Insurance & Benefits

UnitedHealth's Profit Surges, yet Affordable Care Act Drags

UnitedHealth's Profit Surges, yet Affordable Care Act Drags
UnitedHealth headquarters in Minnetonka, Minnesota

UnitedHealth's second-quarter earnings jumped 11 percent to beat investor expectations even though the nation's largest health insurer took a bigger hit than expected from coverage linked to the Affordable Care Act.
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North Little Rock Apartment Land Draws $2.8M Sale (Real Deals)

Richardson Properties LLC, led by Keith Richardson, purchased the undeveloped 64.5-acre tract adjoining Foothills Apartments at 2401 Lakeview Road.
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Ralph Vines on Paving the Road to Success with Good Decisions

Ralph Vines started Kesser International in 1987 as a sole proprietorship while he also was serving in the U.S. Army.
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Little Rock Doctor Robert Barrow Sentenced to 2 Years in Prison

Barrow admitted billing for massage therapy as if it were physical therapy. He was ordered to pay almost $735,000 in restitution to patients and Arkansas Blue Cross & Blue Shield. read more >

US New-Home Sales Climbed in June to More Than 8-Year High

Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the U.S. housing market. read more >

Gaillardia Club Woes Spawned Phil Herrington Bankruptcy

Herrington's $13.45 million Chapter 11 reorganization, filed on March 18, represents one of the largest debt totals in a personal bankruptcy filing in recent years in Arkansas. He listed $5.1 million in assets. read more >

Online Banking Rises in Use, but Arkansas Branches Remain Important

Physical branches are still important and will remain vital, bankers say, even as the number inches downward as customers increasingly bank online. read more >

Chambers Bank Lands $2 Million Golden Judgment

The latest ruling is one in a string of lawsuits spawned by the bankruptcy of Acme, the parent company of Allied Bank of Mulberry. Under the Golden family's ownership and management, the bank has lost more than $14 million since 2010. read more >

Arkansas Unemployment Rate Unchanged at 3.8 Percent

Arkansas' seasonally adjusted unemployment rate remained stable at 3.8 percent between May and June, according to a report Friday by the Arkansas Department of Workforce Services. read more >

Bear State Financial: 2Q Net Income Up 80 Percent

Bear State Financial Inc. of Little Rock reports second-quarter net income of $4.5 million, up 80 percent from the same quarter last year. read more >

Pair Promoted at Arkansas Blue Cross & Blue Shield (Movers & Shakers)

Dan Petroff and Rhonda Carroll were recently promoted to manager of customer service applications and manager of BlueCard and regular business claims at Arkansas Blue Cross & Blue Shield. read more >

Colony West Apartments Draw $6.3 Million Sale (Real Deals)

A 126-unit apartment complex in west Little Rock weighed in at $6.3 million, and a Heights retail project tipped the scales at $1.34 million. read more >

Beige Book: Economy Improving, Modest Job Growth Across US

The U.S. economy has continued to improve at a modest pace, according to the Federal Reserve's latest survey of business conditions, released Wednesday. read more >

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