Banking & Finance Archive

Arkansas Unemployment Rate Unchanged at 3.9 Percent

by Lance Turner 9/20/2016 09:28 am

Arkansas' August unemployment rate was unchanged at 3.9 percent, according to the state Department of Workforce Services.

SPONSORED: Deferring Real Estate Tax Gains Can Be An Effective Tax Strategy

by 9/19/2016 08:00 am

If you're considering selling commercial property or trading up on a second home, you should consider a like-kind exchange.

University of Arkansas Announces $1B Fundraising Goal

by Associated Press 9/19/2016 07:03 am

The University of Arkansas has announced the start of a fundraising campaign that officials hope will raise $1 billion.

Phil Herrington Files Bankruptcy as Attorney for Oklahoma Development

by Arkansas Business Staff 9/19/2016 12:00 am

Little Rock developer Philip Herrington recently filed a Chapter 11 reorganization for one of his developments in Oklahoma City.

Batesville Impact Plan Living Up to Its Name

by Gwen Moritz 9/19/2016 12:00 am

Fresh eyes, strategic planning, youthful energy and cold, hard cash are shaking up Batesville, a college town on the jagged edge of the Ozarks that is burdened with many of the same challenges as the Delta that's just minutes away.

Education a Cornerstone of Batesville's Strategic Plan

by Gwen Moritz 9/19/2016 12:00 am

Making sure the children of Independence County have the educational opportunities necessary to escape poverty is a cornerstone of the Impact strategic plan that Baldwin worked on when he was chairman of the Batesville Area Chamber of Commerce.

Towne Oaks Duo Draws $10 Million Transaction (Real Deals)

by George Waldon 9/19/2016 12:00 am

An affiliate of the AndMark real estate investment firm of Los Angeles bought the 152-unit Towne Oaks Apartments at 9300 Treasure Hill Road and the 64-unit Towne Oaks Village Apartments at 9600 Southedge Drive.

Thanks A Million, Wells Fargo (Gwen Moritz Editor's Note)

by Gwen Moritz 9/19/2016 12:00 am

It is undeniably the smaller banks — the ones that don't have 1.5 million real customers, much less that many phony accounts — who have paid and are paying and will continue to pay the most for the bad acts of the banks that are too big to fail.

Walmart Canada to Extend Visa Ban to More Stores

by Ismail Shakil and Ethan Lou, Reuters 9/15/2016 07:22 am

Walmart Canada will stop accepting Visa Inc. cards at its 16 stores in the province of Manitoba starting on Oct. 24, a spokesman said on Wednesday, raising the stakes in a high-profile fee dispute.

Americans Got Raise Last Year for First Time Since 2007

by Associated Press 9/13/2016 11:41 am

The typical U.S. household's income rose 5.2 percent in 2015 to $56,516, the Census Bureau said Tuesday.

Meet 20 In Their 20s: The New Influentials Class of 2016

by Gwen Moritz 9/12/2016 12:00 am

Twenty of Arkansas' young leaders show the energy and ambition and adventurous spirit that is obvious in our state's business legends, even decades after they were in their 20s. We're proud to introduce these New Influentials and to consider all the potential they offer our state in the decades to come.

TEDx Coming Back to Little Rock (Barry Goldberg On Leadership)

by Barry Goldberg 9/12/2016 12:00 am

You may not agree with what you hear at a TEDx conference, but you will learn something new. You may not get the full picture — since speakers are given 18 minutes — but you will be escorted into territory occupied by that speaker that is likely to be new, controversial and challenging.

McCain Plaza Transaction Surpasses $23 Million Mark (Real Deals)

by George Waldon 9/12/2016 12:00 am

The 296,000-SF retail project at 4200 E. McCain Blvd. in North Little Rock tipped the scales at $23.15 million.

Three Advance in Generations Bank's Northwest Market (Movers & Shakers)

by Arkansas Business Staff 9/12/2016 12:00 am

Joe Ruddell has been promoted to northwest Arkansas regional president of Generations Bank, and Bryn Bagwell has been hired as president of the Fayetteville market.

Simmons First Completes Acquisition of Tennessee Bank

by Arkansas Business Staff 9/9/2016 03:27 pm

Simmons First National Corp. of Pine Bluff completes its previously announced acquisition of Citizens National Bank of Athens, Tennessee. The move lifts Simmons First to $8.1 billion in assets and expand Simmons' footprint further east into Tennessee.

Sells Agency Lands 2 Local Developments, Indiana Bank

by Kyle Massey 9/9/2016 10:47 am

Three new clients have hired the Sells Agency of Little Rock to lead their research and marketing efforts, including two local residential developments and an Indiana bank that is one of the oldest national banks in the United States.

UA System Board Gives Final OK to $160M Stadium Expansion

by Lance Turner 9/8/2016 11:44 am

The University of Arkansas System board of trustees on Thursday gave final approval to a $160 million expansion of Donald W. Reynolds Razorback Stadium in Fayetteville.

SPONSORED: Small Business Loans: What Do Banks Want To See?

by 9/8/2016 12:00 am

Basic steps can help entrepreneurs win over lenders.

Tourism Department, Arvest Unveil Specialty Debit Cards

by Arkansas Business Staff 9/7/2016 03:57 pm

The Arkansas Department of Parks & Tourism and Arvest Bank announced on Wednesday that they've created eight limited-edition specialty debit cards that showcase some of the state's most scenic and popular attractions.

Applications For 2017 FinTech Accelerator Now Open

by Arkansas Business Staff 9/7/2016 12:22 pm

Startups can now apply through Oct. 31 to participate in the Venture Center's 2017 FinTech Accelerator, which has been extended until 2018 to the tune of $2 million.