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Baldor exec says robots used for efficiencies, not to replace people
story by Wesley Brown, courtesy of Talk Business & Politicswesbrocomm@gmail.comA Baldor marketing official told a roomful of manufacturing executives and leaders that although the use of robots is...
View ArticleScott Family Amazeum seeks to raise funds through brick campaign
The Scott Family Amazeum announced a new naming opportunity as part of its $28.5 million fundraising campaign. Titled Pave the Way, donors are encouraged to commemorate, celebrate, and honor loved ones...
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The Supply Side: Retailers struggle to combat out-of-stock problems
story Kim Souzaksouza@thecitywire.comEditor’s note:The Supply Side section of The City Wire focuses on the companies, organizations, issues and individuals engaged in providing products and services to...
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Northwest Arkansas labor numbers set new record highs in March
Northwest Arkansas’ labor market employed an estimated 236,693 during March, a gain of more than 13,000 jobs compared to March 2014 and, if the number stands, a new record for the metro area.The...
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Fort Smith metro job numbers up in March, but below pre-recession levels
Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire, and sponsored by Arvest Bank. Supporting sponsors of The Compass Report are Cox...
View ArticleMurphy Oil reports first quarter loss on falling oil, gas prices
story from Talk Business & Politics, a TCW content partnerMurphy Oil Corp. fell into the red during the first quarter as declining crude oil and natural gas prices cut a huge swath across the oil...
View ArticleArvest Bank again receives top ranking from J.D. Power
Arvest Bank once again received the highest ranking among its peers in both the South Central and Southwest Regions in the J.D. Power 2015 Retail Banking Satisfaction Study.This marks the seventh time,...
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U.S. spending for Mother’s Day predicted to rise to $21.2 billion
story by Kim Souzaksouza@thecitywire.comRetailers are poised to profit handsomely in the coming days as consumers are expected to dole out $21.2 billion for dear Mom and the national holiday in her...
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Northwest Arkansas building permits taper in March, flat for the quarter
story by Kim Souzaksouza@thecitywire.comNew construction permit values for the region’s four largest cities were flat in the first quarter compared to a year ago. Issued permits from January through...
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Bird flu and volatile beef markets shouldn’t dampen Tyson Foods’ profits
story by Kim Souzaksouza@thecitywire.comWhile Avian Influenza dominated headlines and packer margins ran in the red in recent weeks they are not expected to put a dent in Tyson Foods’ profits. The...
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T. Boone Pickens pushes for natural gas, says oil will hit $70 by year end
story from Talk Business & Politics, a TCW content partnerOil prices will return to $70 a barrel by the end of the year as American production declines and inventories are drawn down, Oklahoma...
View ArticleArcBest announces dividend, notes U-Pack award from Better Business Bureau
Fort Smith-based ArcBest has announced a quarterly cash dividend of six cents per share payable May 29 to shareholders of record on May 15.The company is set to report first quarter financials on...
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Fort Smith chamber holds expo and job fair, lobbies for trail tax vote
story and photos by Michael Tilleymtilley@thecitywire.comA gathering of 90 businesses and organizations based or active in the Fort Smith metro area participated Friday (May 1) in the “Path To...
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Steel Horse Rally draws more riders than expected, first year a success
Organizers of the inaugural Steel Horse Rally were hoping for at least 5,000 motorcycle riders the first year. The early estimate suggests they may have doubled that number.“We’ve looked a drone...
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ArcBest first-quarter profit ends seven year Q1 loss streak
First quarter net income of $745,000 for Fort Smith-based ArcBest was well below what the market expected, but it was the company’s first first-quarter profit for the first time in seven years and a...
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Chicken sales, Hillshire deal boost Tyson Foods’ quarterly income 32.5%...
story by Kim Souza and Michael Tilleyksouza@thecitywire.comEditor's note: Story updated with many changes and additions throughout.Tyson Foods is making good on its claim that the $8.5 billion...
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Wal-Mart makes more changes to U.S. management team
story by Kim Souzaksouza@thecitywire.comChanges continue at Walmart U.S. with CEO Greg Foran shaking up the status quo as part of a larger effort to streamline the reporting bureaucracy and improve...
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Arkansas’ tax revenue up 3.3% in first 10 months of fiscal year
Arkansas tax collections are up $172 million during the first 10 months of the fiscal year. That 3.3% gain over the same period in the previous fiscal year comes courtesy of slightly better than...
View ArticleHollowell, Wheeler join Fayetteville branch of First National Bank of NWA
Cole Hollowell has been named branch manager of the new Fayetteville branch of First National Bank of NWA, and Holly Wheeler has joined as a vice president and lender at the new branch.The new...
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USA Truck ends seven years of Q1 losses with $1.116 million gain
First quarter net income for Van Buren-based USA Truck was $1.116 million, a big improvement over the $1.589 million loss in the first quarter of 2014, and the 10th consecutive quarter in which the...
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