by - July 16, 2017 9:55 pm
Jacksonville bank reaches into Conway
First Arkansas Bank & Trust (FAB&T), has bought a vacant bank branch building at the intersection of Hogan Road and Prince Street in Conway. FAB&T President and CEO Larry T….
Finance
by - July 12, 2017 5:10 pm
BancorpSouth insurance employee receives top honor
Amanda Swift of BancorpSouth Insurance Services in Little Rock was a state winner in the 2017 Outstanding Customer Service Representative of the Year Award. Swift received top honors from the…
by - July 12, 2017 2:18 pm
Arkansas’ cost of living among lowest in the U.S., Commerce Department report says
A garment factory worker in Arkansas making $35,000 a year has the same purchasing power of a pineapple farmer in Hawaii with annual income of about $48,000, according to a…
by - July 12, 2017 10:05 am
Bank of the Ozarks quarterly net income hits record $90.5 million, total assets top $20 billion
Regional financial and banking concern Bank of the Ozarks continued its strong growth as second quarter net income reached a record $90.5 million, easily eclipsing year ago results and matching…
by - July 11, 2017 10:21 pm
Arkansas tax reform efforts move forward, two firms submit bids for consulting work
The state’s newly formed Blue Ribbon tax task force heard some new, old and repackaged ideas Tuesday (July 11) on ways to revamp the state’s complex tax code, but no…
by - July 11, 2017 4:33 pm
Analysts expect J.B. Hunt’s second quarter earnings to remain flat
J.B. Hunt Transport Services has regained some ground as the dynamics of supply and demand have strengthened recently, transportation analysts said. Analysts Brad Delco and Justin Long, both of Little…
by - July 11, 2017 9:57 am
Consumer bureau issues rule making it easier for consumers to sue banks
The Consumer Financial Protection Bureau (CFPB) announced Monday (July 10) a new rule to ban companies from using mandatory arbitration clauses to deny groups of people their day in court….
by - July 10, 2017 8:27 am
Recent Fed rate increase to have mild area impact
The Federal Open Market Committee raised the federal funds rate target by 25 basis points or 0.25% on June 15, and James Bullard, president and CEO of the Federal Reserve…
by - July 9, 2017 9:29 pm
Sales tax collections in NEA continue unprecedented surge through June, unemployment ticks higher
Jonesboro’s sales tax receipt collections continued to grow at a record rate in June. The largest metro in Northeast Arkansas collected $1.393 million in city sales and use tax in…
by - July 6, 2017 4:23 pm
At 82, Hugh Kincaid retires a third time, this time for good
Hugh Kincaid insists the third time will be the charm. Kincaid, who will turn 83 in September, retired from The Bank of Fayetteville, effective June 30. He was the bank’s…
by - July 6, 2017 4:11 pm
Wal-Mart stock rally cools following announced Amazon-Whole Foods deal
Wall Street has been bullish on shares of Wal-Mart Stores through most of 2017 as the retail giant bucked sluggish traffic and same-store sales trends seen in much of the…
by - July 6, 2017 1:26 pm
Consumers, businesses choosing noncash payments over checks
Consumers wrote two-thirds fewer checks in 2015, compared to 2000, and noncash payments for goods has risen nearly 95% over the same period, according to the Federal Reserve. Noncash payments…
by - July 5, 2017 2:45 pm
Car-Mart shareholders see gains as stock price rises, U.S. auto sales rate falls
Shares of America’s Car-Mart have been rising steadily since late February, pushing the value of the stock held by shareholders on an upward trajectory. On Wednesday (July 5), the Bentonville-based…
by - July 3, 2017 4:10 pm
Startups with West Coast, Wall Street ties eyeing Arkansas’ medical pot market
Before taking a leap of faith and deciding to invest in one of the more unusual Arkansas startups, Little Rock pharmacist Brandon Thornton said he spent at least a half…
by - June 30, 2017 10:41 am
Personal income, expenses rise in May
Personal income rose 0.4% or by $67.1 billion in May, from the previous month, according to the Bureau of Economic Analysis. Personal income has risen over the past five months….
by - June 29, 2017 10:30 am
Car-Mart’s top executives saw no pay increase in fiscal 2017
Base salaries for the top executives of America’s Car-Mart remained flat in fiscal 2017, from the previous fiscal year, according to the company’s proxy statement filed with the U.S. Securities…
by - June 28, 2017 1:47 pm
Corporate business filings, Internet domain registrations spike ahead of Arkansas’ June 30 pot application starts
In addition to Steep Hill and Herbal Compliance’s unorthodox investment vehicles looking to enter Arkansas’ medical marijuana industry that is projected to grow to nearly $70 million in the next…
by - June 28, 2017 8:10 am
World Trade Center Arkansas partners with Exim Bank as REPP participant
The World Trade Center Arkansas in Rogers has partnered with the Export-Import Bank of the United States (Exim Bank) to participate in the Regional Export Promotion Program (REPP), a joint…
by - June 26, 2017 7:47 pm
Lack of housing a serious problem for job creators in parts of Northeast Arkansas
Peco Foods, Inc. needs to hire up to 250 more workers at its Pocahontas plant and has plans for a $30 million expansion, plant manager Alan Risley told Talk Business…
by - June 23, 2017 10:58 am
Large banks could lend money in severe recession
The largest bank holding companies in the United States have strong capital levels and can lend to homes and businesses in a severe recession, according to supervisory bank stress tests….