The Flipkart Group, the Indian retailer partially owned by Walmart, raised $3.6 billion (U.S.) in new funding as it seeks to grow an e-commerce ecosystem in India. Lead investors include Walmart, GIC, Canada Pension Plan Investment Boards and SoftBank Vision Fund 2. Other investments came from DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, and […]
Continue ReadingA Fort Smith company has agreed to a plan with the U.S. Environmental Protection Agency (EPA) to remove over five million pounds of hazardous waste stored at a site near the Arkansas River, according to the EPA Region 6. The EPA reached a settlement with US Technology Corporation regarding alleged hazardous waste violations at […]
Continue ReadingWalmart announced Wednesday (March 31) plans to bring its in-home delivery service to parts of Northwest Arkansas effective April 7. The retailer’s home base is the fourth market for the service. The service is available to about 5 million people in Kansas City, Pittsburg and Vero Beach, Fla. Consumers who want to take part […]
Continue ReadingThe Arkansas Small Business and Technology Development Center (ASBTDC)’s Fort Smith office is officially open and ready to help business owners in Sebastian, Crawford and Scott counties. Following a nationwide search, Bill Sabo has been named the regional office director of the center, which will serve businesses in Sebastian, Crawford and Scott counties, the […]
Continue ReadingArkansas State University Delta Center for Economic Development, Arkansas Economic Development Institute, and the Central Arkansas Planning and Development District are partnering to offer a COVID-19 Recovery and Resiliency Workshop in North Little Rock. It will be held Thursday, (July 29), at Ben E. Keith Foods Mid-South Distribution Center. The workshop will feature […]
Continue ReadingTonnage shipped on the Arkansas River during the first five months of 2021 is up 0.54% compared with the same period of 2020, with inbound and outbound traffic boosting activity on the more than 400-mile navigable waterway. River traffic was beginning to improve from record historic flooding in early 2019 when the COVID-19 pandemic […]
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