Berry Bishop, the Hot Springs insurance agent who also had offices in Prescott and Arkadelphia, is scheduled to be sentenced in U.S. District Court in Hot Springs on Friday morning.
Walmart and Green Dot Corp. announced Tuesday that they will jointly establish a “TailFin Labs LLC” fintech accelerator.
The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it hinted that it won't likely cut again this year.
Brett Palmer, president of the Small Business Investor Alliance, says there is a gap in access to capital and closing that gap is critical to economic growth. read more >
A pair of south Arkansas bank companies completed acquisitions this month. read more >
The Federal Home Loan Bank of Dallas announces $16 million in Affordable Housing Program grants, including $2 million dedicated to projects in Arkansas. read more >
I feel compelled to make this point every year or two, since it is the most important lesson I've learned from two decades as your business editor: Wealth and the appearance of wealth are two different things. read more >
East Harding Construction has completed a 10-year buyout plan making Van Tilbury the sole owner, and executives are sharing how they went about it. read more >
A surge in assets under management by registered investment advisory firms in North Little Rock, Fayetteville and Little Rock has shaken up this year's list of money managers in Arkansas. read more >
Bill Sowell, a registered investment adviser in North Little Rock, embraces a legal obligation to put clients' financial interests first. And he's frustrated that the requirement doesn't apply to everyone across the investing industry. read more >
In the second quarter of 2019, Americans held $107.13 trillion in total wealth, with sharp distinctions based on the wealth percentile in which they find themselves. read more >
Rather than continue to add more hot air to the BRT debate, let's embrace the reality that corporations can, and should, focus on both what's best for shareholders and the larger community. read more >
Anna Tucker Ashton, senior director of government affairs at the U.S.-China Business Council, spoke to Arkansas Business on Friday about the trade war and its effects here. read more >
Home BancShares Inc. of Conway announces that long-time company executive Randy Sims has retired. read more >
Arkansas must improve its workforce because a skilled labor pool attracts economic development projects, Ted Abernathy said at the annual Arkansas State Chamber/Associated Industries of Arkansas. read more >
First Horizon National Corp. of Memphis will purchase IberiaBank Corp. of Lafayette, Louisiana, in a deal that would form a company with $75 billion in assets. read more >
The Delaware bankruptcy of Springdale's NanoMech Inc. has taken a bizarre cloak-and-dagger turn: Former CEO Jim Phillips, under oath in September, cited “national security” when refusing to answer questions about 46 transactions that its top financial officer knew only as the “CIA arrangement.” read more >
Jason Trenary has been appointed senior commercial loan officer and group manager for United Federal Credit Union in Rogers, and Jennifer Hodge is the new commercial loan officer. read more >
An affiliate of Provident Investments of Birmingham, Alabama, acquired the 184-unit apartment project in Little Rock from LFC Properties LLC, led by Larry Williford. read more >
Forrest City's Armor Bank and Little Rock's Encore Bank have entered the Jonesboro market with loan production offices in advance of plans to open full-service locations. read more >
Grain Management of Washington, together with E. Ritter and Co., announced Friday that it has completed its acquisition of a majority stake in Ritter Communications. read more >
The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy. read more >
U.S. consumer confidence fell for a third consecutive month in October as optimism about job prospects and business conditions down the road grew weaker. read more >
The public auction will be held in the foyer of the Garland County Courthouse in Hot Springs, with the proceeds from the sale helping to pay a $128.9 million judgment handed down against the hotel's owner back in June. read more >
A couple who farmed in Monroe County allegedly tried to shield assets from creditors before filing a multimillion-dollar bankruptcy, according to a lawsuit filed last month by a bankruptcy trustee. read more >
Anderia Mahon has been hired as branch manager and loan officer for First Service Bank in its Little Rock market. read more >
U.S. long-term mortgage rates rose slightly this week to their highest point in 12 weeks, though they remain far below their levels of a year ago. read more >
Arkansas Federal Credit Union of Jacksonville has agreed to merge with the Arkansas Democrat-Gazette Federal Credit Union of Little Rock. read more >
The Arkansas Association of Asian Businesses will host a workshop on the U.S.-China trade dispute and its effect on the Arkansas economy on Nov. 7 in Little Rock. read more >
The four-day Northwest Arkansas Tech Summit kicked off its first full day on Monday amid blown-out windows in the John Q. Hammons Center in Rogers and downed trees in the parking lot, evidence of the strong overnight storms. read more >
Simmons First National Corp. of Pine Bluff reports third-quarter earnings of $81.8 million, up 48 percent from the same quarter last year. read more >
Bank deposits in Arkansas grew by 6.5% in the 12-month period that ended June 30, outpacing the national growth rate of 4.2% and topping $70 billion for the first time, according to data released in September by the Federal Deposit Insurance Corp. read more >
Walmart's recent patent application for a cryptocurrency system hints at the Bentonville retailer's next move into the financial services sector. read more >
