Banned Ex-Banker Hid Cash From Creditors, Bank Alleges
A former Arkansas banker who received a lifetime ban from the banking industry has been accused of hiding income to avoid paying creditors.
View ArticleUS New-Home Sales Fell 7.8% in May
Sales of new U.S. homes slumped 7.8% in May, as sales plunged in the pricier Northeastern and Western markets.
View ArticleJason Hornsby Joins Stone Bank (Movers & Shakers)
Jason Hornsby has been hired by Stone Bank to be the head of the bank’s home loan division in Little Rock.
View ArticleAcreage Adjoining Alotian Club Purchased in $19.8M Sale (Real Deals)
An investor group, through Legacy Land & Timber LLC, purchased the 1,787-acre tract that wraps around the western and southern perimeter of the Alotian Golf Club.
View ArticleNanoMech Investors Pursue Claims of Self-Dealing, More
Accusations of corporate mismanagement against the former CEO of NanoMech, Jim Phillips, have intensified into allegations of self-dealing and securities fraud.
View ArticleAirways Frieght Sues OZK over Wisconsin Asset Freeze
Airways Freight Corp. of Fayetteville filed for an injunction against Bank OZK after the bank put a hold on its account.
View ArticleCollision Victim Says Walmart Exec Hiding Assets
A Tulsa man who was hit by a car while walking in a Bentonville crosswalk alleged the driver is hiding assets to avoid paying him a $350,000 judgment.
View ArticleGusano's Owner Sued Over Unpaid Loans
It looks like legal problems are on the menu for Tim Chappell, owner of Gusano’s Chicago-Style Pizzeria.
View ArticleUS Construction Spending Falls 0.8% in May
Spending on U.S. construction projects fell in May, the first drop in six months, as home building fell for a fifth straight month.
View ArticleWhere People Found Jobs: Business Services and Health Care
Job growth strengthened in nearly all major industry sectors in June, with notable jumps in government, business services, education and health.
View ArticleSnyder Takes Chair at UCA College of Business (Movers & Shakers)
Tom Snyder was named chair of the Department of Economics, Finance & Insurance & Risk Management in the College of Business at the University of Central Arkansas in Conway.
View ArticleArkansas Business to Honor 2019's 'Best Places to Work'
Arkansas Business will honor more than 40 companies designated among this year's "Best Places to Work" during an awards luncheon in September.
View ArticlePowell Signals That Rate Cut Could Be Coming Soon
Chairman Jerome Powell signals that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening global economy and rising trade tensions.
View ArticlePowell Sends Further Signals of Future Rate Cuts
Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what...
View ArticleUS Long-Term Mortgage Rates Little Changed
U.S. long-term mortgage rates were mostly unchanged this week amid signals from the Federal Reserve that it is preparing to cut interest rates soon.
View ArticleStone Bank Promotes Cara Lank, Latrecia Branch
Cara Lank, senior vice president and credit officer at Stone Bank, has been promoted to chief credit officer, and Latrecia Branch has been promoted to senior vice president and operations manager.
View ArticleMichael Hoggard Moves Up at Citizens Bank (Movers & Shakers)
Michael Hoggard has been promoted to vice president-controller and information security officer of Citizens Bank in Batesville. Sandy Starnes has also been promoted, to director of marketing.
View ArticleTelcoe's Sarah Mosley Gives Cooperatives Credit Where Due
Sarah Mosley, the president and CEO of Telcoe Federal Credit Union in Little Rock, says credit unions’ focus is on the local community.
View ArticleFirst Financial Expands Its Capital
El Dorado’s First Financial Banc Corp. recently launched a $25 million capital raise, an 18.5% boost to its current equity capital of $134.6 million.
View ArticleChambers' River Town Transaction Tops $17M
The $17 million cash deal for the parent company of Dardanelle’s River Town Bank is expected to close by the end of July.
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