Latest News
John Nock Sentenced to 20 Years for Investment Fraud, Money Laundering
The case revolved around the Brittingham Group, which Nock founded and which promised returns as high as 300% within 20 to 30 days.
Home Sellers are Cutting List Prices as Spring Buying Season Starts With Higher Mortgage Rates
Some 14.6% of U.S. homes listed for sale last month had their price lowered, according to Realtor.com. That’s up from 13.2% a year earlier, the first annual increase since May. In January, the percentage of homes on the market with price reductions was 14.7%.
by Associated Press -
Real Estate Lawsuit Settlement Upends Decadeslong Policies That Helped Set Agent Commissions
Under the terms of the agreement announced Friday, the National Association of Realtors also agreed to pay $418 million to help compensate home sellers across the U.S.
by Associated Press -
When the Old Stories No Longer Fit (Barry Goldberg On Leadership)
Trying on new ideas and “what if?” scenarios can keep a company from falling behind or becoming obsolete.
by Barry Goldberg -
Clark Contractors to Build $4.5M Field House at Lacey K-8 Academy
This week we feature a field house for a Little Rock school and a trio of million-dollar real estate transactions in Pulaski County.
$318M Makeover of Arkansas Children’s Campuses Set to Start This Month
The goals of the project include improving access to the campuses and the on-campus experience at the hospitals. The project also prepares the campuses to treat the sickest children.
by Mark Friedman -
Are Your Employees Health Insurance-Literate?
Not understanding health insurance is costly to employees and to their employers.
by Matt Pramschufer -
NWA Tech Company RevUnit Shuts Down
RevUnit built applications to help companies maximize worker engagement and productivity.
Banking on Change: Profit Proves Elusive For Two Out of Three Banks
A trio of banks that started 2023 with a quarterly loss meandered their way to mixed results at year’s end.
by George Waldon -
A-State Steel Research Center Gets $10M From US Spending Package
The multimillion-dollar facility will support partnerships with steel manufacturers for research, process improvements and testing of advanced materials.
Arvest Bank Names Kevin Sabin as Chair, Matt Machen as President
Jim Walton, the son of Walmart Inc. founder Sam Walton, will step down as bank chair but remain chair for Arvest Bank Group, the bank’s holding company.
Federal Ruling Favors PSC Over Entergy Arkansas
The electric utility was seeking to charge ratepayers to help recoup a $135 million debt.
by Kyle Massey -
ArcBest Reports Exec Pay, Schedules Supermajority Vote Change
CEO Judy McReynolds and other executives saw their compensation dip in 2023.
by Marty Cook -
February Retail Sales Up 0.6%, Weaker Than Expected
February’s number was lifted in part by higher gas price as well as higher auto sales and a rebound in building materials.
by Associated Press -
Biden Comes Out in Opposition to Proposed Sale of US Steel to Japanese Company
The president said that it’s “vital” for U.S. Steel, which is investing billions in northeast Arkansas, to “remain an American steel company that is domestically owned and operated.”
by Associated Press -
Top US Military Chief Visits Arkansas Munitions Plant to Press the Need to Arm Ukraine
Joint Chiefs Chairman Gen. CQ Brown is visiting Lockheed Martin’s Camden, Arkansas, weapon facility.
by Associated Press -
Marine Glisovic Leaves KATV After 10 Years
She said that after 15 years in the news business and the birth of her first child in June 2023, “it was time for a change.”
Envirotech Announces $4.3M in Vehicle Orders
The company said it has 43 vehicles on order from 19 customers participating in a New Jersey program that offers incentives for businesses to purchase new electric vehicles.
Runway Group Co-Founder Tom Walton Named CEO
Chris Seay, the company’s current CEO, will retire at the end of March.
BSR Reports Falling Q4 Operating Income, Leadership Changes
The Little Rock-based real estate investment trust’s initial guidance for 2024 predicts slower growth.
Westrock Coffee Narrows Losses in Q4, Full Year as New Production Facility Prepares First Shipments
CEO Scott Ford said the company entered 2024 with a number of critical system migrations and capital equipment upgrades completed.
Oil and Gasoline Prices to Rise, Forecast Says
Crude oil production cuts by oil-exporting countries are starting to take a toll on global inventories and U.S. gasoline prices.
by Kyle Massey -
Grants Available to Promote Arkansas Farmers Markets
In 2023, the program provided more than $9,000 in grants to 25 Arkansas farmers markets.
Gearhead Outfitters Expands to Colorado With Store Acquisitions
The deal for two Summit Canyon Mountaineering stores grows Gearhead’s footprint to more than 20 locations in seven states.
Libraries Struggle to Afford the Demand for E-books, Seek New State Laws in Fight With Publishers
Librarians in several states have been pushing for legislation to rein in the costs and restrictions on electronic material, which has been growing in popularity since the COVID-19 pandemic. Patrons are stuck on long waiting lists for audio and e-books, and digital offerings are limited.
by Associated Press -
Tyson Foods to Close Iowa Pork Plant, Affecting Nearly 1,300 Jobs
The facility is the ninth that Tyson Foods has moved to shut down since early 2023.
by Marty Cook -
US Inflation Up Again in February, The Latest Sign That Price Pressures Remain Elevated
Prices rose 0.4% from January to February, higher than the previous month’s figure of 0.3%, the Labor Department said Tuesday.
by Associated Press -