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Business News

A study released by the National Association of Manufacturers (NAM) on Thursday said the Environmental Protection Agency’s (EPA) new ozone standards could cause Arkansas to lose more than 10,000 jobs, pay more than $240 million in environmental compliance costs, and shut down most of the state’s

Thu, 07/31/2014 - 1:43pm

One positive quarter does not a turnaround make, but Van Buren-based USA Truck posted second quarter net income of $722,000, better than the $1.398 million loss in the same quarter of 2013 and the first quarter in the black in three years.

Thu, 07/31/2014 - 9:23am

Fort Smith-based ArcBest (formerly Arkansas Best Corp.) appears to be on its way to two consecutive years of positive financial results, with net income for the first six months of 2014 at $12.015 million, a big improvement over the $8.517 million loss during the same period in 2013.

Thu, 07/31/2014 - 8:39am

The local homebuilding pace appears to be stabilizing among the majority of the large cities in the two-county area. Commercial projects, including multifamily housing, were showing signs of resurgence through the first half of 2014, but June numbers tracked lower than a year ago.

Wed, 07/30/2014 - 7:41pm

Two prominent attorneys who have been in the news in recent weeks and months due to their legal wrangling with the city of Fort Smith have joined forces to create a new law firm.

Wed, 07/30/2014 - 7:32pm

It was just more than a month ago that Fort Smith business and civic leaders said a concept similar to North Little Rock's Arkansas Innovation Hub was needed in the area and now the Fayetteville and Fort Smith public libraries ha

Wed, 07/30/2014 - 7:25pm

The seemingly unstoppable Northwest Arkansas economy was punched in the gut Wednesday (July 30) as Superior Industries announced the closure of its wheel making plant in Rogers, eliminating 500 jobs as production is transitioned

Wed, 07/30/2014 - 6:33pm

The Northwest Arkansas jobless rate in June was the lowest metro rate in Arkansas, but  declines continued in the size of the regional labor force and the number of employed.

The June rate of 4.9% was unchanged compared to May but below the 6.1% in June 2013.

Wed, 07/30/2014 - 2:52pm

A continued decline in the size of the workforce and the number of employed edged the Fort Smith metro jobless rate to 6.4% in June compared to 6.3% in May. The rate was lower than the 8.2% in June 2013, but the number of employed in the region fell 2.24% in the 12-month period.

Wed, 07/30/2014 - 2:50pm

Zilkha Biomass Energy, a producer of biomass solutions to electric utility customers, today announced Wednesday (July 30) its plan to build a $90 million pellet production plant in Monticello, Ark., that will employ 52.

Wed, 07/30/2014 - 11:32am

Superior Industries announced early Wednesday (July 30) that it would close its Rogers wheel manufacturing plant as “part of an initiative to reduce costs and enhance its global competitive position.” The closure will result in the loss of 500 jobs, with the plant expected to end operations by th

Wed, 07/30/2014 - 8:25am

Family Dollar will soon shutter seven underperforming stores across the Natural State – a move resulting in up to 70 lost jobs.

Tue, 07/29/2014 - 7:05pm

The economy may be improving for Wall Street firms furnishing cheap capital to  corporate America at large, but a recent poll compiled by Sam’s Club and Gallup indicated two-thirds of new microbusiness owners rely on non-retirement, personal savings as the lead source of funding for their busines

Tue, 07/29/2014 - 5:46pm

WalmartLabs announced Tuesday (July 29) the acquisition of Luvocracy, a social marketplace startup based in Silicon Valley.

Tue, 07/29/2014 - 4:24pm

Wall Street analysts at Goldman Sachs took a long look at big-box discounters this week and downgraded Wal-Mart Stores to neutral from buy, while upgrading competitor Costco to a buy.

Tue, 07/29/2014 - 3:57pm

U.S. consumer confidence increased four index points in the second quarter of 2014 to a score of 104. This marks an upward trend that began in the first quarter of 2013.

Tue, 07/29/2014 - 12:11pm

Little Rock-based Windstream Corp. will spin off certain assets of the telecom and broadband company and form a new, real estate investment trust (REIT).

Tue, 07/29/2014 - 10:43am

The race to win the frugal, cash-strapped consumer got a little more heated on Monday (July 28) with Dollar Tree’s $8.5 billion blockbuster offer to acquire struggling discounter Family Dollar Stores.

Mon, 07/28/2014 - 7:24pm

Wal-Mart’s decision to promote Greg Foran to CEO of Walmart U.S. was a surprising move to analysts given Foran does not have the U.S. retail experience that other execs within the company possess.

Mon, 07/28/2014 - 5:04pm

The Jones Center is offering free dental services for those with no private health insurance starting on Monday, July 28 as part of the Ronald McDonald Care Mobile Dental Outreach program and Arkansas Children’s Hospital.

Mon, 07/28/2014 - 12:45pm


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