Business

Walmart to hold annual wellness fair

Walmart plans to hold its annual wellness fair at more than 4,500 U.S. stores this weekend. This is the fifth year Walmart is holding the event and it will take…

Sultana disaster conference set for Saturday

The worst maritime disaster in U.S. history will be commemorated at a conference in Marion on Saturday (April 27). A myriad of experts will speak during the Sultana Disaster Conference…

Capital Bank receives approval to change name to Encore Bank

Little Rock-based Capital Bank has been approved by the Arkansas State Bank Department to change its name to Encore Bank. Intention for the bank’s rebranding was disclosed when new leadership…

Walmart does end-around Tyson for direct beef supply chain

Walmart announced Wednesday (April 24) its own entry into the beef industry. The retail giant said it is developing an end-to-end supply chain for Angus beef working directly with ranchers…

Tyson Foods divests interest in alternative protein company Beyond Meats

Meat giant Tyson Foods has sold its stake in California-based alternative protein company Beyond Meat, just ahead of the startup’s public stock offering. That’s according to filings with the U.S….

Walmart’s top five executives earned $68.73 million last year

The top five executives at Walmart are paid handsomely for their services, raking in a combined $68.73 million last year. Total income for the top five earners rose 6.19% from…

Danville-based Chambers Bank strikes deal to buy River Town Bank

Danville-based Chambers Bancshares Inc., holding company for Chambers Bank, has reached a deal to acquire nearby Bank of Dardanelle Bankshares Inc., the parent company of River Town Bank. The acquisition…

Arkansas receives $55 million in tobacco settlement funds

Arkansas Attorney General Leslie Rutledge announced that the state has received its 2019 share of proceeds from the 1998 Master Settlement Agreement (MSA) with tobacco companies. This year, Arkansas will…

Denso to invest $1.6 billion to support electric cars, self-driving technologies

Japanese auto giant Denso Corp., which operates a state-of-the-art HVAC manufacturing facility in Osceola, has announced plans to invest nearly $1.6 billion over the next three years to support its…

GoFundMe campaign launched for U.S. Marshals Museum

A GoFundMe campaign to raise $2 million has been established to pay for production of “guest experiences” at the U.S. Marshals Museum and help close the gap on $15.3 million…

UAMS celebrates 20 years of Schmieding Center in Springdale

The University of Arkansas for Medical Sciences (UAMS) honored the legacy of Lawrence Schmieding on Tuesday (April 23) and the 20th anniversary of the UAMS Schmieding Center for Senior Health…

Survey: Consumers shop stores and online, with expectations high for delivery, discounts

Retail 3.0 is driven by consumers who demand top-notch shopping experiences in stores and online. A recent survey and report from advertising tech company Criteo compared shopper attitudes among more…

Reserve ratio in Arkansas is fourth in Eighth District

In the fourth quarter of 2018, Arkansas banks collectively had a loan loss reserve ratio of 1%. That’s down from a ratio of 1.23% in the fourth quarter of 2017….

Murphy Oil bulks up Gulf of Mexico operations with $1.4 billion deal

Murphy Oil Corp. on Tuesday (April 23) announced that it is broadening its North American energy portfolio with a key $1.4 billion deepwater acquisition in the Gulf Mexico only weeks…

Walmart executive appointed chairman of Northwest Arkansas Technology Council

Bill Groves, chief data and analytics officer for Walmart, has been named chairman of the Northwest Arkansas Technology Council. The Greater Bentonville Area Chamber of Commerce, which manages the Northwest…

Warner Gaming, Hard Rock to make casino proposal for Pope County

Warner Gaming, a hospitality and entertainment company operating resort properties throughout the western and midwestern United States, will team with the Hard Rock brand to propose a new fully-integrated resort…

CZ-USA to locate $90 million facility, 565 jobs in Little Rock Port

Cold beer, good food, and bike trails may have sealed the deal for Arkansas’ newest foreign investment. On Tuesday (April 23), Gov. Asa Hutchinson and local economic leaders announced in…

Crittenden County bank changes name, prepares for full-service Jonesboro branch

Marion-based First Community Bank of Eastern Arkansas is changing its name and broadening its market. Effective April 1, the bank became Premier Bank of Arkansas, and expects, pending approval of…

Black River Technical College hires new president

A Randolph County native has been selected as the new president at Black River Technical College, according to the school. Dr. Martin Eggensperger, vice chancellor for academic affairs at Arkansas…

Arkansas Women’s Hall of Fame announces 5th annual inductees

The Arkansas Women’s Hall of Fame (AWHOF) has released its fifth annual class of inductees — seven women and one organization that have made significant contributions to the state and…