Investments

Issue 3: A Job-Luring Amendment, or Corporate Welfare?

Issue 3: A Job-Luring Amendment, or Corporate Welfare?
Clockwise from top left: State Rep. Nate Bell; Steve Clark, president and CEO of the Fayetteville Chamber of Commerce; State Sen. Jon Woods; and Jim Lynch.

If Arkansas voters approve an amendment to the state Constitution in November, supporters say it will help bring more companies and jobs to the state. Opponents say it's corporate welfare.
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Cornelius Schnitzler: Air Industry Lifts Arkansas in Berlin

Cornelius Schnitzler is the director of the Arkansas Economic Development Commission office in Berlin. The office, which opened in July, is the state's base of operations in Europe, where it aims to maintain existing business relationships and cultivate new ones.
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America's Car-Mart 1Q Income Up 54 Percent

America's Car-Mart Inc. of Bentonville reports income of $7.1 million, up from $4.6 million in the same quarter a year ago.
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Traveling the Globe in Search of Jobs (Mike Preston Commentary)

Over the last year, your Arkansas Economic Development Commission has traveled almost 20,000 miles around the world searching for good-paying jobs for the people of Arkansas. It's a reflection of the times in which we live. Ours is a global economy, and the competition for new jobs is no longer with surrounding states only, but with every country around the globe. read more >

Wal-Mart Raises Annual Profit; Tops Street 2Q Forecasts

Wal-Mart raised its earnings outlook for the year and delivered strong profit and sales in the second quarter after the world's largest retailer revamped its stores, improved the shopping experience, and won back customers. "Our strategy in the U.S. is working," said CEO Doug McMillon. read more >

SPONSORED: New Regulations Affect Trustees Of Retirement Plans

A retirement plan review with experts can reduce risk and maximize benefit to employees. read more >

Disasters, Low Oil Prices, Shale Cause $6.4B Loss at BHP Billiton

Battered by a devastating dam disaster in Brazil, low commodity prices and losses in shale holdings – including operations in Arkansas – mining giant BHP Billiton posted a record $6.4 billion annual loss on Tuesday. read more >

'Problem Assets' Spur Fundraising at Heartland Bank

The parent company of Heartland Bank is raising $3 million “to meet the working capital needs of the holding company while we're preserving the capital of Heartland Bank,” said Judy Lawton, president. read more >

Arkansas Employers Help With Retirement Advice, Tools

David George doesn't apologize for using scare tactics when he gives seminars at part of the Investor Education Program for the Arkansas Securities Department. read more >

Arkansas Homeowners No Longer Playing With House Money

Once upon a time, homeowners thought it was perfectly fine — smart even — to carry greater debt on their houses and take out the equity as cash for investments. After all, interest rates were low, homebuyers were eager, and everyone knew that housing could never decline in value. Well, that last part turned out to be a fairy tale. read more >

NFL's Darren McFadden Learns Lesson From Financial Fumble

In June, Dallas Cowboys running back Darren McFadden filed a lawsuit accusing his former family friend and financial adviser, Michael Vick of Pulaski County, of “gross incompetence, self-dealing and outright theft” of more than $15 million. read more >

Investment Fraud: Anyone Can Be a Victim

A recent study found that, between 2005 and 2015, about 7 percent of financial advisers had a record of misconduct. read more >

The Truth Is Out There (Gwen Moritz Editor's Note)

This keeps me awake at night: The knowledge that there are important stories of value and interest to my readers, or of importance to our community or our country, that aren't being reported because news organizations don't know about them and there might not be enough warm bodies to do the work even if we did. read more >

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