Business

Local architectural firms make pitches for Phase Two of LR Tech Park

Little Rock Technology Park Authority directors heard pitches on Wednesday (Dec. 13) from three different architectural firms that are competing to design and plan Phase Two of the city’s multi-stage…

Wal-Mart pleased with progress of its U.S. manufacturing agenda

As 2017 winds to a close, Wal-Mart continues to promote a 10-year commitment to support its U.S. manufacturing jobs initiative with the company saying it is on target to hit…

XNA approves $29 million budget, Russell Reynolds to find next CEO

Northwest Arkansas Regional Airport Authority approved spending up to $200,000 to hire an executive consultant to review the airport’s organizational structure and recruit a CEO. The board also approved a…

Arkansas has fifth-lowest gas prices in U.S.

The average price for a gallon of gas in Arkansas is $2.22, and it is ranked fifth cheapest nationwide, according to a report from AAA. The nation’s top 10 least…

Windgate Charitable Foundation gives $40 million for arts district in Fayetteville

The Windgate Charitable Foundation of Siloam Springs has given $40 million toward establishing the new Windgate Art and Design District in south Fayetteville, the University of Arkansas announced Wednesday (Dec….

Tourism spending up nationwide in third quarter, Arkansas keeping pace

Americans spent $945 billion on tourism in the third quarter, and indirect, tourism-related spending totaled $1.6 trillion, according to a report published Wednesday (Dec. 13) by the U.S. Department of…

Baxley Foundation gives $102,000 for UCA student scholarships

The University of Central Arkansas in Conway has received a pledge of $102,000 from the Baxley Foundation of Plano, Texas, to support student two full-ride student scholarships. The Baxley Foundation…

YTD home sales in Northwest Arkansas essentially flat compared to 2016 data

Realtors in the two-county area combined to sell 8,276 homes through the first 10 months of 2017, essentially flat (up 0.8%) from 8,210 home sales in the January-October period of…

Dicamba may not be banned in Arkansas during 2018 growing season

Arkansas may not ban the herbicide dicamba during the 2018 growing season even after the recommendations of the Arkansas State Plant Board (ASPB) and a task force appointed to study…

Research grant funding rises 53% at UAMS

Research funding at the University of Arkansas for Medical Sciences (UAMS) grew 53% during the last fiscal year, contributing to the Arkansas economy and bringing the potential to grow new…

State statute kills Fort Smith business license fee, parking meter rate increases discussed

The Fort Smith Board of Directors’ push to enact a $100 business license fee has failed, but it did not come from any changed votes as Director George Catsavis was…

Beef cattle industry expected to end 2017 in the black, consumer prices decline

The beef cattle business is logging a decent year as 2017 winds to a close amid herd expansion, solid U.S. demand and expanded exports. But the profits are less than…

Gov. Hutchinson says state’s disability waiting list down by 500, thanks Tobacco Settlement Commission

Gov. Asa Hutchinson on Tuesday (Dec. 12) publicly thanked the state Tobacco Settlement Commission (ATSC) for its support in paring down more than 500 families on the waiting list for…

Hendrix College to build Miller Creative Quad in 2018

Hendrix College will begin construction on the Miller Creative Quad in 2018. The $24 million ($16 million construction, $8 million endowment) mixed-use project is part of the school’s $110 million…

Amazon, evolving trends in retail prove a challenge for suppliers

Technology has given today’s shopper more power and retailers aggressively tailor their business models to win the consumer’s spending, an amount being reduced by subscription commitments, said Paul Cantrell, global…

New acquisitions, installations will ‘reimagine’ experience at Crystal Bridges, early American art galleries to close temporarily

Crystal Bridges Museum of American Art in Bentonville announced Tuesday (Dec. 12) new works, plans to revamp its early American art galleries and North Forest outdoor art space in 2018….