Business

Arkansas firms among designers added to Walton Family Foundation program

The Walton Family Foundation recently added 45 design firms to its Northwest Arkansas Design Excellence Program, according to a news release. The program now has 108 architecture, landscape architecture, urban…

Fort Smith metro building permit numbers up 160% in January

Following a significant decline in 2024, building activity gained momentum in the Fort Smith metro as 2025 started. January building permit values were up 160% in the three regional cities…

Tyson Foods meeting marks 90 years, elects slate of directors

Tyson Foods used Thursday’s (Feb. 6) shareholders meeting to mark 90 years as a company since its humble beginnings in 1935 when founder John W. Tyson primarily sold chickens in…

Brookland School District acquires 103 acres for planned expansion

The Brookland School District has acquired 103 acres for its master-planned expansion, according to Haag Brown Commercial. An intermediate school will be built on the swath of land that is…

Nominations open for NEA Outstanding Business Awards

Nominations are open for Talk Business & Politics’ Northeast Arkansas Outstanding Business Awards. The deadline to nominate is March 6, 2025. The awards are sponsored by Arvest Bank. The awards…

Nominees named for Arkansas tourism awards

Oaklawn in Hot Springs, Thrive Inc. in Helena, and the Eureka Springs City Advertising & Promotion Commission are some of the nominees for Arkansas tourism awards. The winners will be…

Then & Now: Former reporter advocates for lower-income Arkansans

Laura Kellams went from writing about the news to shaping it when she left the newspaper profession to become Northwest Arkansas director for Arkansas Advocates for Children and Families in…

Governor, legislators unveil maternal health package

Amidst a backdrop of moms with babies, Gov. Sarah Sanders on Thursday (Feb. 6) unveiled at the state Capitol her much anticipated maternal health care package aimed at improving Arkansas’…

Bastazo receives $1 million, completes HF0 residency program

Bastazo, a Bentonville-based software development startup, recently completed HF0 Residency, an accelerator based in San Francisco for artificial intelligence-focused startups. The startup received $1 million when it was accepted into…

J.B. Hunt marks 35 years of intermodal service

Lowell-based carrier J.B. Hunt Transport Services Inc. announced Thursday (Feb. 6) it has provided intermodal service for 35 years. The first J.B. Hunt intermodal load departed Chicago “on a February…

Arkansas medical marijuana pounds sold in 2024 up more than 20%

Arkansas’ medical marijuana sales in 2024 were down more than 2% compared to record sales in 2023, but the pounds sold were up more than 20%, according to figures posted…

Crain to build new dealership in Fort Smith

Crain Investments is making a sizable investment in Fort Smith with a new dealership for Crain Hyundai to be built near Interstate 540 and U.S. Highway 71 South near other…

Springdale issues $33 million in building permits for Blue Crane project

St. Louis-based general contractor ARCO Construction Holdings Inc. recently acquired commercial building permits valued at a combined $33.5 million for mixed-use development Via Emma in downtown Springdale, according to a…

Cargill job losses may not be easy for Northwest Arkansas economy to absorb

More than 10% of jobs in the Northwest Arkansas animal processing sector will be lost when Cargill’s Springdale plant closes in August. With few similar job openings in Northwest Arkansas,…

Murphy USA sees dip in net income, revenues

Murphy USA reported Wednesday (Feb. 5) net income of $142.5 million, or $6.96 per diluted share, in its fourth quarter, compared to $150 million, or $7 per diluted share, one…

Walmart buys a mall, sells its Canadian truck fleet

Bentonville-based Walmart is spending $34 million to acquire Monroeville Mall located in the Pittsburgh, Pa., metro. The global retailer is also selling its Canadian trucking fleet to Canada Cartage. Terms…

Encore Bank appoints new CFO, chief accounting officer

Little Rock-based Encore Bank announced Wednesday (Feb. 5) the appointment of Eric Movassaghi as its new chief financial officer. In this role, Movassaghi will steer Encore’s financial strategy as the…

Farmers to receive $286 million through American Relief Act

Farmers in Arkansas will receive $286.2 million in assistance from the American Relief Act, with Mississippi County being the top recipient, according to an analysis by the Rural & Farm…

Harps to open 10Box Cost-Plus store in Van Buren

Springdale-based Harps plans to soon open one of its 10Box Cost-Plus Food Stores in the Cloverleaf Plaza in Van Buren. It will be the 14th 10Box location for the grocery…

P3 Group announces $28 million Pine Bluff hotel next to convention center

The P3 Group Inc., the nation’s largest minority-owned public-private partnership developer, announced the construction of a new $28 million, 125-room Convention Center Courtyard by Marriott in Pine Bluff planned for…