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LATEST ARTICLES BY Gwen Moritz

New Names Join Familiar Firms on List of State’s Largest Asset Managers

Mixed in among the familiar names of Arkansas asset managers are some notable newbies, including a mysterious Little Rock venture capital firm managing three-quarters of a billion dollars, most of it from foreign investment pools.

‘An Instagram-Perfect Life’ (Gwen Moritz Commentary)

There is a cautionary tale for all of us in the sad story of a New York man’s self-destruction.

Arkansas Supremes Refer Fellow Justice Hudson for Disciplinary Investigation After FOIA Dispute

Arkansas State Supreme Court justices have referred fellow Justice Courtney Rae Hudson to the Arkansas Judicial Discipline & Disability Commission for investigation while also dismissing a case she filed to stop the release of certain documents to Arkansas Business.

Tourism Tax Receipts Up 8% in Eclipse April, But No Record Set

Analysis after the fact has taught tourism officials that the market for a solar eclipse is much like the market for state parks and other outdoor recreation.

Adam Mitchell Resigns From Citizens Bank, Jeff Teague Assumes CEO Job

Mitchell told Arkansas Business that he “made a good decision for myself and my family and am ready to move on to the future.”

Small Banks, Small Commercial Loans

A deeper look at this week’s business list: Small Commercial Lending by Arkansas Banks

Private Firms List Led by Blue Cross

Seventeen private companies owned and headquartered in Arkansas are believed to have had revenue of more than $1 billion in 2023.

What Do Mothers Want? (Gwen Moritz Commentary)

Mothers have earned the right not to be second-guessed.

Symptoms Indicate Disease (Gwen Moritz Commentary)

An overpriced lectern is a symptom of our governor’s low opinion of her constituents.

Arkansas Global Connect Acquisition: Expanding Seasonal Labor OpportunitiesLock Icon

Randy Zook, president and chief executive officer of the Arkansas State Chamber of Commerce and the Associated Industries of Arkansas, called seasonal labor “a pressing need” in Arkansas and beyond.

Dana Deree, president of Arkansas Global Connect, sees the temporary work visa program as key to resolving the country’s migrant crisis and labor shortage.

Arkansas Global Connect Acquired by South Carolina Labor Consultant Firm

The Conway-based company, led by Dana Deree, arranges legal foreign labor for employers in the U.S.

The Fraud Just Keeps Happening (Gwen Moritz Commentary)

Organizations lose 5% of revenue to fraud every year — a figure that has remained stubbornly stable.

Wake-up Call (Gwen Moritz Editor’s Note)

Disasters like the collapse of the Key Bridge generally involve a cascade of failures.

Who Wrote That? (Gwen Moritz Editor’s Note)

AI will be incredibly valuable to us all, but there is still value in learning basic skills.

Personnel Matters (Gwen Moritz Editor’s Note)

A firing offense for one man is mild compared to what’s clearly acceptable for others.

Scammers Are Getting Better (Gwen Moritz Editor’s Note)

We need to recognize that even intelligent people can be victims.

Just Following Orders (Gwen Moritz Editor’s Note)

Banking isn’t the only industry plagued by dominant executives.

Family Dollar Plea Deal Includes $41.7M Fine for Rodent-Infested Warehouse in West Memphis

The fine is the largest-ever monetary criminal penalty in a food safety case, according to a press release from the Department of Justice.

Pig Butchering (Gwen Moritz Editor’s Note)

A Kansas bank failure reminds me of episodes closer to home.

Most Cities See Growth In A&P Taxes in 2023

Twelve of the 17 cities tracked by Arkansas Business reported increased revenue from taxes on lodging and prepared foods in 2023.