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Dixon Moves to Bank OZK as SVP (Movers & Shakers)

Jeff Dixon has been hired as the senior vice president and employee benefits manager at Bank OZK in Little Rock.

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US Pending Home Sales See Record-Breaking Rebound in May

The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelined both...

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Billions of Dollars in Aid for Small Businesses Go Unclaimed

Billions of dollars offered by Congress as a lifeline to small businesses struggling to survive the pandemic are about to be left on the table when a key government program stops accepting applications...

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Powell Says US Economy Facing Heightened Uncertainty

Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country’s ability to...

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FIS Selects 10 Startups for 2020 Fintech Accelerator Program

FIS of Jacksonville, Florida, and The Venture Center of Little Rock announces the 10 companies selected to participate in the 2020 FIS Fintech Accelerator program, which will take place completely online.

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US Home Prices Increase 4% in April

U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values.

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Vanhoozer Promoted, Barber Hired at Arvest (Movers & Shakers)

Deania Vanhoozer and Selena Barber will take on new roles at Arvest Bank in Jonesboro.

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Trustee Sues Alliance’s Officers for $7.3M

Officials of a bankrupt Arkadelphia insurance agency ignored red flags indicating owner Berry Bishop was committing bank fraud, according to a trustee suing to recover $7.3 million.

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That Rainy-Day Fund (Gwen Moritz Editor's Note)

Who doesn’t have two months of income in ready cash? Most Americans. Even some of you who read Arkansas Business.

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Bank OZK, Dallas Bank Provide $53K in Affordable Housing Grants

Bank OZK and the Federal Home Loan Bank of Dallas provided more than $53,000 in Partnership Grant Program grants to two Arkansas nonprofits that are involved in providing affordable housing to...

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List: Paycheck Protection Program Aid Went Beyond Hard-Hit Companies

The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money through a federal program that was designed to soften job losses from the...

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Arkansas Entities Get $3.3B in Paycheck Protection Aid

Companies and nonprofits in Arkansas received a combined $3.3 billion in loans through the federal Paycheck Protection Program, the U.S. Treasury Department says.

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What Mask Orders Mean for Businesses (Justin Allen Commentary)

As the mask debate rages in the midst of COVID-19, here's a quick look at what two city orders around masks do — and don't do — and what Arkansas businesses should know about them.

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CI Financial Closes on Investment in Cabana

CI Financial Corp. of Toronto has completed its acquisition of stakes in two investment advisor firms: Congress Wealth Management LLC of Boston and The Cabana Group LLC of Fayetteville.

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Alleged Schwyhart Bankruptcy Fraud Draws Scrutiny

The June 22-24 bankruptcy fraud trial of Bill and Carolyn Schwyhart in Dallas is expected to produce a ruling from Bankruptcy Judge Harlin Hale during the next few days.

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6 Promoted at Landmark PLC (Movers & Shakers)

Michael Pierce, Nathan Poston and Greg Walker are among the six people who have been named members and directors at Landmark PLC in Little Rock.

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Systemic Racism, Your Business (Stephanie Jackson Commentary)

When the United States forced the end of slavery, it intentionally reconstructed a country that held fast to the ideals of Blacks being less than equal. It instituted codes, polices and laws that kept...

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Wilmington Apartments Hosts $8M Transaction (Real Deals)

An affiliate of RREAF Holdings of Dallas bought the 120-unit apartment complex at 617 Donovan Briley Blvd. in North Little Rock.

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Bankers Decry $22.4M Award in Fax Case

A $22.4 million judgment against Wells Fargo Bank tied to a case over unwanted faxes wasn’t based in reality, according to bankers’ associations.

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Fintech Firm Changes Name, Targets Spreadsheet Errors

Two weeks ago, Cobbler Technologies Inc. of Little Rock was listed as one of the 10 companies participating in this year’s online FIS Fintech Accelerator program, and it’s already changed its name.

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