LATEST ARTICLES BY Scott Carroll
Goodwill Plans 20,000-SF Retail Center in West Little Rock
The flagship project at 610 Kirk Rd. is expected to cost $4 million-$6 million and create 30-50 jobs.
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Lassis Inn Lawsuit Settled in Favor of Longtime Owner
Elihue Washington Jr. filed suit in July to void the sale of the historic restaurant to Kristian Nelson after learning about Nelson’s history of fraud.
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Retiring Restaurateur Mark Abernathy Sells Red Door, Loca Luna
The buyer is Remolinos Group, the organization led by Fidel & Co. Coffee Roasters and Sterling Market owner Fidel Samour.
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Steward Health Accepts Bid for Hope Hospital in Bankruptcy Sale
Pafford Health Systems Inc., a local ambulance and health services provider, is looking to acquire the Wadley Regional Medical Center.
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Fed Takes Action Against Evolve Bank Over Shortcomings in Risk Management, Consumer Compliance
An enforcement order blocks the West Memphis banking-as-a-service provider from entering into any new fintech partnerships without approval from the Fed.
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State Revokes Hot Springs Dispensary’s License Over Regulatory Violations
State regulators said Green Springs Dispensary racked up more than 50 violations in recent years. The business plans to appeal the revocation.
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Searcy County Gets $1.7M Grant to Transform Former Garment Factory
The site was formerly home to ZacBac Apparel LLC, which was one of the county’s largest employers.
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Edafio Merges With Sister Company Ascend Technologies
The combined company will be led by Kenny Kinley, who had been Edafio’s president and CEO since 2020.
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Little Rock Businesswoman Fraudulently Collected $2.1M in Pandemic Loans, Indictment Says
Authorities said Chandler Wilson Carroll spent the money on a house, two vehicles and jewelry.
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State Highway Commission, Seeing Progress on I-30 Widening, Holds Off on Default Action Against Contractor
Johnson Bros. Corp. has increased work hours on the Saline County project by 160% in an effort to meet its latest deadline.
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Olsson Announces Deal to Acquire FTN Associates of Little Rock
The transaction could make Olsson, which expanded to Arkansas in 2018, the third-largest engineering firm in the state.
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Canoo Stock Soars After Oklahoma Facility Gets Foreign-Trade Zone Designation
Meanwhile, questions remain about the electric vehicle maker’s plans for northwest Arkansas.
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Mental Health Emerges as Dividing Line in Abortion Rights Initiatives
As advocates push this year for ballot measure initiatives aiming to protect abortion rights, key differences have emerged in the language of proposed measures. Among them is the inclusion of mental health exceptions.
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Update: Highway Officials Await Proposed Fixes From I-30 Widening Contractor
The $187.3 million project in Saline County is more than 14 months behind its original scheduled completion date.
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Caddo Mountain Spring Water Sues Subcontractor Over Botched Well Project
The lawsuit alleges that Missouri-based Environmental Works Inc. didn’t follow the manufacturer’s instructions when installing a sealant, which caused the well to fail.
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US Worker Paycheck Growth Slowed Late Last Year, Pointing to Cooling in a Very Strong Job Market
Compensation as measured by the government’s Employment Cost Index rose 0.9% in the October-December quarter, down from a 1.1% increase in the previous quarter.
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Some Americans Will Get Their Student Loans Canceled in February as Biden Accelerates New Plan
Republicans in Congress tried unsuccessfully to block the new repayment plan through legislation and a resolution last year.
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AI-Powered Misinformation is World’s Biggest Short-Term Threat, Davos Report Says
The authors worry that the boom in generative AI chatbots means that creating sophisticated synthetic content that can be used to manipulate groups of people won’t be limited any longer to those with specialized skills.
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Colliers Acquires Gehrki Commercial Real Estate of Hot Springs
The acquisition is Colliers’ second in recent months.
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Women & Children First Gets $12M in Grants for New Shelter
The Little Rock nonprofit plans to expand its bed count from 54 to 132 with the new 41,345-SF shelter.
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