Wed 03|10|10

Business

Shale mining, I-49 dominate Chaffee meeting

story and photo by Marla Cantrell
mcantrell@thecitywire.com

There’s a hell of a lot of shale at Chaffee Crossing — more than $1 million dollar’s worth.

Tyson Foods receives upbeat debt rating review

Executives with Springdale-based Tyson Foods Inc. who recently predicted financial improvements in 2010 were afforded a favorable second opinion Tuesday (Mar. 9) from Fitch Ratings.

Management often more critical than finance

Stockman says entrepreneurs must take an honest look at their strengths and weaknesses.

Regional building activity off to a slow start

Building activity in the Fort Smith area doesn’t yet support expectations and/or hopes that 2010 will be better than 2009.

The value of permits issued by Fort Smith during January and February total $16.803 million, down 12.9% from the same period in 2009. Greenwood permits in February totaled $2.562 million, down 13.7% compared to February 2009.

U.S. jobless rate stands at 9.7%; ‘discouraged worker’ levels increase

The U.S. economy lost 36,000 jobs in February and the national unemployment rate held steady at 9.7% with the number of unemployed persons unchanged at 14.9 million, according to a Friday report from the U.S. Department of Labor.

Traffic levels fall at Fort Smith Regional Airport

Enplanements at the Fort Smith Regional Airport for the first two months of 2010 total 10,751, down 2% from the same period in 2009.

Unfortunately, the total enplanements in 2009 was the lowest at the airport since 1986.

High-profile insurance investigation has Fort Smith connection (Updated)

Editor's note: See updated comments from Steve Standridge Insurance at the end of the story.

Regional bankruptcies and incorporations

Following are recent bankruptcy and incorporation filings from Crawford, Franklin, Logan and Sebastian counties. The information is provided by The Daily Record. a Little Rock-based news and legal information publisher.

• BANKRUPTCIES
Crawford County

Ozark business, civic leaders not happy with good enough

story by Michael Tilley
mtilley@thecitywire.com

Craig Ferguson, the Scotland native who hosts The Late Late Show with Craig Ferguson, cracks blue and cutting jokes about presidents, popes and pretty much anything.

Except for Ozark, Arkansas.

State revenue collections continued downward trend

Total tax collections in Arkansas continued to decline in February, with the rate of decline higher than that seen in January.