AGP Executive Report
Last update: 2 hours agoCritical Minerals & Energy Policy: Alcoa says the U.S. Department of Energy approved a pilot in Bauxite, Saline County to test microwave tech for recovering critical minerals from old bauxite residue, part of $162 million in federal selections aimed at turning mining waste into usable materials. Retail & Payments: Walmart will roll out contactless payments nationwide, including Apple Pay, by year-end, starting Aug. 24 in some stores; the move comes as the retailer navigates pricing pressure and slower U.S. comparable sales growth. Arkansas Economy: Arkansas’ unemployment rate held near record lows, dropping to 4.0% in July as nonfarm payroll jobs rose slightly and labor force participation improved. Local Housing Development: 7hills Homeless Center plans to sell its south Fayetteville day center site for a 60-unit affordable housing project using LIHTC, while keeping day center services at its Walker Campus. Business Risk Watch: America’s Car-Mart again flagged “substantial doubt” about its ability to keep operating, citing heavy losses and dealership closures, and said it’s pursuing strategic alternatives. Food & Consumer Safety: A roundup of recent recalls highlights ongoing risks from jalapeño-linked salmonella and other foodborne illness alerts.
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