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Daily Report

UAMS Narrows Chancellor Search to Four Candidates

The candidates are each scheduled to visit the UAMS campus in Little Rock beginning Monday.

Ro Arrington Named President of Arkansas Development Finance Authority

He’s an 11-year veteran of the agency, which promotes economic growth and community development across the state.

Bessent Says Federal Reserve Board Could ‘Veto’ Future Regional Presidents

Bessent criticized several presidents of the Fed’s regional banks, saying that they were not from the districts that they now represent, “a disconnect from the original framing” of the Fed.

America’s Car-Mart Reports $22.5M Fiscal Q2 Loss, Closes Five Stores

Revenue climbed slightly, driven by higher interest income and an increase in the average vehicle sales price.

Banking & Finance / Government & Politics / Health Care

Leadership Lessons and Life Benefits of Swimming

Swimming might be one of the most underrated workouts for busy professionals. read more >
Business Services / Government & Politics / Media & Marketing

Alicia Payseno Joins Arkansas Hospitality Association as CEO

Her goals include expanding member value and positioning the organization for long-term growth. read more >

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Banking & Finance

Former Bank OZK Chief Lending Officer Alan Jessup Lands at Citizens Bank

Jessup arrives at Citizens Bank after the lender launched its mortgage division in June. In a news release, the bank said the division has grown rapidly. read more >
Banking & Finance / Education / Manufacturing

📈 Interactive Data Briefing: Bachelor’s Degrees With Highest Average Lifetime Earnings

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Investments / Real Estate

Tempus Plans 150,000-SF Warehouse in North Carolina

The project will be delivered as either a build-to-suit or speculative industrial development, Tempus said. read more >
Energy / Government & Politics / Manufacturing

Tetra Technologies Explores Arkansas Project That Would Restart US Magnesium Production

The company has signed a term sheet with Magrathea Metals, a company with federal backing. read more >
Government & Politics / Health Care / Legal

Trump Pardon Doesn’t Shield Ex-Nursing Home Operator From Arkansas Prison Sentence

Officials said Joseph Schwartz, the former owner of Skyline Healthcare, still owes restitution in Arkansas, as well. read more >
Media & Marketing / Retail / Small Business

Shoppers Scoured for Deals Online on Cyber Monday and Delivered Strong Sales for Retailers

Adobe Analytics reported that as of 6:30 p.m. EST on Monday, U.S. consumers had already spent $9.1 billion online for Cyber Monday, up 4.5% from the same day a year ago. read more >
Banking & Finance / Business Services / Legal

📋List: Arkansas’ Largest Accounting Firms

Government & Politics / Retail / Small Business

State Tax Revenue Climbs Nearly 8% In November

Growth was driven primarily by higher individual income tax collections. read more >
Education / Health Care

UAMS Gets $10.5M Grant to Develop Biomarkers Across All Diseases

The grant supports ongoing efforts to make advanced protein analysis available to biomedical researchers nationwide. read more >
Construction / Manufacturing / Real Estate

Basden Steel of Texas Expands to Northeast Arkansas

The company recently closed on a 70-acre property in Poinsett County with long-term plans for growth. read more >
Government & Politics / Legal / Transportation

Federal Review Finds 44% of US Trucking Schools Don’t Comply With Government Rules

The Transportation Department said Monday that it plans to revoke the certification of nearly 3,000 schools unless they can comply with training requirements in the next 30 days. read more >
Government & Politics / Industry / Restaurants & Food

El Dorado Ballot Committee Launches Push for Sunday Alcohol SalesLock Icon

Brookshire Grocery Co. has thrown its hat into El Dorado politics by forming a committee dedicated to Sunday alcohol sales. read more >
Banking & Finance / Industry / Investments

Suzano’s Pine Bluff Mill Thrives Under Global Investment StrategyLock Icon

Backed by Suzano’s significant global investments — including the world’s largest and most modern pulp mill — President Fabio Almeida says the Arkansas operation is becoming a model of cost-competitive performance. read more >
Construction / Industry / Real Estate

$500M Highway 112 Expansion Begins in Northwest Arkansas

Once the project is completed, the highway is expected to be able to handle more than 30,000 vehicles daily. read more >
Government & Politics / Industry / Media & Marketing

Andrew DeMillo Leaves AP to Guide Nonprofit Newsroom Arkansas Advocate

Andrew DeMillo, an Arkansas AP veteran, discusses his recent move from the AP to the Arkansas Advocate. read more >
Banking & Finance / Industry / Public Companies

Judy McReynolds’ 16-Year Leadership Journey at ArcBestLock Icon

ArcBest's retiring CEO guided the company through the Great Recession, rebranded it and expanded logistics services, earning industry acclaim and a place in the Arkansas Business Hall of Fame. read more >
Industry / Public Companies / Real Estate

Walmart’s Real Estate Strategy: Owning and Redeveloping Shopping CentersLock Icon

The Bentonville-based company has spent $118 million this year to buy three shopping centers, joining a trend of retailers becoming landlords rather than just tenants. read more >