by - January 13, 2021 1:03 pm
Arkansas banks see decline in profitability
In the third quarter of 2020, the average return on assets (ROA) for Arkansas banks was 1.07%, ranking the state’s lenders fifth among the seven states that make up the…
Business
by - January 13, 2021 10:26 am
Butterball investing $8.7 million in two Arkansas processing facilities
North Carolina-based turkey producer Butterball announced Wednesday (Jan. 13) an $8.7 million, three-year investment in two of the company’s processing facilities in Arkansas. The expansion includes a $4.7 million investment…
by - January 13, 2021 10:16 am
Southwest Power Pool seeks industry experts for independent panel
Little Rock-based regional transmission organization Southwest Power Pool Inc. (SPP) is accepting applications to create a pool of industry experts. These experts might be selected to serve on an independent…
by - January 13, 2021 10:13 am
Then & Now: Colebank begins new chapter in long career
Editor’s Note: The following story appeared in the Jan. 4 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - January 13, 2021 9:42 am
Arkansas technology provider acquires Michigan company
Little Rock-based Staley Technologies, a nationwide technology solutions provider, has acquired POSitive Solutions Group of Williamston, Mich. The acquisition was effective Dec. 31 and announced Wednesday (Jan. 13). Financial terms…
by - January 12, 2021 6:43 pm
Sebastian County posts record for new daily COVID-19 cases
Hospital capacity in Fort Smith is better than it was last week, but with 401 new COVID-19 cases reported in Sebastian County Tuesday (Jan. 12) the virus remains far from…
by - January 12, 2021 5:47 pm
Public school changes will be permanent, ‘radical ideas’ could come from legislation
The year 2020 was like none other in the history of Arkansas public education, and regardless of what happens with the COVID-19 pandemic, things will never get back to “normal.”…
by - January 12, 2021 5:01 pm
Soybean researchers exploring multiple disease defenses
The number of acres dedicated to soybeans — Arkansas’ top row crop — grew in 2020, and that number will probably remain the same or grow slightly, Arkansas Secretary of…
by - January 12, 2021 3:36 pm
Energy use fell in 2020 but expected to rise in 2021, 2022
U.S. energy consumption is expected to rise in 2021 and 2022 along with the GDP after falling in 2020, but the 2022 consumption level is projected to remain below the…
by - January 12, 2021 3:26 pm
Today’s Bank announces new chief executive; Larry Olson retires
Today’s Bank, the only bank in Arkansas that’s chartered in Huntsville (Madison County), announced Tuesday (Jan. 12) a new president and chief executive officer. David Scruggs was promoted to the…
by - January 12, 2021 3:11 pm
Tyson Foods to settle class-action price collusion lawsuit
Tyson Foods followed Pilgrim’s Pride in agreeing to settle a class-action price collusion lawsuit in the courts for the past four years. Tyson Foods said it reached an “agreement in…
by - January 12, 2021 3:03 pm
Vaccine schedule moved up for educators, older Arkansans; COVID deaths estimated to top 5,000
Gov. Asa Hutchinson on Tuesday (Jan. 12) said the state will accelerate vaccine availability for older Arkansans and those in education. The updated vaccine push comes as University of Arkansas…
by - January 12, 2021 2:23 pm
Springdale startup plans for 2021 growth with COO hire
EasyBins, an online grocery startup based in Springdale, hired its first chief operating officer in December. James E. Purnell has more than 15 years of experience in retail and operations….
by - January 12, 2021 12:02 pm
Arkansas Tourism Ticker: Gains seen but tourism industry still being hit hard
Arkansas’ travel and tourism industry is showing slight improvement but is not close to returning to the record-setting trends of 2019 that were continuing into early 2020 before the COVID-19…
by - January 12, 2021 12:02 pm
Gov. Hutchinson delivers final regular session State of the State speech
Gov. Asa Hutchinson opened his final regular session address Tuesday (Jan. 12) to the 93rd General Assembly at the State Capitol in Little Rock by decrying the domestic invasion of…
by - January 12, 2021 11:59 am
Walmart partners with Home Valet to test smart box for grocery delivery
Walmart announced Tuesday (Jan. 12) a new pilot with HomeValet for grocery customers in Bentonville. This spring the pilot will go live and consumers can log on and reserve their…
by - January 11, 2021 6:28 pm
Three multimillion-dollar deals top property sales
G & S Company LLC. made the most significant residential and commercial property transfer in Craighead County, from Nov. 15 through Dec. 15, according to the Craighead County Assessor’s office….
by - January 11, 2021 5:23 pm
COVID hospitalizations set another daily record
COVID-19 hospitalizations reported Monday set a new record, rising by 31 to 1,371, according to the Arkansas Department of Health (ADH). The department also reported that available ICU beds statewide…
by - January 11, 2021 5:06 pm
Greenwood partners with Scenic Hill Solar on two solar plants
The city of Greenwood will soon power all of its municipal buildings with renewable energy. The city is partnering with Little Rock-based Scenic Hill Solar to build two solar power…
by - January 11, 2021 4:58 pm
Walmart creates new financial services company with Ribbit Capital
Walmart has thrown its hat into the fintech – technology-focused financial services – ring with a startup in a partnership with Ribbit Capital. The Bentonville-based retail giant said Monday (Jan….