South Arkansas Youth Services Board Was Negligent, Trustee Says
If the board of the defunct South Arkansas Youth Services Inc. of Magnolia had done its job, it could have prevented the CEO from using money for bribes and kickbacks, a lawsuit alleges.
View Article78 Companies Receive $100,000-Plus From BIG Program
The Business Interruption Grant program awarded all but 11 cents of its appropriation to 2,136 businesses out of 3,118 applications received during the application period in November.
View ArticleU.S. Labor Force Recovery Remains Remote
The coronavirus pandemic pushed the unemployment rate in the United States to near record highs and caused millions of workers to leave the workforce, and a year later, the labor market remains far...
View ArticleU.S. Construction Spending Up in March Less Than Expected
U.S. construction spending bounced back in March following a February beset by frigid cold and winter storms across large swaths of the country.
View ArticleTrust But Verify (Gwen Moritz Editor's Note)
Misplaced trust is a common theme in the fraud cases I’ve observed over the past two decades, as is the failure to make simple, routine checks.
View ArticleSOAR Fund Accepting Applications for Small-Business Loans
Small-business owners and nonprofits across Arkansas can apply now for low-interest loans of up to $100,000 through the Southern Opportunity and Resilience (SOAR) Fund.
View ArticleFirst National Bank of Paragould Eyes Nashville with Bank Buy
First National Bank of Paragould says it will buy Citizens Bank of Hartsville, Tennessee, expanding into the Volunteer State and raising its total assets to about $2.1 billion.
View ArticleRuss Harrington Joins Citizens Bank's Board of Directors
Citizens Bank of Batesville says former Baptist Health CEO Russ Harrington had joined its board of directors.
View ArticleHarper Named Director at Capital Markets (Movers & Shakers)
William Harper has been promoted to director of the Capital Markets Group at Crews & Associates, a bond brokerage, in Little Rock.
View ArticleFountaine Bleau West Sells for $45.4M (Real Deals)
Burkhalter F.B.W. LLC, led by John Burkhalter, sold the 245-unit Fountaine Bleau West project at 4200 S. Bowman Road in Little Rock to an affiliate of Forge Partners of Rancho Santa Fe, California.
View ArticleArkansas Population Grows 3.3%
The population of Arkansas grew 3.3% between 2010 and 2020, to 3,013,756 people, according to the U.S. Census Bureau.
View ArticleChanges in Attitude, Changes in Latitude (Amy Pierce Commentary)
Banks are facing a challenge in trying to reach many different generations at one time with the same message.
View ArticleHotel Hot Springs Developer Settles $80M Judgment
The troubled real estate developer Gary R. Gibbs recently agreed to settle a case with a creditor in his bankruptcy for $80 million.
View ArticleRice Cuts Price from Alliance Insurance Bankruptcy Case
Last month the Chapter 7 trustee for the bankrupt Alliance Insurance Group of Arkadelphia Inc. dismissed its suit against Nathaniel Price.
View ArticlePaul Lowe to Lead LR, Memphis, Nashville Markets for Simmons Bank
Simmons Bank promotes Paul Lowe to metro division president for Little Rock, Memphis and Nashville.
View ArticleSimmons Bank Names Leaders for 2 New Divisions
Simmons Bank creates two separate banking divisions – a community bank division and metro bank division – that will be led by Freddie Black and Chad Rawls, respectively.
View ArticlePresenting the 40 Under 40 Class of 2021: Our Annual Look at Promising Young...
Normal and routine has never felt as exciting as it does in 2021, which is why it is a pleasure to bring you this 28th class of Arkansas Business 40 Under 40 honorees.
View ArticleThree Advance at AFCU (Movers & Shakers)
Heather Savage, Valerie Erkman and Nicole Matsoukas have been promoted by Arkansas Federal Credit Union in Jacksonville.
View ArticleSouthern Bancorp Makes New Move in Mississippi
Arkadelphia’s Southern Bancorp Bank continues to extend its reach eastward with a new branch in Hattiesburg, Mississippi.
View ArticleEncore Ready for Show-Me State Time
In addition to several Texas markets, Little Rock’s Encore Bank is wading into southwest Missouri.
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