Minorities and women do not have the same access to capital as their white male counterparts, a systemic issue that can be addressed, a panel of Arkansas bank leaders and a small-business owner says. read more >
Murphy Oil Corp. of Houston, formerly of El Dorado, has announced plans to offer $550 million in debt through senior notes due in 2028. read more >
Target Corp. extended its strong streak through the holiday quarter and sales grew by more than $15 billion in a pandemic year, exceeding the company's annual sales growth over the past 11 years combined. read more >
Renee Mauborgne, an economist and professor at international business graduate school INSEAD, will lead the third webcast in a series presented by Arkansas Business throughout 2021. read more >
Jeremiah Anderson has been hired by the Little Rock Regional Chamber as director of business attraction. He will work with the chamber to attract new businesses to the region. read more >
Princeton Place Apartments LLC, an affiliate of Pace Burt Inc. of Albany, Georgia, acquired the 11-story building at 300 E. Roosevelt Road from the Institute in Basic Life Principles Inc. of Hinsdale, Illinois. read more >
Many of Arkansas’ current infrastructure projects require long-term plans that can be modified as needed, four industry professionals said during the “RechARge Arkansas: Regional Infrastructure Update” webinar. read more >
Demand for new homes in the U.S. surged 4.3% in January with the housing market still one of the strongest segments of the economy. read more >
Dillard's Inc. of Little Rock reports fourth-quarter net income of $67 million, down slightly from the same quarter last year, but same-store sales declined 17%. read more >
A Fayetteville company that manufactures peanut butter and almond butter recently raised $1 million from investors. read more >
This week’s installment of million-dollar real estate transactions features a mixed quartet of properties. read more >
MAG Capital Partners of Fort Worth, led by Dax Mitchell and Andrew Gi, bought J.J.’s Beer Garden & Brewery through its MAG-JBGB Investment Partners LLC. JBGB was created by Jody Thornton, who owns nine J.J.’s Grill sites in Arkansas. read more >
Rowan Park at Kanis LLC, led by Jacob Chi, sold its namesake project at 1000 Kirby Road to Deancurt Little Rock II LLC, an affiliate of Aspen Square Management Inc. read more >
Bryan Barnhouse was promoted to CEO of the Arkansas Research Alliance on Jan. 1. Previously, he served as the ARA’s chief operating officer and vice president of the ARA. read more >
Our country is experiencing a "startup slump," with fewer people taking the plunge to start their own businesses. To fix this problem, we must craft solutions that create jobs and support business owners. read more >
Walmart swings to a loss in the fourth quarter as the sale of its Japan and United Kingdom divisions weighed on its performance. read more >
BSR Real Estate Investment Trust of Little Rock announced Tuesday that it has sold Towne Park at Har-Ber Apartments in Springdale for $31.7 million, 9.7% more than what the REIT paid for the complex in October 2018. read more >
America's Car-Mart Inc. of Rogers reports third-quarter fiscal 2021 revenue of $228.3 million, up from the $186.7 million it reported for the same quarter in fiscal 2020. read more >
As parents, we all want to equip our children with the emotional tools to deal constructively with stressful situations, but who among us would have thought that a college student could be holding in his hand inescapable proof that he accidentally owed three-quarters of a million dollars? read more >
Nearly six years ago, Sheila McCutcheon submitted paperwork for a loan reflecting a personal net worth of more than $1.4 million. Nineteen months later, she has filed a financial hardship statement asking to stop collection calls claiming, “My financial state is as low as it can get.” read more >
