Secret Schwyhart Settlement Unveiled
Litigation involving a small fleet of corporate jets loaded with debt evaporated on Oct. 23, 2013. For Bill Schwyhart, the settlement with billionaire John Calamos marked an epic payday of several...
View ArticleGender Equality Award to Debut at Arkansas Business of the Year
Twelve companies whose executives volunteered to test their own corporate practices against a new “Gender Equity Scorecard” developed by the Women’s Foundation of Arkansas and the Clinton School of...
View ArticlePresenting the 31st Annual Arkansas Business of the Year Awards
Arkansas Business honors the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards.
View ArticleLawsuit Alleges Banker Accepted Illicit Photos to Cover Customer's Debt
An Arkansas County woman alleges that illicit photos and videos of her were used by an ex-boyfriend to cover his debts at Arkansas County Bank.
View ArticleStone Bancshares Buys Parent Company of DeWitt Bank & Trust
Stone Bancshares Inc. is buying DBT Financial Corp., parent company of the $94 million-asset DeWitt Bank & Trust. Financial terms weren't announced.
View ArticleFed's Powell Predicts Solid But Slower Growth in 2019
Federal Reserve Chairman Jerome Powell says the U.S. economy should keep expanding at a solid, though somewhat slower pace this year. But he warns of growing risks, including a global slowdown,...
View ArticleUS Housing Starts Plummeted 11 Percent in December
The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year.
View ArticleUS Pending Home Sales Rebounded 4.6 Percent in January
More Americans signed contracts to buy homes in January as lower mortgage rates appeared to give the real estate market a boost.
View ArticleFarm Loan Delinquencies Highest in 9 Years As Prices Slump
The nation's farmers are struggling to pay back loans after years of low crop prices and export markets hit by President Donald Trump's tariffs, with a key government program showing the highest...
View ArticleUS Economic Growth Slows to 2.6 Percent Rate in 4Q
The U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018, as the government shutdown and other factors took a...
View ArticleIt’s Tax Time, but Not for Credit Unions (Lorrie Trogden Feedback)
In 2017, Arkansas banks paid $503,016,000 in taxes, which contributed to education, law enforcement, hospitals and responses to disasters. Credit unions paid $0.
View ArticleHow to Grow Your Tax Dollars II (Larry Wilson Feedback)
Your state’s tax dollars are less than they should be. How is that? One simple reason is that, for years, our state Legislature has exempted credit unions from paying income taxes.
View ArticleResidence Inn Marriott Hosts $20.3M Sale (Real Deals)
An affiliate of Noble Investment Group of Atlanta acquired the 107-room Residence Inn Marriott at 219 River Market Ave. from an affiliate of Starwood Capital of Greenwich, Connecticut.
View ArticleLet’s You and Him Fight (Gwen Moritz Editor's Note)
While I love banks and bankers, I confess to enjoying how irritated they get when the subject is credit unions.
View ArticleInvestor Angst Boils at NanoMech
If Jim Phillips had a New Year’s resolution to get NanoMech’s financial house in order during 2019, that aspiration didn’t survive the first day.
View ArticleSkyline Report: More Permits Issued, Home Prices Continue to Rise
More building permits were issued in northwest Arkansas last year than have been issued any year since 2006, according to the latest Arvest Bank Skyline Report. At the same time, the average price for...
View ArticleUS New-Home Sales Rose 3.7 Percent in December
Sales of new U.S. homes climbed in December to their highest pace in seven months, a sign that lower mortgage rates are helping the real estate market.
View ArticleTommy May Gets 1st 'Legacy of Leadership' Honor; Garver, Blakenship Win...
Dan Williams of Garver and Lynn Blakenship of Cooperative Christian Ministries and Clinic won executive of the year awards, and former Simmons First National Corp. CEO J. Thomas "Tommy" May was honored...
View ArticleLyon College Receives $1M Gift
Lyon College in Batesville has received a $1 million gift from the John W. Edwards trust — the largest-ever gift for the college from a Batesville resident.
View ArticleSouthern Bancorp Selects Community Relations Leaders (Movers & Shakers)
LaRay White and Brooke Beck have been promoted to community relations leaders for Southern Bancorp in Little Rock. White will be representing Blytheville and Beck will be serving Arkadelphia in their...
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