Business

J.B. Hunt profit increases 31%, revenue up 20% in third quarter

J.B. Hunt Transport Services net income rose 30.6% and revenue increased 19.9% in the third quarter but missed analyst expectations as customer rate increases were partially offset by increases in…

Group develops list of ideas for new Fort Smith animal control ordinance

The Fort Smith Animal Services Advisory Board (ASAB) has developed a list of animal control recommendations for creation of an ordinance they hope will be approved by the Fort Smith…

Johnny Cash festival to honor 50th anniversary of Folsom Prison concert

The Man in Black was on the verge of losing it all. He was recently divorced, and drugs and alcohol continued to ravage Johnny Cash’s body and mind. He needed…

Key to profitable honey farm work is finding the ‘right balance’ with bees

Harvest is always a special time in Arkansas and across the Mid-South, with the gathering of crops signifying the conclusion of the growing season. But for Craighead County brothers and…

Analysts bullish on Walmart growth, praise e-commerce moves

Walmart has held its own against retail competitors this year in terms of growing sales and investing for the future. But Walmart shares have lagged competitors, and is down 4.5%…

Publicly-traded beverage company acquires Hot Springs-based Mountain Valley Spring Co. for $78.5 million

International beverage distributor Cott Corp. acquired Hot Springs-based Mountain Valley Spring Co. on Monday (Oct. 15) in a $78.5 million cash deal from Great Range Capital. In a statement after…

Murphy Oil forms Gulf of Mexico partnership with Brazilian oil giant

Murphy Oil Corp. has formed a joint venture with Brazil’s multi-national oil conglomerate to develop a deepwater Gulf of Mexico project that is expected to bolster the Arkansas oil company’s…

UCA faculty member awarded agriculture grant

A University of Central Arkansas faculty member has been awarded a U.S. Department of Agriculture grant. Dr. Will Flatley, assistant professor of geography in the College of Natural Sciences and…

SEC studies changing financial reporting for public companies

President Donald Trump recently used Twitter to praise a business leader’s desire to reduce the number of times public companies must issue financial reports, from quarterly to twice annually, and…

The Supply Side: Startup i2i Labs connects tech innovation with retailers, suppliers

It’s been almost a year since Bryce Paden and Trent Carrender quit their jobs and jumped head first into i2i Labs, a Rogers-based startup that acts as a matchmaker between…

Arkansas Works’ rolls cut by another 4,109 because of work mandate

Another 4,109 former beneficiaries of the Arkansas Works program have been removed from the program for failing to comply with its work and community engagement requirement, after 4,353 were removed…

Introducing the 2018 C-Suite Award winners

For the fourth year, the Northwest Arkansas Business Journal is honored to recognize 10 of the most worthy C-level executives in the region with the C-Suite Award. The healthy economy…

Field of 5 seeking Bentonville mayor’s post

While Little Rock’s mayoral race is driving state capital politics, Arkansas’ commerce capital – Bentonville, home to Walmart’s world headquarters – has an equally crowded field of contenders for mayor….

C-Suite: Stan Zylowski

Achievements: Zylowski left a successful career in the vendor community, earned an MBA, and in 2010 co-founded Movista, whose cloud-based software allows companies to manage their distributed workforces via smart…

C-Suite: Heath Ward

Achievements: Ward oversees the day-to-day operation of a utility that purchases roughly half a billion gallons of water a month from Beaver Water District and serves about 105,000 people. He…

C-Suite: Tim Stanley

Achievements: Stanley started a career in document management 30 years ago when he joined the sales and national account team for Eastman Kodak. In 1996, he established Total Document Solutions…

C-Suite: Larry Shackelford

Achievements: Shackelford assumed the CEO role in September 2017 after serving as vice president of strategy and outreach since 2010. Before that, he was CEO of Medical Associates of Northwest…

C-Suite: Chris Schnurbusch

Achievements: Schnurbusch has worked in the construction industry for more than 26 years. He started working in general labor during the summers before advancing to assistant superintendent, superintendent, project manager,…

C-Suite: Peter Lane

Achievements: Lane joined Walton Arts Center (WAC) in May 2009. Since then it has tripled in size and grown to become Arkansas’ premier arts presenter. Under his leadership, WAC opened…

C-Suite: Debbie Griffin

Achievements: Griffin managed the first television station in Northwest Arkansas, served on the first “College Without Walls” board for NorthWest Arkansas Community College, was one of the first women to…