PCA Technology Solutions Announces New Partnership
PCA Technology Solutions recently announced its partnership with Invo Solutions LLC of Springfield, Missouri, a financial technology company that has launched new video banking software. read more >
Banking & Finance
Little Rock's Euronet Software Announces Promotion
Financial technology firm Euronet Software of Little Rock announced Monday the promotion of Tony Warren to president and managing director. read more >
Heileman Cattle Family Feud Includes Charges of Fraud, Larceny
A family cattle business in Poinsett County ended in a multimillion-dollar bankruptcy last year, and now one of its owners is being accused of fraud. read more >
New Jacksonville Schools Propel Growth
Jacksonville is on the rise, and its schools are playing no small role in that. Replacing all schools in the Jacksonville-North Pulaski School District is one way the district, carved out of the Pulaski County Special School District in 2014, is hoping to improve education in the community. read more >
Innovation Hub Growing in Pine Bluff
Go Forward Pine Bluff's innovation hub, The Generator, is in for a busy September. Mildred Franco, executive director of The Generator, hopes renovations will begin then on its physical location: the three-story building formerly known as the Merrill Civic Center. read more >
Recession Forecasts: Business Economists Split on Timing
Seventy-two percent of U.S. business economists surveyed predict a recession next year or in 2021, with 38% forecasting a downturn in 2020, and 34% putting it in 2021. read more >
Fayetteville Retirement Home Sells for $18M (NWA Real Deals)
A Virginia investment firm bought the Brookstone Assisted Living Facility in Fayetteville for $18 million. read more >
Despite Fast Growth, Nelson Peacock Notes Ample Room for More Talent in NWA
Nelson Peacock, president and CEO of the Northwest Arkansas Council, says the area's greatest need is talented workers to fill 10,000 jobs. read more >
US New Home Sales Slid 12.8% in July
Sales of new U.S. homes fell a steep 12.8% in July, but the drop came after revisions to June sales showed the sales highest growth in 12 years. read more >
Walmart Adds Two to Global Governance Staff
Walmart announced Thursday the addition of Emma Waddell and Joe Rodriguez to its Global Governance division. read more >
Sheridan Company Goes With the Grain As Golf Course Sand Supplier
Family-owned Hayden Group Inc. of Sheridan produces sand tailor-made for use in golf course bunkers around the nation, including The Alotian Club in Arkansas. read more >
Arkansas Business Announces CFO Finalists, Tickets Info
Arkansas Business' 2019 CFO of the Year finalists and Lifetime Achievement Award winners will be recognized at a luncheon on Thursday, Nov. 7, at the Embassy Suites in Little Rock. read more >
Arkansas Fax Avengers Target Wells Fargo for $22M
Financial giant Wells Fargo is the latest company snared in a multimillion-dollar legal strategy honed in Arkansas: filing class-action suits over unwanted faxes. read more >
Western Financial Was Allowed to Leave Case Early
Before WestFax Inc. was hit last year with a $21.1 million class-action judgment in Arkansas involving unwanted faxes, the client company that made the fax solicitation was allowed to exit the case by saying it couldn't afford even a modest judgment. read more >
Hidden Search of Schwyhart Assets Probes Attorney Files
The search for nearly $3.2 million from a once-secret 2013 settlement and possession of a grand home valued at $1.9 million by the Benton County assessor remain at center stage in the bankruptcy of Bill and Carolyn Schwyhart. read more >
What, Me Worry? (Gwen Moritz Editor's Note)
In every case, risk itself is compounded by incompetent, uninterested management. read more >
Not a Good Look (Editorial)
It takes some doing to make Wells Fargo look like a sympathetic victim, but the legal community in Pope County has managed it. read more >
Tandem Apartment Sales Combine for $56.5M (Real Deals)
Affiliates of B&M Management Co. of Montgomery, Alabama, bought the Stonebridge and Carrington Park apartment projects from affiliates of Philadelphia's Independence Realty Trust. read more >
Armor Bank Names New Market President in Jonesboro (Movers & Shakers)
Brock Fletcher has been hired by Armor Bank of Forrest City as president of its new Jonesboro market, and Bryan Wagner has been hired as senior vice president of commercial lending and business development. read more >
Arkansas Unemployment Drops to 3.4%, A Record Low
Arkansas' unemployment rate dropped by one-tenth of a percentage point in July, to 3.4% from 3.5% in June. read more >
Bryan Scoggins to Lead Arkansas Development Finance Authority
Bryan Scoggins has been named president of the Arkansas Development Finance Authority, effective immediately. read more >
Pair of WLR Apartments Sold for Combined $56.5M
The sale of west Little Rock apartment developments starts this week's procession of million-dollar real estate transactions, followed by a Searcy hotel and three Sherwood properties. read more >
'Tough Luck' Farmer Pleads Guilty to Stealing $17M
A Louisiana farmer pleaded guilty last month to stealing nearly $17 million by making a series of fraudulent loans and advances from a list of victims. read more >
Livestock Companies Tie for Biggest SBA Loans of FY18
While the average SBA loan in Arkansas last year was just shy of $600,000, the smallest was only $5,800. read more >
Top Stockholders in Arkansas Buoyed by Runup in Markets
It's been almost two years since Arkansas Business listed the state's top stockholders based on the value of publicly disclosed stock. Since then, the Walton family's fortune — the part disclosed publicly — has increased by more than $20 billion. read more >
Texarkana Project Expected to Propel Downtown Growth
After a decade of hope and false starts, the revitalization of downtown Texarkana achieved a breakthrough with the sale July 31 of the historic Hotel Grim to a housing development group. read more >
Unemployment Rates Trend Lower in Arkansas
The unemployment rates in most of Arkansas' metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines. read more >
Postal Purchase Delivers $2.7M Transaction (Real Deals)
An affiliate of Nationwide Postal Management Inc. purchased the 19,500-SF post office administration building at 420 Natural Resources Drive in Little Rock. read more >
Bank of Prescott Attracts $8.4M Purchase Offer
The proposed sale of the last lender headquartered in Nevada County represents a nearly $8.4 million cash transaction. read more >
Acquisition of First State Bank of Crossett Expected by 2020
The sale of the $34.6 million-asset First State Bank of Crossett to Capital Bancorp Inc. of Delhi, Louisiana, announced 18 months ago, is now expected to close before year's end. read more >
Editors' Picks
