Capital Bank Brings On New Leadership
Chris Roberts is chairman and CEO at at Capital Bank in west Little Rock effective last month. Joining him this month as vice chairman and president is Phillip Jett.
View ArticleAbaca Prepares to Bank Marijuana Businesses, Customers
A Little Rock company that originally planned to offer medical marijuana consumers a cashless method for filling their prescriptions has broadened its scope to include financing for marijuana-related...
View ArticleNeed Cannabis Marketing? Perhaps This Bud’s for You
Elizabeth Michael has teamed up with Martin Thoma of Thoma Thoma to create Bud Agency, the marketing and PR firm devoted to the new medical marijuana industry.
View ArticleCardinal Health Project Attracts $7M Transaction (Real Deals)
Cardinal Sherwood LLC of Marina Del Rey, California, bought the 71,005-SF office building at 5426 Landers Road in Sherwood.
View ArticleState Unemployment Unchanged at 3.7 Percent, Due to Revision
Arkansas' unemployment rate was 3.7 percent in January and unchanged from the previous month because December’s rate was revised up, to 3.7 percent from 3.6 percent.
View ArticleUnclaimed Assets Bill, Now Headed to Governor, No 'Cash Grab,' Auditors Say
A bill passed by the Legislature this week addresses the management of unclaimed assets taken by the state, but supporters say the proposal does not amount to the kind of revenue grab described by...
View ArticleStock Awards Push Simmons CEO's Total Pay to $4.6M
Simmons First National Corp. Chairman and CEO George Makris Jr. saw his total compensation double in 2018, to $4.6 million from $2.3 million in 2017, according to the company’s proxy statement filed...
View ArticleJohnny Allison: Scenes From A Life in Business, Banking
Home BancShares Inc. Chairman Johnny Allison shares anecdotes from a life in business and banking during a meeting of the Conway Area Chamber of Commerce.
View ArticleArkansas Ranks Low in Economic Clout of Women-Owned Businesses
Arkansas ranks in the bottom 11 states in terms of the “economic clout” of women-owned businesses, according to the 2018 State of Women-Owned Businesses Report commissioned by American Express. (Eleven...
View ArticlePremier Medical Plaza Construction Proceeds Despite Loan Hiccup
Construction on the $35 million Premier Medical Plaza was halted for about two weeks because the construction loan didn’t close as expected.
View ArticleRoche, Vanhoozer Named Arvest Private Bakers (NEA Movers & Shakers)
Teresa Roche and Deania Vanhoozer are new private bankers for Arvest Bank in Jonesboro. Ryan Kimbrough has been hired to direct client relations at Baugh Financial.
View ArticleChina’s Opportunity Zones Thrived. Arkansas' Can Too. (Lisa Ferrell Commentary)
We need to be investing in opportunity zones — in Arkansas and across the country — and we need to be doing it now.
View ArticleFIS Spends $35B on Worldpay as Digital Payments Surge
Fidelity National Information Services is buying Worldpay for about $35 billion with financial transactions increasingly moving online.
View ArticleSurvey: Top CEOs Report Weaker Economic Outlook for 1Q
Top U.S. CEOs are reporting that their economic outlook weakened in the first three months of the year although it remains above its historical average.
View ArticleFederal Reserve Signals No Rate Hike in 2019
The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases.
View ArticleArkansas Unemployment Rises to 3.8 Percent in February
Arkansas' unemployment rate in February was 3.8 percent, up one-tenth of a percentage point from the previous month.
View ArticleUS Existing-Home Sales Jumped 11.8 Percent in February
U.S. home sales soared 11.8 percent in February, aided by accelerating wages and falling mortgage rates that are improving affordability.
View ArticlePulaski County's Most Expensive Home Sales of 2018
Last year, 29 homes sold for $1 million or more, down from the 33 homes purchased in 2017, which was the highest number since Arkansas Business began tracking them in 2004.
View ArticleNorthwest Arkansas' Most-Expensive Home Sales of 2018
Fayetteville showed strength in the expensive home competition in 2018, but Benton County still rules the northwest Arkansas roost.
View ArticleMentor Helped Pull Strings for Builder Richard Harp
Richard Harp of Richard Harp Homes says over-communication is a key to his custom-building success.
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