Uncategorized
No Daily Report, E-Newsletters on Labor Day
Weekly e-newsletters scheduled for Monday will be sent later in the week.
Average Long-Term US Mortgage Rate Rises to 6.77%, Highest in 10 Weeks
The average rate on a 30-year mortgage rose to 6.77% from 6.64% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. read more >
Fuel Accelerator Announces First Cybersecurity Cohort
Selected companies will showcase their expertise in safeguarding sensitive data, network security, AI-driven cybersecurity tools and more. read more >
Tammy Jones Named Chief Nursing Officer for UAMS Health
She's the former senior director of the UAMS Health Center for Nursing Excellence. read more >
LaDonna Johnston Named Interim CEO of Unity Health
She assumes the leadership role formerly held by Mark Amox, who joined Unity in November 2022. read more >
Arcane Capital Acquisitions Top $100M
The Little Rock investment firm purchased two companies in deals aimed at consolidating its plastics manufacturing operations. read more >
George Friedmann Named Partner at Moses Tucker
Friedmann joined Moses Tucker in 2017 and brought an "innovative, analytical and forward-thinking mindset," to the the commercial real brokerage and management firm. read more >
California-Based Round Table Pizza Plans Expansion to Arkansas
The chain's parent company, publicly traded FAT Brands Inc. of Los Angeles, said it has a deal to bring six franchise locations Arkansas over the next six years. read more >
Biden Withholds $2M From Student Loan Servicers After Companies Bungled Billing Statements
The Education Department said Friday it will withhold payments from Aidvantage, EdFinancial and Nelnet for failing to meet their contractual obligations. The servicers failed to send timely statements to more than 750,000 borrowers in the first month of repayment, the agency said. read more >
by Associated Press -
US Companies are Picky About Investing in China. The Exceptions? Burgers and Lattes
American fast-food chains have decided a market of 1.4 billion people is simply too delicious to pass up. read more >
by Associated Press -
Kelly Eichler to Leave Sanders Administration
Eichler, who was a policy director for former Gov. Asa Hutchinson and a criminal justice adviser for former Gov. Mike Huckabee, is departing the Sanders administration for "new opportunities." read more >
Arkansas Board of Corrections Votes to Remove Secretary Joe Profiri, File Lawsuit
The Arkansas Board of Corrections voted Thursday to place Department of Corrections Secretary Joe Profiri on indefinite leave and file a lawsuit challenging new laws that made the secretary answerable […] read more >
by Mark Friedman -
Envirotech Holds Annual Shareholders Meeting After Challenging Year
Envirotech Vehicles Inc. of Osceola (Nasdaq: EVTV) on Wednesday wrapped up a bumpy year with its annual shareholders meeting, during which investors re-elected CEO Phillip Oldridge to a three-year term […] read more >
by Lara Farrar -
Dassault Plans $100M Expansion of Little Rock Facility
Aircraft manufacturer Dassault Falcon Jet on Tuesday announced a $100 million expansion of its Little Rock facility, a project expected to create 800 jobs over the next four to five […] read more >
by Scott Carroll -
NARMC in Harrison to Cut 3% of Workforce
North Arkansas Regional Medical Center of Harrison said Thursday that it will close some clinics, combine others and cut 3% of its workforce as it struggles with rising costs. The […] read more >
by Lance Turner -
The Buttered Biscuit Announces Expansion to Little Rock
Bentonville-based breakfast chain The Buttered Biscuit announced plans to expand to Little Rock with two new locations. The chain said it’s opening a location at the Promenade at Chenal in […] read more >
Flats at SoMa: VA Hospital-Turned-Housing Redevelopment Set to Open Summer 2024
Pace Burt’s 11-story Flats at SoMa is set to open this spring in the old Veterans Affairs Hospital in Little Rock. read more >
by George Waldon -
Dr. Soriano-Baron Named Co-director of Spine Services at UAMS (Movers & Shakers)
He serves as an assistant professor in the UAMS College of Medicine departments of neurosurgery and orthopedic surgery. read more >
Jason Allen Named Chief Commercial Officer at Arkansas Electric Cooperatives (Movers & Shakers)
He will provide executive direction to the member-owned cooperative’s utility sales and services division. read more >
Arkansas Hospitals Offer Fewer Places to Give Birth
Some hospitals are closing their obstetric units due to financial struggles, creating “maternity deserts” in Arkansas and beyond. read more >
by Mark Friedman -
JTS of Little Rock Announces 11 New Hires (Movers & Shakers)
The 11 new employees will join the employee benefits and human resources consulting firm based in Little Rock. read more >