The three publicly traded financial companies headquartered in Arkansas were jolted last month by the global market uncertainty, but executives are looking past the daily market prices to the future opportunities that could shake out of the coronavirus pandemic.
A California businessman who in late 2015 was going to work a deal to rescue the now-defunct Heartland Bank was hit last month with an $11 million default judgment in a lawsuit brought by CTHC Holdings LLC, led by Richard “Rick” Williams of Hot Springs.
The Federal Reserve will provide support to the government's new small business lending program in its latest attempt to smooth the flow of credit in the virus-stricken U.S. economy.
Small business owners hoping for quick help from the government's emergency $349 billion lending program were still waiting Tuesday amid reports of computer problems at the Small Business Administration. read more >
Arkansas Business is regularly updating this page with links and contact information for businesses affected by the COVID-19 pandemic. read more >
Investors grabbed hold of a few glimmers of hope Monday that the coronavirus pandemic could be slowing and sent stocks surging in a worldwide rally, capped by a 7% leap for the U.S. market. read more >
The Women's Foundation of Arkansas launches Women Owned, an assistance fund for women-owned small businesses experiencing economic hardship due to the COVID-19 pandemic. read more >
With the coronavirus pandemic wreaking economic havoc, former Lt. Gov. Bill Halter fears a long-awaited state ruling on solar power policy could threaten $125 million in projects by his firm alone. read more >
Simmons First National Corp. temporarily closed 53 branches throughout its eight-state footprint to reduce the potential spread of the coronavirus pandemic. read more >
The rollout of temporary deals for business and consumer borrowers alike are all over the board as banks adjust their products to the economic fallout from the coronavirus pandemic. read more >
A Conway bank branch that went dark in 2018 is on the drawing board to re-open in the coming weeks. read more >
This chart highlights the dramatic effect of the coronavirus pandemic on the job market in the United States. read more >
Banking officials in the state say the pandemic has driven home an unmistakable truth: Banks without a digital presence are at a drastic disadvantage. read more >
John O. Moore, CEO of Partners Bank in Helena, is still optimistic about 2020, although it hasn't started off as planned. read more >
Thousands of Arkansans who lost their jobs as the COVID-19 disease outbreak shut down businesses are seeking unemployment aid. read more >
Stocks fell Tuesday to close out Wall Street's worst quarter since the most harrowing days of the 2008 financial crisis. read more >
As part of the $2 trillion economic relief package signed into law on March 27, Congress relaxed certain restrictions and requirements on retirement funds. Here's what to know. read more >
The University of Arkansas Small Business and Technology Development Center and the Northwest Arkansas Council are partnering on a Small Business Emergency Assistance program to support small businesses and nonprofits in the region that have been affected by the coronavirus pandemic. read more >
Businesses can begin preparing now to apply for assistance under the federal rescue package signed last week by President Trump, but it will be about two weeks before they can turn in their paperwork. read more >
The vacancy rate for office space in Benton and Washington counties was 8.5% in the second half of 2019, the second lowest vacancy rate since 2004, according to the latest Arvest Bank Skyline Report. read more >
Employment in the United States is forecast to grow by 8.4 million jobs to 169.4 million jobs during the decade of 2018-28, according to the U.S. Bureau of Labor Statistics. Or it was; the report was released months before the coronavirus pandemic caused widespread job losses. read more >
Home to Gates Corp., the property on Laura Lane was bought for $2.95 million by Mathias Shopping Center Inc. The seller was Elder-Conway LLC, led by Chris Elder of Springdale. read more >
Arkansas' unemployment rate was unchanged at 3.5% last month, according to a report Friday by the Arkansas Division of Workforce Services. read more >
Cannabis financial technology firm Abaca Co-founder Brian Bauer is transitioning to a full-time role with Abaca as the chief strategy and revenue officer. read more >
Collateral is important for all financial institutions and a recent Arkansas Court of Appeals decision should be setting off alarm bells at financial institutions across the state of Arkansas. read more >
Arkansas Business announces the 40 honorees in this year's 40 Under 40 class, which honors people in business, nonprofits and government making a significant impact. read more >
To many, the former site of traffic-snarling Christmas light displays on Cantrell Road will always be the Osborne home, but the estimated 12,000-SF abode now belongs to Mike and Judy Roberts. read more >
Last year, 32 luxury homes in Pulaski County sold for $1 million or more, up from 30 in 2018. read more >
The same Fayetteville house was the most expensive home sold in northwest Arkansas in 2019 and in 2018. read more >
This week's group represents a varied roster with a multifamily property in Little Rock, eateries in North Little Rock and west Little Rock, Conway homes, a west Little Rock office building and duplexes in Benton. read more >
Saving money is good for the individual but bad for the overall economy because it reduces aggregate demand. read more >
The Tulsa-based convenience store chain purchased the land near the southwest corner of Interstate 30 and Otter Creek Road from Fletcher Realty LLC, led by Frank Fletcher. read more >
Dean LaGrone will assume the role of Springdale market president for First Security Bank in Springdale. read more >
