People & Business News

Struggling retailer Sears Holdings Corp. will lay off at least 5,457 employees and close more than 100 stores, many before Christmas, according to a Seeking Alpha report citing liquidation notices and employees.

Thu, 10/23/2014 - 10:41am

Northwest Medical Center – Springdale and Northwest Medical Center – Bentonville were recently reaccredited by The Joint Commission for their Total Joint (hip and knee replacement) Programs.

Wed, 10/22/2014 - 4:55pm

Target CEO Brian Cornell is wasting no time in trying to rev up the retailer’s sales between now and Christmas with a bold move to offer free delivery for online purchases through Dec. 20.

Wed, 10/22/2014 - 11:32am

Home BancShares Inc., parent company of Centennial Bank, has appointed Thomas Longe to its board of directors.

Tue, 10/21/2014 - 7:00pm

Arvest Mortgage Company announced Tuesday (Oct. 21) that it originated more than $1 billion in mortgage loans – both refinance and purchase money loans – through Sept. 30, 2014. Arvest said it had closed a total of 6,853 loans with combined loan value of $1,012,205,070 by Sept.

Tue, 10/21/2014 - 1:48pm

Faculty and students at John Brown University are developing a drinking water disinfection system for rural Guatemala with the help of an Environmental Protection Agency (EPA) grant of $14,520.

Tue, 10/21/2014 - 1:25pm

First National Bank of NWA – formerly First National Bank of Rogers –  has announced it has received regulatory approval to build a branch at 402 SW A. Street in Bentonville,  a site the bank acquired earlier this summer.

Tue, 10/21/2014 - 1:00pm

The Crawford County Quorum Court on Monday (Oct. 20) approved appropriation reallocation requests for the Election Commission and the assessor's office.

Mon, 10/20/2014 - 9:16pm

BancorpSouth posted gains in key revenue categories but non-diluted earnings of 32 cents per share narrowly missed the consensus analyst estimate of 33 cents per share.

Tupelo, Miss.-based BancorpSouth has operations in the Northwest Arkansas and Fort Smith and Fort Smith areas.

Mon, 10/20/2014 - 9:09pm

The Northwest Arkansas Council and The ARK Challenge on Monday (Oct. 20) were recognized with a top award given out by the world’s largest professional organization for economic development practitioners.

Mon, 10/20/2014 - 4:30pm

Walmex CEO Scot Rank, who has overseen Wal-Mart’s Mexican business unit for five years, will step down from that role at the end of this year. Rank will transition to vice-chairman of Wal-Mex effective Jan. 1, 2015.

Mon, 10/20/2014 - 12:34am

Darden Restaurants has named Bill Simon, former CEO of Walmart U.S., to its board of directors.

Fri, 10/17/2014 - 11:59am

At a meeting of the Fort Smith Port Authority Thursday (Oct. 17), Ports of Fort Smith and Van Buren operator Marty Shell updated authority members on an application for grant money to build a new storage building at the Fort Smith port.

Fri, 10/17/2014 - 11:28am

The Fort Smith Comprehensive Plan Steering Committee received its first draft of the final proposed plan Thursday (Oct. 17) that will eventually be submitted to the Fort Smith Board of Directors for approval later this year.

Fri, 10/17/2014 - 11:27am

After 27 years of affiliation with the University of Arkansas at Fort Smith and the university’s earlier iterations, the Leadership Fort Smith Program will operate as a program of the Fort Smith Regional Chamber of Commerce beginning June 30, 2015.

Thu, 10/16/2014 - 5:23pm

Home Bancshares, parent company of Centennial Bank, reported a third quarter profit of $27.4 million, or 41 cents diluted earnings per share. One year ago, the Conway-based financial institution reported $18.4 million in earnings, or 33 cents diluted earnings per share.

Thu, 10/16/2014 - 12:27pm

Recent John Brown University alumnus Marcel Guadrón received the Grand Prize for Short Film for his film, “Undercover,” at the South Central Broadcasting Society’s regional conference.
 

Thu, 10/16/2014 - 12:13pm

Arkansas Gov. Mike Beebe made the following appointments or reappointments to state boards and commissions.

Dr. David Beasley, Jonesboro, to the State Board of Licensure for Professional Engineers and Professional Surveyors. Appointment expires July 1, 2016. Replaces Sherman Smith.

Tue, 10/14/2014 - 1:34pm

Arvest Bank said it will offer Apple Pay to its customers joining the ranks of Bank of America, Chase, Citi and Wells Fargo who have signed on to the mobile pay option unveiled by Apple on Sept. 9.

Mon, 10/13/2014 - 4:04pm

Centennial Bank announces two new promotions at its Fayetteville headquarters. Kevin Thompson was promoted to senior vice president of lending and Nathan Harris was promoted to vice president of commercial lending, according to Blake Holzhauer, Northwest Arkansas chief lending officer.  

Mon, 10/13/2014 - 12:16pm

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