Business News

It flew under the radar for the most part, but a significant piece of legislation may make Arkansas a much easier place to start or run a business.

Mon, 04/20/2015 - 6:34pm

Tupelo, Miss.-based BancorpSouth reported Monday (April 20) that first quarter net income reached $32.2 million, up 13.3% compared to the 28.4 million in the first quarter of 2014. The earnings of 33 cents per share was on target with the consensus of analyst estimates.

Mon, 04/20/2015 - 6:00pm

The Millennial generation — consumers between 19 and 34 years of age — are nothing like their parents and grandparents.

Mon, 04/20/2015 - 5:26pm

The United Food and Commercial Workers International Union filed complaints with the National Labor Relations Board on Monday (April 20) stating that the 2,200 employees recently laid off at five Wal-Mart Stores were subject of “retaliation for their labor activism.”

Mon, 04/20/2015 - 5:22pm

Tonnage moved on the McClellan-Kerr Arkansas River Navigation System was down 8% during the first quarter thanks in large part to a 31% dip in outbound shipments and an 18% decline in sand, gravel and rock shipments.

Mon, 04/20/2015 - 4:17pm

Wal-Mart CEO Doug McMillon’s renewed focus on the “every day low price” model and away from promotional pricing may result in pressure on large and small suppliers near the boundaries of Wal-Mart’s 30% rule, which is the limit of sales the retailer wants any one supplier to have within its stores

Mon, 04/20/2015 - 4:12pm

Retail giant Wal-Mart Stores confirmed Friday (April 17) plans to eliminate the role of zone managers in its U.S. stores in the coming weeks. This impacts 14,000 workers who were told recently and given the opportunity to transition into other roles at like pay, the retailer said.

Sat, 04/18/2015 - 11:11pm

Whirlpool officials said Friday (April 17) they have paid more than $3 million to property owners harmed by pollution around the company’s former manufacturing plant in Fort Smith, and have settled claims with all but two property owners near the plant.

Fri, 04/17/2015 - 2:55pm

Matthew Waller was named interim dean of the Sam M. Walton College of Business at the University of Arkansas and will assume the duties of dean Eli Jones who is leaving the UA to return to his alma mater — Texas A&M.

Fri, 04/17/2015 - 10:35am

University of Arkansas Chancellor David Gearhart and his wife Jane, announced plans to make a $1 million donation to the college’s upcoming campaign efforts.

The campaign, known as Campaign Arkansas, is still in the organizational phase and will become public at a later date.

Fri, 04/17/2015 - 10:24am

As thousands of college seniors prepare to receive their degrees next month and then head out into the job market, a group of students from the University of Arkansas, University of Arkansas at Fort Smith and other regional institutions received a head start Thursday with a portfolio review.

Thu, 04/16/2015 - 7:39pm

In just under three years Kourtney and Beau Barrett have disrupted the fitness headband segment with Junk Brands, a growing custom headband manufacturing operation based in their hometown of Bentonville.

Thu, 04/16/2015 - 5:03pm

Mike Duke, the former CEO of Wal-Mart Stores Inc., has joined the global consumer and retail group of private equity firm The Carlyle Group.

He will began work at Carlyle this month, according to a release from the Washington, D.C.-based company.

Thu, 04/16/2015 - 3:26pm

Northwest Arkansas apartments reached a new high in occupancy as the 2015 began with apartments communities nearly full, reporting a 98% occupancy rate, according to the CBRE year end-2014 apartment market survey.

Thu, 04/16/2015 - 11:47am

Arkansas foreclosure activity continues to slow and are part of a national trend in which first quarter foreclosures were their lowest rate in 8 years, according to Irvine, Calif.,-based

Thu, 04/16/2015 - 9:48am

NorthWest Arkansas Community College President Dr. Evelyn Jorgenson announced a restructuring of her administrative team, effective immediately. 

Wed, 04/15/2015 - 10:32pm

More than three dozen employers and training providers plan to take part in the Fayetteville Chamber of Commerce annual job expo slated for Friday (April 24). The event will take place between noon and 3:30 p.m. at the Hilton Garden Hill Inn located at 1325 N. Palak Drive, Fayetteville.

Wed, 04/15/2015 - 8:21pm

The real estate market in Northwest Arkansas is heating up according to industry experts who report new and existing home sales, home prices and buyer demand are each showing signs of strength through the first quarter of 2015 – and that’s compared to healthy 2014 numbers.

Wed, 04/15/2015 - 6:57pm

Real estate agents in the Fort Smith metro area like what they are seeing from the local market to start 2015. 

Wed, 04/15/2015 - 6:38pm

With Gov. Asa Hutchinson and Mike Preston, his new jobs boss, in attendance, the mood was celebratory at the formal groundbreaking for the $30-plus million new corporate headquarters for Fort Smith-based ArcBest. But company CEO Judy McReynolds brought a sense of urgency.

Wed, 04/15/2015 - 6:13pm


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