Business

Simmons First sees Q1 net income slide

Pine Bluff-based Simmons First National Corp. reported Tuesday (April 25) net income of $45.6 million for the first quarter of 2023 compared to $65.1 million in the first quarter of…

Peak Center flood prevention work, new parking estimated to cost almost $4 million

A drainage project discussed in the fall to control flooding at Fort Smith Public Schools Peak Innovation Center has doubled and doesn’t address a second flooding problem that occurred last…

AG rejects first try of anti-LEARNS referendum

Attorney General Tim Griffin’s office has rejected a proposed ballot referendum by a group hoping to overturn the LEARNS Act that was passed by legislators and signed by Gov. Sarah…

Cypress Cold Storage building Springdale warehouse, adding 50 jobs

Cypress Cold Storage, a provider of temperature-controlled warehouse space and value-added services for the food sector, broke ground Monday (April 24) on a new 207,285 sq. ft. cold storage facility…

Johnny Cash sculptor Kevin Kresse describes statue inspiration

Artist Kevin Kresse had two bold ambitions. When he found out that Arkansas was going to replace its statues with the National Statuary Hall Collection in the U.S. Capitol with…

Greene Co. extension office breaks ground

Ground has been broken on the new Greene County Extension office in Paragould. “Greene County, for the extension office, for 4-H, for Master Gardeners, for our farming community and so…

Clean energy helps strengthen Arkansas’ economy

Arkansas must continue to foster a positive business environment that encourages economic development in order to create new jobs and support stronger, more resilient communities. We can achieve this by…

Structurlam files for bankruptcy with plans to sell company; owes Walmart $34M

Structurlam Mass Timber Corp., a Canadian mass timber manufacturer with holdings in Arkansas, announced Monday (April 24) plans to sell the company and file for Chapter 11 bankruptcy. According to…

UA System Board rejects resolution to acquire University of Phoenix (Updated)

Editor’s note: This story has been updated with changes and additions throughout. A vote held Monday (April 24) that one University of Arkansas System Board Trustee said was nothing more…

A text message helped turn the Arkansas Museum of Fine Arts into a masterpiece

A text message received by Warren and Harriet Stephens during the week of Thanksgiving 2017 changed the scope of the major renovation of the Arkansas Museum of Fine Arts, formerly…

First Security’s Jim Taylor new chair of Arkansas Bankers Association

The Arkansas Bankers Association recently announced their new slate of officers for 2023-2024 at the 133rd ABA annual convention. New officers include: Chairman: Jim Taylor, First Security Bancorp, Rogers Chairman-Elect:…

Then & Now: Clark’s career comes full circle through acquisition

Editor’s Note: The following story appeared in the April 10 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…

Medicaid recipients to begin losing coverage after April 30

Ineligible Arkansas Medicaid beneficiaries will lose coverage for the first time in three years after April 30 as Arkansas exits the COVID-19 public health emergency. The Department of Human Services…

AG files motions on apartment complex owners, gas company

Arkansas Attorney General Tim Griffin filed two motions on Friday (April 21) in cases involving a troubled apartment complex and a natural gas utility. Griffin filed a contempt of court…

Cybersecurity leadership can’t be delegated

Cybercrime is on the rise and bad actors are always looking for new targets. Your organization needs leadership who appreciates this new business risk and who understands that you are…

Cox Communications asking for electronics to recycle

Cox Communications is encouraging residents to visit local Arkansas Cox retail stores to recycle small electronic items for free from now through May 5. Items eligible for the e-waste drive…

Walmart to sell plus-size apparel brand Eloquii to FullBeauty Brands

Walmart is selling its third e-tailer brand this year. The Bentonville-based retail giant is selling the online plus-size apparel brand Eloquii to FullBeauty Brands for an undisclosed figure. Walmart continues…

FCRA approves $1.6 million deal for new warehouse construction

More industrial warehouse space and residential living areas are coming to Chaffee Crossing. The Fort Chaffee Redevelopment Authority (FCRA) on Thursday (April 20) approved the sale of 29 acres located…

Arkansas’ jobless rate reaches record low of 3% in March

A more than 5% decline in the number of unemployed helped push Arkansas’ jobless rate to a new record low of 3% in March, and better than the 3.1% in…

Plant-based chef showcased at Arkansas Children’s Northwest

Little Rock chef Alicia Watson, owner of Vito and Vera, hosted and participated in multiple Northwest Arkansas events as the culinary wellness company starts offering its plant-based meals at Arkansas…

UA Little Rock receives another $5 million for online influence research

Arkansas Insurance Hall of Fame to induct seven

Arkansas TV announces local lineup

911 vendor for Fort Smith, county allegedly breaches contract