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 >
Rebekah Guiltner Promoted to Senior VP at FNBC Bank (Movers & Shakers)
Explore career advancements and new hires across Arkansas industries, from banking and education to technology, health care, and legal sectors. read more >
Federal Reserve’s Likely Slowdown In Rate Cuts Could Disappoint Borrowers
Several surprisingly strong economic reports, combined with President-elect Donald Trump's policy proposals, have led to a decidedly more cautious tone from the Fed that could mean fewer cuts and higher interest rates than had been expected. read more >
by Associated Press -
State Jobless Rate Remains at 3.3% in October
Compared to October 2023, there were 32,806 more people employed in the state. read more >
Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures
Powell, speaking in Dallas, said that inflation is edging closer to the central bank's 2% target, “but it is not there yet." At the same time, he said, the economy is strong, and the policymakers can take time to monitor the path of inflation. read more >
by Associated Press -
Paul Phillips Appointed Federal Programs Director at Cromwell Architects Engineers (Mover & Shakers)
In this role, Phillips will spearhead business development efforts in the federal sector, focusing on strategic marketing initiatives. read more >
Saline County Businessman Accused of Scamming Cousin Out of $390K Faces Bankruptcy Battle
Ricky Don Angel borrowed $390,000 from his cousins Sharon and Rory Wadkins in late 2020, promising substantial returns but failing to repay the debt, which they now allege was secured through false pretenses. read more >
by Mark Friedman -
Sean Williams Appointed CEO of First Financial Bank (Super Mover)
Williams joined First Financial Bank in late 2019 with the acquisition of First National Bank of Wynne, where he served as CEO. read more >
Randolph County Farmland at Center of $2.1M REIT Foreclosure Dispute
A foreclosure complaint has been filed against a real estate investment trust that held a $2.1 million loan secured by more than 2,200 acres of land in Randolph County. read more >
Arkansas Commercial Insurance Rates Soar Amid Extreme Weather & Inflation
The commercial real estate insurance market is facing its toughest conditions in years, with skyrocketing premiums, increased deductibles, and changing risk profiles due to severe weather events. read more >
by Kyle Massey -
Consider Hiring People With Disabilities (Jeff Dern Commentary)
Businesses that hire people with disabilities are better for it in a multitude of ways. read more >
by Jeff Dern -
The Average Rate on a 30-Year Mortgage In the US Slips to 6.78%
Mortgage rates are influenced by several factors, including the yield on U.S. 10-year Treasury bonds, which lenders use as a guide to price home loans. Bond yields have been rising in recent weeks following encouraging reports on inflation and the economy. read more >
by Associated Press -
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