Business

ATRS board adopts new actuarial changes because retired Arkansas boomers living longer

As pension funds across the U.S. face the sober reality that Baby Boomers are living longer and tapping into retirement funds a lot earlier, the Arkansas Teacher Retirement System (ATRS)…

Federal judge hears oral arguments on $2 billion Clean Line project, plans ruling as ‘soon as possible’

An attorney representing landowners opposing a high voltage transmission line across Arkansas argued in federal court Tuesday (Nov. 14) that the U.S. Department of Energy (DOE) is using eminent domain…

Partnerships becoming the norm in challenged retail sector

Partnerships are growing in popularity in the challenged retail sector, with retailers joining forces aimed at growing sales and providing convenience options for consumers. For example, Wal-Mart’s online business announced…

Fort Smith Board considers sanitation schedules, sets special meeting for new jobs project

The Fort Smith Sanitation Department requested the Board consider a return to task-based work scheduling used from 1989 through August 2016. The request came at a Tuesday (Nov. 14) study…

Grant to provide training to 600 emergency responders in Northeast Arkansas

A $149,334 grant from Arkansas Blue Cross and Blue Shield’s Blue and You Foundation has been doled to the Stop Bleeding Foundation, a Jonesboro non-profit presided over by Dr. Spencer…

Arkansas’ population among the heaviest in the country

Arkansas has the fourth most overweight and obese adult populous among all states, according to a new Wallethub survey. The Natural State is only outranked in the survey by Mississippi,…

Tyson Foods leaders: New office places technology front-and-center downtown

Tyson Foods unveiled its new downtown Springdale office on Tuesday (Nov.14), and company leadership said the facility will usher in a new era for the business, support continued development downtown…

Foundation created to boost Arkansas parks and recreation

A new nonprofit organization aimed at enhancing parks and recreational opportunities in Arkansas was announced Tuesday (Nov. 14). Arkansas Parks and Recreation Foundation is a 501(c)(3) entity organized to “support,…

Mercy hospitals earn ‘A’ in patient safety survey

Mercy hospitals in Northwest Arkansas and Fort Smith have received A grades for keeping patients safe. The Leapfrog Group, an independent nonprofit organization, has released its fall 2017 Hospital Safety…

Allan Gates to become president of American College of Environmental Lawyers

Little Rock attorney Allan Gates, a partner at Mitchell, Williams, Selig, Gates & Woodyard, was named president-elect of the American College of Environmental Lawyers during the college’s annual meeting in Charleston,…

McLarty Daniel to invest $10 million to replace Ford dealership in Bentonville

McLarty Daniel Ford will break ground on a 46,000-square-foot building to replace the dealership’s existing building at 2609 S. Walton Boulevard in Bentonville. On Thursday (Nov. 16), the dealership will…

Saatchi & Saatchi X ranked on Ad Age’s annual 50 Best Places to Work list

Springdale-based shopper marketing agency Saatchi & Saatchi X has been named as a best place to work by industry publication Advertising Age. The award recognizes the best employers in the…

Wall Street estimates third quarter income dip for Wal-Mart, gain in same-store sales

Wal-Mart Stores reports third quarter earnings early Thursday (Nov. 16) and Wall Street consensus is 97-cents per share, or $2.902 billion in net income. This would be a 1% decline…

Undeveloped remains of Mountain Ranch property headed to auction

The undeveloped remains of what was envisioned a decade ago as a 460-acre mixed-use development in Fayetteville is headed to the auction block. Investors, developers, home builders and others will…

Fayetteville named in Money magazine’s 10 Best Places to Live in the South

Money magazine named Fayetteville as one of the top 10 places to live in the South. “Nestled in Northwest Arkansas’ Ozark Mountains, Fayetteville is a combination of thriving business community,…

First Orion to move headquarters across river to North Little Rock

Nearly two years after singing the praises of new downtown offices in Little Rock’s River Market District, First Orion announced Monday (Nov. 13) that it is moving its global headquarters…

Federal trial over Clean Line wind project set to begin; $2 billion project still on go, officials say

A long-awaited trial on the fate of the controversial $2 billion Plains and Eastern Clean Line wind energy project will begin Tuesday when oral arguments are held in U.S. District…

Freight volume up 65% in spot market, Tesla to show ‘blow your mind’ electric truck

Demand for spot market freight has been on the rise headed into peak season as Tesla turns its attention to the trucking industry to announce its electric big rig this…

Tyson Foods morphing into modern food company; acquires Original Philly Holdings

Tyson Foods is not your grandfather’s chicken processor or your dad’s meat company. The Springdale-based protein titan says it continues transforming into a higher-margin, modern food company. CEO Tom Hayes…

Online retail sales expected to double by 2023

Every analytics firm has its prediction on how much online retail sales will grow. For example, a recent report from FTI Consulting forecasts U.S. online retail to double by 2023….