Recent Articles
  • Gateway Park In Fort Smith On Schedule For Fall Opening, First National Adds To Its Donation

    FORT SMITH, Ark. (TB&P) —The multi-colored building that once housed AC Taylors Mobile Service Station where Rogers and Garrison Avenue join converge has been demolished and foundation work has started on Gateway Park in downtown Fort Smith. The project is on schedule for a late September/early October opening, said John McIntosh with 64.6 Downtown. First National Bank of Fort Smith announced Thursday (July 18) it would double its original pledge to the park and donated $50,000 to 64.6 Downtown for the […]

  • Arkansas Unemployment Rate Touches All-Time Low Of 3.5%

    ARKANSAS (TB&P) — Arkansas’ jobless rate fell one-tenth of a percentage point to 3.5% in June, matching the state’s all-time low first touched twice in 2017 and 2018 as employment levels across the state peaked for the fifth straight month, state Division of Workforce Services officials reported Friday (July 19). Closing out the first half of 2019 with growth in a continuing strong job market in Arkansas, state labor force data shows the seasonally adjusted unemployment rate declined from 3.6% […]

  • It Remains Unclear If Online Grocery Will Help Walmart’s Online Division Be Profitable

    BENTONVILLE (KFSM) — continues to ring up large losses, which insiders project will be $1 billion this fiscal year. Though Walmart does not break out its online sales, the retailer has said it is taking longer than planned for the division to be profitable even with the billions already invested. The Bentonville-based behemoth is betting big on Walmart online grocery to help level the playing field against Amazon. The company is aggressively rolling out the online grocery pickup services […]

  • Fort Smith Moves A Step Closer To Joining Main Street Arkansas Program

    FORT SMITH, Ark. (KFSM) — The Fort Smith Board of Directors on Tuesday (July 16) approved a resolution endorsing the city’s inclusion in the Main Street Arkansas Program. It’s one of the last parts of the process required, according to 64.6 Downtown Executive Director Talicia Richardson, who is leading the effort to get downtown Fort Smith in the program. Under the Department of Arkansas Heritage, Main Street Arkansas provides support for the businesses and organizations within the Main Street communities […]

  • NWA Poll Gathers Thoughts On Razorbacks, Walmart And The Next Arkansas Governor

    NORTHWEST ARKANSAS (TB&P) — Alcohol at Razorback Stadium, ranking the region’s top CEOs and the prospect of a Governor Sarah Huckabee Sanders. If you want opinions from residents of Benton and Washington counties, just ask them. The Northwest Arkansas Business Journal’s midyear poll examined these subjects and plenty more. Conducted June 26-28 by Talk Business & Politics Research, Hendrix College and Impact Management Group, 357 cellphone and landline users were asked eight questions regarding the region’s direction and future. Quality […]

  • Barry Could Devastate Arkansas’ Rice Crop

    ARKANSAS (TB&P) —Arkansas’ rice crop, delayed by a wet spring and bludgeoned by high heat, is now facing a triple threat from Tropical Storm Barry, whose remnants are expected to drop heavy rain on the eastern side of the state on Sunday (July 14). The National Hurricane Center on Thursday (July 11) showed potential rainfall totals ranging from 4 to 10 inches in eastern Arkansas, with the higher amounts expected closer to the Mississippi River. “Barry has the potential to […]

  • Arkansas Group To Propose Ballot Issue For Recreational Marijuana, Expunge Low-Level Marijuana-Related Offenses

    (TB&P) — A medical cannabis advocacy and education group that has pushed for marijuana changes in Arkansas for several years said it plans to file two ballot petitions on Wednesday (July 10) that would legalize all cannabis sales and use in the Natural State and expunge the records of low-level pot offenders. Melissa Fults, executive director of the nonprofit Drug Policy Education Group (DPEG), told Talk Business & Politics Tuesday (July 9) her organization plans to file the proposed ballot […]

  • Arkansas Lottery Sets New Records For Yearly Sales, Scholarship Proceeds

    LITTLE ROCK (KFSM) — The Arkansas Scholarship Lottery (ASL) closed out the fiscal year 2019 ended June 30 with record sales of more than $516.23 million, which is $16 million over the previous year’s total. ASL Director Bishop Woosley said the state celebrated yearly recording-breaking achievements in other categories, including the amount of proceeds raised for scholarships. “We broke the previous proceeds record of $97,582,528 set in 2012, which means more scholarship money for deserving Arkansas students this year,” said […]

  • CVS Expands $59 Telehealth Video Visits To Arkansas

    FAYETTEVILLE (KFSM) — CVS Health, the largest pharmacy health care provider in the United States, announced Wednesday (July 10) that MinuteClinic, the company’s retail medical clinic, has rolled out its virtual visit offering in eight additional states, including Arkansas. The service makes healthcare professionals available 24 hours a day through the CVS Pharmacy app and online. CVS said the service is now available in 26 states with the recent additions of Arkansas, Connecticut, Hawaii, Indiana, Minnesota, Missouri, Oklahoma and Texas. CVS […]

  • Houston Company Shows Interest In NanoMech With $8 Million Offer

    SPRINGDALE (KFSM) — Houston-based petrochemical company Vinmar International looks to buy the assets of Springdale-based nanotechnology company NanoMech for $8 million. Meanwhile, the New York-based lender that sought to purchase the company initially has reduced its purchase agreement to match Vinmar’s offer. Vinmar is a marketer and distributor of plastics and chemicals and recently made an offer to buy NanoMech’s assets, according to court documents. The agreement was noted in a July 8 filing for an auction in the ongoing bankruptcy case NanoMech filed […]

  • Walmart Heirs Continue To Downsize Company Holdings

    (TB&P) — Heirs of the Walmart fortune continue to downsize their individual holdings in the company founded by their parents Helen and Sam Walton. Within one family trust, heirs Alice Jim and Rob Walton still own roughly one-half of the outstanding shares of Walmart Inc. The family has said it plans to keep those holdings close to 50%, selling as needed to maintain that balance. But individually, the heirs continue to reduce holdings and increase gifts to charity. Jim Walton, […]

  • New Basketball Coach Bucks Bridgewater Trend, Buys Home In Johnson

    FAYETTEVILLE, Ark. (TB&P) — Located east of Fayetteville off of North Gulley Road and Bridgewater Lane, upscale neighborhood Bridgewater Estates offers the comforts of country living but is still within a 10-minute drive for essentials and entertainment. That combination is appealing for those who can afford to live there — that includes high-profile coaches at the University of Arkansas. As one real estate executive once told the Northwest Arkansas Business Journal, the small neighborhood gets them out of the limelight, […]

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