Arkansas Democrats Secure Majority on House Tax Panel
LITTLE ROCK - Democrats will have a majority of seats on an Arkansas House panel that will take up any proposals to cut taxes next year, despite the party's ranks thinning in the majority-Republican...
View ArticleUALR, Jacksonville High Announce Promise Program
The University of Arkansas at Little Rock and Jacksonville High School announced this week their new "Jacksonville Promise" program for JHS juniors and seniors, in the graduating classes of 2017-20....
View ArticleUCA Announces $1M Endowment for Study Abroad Programs
The University of Central Arkansas in Conway announced on Thursday that Bunny and Carol Adcock have established a $1 million endowment for study abroad opportunities. A check presentation is set for 2...
View ArticleTeresa Sutterfield To Manage Mountain View Service for Stone Bank (Movers &...
Teresa Sutterfield has been named customer service manager for Stone Bank in Mountain View. Sutterfield’s 37-year banking career includes positions as assistant vice president and branch manager for...
View ArticleHome BancShares' Johnny Allison Dropped Hints of Florida Bank Deal
So that’s what Johnny Allison was talking about. Last week Home BancShares Inc. of Conway, the publicly traded holding company for Centennial Bank, announced that it intends to pay $88.5 million in...
View ArticleTrustee: Turner Grain Transferred $100M to Related Firms
Turner Grain Merchandising Inc. of Brinkley transferred nearly $100 million to its related companies a year before it filed for bankruptcy protection, according to lawsuits recently filed by its...
View ArticleReport Outlines Possible Changes to Arkansas Tax Code
The Tax Foundation, a national Washington-based nonprofit, on Monday released "Arkansas: A Road Map for Tax Reform," a report on the state's tax code and recommendations for how to change it. The...
View ArticlePresident-elect Not Affecting Economic Outlook
Economists are not expecting a new president next year to have significant effects on the local or national economies and their outlook, according to presentations at the Little Rock Economic Briefing...
View ArticleHome BancShares to Buy Bank of Commerce in Florida
A bankruptcy court in Florida has declared Home BancShares Inc. of Conway the successful bidder to buy The Bank of Commerce, a Florida state-chartered bank that operates in the Sarasota area, from its...
View ArticleSimmons First to Pay $72M for Third Bank in Tennessee
Simmons First National Corp. of Pine Bluff announced Thursday evening that it had struck a deal to acquire another Tennessee bank: First South Bank of Jackson. Publicly traded SFNC, parent of Simmons...
View ArticleArkansas Lawmakers Weigh Launch Delay, Taxes for Medical Marijuana
LITTLE ROCK - Arkansas lawmakers are considering delaying the launch of the first medical marijuana program in the Bible Belt as well as an effort to impose taxes on the drug, as they work on...
View ArticleIndustrial Space Attracts $5.6 Million Transaction (Real Deals)
A 223,880-SF industrial project in Little Rock tipped the scales at $5.6 million. 7400 Scott Hamilton LLC, led by Rick Ferguson, sold off its namesake project to an investment group composed of 901 5th...
View ArticleConfidence Continues Slump in US Institutions
Americans’ confidence in the country’s major institutions remains low, lagging behind historical averages, according to the pollster Gallup. Confidence in two institutions — newspapers and organized...
View ArticleAllied Bank Not Alone on US List of Bank Failures
The September failure of the $66.3 million-asset Allied Bank of Mulberry marked the fifth lender in the nation to go under so far this year. Others are: The Woodbury Banking Co. of Woodbury, Georgia,...
View ArticlePinnacle, Central Bank Combo Builds Assets To $200M
There are a lot of moving parts to the acquisition equation in the pending merger of Pinnacle Bank of Rogers and Central Bank of Little Rock. A banking insider best-guess estimate pegs the valuation at...
View ArticleMalvern National Enters Walter Quinn Foreclosure
Another party has joined foreclosure litigation against Little Rock businessman Walter Quinn, his wife, Terry, and the Quinn Living Trust. Malvern National Bank entered the fray to stake its first...
View ArticleSpeculation Brimming Over Potential Sale of Acxiom Building
Have you heard talk that Simmons First National Corp. of Pine Bluff is buying the Acxiom Corp. building in downtown Little Rock? We have. We also made official inquiries, which were met with neither...
View ArticleInVeritas Hires State Commissioner of Revenues
InVeritas of Little Rock announced Monday that State Commissioner of Revenues Tim Leathers would join them as vice president of consulting on Jan. 1. Leathers is also deputy director of the Arkansas...
View ArticleSurvey: Arkansas Consumers Planning Large Purchases
Arkansas consumers made large household purchases in the past six months and expect to make more now because they don't expect problems getting credit in the near future, according to the third...
View ArticleUS Court Blocks Overtime Expansion Pay Rule for 4M
LAS VEGAS — A federal court on Tuesday blocked implementation of a rule imposed by President Barack Obama's administration that would have made an estimated 4 million more higher-earning workers across...
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