Northwest Arkansas Archive

Pernod Ricard to Bottle Malibu Rum in Fort Smith

by Arkansas Business Staff 10/10/2016 11:39 am

Pernod Ricard USA of New York says it will expand its Fort Smith production facility in order to bottle its Malibu Rum brand sold to Wal-Mart Stores Inc. of Bentonville.

New Bentonville Shopping Center Soon To Open

by Arkansas Business Staff 10/10/2016 12:00 am

Construction on a 12,000-SF retail center in south Bentonville should be completed by the end of the month.

Developer Brandon Woodrome's $2M Fraud Seen From The Inside

by Mark Friedman 10/10/2016 12:00 am

In 2013, the year he turned 26, Brandon Woodrome's Fort Smith construction company generated $10.2 million in revenue, and Woodrome had a number of projects in the pipeline. But things weren't what they seemed.

Anchor, Meterologist Leave KHBS/KHOG

by Kyle Massey 10/10/2016 12:00 am

KHBS/KHOG anchor Ugochi Iloka has left northwest Arkansas for a job at WBRC, Fox 6, which is based in Birmingham, Alabama. Just two days before that, meteorologist Brad Carl made his final appearance

Technological Advances Key to Any Business' Success, Says Kevin Turner

by Marty Cook 10/7/2016 04:38 pm

Digital technology represents the fourth industrial revolution of the U.S., according to CEO of Citadel Securities Kevin Turner at the Northwest Arkansas Technology Summit.

Tyson Foods Shares Fall After 'Sell' Rating From Analyst

by Associated Press 10/7/2016 02:12 pm

Tyson Foods shares tumbled Friday, after a Wall Street analyst said a recent lawsuit could hurt the chicken producer.

Report: Wal-Mart Rejected Settlement with US Over Alleged Bribery

by Reuters 10/7/2016 11:33 am

Wal-Mart Stores Inc. of Bentonville rebuffed a proposal by U.S. prosecutors to pay at least $600 million to settle a corruption probe into the company's practices in markets including Mexico, India and China, Bloomberg reported.

Ecoark's Magnolia Solar Signs Agreement to Commercialize Technology

by Arkansas Business Staff 10/6/2016 03:07 pm

Ecoark Holdings Inc. of Rogers says its wholly owned subsidiary Magnolia Solar Inc. has signed a teaming arrangement with India-based InSolare Energy to bring Magnolia's solar photovoltaic technology to market.

Wal-Mart Plans to Slow New Store Openings, Invest in Online

by Anne D'Innocenzio, The Associated Press 10/6/2016 06:48 am

Wal-Mart Stores Inc. is planning to slow new store openings as it looks to pour more money into its online efforts, technology and store remodels. The retailer also says it anticipates fiscal 2018 earnings per share being about flat versus its fiscal 2017 adjusted earnings per share.

Tyson Announces $1.1M in Grants, Donations to Chicago Area

by Arkansas Business Staff 10/5/2016 10:58 am

Tyson Foods Inc. of Springdale says it gave more than $1.1 million in community grants and product donations to the greater Chicago area during its 2016 fiscal year.

Tyson Foods to Pay $1.6M to Settle Hiring Charges

by Associated Press 10/4/2016 03:01 pm

Tyson Foods Inc. has agreed to pay $1.6 million to settle federal allegations of hiring discrimination at six plants in Arkansas, New Mexico and Texas.

4 Airlines To Make Proposal for Service at Harrison Airport

by Associated Press 10/4/2016 12:45 pm

The Boone County Airport manager says four airlines plan to make proposals for service at the Harrison airport, which has been without commercial flights after SeaPort Airlines filed for bankruptcy last month.

Walton Family Foundation Gives $10M for Scholarships

by Arkansas Business Staff 10/3/2016 01:23 pm

University of the Ozarks announces a $10 million endowment from the Walton Family Foundation that will help promising students from low- and middle-income families.

Merger Talk Developing Between Pinnacle, Central Banks

by Arkansas Business Staff 10/3/2016 12:00 am

Central Bank had $115.3 million in assets and $17.65 million in equity capital as of June 30. Pinnacle Bank had $89.5 million in assets and $10.4 million in equity capital at midyear.

Centerton Property Purchased With Apartments Planned

by Arkansas Business Staff 10/3/2016 12:00 am

A 250-unit apartment complex is planned in Centerton after a $2.2 million land purchase.

Plans in Place for Siloam Springs Retail Center

by Arkansas Business Staff 10/3/2016 12:00 am

Bentonville developer Jason Pullman said construction on a planned 11,300-SF retail center in Siloam Springs should begin in November after it gets approval from the city.

Arkansas Hospitals Face Lawsuits After Refusing Insurance

by Mark Friedman 10/3/2016 12:00 am

Complaints in Arkansas are challenging the growing and controversial practice of hospitals refusing to accept the health insurance of patients who have been injured by the actions of others.

Arkansas Hospitals Report Healthier Results in 2015

by Mark Friedman 10/3/2016 12:00 am

On the annual checkup of hospitals, 61 out of the 86 hospitals on this year's list of the state's largest hospitals and medical centers — 71 percent — reported making money. That compares with 62 percent on the list that ran in 2013, just before the main features of the Patient Protection & Affordable Care Act took effect.

Northwest Arkansas Egg Farmers Turned Out to Pasture

by Marty Cook 10/3/2016 12:00 am

A collapsed egg market and a contract loophole with their integrator have some egg producers in northwest Arkansas and east Oklahoma worried about survival.

Canal Growth Could Tighten Traffic on Arkansas Interstates (Craig Douglass On Consumers)

by Craig Douglass 10/3/2016 12:00 am

June was a big month for commercial transportation and its benefits to consumers. On June 29, the Interstate Highway System turned 60. And on June 26, the expansion of the Panama Canal was completed, more than doubling the ship-board container capacity of the canal, which was built in 1914.


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