NLR Hotel Pays $250,000 in Back Taxes
The owner of the 137-room Country Inn & Suites at 120 W. Pershing Blvd. in North Little Rock paid over $250,000 to cover back taxes for 2019-21. read more >
Navigating Interest Rates & New Markets with Buddy Harding
Buddy Harding joined Carty & Co. of Memphis in February 2022 as a senior vice president, stockholder, director and manager of the Little Rock office read more >
The Lectern: A Halloween Tale (Editorial)
How the governor spends taxpayer money is exactly what the media should focus on. read more >
A Sign of the Times
At one time, Arkansas couldn’t get enough of Chinese investment. Times have changed. read more >
by Lance Turner -
Public Pensions, Private Equity: ATRS and APERS Exceed Targets with Diverse Investments
Both systems, the state’s largest pension funds, exceeded their goals for returns after a dismal fiscal 2022, and both also have new leaders fresh out of state agencies. read more >
by Kyle Massey -
Bank OZK Posts Third Straight Quarter of Record Profit
Net income surged 32% from the same period a year ago. read more >
Fed Chair Powell: Inflation Remains Too High, More Rate Hikes Could Be Needed
Powell noted that inflation has cooled significantly from a year ago. But he cautioned that it's not yet clear whether inflation is on a steady path back to the Fed's 2% target. read more >
Home BancShares Income Falls 9% in Q3
Deposits continued sliding in the quarter and are now down 15% since the company's acquisition of Centennial Bank last year. read more >
White River Bancshares Profit Drops Sharply in Q3
Higher funding costs continue to impact the Fayetteville lender's bottom line. read more >
Alisa Kelly Promoted to Senior VP & Director of Audit at Chambers Bank (Movers & Shakers)
She has 22 years of bank accounting experience and has served as the controller for the bank since 2013. read more >
Today’s Bank Expands to Benton County
The $332 million-asset lender is poised to start doing business through a newly built 2,800-SF full-service branch at 181 Slack St. in Pea Ridge. read more >
by George Waldon -
First Security Bank to Open First Out-of-State Branch in Florida
The $7.5 billion-asset lender intends to open its first out-of-state branch in Santa Rosa Beach, Florida. read more >
Supporting Small Businesses with SBA District Director Adriene Brown
Brown joined the Small Business Administration in April. She previously worked 13 years for the U.S. Department of Defense, where she was deputy division chief for Shared Services. read more >
2 Promoted at Arkansas Electric Cooperative Corporation (Movers & Shakers)
Megan McClain has been with the cooperatives in 2020, and Justin Simpson has been with the cooperatives since 2011. read more >
State Tax Revenue Falls 7.9% in September, but Still Above Forecast
The state had a surplus of $108 million through the first quarter of fiscal 2024. read more >
Legal Jabs for Jermain Taylor: Centennial Bank Files $403,000 Foreclosure Lawsuit
On Sept. 21, Centennial Bank of Conway filed a foreclosure lawsuit against Taylor, who beat Bernard Hopkins in 2005 to become undisputed middleweight champion of the world. read more >
Boyle Building’s Fiscal Plan Unveiled
Last month, Attorney General Tim Griffin struck a deal with Moses Tucker Partners in a lease-purchase agreement for Little Rock’s Boyle Building. read more >
Church Pays $1.9M For P.F. Chang’s Site (Real Deals)
Temple Baptist Church of Little Rock purchased the 7,931-SF project at 317 S. Shackleford Road from Anchor Realty Investments LLC, led by Alan Bubbus. read more >
by George Waldon -
Alana Girard Named COO at Generations Bank of Rogers (Movers & Shakers)
She previously was director of operations of the financial institution. read more >
Bentonville’s Ox Attracts National Press, Investors
Charu Thomas, 25, founded Ox in Bentonville, whose technology integrates AI and wearable devices to optimize supply-chain efficiency, addressing pandemic-induced challenges. read more >
by Lara Farrar -