Circle K Redevelopments Ring Up Combined $6.8M (Real Deals)
A pair of Circle K projects in west Little Rock and North Little Rock changed hands in tandem deals totaling more than $6.8 million.
View ArticleNanoMech Faces $1.5M Foreclosure
While the Chapter 11 bankruptcy of Springdale’s NanoMech Inc. concluded earlier this summer, the industrial lubricants manufacturer recently was served with a nearly $1.5 million foreclosure suit
View ArticleOn Loan Accommodations (Commentary)
As borrowers near the end of initial accommodation periods related to COVID-19, the FFIEC encourages financial institutions to consider arrangements that might mitigate adverse effects.
View ArticleUS Home Construction Surges 22.6%, 3rd Straight Increase
Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic.
View ArticleUS Home Sales Spike 24.7% in July, Another Record
U.S. home sales rose an unprecedented 24.7% in July, extending a rebound in June after the coronavirus pandemic all but froze the housing market this spring.
View ArticleArkansas Unemployment Drops to 7.1% in July
Arkansas' seasonally adjusted unemployment rate declined to 7.1% in July from 8.1% in June, the state Department of Workforce Services reported Friday.
View ArticleABA Joins Banking Associations, Others In Decrying Refinance Fee
The Arkansas Bankers Association is one of 51 state banking associations during the Federal Housing Finance Agency to rescind a 0.5% fee on refinance loans offered by Fannie Mae and Freddie Mac.
View ArticleStaton Takes on Commerical Loans at Relyance (Movers & Shakers)
Evan Staton has been hired as commercial loan director by Relyance Bank in Pine Bluff.
View ArticleGrowing the Porous Business (Jim Karrh On Marketing)
Business leaders across our state — and the U.S. — are now looking ahead to 2021. Has there ever been a time when strategies and forecasts have felt more tenuous?
View ArticleSouthern Bancorp On the Move
Arkadelphia’s Southern Bancorp Bank will be relocating its west Little Rock operations into leased space formerly occupied by the State Bank Department.
View ArticlePartners Bank Saddles Up for Springdale
The full-service branch in the works at 3632 Johnson Mill Blvd. in Springdale represents the first beyond the Delta for Partners Bank of Helena-West Helena.
View ArticleU.S. Bankruptcies on Pace to Hit 10-Year High
Bankruptcies in the United States are on track to hit their highest levels in 10 years as the coronavirus pandemic continues to quell economic activity and keeps many Americans from re-engaging fully...
View ArticlePine Bluff Gets a Sprucing Up
Led by the Saracen Casino Resort, which has a construction value of $215 million, Pine Bluff is seeing growth across the city unlike any in recent years.
View ArticleA-State, Companies Offer Employees Help With Furthering Their Education
Four companies have partnered with Arkansas State University to help their employees who want to earn credit hours toward a degree.
View ArticleDespite Pandemic, NW Arkansas Real Estate Remains Strong
The COVID-19 pandemic, whose effects began in March, hasn't slowed the northwest Arkansas real estate market.
View ArticleGet Tickets for Arkansas Business' Women's Leadership Summit in Jonesboro
Arkansas Business is holding its first Women's Leadership Summit Oct. 8 in Jonebsoro, and tickets to the virtual event are available now.
View ArticleUS Economy Plunged An Annualized 31.7% in 2Q
The U.S. economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the weight of the viral pandemic, the government estimated Thursday. It was the sharpest...
View ArticleFed: Rates to Stay Ultra-Low Even After Inflation Picks Up
The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded the Fed’s 2% target level.
View ArticleLevel the Field for Entrepreneurs of Color (Yee-Lin Lai Commentary)
Entrepreneurs of color are facing a skewed playing field. On average, minority households in the U.S. have significantly less wealth than white households, leaving them with less money to start a...
View ArticleReMix Dissolving Barriers for Black Entrepreneurs
ReMix Founder Benito Lubazibwa believes Black business ownership is a path to wealth creation and that increasing it will reduce the racial wealth gap that is quickly widening in the United States.
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