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LATEST ARTICLES BY Gwen Moritz

Arkansas’ Only Michelin-Rated Hotel Sells for $1.55M

The new owners of The Empress of Little Rock are experienced operators of short-term rental properties in California and Illinois.

Oh, the Insanity! (Gwen Moritz Commentary)

COVID is never convenient, but trying to find a remedy without breaking the bank is just as frustrating.

Help Me Pay You (Gwen Moritz Commentary)

An autopay adventure is a reminder to review how well our customer service practices work.

Walmart CEO Tops List of Highest-Paid Executives

Walmart leads Arkansas’ public company rankings in revenue, profit, and executive pay, with CEO Doug McMillon earning $27.4M.

Mountaire Corp. Reclaims Top Spot Among Arkansas’ Largest Private Companies

Nineteen Arkansas-based private companies topped $1 billion in revenue in 2024. That’s two more than the previous year.

The Things We Cannot Change (Gwen Moritz Commentary)

Congress doesn’t seem to want to change what it can, but other countries will.

Bank to Auction Historic Little Rock Home on Thursday

The sale of the Samuel B. Kirby House follows financial disputes and a complex title battle after the death of longtime owner Tony Curtis.

A Personal Warning (Gwen Moritz Commentary)

A scam victim ignored warnings from her bankers, and bankers need to understand why.

Westrock Again Tops Placement List

Arkansas private placements rebounded in 2024, led by Westrock Coffee’s $72M debt offering, with AcreTrader and six banks also actively leveraging investments.

Arkansas Blue Cross & Blue Shield Lays Off About 75 Workers, Reports $100M Loss

The state’s dominant health insurance carrier cited rising health care costs and membership declines as key factors.

The Dumbest Thing Ever (Gwen Moritz Commentary)

The United States should stop spending 3 cents each to mint pennies that will never be used.

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.