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Arkansas banking profits surge 14% in first 6 months
Bolstered by its three public banking giants, Arkansas’ 82 federally insured banks reported a net income of close to $1 billion through the first half of 2023. According to the…
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UA’s annual giving declines 33% in fiscal year 2023
The University of Arkansas raised $93 million in the 2023 fiscal year (July 1, 2022-June 30, 2023) in private gift support for students, faculty, programs and capital projects. That represents…
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Fayetteville’s Lapovations secures $500,000 NSF grant to advance AbGrab medical device
Fayetteville medical device company Lapovations has received a $500,000 grant from the National Science Foundation. The funding will help further commercialize its first product, AbGrab. Lapovations originated in the University…
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Ozark Regional Transit achieves highest monthly ridership since 2016
Springdale-based transit provider Ozark Regional Transit recently posted ridership and average daily passenger numbers that exceed pre-pandemic levels. In August, total ridership rose to 27,929, the highest total since September…
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Cox supports Innovation Labs at Bentonville, Fort Smith Boys & Girls Clubs
The Fort Smith and Benton County Boys & Girls Clubs today have opened two technology-filled Innovation Labs made possible by a $40,000-grant from Cox Communications that will benefit hundreds of…
by - September 26, 2023 1:55 pm
Today’s Bank, First Community Bank planning strategic branch expansions in Northwest Arkansas
A pair of Arkansas banks are planning additional branches in new markets in Northwest Arkansas. Today’s Bank, the only Arkansas bank headquartered in Huntsville (Madison County), is nearing completion of…
by - September 26, 2023 11:27 am
2,000 attendees expected in Northwest Arkansas for tech summit this fall
More than 2,000 attendees are expected to attend the 2023 Northwest Arkansas Technology Summit, Director Kris Adams said. The summit will convene at the Rogers Convention Center from Oct. 29…
by - September 25, 2023 5:12 pm
Northwest Arkansas sales tax revenue rises 5.68% in September report
Through the first nine reporting months of 2023, Bentonville, Fayetteville, Rogers and Springdale had sales tax revenue of $84.545 million, up 10.18% from the same period last year. The cities…
by - September 25, 2023 11:19 am
Tyson Foods selects insider to head up its prepared foods business
Melanie Boulden has been named group president of the prepared foods business at Tyson Foods in addition to her duties as chief growth officer at the company, which she began…
by - September 25, 2023 10:59 am
SupplyPike collaboration to improve dispute process
Rogers-based supply chain software company SupplyPike recently established a strategic partnership with krunchbox, which offers point-of-sale data management and analytics. The collaboration is expected to improve the dispute-resolution process between…
by - September 24, 2023 10:54 am
Missouri company expands reach to Northwest Arkansas
Pearson-Kelly Technology of Springfield, Mo., completed an acquisition on Sept. 1 to enter the Northwest Arkansas market. According to a news release, Pearson-Kelly bought Digital Printing Solutions Inc. (DPS) of…
by - September 24, 2023 9:51 am
Real Deals: Commerce Construction building Sterling Bank location in Bentonville
The city of Bentonville recently issued a building permit to Commerce Construction of Springdale valued at $3.91 million. Commerce is using the permit to build a 15,000-square-foot building at 1001…
by - September 24, 2023 8:49 am
The Supply Side: Aldi pushes to grow market share in southeast U.S.
Despite tough competition from Walmart and other regional players like Publix, Aldi USA is making a big bet to try and take market share in the southeastern United States. The…
by - September 21, 2023 6:31 pm
The Compass Report: Job growth, tax revenue remains strong in Arkansas’ top metro areas
Continued job growth and broad gains in sales tax revenue indicate resilient and healthy economies in Arkansas’ four top metro areas, according to the second quarter 2023 The Compass Report….
by - September 21, 2023 11:43 am
Bentonville startup FR8relay pitches logistics tech to DOD officials
Bentonville-based logistics technology startup FR8relay was recently selected to pitch in the Energy and Logistics Challenge at the Operational Energy and Logistics Summit 2023 in Honolulu. The pitch provided an…
by - September 21, 2023 11:34 am
Manufacturing tech startup kicks off in Bentonville
Bentonville-based Cartwheel Startup Studio recently partnered with Chicago-based software developer Strategic Systems International (SSI) to launch a manufacturing technology startup in Bentonville. Quantis provides software as a service to improve…
by - September 21, 2023 9:24 am
Connections: Forward Arkansas hires Springdale educator
Brittney Hickman of Springdale has joined educational nonprofit Forward Arkansas as a senior operations associate. Hickman has nearly 30 years of education experience. For the past eight years, she was…
by - September 20, 2023 6:47 pm
HRG, Woodridge venture wants to help Walmart suppliers manage costly deductions
Revenue deduction help has been available for large Walmart suppliers through companies like Harvest Revenue Group (HRG). But for smaller suppliers, auditing defense against the world’s largest retailer was too…
by - September 20, 2023 1:06 pm
Northwest Arkansas EV event returns Sept. 30
An event to raise awareness of electric bikes and vehicles is set for Sept. 30 in Rogers. Springdale-based nonprofit Northwest Arkansas Council will again host the second annual Drive Electric…
by - September 20, 2023 12:59 pm
NIH awards $3.1 million to UA for study of human mitochondrial disorders
The Eunice Kennedy Shriver National Institute of Child Health and Human Development awarded $3.1 million to the University of Arkansas to study a spectrum of pediatric mitochondrial disorders caused by…