As the youngest baby boomers close in on retirement and begin to contemplate what their legacies will be, nonprofits and universities are looking to consistent donors for their slice of an expected multitrillion-dollar wealth transfer.
A former Jonesboro accountant recently made a dent in a $9 million civil judgment owed to a former client from which he embezzled for more than 20 years.
Instead of boosting his state pay for promoting Arkansas from $200,000 to $845,000 a year, gardening and lifestyle star P. Allen Smith appears likely to get 95% less than his previous contract provided — or perhaps nothing at all.
This week's triple bill features industrial property in Jacksonville, a medical office building in Bryant and a trailer project between Cabot and Jacksonville. read more >
An investment group composed of companies led by Haitham Alley and Bradley Davis purchased the Petsmart-Banfield Pet Hospital at 11400 Financial Centre Parkway. read more >
Bob Roberts, a former CFO of Baptist Health, is now chief operating officer of Legacy Capital. read more >
Nonprofit organizations should seek the advice of an accounting professional as they strive to adhere to the new standards issued by the Financial Accounting Standards Board. read more >
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 >
Nighthawk Crestwood LLC bought the 228-unit apartment complex in the Hillcrest area of Little Rock at 3802 Kavanaugh Blvd, backed with a $9.4 million loan from Greystone Servicing. read more >
Two new competitors are entering the Conway lending market, where 13 banks already fly their banners. read more >
Portland's Home Bank of Arkansas posted a $640,000 loss for the quarter ending June 30. read more >
Fighting policies that protect workers from disruption should unite the left, right and center — and should bring into clear focus the point at which corporations should rightly cede responsibility for employee protections to government. read more >
Craig Mobley has been promoted to chief operating officer of First Financial Bank of El Dorado, and Chris Johnson has been named regional market president for the state of Arkansas. read more >
Steve Purtee has been promoted from city accountant to financial director for the city of Jonesboro. read more >
Hugg & Hall Equipment Co. of Little Rock and Scott Equipment Co. LLC of Monroe, Louisiana, trade Volvo and Toyota manufacturer territories in Louisiana and Arkansas. read more >
Arkansas Secretary of Government Transformation and Shared Services Amy Fecher and Southern Bancorp CEO Darrin Williams are among executives scheduled to speak as part of the 2020 Arkansas Business Executive Leadership Academy. read more >
A planned 200,000-SF WeWork office project in downtown Bentonville should not be affected by the turmoil surrounding the parent company. read more >
Hospitals' bottom lines were hurt by flat patient volume, a shortage of nurses and the high cost of specialty drugs read more >
The idea of Americans scrolling through hospital websites to find the best deal on a mammogram or tonsillectomy sounds good to almost everybody. But the devil is in the details, and when federal plans emerged to force hospitals and insurers to reveal their negotiated rates for all kinds of medical services, the pitchforks came out. read more >
Qualenta Forrest has been named vice president of human resources for the CHI St. Vincent health system. read more >
John McPike has been promoted to senior vice president at First Security Bank's main banking center in Jonesboro. read more >
Franchisee Jon Foote recently opened an MIT Solutions office at 4210 N. Frontage Road, Suite 31, in Fayetteville. read more >
Engineering firm Benchmark Group of Rogers opened a branch office in downtown Dallas. read more >
Faculty members were stunned over the summer when Lisa Toms, dean of the College of Business at Arkansas Tech University, was escorted off the Russellville campus. Some faculty members think ATU President Robin Bowen demoted Toms to send a warning. read more >
Chris Cook, Matt Faries, Whitney Rial and Omar Clemons have been named as four newly assigned Entergy Arkansas customer service representatives. read more >
Gordon McGuire has been promoted to research analyst at Stephens Inc. of Little Rock. read more >
Every organization has at least one of those above-average performers, often considered rock-stars, who deliver results, make themselves invaluable, and leave a swath of anger, chaos, and destruction in their wake. read more >
First Electric Cooperative in Jacksonville has nearly finished upgrading a member's home with automation technology to increase energy efficiency. read more >
A couple wounded last month in a mass shooting at a Texas Walmart filed suit against the Bentonville retailer, becoming the latest shooting victims to sue a business for failing to protect them. read more >
Instrumentation is a powerful resource for business leaders to use in making decisions about their company. If your financial reports do not show actionable trends in profitability, sales, and cash flow, you could be wasting your time. read more >
Donald Tankersley, who retired last year as CEO of White Dairy Ice Cream Co. Inc. of Van Buren, waived indictment and pleaded guilty in U.S. District Court on Thursday to two counts of tax fraud. read more >
Broadband provider Ritter Communications of Jonesboro is broadening its footprint again, introducing business services in Harrison that recently made their debut in Hot Springs. read more >
Arkansas' unemployment rate remain unchanged at 3.4% between July and August, the state Division of Workforce Services said Friday. read more >
