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Walmart, Western Union Announce New Agreement

Walmart Inc. of Bentonville and Western Union of Denver announce an agreement that will enable Western Union money transfer services at Walmart stores across the U.S.

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Southern Bancorp to Acquire DeWitt First Bankshares

Southern Bancorp Inc. of Arkadelphia says it will acquire DeWitt First Bankshares Corp. and its wholly owned subsidiary, Arkansas County Bank.

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Simmons Bank to Build 2nd Branch in White Hall

Simmons Bank announced Thursday its plans to construct a second bank branch in White Hall on a recently acquired 2.24 acres at the northeast corner of Robin Road and Sheridan Road.

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Home BancShares' Q4 Beats Earnings Expectations

Home BancShares Inc. of Conway reports fourth-quarter net income of $81.8 million, up 11% from the same quarter last year.

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PPP Extended, Expanded to Provide More Funding (Commentary)

The Paycheck Protection Program (PPP) has been extended and expanded to provide more funding for first-time borrowers and to allow some existing borrowers the opportunity to receive additional help.

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Randi Zuckerberg Headlines Soirée Women's Leadership Symposium

The Soirée Women's Leadership Symposium returns Thursday, April 29, with Zuckerberg Media CEO Randi Zuckerberg as a keynote speaker.

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Bank OZK Q4, Full-Year Earnings Beat Expectations

Bank OZK of Little Rock reports fourth-quarter earnings of $120.5 million, up 19.5% from the same quarter last year.

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Shapiro Hired at Bank OZK (Movers & Shakers)

Jake Shapiro has joined Bank OZK of Little Rock as managing director of digital banking.

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Bell Moves to Bentonville Chamber (NWA Movers & Shakers)

James Bell has joined the Greater Bentonville Area Chamber of Commerce as vice president of economic development, entrepreneurship and innovation.

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Armor Bank On the Move in Marianna

The expansion of Forrest City’s Armor Bank into neighboring Lee County will be the product of a transaction totaling more than $3.5 million.

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Simmons Bank Reconfigures Dallas, Nashville Offices

Simmons Bank of Pine Bluff is making moves to modify its branch network in two prominent cities in Texas and Tennessee.

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Mixed-Use Building Sale Surpasses $2.7M (Real Deals)

A 16,055-SF combination David’s Burgers and bank branch in west Little Rock tipped the scales at $2.75 million.

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Quapaw House CEO Faces $1.2M Judgment

The former CEO of Quapaw House Inc., the troubled Hot Springs drug and alcohol treatment provider that is no longer operating, recently was hit with a $1.2 million default judgment.

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Q4 Net Income Up Slightly at Simmons First

Simmons First National Corp. of Pine Bluff says fourth-quarter net income was $53 million, up 0.5% from $52.7 million in the same quarter last year.

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Janet Yellen Wins Senate Approval As Treasury Secretary

The Senate approves President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job. Arkansas' Senators, John Boozman and Tom...

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Arkansas Unemployment Drops to 4.2% in December

Arkansas' seasonally adjusted unemployment rate was 4.2% in December, down from 6.3% in November, the state Department of Workforce Services reported Tuesday.

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Fed Stresses Commitment to Low Rates for Long Run

The Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic.

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US Economy Shrank 3.5% in 2020 After Growing 4% Last Quarter

Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.

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CARTI Refinances $51M in Bonds

CARTI announced Thursday that it has refinanced more than $51 million in refunding bonds for its flagship campus in Little Rock.

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US Contract Signings to Buy Homes Hits Record for December

The number of Americans who signed contracts to buy homes declined slightly for the fourth straight month, but it was still a record high for December.

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