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GOP sweep, bank industry changes, legal rulings top Arkansas stories in 2014
story by Talk Business & Politics, and The City WirePolitics certainly dominated the headlines in Arkansas during 2014, with the GOP sweep in Arkansas likely to be noted by future historians as a...
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Armstrong Bank to acquire Fort Smith-based Benefit Bank
Muskogee, Okla-based Armstrong Bank has entered the Fort Smith and Northwest Arkansas banking markets with the planned acquisition of Benefit Bank. Terms were not disclosed in the statement issued...
View ArticleTyson Foods adds production line at Emporia, Kan., plant
Tyson Foods recently opened a new processing line at its prepared foods plant in Emporia, Kan., in an effort to increase capacity in its growing prepared food segment following the merger of Hillshire...
View ArticleFinal days of holiday sales score big for e-commerce
Retailers and analysts projected more shoppers would be drawn to e-commerce this holiday season because of expanded promotions and a growing user base.Data provider ComScore reports that U.S. retail...
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NWA jobs numbers continue gains, November rate stays at 3.9%
Northwest Arkansas’ economy continued in November a trend toward growth in the number of employed and the size of the regional workforce, with the November jobless rate at 3.9%, unchanged compared to...
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Fort Smith area job numbers up in November, still below 2013 levels
The number of employed during November in the Fort Smith metro area reached a new high for 2014, but the number is still below the 2013 monthly average and the size of the regional workforce is also...
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Beef industry faces higher prices, lower margins and shrinking demand
story by Kim Souzaksouza@thecitywire.comThe cattle markets are set to ring up another record year for producers and packers even with tightening supplies expected to continue through 2019.Derrell Peel,...
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Most Arkansas-based stock prices move higher in 2014
story by Michael Tilleymtilley@thecitywire.comIt would have required one helluva crystal ball in early 2014 to bet that two struggling Arkansas-based trucking companies would see their stock price more...
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Wal-Mart seeks to capitalize on unwanted, unused gift cards
story by Kim Souzaksouza@thecitywire.comThe popularity of holiday gift cards continues to rise to an estimated $31.74 billion this year, according to the National Retail Federation. Yet, nearly $1...
View ArticleArkansas launches new 'College for You' website
The Arkansas Department of Higher Education (ADHE), in partnership with the Information Network of Arkansas, has launched of a new “College for You” financial aid website.The website is an...
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SWEPCO cancels controversial Northwest Arkansas power line project
story from Talk Business & Politics, a TCW content partnerSouthwestern Electric Power Co. (SWEPCO) served notice that it will no longer pursue a $116 million, 345 kilovolt (kV) electric...
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Jeff Amerine to leave UA post to focus on startup consulting
story by Roby Brock, a TCW content partner and owner of Talk Business & Politicsroby@talkbusiness.netOne of Arkansas’ most respected entrepreneurial leaders, Jeff Amerine, stepped down from his...
View ArticleCBRE Group acquires the local CBRE franchise
CBRE Group Inc. has acquired CBRE Oklahoma, a commercial real estate services firm that has served as CBRE’s affiliate in Oklahoma City, Tulsa and Northwest Arkansas since 1999. David Erstine and...
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ArcBest expands logistics arm with $5.17 million move into Oklahoma City
Efforts by Fort Smith-based ArcBest to grow its ABF Logistics division took a small step forward with the $5.17 million purchase of Oklahoma City-based Smart Lines Transportation. With annual revenue...
View ArticleNWA newspapers consolidate again, downsize workforce
Northwest Arkansas Newspapers LLC announced Monday (Jan. 5) that it is consolidating its five northwest Arkansas daily newspapers into a single regional newspaper, the Northwest Arkansas...
View ArticleTrucking industry required to randomly test 50% of drivers in 2015
The trucking industry will have to continue randomly testing at least 50% of its drivers for drug and alcohol in 2015, according to a decision by the Federal Motor Carrier Safety Administration. The...
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Experts forecast modest U.S. restaurant traffic and sales gains in 2015
story by Kim Souzaksouza@thecitywire.comRestaurants and food service venues expect sales to grow by a modest 1% this year, while they wrestle with higher food inflation and appeasing value-seeking...
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Arkansas’ December tax revenue up 1.7%, year-to-date up 2.6%
Arkansas tax collections for the first half of the fiscal year are 2.6% above the same period last year, but December collections were up just 1.7% because of income tax and sales tax revenue that fell...
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The City Wire revamps daily e-mail blast, will add a Friday e-mail service
The City Wire has changed the look of its popular daily e-mail blast that goes to more than 9,000 people in the Fort Smith and Northwest Arkansas areas, and will on Friday launch a weekly e-mail that...
View ArticleBank of the Ozarks garners top ranking
Bank of the Ozarks has been named the top performing bank in the nation by Bank Director magazine in the industry publication’s 2014 performance scorecard results.It is the second year the Little...
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