The announcement that tech giant Hewlett-Packard will lay off 27,000 workers worldwide sent reverberations through Arkansas economic circles, particularly in Conway where the company opened a 1,000 employee, $28 million state-of-the-art service center in 2010. A spokesman for the Palo Alto, Calif.-based company tells Talk Business that “just about every business and region” will be impacted by the downsizing.

Read the full story

Fueled by growth in its domestic and overseas operations, Wal-Mart Stores Inc. posted first-quarter profits of $3.74 billion on sales of $112.27 billion and total revenue of $113.02 billion.

Read the full story

Tyson Foods reported second-quarter net income of $166 million, 6.4 percent higher than one year ago when the protein giant posted profits of $156 million. Revenues rose to $8.27 billion, up from $8 billion in the previous year.

Read the full story

By Roby Brock Gov. Mike Beebe said Tuesday that tax increases to make up the looming Medicaid shortfall were unlikely and not something he was going to propose. “It’s not anything I have planned or that I’ve heard from the Legislature,” Beebe said in an interview with Talk Business. State Medicaid officials are expecting a funding shortfall [...]

Read the full story

Grant Tennille, director of the Arkansas Economic Development Commission, says he’s already building on Gov. Mike Beebe’s trade trip to China. Tennille, permanently appointed to the AEDC post in late March, said follow-up to the Chinese trade mission will include diligent pursuit of discussions from the 12-day trip. 00

Read the full story

More Arkansans are working and fewer are unemployed.

Read the full story

University of Arkansas Athletic Director Jeff Long fired Razorback football coach Bobby Petrino on Tuesday citing “cause for termination.”

Read the full story

Gov. Mike Beebe’s trade mission to China may be a long-term investment for jobs in Arkansas, but the governor said he hopes for near-term results.

Read the full story

February’s jobless rate in Arkansas was unchanged from January at 7.6 percent.

Read the full story

Arkansas’ January unemployment rate was 7.6 percent, down from a revised December rate of 7.8 percent, and well below the 8.1 percent during January 2011.

Read the full story