Business News

Tyson Foods has named Mikel Durham as a new board member which was made effective July 30.

Durham will be an independent director. She serves as the chief commercial officer of CSM Bakery Solutions, a private equity backed bakery supply company based in Atlanta.

Fri, 07/31/2015 - 12:10pm

Bank of Fayetteville, Fayetteville’s oldest hometown bank, is being acquired by Farmers and Merchants Bankshares of Stuttgart to form a $1 billion financial institution with equity capital exceeding $142 million.

Thu, 07/30/2015 - 10:46pm

Analysts predict Tyson Foods will earn $387 million in fiscal third quarter net income, a gain of 45% from the year-ago period. That equates to 93 cents per share, a healthy increase from 75 cents reported in the 2014 third quarter.

Thu, 07/30/2015 - 5:29pm

Two national freight reports paint a picture of a “tepid” U.S. economy hampered by a strong U.S. dollar and struggling retail sales.

Thu, 07/30/2015 - 1:27pm

Dr. Mohammad Al Madani has joined Sparks Health System and will work as an interventional cardiologist at the Cardiology Center at Sparks.

Thu, 07/30/2015 - 12:37pm

The nation’s economy gained momentum in the second quarter as real gross domestic product in the U.S. rose 2.3% in the second quarter of 2015, according to the “advance” estimate released by the Bureau of Economic Analysis on Thursday.

Thu, 07/30/2015 - 12:01pm

Health care spending is projected to increase as a percentage of the U.S. gross domestic product from 17.4% in 2013 to 19.6% in 2024, according to a report released Tuesday by the Office of the Actuary in the Centers for Medicare & Medicaid Services.

Wed, 07/29/2015 - 7:43pm

Northwest Arkansas homebuilders and commercial contractors slowed their pace of work during the second quarter of 2015 compared to a year ago. This comes on the heels of a flat first quarter.

Wed, 07/29/2015 - 7:25pm

Arkansas oil giant Murphy Oil Corp., now a pure play oil and gas explorer, saw its second quarter earnings fall deeper into the well as benchmark international crude prices on Tuesday fell to their lowest since the beginning of the year.

Wed, 07/29/2015 - 6:48pm

Business and tourism travel through Arkansas’ three largest commercial airports slowed in June, with only one of the three airports posting a positive enplanement number for the month. However, two of the three airports had enplanement gains for the first half of the year.

Wed, 07/29/2015 - 6:24pm

Boeing on Wednesday (July 29) broke ground on a new 290,000 square-foot facility in Oklahoma City that will house 800 employees.

Wed, 07/29/2015 - 3:32pm

A Wall Street-based nonprofit initiative funded and chaired by billionaire and former New York City Mayor Michael Bloomberg and former Clinton administration Treasurer Hank Paulson released a report Tuesday that says Arkansas’ soybean production could decline by 25% due to warmer temperatures cau

Wed, 07/29/2015 - 3:11pm

The Northwest Arkansas job market continues its record-setting pace of growth, with the region in June topping the 250,000 mark for the workforce size and topping the 240,000 mark for the number of employed.

Wed, 07/29/2015 - 2:48pm

The job market in the Fort Smith metro continues to make modest gains, with the region adding more than 2,600 jobs between June 2014 and June 2015. The size of the available regional labor force also grew by 1.94% in the year-over-year period.

Wed, 07/29/2015 - 2:44pm

It’s been a three-year journey but David Bursteen and Ines Brigman, owners of Legends Home Bedding, were recently informed their Elvis Presley bedding collection will be sold in select Wal-Mart Stores this fall.

Tue, 07/28/2015 - 6:42pm

The board of directors of ArcBest Corp. on Tuesday (July 28) declared a quarterly cash dividend of 6 cents per share to shareholders as of Aug. 11 and payable on Aug. 25.

Tue, 07/28/2015 - 5:49pm

NASA has awarded two grants totaling nearly $245,000 to Ozark Integrated Circuits Inc., a technology firm affiliated with the University of Arkansas.

Tue, 07/28/2015 - 1:05pm

The Rogers Planning Commission last week cleared the way for Wal-Mart Stores to build a grocery pickup site at its supercenter located at 4208 Pleasant Crossing Blvd.

Mon, 07/27/2015 - 9:19pm

This week 40 Walmart Supercenters will begin testing the closing of their stores at midnight and reopening at 6 a.m., as the retailer looks for ways to optimize store labor in accordance with peak shopping periods.

Mon, 07/27/2015 - 3:03pm

With the first two quarters of 2015 already in the history books, local and national economists predict a stronger economy in Northwest Arkansas, Fort Smith and the nation as a whole for the remainder of the year.

Mon, 07/27/2015 - 12:49pm

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