by - June 1, 2012 4:53 pm
Wal-Mart execs stress ‘integrity’
Some 14,000 shareholders managed to give Wal-Mart one heck of a 50th birthday celebration Friday (June 1) despite the threat of protests. The historical event was a balance of old…
News on the Wire
by - June 1, 2012 2:05 pm
Payroll growth in U.S. stalls as jobless rate rises
BLOOMBERG — The American jobs engine sputtered in May as employers added the fewest workers in a year and the unemployment rate rose, dealing a blow to President Barack Obama’s…
by - June 1, 2012 1:09 pm
Wal-Mart CEO defends retailer amid bribery probe
Wal-Mart Stores Inc. Chief Executive Officer Mike Duke told employees and shareholders at the company’s annual meeting Friday (June 1) that the retailer, whose executives are accused of bribing Mexican…
by - May 31, 2012 10:26 pm
Town meeting shows concern for Dickson Street (updated)
It’s no secret that recent efforts to develop a new parking garage on Dickson Street in Fayetteville, has brought on much debate. Mayoral candidate Dan Coody let it be known…
by - May 31, 2012 7:16 pm
U.S. labor market cools, GDP revised down
BLOOMBERG — The number of Americans applying for unemployment benefits rose to a one-month high and companies hired fewer workers than forecast, casting doubt on the vigor of the labor…
by - May 31, 2012 7:00 pm
Wal-Mart execs optimistic, tout smartphone reach
Wal-Mart executives painted a rosy picture for the company’s future Thursday afternoon (May 31) at a media conference in Rogers. The positive vibes are grounded, according to the execs, in…
by - May 31, 2012 4:14 pm
Wal-Mart: Mexico issue not likely to slow global growth
ROGERS — The ongoing bribery issue in Wal-Mart’s Mexican subsidiary has not had a material impact on the retail giant’s customers and suppliers, according to Leslie Dach, executive vice president…
by - May 31, 2012 3:39 pm
Settle promises another look at sex ordinance
Fort Smith Director and Vice Mayor Kevin Settle says he will seek another vote on the city’s sexually-oriented business ordinance when a new Board is seated. During a Thursday (May…
by - May 31, 2012 1:39 pm
Fort Smith director filing period soon to close
With the filing deadline set for June 5 at 12 p.m., the City of Fort Smith Board of Directors could be in for a shakeup. City Directors Steve Tyler and…
by - May 31, 2012 1:04 pm
Wal-Mart history: An insider’s reflections
Andy Wilson knew at an early age he would work in retail. His earliest memory of a master merchant wasn’t of Sam Walton. Wilson’s father, James Wilson Sr., ran a…
by - May 30, 2012 5:54 pm
Pending sales of U.S. homes falls by most in a year
BLOOMBERG — The number of Americans signing contracts to buy previously owned homes fell in April by the most in a year, indicating the U.S. housing recovery remains uneven. The…
by - May 30, 2012 5:12 pm
Share price rebound a great gift for Wal-Mart week
On simply a price-per-share basis, It may be difficult for lawyers and pension fund directors to argue that Wal-Mart’s alleged involvement in bribing Mexican officials has harmed the company. Revelations…
by - May 30, 2012 4:38 pm
Daimler shows gains in big rig fuel economy
BLOOMBERG — Daimler AG’s Freightliner unit demonstrated a heavy-duty truck that got 9.3 miles per gallon under realistic driving conditions, becoming the first company in the U.S. to reach fuel-economy…
by - May 30, 2012 12:24 pm
Area jobless rate improves but fewer employed
The April jobless rate improved in the Fort Smith region, but the number of employed continues to be below the same period in 2011. The 7.3% April jobless rate in…
by - May 30, 2012 12:19 pm
Job picture positive in NWA economy
Northwest Arkansas’ economy appears to be back to full speed, with federal figures released Wednesday indicating the region’s jobless rate fell to 5.3% in April and the workforce size set…
by - May 30, 2012 10:32 am
Early Wal-Mart shareholders invest on faith
Joyce and George Redden borrowed $700 from an insurance policy and gathered up money in savings to in 1971 place a bet on an upstart company. At the time, the…
by - May 29, 2012 6:02 pm
U.S. consumer confidence falls to four-month low
BLOOMBERG — Confidence among U.S. consumers unexpectedly fell in May to the lowest level in four months as optimism about employment prospects faded. The Conference Board’s index decreased to 64.9…
by - May 29, 2012 5:52 pm
Fort Smith Board may alter trash service plans
The ongoing debate over manual and automated refuse collection may finally come to an end at the next regularly scheduled meeting (June 5) of the City of Fort Smith Board…
by - May 29, 2012 3:07 pm
Social Security Disability close to insolvency
BLOOMBERG — A U.S. government entitlement program is headed for insolvency in four years, and it’s not the one members of Congress are talking about most. The Social Security disability…
by - May 29, 2012 2:54 pm
NWA, central Arkansas partner on film alliance
Arkansas’ two largest metro areas announced Tuesday (May 29) a partnership with the Arkansas Film Commission to create the Arkansas Production Alliance — an effort to recruit and retain a…