Northwest Arkansas Archive

J.B. Hunt Gives $5M to Arkansas Children's Northwest

by Mark Friedman 5/19/2016 10:23 am

J.B. Hunt Transport Services of Lowell announces a $5 million donation to Arkansas Children's Hospital's northwest Arkansas hospital, now under construction in Springdale.

Wal-Mart 1Q Results Beat Forecasts, Boost Share Price

by Associated Press 5/19/2016 06:41 am

Surprisingly strong sales at Wal-Mart and an optimistic outlook from the world's largest retailer lifted a pall that settled over the entire sector this week. Sales at U.S. stores open at least a year rose 1 percent, the seventh consecutive quarterly increase. The company's shares jumped 9 percent before the opening bell Thursday.

US Marshals Museum Announces CDI Contractors as Consultant

by Alexis Hosticka 5/18/2016 11:43 am

The U.S. Marshals Museum today announced it has named CDI Contractors of Little Rock as the construction consultant for its 50,000-SF facility and is working to complete the building's schematic architectural design.

Former Fort Smith Insurance Agent Indicted for Investment Fraud

by Gwen Moritz 5/17/2016 03:33 pm

An indictment unsealed Monday by federal prosecutors in Fort Smith accuses William Jackson Moates Jr. of operating a Ponzi scheme that defrauded more than a dozen clients out of more than $2 million.

Developer Brandon Woodrome Accused of $6 Million Loan Fraud

by Arkansas Business Staff 5/16/2016 12:00 am

Rioux Capital of Austin, Texas, charges northwest Arkansas developer Brandon Woodrome with committing fraud.

Business Travel Fuels Uber Growth in Arkansas

by Kyle Massey 5/16/2016 12:00 am

Business travelers needing a ride in Arkansas are increasingly using their thumbs — not to hitchhike, but to tap the Uber app on their smartphones.

Uber Job Helped Veteran Jason Shelby Heal

by Kyle Massey 5/16/2016 12:00 am

Jason Shelby, who has moved from Fayetteville to Bentonville, now has his master's degree and has fielded offers to become an athletic trainer, but with earnings of up to $1,200 in a good week, he says he's sticking with Uber.

New Walton College Dean Matt Waller Confronts E-Commerce Revolution

by Jan Cottingham 5/16/2016 12:00 am

Matt Waller is the new dean of the Walton College of Business at the University of Arkansas at Fayetteville, after having served as interim dean since June 1.

Walton College of Business Scholarship Reaches Out to ‘Underrepresented'

by Jan Cottingham 5/16/2016 12:00 am

Among the items on his to-do list as dean, Matt Waller said, is ensuring the success of the Fleischer Scholars Program, a scholarship program that seeks to draw students from “underrepresented” parts of Arkansas to the Walton College of Business.

Arkansas Trucking Firms Work To Diversify Industry

by Marty Cook 5/16/2016 12:00 am

A quick scan of boards for trucking companies based in Arkansas reveals, as one might expect, a heavy dose of white males. Changing that, executives said, is not just a matter of political correctness but also sound business.

Hilary Hunt Moves to KNWA/KFTA

by Kyle Massey 5/16/2016 12:00 am

Hilary Hunt's Hunt's last day at Little Rock's NBC and Fox affiliates will be May 27, but she will still be working for the Nexstar Broadcasting Group. KNWA is Nexstar's NBC affiliate in northwest Arkansas; KFTA is its Fox station.

Michelle Smith Joins BancorpSouth Branch in Fort Smith (Movers & Shakers)

by Arkansas Business Staff 5/16/2016 12:00 am

Michelle Smith has been hired by BancorpSouth Bank as an assistant vice president and manager of the Riley Farm branch in Fort Smith. Smith, who has 26 years of banking experience, was previously with Simmons Bank.

Wal-Mart Shareholder Suit Over Bribery Allegations Dismissed

by Associated Press 5/13/2016 12:53 pm

A judge has dismissed a shareholder lawsuit over alleged bribery involving Wal-Mart's operations in Mexico.

Report: US Poultry Workers Forced to Wear Diapers on Job

by Associated Press 5/12/2016 09:33 am

A report from international advocacy group Oxfam says poultry workers in the United States labor in a "climate of fear," with some forced to wear diapers on the job.

Wal-Mart Sharpens Amazon Attack With 2-Day Delivery Service

by Associated Press 5/12/2016 09:12 am

The world's largest retailer is trimming its free-shipping pilot program from three days to two for members, and cutting a dollar off the membership price, which is now $49 per year.

Pulaski Tech Board Votes to Partner With UA System

by Alexis Hosticka 5/11/2016 11:15 am

The Pulaski Technical College board of trustees unanimously approved a motion to enter into a formal partnership with the University of Arkansas System at a special meeting on Wednesday.

Wal-Mart sues Visa in Dispute Over Chip-Enabled Debit Cards

by Associated Press 5/10/2016 03:24 pm

Wal-Mart is suing Visa Inc., charging the payment network is not allowing the retail giant to let customers verify chip-enabled debit card transactions with what it believes is a more secure method: personal identification numbers.

Wal-Mart, Walmart Foundation Give $8M to Arkansas Children's Northwest

by Mark Friedman 5/9/2016 01:10 pm

Wal-Mart Stores Inc. and the Walmart Foundation are donating $8 million to Arkansas Children's Hospital's northwest Arkansas hospital, now under construction in Springdale.

Sparks Health System Names Assistant CEO

by Arkansas Business Staff 5/9/2016 10:24 am

Aimee Arzoumanian is now the assistant CEO of Sparks Health System. Arzoumanian will oversee operations at Sparks Medical Center – Van Buren, as well as select departments at Sparks Regional Medical Center in Fort Smith.

Net Income Up 40 Percent, Tyson Foods Raises Earnings Guidance

by Lance Turner 5/9/2016 10:06 am

Tyson Foods Inc. of Springdale on Monday reported a 40 percent increase in first-quarter net income and raised its guidance for fiscal-year earnings.