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Coronavirus Aid Relief & Economic Security Act (CARES)

Angee Valentine is interim director of the Reimagine Workforce program at Shorter College in North Little Rock, which offers eight fields of study, including human resources and computer technology.
Business Services / Education / Government & Politics / Health Care

Grant Helps Workers Reimagine CareersLock Icon

The state of Arkansas provides $13 million to two Arkansas colleges to meet job training needs. read more >
Amanda George is the chief financial officer for the University of Arkansas for Medical Sciences.
Business Services / Construction / Education / Government & Politics / Health Care / Insurance

Omicron and UAMS’ Financial PrognosisLock Icon

The University of Arkansas for Medical Sciences in Little Rock is unsure how the fast-moving omicron variant will affect its financial health for its current fiscal year. read more >
Government & Politics / Health Care / Insurance / Nonprofits

COVID-19 Disrupts Trends, Hospital Revenue

An analysis of the U.S. Census Bureau’s Quarterly Services Survey data on hospital visits shows the effects of the COVID-19 pandemic on hospital revenue in the United States, notably big declines in revenue during the pandemic’s early days and then big jumps in revenue once Congress approved pandemic relief. read more >
UAMS Medical Center in central Little Rock.
Government & Politics / Health Care / Insurance / Nonprofits

Government Aid Rescues Hospital Financials

Hospitals and medical centers in Arkansas benefited from government relief money last year to offset losses caused by COVID-19. read more >
Baptist Health Hospital and Rehab Center in Little Rock.
Government & Politics / Health Care / Insurance / Nonprofits

Baptist Health Nets Windfall Above $100M

Baptist Health of Little Rock reported an eye-popping $115 million in operating income in 2020, thanks to government stimulus funds. read more >
Construction / Government & Politics / Media & Marketing / Small Business

Arkansas Races to Bridge Broadband DivideLock Icon

Money to upgrade broadband infrastructure is being spread across Arkansas at a furious pace after the COVID-19 pandemic underscored the depths of the digital divide and delivered federal dollars to address it. read more >
Banking & Finance / Insurance / Restaurants & Food / Retail / Small Business / Tourism / Transportation

78 Companies Receive $100,000-Plus From BIG Program

The Business Interruption Grant program awarded all but 11 cents of its appropriation to 2,136 businesses out of 3,118 applications received during the application period in November. read more >
Paul Mehrlich, executive director of the Texarkana Regional Airport.
Business Services / Construction / Government & Politics / Health Care / Nonprofits / Tourism / Transportation

Texarkana Regional Lands New Airport TerminalLock Icon

The Texarkana Regional Airport will hold a groundbreaking June 12 for a $36 million, 37,000-SF terminal as it prepares for a post-COVID-19 future. read more >
Molly Rawn, CEO of Experience Fayetteville, says outdoor activities have been a bright spot in tourism in the wake of the pandemic.
Business Services / Government & Politics / Media & Marketing / Restaurants & Food / Retail / Tourism / Transportation

Arkansas Hospitality Tax Receipts Plunge in 2020

The COVID-19 pandemic sent hospitality tax collections in Arkansas plummeting last year, and the blow to some tourism bureaus in the state, which rely on the taxes for revenue, was even worse than those figures show. read more >
A screenshot of the Arkansas Division of Workforce Services' Pandemic Unemployment Assistance website at pua.arkansas.gov.
Government & Politics / Insurance / Legal

In Wake of Unemployment Scams, Tax Forgiveness

The Arkansas General Assembly is expected to pass legislation to forgive taxes on unemployment benefits paid to Arkansans in 2020 and 2021, in part because unemployment scams ran rampant. read more >
Amanda George, chief financial officer for the University of Arkansas for Medical Sciences, worries that pre-COVID-19 patient volumes may never return.
Construction / Education / Government & Politics / Health Care / Insurance / Nonprofits

COVID-19 Slashes UAMS ProfitsLock Icon

At the end of February 2020, the University of Arkansas for Medical Sciences in Little Rock had a surplus of $22 million. But then COVID-19 surfaced. read more >
Dr. Jennifer Dillaha, State Epidemiologist, Medical Director for Immunizations and Medical Director for Outbreak Response at the Arkansas Department of Health
Government & Politics / Health Care

Dr. Jennifer Dillaha on the Spin and Needles of COVID-19

Dr. Jennifer Dillaha, the state epidemiologist, has come to know the “terrible consequences of the current pandemic in a deeply personal way.” read more >
Government & Politics / Restaurants & Food / Small Business / Tourism

Wednesday Is Deadline for Businesses to Tap State Grant Program

Wednesday is the last day to apply for a pandemic relief program providing up to $250,000 in aid to Arkansas business in the personal care, tourism, travel and hospitality industries. read more >
Banking & Finance / Business Services / Government & Politics / Insurance / Legal / Nonprofits / Small Business

About the Main Street Lending Program (Madeline McElhanon Commentary)

As a component of the CARES Act, the Federal Reserve established the Main Street Lending Program to provide up to $600 billion in financing to businesses and nonprofit organizations negatively impacted by the onset of the COVID-19 pandemic. read more >
Banking & Finance / Business Services / Government & Politics / Public Companies / Small Business

Q3 PPP Tops $4.4 Billion at Biggest 20 Banks

The tally of Paycheck Protection Program funds that flowed through the 20 largest banks in Arkansas topped $4.4 billion and encompassed more than 50,149 loans. read more >
Bank OZK Chairman and CEO George Gleason
Banking & Finance / Business Services / Public Companies / Real Estate

More Face Time in Dallas for GleasonLock Icon

George Gleason, Bank OZK chairman and CEO, is becoming a Texan, in a transient sort of way. read more >
Banking & Finance / Business Services / Government & Politics / Insurance / Small Business

Arkansas Banks Start to See Forgiveness on PPP Loans

Bankers get some money back, but federal process should be simpler, they say. read more >
Banking & Finance / Business Services / Insurance / Investments / Real Estate

Virus Relief Leaves Arkansas Banks Awash in Deposits

COVID-19 has taken a toll on bank profitability, but the combination of federal relief money and pandemic-induced financial caution created a temporary glut of deposits. read more >
Eric Munson, commissioner of the Arkansas Securities Department
Education / Government & Politics / Investments

Securities Commissioner Eric Munson Bucks Fraud Trends

Eric Munson says perpetrators of confidence schemes are called “artists” for a reason: They expertly exploit victims’ hopes and fears. read more >
The design for the Arts Center makeover seeks to incorporate the building into MacArthur Park.
Construction / Education / Media & Marketing / Nonprofits / Technology / Tourism

Arkansas Arts Center Touts $500K Tech Upgrades

A $100 million renovation of its Little Rock building isn’t the only transformation the Arkansas Arts Center is undergoing; it’s also spending more than $500,000 to upgrade technology. read more >