Northwest Arkansas


UK Regulators Block Sale of Walmart's Asda Unit to Competitor
An Asda Superstore in Hartlepool, England.

UK Regulators Block Sale of Walmart's Asda Unit to Competitor

by Associated Press – 12 hours ago

British regulators blocked Sainsbury's $9.4 billion purchase of Walmart's Asda unit on Thursday amid concerns the deal would have increased prices and reduced the quality and range of products available. For Walmart, it's another setback in its effort to export its low-price strategy around the world.

Walmart Experiments with AI to Monitor Stores in Real Time

Walmart Experiments with AI to Monitor Stores in Real Time
12 hours ago

Walmart, facing fierce competition from Amazon and other online retailers, is experimenting with digitizing its physical stores to manage them more efficiently, keep costs under control and make the shopping experience more pleasant.


USA Truck Reports Another Profit

USA Truck Reports Another Profit

Transportation

USA Truck Inc. of Van Buren reports quarter net income of $1.5 million, up from $1.03 million in the same quarter a year ago — its second consecutive first quarter of profitability. read more >

NanoMech Files Plans to Sell Company

NanoMech Files Plans to Sell Company

LegalTechnology & Telecom

NanoMech Inc. of Springdale, which filed Chapter 11 bankruptcy protection earlier this month, has filed plans to sell the company at auction in June. read more >

Booming Economy in NWA Fuels Area's Private Aviation

Booming Economy in NWA Fuels Area's Private Aviation This article is available only in print.

Restaurants & FoodTransportationCover Story

It doesn't take a numbers guru to know that things are adding up for the Fayetteville Executive Airport at Drake Field. Summer Fallen, the airport service manager, says the airport has felt the positive effects of a strong economy in northwest Arkansas. read more >

Arkansas Business to Honor 2019 40 Under 40 Class

Arkansas Business to Honor 2019 40 Under 40 Class

Banking & FinanceHealth CareLegalRestaurants & FoodTechnology & TelecomTransportation

Arkansas Business will once again honor the state's outstanding young professionals at a luncheon for its 40 Under 40 class. You can order tickets here. read more >

PAM Transport Reports Its Most Profitable 1Q Ever

PAM Transport Reports Its Most Profitable 1Q Ever

Transportation

PAM Transport Services Inc. of Tontitown continued its year-long streak of record income with $8.3 million for the quarter, an increase from the $1.4 million in the same quarter a year ago. Diluted earnings per share also rose sharply to $1.39, up from 22 cents in 2018. read more >

NanoMech Files for Chapter 11 Reorganization

NanoMech Files for Chapter 11 Reorganization

LegalTechnology & Telecom

The Springdale nanotechnology firm estimates both its debts and its assets as between $10 million and $50 million. Documents say the company has struggled through continual losses from operations together with slow revenue growth. read more >

Springdale Hopes Opportunity Strikes

Springdale Hopes Opportunity Strikes

Banking & Finance

Daniel Hintz knows about revitalizing a city's downtown area and believes a new federal tax program could be just the ticket for Springdale's budding efforts. read more >

Mercy Promotes Director, VP (Movers & Shakers)

Mercy Promotes Director, VP (Movers & Shakers)

Health CareMovers & Shakers

Will Tommey has been promoted to director of operations at Mercy Hospital and Mercy Clinic in northwest Arkansas. Vanessa Harper was promoted to vice president of operations at Mercy Hospital Northwest Arkansas in Rogers. read more >

Tyson Ventures Invests in Clear Labs Inc.

Tyson Ventures Invests in Clear Labs Inc.

Restaurants & Food

Tyson Ventures, the venture capital arm of Tyson Foods Inc. of Springdale, has invested in Clear Labs Inc. of Menlo Park, California, a food testing and safety company, Bloomberg reports. read more >

UA's CBER to Host Quarterly Business Analysis on May 16

UA's CBER to Host Quarterly Business Analysis on May 16

Banking & FinanceHealth CareRestaurants & FoodTechnology & TelecomTransportation

The Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas will present its regular Quarterly Business Analysis on May 16 in Fayetteville. read more >