Business News

$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

Fourth generation to lead George’s Inc.

Springdale-based George’s Inc. has appointed Carl George and Charles George as co-CEO and presidents for the chicken processing company.

Mon, 04/08/2013 - 12:40pm

Apple Inc. legend Wozniak: ‘Love what you’re doing’

Apple co-founder Steve Wozniak made his first-ever trip to Arkansas over the weekend, but he was not here to enjoy all the natural beauty the state has to offer or to meet with Wal-Mart executives about launching a new product line.

Mon, 04/08/2013 - 6:17am

Prepaid mobile grows and Wal-Mart wants its share 

Consumers converting to smart phone technology continues to rise, but the revenue derived from traditional postpaid customers is not keeping pace, according to a study by PricewaterhouseCoopers.

Sun, 04/07/2013 - 10:04pm

NWA beer distributor Bob McBride dies

Robert Owen “Bob” McBride, the longtime owner of Fayetteville-based McBride Distributing Inc., died April 4 in his Fayetteville home.

He was 72.

McBride assumed ownership of the Anheuser-Busch distributorship in 1964 following the untimely death of his father.

Sat, 04/06/2013 - 8:12pm

Beef packers shuffle: JBS acquires competitor's property

JBS S.A. announced plans to complete its acquisition of Brooks, Alberta-based XL Foods' US beef processing operations.

Fri, 04/05/2013 - 4:38pm

Expanded food recall of Farm Rich frozen products

Rich Products Corp. is recalling more than 10.5 million pounds of products produced at its Waycross, Ga., facility due to possible contamination with E. coli O121.

Fri, 04/05/2013 - 3:59pm

MovieLounge to add expo center, up to 40 jobs

Friday (April 5) brought news of the first indirect economic impact of Health Management Associates (HMA) bringing 500 jobs to Fort Smith.

Fri, 04/05/2013 - 3:56pm

Job losses hit transport sector in March

Transport Topics reports a loss of 6,900 trucking industry jobs during March, despite adding 5,700 jobs in February.

Trucking remains a somewhat volatile industry fiercely dependent on retail orders, manufacturing, housing and industrial production to create shipping demand.

Fri, 04/05/2013 - 2:33pm

Tyson Foods resolves EPA concerns over ammonia releases

Tyson Foods has agreed to pay almost $4 million in civil penalties to settle alleged violations related to eight accidental releases of anhydrous ammonia that happened over a four-year span and caused one death.

Fri, 04/05/2013 - 1:42pm

Acumen Brands raises $83 million in funding

Acumen Brands has received an $83 million investment to support future growth of its portfolio of e-commerce companies.

Fri, 04/05/2013 - 12:32am

More than 300 meat cuts to be renamed

In the next few months consumers may need a meat dictionary when they are shopping for pork butt, top sirloin steak or some 350 other cuts of red meat.

Thu, 04/04/2013 - 8:11pm

LeFlore County faces 'very gradual' growth

Ask just about anyone across LeFlore County and they will tell you the economy has been rocky in the county for the last few years.

But according to Karen Wages, chief executive officer of the Poteau Chamber of Commerce, there is hope on the horizon.

Thu, 04/04/2013 - 7:35pm

Short I-49 stretch to open in late 2014

It has been talked about for years and by the end of next year, residents will be able to drive along a small stretch of what will eventually be Interstate 49, which will stretch from Lafayette, La., to Kansas City, Mo.

Thu, 04/04/2013 - 6:33pm

Car-Mart executive sells shares

Eddie Hight, chief operating officer for America’s Car-Mart Inc., sold 4,000 shares of Car-Mart stock over the past week, according to insider trade filings made with the Securities and Exchange Commission.

Thu, 04/04/2013 - 4:14pm

Health Care Act: Knowledge gap continues

Politicians and health care professionals have been voicing their opinions about the Affordable Care Act for two years now, but the average consumer has barely paid attention.

Thu, 04/04/2013 - 3:27pm

HMA service center to bring 500 jobs to Fort Smith

Health Management Associates (HMA) will operate a regional service center in Fort Smith that will employ more than 500 with average annual salaries potentially exceeding $40,000.

It’s just what the doctor ordered for a regional economy that has seen better days.

Thu, 04/04/2013 - 2:46pm

Four UA teams qualify in Venture Labs event

The University of Arkansas is the first institution to have four teams win a qualifying competition for the Venture Labs Investment Competition.

In 2012, the UA was the first school to have three teams qualify.

Thu, 04/04/2013 - 6:59am

Sam’s Club faces heightened competition (updated)

It’s been more than 14 months since Rosalind Brewer, CEO of Sam’s Club, took the reins at the warehouse club and began shifting focus back toward small business members.

Wed, 04/03/2013 - 11:33pm

GE to locate oil & gas R&D center in Oklahoma

General Electric announced Wednesday (April 3) that it will build a $110 million “Oil & Gas Global Research Center” in Oklahoma that will create 125 high-wage jobs in the state.

Wed, 04/03/2013 - 5:31pm