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MEAT PRICES RISE TO RECORD LEVELS In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago. Unlike last year, lack of supply is not the issue. Year-to-date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels,”Peel said.
SIMMONS FIRST ACQUIRES TWO TENNESSEE BANKS IN $278 MILLION Pine Bluff-based Simmons First National Corp. announced Monday (June 7) it will acquire Landmark Community Bank and Triumph Bancshares, two Tennessee banks, in a combined transaction worth $277.9 million. Landmark Community Bank is based in NONPROFIT USES TECHNOLOGY TO STUDY CLOTHING DURABILITY Nonprofit uses technology to study clothing durability. Study participants used their smartphones to scan credit card-size tags to track their clothing usage. Global nonprofit The Sustainability Consortium (TSC), which is jointly administered by the University of Arkansas and Arizona State University, recently released a study onhow technology
LAVACA RESIDENT CHARGED IN $143 MILLION FRAUD SCHEME Billy Joe Taylor of Lavaca was charged with fraud related to COVID-19 testing as part of a nationwide investigation into health care fraud schemes that exploited the pandemic and resulted in more than $143 million in false billings, according to the U.S. Department of Justice. The DOJ on Wednesday AUSTIN BOOTH NAMED AS DIRECTOR OF ARKANSAS GAME & FISH Austin Booth named as director of Arkansas Game & Fish Commission. The commissioners of the Arkansas Game and Fish Commission unanimously voted Thursday (May 27) to approve Austin Booth, a native of Scott, to become the agency’s 19th director in its 106-year history. He will replace director Pat Fitts when he retires from the agency on June 30. STATE INSURANCE DEPARTMENT TAKES CONTROL OF INDY HEALTH Arkansas Medicare Part D pharmacy benefits insurer Indy Health Insurance Co. (IHIC) has been placed under an order of rehabilitation by a circuit court in Pulaski County effective March 18. IHIC is an Arkansas domiciled company that provides Medicare Part D plans in Arkansas, Pennsylvania, West Virginia, Illinois, and Georgia. U.S. 63/412 BRIDGE AT RAVENDEN SHUT DOWN AFTER SIGNIFICANT The U.S. 63/412 bridge that spans the Spring River at Ravenden was closed around 12:30 p.m., according to the Arkansas Department of Transportation. Inspectors found a broken pin and a broken hangar on the bridge, according to ArDOT. Engineer Brad Smithee said they hope to have at least one lane of traffic open on the bridge by Tuesdaynight or
AREA HOMEBUILDERS ADAPTING TO RISING COSTS, SHORTAGES IN Record high prices for lumber are leading to higher home building costs across the country, but Fort Smith area homebuilders continue to see a record number of new home builds and record sales revenue. Lumber prices have increased by more than 250% since April 2020, according to the National FORT SMITH SCHOOL BOARD CANDIDATES ANSWER QUESTIONS ABOUT An At-Large Position held by Bill Hanesworth is the only contested position in the school elections for Fort Smith Public Schools Board of Education. Hanesworth is challenged by Matt Blaylock. Early voting for the election began Tuesday (May 11). The election is TALK BUSINESS & POLITICS Talk Business & Politics is a news website that covers business, politics and culture across all the Arkansas regions. You can alsosign up for daily e
MEAT PRICES RISE TO RECORD LEVELS In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago. Unlike last year, lack of supply is not the issue. Year-to-date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels,”Peel said.
SIMMONS FIRST ACQUIRES TWO TENNESSEE BANKS IN $278 MILLION Pine Bluff-based Simmons First National Corp. announced Monday (June 7) it will acquire Landmark Community Bank and Triumph Bancshares, two Tennessee banks, in a combined transaction worth $277.9 million. Landmark Community Bank is based in NONPROFIT USES TECHNOLOGY TO STUDY CLOTHING DURABILITY Nonprofit uses technology to study clothing durability. Study participants used their smartphones to scan credit card-size tags to track their clothing usage. Global nonprofit The Sustainability Consortium (TSC), which is jointly administered by the University of Arkansas and Arizona State University, recently released a study onhow technology
LAVACA RESIDENT CHARGED IN $143 MILLION FRAUD SCHEME Billy Joe Taylor of Lavaca was charged with fraud related to COVID-19 testing as part of a nationwide investigation into health care fraud schemes that exploited the pandemic and resulted in more than $143 million in false billings, according to the U.S. Department of Justice. The DOJ on Wednesday AUSTIN BOOTH NAMED AS DIRECTOR OF ARKANSAS GAME & FISH Austin Booth named as director of Arkansas Game & Fish Commission. The commissioners of the Arkansas Game and Fish Commission unanimously voted Thursday (May 27) to approve Austin Booth, a native of Scott, to become the agency’s 19th director in its 106-year history. He will replace director Pat Fitts when he retires from the agency on June 30. STATE INSURANCE DEPARTMENT TAKES CONTROL OF INDY HEALTH Arkansas Medicare Part D pharmacy benefits insurer Indy Health Insurance Co. (IHIC) has been placed under an order of rehabilitation by a circuit court in Pulaski County effective March 18. IHIC is an Arkansas domiciled company that provides Medicare Part D plans in Arkansas, Pennsylvania, West Virginia, Illinois, and Georgia. U.S. 63/412 BRIDGE AT RAVENDEN SHUT DOWN AFTER SIGNIFICANT The U.S. 63/412 bridge that spans the Spring River at Ravenden was closed around 12:30 p.m., according to the Arkansas Department of Transportation. Inspectors found a broken pin and a broken hangar on the bridge, according to ArDOT. Engineer Brad Smithee said they hope to have at least one lane of traffic open on the bridge by Tuesdaynight or
AREA HOMEBUILDERS ADAPTING TO RISING COSTS, SHORTAGES IN Record high prices for lumber are leading to higher home building costs across the country, but Fort Smith area homebuilders continue to see a record number of new home builds and record sales revenue. Lumber prices have increased by more than 250% since April 2020, according to the National FORT SMITH SCHOOL BOARD CANDIDATES ANSWER QUESTIONS ABOUT An At-Large Position held by Bill Hanesworth is the only contested position in the school elections for Fort Smith Public Schools Board of Education. Hanesworth is challenged by Matt Blaylock. Early voting for the election began Tuesday (May 11). The election is ADVICE FOR STARTING YOUR DREAM SMALL BUSINESS 1 day ago · As the pandemic recedes and business optimism rises, opportunities to start a small business may abound. Additionally, the disruptions of the previous year have prompted many people to dust off their dreams of starting their own business. Should POLL: GOV. HUTCHINSON SEES JOB APPROVAL DIP, BUT STILL IN 18 hours ago · A protracted pandemic, a contentious legislative session, and a contrarian stance against Trumpism may have taken a toll on Gov. Asa Hutchinson’s job approval rating with Arkansas voters. According to a new Talk Business & Politics-Hendrix CollegePoll,
NEA LEGISLATORS ASSESS GOVERNOR’S PANDEMIC PERFORMANCE 1 day ago · The worst viral plague to hit the country since the Spanish Flu epidemic in 1918 cast a pall over the state of Arkansas and its leadership during most of 2020 and it continues in 2021. Gov. Asa Hutchinson passed a series of emergency orders to deal with SUPER PAC LAUNCHES TO DEFEAT SARAH SANDERS, FIGHT TRUMPISM 21 hours ago · A new independent expenditure Super PAC, Liberty and Justice for Arkansas, has formed to “combat Trumpism” and “defeat Sarah Huckabee Sanders,” the Republican candidate for governor. The LJA group said it plans to hold “right-wing extremists accountable for their actions.” “The group COURT ORDERS NINE MEMBERS OF PLANT BOARD TO BE REMOVED 19 hours ago · The Pulaski County Circuit Court, 6th Division, issued an order Thursday (June 10) removing nine of the 18 members of the State Plant Board from their positions on the board. The Court’s action was a result of a ruling from the Arkansas Supreme Court that those nine members had been J.B. HUNT COLLABORATES WITH WAYMO TO MOVE FREIGHT 1 day ago · Lowell-based carrier J.B. Hunt Transport Services Inc. announced Thursday (June 10) it is working with autonomous technology developer Waymo to autonomously move freight in Texas for one of J.B. Hunt’s customers.. The test run will use Waymo Via, the company’s autonomous Class 8 truck powered by Waymo Driver, to haul freight between facilities in Houston and Fort Worth, Texas. POLL: BIDEN, BOOZMAN STRUGGLE WITH JOB APPROVAL, BUT NOT 1 day ago · President Joe Biden and U.S. Sen. John Boozman, R-Ark., have varying job approval ratings in Arkansas, but for the most part, they are in line with historical polling trends. A new Talk Business & Politics-Hendrix College poll of 535 Arkansas voters shows Biden and Boozman with negative job GOVERNOR TOUTS BENEFITS OF MCCLELLAN-KERR NAVIGATION 21 hours ago · Arkansas’ top economic sector is agriculture and each year it creates tens of thousands of jobs and pours billions into the Natural State’s economy. One critical element of that continued success is flood control along the state’s many waterways and 50 years ago the McClellan-Kerr Arkansas WITH WALTON FINANCIAL SUPPORT, STATEWIDE FUND STARTED FOR 1 day ago · A new statewide fund will support organizations working to improve the quality of life for LGBTQ Arkansans. According to a news release Thursday (June 10), the $1 million fund is launching with philanthropic support from the Alice L. Walton Foundation and from Tom Walton and his wife Olivia through the Walton Family Foundation. TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During TALK BUSINESS & POLITICS Talk Business & Politics is a news website that covers business, politics and culture across all the Arkansas regions. You can alsosign up for daily e
MEAT PRICES RISE TO RECORD LEVELS In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago. Unlike last year, lack of supply is not the issue. Year-to-date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels,”Peel said.
NONPROFIT USES TECHNOLOGY TO STUDY CLOTHING DURABILITY Nonprofit uses technology to study clothing durability. Study participants used their smartphones to scan credit card-size tags to track their clothing usage. Global nonprofit The Sustainability Consortium (TSC), which is jointly administered by the University of Arkansas and Arizona State University, recently released a study onhow technology
LAVACA RESIDENT CHARGED IN $143 MILLION FRAUD SCHEME Billy Joe Taylor of Lavaca was charged with fraud related to COVID-19 testing as part of a nationwide investigation into health care fraud schemes that exploited the pandemic and resulted in more than $143 million in false billings, according to the U.S. Department of Justice. The DOJ on Wednesday NEA LEADERS UPDATE ON I-57 POSSIBILITIES NEA leaders update on I-57 possibilities. Generations of civic and business leaders in Northeast Arkansas have dreamed of U.S. 67 being transformed into a complete, four-lane interstate highway stretching to the Missouri border. If the route were completely four-laned, it would become the primary thoroughfare connecting Chicago to largecities
TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During STATE INSURANCE DEPARTMENT TAKES CONTROL OF INDY HEALTH Arkansas Medicare Part D pharmacy benefits insurer Indy Health Insurance Co. (IHIC) has been placed under an order of rehabilitation by a circuit court in Pulaski County effective March 18. IHIC is an Arkansas domiciled company that provides Medicare Part D plans in Arkansas, Pennsylvania, West Virginia, Illinois, and Georgia. BLAYLOCK DEFEATS INCUMBENT HANESWORTH FOR FORT SMITH With just 1,617 votes cast, incumbent Fort Smith School Board member Bill Hanesworth lost his reelection bid to Matt Blaylock. Blaylock, president of Blaylock Heating & Air Conditioning & Plumbing Services, captured 63.4%, or 1,027 votes. Hanesworth, who is the board president, and Blaylock were the AREA HOMEBUILDERS ADAPTING TO RISING COSTS, SHORTAGES IN Record high prices for lumber are leading to higher home building costs across the country, but Fort Smith area homebuilders continue to see a record number of new home builds and record sales revenue. Lumber prices have increased by more than 250% since April 2020, according to the National FORT SMITH SCHOOL BOARD CANDIDATES ANSWER QUESTIONS ABOUT An At-Large Position held by Bill Hanesworth is the only contested position in the school elections for Fort Smith Public Schools Board of Education. Hanesworth is challenged by Matt Blaylock. Early voting for the election began Tuesday (May 11). The election is TALK BUSINESS & POLITICS Talk Business & Politics is a news website that covers business, politics and culture across all the Arkansas regions. You can alsosign up for daily e
MEAT PRICES RISE TO RECORD LEVELS In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago. Unlike last year, lack of supply is not the issue. Year-to-date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels,”Peel said.
NONPROFIT USES TECHNOLOGY TO STUDY CLOTHING DURABILITY Nonprofit uses technology to study clothing durability. Study participants used their smartphones to scan credit card-size tags to track their clothing usage. Global nonprofit The Sustainability Consortium (TSC), which is jointly administered by the University of Arkansas and Arizona State University, recently released a study onhow technology
LAVACA RESIDENT CHARGED IN $143 MILLION FRAUD SCHEME Billy Joe Taylor of Lavaca was charged with fraud related to COVID-19 testing as part of a nationwide investigation into health care fraud schemes that exploited the pandemic and resulted in more than $143 million in false billings, according to the U.S. Department of Justice. The DOJ on Wednesday NEA LEADERS UPDATE ON I-57 POSSIBILITIES NEA leaders update on I-57 possibilities. Generations of civic and business leaders in Northeast Arkansas have dreamed of U.S. 67 being transformed into a complete, four-lane interstate highway stretching to the Missouri border. If the route were completely four-laned, it would become the primary thoroughfare connecting Chicago to largecities
TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During STATE INSURANCE DEPARTMENT TAKES CONTROL OF INDY HEALTH Arkansas Medicare Part D pharmacy benefits insurer Indy Health Insurance Co. (IHIC) has been placed under an order of rehabilitation by a circuit court in Pulaski County effective March 18. IHIC is an Arkansas domiciled company that provides Medicare Part D plans in Arkansas, Pennsylvania, West Virginia, Illinois, and Georgia. BLAYLOCK DEFEATS INCUMBENT HANESWORTH FOR FORT SMITH With just 1,617 votes cast, incumbent Fort Smith School Board member Bill Hanesworth lost his reelection bid to Matt Blaylock. Blaylock, president of Blaylock Heating & Air Conditioning & Plumbing Services, captured 63.4%, or 1,027 votes. Hanesworth, who is the board president, and Blaylock were the AREA HOMEBUILDERS ADAPTING TO RISING COSTS, SHORTAGES IN Record high prices for lumber are leading to higher home building costs across the country, but Fort Smith area homebuilders continue to see a record number of new home builds and record sales revenue. Lumber prices have increased by more than 250% since April 2020, according to the National FORT SMITH SCHOOL BOARD CANDIDATES ANSWER QUESTIONS ABOUT An At-Large Position held by Bill Hanesworth is the only contested position in the school elections for Fort Smith Public Schools Board of Education. Hanesworth is challenged by Matt Blaylock. Early voting for the election began Tuesday (May 11). The election is ADVICE FOR STARTING YOUR DREAM SMALL BUSINESS 7 hours ago · As the pandemic recedes and business optimism rises, opportunities to start a small business may abound. Additionally, the disruptions of the previous year have prompted many people to dust off their dreams of starting their own business. Should NEA LEGISLATORS ASSESS GOVERNOR’S PANDEMIC PERFORMANCE 9 hours ago · The worst viral plague to hit the country since the Spanish Flu epidemic in 1918 cast a pall over the state of Arkansas and its leadership during most of 2020 and it continues in 2021. Gov. Asa Hutchinson passed a series of emergency orders to deal with COURT ORDERS NINE MEMBERS OF PLANT BOARD TO BE REMOVED 2 hours ago · The Pulaski County Circuit Court, 6th Division, issued an order Thursday (June 10) removing nine of the 18 members of the State Plant Board from their positions on the board. The Court’s action was a result of a ruling from the Arkansas Supreme Court that those nine members had been J.B. HUNT COLLABORATES WITH WAYMO TO MOVE FREIGHT 8 hours ago · Lowell-based carrier J.B. Hunt Transport Services Inc. announced Thursday (June 10) it is working with autonomous technology developer Waymo to autonomously move freight in Texas for one of J.B. Hunt’s customers.. The test run will use Waymo Via, the company’s autonomous Class 8 truck powered by Waymo Driver, to haul freight between facilities in Houston and Fort Worth, Texas. GOVERNOR TOUTS BENEFITS OF MCCLELLAN-KERR NAVIGATION 3 hours ago · Arkansas’ top economic sector is agriculture and each year it creates tens of thousands of jobs and pours billions into the Natural State’s economy. One critical element of that continued success is flood control along the state’s many waterways and 50 years ago the McClellan-Kerr Arkansas SUPER PAC LAUNCHES TO DEFEAT SARAH SANDERS, FIGHT TRUMPISM 4 hours ago · A new independent expenditure Super PAC, Liberty and Justice for Arkansas, has formed to “combat Trumpism” and “defeat Sarah Huckabee Sanders,” the Republican candidate for governor. The LJA group said it plans to hold “right-wing extremists accountable for their actions.” “The group TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During WITH WALTON FINANCIAL SUPPORT, STATEWIDE FUND STARTED FOR 8 hours ago · A new statewide fund will support organizations working to improve the quality of life for LGBTQ Arkansans. According to a news release Thursday (June 10), the $1 million fund is launching with philanthropic support from the Alice L. Walton Foundation and from Tom Walton and his wife Olivia through the Walton FamilyFoundation.
RIGHT TO START LAUNCHES ENTREPRENEURSHIP INITIATIVE IN 1 day ago · The Walton Family Foundation is putting its financial support behind a new entrepreneurship initiative in Northwest Arkansas. Kansas City, Mo-based nonprofit Right to Start has launched the program to advance entrepreneurship as a community priority. According to a news release, it’s a national movement based on the notion that everyone has the “right to start” their own venture,create
DELTA ARTS FESTIVAL RETURNS, ADDS DELTA SILVER SCREEN FEST Delta Arts Festival returns, adds Delta Silver Screen Fest. The Delta Arts Festival, Arkansas’ largest multi-disciplinary arts festival, will be held in downtown Newport on Friday (June 4) and Saturday, according to Jon Chadwell, executive director of the Newport Economic Development Commission. The festival combines four free events intoone
MEAT PRICES RISE TO RECORD LEVELS In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago. Unlike last year, lack of supply is not the issue. Year-to-date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels,”Peel said.
DELTA ARTS FESTIVAL RETURNS, ADDS DELTA SILVER SCREEN FEST Delta Arts Festival returns, adds Delta Silver Screen Fest. The Delta Arts Festival, Arkansas’ largest multi-disciplinary arts festival, will be held in downtown Newport on Friday (June 4) and Saturday, according to Jon Chadwell, executive director of the Newport Economic Development Commission. The festival combines four free events intoone
LAVACA RESIDENT CHARGED IN $143 MILLION FRAUD SCHEME Billy Joe Taylor of Lavaca was charged with fraud related to COVID-19 testing as part of a nationwide investigation into health care fraud schemes that exploited the pandemic and resulted in more than $143 million in false billings, according to the U.S. Department of Justice. The DOJ on Wednesday TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During NEA LEADERS UPDATE ON I-57 POSSIBILITIES NEA leaders update on I-57 possibilities. Generations of civic and business leaders in Northeast Arkansas have dreamed of U.S. 67 being transformed into a complete, four-lane interstate highway stretching to the Missouri border. If the route were completely four-laned, it would become the primary thoroughfare connecting Chicago to largecities
AUSTIN BOOTH NAMED AS DIRECTOR OF ARKANSAS GAME & FISH Austin Booth named as director of Arkansas Game & Fish Commission. The commissioners of the Arkansas Game and Fish Commission unanimously voted Thursday (May 27) to approve Austin Booth, a native of Scott, to become the agency’s 19th director in its 106-year history. He will replace director Pat Fitts when he retires from the agency on June 30. MARK CONINE TO LEAD ADFA Arkansas Secretary of Commerce Mike Preston announced Thursday (May 20) that Mark Conine will serve as the new president of the Arkansas Development Finance Authority (ADFA). Conine comes from his present position as chief financial officer and vice president of finance and administration at ADFA AREA HOMEBUILDERS ADAPTING TO RISING COSTS, SHORTAGES IN Record high prices for lumber are leading to higher home building costs across the country, but Fort Smith area homebuilders continue to see a record number of new home builds and record sales revenue. Lumber prices have increased by more than 250% since April 2020, according to the National THE SUPPLY SIDE: SAM’S CLUB FOCUSED ON GROWING PRIVATE Sam’s Club declined to provide the dollar value of the brand or its market penetration, only to say it is growing. In 2017, Sam’s Club said Member’s Mark represented $10 billion in sales, and last year the company said it was the top preferred brand on SamsClub.com. “We’re looking to grow, but we don’t measure growth the way youmay
CRYSTAL BRIDGES PLANNING 800-SPACE PARKING DECK, OUTDOOR Officials with Crystal Bridges Museum of American Art in Bentonville announced plans Thursday (Oct. 8) to build a six-story parking structure with 800 parking spaces along Northeast J Street. In a news release, the museum said construction would begin in spring 2021 on the east side of the museum’s campus, north of the Scott FamilyAmazeum.
MEAT PRICES RISE TO RECORD LEVELS In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago. Unlike last year, lack of supply is not the issue. Year-to-date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels,”Peel said.
DELTA ARTS FESTIVAL RETURNS, ADDS DELTA SILVER SCREEN FEST Delta Arts Festival returns, adds Delta Silver Screen Fest. The Delta Arts Festival, Arkansas’ largest multi-disciplinary arts festival, will be held in downtown Newport on Friday (June 4) and Saturday, according to Jon Chadwell, executive director of the Newport Economic Development Commission. The festival combines four free events intoone
LAVACA RESIDENT CHARGED IN $143 MILLION FRAUD SCHEME Billy Joe Taylor of Lavaca was charged with fraud related to COVID-19 testing as part of a nationwide investigation into health care fraud schemes that exploited the pandemic and resulted in more than $143 million in false billings, according to the U.S. Department of Justice. The DOJ on Wednesday TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During NEA LEADERS UPDATE ON I-57 POSSIBILITIES NEA leaders update on I-57 possibilities. Generations of civic and business leaders in Northeast Arkansas have dreamed of U.S. 67 being transformed into a complete, four-lane interstate highway stretching to the Missouri border. If the route were completely four-laned, it would become the primary thoroughfare connecting Chicago to largecities
AUSTIN BOOTH NAMED AS DIRECTOR OF ARKANSAS GAME & FISH Austin Booth named as director of Arkansas Game & Fish Commission. The commissioners of the Arkansas Game and Fish Commission unanimously voted Thursday (May 27) to approve Austin Booth, a native of Scott, to become the agency’s 19th director in its 106-year history. He will replace director Pat Fitts when he retires from the agency on June 30. MARK CONINE TO LEAD ADFA Arkansas Secretary of Commerce Mike Preston announced Thursday (May 20) that Mark Conine will serve as the new president of the Arkansas Development Finance Authority (ADFA). Conine comes from his present position as chief financial officer and vice president of finance and administration at ADFA AREA HOMEBUILDERS ADAPTING TO RISING COSTS, SHORTAGES IN Record high prices for lumber are leading to higher home building costs across the country, but Fort Smith area homebuilders continue to see a record number of new home builds and record sales revenue. Lumber prices have increased by more than 250% since April 2020, according to the National THE SUPPLY SIDE: SAM’S CLUB FOCUSED ON GROWING PRIVATE Sam’s Club declined to provide the dollar value of the brand or its market penetration, only to say it is growing. In 2017, Sam’s Club said Member’s Mark represented $10 billion in sales, and last year the company said it was the top preferred brand on SamsClub.com. “We’re looking to grow, but we don’t measure growth the way youmay
CRYSTAL BRIDGES PLANNING 800-SPACE PARKING DECK, OUTDOOR Officials with Crystal Bridges Museum of American Art in Bentonville announced plans Thursday (Oct. 8) to build a six-story parking structure with 800 parking spaces along Northeast J Street. In a news release, the museum said construction would begin in spring 2021 on the east side of the museum’s campus, north of the Scott FamilyAmazeum.
STUDY: $230 MILLION PRICE TAG FOR WASTEWATER TREATMENT 6 hours ago · The Massard Water Reclamation Facility (formerly the Massard Wastewater Treatment Plant) is in dire need of updating, renovation and expansion, Fort Smith Director of Utilities Lance McAvoy told the Fort Smith Board of Directors at a study session Tuesday (June 8). The facility, which was STATE SUPREME COURT ISSUES STAY ON DICAMBA RULING 13 hours ago · Farmers will be able to use dicamba until the end of June, thanks to a ruling from the state’s highest court. On Tuesday (June 8), the Arkansas Supreme Court issued a stay in the ongoing litigation involving the use of the controversial herbicide. The stay lifts a decision by a Pulaski County CRUDE OIL PRICES UP 25% FROM JANUARY; PRICES TO FALL IN 13 hours ago · International benchmark Brent crude oil prices are expected to become stable in mid-2021 and reach an average of about $68 per barrel in the third quarter before declining to an average of $60 per barrel in 2022, according to the U.S. Energy Information Administration (EIA). The projection was LAPOVATIONS RECEIVES $100,000 FROM ARKANSAS ECONOMIC 17 hours ago · Fayetteville-based medical device startup Lapovations LLC announced Monday (June 7) receiving a $100,000 grant from the Arkansas Economic Development Commission. The startup was awarded the Small Business Innovation Research (SBIR) Phase II Matching Grant. The program provides the matching grant to the $1 million SBIR Phase II grant Lapovations received from the National WALMART+ MEMBERS NOW HAVE ADDED PRESCRIPTION BENEFITS 15 hours ago · Walmart said Monday (June 7) it’s adding a new perk for Walmart+ members with a prescription benefit dubbed Walmart+Rx for less. The latest benefit will provide additional savings on the most commonly prescribed medications across a variety of health needs, including heart health, mental health, antibiotics, allergies and diabetes management. TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During PACE INDUSTRIES PUTS FAYETTEVILLE HQ UP FOR SALE; COMPANY 18 hours ago · Pace Industries, an aluminum, zinc and magnesium die casting company based in Fayetteville, is selling its 22,200-square-foot office building at 481 Shiloh Drive along Interstate 49. According to an online real estate listing, CBRE ismarketing the
SOUTHERN BANCORP CEO DARRIN WILLIAMS APPOINTED TO LR 15 hours ago · Darrin Williams, CEO of Southern Bancorp Inc., was appointed Tuesday (June 8) to the board of directors of the Little Rock branch of the Federal Reserve Bank of St. Louis. Williams will fill the unexpired portion of a three-year term ending Dec. 31, 2023. Members of the St. Louis Fed’s board of U.S. SECRETARY OF TRANSPORTATION PETE BUTTIGIEG VISITS I 19 hours ago · U.S. Secretary of Transportation Pete Buttigieg recently visited Memphis to survey the damage to the I-40 bridge and meet with local and industry leaders. During a panel discussion about the McClellan-Kerr Navigation system Monday (June 8), Buttigieg saidhe
TEACHERS' INSURANCE ARCHIVES 9 hours ago · by Marine Glisovic - 10 seconds ago. State Finance Board discusses options for estimated $70 million teacher insurance shortfall. The state of Arkansas is an estimated $70 million short related to public school employees’ benefits for the year 2022. MEAT PRICES RISE TO RECORD LEVELS In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago. Unlike last year, lack of supply is not the issue. Year-to-date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels,”Peel said.
TALK POLITICS ARTICLES by Talk Business & Politics staff - May 31, 2021 7:29 pm. Treasurer Milligan reveals results of statewide survey on Arkansas 529 plan. Arkansas Treasurer of State Dennis Milligan’s office announced results of a statewide survey that highlights Arkansans’ awarenessof
TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During ROBY BROCK, AUTHOR AT TALK BUSINESS & POLITICSROBY BROCK TALK BUSINESSTALK BUSINESS AND POLITICSROBY BROCK ARKANSASROBY BROCK BIOTALK BUSINESS AND POLITICS ARKANSASARKANSAS TALK BUSINESS Summit Utilities to acquire CenterPoint’s Arkansas, Oklahoma assets for $2.15 billion. Colorado-based Summit Utilities, the parent company of Fort Smith-based Arkansas Oklahoma Gas Corp., announced Thursday (April 29) it has signed a definitive agreement to acquire the Arkansas and Oklahoma gas. by Roby Brock - April 28, 2021 4:13 pm. AREA HOMEBUILDERS ADAPTING TO RISING COSTS, SHORTAGES IN Record high prices for lumber are leading to higher home building costs across the country, but Fort Smith area homebuilders continue to see a record number of new home builds and record sales revenue. Lumber prices have increased by more than 250% since April 2020, according to the National CRYSTAL BRIDGES PLANNING 800-SPACE PARKING DECK, OUTDOOR Officials with Crystal Bridges Museum of American Art in Bentonville announced plans Thursday (Oct. 8) to build a six-story parking structure with 800 parking spaces along Northeast J Street. In a news release, the museum said construction would begin in spring 2021 on the east side of the museum’s campus, north of the Scott FamilyAmazeum.
NURSING HOME OPERATORS ARE BIG DONORS TO SEBASTIAN COUNTY Two Sebastian County Circuit Judge candidates have received a significant amount of campaign contributions from sources that have been connected to federal investigations and convictions of judges andlegislators. Greg
INSIDE WAL-MART'S SATURDAY MORNING MEETING Inside Wal-Mart’s Saturday morning meeting. It’s no secret Wal-Mart is celebrating 50 years in business. But it’s also been 50 years since founder Sam Walton started the closely guarded Saturday Morning Meeting. Walton began the meeting back in 1962. Aptly named, the meetings took place on Saturday mornings and ran for abouttwo-and-half
FORTY UNDER 40: BROCK GEARHART Forty Under 40: Brock Gearhart. Brock Gearhart earned a financial management degree from the University of Arkansas in 2004. He had long had his sights on beginning his professional career in New York City, so that’s where he went. Merrill Lynch, where Gearhart interned a year earlier, hired him as a senior specialist in strategic marketing. AFTER PERSONAL TRAGEDY, LAURICE HACHEM JOINS BOOMING It’s a cold November morning, and real estate investor-turned-developer Laurice Hachem is walking through her new office space inside Hunt Tower, MEAT PRICES RISE TO RECORD LEVELS In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago. Unlike last year, lack of supply is not the issue. Year-to-date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels,”Peel said.
TALK POLITICS ARTICLES by Talk Business & Politics staff - May 31, 2021 7:29 pm. Treasurer Milligan reveals results of statewide survey on Arkansas 529 plan. Arkansas Treasurer of State Dennis Milligan’s office announced results of a statewide survey that highlights Arkansans’ awarenessof
TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During ROBY BROCK, AUTHOR AT TALK BUSINESS & POLITICSROBY BROCK TALK BUSINESSTALK BUSINESS AND POLITICSROBY BROCK ARKANSASROBY BROCK BIOTALK BUSINESS AND POLITICS ARKANSASARKANSAS TALK BUSINESS Summit Utilities to acquire CenterPoint’s Arkansas, Oklahoma assets for $2.15 billion. Colorado-based Summit Utilities, the parent company of Fort Smith-based Arkansas Oklahoma Gas Corp., announced Thursday (April 29) it has signed a definitive agreement to acquire the Arkansas and Oklahoma gas. by Roby Brock - April 28, 2021 4:13 pm. AREA HOMEBUILDERS ADAPTING TO RISING COSTS, SHORTAGES IN Record high prices for lumber are leading to higher home building costs across the country, but Fort Smith area homebuilders continue to see a record number of new home builds and record sales revenue. Lumber prices have increased by more than 250% since April 2020, according to the National CRYSTAL BRIDGES PLANNING 800-SPACE PARKING DECK, OUTDOOR Officials with Crystal Bridges Museum of American Art in Bentonville announced plans Thursday (Oct. 8) to build a six-story parking structure with 800 parking spaces along Northeast J Street. In a news release, the museum said construction would begin in spring 2021 on the east side of the museum’s campus, north of the Scott FamilyAmazeum.
NURSING HOME OPERATORS ARE BIG DONORS TO SEBASTIAN COUNTY Two Sebastian County Circuit Judge candidates have received a significant amount of campaign contributions from sources that have been connected to federal investigations and convictions of judges andlegislators. Greg
INSIDE WAL-MART'S SATURDAY MORNING MEETING Inside Wal-Mart’s Saturday morning meeting. It’s no secret Wal-Mart is celebrating 50 years in business. But it’s also been 50 years since founder Sam Walton started the closely guarded Saturday Morning Meeting. Walton began the meeting back in 1962. Aptly named, the meetings took place on Saturday mornings and ran for abouttwo-and-half
FORTY UNDER 40: BROCK GEARHART Forty Under 40: Brock Gearhart. Brock Gearhart earned a financial management degree from the University of Arkansas in 2004. He had long had his sights on beginning his professional career in New York City, so that’s where he went. Merrill Lynch, where Gearhart interned a year earlier, hired him as a senior specialist in strategic marketing. AFTER PERSONAL TRAGEDY, LAURICE HACHEM JOINS BOOMING It’s a cold November morning, and real estate investor-turned-developer Laurice Hachem is walking through her new office space inside Hunt Tower, RESIDENTIAL BUILDING PERMITS IN NWA SURGE THROUGH FIRST 4 13 hours ago · Bolstered by a tremendous surge in Fayetteville, residential building permit activity for single-family homes in Northwest Arkansas’s four largest cities is well ahead of last year’s pace through the first four months of 2021. According to permit data from each city collected by the Northwest TALK POLITICS ARTICLES by Talk Business & Politics staff - May 31, 2021 7:29 pm. Treasurer Milligan reveals results of statewide survey on Arkansas 529 plan. Arkansas Treasurer of State Dennis Milligan’s office announced results of a statewide survey that highlights Arkansans’ awareness of education savings plans.TECH TRENDS ENDURE
1 day ago · The pandemic has been a technology accelerator for businesses, municipalities, schools, healthcare and homes. Internet service providers, such as Cox, experienced the equivalent of two years of traffic growth in the first few months of the pandemic, andit
BUSINESS JOURNAL HOSTING FIRST EVENT SINCE PANDEMIC 16 hours ago · After a one-year hiatus due to the pandemic, the Northwest Arkansas Business Journal will host a networking event this year associated with the annual Women in Business award. It’s scheduled for June 22 from 5:30-7:30 p.m. at the Apollo on FREIGHT MARKET CONTINUES TO SHOW STRENGTH; CARRIERS 16 hours ago · Trucking capacity has remained tight, and rates have been at record highs as carriers boost driver pay. In a recent Convoy webinar, Aaron Terrazas, director of economic research for the third-party logistics company, said he expects the market strength to continue through the GOV. HUTCHINSON NAMES SHEALYN SOWERS AS NEW DIRECTOR OF 12 hours ago · Shealyn Sowers, an executive producer at KARK and FOX16, will be the new director of communications for the Governor’s Office, Gov. Asa Hutchinson announced Monday (June 7). She will start June 16. “Shealyn grew up in Arkansas, went to high school andcollege in
188TH OFFICIALS ‘LASER-FOCUSED’ ON NEW MISSION; MICHIGAN 17 hours ago · Decisions about facility renovation, new construction and other practical matters are part of the process for the U.S. Air Force pilot training center coming to Fort Smith, and objections to the decision are not likely to change a final decision set for spring 2023. The acting Secretary of the Air TRANSPORTATION SECRETARY BUTTEGEIG JOINS ARKANSAS 11 hours ago · In 1943, research began on a massive infrastructure project in the heart of the mid-south. The McClellan-Kerr Navigation System, completed in the early 1970’s, has become an economic engine that spurred the growth of the port system along the Arkansas River and other waterways in ARKANSAS MUSEUM OF FINE ARTS SELECTS BOB TARREN AS NEW 14 hours ago · The Arkansas Museum of Fine Arts, formerly known as the Arkansas Arts Center, has selected Bob Tarren as its new Chief Marketing Officer. In a letter to supporters on Monday (June 7), AMFA executive director Victoria Ramirez announced Tarren’s new position. “After a national search, I TRUCKING ASSOCIATION LEADER SAYS MEMPHIS BRIDGE REOPENING Arkansas Trucking Association President Shannon Newton said short-term and long-term solutions are being discussed to resolve the transportation challenges presented by the closure of the damaged I-40 Mississippi River bridge to Memphis. During* Business
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WALMART SHELVES JET BLACK SHOPPING SERVICE, CUTS NEARLY 300 JOBS Business Latest NewsNorthwest Arkansas
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__ Share __ Tweet __ __ It’s been two and a half years since Walmart began testing its white-glove concierge shopping service dubbed Jet black. After much speculation that Walmart would spin-off the venture given its negative cash flow, the retail giant said Thursday (Feb. 13) it will end theservice.
Jet black will cease operations Feb. 21 and nearly 300 employees will be laid off in the restructuring move. Walmart said 58 employees will join Walmart as the operation is rolled into Walmart’s customerorganization.
Walmart has sought ways to consolidate leadership and stem losses, having done that with Jet.com in recent months. The retailer said Store No. 8 goals are to launch new capabilities that can eventually be fueled by the Walmart engine. A greater focus on this work has been on understanding customers and how to better serve their diverseneeds.
“We’ve learned a lot through Jet black, including how customers respond to the ability of ordering by text as well as the type of items they purchase through texting. We’re eager to apply these learnings from Jet black and leverage its core capabilities within Walmart,” said Scott Eckert, senior vice president of next-generation for Store No. 8. Eckert said when Jet black was launched, part of the initiative was to test and build technology that could be used in other ways, including applying to other parts of the business. He said Walmart has explored a number of areas in conversational commerce, from Jet blacks’ text-based ordering to voice ordering in pickup and delivery. He said Walmart believes this technology will be an important way the company serves customers in the future. “We are only beginning to explore how the capabilities being developed within Store No 8 can complement one another and be leveraged to enhance the customer experience. We look forward to sharing more updates from the team as we work together to shape the future of retail at Walmart,” Eckert said. Walmart unveiled the service in the summer of 2017 that was by invitation only. Jet black customers paid $50 a month for the service that afforded them a shopping assistant accessible by text. The service was exclusive to certain sections of Manhattan and the shopping assistants made purchases on behalf of the customers from various places including Walmart competitors. The service also provided giftware and same-day delivery. Walmart never disclosed how many customers it served on Jet black, merely stating there was a waiting list. Walmart said the impacted employees would be offered severance packages based on their eligibility. The 58 employees who remain with Walmart will remain in New York, report to Janey Whiteside, chief customer officer, and focus on conversational commerce. This move was not a surprise as Walmart continues to stem its losses estimated to be $1 billion this year on its e-commerce and ancillary businesses. In October, Jenny Fleiss stepped down as leader for Jet black and Nate Faust took over as CEO for the venture. Fleiss was retained as an advisor. Annibal Sodero, professor of supply chain at Ohio State University, has told Talk Business & Politics he would not be surprised to see Walmart begin reducing losses in ventures like Jet black. He said while machine learning was at the core of the Jet black experiment, it also takes people who have to refine the algorithms and teach the machines to react favorably to customer requests. He said the pilot has been incubated by Walmart and standing on its own would be a new ballgame without Walmart support. Sodero said data sets gleaned from a Jet black venture would be rich for a retailer like Walmart. He said it will be interesting to see if and how Walmart leverages the data to benefit the company. Otherwise, he said expensive pilots like this one won’t be worth the time andeffort.
“Walmart has one of the richest data sets in the world on consumers from those who shop in stores and online. But they have not yet revealed what their strategy is for all this data they are collecting. Without knowing their strategy is it impossible to determine if the acquisitions, pilot tests and other initiatives have the potential to move the needle forward for Walmart,” he said.COMMENTS
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