Insurance & Benefits Archive

Millennial Incomes: Median Hits $69,000 in 2017

by Arkansas Business Staff 6/3/2019 12:00 am

Median incomes of U.S. households are rising again, and “those headed by a Millennial (someone age 22 to 37) now earn more than young adult households did at nearly any time in the past 50 years,” according to the Pew Research Center.

Businessman Fears Arkansan Is Posing as a Doctor – Again

by Mark Friedman 6/3/2019 12:00 am

An Arkansas man who wore M.D. on his name tag and hung an unearned medical diploma in his office for years may be at it again five years after pleading guilty to practicing medicine without a license.

And Now: Good News (Editorial)

by Arkansas Business Editors 6/3/2019 12:00 am

We have suggested to Michael Pakko, the state economic forecaster, that the volume of Movers & Shakers landing in our queue be considered an economic indicator. By that indication, Arkansas' economy is humming.

Walmart Shift on Greeters Leads to Lawsuit

by Mark Friedman 6/3/2019 12:00 am

Walmart's initiative to change its “people greeter” jobs to ones that require more physical labor brought complaints and a lawsuit against the Bentonville retailer over allegations that it violated the Americans With Disabilities Act.

Sheila Williams Picks Up PACE Program at Baptist Health (Movers & Shakers)

by Arkansas Business Staff 6/3/2019 12:00 am

Sheila Williams, who most recently served as vice president and administrator at Baptist Health Medical Center-Hot Spring County, has been named executive director of Baptist Health's PACE program in North Little Rock.

Presenting the 40 Under 40 Class of 2019: An Annual List of Rising Stars

by Gwen Moritz 6/3/2019 12:00 am

Meet 40 impressive young business and community leaders of Arkansas who will give you confidence that our state will be in good hands for decades to some.

First Security Bancorp Burgeons Into Big Time

by George Waldon 5/27/2019 12:00 am

These days, the First Security name is shared among 21 lenders in 15 states around the nation. But the biggest in the land by far is the $5.3 billion-asset financial institution that makes its home in Searcy.

Acquisitions Alter List of 75 Largest Private Companies in Arkansas

by Gwen Moritz 5/27/2019 12:00 am

The departures of five companies that were acquired in the past year made room at the bottom of the list for companies that had not made the cutoff last year — or ever. The price of entry to the list? $100 million

Farmers B&T of Magnolia to Acquire Bank of Prescott

by Gwen Moritz 5/20/2019 11:24 am

Farmers Bank & Trust of Magnolia announces a deal to acquire the Bank of Prescott in the third quarter of 2019, but the financial terms of the deal were not released.

Innovation vs. Industry Thinking (Jim Karrh On Marketing)

by Jim Karrh 5/20/2019 12:00 am

Where are you getting fresh ideas for your business? Are you better off looking within your industry, or outside of it?

Joe Clay Young Moves Up at Merrill Lynch (Movers & Shakers)

by Arkansas Business Staff 5/20/2019 12:00 am

Joe Clay Young IV was recently promoted from first vice president to senior vice president at Merrill Lynch in Jonesboro. Brenda Eldridge has been hired as chief financial officer at Partners Bank of Helena, the new name of the bank previously known as Helena National Bank.

Schwyhart Manor in Rogers, Nearly $3.2M Draw Scrutiny

by George Waldon 5/13/2019 12:00 am

The dispute between Bill and Carolyn Schwyhart and creditors has also brought into question what happened to nearly $3.2 million from a once-secret settlement unveiled earlier this year.

Sunstar Merges with Todd Agency of Little Rock

by Kyle Massey 5/8/2019 11:30 am

Sunstar Insurance Group LLC of Little Rock has continued its expansion trend, announcing a merger with the Todd Agency of Little Rock.

Central Arkansas Unemployment at 3.5 Percent

by Arkansas Business Staff 5/6/2019 12:00 am

The unemployment rate in the Little Rock-North Little Rock-Conway metropolitan statistical area remains near a historical low, 3.5% in February.

Your Just Deserts (Gwen Moritz Editor's Note)

by Gwen Moritz 5/6/2019 12:00 am

Deserve is not an economic concept; it's a marketing concept. It's a word that allows consumers to rationalize spending money on appealing nonessentials.

Files Offer Look Inside $120M Delta Resort Bankruptcy

by Mark Friedman 4/29/2019 12:00 am

In December, creditors forced Gary R. Gibbs, the developer of the Delta Resort & Spa in Desha County and the Hotel Hot Springs & Spa, into bankruptcy for defaulting on $119.4 million in loans. It's familiar territory for Gibbs, who recovered from a 2005 bankruptcy only to fall back into financial distress after the New Orleans bank that made his loans failed.

Dad's Death Gave Purpose to Son's Life

by Kyle Massey 4/29/2019 12:00 am

His father's preventable stroke set the stage for Allan Nichols' career move into nonprofit health care and Mainline Health Systems Inc., which now boasts full-service clinics throughout the Arkansas Delta.

LR Office Transaction Rings Up $1.6M Sale (Real Deals)

by George Waldon 4/29/2019 12:00 am

Louisiana & Third Properties LLC, led by Haitham Alley, purchased the Tripp Building at 209 W. Second St.

Two-Thirds of Arkansas Counties Lose Residents

by Arkansas Business Staff 4/29/2019 12:00 am

Two-thirds of Arkansas' counties lost population between 2012 and 2017, according to the U.S. Census Bureau.

Booming Economy in NWA Fuels Area's Private Aviation

by Marty Cook 4/22/2019 12:00 am

It doesn't take a numbers guru to know that things are adding up for the Fayetteville Executive Airport at Drake Field. Summer Fallen, the airport service manager, says the airport has felt the positive effects of a strong economy in northwest Arkansas.