Business

Fayetteville’s Old Post Office building sold for $2.28 million

The building at the center of Fayetteville’s downtown square has a new owner. According to Washington County property records filed Monday (July 2), Arnold Holdings LLC paid $2.28 million for…

UA researchers find way to identify radiation-resistant cancer cells

Researchers at the University of Arkansas have found a way to identify radiation-resistant cancer cells, and until now, there’s not been a way to determine immediately after starting radiation therapy…

Digital solution looks to reduce global logistics costs, issue was created to improve margins

The lack of capacity in the transportation sector is having a ripple effect across the entire supply chain as it works to keep everything going and costs rise worldwide, said…

Fossil fuel consumption falls for third consecutive year

The fossil fuel share of total U.S. energy consumption decreased to just more than 80% in 2017, the lowest share since 1902 and the third consecutive year fossil fuel consumption…

Fayetteville office park planned for Vantage Drive

Class A office space is lacking in the north Fayetteville submarket, and one local developer sees an opening to meet the demand. A limited liability company controlled by Fayetteville contractor…

Construction boom continues even though labor shortages are a problem

Relatively low interests rates and a booming economy have led to record-setting construction across Arkansas and especially in the state’s northeast corner. Jonesboro, the region’s hub city, is on pace…

Future School of Fort Smith founder steps away from superintendent role to launch new foundation

Future School of Fort Smith founder Trish Flanagan has launched the Think Future Foundation. The new organization’s stated purpose is to “grow Future School’s early success at bringing new learning…

Region’s oldest shopping center signs deal with new leasing agent

Colliers International Arkansas, the state’s largest commercial real estate and property management firm, is the new property manager for the Evelyn Hills Shopping Center at 1530 N. College Ave. in…

Commission adopts plan to hire consultant to review, score applications for medical pot retail licenses

The state Medical Marijuana Commission (AMMC) on Monday (July 2) approved a non-binding proposal to explore plans to hire an independent consultant to review and score over 200 dispensary applications…

Feral Hog Eradication Task Force launches reporting system, outreach campaign

An anonymous reporting system has also been established to help measure feral hog removal efforts taking place in Arkansas and to help better estimate the state’s feral hog population, according…

Fort Smith metro building activity up more than 15% through June

Regional building activity for Fort Smith, Van Buren, and Greenwood enjoyed a modest gain following a breakthrough May that pushed the combined Fort Smith metro region to its first year-to-date…

Walmart hires execs from American Express, Trip Advisor

Walmart has recruited Janey Whiteside, a veteran executive from American Express, to fill the new role of executive vice president and chief customer officer for the U.S. and e-commerce divisions….

Acxiom’s Arkansas operations sold in $2.3 billion deal

After years of private speculation and months of public disclosure, the next chapter of Acxiom is ready to be written. Interpublic Group of Cos. (NYSE:IPG), a global marketing and advertising…

Diversity and dependability driving construction consistency

Sean Stem is president of Construction Network Inc. (CNI), one of Northeast Arkansas’ largest construction firms. The company, founded in 1974, performs construction work for a variety of clients, including…

The Supply Side: Blockchain holds potential for retail applications

The digital currency system Bitcoin is just one application of blockchain technology. And while it garners much attention, future retail applications are almost certain, according to Marshall Cohen, chief retail…

Real Deals: Bentonville hotel near I-49 changes hands for $11 million

A 90-room hotel near the intersection of Interstate 49 and Highway 72 in Bentonville is under new ownership after an $11 million sale. The purchase price equals $122,222 per unit….

More than 7.5 million acres planted in Arkansas, most since 1997

Farmers in the Natural State have planted 650,000 more acres this year than in 2017, according to the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). A total of…

Preferred Family ends fiscal year with $28 million in state contracts

Editor’s note: This is the second of a two-part series on Preferred Family Healthcare, the company at the center of Medicaid fraud and kickbacks to Arkansas legislators. Link here for…

U.S. Chamber says Trump tariffs will result in a $339 million hit to Arkansas’ economy

The nation’s largest business trade group on Monday (July 2) issued its strongest rebuke of trade tariffs recently imposed by the Trump administration on China and U.S. allies in the…

Home BancShares acquires finance company specializing in high-end boat loans

Conway-based Home BancShares has bought Shore Premier Finance in a cash and stock deal valued at over $400 million. SPF provides financing for high-end sail and power boats, and has…