20% GDP health care projection raises questions about costs, efficiencies
story by Steve Brawner, courtesy of Talk Business & Politicsbrawnersteve@mac.comHealth care spending is projected to increase as a percentage of the U.S. gross domestic product from 17.4% in 2013...
View ArticleThe Video Wire: The great imitation cheese controversy
Dawson Meadows reports that the same crack staff who selected the name for Fort Smith’s Parrot Island Waterpark has been appointed to find a new mascot for Southside High School. Once again, Meadows is...
View ArticleU.S. GDP rose 2.3% in second quarter, first quarter revised up to 0.6%
story by Wesley Brown, courtesy of Talk Business & Politicswesbrocomm@gmail.comThe nation’s economy gained momentum in the second quarter as real gross domestic product in the U.S. rose 2.3% in the...
View ArticleFreight reports show ‘tepid’ U.S. economy, consumer gain from Iranian oil
Two national freight reports paint a picture of a “tepid” U.S. economy hampered by a strong U.S. dollar and struggling retail sales. And, in a somewhat counterintuitive twist, one report says a factor...
View ArticleU.S. Senate OKs highway and VA bill; work with House on long-term road bill
story from Talk Business & Politics, a content partner with The City WireA short-term highway bill drew the support Thursday of 91 U.S. Senators, including Arkansas’ Republican U.S. Sens. John...
View ArticleWall Street expects big third quarter profits for Tyson Foods
story by Kim Souzaksouza@thecitywire.comAnalysts predict Tyson Foods will earn $387 million in fiscal third quarter net income, a gain of 45% from the year-ago period. That equates to 93 cents per...
View ArticleMedicare, Medicaid programs turns 50, covered 53.8 million people in 2014
story by Steve Brawner, courtesy of Talk Business & Politicsbrawnersteve@mac.comAs Congress continues its never-ending debate about Obamacare and Arkansas legislators consider alternatives to the...
View ArticleBank of Fayetteville acquired by Farmers and Merchants Bank of Stuttgart
story by Kim Souzaksouza@thecitywire.comBank of Fayetteville, Fayetteville’s oldest hometown bank, is being acquired by Farmers and Merchants Bankshares of Stuttgart to form a $1 billion financial...
View ArticleFormer Arkansas Senate Chief of Staff goes ‘Inside the Arkansas Legislature’
story by Roby Brock, with Talk Business & Politics, a content partner with The City Wireroby@talkbusiness.netFormer Arkansas State Senate Chief of Staff Bill “Scoop” Lancaster has a new book out...
View ArticleArcBest second quarter income up 16%, YTD income up more than 72% (Updated)
Editor's note: Story updated with additions and changes throughout.ArcBest Corp. posted second quarter net income of $19.967 million, up 16% compared to the same quarter of 2014, thanks in large part...
View ArticleQuarterly income up 31.9% for Tyson Foods, revenue up more than 40% (Updated)
story by Kim Souzaksouza@thecitywire.comEditor's note: Story updated with changes and additions throughout.A more than $900 million gain in prepared food segment revenue helped push fiscal third...
View ArticleUA 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...
View ArticleEPA issues state carbon emission rules, Gov. Hutchinson opposes the plan
story by Wesley Brown, courtesy of Talk Business & Politicswesbrocomm@gmail.comThe federal Environmental Protection Agency on Monday released its final rules on President Obama’s far-reaching and...
View ArticleLittle Rock-based Arkansas Children’s Hospital eyes Springdale for new facility
story by Kim Souza and Talk Business & Politicsksouza@thecitywire.comA growing population in Northwest Arkansas and continued benevolent support for Arkansas Children’s Hospital Foundation are two...
View ArticleIncome 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...
View ArticleArkansas 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 ArticleAttorney says costs to change rebel mascot higher than officials estimated
story by Michael Tilleymtilley@thecitywire.comFort Smith attorney Joey McCutchen is not giving up on his effort to push back against the move now underway to change the mascot and fight song at...
View ArticleTyson 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 ArticleGov. Hutchinson pauses controversial Medicaid termination process
story by Steve Brawner, courtesy of Talk Business & Politicsbrawnersteve@mac.comThe Department of Human Services will pause for the next two weeks in sending out notices of termination for the...
View ArticleFort Smith Board approves split bond duties between Stephens, Raymond James
story by Michael Tilleymtilley@thecitywire.comAn historical change in who handles the bulk of city of Fort Smith bond issuances was approved Tuesday (Aug. 4) by the Fort Smith Board of Directors, with...
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