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Walmart’s Simon announces $10 million innovation fund

story by Kim Souzaksouza@thecitywire.comWalmart U.S. CEO Bill Simon announced Thursday (Jan. 23) a $10 million innovation fund from the retailer and its foundation to spur new U.S. manufacturing...

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Tonnage up, but U.S. freight shipments reflect ‘mediocre’ economy

The weight of materials shipped by truck grew an estimated 6.2% in 2013, but overall U.S. freight shipments were “mediocre” in 2013 and reflective of “another bumpy year in the recovery.”The American...

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Merger costs curb Simmons First profits by $4 million

story by Kim Souzaksouza@thecitywire.comSimmons First National Corporation said it incurred $4 million associated from the acquisition of Metropolitan National Bank and the subsequent branch...

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Chaffee Crossing chief receives 17.95% salary increase

story by Ryan Saylorrsaylor@thecitywire.comThe Fort Chaffee Redevelopment Authority meeting Thursday (Jan. 23) saw its board of directors approve an extension of Executive Director Ivy Owen's contract...

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The Friday Wire: Water park surprises and the female libido

Water park surprises, $20 million in jail money, Mike Huckabee’s thoughts about the female libido, and the financial impact of a “Battle at the Fort” are part of the Jan. 24 Friday Wire for the Fort...

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Sam's Club cuts 2,300 jobs, about 2% of workforce (Updated)

Sam's Club is laying off 2,300 workers as the warehouse club seeks to reduce the level of middle managers. The staff reduction is roughly 2% of Sam's workforce, and is the largest staff reduction by...

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Rep. Fite, Assessor Yandell announce their re-election bids

Sebastian County Assessor Becky Yandell and Rep. Charlene Fite, R-Van Buren, are the most recent to announce their re-election bid in the 2014 election cycle.Other area officials to announce a...

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2013 enplanements up at XNA, down at Fort Smith Regional

Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire and presented by Fort Smith-based Benefit Bank. Other supporting sponsors of The...

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Whirlpool submits revised pollution mitigation plan to ADEQ

story by Ryan Saylorrsaylor@thecitywire.comFull-scale chemical oxidation treatments of a chemical plume in south Fort Smith will not happen until Spring 2016 while a soil monitoring station will be...

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Economy, public projects focus of Mayor Freeman’s state of the city talk

story by Ryan Saylorrsaylor@thecitywire.comVan Buren is still feeling the effects of the Great Recession, as evidenced by a mix of sales tax figures, number of building permits issued and other...

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Sources: Headquarter job cuts ongoing at Wal-Mart, Sam’s Club

story by Kim Souzaksouza@thecitywire.comRetail insiders and consultants to Wal-Mart Stores have told The City Wire the annual job elimination drill at corporate headquarters has been ongoing for the...

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Arkansas one of six states to post year-over-year jobless rate rise

Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire and presented by Fort Smith-based Benefit Bank. Other supporting sponsors of The...

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U.S. farm bill vote will test Cotton, Pryor positions

On Monday, federal lawmakers announced that an agreement on a U.S. farm bill had been made. The move includes a variety of changes that Senate and House members have opposed, and an upcoming vote on...

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Van Buren Chamber sees growth, new relationships under Krutsch's leadership

story by Brittany Ransombransom@thecitywire.comThe Van Buren Chamber of Commerce of today looks drastically different than the chamber of 2007. When Jackie Krutsch came to the organization more than...

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Non-farm job growth gains impressive for Northwest Arkansas, Jonesboro areas

Northwest Arkansas’ nonfarm job growth percentage ranked No. 11 in the nation last year out of 372 metro areas, according to figures posted Tuesday (Jan. 28) by the U.S. Bureau of Labor Statistics. The...

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Fort Smith Convention Center sees revenue rise in 2013

story by Ryan Saylorrsaylor@thecitywire.comThe Fort Smith Convention Center saw a drop in the number of events it hosted in 2013, but that did not stop the event center from having one of its best...

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Arkansas Sens. Pryor, Boozman critical of Obama’s State of the Union address

story by Ryan Saylorrsaylor@thecitywire.comPresident Barack Obama delivered his fifth annual State of the Union address to a joint session of Congress Tuesday night (Jan. 28) in Washington, and...

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Political fight to continue on ‘far from a perfect’ federal farm bill

story by Michael Tilleymtilley@thecitywire.comDemocrats and U.S. Sen. Mark Pryor, D-Ark., will do all they can to make political hay with U.S. Rep. Tom Cotton’s vote Wednesday (Jan. 29) against the...

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Retail experts note opportunities, threats for new Wal-Mart CEO

story by Kim Souzaksouza@thecitywire.comAnalysts and retail experts anticipate strong, charismatic leadership from Doug McMillon when he takes the reins from Wal-Mart Stores Inc. CEO Mike Duke on...

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Ross rails against ‘raw politics’ during stops in Fort Smith, Greenwood

story and photos by Michael Tilleymtilley@thecitywire.comA long pause ensued after Democratic gubernatorial candidate and former Arkansas Congressman Mike Ross was asked his thoughts about President...

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