Tagged: Coronavirus Aid Relief & Economic Security Act (cares)

This Will Not End Well (Gwen Moritz Editor's Note)

This Will Not End Well (Gwen Moritz Editor's Note)

OpinionBanking & FinanceHealth CareLegalRestaurants & FoodEditor's Note

The number of COVID deaths in our country has already topped 200,000 (roughly the population of Little Rock). But there are millions upon millions of other casualties: More than 61 million unemployment claims had been filed between March and mid-September. read more >

Jebaraj Gives Passing Grade to CARES Act

Jebaraj Gives Passing Grade to CARES Act

WhispersBanking & FinanceHealth Care

Mervin Jebaraj works at the University of Arkansas’ Walton College of Business so it is apropos that he has a grade for the federal response to the COVID-19 pandemic. read more >

Pandemic Collateral Damage? Small Firms

Pandemic Collateral Damage? Small Firms

Health CareCover Story

The COVID-19 pandemic has delivered a wallop to the country’s economy, but experts interviewed by Arkansas Business don’t expect too much lasting damage. There is a caveat, of course. read more >

Arkansas Unemployment Fund Stable, but Worrisome

Arkansas Unemployment Fund Stable, but Worrisome

Banking & FinanceCover Story

The state’s unemployment fund was in the best of shape before the pandemic and is still healthy, but politicians and community leaders are worried it will be depleted by early 2021 if the economy does not bounce back as expected. 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 >

Denial of PPP Loan Makes Matters Worse for Dancor Transit

Denial of PPP Loan Makes Matters Worse for Dancor Transit

Banking & FinanceLegalTransportation

Dan Bearden thought that getting a COVID-19 relief loan would be just the lifeline Dancor Transit needed to survive bankruptcy reorganization. But the U.S. Small Business Administration denied the PPP application because the company is in Chapter 11 bankruptcy. read more >

Empty Arkansas Airports ‘Eerie’

Empty Arkansas Airports ‘Eerie’

Restaurants & FoodTransportation

The COVID-19 pandemic has caused air travel to plunge, and Arkansas’ two major airports have not been immune. XNA, in Highfill, has seen a passenger reduction of about 96%, and Little Rock’s Bill & Hillary Clinton National Airport has been hit with a 95% decrease. read more >

Private Jets Idle, North Little Rock Delays Airport Fix

Private Jets Idle, North Little Rock Delays Airport Fix

Health CareTransportationCover Story

North Little Rock Mayor Joe Smith is halting work on North Little Rock’s $3 million airport expansion as the coronavirus pandemic pushes the private aviation industry into a revenue tailspin. The mayor planned a new 5,900-SF FBO building and a 10,400-SF corporate hangar. read more >

Staying Alive: Restaurateurs Trim & Retool

Staying Alive: Restaurateurs Trim & Retool

Restaurants & Food

The coronavirus pandemic is hitting most business sectors hard, but few have been hit harder than the restaurant industry. A disease best fought by isolating people is antithetical to a business model based on breaking bread together. read more >