London. Taber Extrusions is expanding its facility in Russellville facility introducing the largest…

Dark Horse Cannabis opening corporate headquarters in Rogers

Dark Horse Cannabis is moving its corporate headquarters to an office in Parkway Tower in Rogers. The move, effective Aug. 1, is designed to be a more centrally located site…

7-story Hilton hotel with up to 230 rooms planned for Dickson St. in Fayetteville

According to a Monday (July 22) news release, a dual-branded Hilton hotel with up to 230 rooms will be built at the northwest corner of Dickson Street and West Avenue…

Shell overcomes personal, business river challenges

The Arkansas River runs in one direction through the Fort Smith metro but has created circles in the life of Five Rivers Distribution President Marty Shell, who manages a port…

The Supply Side: Back-to-school shopping comes earlier

As soon as the July 4 holiday ends, families often switch their spending intentions toward back-to-school. A recent survey by JLL found parents plan to spend 21.8% more on back-to-school…

CBID shifts efforts on downtown Fort Smith projects

Commissioners with the Fort Smith Central Business Improvement District (CBID) are rethinking projects to fund to improve downtown. Part of the plan shift could include lighting under the Garrison Avenue…