Tagged: Covid-19

Finance Crisis at Arkansas Colleges Hits the Layoff Stage

Finance Crisis at Arkansas Colleges Hits the Layoff Stage

Health CareTechnology & TelecomCover Story

With Arkansas’ public colleges in historic financial distress, University of Arkansas at Little Rock Chancellor Christina Drale prescribed a bitter remedy this month — cuts deep enough to cost tenured professors their jobs — and state education leaders fear other state universities may have to take a dose. read more >

Force Majeure in Arkansas (Commentary)

Force Majeure in Arkansas (Commentary)

OpinionHealth CareLegal

Most contracts have a “force majeure” clause, in which the parties agree to waive some or all responsibilities in light of unexpected activity constricting a party’s operations. Parties should understand their rights and responsibilities under their contracts as they consider how to respond to the evolving COVID-19 situation. read more >

Ben Burris Feels Financial Crunch

Ben Burris Feels Financial Crunch

WhispersHealth CareLegal

Dr. Ben Burris, the former Fayetteville orthodontist who is charged with bribing former state Sen. Jeremy Hutchinson, is seeking court approval to transfer his two Florida homes to his wife. read more >

Labscoop of Little Rock Sells COVID-19 Supplies

Labscoop of Little Rock Sells COVID-19 Supplies

Health CareTechnology & Telecom

Labscoop — an online marketplace like Amazon, but for research, clinical and industrial labs in many industries — has been “hyper-focused” on helping hospitals and other organizations procure laboratory supplies they need to fight the spread of COVID-19. read more >

Job Losses, Pandemic Hit Hardest in Leisure, Hospitality

Job Losses, Pandemic Hit Hardest in Leisure, Hospitality

Banking & FinanceHealth CareLegalRestaurants & FoodTechnology & TelecomTransportation

The coronavirus pandemic has devastated the U.S. labor market. The unemployment rate in the United States soared to 14.7% in April, the highest since shortly after World War II. read more >

UAMS Gets $101M Shot in the Arm From Fed

UAMS Gets $101M Shot in the Arm From Fed

WhispersHealth Care

The University of Arkansas for Medical Sciences received an emergency advance of $101 million from the Centers for Medicare & Medicaid Services to help stop the bleeding of cash caused by the global coronavirus pandemic. read more >