Business

Tyson Foods turns to ‘informed outsider’ as CEO

After serving about one year as company president and three years as a director, Dean Banks officially started as Tyson Foods CEO on Oct. 3. While he had no prior…

Manufacturing activity increased in October; PMI rises to 59.3%

Economic activity in the manufacturing sector rose at a faster rate in October as the overall economy grew for a sixth consecutive month, according to the Institute for Supply Management…

Consumer spending up in September; savings decline

The U.S. has been in a deep recession since February and was accelerated by the COVID-19 pandemic that began in March. Shutdowns devastated consumer spending, but there are signs of…

COVID-19 deaths rise by 39% in October, with total cases up more than 32%

October was another month of unfortunate COVID-19 spread in Arkansas, with total known cumulative cases rising more than 32% and deaths up 39% during the month. Hospitalizations, a metric Gov….

Rose Law Firm commemorates 200th anniversary with philanthropic effort

What’s the oldest business in Arkansas to do for its 200th anniversary? How about give away money as it enters a third century of operation. The Rose Law Firm, founded…

Audit: PBMs paying pharmacies differently; CVS Caremark says that’s normal business

An audit performed for the Arkansas Insurance Department of the state’s three dominant pharmacy benefit managers found different-sized pharmacies were paid different amounts for the same drugs last year, though…

Experts say election outcome to influence investment decisions

Americans will have decided who they want leading the nation and the policy directions they want the government to pursue for the next four years by Nov. 3. That decision…

Super Bowl champ tackles second career in Northwest Arkansas

Brett Goode is back in Northwest Arkansas, but he’s traded in a career filled with footballs for a second one filled with finance. The retired Super Bowl champion and former…

Walmart reverses decision to remove guns and ammo from shelves

Walmart did an about face Friday (Oct. 30) after the retail giant announced Thursday plans to remove guns and ammo from shelves amid civil unrests in certain parts of the…

COVID-19 cases rise in public schools, colleges and universities

New known COVID-19 cases reported Friday (Oct. 30) were up compared to Thursday, but below the 1,337 record set the previous Friday, according to the Arkansas Department of Health (ADH)….

UAMS, Sage Partners partnering on 185,000 SF surgery center in Northwest Arkansas

The University of Arkansas for Medical Sciences (UAMS) is a step closer to significantly increasing its footprint in Arkansas’ fastest-growing region. The University of Arkansas System Board of Trustees met…

NEA public health officials issue dire warnings if steps not taken to curtail virus spread

The number of COVID-19 hospitalizations in Northeast Arkansas has ballooned by 112% since the end of September and community leaders issued dire warnings Friday (Oct. 30) if the trend isn’t…

Northwest Arkansas insurance firm grows with first acquisition

G&G Independent Insurance, with offices in Fayetteville and Bentonville, has acquired Little Rock-based agency Arkansas Insurance Advisors (AIA). Financial terms of the deal were not disclosed. The two sides completed…

Quarterly income and revenue for USA Truck increase, beat estimates

Van Buren-based USA Truck on Thursday (Oct. 29) reported third quarter net income of $2.295 million, much better than the $1.373 million loss in the same quarter of 2019. Per…

The Supply Side: Store displays, layouts evolve during COVID

The consumer packaged goods retail operations and customer experience have taken some wild turns during the COVID-19 pandemic, prompting retailers to revise store layouts and institute new cleaning protocols. Many…

Arkansas Supreme Court rules half-cent sales tax can’t be used for six-lane highway project

An Arkansas Supreme Court ruling on Thursday (Oct. 29) declared that an existing half-cent sales tax for state highways could not be spent on a $1 billion widening project on…

WeWork Labs launches first Arkansas location

WeWork launched its first Arkansas location Thursday (Oct. 29) on the second floor of the historic Massey Building on West Central Avenue in downtown Bentonville. WeWork Labs is WeWork’s global…

Number of school districts in ‘red zones’ declines, COVID-19 deaths approach 1,900

New known COVID-19 cases rose by more than 1,000 and there were 19 more deaths in Arkansas attributed to the widespread virus, but Gov. Asa Hutchinson said a comparative decline…

64.6 Downtown’s third economic development summit to be held virtual

64.6 Downtown in partnership with the University of Arkansas at Fort Smith and the PEAK Innovation Center will host the Third Annual Invest Fort Smith during Global Entrepreneurship Week on…

Walton Family Foundation supports $33 million whitewater park planned near Siloam Springs

The city of Siloam Springs and Oklahoma-based utility Grand River Dam Authority broke ground Thursday (Oct. 29) on a 30-acre whitewater park on the Illinois River, and the Walton Family…

Oklahoma court ruling threatens poultry industry in Arkansas

GDP up 4.3% in the third quarter, consumer confidence declines

St. Bernards to expand Maternal Life360 HOME program into Greene County

Then and Now: Cooperative business model a good fit for Mitchell Johnson