by - May 19, 2020 3:10 pm
A new real estate fund led by four notable business leaders in Northwest Arkansas has closed its first acquisition for $32.32 million. OZRE Capital is the new owner of a…
by - May 19, 2020 2:06 pm
Arkansas Attorney General Leslie Rutledge announced Tuesday (May 19) a settlement with Santander Consumer USA Inc.that includes approximately $550 million in relief for consumers with more relief in additional deficiency…
by - May 15, 2020 11:01 am
Oklahoma-based lender Grand Savings Bank, which operates nine of its 12 branches in Arkansas, is planning to relocate its lone Fayetteville branch to a larger building. The company’s office at…
by - May 14, 2020 10:42 am
Eric Munson was named as the new commissioner of the Arkansas Securities Department, a division of the Department of Commerce. He will replace Edmond Waters, who served as commissioner since…
by - May 13, 2020 4:56 pm
Bayird Properties LLC made the most significant residential and commercial property transfer in Craighead County March 15 through April 15, according to the Craighead County Assessor’s Office. Bayird spent $4.18…
by - May 12, 2020 5:39 pm
COVID-19 has shuttered many festivals and annual celebrations around the state including the Arkansas Folk Festival in Mountain View. There’s a group trying to put together a concert in its…
by - May 10, 2020 6:46 pm
Walmart U.S. eCommerce CEO Marc Lore continues to sell his Walmart stock holdings. On May 7, Lore liquidated another 85,000 shares of his personal Walmart shares for a total of…
by - May 8, 2020 10:31 am
One day after the company chairman and founder announced his departure, Little Rock commercial real estate firm Flake & Kelley Commercial has rebranded to Kelley Commercial Partners. John Flake, who…
by - May 7, 2020 4:34 pm
One of the leading indicators of economic health – consumer spending – took a historic hit as the COVID-19 pandemic began to unfold in March. In the 61 years since…
by - May 6, 2020 7:04 pm
White River Bancshares Co., the holding company of Fayetteville-based Signature Bank of Arkansas, reported Wednesday (May 6) that first quarter net income was $742,500, down from $1.17 million during the…
by - May 5, 2020 5:27 pm
Elizabeth Smiley Glasbrenner and Quinn Grovey have been named to the board of directors for Encore Bank, which is also moving its corporate headquarters to a larger space in Little…
by - May 3, 2020 3:00 pm
In less than two weeks, small-business owners claimed all $349 billion allocated to the Paycheck Protection Program (PPP). The PPP officially opened on April 3 and by April 16, the…
by - May 1, 2020 9:04 am
Pine Bluff-based Simmons Bank announced Friday (May 1) it has signed multiyear sponsorship agreements with Korn Ferry Tour professional golfers Will Zalatoris, Braden Thornberry, Kevin Dougherty and Dawson Armstrong. Financial…
by - April 29, 2020 2:13 pm
Benton County’s most visible bank is making plans to add another branch. Fayetteville-chartered Arvest Bank has filed a large-scale development plan to build a 2,800-square-foot building on Southwest Regional Airport…
by - April 28, 2020 9:45 am
During the COVID-19 pandemic, the investment world has seen a dramatic decrease in values. This is obviously not what you want to see in your retirement account; however, there could…
by - April 26, 2020 2:18 pm
Every day, we meet Arkansans suffering under heavy loads. The dad who puts in long hours as a janitor at a local public school but can barely afford medications for…
by - April 24, 2020 4:06 pm
Bridge loans to Arkansas businesses from a program created to stem job losses caused by the COVID-19 pandemic have helped retain almost 2,500 full-time jobs and about 1,000 part-time jobs,…
by - April 23, 2020 4:12 pm
First quarter net income for Little Rock-based Bank OZK fell 89.2% thanks to a significant credit loss allowance charge. First quarter revenue was $299.653 million, down 6.1% compared with the…
by - April 23, 2020 3:50 pm
The COVID-19 (coronavirus) pandemic has been disastrous for the economy by wiping out 22 million jobs and costing about $25 billion per day in economic losses, according to St. Louis…
by - April 22, 2020 1:41 pm
The four largest cities across Northwest Arkansas saw a strong increase in sales tax revenue generated from February sales and services. Bentonville, Fayetteville, Rogers and Springdale cumulatively reported total revenue…
