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.
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.
A majority of legislators from Northwest Arkansas and Fort Smith who responded The City Wire’s question about the future of the Lt. Governor’s office oppose an existing proposal to do away with the Constitutional office.
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.
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.
At the first Fort Smith Library Board of Trustees meeting following the failed millage increase election on Aug. 12, the board and management of the library are expecting budget cuts for the 2015 fiscal year.
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.
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.
Bonds that will pay for construction of the new Crawford County jail were issued Monday (Aug. 18), with rates coming in lower than expected saving the county about $50,000, according to County Judge John Hall.
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.
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.
Houston-based Kinder Morgan’s $70 billion tax-friendly deal to bring all of its energy assets under one corporate umbrella and stock symbol will not have an impact on the pipeline giant’s Arkansas operations, company officials said.