Arkansas Business News

Walmart's annual party canceled amid virus crisis Walmart Inc. has canceled its annual employee celebration week and will hold its formal shareholders meeting online, on June 3, the company said Friday. by Serenah McKay, Nathan Owens - April 4, 2020

Workers at mills pick aid over pay Some 200 workers at Anthony Timberlands' pine mills in Malvern and Bearden will be laid off temporarily, in part because they prefer to receive unemployment che... by Stephen Steed - April 4, 2020

Walmart tackles virus at site A Walmart Inc. warehouse in Bethlehem, Pa., is closed until Monday for disinfecting after a ninth worker at the facility was diagnosed with the covid-19 virus. by Serenah McKay - April 4, 2020

News in brief Walmart stores limit customers' access April 4, 2020

Getting it straight Windstream Holdings Inc. has 1.049 million broadband customers. The number of broadband customers was incorrectly stated Friday and on March 3. April 4, 2020

Walmart to hold annual Shareholders’ Meeting online Walmart, Inc.’s annual Shareholders’ Meeting set for June 3 will be online-only this year due to the coronavirus outbreak. by Serenah McKay - April 3, 2020

Rainfall prevents Arkansas farmers' planting; forecasts warm, wet, officials say Prospects for Arkansas farmers and spring planting this year don't look much better than last year, when a record 1.3 million acres went unplanted because of pe... by Stephen Steed - April 3, 2020

Windstream submits a restructuring plan for court's approval Windstream Holdings Inc. has filed a restructuring plan in federal court that would allow the company to reduce its debt by $4 billion and emerge from bankruptc... by Andrew Moreau - April 3, 2020

LR apartment complex sells for $29M A subsidiary of a New York real-estate investment has purchased the Forest Place Apartments at 1421 N. University Ave. in Little Rock for $29.3 million. by Arkansas Democrat-Gazette - April 3, 2020

El Dorado-based Murphy Oil makes cost-cutting moves El Dorado-based Murphy Oil Corp. said Wednesday that because of ongoing weakness in the oil sector it is cutting executive pay, reducing its yearly capital spen... April 2, 2020

Tyson to get $1.5B Morgan Stanley loan Morgan Stanley has agreed to lend $1.5 billion to Tyson Foods Inc., the Springdale company said Wednesday in a shareholder filing. by Arkansas Democrat-Gazette - April 2, 2020

Bank OZK to pay quarterly dividend Bank OZK announced Wednesday that it will pay a regular quarterly cash dividend of 27 cents per common share to stockholders of record as of April 13. The divid... by Arkansas Democrat-Gazette - April 2, 2020

Hutchinson announces Bentonville covid-19 testing site for health care workers, first responders Gov. Asa Hutchinson announced Wednesday a drive-through covid-19 testing site for first responders and health care workers with coronavirus symptoms will open, ... by Alex Golden - April 1, 2020

Losses cap 1Q for state stocks Arkansas-based stocks on Tuesday ended their worst quarter since the recession of 2008-2009 and, like then, financial experts don't know when the bleeding will ... by Stephen Steed - April 1, 2020

Walmart to screen workers for illness Walmart Inc. will start screening hourly employees for symptoms of covid-19 as they show up for work, including taking their temperatures, the company said Tues... by Serenah McKay - April 1, 2020