Business

Real Deals: Hospitality investment in Benton County tops $14 million

A pair of Benton County hotels changed hands recently in separate deals totaling $14.08 million. The 78-room TownePlace Suites by Marriott at 3100 S.E. 14th St. in Bentonville sold for…

WorkHound provides voice for truck drivers, opportunity for carriers to address issues

WorkHound wants people to love their jobs, and with its focus on the trucking industry, it seeks to reduce the driver turnover rate, which is about 95%, said Max Farrell,…

Wal-Mart makes more changes to Savings Catcher program

The Savings Catcher money savings app rolled out by Walmart U.S. in 2014 will undergo some changes starting Feb. 1, according to the retail giant who notified customers this week…

Butterfield Trail Village, UAMS announce partnership for onsite physician

Allan Martin, a family practitioner with the University of Arkansas for Medical Sciences Northwest, started seeing patients at a new clinic office at Butterfield Trail Village in Fayetteville on Nov….

$30 million loan program to support Downtown Springdale Master Plan

Three banks have joined forces to create a $30 million loan program to fund renovations and new construction in downtown Springdale, in addition to the establishment of new businesses and…

Isaac Smith promoted to president of Colliers International Arkansas

Colliers International Arkansas in Little Rock has promoted Isaac Smith to president, the company announced Tuesday (Dec. 5). Kevin Huchingson, the firm’s CEO and president the past 15 years, will…

Auburn professor named dean of UA Bumpers agriculture college

Deacue Fields III has been named the new dean of the University of Arkansas Dale Bumpers College of Agricultural, Food and Life Sciences, pending approval by the UA System Board…

Tobacco companies run ads on smoking dangers to comply with federal ruling

Major U.S. tobacco companies have started running ads in the Little Rock Sun and across the nation to comply with a 2006 federal court order after 11 years of appeals…

Coal-fired electricity generation in South falls to 29%

In the South, the amount of electricity generated with coal fell to 29% in 2016, from 50% in 2006, according to the U.S. Energy Information Administration. Over the same period…

Milken Institute chair Michael Milken is keynote speaker for annual Business Forecast Luncheon

Michael Milken, chair of the Milken Institute, will be the featured speaker for the 24th-annual Business Forecast Luncheon, coordinated by the University of Arkansas Sam M. Walton College of Business…

Arkansas Works enrollment declines 6% in October, up from September

The number of people enrolled in Arkansas Works fell 6% to 309,719 in October, from 330,488 in the same month in 2016, according to the Arkansas Department of Human Services….

Arkansas legislative committees to determine dicamba, fine increases for illegal use in 2018

The last step in banning dicamba during the bulk of the 2018 growing season and a significant increase to the fines for farmers who use it illegally will be decided…

Little Rock startup announces first banking solution for state’s medical pot industry; federal concerns still ahead

A Little Rock-based financial technology startup with ties to the Arkansas Medical Marijuana Association has announced it is partnering with an unnamed Arkansas bank to offer electronic payments and financial…

Springdale voters to decide on downtown municipal complex funding

With design costs covered by the Walton Family Foundation, the city of Springdale is now turning to its residents to approve funding to build a new criminal justice facility downtown…

Newport farmer wins award for waterfowl conservation efforts

Rice and ducks are big business in Northeast Arkansas and a Newport area rice farmer has received the Conservation Champion Award. Marvin Hare, whose family has been farming in Jackson…

University of Arkansas hires University of Houston AD for same job (Updated)

Editor’s note: This story is updated with confirmation from the University of Arkansas of the new hire. ––––––––––––––– The University of Arkansas has announced it will hire Hunter Yurachek as…

Port of Fort Smith to see first new construction in 37 years

The Fort Smith Port Authority passed two resolutions on Friday (Dec. 1) that will pave the way for the first new construction at the Port of Fort Smith since 1980….

November sales tax revenue report flat against last year

Cumulative sales tax revenue growth slowed in the past couple of months after posting hefty gains in the summer. Fayetteville, Springdale, Rogers and Bentonville reported combined sales tax revenue of…

Report: Women-owned businesses add $9.5 billion to Arkansas economy

Arkansas now has an estimated 80,400 women-owned businesses employing 55,700 staff and contributing $9.5 billion in revenue to the state economy, according to an American Express OPEN report that analyzes…

State tax collections continue flat in November, yearly receipts nearly $27 million below forecast

State tax collections in November were mostly flat ahead of the all-important Christmas shopping season as Arkansas households appear reticent to hike spending during the holiday although consumer confidence across…