President George W. Bush to be honored at Crystal Bridges
Wal-Mart CEOs Doug McMillon and Bill Simon are hosting a special gala this evening, May 15 at Crystal Bridges Museum in Bentonville. The event honors 14 Medal of Honor recipients who are visiting the...
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Northwest Arkansas home sales pace slowed in April
story by Kim Souzaksouza@thecitywire.comNorthwest Arkansas real estate agents report an active sales market but numbers from MountData.com indicate a slowing pace across the two-country area. There...
View ArticleUSA Truck recognized for service by Alcoa
Van Buren-based USA Truck has earned repeat accolades as an Alcoa Tier 1 Core Carrier of the Year for commendable dry van service in North America.Alcoa, a global leader in lightweight metals...
View ArticleWarren Buffett increases stake in Wal-Mart
Iconic investor Warren Buffett acquired 8.57 million more shares of Wal-Mart stock during the quarter ended March 31, according to a report filed with regulators on Thursday (May 15). Buffett’s...
View ArticleDarden sells Red Lobster for $2.1 billion
Darden Restaurants announced it will sell its Red Lobster business and certain other related assets and assumed liabilities to Golden Gate Capital for $2.1 billion in cash. Darden expects to receive...
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Arkansas’ jobless rate falls to 6.6%, labor force still shrinking
Arkansas’ jobless rate during April fell to 6.6% thanks to an estimated increase of 7,762 employed Arkansans and a more than 12% decline in the number of unemployed. However, the state’s labor force...
View ArticleWal-Mart kicks off gas rollback May 18
Wal-Mart hopes to help consumers save money on their fuel purchases starting Sunday, May 18, just ahead of the Memorial Day weekend and the official summer kickoff.AAA expects 31.8 million American’s...
View ArticleDana Mather to stay on as acting director for Main Street Rogers
Dana Mather will continue as the acting director of Main Street Rogers for the time being as the organization’s board has postponed its search for a full-time executive director. Mather has been...
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$40 million upgrade underway for Dixie plant in Fort Smith
The Dixie plant in Fort Smith, one of the first manufacturing operations to move to the city after World War II, is receiving a $40 million equipment and facility upgrade for a new plate line expected...
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The Supply Side: More supplier brands dabbling in retail ventures
story by 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...
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Business, civic officials say ‘Innovation Hub’ concept needed in Fort Smith
story by Ryan Saylorrsaylor@thecitywire.comThere has been a lot of buzz about the new Arkansas Regional Innovation Hub set to launch later this year in North Little Rock. The public-private partnership...
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NWA new construction permit values decline in April
story by Kim Souzaksouza@thecitywire.comThe local construction sector in Benton and Washington counties is building new roads, trail infrastructure and several large commercial projects, but new home...
View ArticleGreene appointed to USA Truck Board of Directors
Alexander Greene, the former head of U.S. private equity at Brookfield Asset Management, has been appointed to the Board of Directors at Van Buren-based USA Truck.Greene’s appointment expands the Board...
View ArticleKnesek Guns receives ‘E’ Award from U.S. Department of Commerce
Van Buren-based Knesek Guns Inc. was recognized with the “E” Award from the U.S. Department of Commerce. The award, which was presented to Knesek employees by U.S. Secretary of Commerce Penny Pritzker...
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ArcBest to invest $30 million on corporate office expansion in Fort Smith...
story by Michael Tilleymtilley@thecitywire.comEditor's note: Story updated with changes and additions throughout.Fort Smith-based ArcBest Corp. – formerly known as Arkansas Best Corp. – is expanding...
View ArticleWal-Mart Canada CEO to oversee Europe, Middle East and Africa
Wal-Mart Stores announced Friday (May 30) that Shelley Broader, president and CEO of Walmart Canada, has been promoted to executive vice president, president and CEO of Walmart EMEA. In her new role,...
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Possible ABF job cuts keep Beebe away from ArcBest event in Fort Smith
story by Michael Tilleymtilley@thecitywire.comGov. Mike Beebe typically travels to a community when a $30 million deal that could create almost 1,000 jobs is being announced. But he did not attend such...
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Officials, candidates discuss idea of an Arkansas ‘Workforce Czar’
story by Roby Brock, a TCW content partner and owner of Talk Businessroby@talkbusiness.netMore than 40 state business leaders met with Gov. Mike Beebe at the Governor’s mansion last week to discuss job...
View ArticleWal-Mart pounces on book sales opportunity
It’s no surprise to see Wal-Mart seeking inroads with Hachette Book Group given that the relationship between Amazon and the publisher is strained.Hachette and Amazon have been unable to work out...
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Wal-Mart delegates gathering in Northwest Arkansas for annual shindig
story by Kim Souzaksouza@thecitywire.comWal-Mart shareholders week is a global affair with 5,000 delegates visiting from 27 countries and every state where Wal-Mart operates under 71 banners. The...
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