The value of health care-related projects under construction in Arkansas this fall is nearly 70% greater than it was a year ago.
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Jonesboro Tower Tops List as Health Care Projects Rise
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Olympus Apartments Draw $25.5M Transaction (Real Deals)
Affiliates of B&M Management Co. of Montgomery, Alabama, purchased the Olympus Chenal Valley project at 16401 Chenal Valley Drive.
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Smithson Named SVP at Bank OZK (Movers & Shakers)
Diana Smithson has been hired as senior vice president/commercial lender for Bank OZK. She’ll be based at the Little Rock headquarters office on Chenal Parkway and Rahling Road.
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Accreditation of Arkansas Tech Business School Ongoing
Arkansas Tech University in Russellville expects to hear its accreditation status for its College of Business from the Association to Advance Collegiate Schools of Business International sometime early next year.
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Business Economists See US Slowing But Avoiding Recession
The nation’s business economists expect U.S. economic growth to decelerate this year and next but for the economy to avoid stumbling into recession, extending a record-breaking expansion already in its 11th year.
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US Federal Reserve Could Signal No Rate Hike Through 2020
The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market.
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Fed Leaves Low Rates Alone, Foresees No Moves in 2020
The Federal Reserve left its benchmark interest rate alone Wednesday and signaled that it expects to keep low rates unchanged through next year.
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Bank OZK to Build $6M Solar Plant; Scenic Hill Is Building
Bank OZK of Little Rock will build a $6 million solar plant, what it calls the largest renewable energy investment by any Arkansas-based financial services company.
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Trump Says US, China Have Reached Deal; Sunday Tariffs Off
President Donald Trump said Friday that the U.S. has canceled plans to impose new tariffs on $160 billion worth of Chinese imports Sunday as part of a modest interim agreement that de-escalates a 17-month trade war between the world's two biggest economies.
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The Ridge Attracts $45.5M Sale (Real Deals)
An affiliate of Covenant Capital Corp. of Nashville, Tennessee, bought 312-unit apartment project in west Little Rock.
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Solar Projects on a Roll With PSC Ruling in Offing
Carlisle farmer Don Kittler looked out at his 18-acre field east of Lonoke, beaming at row after row soaking up the sun. But these weren’t the usual rows of corn, soybeans and rice he farms on 10,000 acres of in Lonoke and Prairie counties. Instead, they were 8,455 photovoltaic panels in neat array, expected to provide 90% of the electricity needed by Kittler Farms, which had an electric bill north of $400,000 last year.
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Schwyhart Creditor Follows the Money
Brian Ferguson pursues claim on assets allegedly hidden by Bill Schwyhart in a once secret settlement.
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Executive Academy Offers Next Step on Path to Leadership
Applications are being accepted for the 2020 Arkansas Business Executive Leadership Academy, which includes sessions with Curtis Barnett, Ed Choate, Amy Fecher, Terry Mohajir and Darrin Williams.
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Cara James to Become Chief Risk Officer at Arvest Bank
Arvest Bank of Bentonville says Cara James has been promoted to chief risk officer, effective Jan. 1.
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Farmers Bank & Trust Opens New Branch in Magnolia
Farmers Bank & Trust has opened a new location in Magnolia, at 1606 Hollensworth St.
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Encore Bank Adds 2 to Team
Encore Bank announced this week the hiring of Patrick Woodruff and Hunter Norton as senior vice presidents and commercial bankers.
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US Home Sales Tumbled 1.7% in November
Home-buying slumped in November, with some Americans priced out of the market by rising prices or constrained by a shortage of sales listings.
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State Unemployment Rises to 3.6% in November
Arkansas' unemployment rate was 3.6 percent in November, up from 3.5 percent in October, the Arkansas Division of Workforce Services reported Friday.
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Arkansas Business Reader's Choice Best of Biz 2019 (Advertising Section)
The winners and finalists appearing here were chosen not by a group of panelists around a conference table, but by the thousands of busy employees, employers, executives, movers and shakers whose work leads them to use the companies and services listed.
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North Little Rock Mini-Storage Sale Surpasses $4.8M (Real Deals)
Arkansas Storage Centers VII LLC, led by Stuart Finley, bought Scott Storage at 8007 Counts Massie Road.
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