Banking & Finance
Jason Gober Named Business Development Officer for SBA Lending at FNBC Bank (Super Mover)
Gober brings more than a decade of banking experience to FNBC.
Lori Ross leads Doula Alliance efforts; Dr. Khan and Dr. Vankawala join Baptist Health; Lorie Tudor earns AGC honor; J.C. Hendrix hired at First Community Bank.
Thomas Chapin, a Pulaski County real estate investor, must pay $1.1M to former partner Matthew Lamb and was judicially expelled from their LLCs under Arkansas’ updated 2021 LLC act.
Providing a second path to aspiring CPAs is worth considering in a time of shortage.
From Outsider to the Oval Office, Bitcoin Surges as a New Administration Embraces Crypto
Bitcoin briefly surged above $103,000 after President-elect Donald Trump said he intends to nominate Paul Atkins, a former regulator who's seen as friendly to crypto, as the next chair of the Securities and Exchange Commission. read more >
by Associated Press -
Why Trump and the Federal Reserve Could Clash In the Coming Years
Trump’s proposals to cut taxes and impose steep and widespread tariffs are a recipe for high inflation in an economy operating at close to full capacity. And if inflation were to reaccelerate, the Fed would need to keep interest rates high. read more >
by Associated Press -
Arvest Foundation Gives $102K to Organizations in Central Arkansas
The funds support organizations that are "actively working to create positive change for others," the foundation said in a news release. read more >
Small Business Owners Brace for Trump’s Proposed Tariffs
Trump has proposed importers pay a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one of his first executive orders. read more >
by Associated Press -
State Tax Revenue Rises 8.3% in November
The increase was driven by higher-than-expected returns in individual and corporate income taxes, coupled with lower-than-anticipated refund claims. read more >
Trump Names Warren Stephens as Ambassador to UK
The appointment, which must be confirmed by the Senate, comes after Stephens contributed $2 million to a Trump-backing super PAC this year. read more >
by Associated Press -
Arkansas Business Names Finalists for Business of the Year Awards
The annual Legacy of Leadership award will be presented to Charles Nahbolz, chairman emeritus of Nabholz Corp. of Conway. read more >
Rock Dental Secures $90M in Funding to Continue Growth, Adds Chief Development Officer
With the new funding, Rock Dental is adding two new clinic partnerships in Birmingham, Alabama. read more >
Brad Beech Sues Brother Over Trucking Company Stake & Embezzlement Claims
The brothers teamed up to start a companion logistics company called Everyone On Time Safely Logistics LLC, with each owning half, according to a lawsuit filed in Pulaski County that has started the legal dispute over stake in one of the state’s fastest-growing trucking companies. read more >
by Mark Friedman -
Walmart’s Warning (Editorial)
Businesspeople need to prepare for potentially higher prices and supply chain disruptions. read more >
Chambers Bank Senior VP Dan Broyles to Retire After 24 Years (Movers & Shakers)
Broyles began working for Chambers Bank in 2000 as a business development officer and has served in his current position since 2002. read more >
Vilonia Businessman’s $400K Legal Battle Unfolds Amid Fraud Allegations
Ryan Saddler sues his former attorney Shane Henry, alleging fraud, malpractice, and unethical conduct over a $400,000 consent judgment and mismanagement of company finances. read more >
by George Waldon -
Arkansas Proposes Changes to CPA Licensing Requirements to Address Industry Demands
New rules may be on the horizon, but for now, an aspiring certified public accountant in Arkansas needs 150 hours of college credit. That’s five years of schooling at the normal rate. read more >
by Kyle Massey -
Doing Good Is Good for Small Businesses (Faviola Alba Commentary)
Charitable giving can be good for your business and community, and there’s a right way to go about it. read more >
by Faviola Alba -
Jeffrey Nielsen Named President & CEO of the Harrison Regional Chamber of Commerce (Super Mover)
Nielsen has spent much of his career in local government and the construction industry. read more >
CPA Licensing: The Path, the Test and the Numbers
Arkansas may adopt a 120-hour CPA licensure path with two years of work experience, aiming to ease barriers and attract more candidates to the profession. read more >
The Rising Price of Paying the National Debt Is a Risk for Trump’s Promises On Growth and Inflation
Not only is the federal debt at roughly $36 trillion, but the spike in inflation after the coronavirus pandemic has pushed up the government's borrowing costs such that debt service next year will easily exceed spending on national security. read more >
by Associated Press -
Encore Bank & Bank of England Up And Down in 2024
Encore Bank sees modest gains, Bank of England struggles with losses, and Bank OZK expands its southeastern footprint with new branches in Georgia and Florida. read more >
by George Waldon -
West Memphis Company Raises $4M in Private Equity Placement
GLWM Medicinal Investment Co. LLC in West Memphis raised $3.93M through private equity. Tied to Greenlight Dispensary, it likely focuses on medical marijuana. read more >
First Security Bank Pursues Foreclosure on Texas Trucking Company
First Security Bank is seeking to foreclose on a loan to a Texas trucking company that bought $3.8 million worth of property in Springdale in 2022. read more >
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