CareLink Elects Board Directors (Movers & Shakers)
John Davis, president of First Security Bank in North Little Rock, has been elected to the CareLink board of directors, and Stacy Duckett has been named chair of the 2015 board. Duckett serves as vice...
View ArticleFour Winners Named at Helena Startup Challenge
Four Helena-West Helena businesses were named winners and split $80,000 in prize money at Southern Bancorp's Helena Startup Challenge.
View ArticleUS Fed Cuts Forecast for Unemployment Rate Over Long Run
The Federal Reserve forecasts that the U.S. unemployment rate can now fall further without spurring inflation, a sign that it may move slowly in raising interest rates.
View ArticleBeall Barclay Adds Two to Team (Movers & Shakers)
Josh Masters has been admitted as a member of Beall Barclay & Co. PLC, and Travis Teague has been admitted as a member of Beall Barclay Wealth Management LLC, both in Fort Smith.
View ArticleDevelopers See Surge In Northwest Arkansas Activity
Cody Crawford, the president of C.R. Crawford Construction of Fayetteville, has his hands full with work these days. He's not alone — the region is showing signs of shrugging off the hangover of the...
View ArticleLindsey's Resort Closes Amid $3M Foreclosure Lawsuit
Lindsey's Resort on the Little Red River in Heber Springs has announced that it is closing, the result of a $3 million foreclosure lawsuit filed by its bank.
View ArticleArkansas State University to Hold Women's Business Leadership Conference April 2
Arkansas State University in Jonesboro is holding a Women's Business Leadership Conference on April 2 in Centennial Hall at the Carl R. Reng Student Union and at the Delta Center for Economic Development.
View ArticleLittle Rock Burgundy Book Shows Optimism
The Federal Reserve Bank of St. Louis' latest Burgundy Book showed "improving optimism" in the Fed district's Little Rock Zone, which includes all but the northeast part of the state.
View ArticleIncentives Boost Pay for Bank of the Ozarks' Executives
Each of Bank of the Ozarks Inc.'s named executive officers saw increases in total compensation in fiscal 2014, according to a proxy filed Thursday with the U.S. Securities and Exchange Commission.
View ArticleAsa Hutchinson Names Mike Preston as New AEDC Director
Gov. Asa Hutchinson on Thursday announced Mike Preston as the new executive director of the Arkansas Economic Development Commission. Preston previously served as director of government relations for...
View ArticleArkansas Jobless Rate Down to 5.5 Percent
The state's unemployment rate fell to 5.5 percent in February, down a tenth of a percentage point from January, according to data released Friday by the state Department of Workforce Services.
View ArticleUS Economic Growth Might Be Mild, But It's Also Really Durable
The U.S. economy's tepid performance last quarter — a 2.2 percent annual growth rate, the government said Friday — was typical of the economic rebound that began in the summer of 2009.
View ArticleArkansas Labor Force Rises by 9,000
As the unemployment rate in Arkansas is falling the size of the labor force is increasing, as these charts by Michael Pakko, the state's economic forecaster, show.
View ArticleBean Lumber Case Closed Over 'Failure To Communicate'
U.S. District Judge James Moody Jr. recently tossed out a case that Grady Bean, CEO of the defunct Bean Lumber Co. of Glenwood, and his company filed back in 2013 because of Bean's “failure to...
View ArticleNiel Crowson Appointed to A-State Board of Trustees (Movers & Shakers)
Niel Crowson has been appointed to a five-year term on the ASU Board of Trustees. Crowson currently serves as president and CEO of E.C. Barton & Co. in Jonesboro.
View ArticleReturn on Equity: Top 14 Performers Dot Arkansas
Fourteen lenders based in Arkansas produced returns on equity (ROE) that topped 13 percent during 2014. The banks were scattered across the state and represented some of the largest and smallest...
View ArticleJonesboro Developer Bruce Burrow's Pyrrhic Victory
Officially launched 11 years ago, The Mall at Turtle Creek represents a landmark development long envisioned for the property by Bruce Burrow. The hybrid retail project — part mall and part lifestyle...
View ArticleJohn Boozman to Meet with Northwest Arkansas Bankers, Small Businesses
U.S. Sen. John Boozman plans to meet with bankers, mayors and business owners in northwest Arkansas for round table discussions about the economic and infrastructure needs in the region.
View ArticleHome BancShares Buys $289M in Loans, Plans Office in New York
Home BancShares Inc. of Conway, the parent company of Centennial Bank, said Wednesday that it has purchased $289 million in national commercial real estate loans from JC Flowers & Co. LLC.
View ArticleIn Northwest Arkansas, Boozman Talks GMOs, Bank Regulations, Highways
U.S. Sen. John Boozman talks GMO labeling, banking regulations and the Federal Highway Trust Fund in meetings with northwest Arkansas political and business leaders Wednesday.
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