'Tough Luck' Farmer Pleads Guilty to Stealing $17M
A Louisiana farmer pleaded guilty last month to stealing nearly $17 million by making a series of fraudulent loans and advances from a list of victims.
View ArticleQuartet of WLR Apartments Sold for Combined $56.5M
The sale of four west Little Rock apartment developments starts this week’s procession of million-dollar real estate transactions, followed by a Searcy hotel and three Sherwood properties.
View ArticleBryan Scoggins to Lead Arkansas Development Finance Authority
Bryan Scoggins has been named president of the Arkansas Development Finance Authority, effective immediately.
View ArticleArkansas Unemployment Drops to 3.4%, A Record Low
Arkansas' unemployment rate dropped by one-tenth of a percentage point in July, to 3.4% from 3.5% in June.
View ArticleArmor Bank Names New Market President in Jonesboro (Movers & Shakers)
Brock Fletcher has been hired by Armor Bank of Forrest City as president of its new Jonesboro market, and Bryan Wagner has been hired as senior vice president of commercial lending and business...
View ArticleTandem Apartment Sales Combine for $56.5M (Real Deals)
Affiliates of B&M Management Co. of Montgomery, Alabama, bought the Stonebridge and Carrington Park apartment projects from affiliates of Philadelphia’s Independence Realty Trust.
View ArticleNot a Good Look (Editorial)
It takes some doing to make Wells Fargo look like a sympathetic victim, but the legal community in Pope County has managed it.
View ArticleWhat, Me Worry? (Gwen Moritz Editor's Note)
In every case, risk itself is compounded by incompetent, uninterested management.
View ArticleHidden Search of Schwyhart Assets Probes Attorney Files
The search for nearly $3.2 million from a once-secret 2013 settlement and possession of a grand home valued at $1.9 million by the Benton County assessor remain at center stage in the bankruptcy of...
View ArticleWestern Financial Was Allowed to Leave Case Early
Before WestFax Inc. was hit last year with a $21.1 million class-action judgment in Arkansas involving unwanted faxes, the client company that made the fax solicitation was allowed to exit the case by...
View ArticleArkansas Fax Avengers Target Wells Fargo for $22M
Financial giant Wells Fargo is the latest company snared in a multimillion-dollar legal strategy honed in Arkansas: filing class-action suits over unwanted faxes.
View ArticleNABE Survey: 34% of Economists Expect Recession in 2021
A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.
View ArticleArkansas Business Announces CFO Finalists, Tickets Info
Arkansas Business' 2019 CFO of the Year finalists and Lifetime Achievement Award winners will be recognized at a luncheon on Thursday, Nov. 7, at the Embassy Suites in Little Rock.
View ArticleUS Home Sales Rose 2.5% in July, Aided by Low Mortgage Rates
U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying.
View ArticleSheridan Company Goes With the Grain As Golf Course Sand Supplier
Family-owned Hayden Group Inc. of Sheridan produces sand tailor-made for use in golf course bunkers around the nation, including The Alotian Club in Arkansas.
View ArticleWalmart Adds Two to Global Governance Staff
Walmart announced Thursday the addition of Emma Waddell and Joe Rodriguez to its Global Governance division.
View ArticleUS New Home Sales Slid 12.8% in July
Sales of new U.S. homes fell a steep 12.8% in July, but the drop came after revisions to June sales showed the sales highest growth in 12 years.
View ArticleDespite Fast Growth, Nelson Peacock Notes Ample Room for More Talent in NWA
Nelson Peacock, president and CEO of the Northwest Arkansas Council, says the area’s greatest need is talented workers to fill 10,000 jobs.
View ArticleFayetteville Retirement Home Sells for $18M (NWA Real Deals)
A Virginia investment firm bought the Brookstone Assisted Living Facility in Fayetteville for $18 million.
View ArticleRecession Forecasts: Business Economists Split on Timing
Seventy-two percent of U.S. business economists surveyed predict a recession next year or in 2021, with 38% forecasting a downturn in 2020, and 34% putting it in 2021.
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