There’s a new kind of accelerator now, 10X Cyber Accelerator, that accepts only Arkansas companies with annual revenue of between $100,000 and $10 million.
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Attention Arkansas Startups, 10X Cyber Is Only for You
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Duke Replaces Duke at Capital Bank
There’s a new face in the president’s office at Capital Bank of Little Rock. Actually, it’s pretty much like the previous face.
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First Security Fights 'Warehouse Sale' of Lauren James
The Searcy bank, which has sued Lauren James Enterprises Inc. of Fayetteville over a defaulted $338,720 loan, has asked a Washington County Circuit judge to prevent Lauren James from holding its warehouse sale scheduled for Saturday and Sunday.
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Johnny Allison, Rotary Leader of the Year, Never Dreamed of Being One
Lessons of hard work and money management stuck John Allison, who shared some of those lessons at Tuesday's Rotary Club of Little Rock luncheon, where he was honored as the club's 2018 Business and Professional Leader of the Year.
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West Little Rock E-Z Mart Rings Up $1.4 Million Sale (Real Deals)
An affiliate of New York’s Getty Realty Corp. bought the 11911 Mara Lynn Drive project from E-Z Mart Stores Inc., led by Sonja Hubbard.
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Tom Mays Promoted at Bank of the Ozarks (Movers & Shakers)
Tom Mays has been promoted to south Arkansas division president of the Bank of the Ozarks in Little Rock.
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No Auction in Golden Bankruptcy; FDIC Judgment Gone
As it stands now, there will be no auction of assets owned by fallen banker Lex Golden and his wife, Ellen.
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Regions Center Owners Sue Over $32M Default
The owners of the Regions Center say they were thwarted in their efforts to refinance a $32 million loan.
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US New-Home Sales Climbed 6.7 Percent in May
Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains.
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Arvest Bank Announces Promotion of Mike Willard
Arvest Bank has promoted Mike Willard to president and CEO of the bank’s north central Arkansas and West Plains, Missouri, region, effective July 1.
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US Pending Home Sales Fell 0.5 Percent in May
Fewer Americans signed contracts to purchase homes in May, as sales are being stifled by a shortage of properties on the market.
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US GDP Revised Down to Lackluster 2 Percent Rate in 1Q
U.S. economic growth in the first quarter was revised down to a lackluster 2 percent — a sharp deceleration and the poorest showing in a year.
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Three Things To Watch For From The Federal Reserve On Wednesday
No one will likely be surprised by the announcement the Fed is set to make when its latest policy meeting ends Wednesday: That it's raising its key short-term interest rate for the second time this year.
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Fed Raises Key Rate, See Possible Acceleration in Hikes
The Federal Reserve has raised its benchmark interest rate for the second time this year and signaled that it may step up its pace of rate increases because of solid U.S. economic growth and rising inflation.
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Fed Sets Limits on Biggest Banks' Loans to Each Other
The Federal Reserve has set limits aimed at addressing one of the leading causes of the 2008 financial crisis — the buildup of loans extended by one bank to another among the biggest Wall Street institutions.
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US Long-Term Mortgage Rates Jump; 30-Year at 4.62 Percent
Long-term U.S. mortgage rates jumped this week after two straight weeks of declines, reaching their second-highest level this year.
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Creating Liquidity for Shareholders (Robert T. Smith Commentary)
Attorney Robert T. Smith discusses common alternatives used by privately held banks as well as nonfinancial companies to create liquidity for shareholders.
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FBT Bank & Mortgage Hires Three in Jefferson County (Movers & Shakers)
Joni Alexander, Ricky Ferguson and Shannon Robinson have been hired to serve two Jefferson County FBT Bank & Mortgage locations.
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Doggett NLR Purchase Closes at $12.8 Million (Real Deals)
Doggett Properties Arkansas LR LLC, an affiliate of Leslie Doggett Industries of Houston, Texas, acquired the 87,531-SF Truck Centers of Arkansas complex at 11700 Valentine Road.
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Springdale Hopes to Maintain New Momentum Downtown
Springdale hopes to build on recent efforts to reinvigorate its downtown.
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