Business

Delta Visual Arts Show enters new phase in 2019

Psychologist Sheri Simon decided she needed to carry on with a family tradition. Her mother and grandmother had both been painters and she wanted to be one, too. When she…

Arvest Bank hits $1 billion mortgage mark for 17th straight year

Arvest Bank announced Tuesday (July 9) that its mortgage division has originated more than $1 billion in mortgage loans for the 17th year in a row. That includes both purchase-money…

Arkansas Farm Bureau President Randy Veach will not seek new term

Randy Veach, who has led the Arkansas Farm Bureau as its president for the last 11 years, will not seek another term. Veach plans to bring his tenure to a…

Mosaic Templars Cultural Center gets $300,000 grant, chairman for capital campaign

The Mosaic Templars Cultural Center received a $300,000 grant from Union Pacific on Monday (July 8), which increased its capital campaign coffers too $796,000. “Vibrant spaces that celebrate cultural diversity…

Gov. Hutchinson, Union Pacific CEO talk trains, trade and technology

Gov. Asa Hutchinson and Union Pacific Chairman and CEO Lance Fritz told a luncheon crowd in Little Rock on Monday (July 8) that open trade is central to the continued…

Acansa Dining Hall gets an overhaul at ASU

French explorer Sieur de La Salle was busy connecting with the Native American Indians and mapping a region of the Mississippi River in 1682. His goal was to explore a…

Former Sen. Hutchinson pleads guilty to bribery in Missouri federal court

As expected, former Arkansas state Sen. Jeremy Hutchinson of Little Rock pleaded guilty Monday (July 8) for his role in a multimillion-dollar public corruption scheme that involved embezzlement, bribes and…

Fort Smith metro building permit values down almost 21% in the first half of 2019

Building permit values in Fort Smith, Greenwood and Van Buren jumped significantly during June, but totals for the first six months of the year fell short of 2018 and 2017…

Walmart heirs continue to downsize company holdings

Heirs of the Walmart fortune continue to downsize their individual holdings in the company founded by their parents Helen and Sam Walton. Within one family trust, siblings Alice, Jim and…

Crude oil production exceeded 12 million barrels per day in April

U.S. crude oil production and lease condensate rose to 12.2 million barrels per day in April, according to the U.S. Energy Information Administration (EIA). This was the first time that…

Washington Regional Medical Foundation’s Gala will honor 3 with Eagle Award

One of the region’s longest standing philanthropic events will honor three healthcare officials Saturday (July 13) at the Walton Arts Center in Fayetteville. Drs. Scott Bailey, J. Thaddeus Beck and…

St. Louis Fed economist says housing marking swoon foreshadows possible recession

A top Federal Reserve economist for the Eighth District that includes Arkansas said in a recent research note several historically reliable housing indicators pointed to a possible recession in late…

The Supply Side: Post-Toys R Us era, toy category quickly moving online

Toys are one of the latest retail categories to quickly move online in the post-Toys R Us era. Toys R Us exited the market following its January 2018 bankruptcy and…

Fayetteville CVB announces new employees, promotion

Experience Fayetteville, the convention and visitors bureau for the city of Fayetteville, has hired two new employees and promoted a third. Hazel Hernandez, formerly director of marketing and communications, has…

Walmart to reduce pharmacy staff by 3%

Walmart continues to scale back its payroll with another round of layoffs. This time the axe fell on the retail giant’s health and wellness division. Walmart spokeswoman Marilee McInnis told…

Walmart, Amazon among top 10 drone patent filers

Bentonville-based retailer Walmart has filed more drone patents than e-commerce giant Amazon for the second consecutive year as Amazon plans to start “within months” to deliver products via drone to…

Jetton’s Andrew Berner and the ‘Wild, Wild West’ of Northeast Arkansas

Andrew Berner is the president of Jetton General Contracting, a Paragould-based contractor specializing in complex and fast-paced construction projects. The 42-year old company started as an electrical contractor under the…

Shopping center sale tops biggest deals in past month

Scarco Development LLC of Jonesboro, made the most significant residential and commercial property transfer in Craighead County between May 15 and June 15, according to the Craighead County Assessor’s Office….

Weeds, pests set to siege NEA farmers as floodwaters recede

Farmers in Arkansas are facing some of the worst conditions experienced in the sector in decades and new ones could emerge even as the floodwaters that have besieged many producers…

UAMS receives $24 million federal grant with focus on health of rural Arkansas

The Translational Research Institute at the University of Arkansas for Medical Sciences has received a five-year, $24.2 million National Institutes of Health grant, UAMS Chancellor Dr. Cam Patterson announced Wednesday…