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Arkansas jobless rate dips to 5.7%, rate much higher for minorities
story by Michael Tilleymtilley@thecitywire.comArkansas’ labor market is showing signs of stability, but the jobless rate for black teenagers in Arkansas hovers at or below 40%, and has in recent years...
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Higher meat prices, consumer demand likely to boost 2015 profits for Tyson Foods
story by Kim Souzaksouza@thecitywire.comThe U.S. meat industry got off to a good start in 2015 and Tyson Foods is one of several meat companies expecting strong earnings this year behind higher demand...
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New home prices on the rise across Northwest Arkansas
story by Kim Souzaksouza@thecitywire.comConsumers mulling the purchase of new construction homes this year will likely pay a little more than buyers who closed deals in 2014, according to local real...
View ArticleUneven home price gains could limit home equity market growth in 2015
With Arkansas’ housing market on the mend in recent years, homeowners may be tempted to take out a home equity loan and banks and other financial institutions are likely eager to capture that business....
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Unused Mitsubishi plant at Chaffee Crossing is listed for sale
The new, modern and unused 200,000-square-foot Mitsubishi manufacturing facility at Chaffee Crossing that once promised to be home to 400 good-paying jobs has officially been put on the sale...
View ArticleWal-Mart hands out pink slips at home office (Updated)
It’s time to start the new year at Wal-Mart Stores and that typically signals the end of road for some corporate employees. The retail giant eliminated about 50 positions at its corporate headquarters...
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Things you may not have known: Tyson Foods
Tyson Foods is certainly not the regional company it was 40 years ago or the large national company it was just a few decades ago. It’s now a global meat processing and distribution company, and you...
View ArticleThree tech companies to locate in downtown Conway, add 140 jobs
story by Roby Brock, a TCW content partner and owner of Talk Business & Politicsroby@talkbusiness.netThree technology companies announced plans to locate new facilities in downtown Conway,...
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Northwest Arkansas building permit values up almost 48% in 2014
story by Kim Souzaksouza@thecitywire.comIt was probably a rare day in 2014 if someone employed in the Northwest Arkansas building sector was out of work. The region’s four largest cities issued new...
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Eight banks to invest $16 million in North Walton Boulevard district
story by Kim Souzaksouza@thecitywire.comNorth Walton Boulevard has largely been an abandoned commercial district ever since the hospital moved to its new health center off South Walton Boulevard in...
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Tyson Foods posts record quarterly sales of $10.8 billion, income up 21.6%...
story by Kim Souza and Michael Tilleyksouza@thecitywire.comEditor's note: Story updated with additions and changes throughout.It is indeed a happy new year at Tyson Foods. The Springdale-based global...
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Tyson shareholders elect directors, reject three shareholder proposals
story by Kim Souzaksouza@thecitywire.comTyson Foods shareholders convened in Springdale on Friday (Jan. 30) for their annual no-frills meeting, but there was plenty to celebrate on the heels of a...
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$100 million NWA capital fund unveiled at economic forecast luncheon
story by Kim Souzaksouza@thecitywire.comYou know the economy is bright when a local entrepreneur can take the stage in front of nearly 1,000 business professionals and announce his plan to establish a...
View Article‘Battle at the Fort’ brings thousands to Fort Smith area
The Fort Smith Juniors Volleyball Club (FSJ) is hosting its annual “Battle at the Fort” volleyball tournament during the next two upcoming weekends – Jan. 31 - Feb. 1, and Feb. 7-8 – which will bring...
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The Supply Side: Welcome to the supply chain revolution
story by Kim Souzaksouza@thecitywire.comThere have been few major changes in the physical retail supply chain that has served big box retailers for more than three decades. But as more consumers shift...
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Kyya Chocolate company emerges from Uganda orphanage trip
story by Jamie Smithjsmith@thecitywire.comThe Kyya Chocolate story was born in 2012 when a nonprofit group traveled to a Uganda orphanage with the idea of building relationships and a chicken farm for...
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Arkansas’ large market home sales up 3.8% in 2014
The question for Arkansas’ home sales market going into 2014 was if the healthy pace of growth in 2013 could be maintained. It could, and it was. There were 21,447 homes sold in Arkansas’ four largest...
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Arkansas tax revenue up almost 10% in January, up 3.8% year to date
Arkansas tax collections for the first seven months of the fiscal year are up 3.8%, with sales and use tax collections – a measure of consumer spending and confidence – up 1.9% year-to-date.Gross...
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Home equity rebound is slow for some in Northwest Arkansas
story by Kim Souzaksouza@thecitywire.comHomeowners who purchased property near downtown Bentonville at the market peak have likely seen strong equity gains since 2006, but that is not the case for...
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Centennial Bank names new market president for Rogers/Bentonville
Chris Barton has joined Centennial Bank as market president in Rogers/Bentonville according to Scott Hancock, Northwest Arkansas Division President.“Chris’s brings a strong network and financial...
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