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UA System to lead on tech, workforce solutions with $20 million NSF grant
The new Center for Advanced Surface Engineering, a collaboration between the University of Arkansas and Arkansas industries, will be funded from part of a $20 million grant from the National Science...
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Income up, revenue down at USA Truck; execs move to cut fleet size
Financial gains continue for USA Truck, with second quarter net income of $2.46 million and a positive operating income for the company’s trucking segment. However, declining overall revenue and a slip...
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Arkansas begins new fiscal year with a 0.8% dip in tax revenue
Total Arkansas tax revenue during the first month of the new fiscal year (July 2015-June 2016) was $466.8 million, down 0.8% compared to July 2014 but 1% above the budget forecast.“Collections are down...
View ArticleDr. Rahim Khorassanizadeh joins Sparks Health System
Dr. Rahim Khorassanizadeh, an endocrinologist, has joined Sparks Health System in Fort Smith. His clinic, Sparks Thyroid and Endocrinology, is located at 4700 N. Kelley Highway.Board certified in...
View ArticleATU-Ozark gets green light on logistics management class
The Arkansas Department of Higher Education Coordinating Board has granted approval to Arkansas Tech University-Ozark Campus to offer an Associate of Applied Science in Logistics Management beginning...
View ArticleBeall Barclay & Company hires Patrick Deakins, Robert Floyd
Fort Smith-based Beall Barclay & Company has hired Patrick Deakins and Robert Floyd. Deakins will work in the company’s Rogers office, with Floyd working in Fort Smith.Deakins was named senior...
View ArticleCooper Clinic adds audiologist to ENT department
Dr. Jason Johnson, an audiologist has joined the Cooper Clinic Department of Ear, Nose, Throat & Allergy. His services include hearing and balance testing for all ages, customized hearing aid...
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Tyson Foods CEO says beef woes will pass, segment has long-term ‘viability’
story by Kim Souzaksouza@thecitywire.comTyson Foods has been in the beef business 14 years since its $3.2 billion purchase in June 2001 of IBP, a privately held meatpacker. After that deal, beef has...
View ArticleJ.B. Hunt Transport to issue $350 million in long-term debt
Lowell-based J.B. Hunt Transport has filed a prospectus with the U.S. Securities and Exchange Commission for a new $350 million bond issue due July 15, 2022. The logistics company plans to use the...
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Bumpers College names new assistant dean
The Dale Bumpers College at the University of Arkansas has named Leslie Edgar its assistant dean. Edgar will also serve as the director of the Office of International Program, remain a tenured...
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Surveys show consumers expected to spend less on back-to-school this year
story by Kim Souzaksouza@thecitywire.comBack-to-school shopping has become a major event among retailers who use the time to boost sales in the dog days of August, but the boost may not be as much this...
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Arkansas utility execs take watchful approach on Obama’s ‘Clean Power’ plan
story by Wesley Brown, courtesy of Talk Business & Politicswesbrocomm@gmail.comA day after President Obama unveiled the centerpiece of his climate change proposal, representatives from Entergy...
View ArticleArvest Benton County promotes nine bankers
The board of directors for Arvest Bank in Benton County recently approved the promotions of nine bankers. “Promotions are taken to the board on a periodic basis by the respective senior managers,” said...
View ArticleAcxiom sees revenue growth, but posts quarterly net income loss
story from Talk Business & Politics, a content partner with The City WireOne day after exiting the IT outsourcing business, Acxiom Corp. saw strong sales growth but still reported first quarter...
View ArticleMurphy USA quarterly income down 64% on volatile fuel prices
story from Talk Business & Politics, a content partner with The City WireMurphy USA Inc.’s second quarter earnings fell well short of expectations as volatile crude oil and gasoline prices cut into...
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Impact of Wal-Mart HQ job cuts up to $47 million, long-term hit ‘minimal’
story by Michael Tilley and Kim Souzamtilley@thecitywire.comThe economic impact of a more than 5.5% reduction in Wal-Mart corporate jobs in Northwest Arkansas could reduce annual economic activity in...
View ArticleHayseed Ventures to host startup lecture series
John James through Hayseed Ventures is launching a startup lecture series that aims to provide insight in key areas for entrepreneurs. The first event will take place at 5:30 p.m on Wednesday, Aug. 19...
View ArticleFormer Walmart spokesman Tovar joins Sprint
David Tovar, former vice president of corporate communications for Wal-Mart Stores, was recently hired by Sprint and will relocate his family to the Kansas City area.Tovar reportedly joined Sprint on...
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Little Rock entrepreneur brings ‘Painting With a Twist’ to Fort Smith
story by Janette Ballman, special to The City WireA new business in Fort Smith’s Pavilion shopping center is bringing opportunities for entertainment, as well as helping local charities raise money...
View ArticleTyson Foods chairman divests 10% of his company holdings
John Tyson, chairman of Tyson Foods and grandson of the founder, sold 335,550 shares of his stock in the meat company for proceeds totaling more than $13.858 million. The insider transaction was...
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