Business

Weekend Digest: The Presidents Edition

Babe Ruth had a way with American presidents. How did he handle political royalty? With ease and candor. This story and more makes our Weekend Digest.

Quarterly income up for Bank of the Ozarks

Little Rock-based Bank of the Ozarks second quarter net income rose 6.8% to $20.4 million. For the six months ended June 30, 2013, net income totaled $40.4 million, an 8.9%…

First Security Bank Acquiring Branch From First Federal

Searcy-based First Security Bank has entered into an agreement with First Federal Bank of Harrison, to purchase certain fixed assets and non-maturity deposit accounts associated with a First Federal branch…

City of Bella Vista under legislative audit review

An alleged lack of procurement protocol brought to attention by Bella Vista Alderman Jerry Snow is under investigation by the Arkansas Division of Legislative Audit, the regulatory body tasked with…

U.S. House Passes ‘Split’ Farm Bill

The U.S. House of Representatives on Thursday (July 11) narrowly approved a five-year farm bill measure that did not include funding for food stamp programs. The passage creates uncertainty with…

Bank Of The Ozarks Q2 Net Income Rises

Little Rock-based Bank of the Ozarks second quarter net income rose 6.8% to $20.4 million. For the six months ended June 30, 2013, net income totaled $40.4 million, an 8.9%…

U.S. House passes ‘split’ farm bill

The U.S. House of Representatives on Thursday (July 10) narrowly approved a five-year farm bill measure that did not include funding for food stamp programs. The passage creates uncertainty with…

AT&T Hiring 75 In Arkansas

AT&T said it will hire 75 new workers for technicians to help with U-verse installation, sales consultants and customer service representatives for the company’s call centers and openings at retail…

UA makes staff changes at Division of Advancement

Major staff changes were announced Thursday (July 10) at the troubled Division of University Advancement at the University of Arkansas. The advancement division manages the university’s critical capital campaigns. The…

Traffic up at XNA, down in Fort Smith and Little Rock

The Northwest Arkansas Regional Airport (XNA) is the only one of Arkansas’ three largest commercial airports to report positive year-to-date enplanements. For the first six months of 2013, enplanements are…

Wal-Mart to re-evaluate expansion in D.C.

If Wal-Mart is to win the battle to do business in Washington D.C., it looks it will be through online sales. Wal-Mart said it is scrapping plans to build three…

Sam Walls Retires As CEO Of Arkansas Capital Corp.

Sam Walls, who served as the chief executive officer of The Arkansas Capital Corporation Group, has retired after 24 years of service. “I truly believe that the intersection of my…

Bourbon And Boots Gets $270,000 Venture Capital Boost

BourbonandBoots.com – the Little Rock-based Southern culture e-commerce website that has seen its profile and revenues rise quickly – has landed venture capital funding that co-founder Matt Price says will…

50 Years Of Adventures In The Mary Kay Ministry

After a half century of cosmetics and pink Cadillacs, a new generation of Arkansans are discovering Mary Kay – and the payout is pretty good.

Trucking Sector Signals Tepid Economic Growth

The trucking and transport sector, often seen as a barometer for the broader economy, is expected to report mixed financial results over the next few weeks, according to industry analysts….

Processing Center To Bring 600 Jobs To Rogers

Serco, an information and technology service provider, has set its sights on Rogers for a new facility slated to open this fall. The company’s domestic base is in Virginia, but…

Local foreclosure activity heats up in June

The ongoing real estate recovery is making progress in better pricing and increased sales but increased foreclosures activity and rising interest rates could cool local markets in the coming months….

Processing center to bring jobs to Rogers

Serco, an information and technology service provider, has set its sights on Rogers for a new facility slated to open this fall. The company’s domestic base is in Virginia, but…

State Working With Hewlett Packard On Incentive Clawbacks

In the wake of Monday’s announcement that Hewlett Packard would lay off up to 500 workers at its Conway customer service facility, Arkansas economic officials are working with the computer…

UAFS report: Fort Smith area economy improving

It is no secret that the Fort Smith economy has had its ups and downs throughout the recession, but things are starting to look up according to one local economist….