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Tyson Foods obtains $1.5 billion loan from creditors

Tyson Foods has secured a $1.5 billion term loan facility with lenders lead by Morgan Stanley. The meat giant also drew down the entire amount which will be due in…

Razorback Foundation announces new director of strategic communications and stewardship

The Razorback Foundation Inc. has hired Meredith Pettigrew as director of strategic communications and stewardship. She replaces Kassidie Blackstock, who took a job in March at Purdue University as associate…

COVID-19 forces restaurant owners to cope with sudden new realities

The list of small businesses impacted by the COVID-19 (coronavirus) national emergency is extensive. In the second week of March, the World Health Organization officially classified COVID-19 as a pandemic….

Republican results: Primary runners-up Underwood, Haak turn into runoff winners

A longtime state legislator in Benton County has lost her primary bid for re-election. State Rep. Jana Della Rosa, R-Rogers, was beaten by challenger Kendon Underwood of Cave Springs in…

Tyson Foods to provide almost $60 million in bonuses for frontline workers

Tyson Foods announced it will pay approximately $60 million in “thank you” bonuses to 116,000 frontline workers and Tyson truckers in the U.S. who support the company’s operations to provide…

UA, Northwest Arkansas Council partner to support small businesses and nonprofits impacted by COVID-19

The University of Arkansas Small Business and Technology Development Center (ASBTDC) and the Northwest Arkansas Council are partnering on a Small Business Emergency Assistance program. In a Tuesday (March 31)…

Skyline Report: Commercial vacancy rate in NWA fell to 10% in second half of 2019

The overall vacancy rate for commercial real estate in Northwest Arkansas declined 1 percentage point to 10% in the second half of 2019, from the first half of 2019, as…

Walmart will take employee temperatures, provide masks and gloves

As the COVID-19 pandemic threatens the safety of U.S. retail workers, Walmart said Tuesday (March 31) it will begin taking the temperatures of employees in distribution and fulfillment centers and…

House flipping in NWA metro hit an all-time high in 2019

House flippers in Northwest Arkansas saw a smaller profit margin in 2019, but the flipping activity is at an all-time high, according to a new report by Attom Data Solutions….

Mercy, MANA Health adapt responses to coronavirus outbreak

As the spread of the coronavirus continues to impact Northwest Arkansas, the Fort Smith metro and the rest of the state, regional healthcare providers are adapting responses for hospital protocol…

Emergency childcare offered by Helen R. Walton Children’s Enrichment Center

Workers on the frontline of the coronavirus situation deemed critical and who continue to work now have another option for childcare. This week, the Helen R. Walton Children’s Enrichment Center…

COVID-19 pandemic forces 21c Museum Hotel in Bentonville to suspend operations

French hotel operator Accor Hotels has suspended operations at its 21c Museum Hotel properties in the U.S. because of the COVID-19 pandemic. 21c has nine locations, including downtown Bentonville. The…

Northwest Arkansas health systems issue joint statement on COVID-19 efforts

Northwest Arkansas’ healthcare providers issued a joint statement Monday (March 30) reiterating information on appropriate methods of screening, treating and containing the coronavirus (COVID-19). The announcement is from officials at…

P.A.M. CEO Daniel Cushman earned almost 3% raise in 2019, total compensation fell to nearly $1.2 million

Daniel Cushman, president and CEO of Tontitown-based carrier P.A.M. Transportation Services Inc., received a 2.9% salary increase in 2019, and his total compensation fell 29.3% to $1.18 million last year,…

Tyson Foods commits $13 million to COVID-19 hunger relief

Springdale-based Tyson Foods is committing $13 million to support critical needs in local communities in the company’s operations footprint in response to the COVID-19 pandemic. The investment includes $2 million…

Real Deals: Lowell industrial property changes hands for $19.15 million

One Liberty Properties Inc., a publicly-held real estate investment trust (REIT) operating out of Great Neck, N.Y., recently paid $19.15 million for an industrial property in Lowell, west of Interstate…

Ozark Regional Transit buses will limit passengers amid COVID-19 pandemic

Springdale-based transit provider Ozark Regional Transit announced Thursday (March 26) it will comply with a state directive on social distancing and limit the number of people on its buses to…

UAMS announces new residents for NWA facilities

The University of Arkansas for Medical Sciences (UAMS) announced Thursday (March 26) 10 new family medicine resident physicians and one new sports medicine fellow. The family medicine residents are: Jovan…

Northwest Arkansas continues to lead state growth, 13th fastest-growing U.S. metro over past decade

Northwest Arkansas was the 13th fastest-growing metro area in the United States between 2010 and 2019 and the 24th fastest growing metro from 2018 to 2019, according to the U.S….

University of Arkansas researchers offer early estimates of COVID-19 impact to NWA economy

Sales in the leisure and hospitality, recreation and personal care services industries in Northwest Arkansas’ four largest cities are estimated to decline by almost 20% this year as a result…

Real Deals: Tyson Foods buys former Cargill plant for $23 million

Velocity NWA launches leadership storytelling series

Report shows continued weakness in Arkansas’ manufacturing sector

Payment rates, timeline progressing on $12 billion farmer aid package