Arkansas Business
Home BancShares Sets Aside Another $16.7M to Cover Hurricane Loan Losses
The parent company of Centennial Bank has now set aside $33.4 million to cover potential hurricane-related loan losses this year. It’s also deferring loan payments for affected customers.
Georgia-Pacific Announces $90M Investment at Crossett Mill
Georgia-Pacific is investing $90 million to expand its Crossett facility, creating 50 new jobs and boosting bath tissue converting capacity, with production expected to begin in 2026. read more >
Arkansas Man Gets 16 Years in Prison for $16M Scheme to Defraud Pandemic Loan Programs
Tyler Keith Andrews of Russellville prepared and submitted dozens of fraudulent applications for the Paycheck Protection Program and the Economic Injury Disaster Loan program, authorities said. read more >
Clintons Urge Voters Agitated by Today’s Politics to Remain Involved In Public Service
The Clintons spoke during a panel discussion with journalist Laura Ling as part of a weekend of activities marking the 20th anniversary of the Clinton Presidential Library's opening in Little Rock. read more >
NYC Ad Titan Omnicom to Acquire Acxiom Parent Company Interpublic Group
The combined company will be the largest ad agency in the world, with annual revenue of $26 billion. read more >
by Associated Press -
Trump Says He Can’t Guarantee Tariffs Won’t Raise US Prices
He has pledged that, on his first day in office in January, he would impose 25% tariffs on all goods imported from Mexico and Canada unless those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. read more >
by Associated Press -
Are You Making Decisions Out of Love or Fear? (Sabrina Starling on Small Business)
There is a valuable question to reflect upon before making decisions, big and small, at work or at home. read more >
Courtyard Acquisition Checks In at $5.5M (Real Deals)
A 149-room hotel in west Little Rock tipped the scales at $5.55 million. read more >
by George Waldon -
Root Cafe’s Second Location at Breckenridge Village to Open Early 2025
The Root Cafe’s second location at Breckenridge Village in Little Rock aims to open after the new year. Hiring for both locations will begin soon. read more >
Ruling on Former Business Partners Involves New LLC Act
Thomas Chapin, a Pulaski County real estate investor, must pay $1.1M to former partner Matthew Lamb and was judicially expelled from their LLCs under Arkansas' updated 2021 LLC act. read more >
by Mark Friedman -
New Arkansas Rail Plan Aims to Boost Freight, Passenger Services by 2025
Arkansas will refresh its rail plan in 2025, addressing freight, safety, passenger rail upgrades, and federal funding opportunities to boost rail infrastructure. read more >
by Chloe McGehee -
Addressing a Shortage (Editorial)
Providing a second path to aspiring CPAs is worth considering in a time of shortage. read more >
Tech Meets Recovery: Bentonville-Based Sober Sidekick Reshapes Sobriety Support
Sober Sidekick, a Bentonville sobriety app with 500,000 users, uses peer support and data to reduce relapse rates and transform addiction care. read more >
by Chloe McGehee -
The Dumbest Thing Ever (Gwen Moritz Commentary)
The United States should stop spending 3 cents each to mint pennies that will never be used. read more >
by Gwen Moritz -
Dillard’s Announces Special Dividend, Marking Largest Payout in Company History
Dillard’s Inc. will pay a record $25 per share dividend in January, totaling millions for family members. Despite a 19.76% profit drop, the family controls the company. read more >
Vocational Training Gains Ground in Arkansas with Issue 1’s Approval
Mark Moreland believes Issue 1’s passage will boost respect for vocational education, with 90% voter approval allowing lottery funds for technical school scholarships. read more >
Pleasant Ridge & Pleasant Valley Pointe Apartments Sell for $31.7M
West Little Rock apartments lead off this week’s collection of million-dollar real estate transactions and construction contracts. read more >
Crystal Bridges Expansion Moves Toward Finish Line
The 114,056-SF expansion is two-thirds complete, adding exhibition, education and community spaces. Set for completion in 2026, it aims to enhance art displays and public engagement. read more >
by Jan Cottingham -
Rogers Revamps Zoning to Foster Mixed-Use Developments and Reduce Urban Sprawl
Rogers' new Unified Development Code aims to reduce sprawl, streamline development, and transform the city into a connected, sustainable "vertical city" downtown. read more >
by Marty Cook -
Arkansas Accountants’ Annual Pay Averages $70,290
The annual mean wage of accountants and auditors in Arkansas was $70,290 as of May 2023, according to the U.S. Bureau of Labor Statistics. That compares with $70,660 in May […] read more >
America’s Car-Mart Swings Back to Profitability in Fiscal Q2
The results snapped Car-Mart's eight-quarter streak of declining profitability and sent shares of the company up more than 21%. read more >