Congress, Trump in Tentative Deal on $500B Virus Relief Bill
Congress reaches a tentative agreement with President Trump on a nearly $500 billion coronavirus relief bill that would replenish a small business rescue program.
View ArticleMovista CEO Stan Zylowski to Host Executive Leadership Academy Reception
Movista co-founder and CEO Stan Zylowski is scheduled as the featured speaker for the Arkansas Business Executive Leadership Academy opening reception on Aug. 20 in Bentonville.
View ArticleEncore Leasing WLR Space for New Headquarters
Encore Bank of Little Rock, which has operations in northwest Arkansas and Jonesboro, will lease 16,000 SF at 1801 Rahling Road in west Little Rock for its new headquarters and a branch.
View ArticleBank OZK 1Q Profit Falls Amid Virus, CECL Effects
Bank OZK of Little Rock reports first-quarter net income of $11.9 million, down 89% from $110.7 million it reported in the same quarter last year, as the effects of COVID-19 and new accounting methods...
View ArticleLaborde, Russell and Williams Join Abaca (Movers & Shakers)
Vince Laborde, Sean Russell and Mara Williams are new members of Abaca, a cannabis financial technology firm based in North Little Rock.
View ArticleAttorneys’ Fees Total $94,000 in Heartland Case
Attorneys Kelly McNulty and Aaron Heffington of Gill Ragon Owen of Little Rock represented CTHC Holdings LLC, led by Richard “Rick” Williams of Hot Springs.
View ArticleBuffalo Brewer Goes Bankrupt
Nolen Buffalo of Little Rock has filed for Chapter 7 bankruptcy liquidation, listing assets of $107,000 and debts of $327,000.
View ArticleArkansas Ranks 48th in Working From Home
Arkansas ranks 48th among the 50 states and the District of Columbia in terms of how easy it is to work from home, now that the coronavirus pandemic has forced many workers into that arrangement.
View ArticleIzard County Medical May Be Put on Market
The Chapter 11 trustee for Izard County Medical Center LLC is “exploring a sale” of the 25-bed hospital in Calico Rock, according to a bankruptcy filing last month.
View ArticleCalifornia Company Pays $15.9M for Mercy Facilities (NWA Real Deals)
Montecito Medical Real Estate of Corona, California, paid $15.9 million for two adjoining Mercy Health of Northwest Arkansas facilities in Rogers.
View ArticleSurvey: Business Economists' Outlook Darkens Since Virus Hit
A survey of U.S. business economists in mid-April found that one-third of their companies had shut down at least some of their operations, and two-thirds had laid off or furloughed workers or cut their...
View ArticleArkansas Business Seeks Nominations for '20 In Their 20s'
Arkansas Business is accepting nominations for its annual "20 In Their 20s" class of young professionals who are making a difference in their companies, organizations and communities.
View ArticleSmall Business Loan Program Restarts, Runs Into Snags
The second round of loan applications for the government's small business relief program has been slowed by computer issues at the Small Business Administration.
View ArticleOverload of SBA System Predictable, Arkansas Bankers Say
The technical difficulties that plagued the U.S. Small Business Administration's loan application system was no surprise, two Arkansas bank executives said Tuesday.
View ArticleUS Economy Shrank at 4.8% Rate Last Quarter As Virus Struck
The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.
View ArticleSBA: Small Businesses Move to Head of Loan Application Line
The smallest companies seeking relief loans were moving to the head of the line as the SBA said that for eight hours ending at midnight Eastern time it would accept loans only from small lenders.
View ArticleFed Signals It Will Likely Hold Rates Near Zero for Months
The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster an economy that is sinking...
View Article30M Have Sought US Unemployment Aid Since Virus Hit
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
View ArticleHealth Care and Cybersecurity During A Pandemic (Michael Sullivan Commentary)
Now is a good time to take a step back and look at cybersecurity for your clinic or business. Because, unfortunately, with this new reality comes new threats.
View ArticleFed Expands Main Street Lending Program for Businesses
The Federal Reserve says it is expanding a major lending program to provide support for businesses struggling to cope with the economic disruptions caused by the coronavirus pandemic.
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