NWA 2050: Bella Vista bike park aims to boost local economy and tourism
FAYETTEVILLE, Ark. (KNWA/KFTA) — Northwest Arkansas' growth continues with plans for a new chairlift-served downhill mountain biking park in Bella Vista.
The project will add more than 20 miles of gravity trails and connect Bella Vista to Bentonville, known as the world's 'mountain biking capital.'
'I've lived here a year and a half, and mountain biking is the reason I moved here. '
For Jeff Miller, mountain biking isn't just a hobby — it's a way of life.
'It just gets me outside for me; it was definitely health stuff and just mental health, especially a way to get away from the desk and just enjoy just enjoy life,' said Miller.
As a member of Friends of Arkansas Singletrack, a local mountain biking group, the addition of the OZ Trails bike park is seen as not only the newest hotspot for mountain biking, but also a chance to raise the sport's profile and attract even more attention to it.
Fayetteville rally gathers for a 'Protest to Save Democracy'
'I think it changes the game,' Miller said. 'It just gives us more of variety because we have so many different kinds of trails, and it's just one more piece of the puzzle that'll attract people.'
Last month, the Walton-owned Runway group announced plans for a new bike park in Bella Vista along Highway 71.
The park will expand on the existing OZ Trails, adding state-of-the-art facilities, a purpose-built pump track and a new bike shop and rental center. Bella Vista Mayor John Flynn said it is a huge win for the growing town.
Conway, Little Rock men sentenced for illegal tiger possession
'You know people in Bella Vista have been hungry for having more economic development, and I think this is going to be a real steppingstone for us,' Flynn said.
Scott King, with the Runway group, said this bike park will have a great effect on local businesses and their ability to attract future employees.
'Whether they're outdoor recreation or not… if you're a business in town, it's easier to attract new workers, new team members, new associates to come to a place where we have great outdoor recreation amenities,' said King.
Another factor that riders like Miller believe will pay off for decades to come.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Miami Herald
7 hours ago
- Miami Herald
Walmart analysts reboot stock price targets on credit card deal
Look up, look down, Walmart (WMT) is all around. First, we'll go high. The world's largest retailer, which has a store within 10 miles of 90% of the U.S. popuation, recently said it would expand its drone delivery service through Alphabet-owned (GOOGL) Wing. The expansion will reach customers from 100 stores in Atlanta, Charlotte, Houston, Orlando and Tampa within the coming year. Don't miss the move: Subscribe to TheStreet's free daily newsletter With the expansion, Walmart's drone deliveries will be available in five states: Arkansas, Florida, Georgia, North Carolina and Texas. "As we look ahead, drone delivery will remain a key part of our commitment to redefining retail," Greg Cathey, senior vice president of Walmart U.S. Transformation and Innovation, said in a statement. Meanwhile, the "Tonight Show"'s Jimmy Fallon hosted Walmart's annual meeting, which also included such musical acts as the Killers, Noah Kahan, Camila Cabello and Post Malone. Walton Goggins, who is appearing in Walmart's new ad campaign, and Chris Paul, guard for the NBA's San Antonio Spurs, also showed up. "Walmart is No. 1, so shove it, Target," Fallon sang, digging at one of the company's key rivals. "There is no place I would rather be on Friday at 8 a.m." Walmart President and CEO Doug McMillon told the audience that the company wanted "to be a lab of opportunity," the Arkansas Democrat Gazette reported. Bloomberg/Getty Images "The real magic happens with the combination of our people and technology," he said. ""We love people and we embrace change." More Retail Stocks: Halloween retailer sounds warning consumers need to hearTarget expands same-day delivery to 100s of retailersWalmart makes surprise cuts as it looks at tariff price hikes And then there was the news that Synchrony Financial (SYF) and OnePay, a fintech majority-owned by Walmart, would launch a new credit card program. That's scheduled to go live in the fall. OnePay, which Walmart created in 2021 with the venture firm Ribbit Capital, will handle the customer experience for the card program through its mobile app. In 2023, Walmart sued Capital One to end their credit card partnership early, alleging that McLean, Va., financial services company was not fulfilling its contractual obligations. A federal judge ruled in Walmart's favor, but Capital One was evaluating its right to appeal. The companies settled last year and the lawsuit was dismissed. The Walmart card program had 10 million customers and roughly $8.5 billion in loans outstanding last year, when the partnership with Capital One ended, according to Fitch Ratings. TD Cowen noted that Synchrony would not purchase the existing Walmart card portfolio from Capital One (COF) , so this new program will have to be built from scratch, according to The Fly. Similar to any new portfolio, TD Cowen said, it will likely be dilutive to holders at first, as Synchrony will need to build reserves, the analyst tells investors. However, while the investment firm said it would need more details from the Bentonville, Ark., retailer, the fact that Walmart, via OnePay, decided to come back to Synchrony indicates "favorable negotiating position/economics" for Synchrony in this deal. It views the plan as a positive for the financial services group. TD Cowen has a buy rating and $68 price target on Synchrony shares. Related: Walmart quietly launches new same-day delivery option in 5 more US cities Walmart shares are up 7% this year and up nearly 45% from this time in 2024. RBC Capital raised its price target on Walmart to $103 from $102 and affirmed an outperform rating on the shares. Having attended the company's Annual Associates & Shareholders Week meeting, the investment firm said management's tone and messaging were consistent with the Q1 earnings call in mid-May. Management said it was working on an artificial-intelligence-enabled offering that will reorder core grocery items when they're running low. The company is working to leverage AI to pair consumer-purchases data and smart-fridge technology, the firm said. KeyBanc raised its price target on Walmart to $110 from $105 and maintained an overweight rating after the annual meeting. The firm came away incrementally positive on Walmart's ability to drive share gains in 2025 and beyond; growth of e-commerce and advertising; and Walmart's ability to grow operating profit faster than sales over a multiyear horizon. Importantly, KeyBanc said that it continues to believe Walmart's digital business is exhibiting flywheel characteristics, where growth should drive additional growth. While it still sees potential risks to consumer spending as the Trump administration's tariffs start to flow through to store-shelf prices, the firm says Walmart is among the best positioned in retail. Related: Fund-management veteran skips emotion in investment strategy The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Politico
7 hours ago
- Politico
The ‘Chip War' under Trump
With help from Anthony Adragna Semiconductors are quickly taking their place as perhaps the world's most coveted products. They might not be redrawing maps or starting wars, like the spice trade or petroleum, but in the past few years the $600 billion chip trade has risen to the top of global conversations around security and economic dominance. It's also a very fragile ecosystem. The microchip supply chain is dizzyingly complex and full of chokepoints — not least the dominance of geopolitically vulnerable Taiwan. And it has been thrown into upheaval by the transition between Presidents Joe Biden and Donald Trump, whose trade policies take sharply different approaches to keeping China in check. Tufts University historian Chris Miller is the foremost academic expert on the semiconductor trade; his influential book Chip War was required reading for the Biden administration during the implementation of the CHIPS Act. Since Miller published it in 2022, microchips have become even more important — and more contested. What's changed lately, and what issues does it raise for policymakers? DFD spoke with Miller about the rising tensions. 'U.S.-China tech competition has intensified, and semiconductors have really taken center stage, in part because of their role in AI,' said Miller. He saw the CHIPS Act was a major step forward for insuring against a doomsday scenario in which the U.S. suddenly loses access to Taiwan's chip fabrication plants, but hasn't necessarily made up for China's recent strides in manufacturing. He also identified a couple of ways that Trump's renegotiation and tariff strategies could backfire, and highlighted a hidden risk of the president's recent chip deals in the Middle East. Oh, and he said a Chinese invasion of Taiwan is still a bigger risk than people think. Why the CHIPS Act was a good start (but not enough): As Chip War documents, China's rise as a chipmaker was very deliberate, launched by President Xi Jinping around 2014. Thwarting Xi's bid for semiconductor dominance has been a major focus of U.S. tech policy under both Biden and Trump, though with very different tools. Biden supported export controls on powerful chips, and took an investment-driven approach to bring chip manufacturing back to the U.S. The CHIPS Act, with its industrial subsidies, has been 'a big deal,' said Miller, pointing to the Taiwan Semiconductor Manufacturing Company's (TSMC) $165 billion investment to build plants in Arizona. 'It gives a meaningful amount of room to maneuver in a worst-case scenario.' But there are limits to how much it has accomplished. China isn't the world's leading microchip power, but Miller thinks it has made significant progress even since his book came out, thanks to its frenzy of domestic manufacturing investment beginning in 2023. 'It's closed the gap between its aspirations and reality,' he said. TSMC still fabricates about 90 percent of the world's most advanced semiconductors, around the same level as in 2022. A Chinese invasion or blockade of Taiwan would thus knock out a linchpin of the U.S.'s chip supply chain — a threat Miller believes has only intensified since 2022. Not only have China's military powers grown, but its recent investments in domestic manufacturing have lessened its dependence on Taiwan's fabricators. 'China's actually beginning to kind of develop some insurance against the economic cost of knocking off Taiwan,' Miller said. 'I don't think that, either at the U.S. government or corporate level, people are really pricing in the risk.' An 'America first' chip strategy could backfire: Biden's chip strategy was built on the carrot of investment subsidies. Trump's is built on the stick of tariffs. The president claims that he used the threat of 100% tariffs to convince TSMC to pitch in an additional $100 billion for its U.S. expansion, up from the $65 billion it pledged right before he took office. (TSMC declined to comment to DFD on whether the prospect of tariffs was the motivation.) Miller said that tariffs are a reasonable chip policy to a certain extent, but could end up dashing the U.S.'s chances of leading the AI boom by making high-end chips too expensive. 'It's those chips scal[ing] at as low cost as possible that enable AI, enable our tech firms,' he said. Trump is a fierce critic of the CHIPS Act, wary of using public money to promote domestic manufacturing. Commerce Secretary Howard Lutnick told senators at a budget hearing last week that the administration is actively renegotiating CHIPS grants, pushing manufacturers to put more skin in the game. This, too, could ultimately backfire, said Miller. 'Companies are not going to do more than is economically rational,' he said. 'That will be a limiting factor in terms of what kinds of renegotiations we end up seeing.' An overlooked risk of the Middle East chip deals: Trump has also been promoting the use of U.S. semiconductors abroad. Deals between American AI companies and Gulf states were a centerpiece of Trump's Middle East tour in May. Some in Congress saw this as a security threat. Rep. John Moolenaar (R-Mich.) worries that it would give Beijing yet another way to steal U.S.-made chips that America legally bars from selling to China. (China's recent manufacturing strides have mainly been with mid-to-lower tier chips, so it still needs to smuggle in the higher-end units needed for AI.) This tension between national security and business development has long plagued the chip industry – Chip War recounts similar congressional handwringing over American companies sharing advanced research with the Dutch firm ASML to improve chip printing in the 2000s. Miller said the national security objections could have some merit, but also added that smuggling computing power is no longer a matter of just getting your hands on physical chips. 'Most data centers like those from cloud computing are accessed remotely,' said Miller. 'So one of the key questions for the Middle East deals is not just whether the chips will stay where they are, but will the computing be accessed remotely by entities that shouldn't be accessing it?' Miller still believes that U.S. export controls should focus on the most advanced semiconductors. Those are the chips China wants, and Miller isn't sold that the country will be able to up their production anytime soon. He said, 'The evidence we have right now is that because China's own production capacity is so constrained, that's not realistic over the next couple of years.' The Senate takes on a new (and very old) AI problem Congress is worried that AI therapists might be a bunch of quacks, threatening users' mental health and data privacy. On Monday, Sens. Cory Booker (D-N.J.), Alex Padilla (D-Calif.), Peter Welch (D-Conn.), and Adam Schiff (D-Calif.) announced they'd sent a letter to Meta in which they 'express concern over reports that Meta is deceiving users who seek mental health support from its AI-generated chatbots, creating the false impression that AI chatbots are licensed clinical therapists.' Their questions were based partly on 404 Media's coverage of therapy chatbots on Instagram, which reporters found had been claiming to hold psychology doctorates and certifications from medical licensing boards, even producing fake licensing numbers. The senators asked Meta what it was doing to prevent chatbots from making such misrepresentations and protect the data of users seeking AI therapy. (Meta did not respond to DFD's inquiry by deadline, nor has it responded to the senators' letter. In the initial 404 article, it said: 'AIs are clearly labeled and there is a disclaimer that indicates the responses are generated by AI to help people understand their limitations.') Therapy chatbots are both very new and very old. One of the first famous experiments in human-computer conversation was in the 1960s, when Massachusetts Institute of Technology professor Joseph Weizenbaum programmed a therapist-style bot named Eliza. It would console troubled users by spitting out responses based closely on their input, like, 'I am sorry to hear that you are depressed.' Even in that simple form, people connected to it deeply. Weizenbaum later said his secretary had asked for some time alone with Eliza, which he took as a sign of its effectiveness. Now, with the recent rise of generative AI, companion chatbots, whether as friends or therapists or some combination of the two, have grown far more sophisticated and incredibly popular – the Google-backed company reported last year that its entire fleet of bots were fielding about 20,000 queries per second. Therapy chatbots in particular have been a major sticking point for youth advocates. Aviva Smith, advocacy director of the Youth Power Fund, contended that such chatbots should have to undergo the Food and Drug Administration's premarket testing for medical devices. She also suggested that they be subject to HIPAA privacy regulations. 'The Senators are asking all the right questions, but we already know the answers,' she says. META'S MASSIVE NEW AI BET Mark Zuckerberg and Meta are finalizing plans for a powerful artificial intelligence lab dedicated to investigating 'superintelligence,' according to multiple news reports. Meta's been offering seven- to nine-figure compensation packages to poach dozens of researchers from leading AI companies such as OpenAI and Google to build a model more capable than the human brain. One of the most notable hires was Alexandr Wang, the founder and chief executive of the start-up Scale AI. In February remarks, Zuckerberg called AI 'potentially one of the most important innovations in history' and that 'this year is going to set the course for the future.' post of the day THE FUTURE IN 5 LINKS Stay in touch with the whole team: Aaron Mak (amak@ Mohar Chatterjee (mchatterjee@ Steve Heuser (sheuser@ Nate Robson (nrobson@ and Daniella Cheslow (dcheslow@
Yahoo
8 hours ago
- Yahoo
Sask. to put American-made booze back on the shelves
The Saskatchewan Liquor and Gaming Authority (SLGA) is resuming the purchase and distribution of American-made alcohol. All American alcohol products will now be available for purchase through all distribution centres and private liquor distributors in the province, said David Morris, a spokesperson for the corporation, in a statement to CBC on Tuesday. "This change gives Saskatchewan people the option to choose whether they want to buy these products or consider alternatives," Morris said. The federal government's 25-per-cent tariff on U.S. alcohol remains in effect. Morris said Saskatchewan consumers are still encouraged to support Saskatchewan and Canadian products when there is an option. The change comes nearly three months after the province reversed its decision to stop selling some American-branded alcohol products made in Canada. In March, the province announced a ban on all American alcohol products. It then walked back that ban for 54 brands that, while American-owned, are produced in Canada. It said in a statement the move aligned with other provinces and that it would focus its ban on alcohol produced in America.