Hot Springs dispensary owner Dragan Vicentic's penchant for paying for cannabis in cash, disdaining electronic payments, gives marijuana cultivator reason for blacklisting.
“Fort Worth and Dallas, about a million miles away,” Texas singer Jimmie Dale Gilmore croons, but Arkansas publisher Mitch Bettis knows better.
Waldo's Chicken & Beer will not be setting up shop at 101 S. Bowman Road, although the property's new ownership includes some names behind the rollout of as many as 20 of the franchised eateries in Arkansas and Oklahoma.
Westrock Group CEO and co-founder Scott Ford and Southern Bancorp CEO Darrin Williams are among the featured executives scheduled to speak during the spring 2021 Arkansas Business Executive Leadership Academy. read more >
The Arkansas State University Foundation has received a $10,000 donation from the Arvest Foundation. read more >
President-elect Joe Biden announces his senior economic team, including his plans to nominate the first woman to head the Treasury Department. read more >
Citizens Equity First Credit Union of Peoria, Illinois, will buy four branches in southern Illinois from Simmons Bank of Pine Bluff. read more >
Marlin Evans has joined Relyance Bank in Hot Springs as vice president and trust officer. read more >
Arkansas' richest family has had a good year financially. The heirs of Sam Walton own publicly traded stock valued collectively at more than $205 billion. read more >
Let another pesky woman editor encourage you to embrace the spirit of Thanksgiving this year as never before, even as we must limit the traditional togetherness — a small sacrifice by historic standards. read more >
Jim S. Gowen Jr. has been re-elected to the Independent Community Bankers of America Federal Delegate Board. read more >
As a component of the CARES Act, the Federal Reserve established the Main Street Lending Program to provide up to $600 billion in financing to businesses and nonprofit organizations negatively impacted by the onset of the COVID-19 pandemic. read more >
Arkansas' seasonally adjusted unemployment rate declines to 6.2% in October from 7.2% in September, the state Department of Workforce Services reports. read more >
Amber Sharp has joined FNBC Bank in a recently created role, as its senior vice president and chief information and innovation officer. read more >
Joey Moll has been named senior vice president of commercial lending for Relyance Bank's central Arkansas market. read more >
Warren Stephens, CEO of Stephens Inc. in Little Rock, announced Wednesday the 2021 debut of an annual collegiate golf tournament named for his late father, a former chairman of Augusta National. read more >
Home construction rose 4.9% in October as home building remains as one of the bright spots of the economy. read more >
Arkansas Business and the Best Companies Group last week honored 47 Arkansas companies with "Best Places to Work" awards, which honor firms that have exceptional workplace environments. read more >
Fayetteville mayoral candidate Tom Terminella insists that legal action taken against him was more than just an effort to collect on a debt. read more >
Simmons Bank hauled Encore Bank into court last week over accusations that include improperly luring executives and customers away from the Pine Bluff bank. read more >
As I studied up on dozens of PPP fraud cases filed around the country since May, several common elements began to emerge. read more >
The tally of Paycheck Protection Program funds that flowed through the 20 largest banks in Arkansas topped $4.4 billion and encompassed more than 50,149 loans. read more >
The 10-state footprint of Little Rock's Bank OZK will have two fewer states by March 31, exiting South Carolina and Alabama, where it operates two branches in each state. read more >
Michael Pakko says the state could see a return to pre-pandemic employment by the end of 2022 — an outlook that could be affected by a vaccine, more stimulus and new shutdowns. read more >
COVID-19 has taken a toll on bank profitability, but the combination of federal relief money and pandemic-induced financial caution created a temporary glut of deposits. read more >
Bankers get some money back, but federal process should be simpler, they say. read more >
Solar businesses fear the toll as U.S. tax credits, now 26%, are set to fall to 22% in 2021 and to 10% for commercial projects only in 2022, barring policy shifts. read more >
A Dumas agribusinessman who admits to selling property used as security for millions of dollars in bank loans expects to be charged by federal prosecutors, but as of Wednesday he was still waiting. read more >
Data Driven Partners works with businesses and nonprofit foundations to gather and formulate their important data into easy-to-read and accessible dashboards. read more >
George Gleason, Bank OZK chairman and CEO, is becoming a Texan, in a transient sort of way. read more >
Fayetteville's Arvest Bank began the year wading through problem loans even before the effects of COVID-19 began to manifest. The $23.2 billion-asset lender recorded a $50.6 million loss in the first quarter. read more >
In 2019, 0.89% of the loans that banks in the United States held were nonperforming, meaning that 99% of loan recipients were repaying their bank back. read more >
First National Bank of Paragould wants to move forward with its efforts to collect its debts from disgraced former Craighead County Clerk Jacob “Kade” Holliday. read more >
