Energy Archive

Long-Delayed Nuclear Plant in Tennessee Nears Completion

by Associated Press 5/11/2015 11:30 am

Tom Wallace started working at the Watts Bar nuclear plant as a young man in 1979, hoping he could eventually become a reactor operator.

The Business Value of Listening (Barry Goldberg On Leadership)

by Barry Goldberg 5/11/2015 12:00 am

There are reams of articles on listening, with approaches that vary widely. Most of what is required to listen, however, is to pay attention, remove distractions and remain fully present for the work in front of us.

West Memphis Moves Forward with $10.9M Rail Project

by Mark Friedman 5/11/2015 12:00 am

The city of West Memphis hopes to get the final approval by the end of this month to start work on a $10.9 million project to expand railroad infrastructure to service the city's port.

$10M Monticello Water Project Lands in Court

by Mark Friedman 5/11/2015 12:00 am

An attorney for the city of Monticello was shocked to learn that an Illinois contractor hired for a $10 million water project sued the city on April 21, the very day the two parties were in mediation. The origins of the dispute date back to 2011, when Siemens Industry Inc. of Buffalo Grove, Illinois, began looking at the water system in the city of about 10,000 people.

Enrollment Continues Post-Recession Slump at Top Universities, Colleges

by Gwen Moritz 5/11/2015 12:00 am

College enrollment in Arkansas topped out in the 2011-12 academic year, the second year of lottery scholarships when the state's unemployment rate was near its post-recession peak.

Professional Degrees Edge Doctoral in Earnings, Unemployment Rates

by Arkansas Business Staff 5/11/2015 12:00 am

The education categories in the graphic reflect only the highest level of education attained. They don't take into account completion of training programs in the form of apprenticeships and other on-the-job training, which may also influence earnings and unemployment rates.

US Employers Add 223K Jobs, Rate Falls to 5.4 Percent

by Associated Press 5/8/2015 11:36 am

U.S. employers added 223,000 jobs in April, a solid gain that suggests the economy may be recovering after stumbling at the start of the year.

Fort Smith Keeps Top Spot in Arkansas Tech Business Index

by Arkansas Business Staff 5/6/2015 08:45 am

Fort Smith retained the top spot in the latest Arkansas Tech Business Index, released Wednesday. It has led the index in 10 of the 14 months Tech has produced the ATBI.

Retail Sales, Margins Boost Murphy USA's 1Q Profit

by Sean Beherec 5/5/2015 10:21 am

Murphy USA Inc. of El Dorado reports a strong start to its new fiscal year, with first-quarter net income of $22.9 million, up more than 138 percent from $9.6 million in the same quarter last year.

Supreme Court Will Hear Appeal Over Energy Regulation

by Associated Press 5/4/2015 01:09 pm

The Supreme Court said Monday it will hear a dispute over a regulation that offers financial incentives to factories, retailers and other large electricity users to reduce their power consumption.

Get Tickets Now to Arkansas Business Power Breakfast on Women Business Leaders

by Arkansas Business Staff 5/4/2015 10:48 am

Tickets are available to the next Arkansas Business Power Breakfast, which features experts who will share strategies on recruiting, retaining and inspiring women in the workplace to be leaders.

National Gross Domestic Product Increases 2.4 Percent

by Arkansas Business Staff 5/4/2015 12:00 am

Real gross domestic product in the United States rose 2.4 percent last year compared with the previous year. Expanding were the private goods and private services sectors, while the government sector declined.

Consolidation Pares Roster of Arkansas Banks

by Gwen Moritz 5/4/2015 12:00 am

2014 started with 120 separate banks chartered in Arkansas and ended with 109. Two have become inactive in 2015.

April Economic Report Suggests Slow Growth Ahead in Midwest

by Associated Press 5/1/2015 07:33 am

A new monthly survey report says April results suggest that slow economic growth remains ahead for nine Midwestern and Plains states.

Oil Price Drop Drives Murphy Oil to $14.4M 1Q Loss

by Sean Beherec 4/29/2015 04:27 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a net loss of $14.4 million, or 8 cents per diluted share, in the first quarter of the year, citing a drop in oil prices. Murphy Oil said that was down from a net income of $155.3 million, or 85 cents per diluted share, during the same period last year. Income from continuing operations during the first quarter was $3.5 million compared to $169.3 million last year.

Noting Slower Economy, Fed Appears No Closer to Rate Hike

by Associated Press 4/29/2015 02:35 pm

The Federal Reserve took a gloomier view of the U.S. economy Wednesday after a winter in which growth nearly froze. It offered no sign that a rate increase might be coming soon.

Murphy Oil CEO Undergoes 'Unscheduled Medical Procedure'

by Sean Beherec 4/28/2015 03:43 pm

Murphy Oil Corp. of El Dorado on Tuesday said company CEO Roger Jenkins had undergone an "unscheduled medical procedure" earlier in the day. The company said in a news release that the procedure "went well" and that Jenkins was expected back in the office next week.

AHTD Director Scott Bennett Says Putting Plans on Hold Could Hurt the Road

by Arkansas Business Staff 4/27/2015 12:00 am

Scott Bennett began his career at the AHTD as a summer employee. After graduating college in 1989, he started working full time for the department's Planning & Research Division as a civil engineer.

Fouling a National River Is Bad for Business (Vic Snyder & Ed Bethune Commentary)

by Ed Bethune and Vic Snyder 4/27/2015 12:00 am

Recently, food giant Cargill placed a hog factory in the watershed of America's first National River. The Buffalo River in the Arkansas Ozarks was deemed to be of such unique ecological value that congressional Republicans and Democrats joined together to preserve it.

Transportation, Retail Companies Hoping to Keep Up With Supply Chain

by Marty Cook 4/27/2015 12:00 am

Supply chain dynamics don't often get big laughs, but it wasn't a tough crowd last week at the Reynolds Center for Enterprise Development on the University of Arkansas campus in Fayetteville.