Business

Envirotech selects its first vehicle dealer in Arkansas

Arkansas’ only car manufacturer has selected its first dealer in the state. Envirotech announced Thursday (July 21) it has partnered with Jonesboro-based DaVinci Innovations (DVI) as its first dealer in…

Merger costs drop Home BancShares Q2 profits

It costs a lot to buy a big bank, and even if it’s a “Happy” acquisition, the move can take a toll. Home BancShares, parent company of Centennial Bank, reported…

Simmons First Q2 net income slides on merger-related expenses

Simmons First National Corp. reported second quarter net income of $27.5 million Thursday (July 21) compared to $74.9 million one year ago. Diluted earnings per share were 21 cents for…

Centerton couple develops new app that aids caregivers of medically complex kids

A Northwest Arkansas startup has launched a web application that helps parents and caregivers simplify, organize and share their child’s medical and care information. The app is called mejo, a registered…

Arvest Bank partners with Google Cloud for IT overhaul

Arvest Bank is working with Google’s cloud computing division to overhaul its current IT architecture and systems, including migrating its data centers to Google Cloud. In a news release Thursday…

Little Rock-based Roadway Management Technologies receives national award

Roadway Management Technologies (RMT), headquartered in Little Rock, is the recipient of the 2022 Top Tech award given by the American Public Works Association. RMT has been awarded this distinction…

Craighead County among top counties for new COVID-19 infections

COVID-19 cases are on the rise in Arkansas and Craighead County in Northeast Arkansas is among the top for new cases in the state. The Arkansas Department of Health reported…

Apartment complex, Movietown are top Sebastian County property deals in June

The sale of an apartment complex in the southwest corner of Grand Avenue and Interstate 540 was the largest Sebastian County property deal in June and, at $9 million, the…

Staffing, cost issues make for uncertain prognosis for Arkansas health care providers

The COVID-19 pandemic has put extreme stress on our health care workforce, resulting in burnout, exhaustion and trauma, and leading many workers to exit the industry. Critical staffing shortages during…

McReynolds, Morris join Arkansas Research Alliance Board

ArcBest Chairman, President and CEO Judy McReynolds and Jason Morris, senior vice president of Walmart Enterprise Business Solutions, have joined the Arkansas Research Alliance Board of Trustees. “We’re proud and…

Fayetteville firm SupplyPike receives $25 million in series B capital

Fayetteville-based startup SupplyPike has raised $25 million in series B capital to support its growth. The supply chain technology company will primarily use the money to add high-tech workers. Over…

Democrat Chris Jones lays out plan to raise teacher pay to $50,000

Against the backdrop of historic Central High School in Little Rock, Democratic gubernatorial nominee Chris Jones outlined Tuesday (July 19) a plan to raise teacher and staff pay in public…

Sultana Disaster Museum receives $1 million federal grant; Southwest Trail gets $2 million

For years, an effort has been underway to build a museum to commemorate the sinking of the Sultana, a Civil War steamboat that sank April 27, 1865, in the choppy…

Baptist Health-Fort Smith reopened COVID unit, recent case numbers declining

Recent Increased numbers of positive COVID-19 cases in the Fort Smith area led to the reopening of a COVID unit at at least one area hospital, but numbers are already…

J.B. Hunt earnings, revenue rise in second quarter

Lowell-based carrier J.B. Hunt Transport Services Inc. exceeded analyst expectations in the second quarter as earnings jumped by 48.3% and revenue rose by 31.9%. All segments contributed to the revenue…

To keep up with growth, Mercy to invest $500M in Northwest Arkansas

St. Louis-based health system Mercy will invest $500 million in the second phase of its healthcare expansion in Northwest Arkansas. According to a news release Tuesday (July 19), phase two’s…

Insiders reflect on Walmart turning 60

When 44-year-old Sam Walton opened the first Walmart in July 1962, the economy was recovering from a recession. Unemployment was high, as were taxes. But that did not stop the…

Arkansas cattle producers facing ‘disaster’ as record drought conditions worsen

Drought conditions in Arkansas continue to worsen and it’s starting to have an impact on the state’s largest economic sector, agriculture. The impacts to row crops won’t be known for…

Fort Smith School Board adopts Peak contact policy, sets lunch prices

The Fort Smith Public School board of education passed a resolution at its regular meeting Monday (July 18) to limit staff interaction with a construction company involved with the district’s…