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Business News

Tyson Foods announced late Friday (July 25) plans to shutter three of its processing facilities as it streamlines its prepared foods segment ahead of the anticipated merger with Hillshire Brands.

Fri, 07/25/2014 - 6:28pm

Sales Tax DataLINK of Bentonville received a new patent for sales tax software that is titled: “System and Method for Tax Filing, Data Processing, Data Verification and Reconciliation.”

Fri, 07/25/2014 - 5:30pm

The University of Arkansas Bookstore, its shops at the Garland Center and all of its Razorback Shops will observe the Arkansas “sales tax holiday” on Saturday, Aug. 2, and Sunday, Aug. 3. State and local sales tax will not be collected during this 48-hour period on the following items:

Fri, 07/25/2014 - 2:53pm

Many of the nation’s industrial sectors saw major declines in the first quarter of 2014 as 16 of 22 industry groups contributed to the 2.9% decrease in U.S. economic activity, according to a quarterly report from the U.S. Bureau of Economic Analysis (BEA).

Fri, 07/25/2014 - 12:56pm

First National Bank of Rogers announces it is rebranding its name to First National Bank of NWA. A new logo is also being introduced to reflect the new name. This name change is effective Aug. 1 with signage being changed in the coming months.

Fri, 07/25/2014 - 11:11am

A coalition of 82 organizations signed a letter sent to the U.S. Justice Department on Thursday (July 24) opposing the antitrust process of Tyson Foods’ planned take over of Hillshire Brands.

Fri, 07/25/2014 - 12:31am

When Tom arrives at work, he enjoys spending time with co-workers and simply getting time out of the house. He says the paycheck “is just icing on the cake.” 

Thu, 07/24/2014 - 7:31pm

This year the four major cities in Northwest Arkansas have reported yo-yo tax revenue month-to-month, but in July revenue bounced higher topping $4.936 million reported by Bentonville, Rogers, Springdale and Fayetteville. The cumulative gain is up over the $4.406 million in July 2013.

Thu, 07/24/2014 - 7:26pm

The Board of Directors of Fort Smith-based ArcBest Corp. (formerly Arkansas Best) announced Thursday (July 24) of 3 cents per share payable Aug. 21 to shareholders of record Aug. 7.

Thu, 07/24/2014 - 6:37pm

Downtown Bentonville retailer Klōthe Boutique and local clothing designer Nancy Martin are coming together to raise funds and provide in-kind donations to benefit Dress for Success® Northwest Arkansas.

Thu, 07/24/2014 - 1:17pm

Kelly Hughes has been promoted to vice president, mortgage operations manager at Signature Bank.

Hughes, a 20-year veteran banker, is responsible for the daily management of work flow in Signature’s mortgage operations, in addition to managing the bankers in that department.

Thu, 07/24/2014 - 10:52am

Alma-based InvoTek recently received a $175,000 Phase 1 Small Business Innovation Research grant from the National Institutes of Health.

Thu, 07/24/2014 - 10:29am

Walmart U.S. CEO Bill Simon is stepping down after more than four years in the job and eight years with Wal-Mart. Greg Foran, 53, was named the new Walmart U.S. CEO and the transition is effective Aug. 9.

Thu, 07/24/2014 - 8:13am

A recent study by the website Wallet Hub lists Arkansas as among the nation's most inexpensive states when it comes to energy consumption, but an official with a local electric cooperative said that could change if proposed federal environmental policies are fully enacted.

Wed, 07/23/2014 - 5:30pm

Electronic games of skill (EGS) wagers at the state’s two racinos continued to climb with Oaklawn topping more than $100 million in wagers monthly every month during the first half of 2014.

Wed, 07/23/2014 - 12:00pm

Tonnage shipped along the Arkansas River is down for the first half of 2014, but it is not necessarily bad news according to a Fort Smith-area river operator.

Wed, 07/23/2014 - 11:44am

Regional business and civic leaders who responded to an informal survey by The City Wire do not share the pessimism exhibited in a recent Rasmussen Poll in which only 29% said America’s best days like ahead.

Tue, 07/22/2014 - 9:35pm

Mercy is rolling out a new way for patients of all ages to access convenient, local health care. Mercy Mobile Health, a $650,000 motor coach, is part of a $1 million investment to reach underserved and rural communities and provide easy access for diagnostics testing.

Tue, 07/22/2014 - 5:08pm

Northwest Breast Imaging Center is now offering the 3D mammography for breast cancer screening. The 3D mammography produces a three-dimensional view of the breast tissue that helps radiologists identify and characterize individual breast structures without the confusion of overlapping tissue.

Tue, 07/22/2014 - 4:57pm

Tyson Foods has agreed to pay workers in its Goodletteville, Tenn., beef and pork processing plant a $7.75 million settlement. A federal judge has given preliminary approval of the donning-and-doffing settlement reached this week.

Tue, 07/22/2014 - 4:42pm


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