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Consumers spending more on autos, with 2014 sales predicted to rise
One sector that has come roaring back from recessionary lows is the U.S. auto industry. While Americans are driving 7.2% less than they did before the 2008 recession, they are still spending more on...
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Fort Smith Board to consider law firm contract to sue Whirlpool
story by Ryan Saylorrsaylor@thecitywire.comA potential contract with an outside law firm which could lead to steep fines against Whirlpool Corp. for its admitted contamination of a large area on and...
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McMillon challenges Wal-Mart and suppliers in ongoing sustainability push
story by Kim Souzaksouza@thecitywire.comIn his first public forum as CEO of Wal-Mart Stores Inc. Doug McMillon challenged employees and suppliers to innovate, saying he would push the envelope in...
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Winter weather slows Northwest Arkansas home sales
story by Kim Souzaksouza@thecitywire.comOld man winter is the blame for lackluster home sales across Northwest Arkansas in January and likely February as well, according to local agents. From Jan. 1...
View ArticleTyson reportedly bid for Michael’s Foods
Twice in recent days, Bloomberg has reported Tyson Foods’ interest in acquiring Michael’s Foods, an egg protein business controlled by Goldman Sachs private equity arm.Tyson CEO Donnie Smith said...
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School Board reverses decision on Darby work, gives contract to Turn Key
story by Michael Tilleymtilley@thecitywire.comThe Fort Smith Public School Board of Education went against the urgings of school administration and a project architect to reverse its previous vote and...
View ArticleCattle and beef price margins adjust amid winter weather
After a wild January ride, cattle and beef markets are settling into somewhat more stable levels moving forward, according to Derrell Peel, livestock marketing specialist with Oklahoma State...
View ArticleArvest NWA raises $146,000 for United Way
Arvest Bank and its employees in Northwest Arkansas raised $146,466 in donations for the United Way to help serve individuals and organizations across the region in its 2013 campaign. The bank said...
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Fort Smith area sees positive home sales numbers in January
story by Ryan Saylorrsaylor@thecitywire.comJanuary home sales in Crawford and Sebastian Counties posted increases from the same period last year, with both counties posting values more than 40% higher...
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$58 million medical school planned for Chaffee Crossing
story by Michael Tilleymtilley@thecitywire.comFort Smith could soon be home to Arkansas’ first osteopathic medical school and one of just 31 in the U.S., thanks to a more than $58 million investment...
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One-time charge, interest rate pressures reduce income at America’s Car-Mart
story by Kim Souzaksouza@thecitywire.comA recovering economy, more lenders in the subprime auto space and higher charge-offs have thrown a monkey wrench into the operations of America’s Car-Mart, a...
View ArticleDarin Gray named president of Little Rock-based CJRW
Springale resident Darin Gray of Springdale has been named the president of Little Rock-based Cranford Johnson Robinson Woods, Arkansas’ largest advertising, marketing and public relations...
View ArticleTyson names new senior beef business exec
Tyson Foods Inc. recently promoted Kevin Hueser to senior vice president of beef margin management. He will oversee cattle procurement, boxed-beef pricing, ground beef and trim sales and pricing,...
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Crye-Leike continues to grow market strength in Northwest Arkansas
story by Kim Souzaksouza@thecitywire.comIt’s been six years since Harold Crye, CEO of Crye-Leike Real Estate, expanded the company’s footprint into Northwest Arkansas. He said the local business has...
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Car-Mart shares hit 52-week low on interest rate competition concerns
story by Kim Souzaksouza@thecitywire.comHigher-than-expected loan losses prompted America’s Car-Mart to amend its credit agreement with lenders. The 2% adjustment to credit losses cut third quarter...
View ArticleMurphy USA posts annual income of $235 million
story from Talk Business, a TCW content partnerMurphy USA, the retail spinoff of Murphy Oil Corp. posted fourth quarter profits of $93.6 million on revenue of $4.19 billion. For the full year, El...
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Wal-Mart quarterly and annual revenue and income miss the mark (Updated)
That was ugly. Not only did Wal-Mart Stores miss by a large margin its fourth-quarter earnings expectations, but the global retailer’s full year net income was down 5.7% compared to the prior year and...
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Wal-Mart to accelerate rollout of small-store format
story by Kim Souzaksouza@thecitywire.comConvenience is what consumers want and officials with Wal-Mart Stores said Thursday (Feb. 20) they committed to giving shoppers what they want by doubling the...
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NWAAC hosts expert speaker on climate change
Michael Gerrard will speak on climate change regulation at NorthWest Arkansas Community College on Feb. 27. Gerrard is a professor at Columbia Law School in New York, where is also serves as the...
View ArticleNWACC student qualifies for national oratory championship
Randy Franco, president of NorthWest Arkansas Community College’s Speech and Debate Team, recently qualified for the 2014 Interstate Oratory Association National Championship. Franco won second place...
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