Quapaw House Officially Declared Insolvent
An attorney for Quapaw House Inc., the troubled Hot Springs drug and alcohol treatment provider, says its liabilities "exceed its assets and it is unable to pay its debts as they come due."
View ArticleSPONSORED: Woman-Run by Wright Lindsey Jennings Presents Lorrie Trogden
Lorrie Trogden was named president and CEO of the Arkansas Bankers Association in October 2018. She is the first woman to fill the role for the organization, which was established in 1891.
View ArticleFederal Reserve Sees Rates Near Zero at Least Through 2023
The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and drive down the unemployment rate.
View ArticleArkansas Unemployment Increases to 7.4% in August
Arkansas' seasonally adjusted unemployment rate increased to 7.4% in August from 7.1% in July, the state Department of Workforce Services reported Friday.
View ArticleAnderson Joins Southern Bank (Movers & Shakers)
Elizabeth Anderson has been hired as a commercial loan officer for Southern Bank in Cabot.
View ArticleEncore Bank to Migrate West
The main office of Little Rock’s Encore Bank is on the move. The $584 million-asset lender is relocating its headquarters to Suite 100 at 1801 Rahling Road in west Little Rock.
View ArticleRiverBank Goes Downtown with Pocahontas HQ
A once-dormant bank building in northeast Arkansas is seeing renewed life as a financial headquarters.
View ArticleOld-School Regions Bank Lobby Set to Close
The Regions Bank lobby at its namesake office building in downtown Little Rock is scheduled to go dark in six weeks.
View ArticlePulaski County Tax Payments to Be Accepted at Authorized Banks, Retailers
Looking for a COVID-free way to pay your property taxes? Pulaski County Treasurer Debra Buckner has a few in the works.
View ArticleLegal Woes Continue for Adam Kuettel
Arvest Bank can be added to the list of plaintiffs suing troubled investment adviser Adam Kuettel and his firm, Kuettel Capital LLC of Bentonville.
View ArticleUS Household Wealth Hits Record Even As Economy Struggles
Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in March.
View ArticleNominate Now for the 33rd Arkansas Business of the Year Awards
Arkansas Business is once again seeking nominations of the state's outstanding businesses, business executives and nonprofits for its Arkansas Business of the Year Awards.
View ArticleBusiness Hall of Fame Won't Add New Class in 2021
Citing "continuing uncertainty created by the COVID-19 pandemic," the board that oversees the University of Arkansas' Arkansas Business Hall of Fame says it won't induct a new class of honorees in 2021.
View ArticleEncore Bank Expands to Dallas-Fort Worth, Hires 2 to Lead Markets
Encore Bank of Little Rock says it is expanding into Dallas and Fort Worth, Texas.
View ArticleU.S. Bank Donates $250K to 2 LR Organizations
U.S. Bank has donated $250,000 in the Little Rock area as part of its $15 million U.S. Bank Foundation Rebuild and Transform Fund that aims to rebuild corridors impacted by social unrest and systemic...
View ArticleSuen Joins Arvest (Movers & Shakers)
Kelly Suen has been hired as vice president and senior private banking adviser at Arvest Bank in Little Rock.
View ArticleSupport Network Sells Springdale HQ in $2.7M Transaction (NWA Real Deals)
The Arkansas Support Network, a nonprofit organization that works with people with developmental disabilities, sold two properties for $2.7 million.
View ArticleThis Will Not End Well (Gwen Moritz Editor's Note)
The number of COVID deaths in our country has already topped 200,000 (roughly the population of Little Rock). But there are millions upon millions of other casualties: More than 61 million unemployment...
View ArticleHarrell Bancshares Raises $12M for Generations
Jonathan Harrell, president and CEO of Harrell Bancshares Inc., says the money will be used to boost capital levels during the pandemic.
View ArticleArkansas Business Announces CFO Finalists, Ticket Info for Interactive Event
Arkansas Business' 2020 CFO of the Year finalists and Lifetime Achievement Award winners — Greg McKinney and Richard Bell — will be honored during an interactive online ceremony on Dec. 15.
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