Morrow Joins Arvest in Jonesboro (Movers & Shakers)
Mark Morrow has been hired as vice president and commercial loan officer at Arvest Bank in Jonesboro. read more >
Banking & Finance
The 2020 20 In Their 20's: The Future Looks Bright From Here
From Rogers to Jonesboro to Benton and McCrory, there is bright young talent across our state. For the 11th year, Arkansas Business is proud to introduce 20 of the freshest faces in business and community service. read more >
Fed's 'Beige Book' Finds Widespread Pessimism About Economic Future
The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus. read more >
Arkansas Business Announces 'Best Places to Work' Honorees, Online Event
Arkansas Business will honor more than 40 companies designated among this year's "Best Places to Work" during an interactive online ceremony in November. read more >
Protests Fail to Boost Black-owned Businesses
Social media campaigns urged consumers to buy goods and services from Black-owned businesses following protests against racism and police brutality. But several African American business owners told Arkansas Business that they saw little, if any, boost in sales. read more >
Schwyhart Meltdown Followed Hunt's Exit
Thirteen years ago, word began leaking out that one of the most dynamic commercial development partnerships in fast-growing northwest Arkansas was breaking up. read more >
No Summer Fling (Gwen Moritz Editor's Note)
Instead of simply asking what white-owned businesses can do to promote diversity in their workforce or in their customer base, Americans of goodwill are asking how they can make minority-owned businesses more stable and profitable. read more >
Little Rock Funeral Home Registers $1.7M Sale (Real Deals)
Little Rock Funeral Home is now part of Smith Family Funeral Homes after a recent purchase. read more >
ReMix Dissolving Barriers for Black Entrepreneurs
ReMix Founder Benito Lubazibwa believes Black business ownership is a path to wealth creation and that increasing it will reduce the racial wealth gap that is quickly widening in the United States. read more >
Level the Field for Entrepreneurs of Color (Yee-Lin Lai Commentary)
Entrepreneurs of color are facing a skewed playing field. On average, minority households in the U.S. have significantly less wealth than white households, leaving them with less money to start a business and less collateral to qualify for credit. read more >
Get Tickets for Arkansas Business' Women's Leadership Summit in Jonesboro
Arkansas Business is holding its first Women's Leadership Summit Oct. 8 in Jonebsoro, and tickets to the virtual event are available now. read more >
Despite Pandemic, NW Arkansas Real Estate Remains Strong
The COVID-19 pandemic, whose effects began in March, hasn't slowed the northwest Arkansas real estate market. read more >
A-State, Companies Offer Employees Help With Furthering Their Education
Four companies have partnered with Arkansas State University to help their employees who want to earn credit hours toward a degree. read more >
Pine Bluff Gets a Sprucing Up
Led by the Saracen Casino Resort, which has a construction value of $215 million, Pine Bluff is seeing growth across the city unlike any in recent years. read more >
U.S. Bankruptcies on Pace to Hit 10-Year High
Bankruptcies in the United States are on track to hit their highest levels in 10 years as the coronavirus pandemic continues to quell economic activity and keeps many Americans from re-engaging fully with the economy. read more >
Partners Bank Saddles Up for Springdale
The full-service branch in the works at 3632 Johnson Mill Blvd. in Springdale represents the first beyond the Delta for Partners Bank of Helena-West Helena. read more >
Southern Bancorp On the Move
Arkadelphia's Southern Bancorp Bank will be relocating its west Little Rock operations into leased space formerly occupied by the State Bank Department. read more >
Growing the Porous Business (Jim Karrh On Marketing)
Business leaders across our state — and the U.S. — are now looking ahead to 2021. Has there ever been a time when strategies and forecasts have felt more tenuous? read more >
Staton Takes on Commerical Loans at Relyance (Movers & Shakers)
Evan Staton has been hired as commercial loan director by Relyance Bank in Pine Bluff. read more >
ABA Joins Banking Associations, Others In Decrying Refinance Fee
The Arkansas Bankers Association is one of 51 state banking associations during the Federal Housing Finance Agency to rescind a 0.5% fee on refinance loans offered by Fannie Mae and Freddie Mac. read more >
Arkansas Unemployment Drops to 7.1% in July
Arkansas' seasonally adjusted unemployment rate declined to 7.1% in July from 8.1% in June, the state Department of Workforce Services reported Friday. read more >
On Loan Accommodations (Commentary)
As borrowers near the end of initial accommodation periods related to COVID-19, the FFIEC encourages financial institutions to consider arrangements that might mitigate adverse effects. read more >
NanoMech Faces $1.5M Foreclosure
While the Chapter 11 bankruptcy of Springdale's NanoMech Inc. concluded earlier this summer, the industrial lubricants manufacturer recently was served with a nearly $1.5 million foreclosure suit read more >
Circle K Redevelopments Ring Up Combined $6.8M (Real Deals)
A pair of Circle K projects in west Little Rock and North Little Rock changed hands in tandem deals totaling more than $6.8 million. read more >
BKD CPAS & Advisors Name Davenport Arkansas Managing Partner
BKD CPAs & Advisors says Susan Davenport will succeed Ryan Underwood as its next Arkansas managing partner, effective Jan. 1. read more >
Kade Holliday: Former County Clerk Accused of Fraud, All That Jazz
Five weeks after allegations surfaced that former Craighead County Clerk Jacob “Kade” Holliday had embezzled more than $1.6 million from taxpayers, another purported victim was still looking for answers. read more >
Walmart CTO Tops Executive Compensation List
Walmart CTO Suresh Kumar's experience explains why his total compensation for the first seven months he spent at Walmart made him the highest-paid executive among Arkansas' public companies. read more >
Art, Nature Bring Life to Bank OZK HQ
The checklist of finishing touches has dwindled to artwork at the new Bank OZK headquarters in west Little Rock. The grandest of the yet-to-arrive artisan pieces has reserved placement outside the 248,000-SF office building clad in glass, granite and zinc. read more >
A Remade Windstream Bets on Itself
Windstream's immediate plans once it comes out of bankruptcy includes investing in high-speed broadband for rural consumers. read more >
HMS Plant Acquisition Registers $15.1M (Real Deals)
A 557,950-SF building in the Little Rock Port Industrial Park tipped the scales at $15.1 million. read more >
Editors' Picks
