Business News

HMA center impact could total 760 jobs

Prior to the January 2009 purchase by FSM Redevelopment Partners of the crumbling former Phoenix Village Mall, Lance Beaty simply intended to generate a modest income by converting Arkansas’ first enclosed mall into warehouse spac

Thu, 04/11/2013 - 3:38pm

Tyson recognizes 'Premier Carriers'

Tyson Foods Inc. has named 18 of its vendor carriers as “Premier Carries of the Year” for 2013. This is the second year the company has selected carriers for the honor.

Thu, 04/11/2013 - 8:15am

Foreclosure filings pick up in March

Foreclosure starts edged higher in March for Benton, Washington and Crawford counties, while Sebastian County filings dipped from the year-ago period, according to

Wed, 04/10/2013 - 11:09pm

Zero Mountain captures Butterball honor

Butterball has named Zero Mountain Inc. as the Warehouseman of the Year for 2012.

Wed, 04/10/2013 - 9:46pm

UA teams win top awards at business plan competition

Winners of the 2013 Donald W. Reynolds Governor’s Cup Collegiate Business Plan Competition were announced today at a luncheon hosted at the Statehouse Convention Center in Little Rock.

Wed, 04/10/2013 - 6:21pm

U.S., Arkansas economy on slow, steady growth path

The near-term outlook for the U.S. economy is “bullish,” and growth in the top three metro regions in Arkansas ranges between concerns of too little and too much, according to a segment of fourth quarter 2012 analysis included in The Compass Report.

Wed, 04/10/2013 - 5:52pm

India seeks extension in Wal-Mart ethics probe

Multiple news sources in New Delhi report that a retired judge leading the probe into Wal-Mart’s Indian retail investments needs more time to investigate the matter.

Wed, 04/10/2013 - 5:19pm

Traffic, business shifts noted from I-540 work

Since the start of more than $78 million in construction on Interstate 540 in Fort Smith and Van Buren on Jan. 28, shifts in traffic have taken thousands of cars onto different routes all across the area.

Wed, 04/10/2013 - 4:34pm

Arvest adds commercial lender in Bentonville

Arvest Bank announced that Ruthanne Whitehead has accepted a position as a commercial lender at the bank’s downtown Bentonville location.

Wed, 04/10/2013 - 2:33pm

Beef industry loses valuable forecasting tool

While beef packers like Tyson Foods and Cargill were spared any major setbacks from meat inspector lay-offs following the federal sequestration budget cuts, they did lose a forecasting tool when the U.S. Department of Agriculture suspended its July Cattle Report.

Wed, 04/10/2013 - 12:44pm

Wal-Mart has several acquisition options

Holding $7.33 billion in cash at the end of fiscal 2013, Wal-Mart has lots of options on how to expand its global reach through acquisitions in Turkey, Colombia and other nations.

Wed, 04/10/2013 - 6:20am

Trimble to receive Jack White Leadership award

Melody Trimble, the former CEO of Sparks Health System, has been named the recipient of the Jack White Leadership Fort Smith award.

Tue, 04/09/2013 - 7:30pm

Half-cent sales tax projects coming into fruition

Often times when a new tax is started, it can be hard for taxpayers to see the visual benefits of their money being used by the government. Or at least, it takes a really long time for that evidence to be apparent.

Tue, 04/09/2013 - 7:07pm

Inventory rise at Wal-Mart a concern for suppliers

Consumers want more choices and Wal-Mart seeks to deliver with a wide range of products in hopes their customers will fill keep filling those shopping carts, and feeding the retailer’s “cash cow” supercenters.

Tue, 04/09/2013 - 4:51pm

Fort Smith Board upset with Whirlpool communication

The Fort Smith Board of Directors are not at all happy about what they see as poor communication from Whirlpool related to the company’s pollution issue around its former Fort Smith manufacturing plant.

Tue, 04/09/2013 - 4:22pm

Whirlpool submits revised TCE mitigation plan

Whirlpool has submitted a revised remediation plan for the company's former Fort Smith manufacturing site and surrounding areas contaminated by trichloroethylene (TCE), a potentially cancer causing chemical that Whirlpool has admitted leaked from its facility on the city's south side.

Mon, 04/08/2013 - 8:49pm

Film industry taking notice of Arkansas (updated)

A recent amendment to a 2009 Arkansas law is already making a buzz in the film industry and local people in the industry hope that buzz only gets louder.

Mon, 04/08/2013 - 7:12pm

Canada: New battleground for U.S. retailers

Big box retailers Wal-Mart and Target are no strangers to competition, going head-to-head in the U.S. market for more than four decades. But the latest frontier for these two players lies north of the border in Canada.

Mon, 04/08/2013 - 4:00pm

$30 million Trust lawsuit filed in Newton County

Likely to garner broad interest is an estimated $30 million inheritance-related lawsuit filed in Newton County, Arkansas, involving family members of Banquet Foods founder Howard Stamper and the Metropolitan Museum of Art, Red Cross, Greenpeace, the National Audubon Society, the ACLU, PETA, the M

Mon, 04/08/2013 - 3:11pm