Author: Talk Business & Politics

Jet Debt Casts Cloud on Pinnacle Partners

Lawsuits over jets reflect $110 million fight and are preventing Pinnacle Investments from doing more real estate deals until its resolved.

Pinnacle Group Gets in on Mark-to-Market Debate

The Pinnacle Group is lobbying Arkansas legislators to take their concerns regarding to mark-to-market accounting rules to Washington.

Village Files Chapter 11, Deals Continue at Pinnacle

The Pinnacle developments have largely weathered the economic downturn with few casualties, but there was a major hit on Feb. 13.

Micro-Blogging May Be Next B2B Outlet

According to the Pew Internet & American Life Project, the use of micro- blogging personal update services like Twitter has risen in recent months.

Lehman Properties Files Bankruptcy

Rogers developer Carmen Lehman filed for Chapter 11 bankruptcy protection under her C.R. Lehman Properties LP on Feb. 13.

Parkway Bank Closes Branches

Rogers-chartered Parkway Bank has closed two of its three offices in Northwest Arkansas.

Arkansas’ ROE Tops in District

In the third quarter of 2008, Arkansas banks collectively had a return on their average equity of 9.58 percent, ranking No. 1 of the seven states in the U.S. Federal Reserve Bank’s 8th District. The district includes all of Arkansas and parts of six other

Butterball Laying Off 150 at Huntsville Plant

Butterball LLC of Garner, N.C., has announced it will cut about 150 positions at its Huntsville facility.

Tyson Foods to Make $500M Notes Offering

Tyson Foods Inc. of Springdale said Feb. 19 that it is initiating an offering of $500 million of unsecured senior notes due 2014.

Razorback Foundation Shows Decline in Funds

As we perused the IRS Form 990s filed by all 501(c) 3 non-profit organizations, it became pretty clear why the University of Arkansas athletic department went to the well for a $5 million line of credit last fall to support its programs.

Arvest Announces Record Assets

Arvest Bank, the largest state-chartered bank by 2008 assets, grew its loan portfolio in one of the worst recessionary years in three decades.

NanoMech Keeping Tools Tough

In what should be the first of many exciting announcements, NanoMech subsidiary Duralor has perfected cubic boron nitrate composite coatings for metal cutting tools and is now marketing the technology under the brand name TuffTek.

Repo Man Sells All

Hard times mean good times for the repossession business, as a seller on Craigslist.org notes, “people will always be late on their payments.”

Benton County Record News Flash

The Benton County Daily Record posted a breaking news item on its Web site on Feb. 19 that had us shaking our heads in wonder.

Wal-Mart Lands on Fast Company List

In case you missed it, Wal-Mart Stores was named one of Fast Company magazine’s 50 most innovative companies.

Pink Slip Party Planned

The recent phenomenon of Pink Slip Parties has moved from Wall Street to Walnut Street.

Bentonville Bar Bid

A Bentonville bar man is looking for a way out of the business and all cash offers will be considered. D?j? Vu Nightclub and Bar is listed for sale on Bizquest.com for $75,000.

Northwest Arkansas Business Journal’s 15 Young Pros on the Fast Track

The Northwest Arkansas Business Journal presents the very first class of Fast 15 honorees.

Northwest Arkansas Business Journal 2009 Fast 15: Spencer Baird

A native of Morristown, N. J., Spencer Baird spent most of his formative years in Lynchburg, Va. When it was time for college, Baird struck out for Virginia Wesleyan College mostly so he could play basketball, with the school’s Division III team.

Northwest Arkansas Business Journal 2009 Fast 15: Bo Bittle

Bo Bittle has directly helped grow Signature Bank’s loan portfolio by $85 million.

Opinions differ on use of former ACME Brick property

Jones Center raises $310,000 at ‘Big Night’

Colliers | Arkansas to manage Regions Center; firm closes 2 major deals for $10.7M

Architect Reese Rowland honored with AIA Arkansas E. Fay Jones gold medal