NEWS IN BRIEF

— Energy Star rebates increased by state

The Arkansas Energy Office announced Wednesday it has increased the rebate amounts for its Energy Star Appliance Rebate Program. The increased amounts will apply to new purchases and will be retroactive for those who have already received rebates.

The program provides mail-in rebates for consumers who replace their refrigerators, clothes washers, and water heaters with products that qualify for an Energy Star Rating. The rebate amount for qualifying refrigerators increased to $275 from $125; clothes washers to $225 from $175;

and water heaters to $300 from $200.

Since the rebate program opened in March, about $832,356 of the original $2.74 million remained Wednesday.

Those who have already received rebates do not need to do anything to receive the additional rebate money. The Arkansas program is part of a $300 million nationwide effort to encourage energy efficiency.

White River Valley weekly paper sold

Northwest Arkansas Newspapers LLC has agreed to sell the White River Valley News, a weekly newspaper with offices in Elkins, to Madison County Record Inc.

The Madison County Record, with offices in Huntsville, has a circulation of 5,100 and is one of the largest weekly newspapers in Arkansas. The White River Valley News has a circulation of 600. Terms of the sale were not released.

The new owners will begin publishing the White River Valley News on Sept.

1.

Ellen Kreth of Madison County Record Inc. will serve as publisher of both newspapers. Kyle Mooty will serve as general manager of each paper.

Northwest Arkansas Newspapers publishes The Northwest Arkansas Times, The Springdale Morning News, The Rogers Morning News, and The Benton County Daily Record, and 14 weekly and niche publications in Northwest Arkansas. Northwest Arkansas Newspapers is a joint venture formed by Arkansas Democrat-Gazette, Inc., owned by WEHCO Media Inc., and Stephens Media LLC.

“I think there is a natural geographic and cultural fit between Elkins and Huntsville with many common stories of interest to readers and advertisers of both papers,” Jeff Jeffus, president of Northwest Arkansas Newspapers, said in a prepared statement.

Arkansas Index adds 0.85 as 11 stocks rise

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, rose 0.85 to 175.92 Wednesday.

Eleven stocks advanced, and six declined.

The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business, Pages 25 on 06/24/2010

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