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Business News

Horses for Healing (HFH) seeks volunteers across Northwest Arkansas to help make a positive difference in the lives of children with special needs across the region. HFH’s next session begins Sept. 16. Children will attend therapeutic riding lessons Tuesdays through Fridays for 12 weeks.

Wed, 08/20/2014 - 10:23pm

Tyson Foods has again extended the period for its tender offer to buy Hillshire Brands at $63 per share.

The new deadline is Aug. 26, and was extended as the food companies work through antitrust issues with the U.S. Department of Justice.

Wed, 08/20/2014 - 6:39pm

America’s Car-Mart management says its work to stem the onslaught on competition is paying off as the buy here, pay here used car company posted quarterly revenue of $127.376 million, up 3.94% from the same period last year.

Wed, 08/20/2014 - 6:30pm

Arvest Bank filed suit against its former bank president, H. Dennis Smiley Jr., his wife Cynthia and their business interest, Design for the Home LLC. The complaint filed Monday (Aug. 18) in Benton County Circuit Court spells out two loans made to Smiley in 2012, which are now delinquent.

Wed, 08/20/2014 - 5:34pm

More visitor traffic in Northwest Arkansas’ four largest cities helped push hospitality tax collections up 7% in the second quarter, compared to year-ago period.

Wed, 08/20/2014 - 4:06pm

Highland Pellets LLC, an Arkansas company, will build a $130 million, 500,000 metric ton wood pellet facility in Pine Bluff creating 35 jobs.

Highland Pellets is a privately held company with industry veterans from the wood pellet, finance, and energy markets.

Wed, 08/20/2014 - 3:22pm

Arkansas’ blue collar manufacturing base was once again the main workhorse in the state’s 3% economic growth in the fourth quarter of 2013, according to new state Gross Domestic Product (GDP) statistics released Wednesday (Aug. 20) by the U.S. Bureau of Economic Analysis.

Wed, 08/20/2014 - 12:53pm

Gasoline prices in Arkansas are nearing a seven-month low and should continue to see a gradual decline through Labor Day until the end of the year, the Energy Information Administration’s (EIA) forecasted in its recent short-term U.S. energy outlook.

Wed, 08/20/2014 - 12:39pm

The board of directors of the Winthrop P. Rockefeller Cancer Institute at the University of Arkansas for Medical Sciences announces the election of three new members from Northwest Arkansas.

Wed, 08/20/2014 - 9:54am

Wal-Mart Stores management has expressed no public interest in acquiring Family Dollar, which has takeover offers from Dollar Tree and Dollar General. The lack of interest by Wal-Mart doesn’t mean the retail giant will go unscathed by the results, according to retail experts.

Tue, 08/19/2014 - 6:45pm

Three broad reports note year-over-year tonnage and expenditure increases during July and the second quarter of 2014 in the U.S. freight industry, and suggest continued modest growth in the overall economy for the remainder of the year.

Tue, 08/19/2014 - 4:25pm

Don Foster has joined Arvest Bank in Berryville as a community lender.

Foster joins Arvest Bank after 25 years with Tyson Foods and is the owner and operator of a broiler and cattle farm in Green Forest.

Tue, 08/19/2014 - 12:09pm

Wal-Mart Stores, a self-proclaimed low cost retailer, is investing in a new private label brand aimed at wooing bottom-dollar customers from ALDI and Dollar General.

Tue, 08/19/2014 - 8:32am

Amazon recently removed the pre-ordering option for several DVD releases of Walt Disney Co. over a pricing dispute. But competitor Wal-Mart wasted no time in promoting pre-orders for the same films shunned by Amazon.

Mon, 08/18/2014 - 11:40pm

It was just four years ago that Trane laid off more than 200 at its Fort Smith facility, but production has returned and with it, so have many of the jobs lost in 2010.

Mon, 08/18/2014 - 5:16pm

Home sales in the Fort Smith area continue to show growth year to date, with Crawford County's sales volume up 40.25% and Sebastian County sales volume up 7.29%.

Mon, 08/18/2014 - 5:03pm

An unseasonably pleasant summer in Northwest Arkansas, expanding job base and growing population have helped keep home sales stable against last year’s stellar results.

Mon, 08/18/2014 - 4:57pm

Arkansas’ July jobless rate of 6.2% is well below the 7.7% of July 2013, but the decline of more than 26,000 in the state’s labor force and an employment decline of almost 6,000 in the year-over-year period indicates a struggling economy.

Mon, 08/18/2014 - 4:43pm

Northwest Health Systems and Willow Creek Women’ facility in Northwest Arkansas are among dozens of health providers within Community Health System’s operations to recently have their computers hacked.

Mon, 08/18/2014 - 3:12pm

Dollar General CEO Rick Dreiling and Board of Directors have entered a bidding war for rival Family Dollar with a $9.7 billion offer announced Monday (Aug. 18.). The bid to pay $78.50 per share for Family Dollar comes on the heels of Dollar Tree’s $8.5 billion, or $74.50 per share deal.

Mon, 08/18/2014 - 1:29pm


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