Northwest Arkansas

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‘Staycation’ The New Buzzword for Summer 2008

A new survey from Rand McNally has determined that 57 percent of Americans are planning to shorten or cancel summer trips in response to gas prices that have now topped $4 per gallon on average.

Ozark Mountain Smokehouse (Food Review)

One of Fayetteville’s old guard standards receives a fresh look and four forks.

Dykema’s Borrow $2M on Farm

According to documents filed with the Benton County Circuit Clerk, former ANB Bancshares Inc. chairman and CEO Dan Dykema and his wife Lisa signed a $2 million mortgage for their Honey Creek Land and Cattle LLC on April 15.

Vision Technologies Faces Another Lawsuits

Jeannie Fleeman and partners have filed a lawsuit against Vision Technologies Inc. of Rogers.

Ex-Dixie Officer Declares Bankruptcy

Former Dixie Development chief financial officer, Marla Webb, has filed for bankruptcy.

Wal-Mart Won’t Comment on AC/DC Deal

Wal-Mart Stores Inc. had another successful exclusive album launch for the week of June 9 as the 3-CD “Revelations” release from Journey sold 104,000 copies in its debut week.

Flake & Kelly Purchase Creek Side

Flake & Kelley Commercial has purchased Creek Side, a 22,000-SF retail strip center on Mall Ave. in Fayetteville developed by Dixie Development Inc.

Store Brings Culture, Heart to Fayetteville

Corazon, a unique home furnishings store, opened its doors in the downtown Fayetteville Square on June 5.

Simply Home Lending Shops For Best Rates

At the end of 2007, Jason Carter left his position with ENG Lending in Fayetteville, and teamed-up Stephen Green to start Simply Home Lending LLC, an independent full-service mortgage brokerage service.

Globalink, Crye-Leike Realtors to Merge

Globalink Realtors has become part of Crye-Leike Realtors of Northwest Arkansas. The two companies announced their merger June 1.

Peterson Farms Negotiates Sale of Brolier Opperations

Peterson Farms Inc. of Decatur announced June 3 it had begun negotiations with Simmons Foods Inc. of Siloam Springs for the sale of its integrated broiler operations.

St. Louis Fed President Addresses Rising Inflation

James Bullard, president of the Federal Reserve Bank of St. Louis, addressed Northwest Arkansas professionals during the Quarterly Business Analysis breakfast on June 4 at the Embassy Suites in Rogers.

SSI Inc. Constructing New Fort Smith Hangar

Fort Smith contractor SSI Inc. is building a new hangar on South 66th Street for the Fort Smith Regional Airport.

Ecclesia College Ranks High on National Survey

NSSE’s 2007 survey gives Ecclesia College high markets for student involvement

Layoffs Cut Costs But Yield Turmoil

Several Northwest Arkansas employment experts say layoffs are a quick way to cut-back on expenses but often cause turmoil in the workplace.

When Facing a Crisis, Make it Your Best Ally (Commentary by John Newman)

Top-notch CEOs of healthy companies don’t wait for bankruptcy to come knocking at their door. With outward calm, they respond to minor downturns as if they were crises.

XNA Business Traffic Flat, Private Flights in Flux

Since the region’s boom years of 2005 and 2006, Executive Aviation has seen about a 50 percent decrease in business travel.

Self-Taught Decorator Enjoys Sweet Success (First Person)

An appearance on Food Network helped Springdale cake decorator Jennifer Matsubara make a name for herself in the cake industry.

UA Researchers Find SOX Impact for CFOs

UA researchers’ findings on SOX impact for CFOs published in the Journal of Accounting.

Mentoring Programs Must Adhere to Fundamentals (Human Factor by I. Barry Goldberg)

Mentoring programs allow companies to utilize knowledge and leadership held by longtime executives.

Oklahoma court ruling threatens poultry industry in Arkansas

GDP up 4.3% in the third quarter, consumer confidence declines

St. Bernards to expand Maternal Life360 HOME program into Greene County

Then and Now: Cooperative business model a good fit for Mitchell Johnson