by - April 6, 2018 9:18 am
Forrest City-based Armor Bank and its holding company, Big Creek Bancshares Inc., announced Friday (April 6) the appointment of Chad May as CEO. May will be based in Little Rock,…
by - April 5, 2018 2:01 pm
A Little Rock technology startup with ties to the former Systematics Inc. and Alltel Corp. announced plans Thursday (April 5) to create 19 high-paying fintech jobs as the company scales…
by - April 4, 2018 5:46 pm
St. Louis Fed President James Bullard on Wednesday (April 4) offered a cautious assessment of the nation’s economy, saying the U.S. is in a “slow growth era” with downside risk…
by - April 3, 2018 4:52 pm
Fayetteville-based Arvest Bank’s $391 million acquisition of Bear State Financial Inc. of Little Rock has cleared the last major regulatory hurdle after the Federal Reserve approved the Aug. 22 deal…
by - March 30, 2018 12:26 pm
The Federal Reserve will study fraud and its financial impact on the U.S. payments system and determine its causes and factors contributing to it. The federal agency announced the study…
by - March 28, 2018 5:22 pm
Shareholders making proposals for change at the Walmart Inc. annual meeting will now do it in a smaller setting two days before the retailer’s shareholder celebration Friday, June 1, at…
by - March 27, 2018 9:29 pm
Sales tax and use collections in Craighead County and Jonesboro were down in March as compared to 2017. But, collections in the county and city were still the second highest…
by - March 26, 2018 3:08 pm
A loophole in the recently passed tax bill that would have incentivised farmers to sell agriculture products to cooperatives instead of other types of businesses has been amended. The “section…
by - March 26, 2018 1:33 pm
Fort Smith sales tax revenues launched 2018 with a two-month losing streak. According to data released by the city on Friday (March 24), the state’s second largest city trailed January and…
by - March 22, 2018 3:46 pm
The Federal Open Market Committee increased the federal funds rate by 25 basis points to a target range of 1.5% to 1.75% and issued guidance on the rate and other…
by - March 22, 2018 2:27 pm
Nabholz Construction of Rogers is using a building permit valued at $7.67 million for a 7.9-acre commercial project at 309 N.E. J St. in Bentonville. The project developer is Bentonville…
by - March 21, 2018 12:22 pm
If the Federal Reserve adds a 25-basis-point interest rate hike it will increase consumer credit card debt by $1.6 billion in 2018. When rate hikes since 2015 are added, consumers…
by - March 21, 2018 11:10 am
Daniel Cushman, president and CEO of P.A.M. Transportation Services, received a 13.1% salary increase in 2017, and his total compensation rose 183.1% to $2.457 million for the year, according to…
by - March 17, 2018 4:45 pm
Walmart’s top eight executives recently received a second round of deferred compensation bonuses worth an estimated $39 million based on financial performance in fiscal 2018. The restricted stock payment and…
by - March 15, 2018 4:04 pm
Publicly held Bank of the Ozarks of Little Rock, the state’s largest lender, will change its name later this year to Bank OZK. The rebranding needs to be approved by…
by - March 13, 2018 7:11 pm
John Roberts III, president and CEO of Lowell-based carrier J.B. Hunt Transport Services, received a 3.2% raise in 2017 and earned a base salary of $833,865, according to the company’s…
by - March 13, 2018 11:22 am
The Consumer Price Index for All Urban Consumers rose 0.2% in February after it increased 0.5% in January, according to the U.S. Bureau of Labor Statistics. Over the past 12…
by - March 8, 2018 7:37 pm
More American consumers are reaching for the plastic in their wallets helping to push outstanding credit card debt past the $1 trillion mark in the fourth quarter, according to a…
by - March 8, 2018 6:37 pm
Sallisaw-based Firstar Bank is building a $3.5 million bank office near Chaffee Crossing in east Fort Smith that will be home to 20 employees when opened in April 2019. Construction…
by - March 7, 2018 6:34 pm
The expected uneventful end of the Arkansas Legislature’s 2018 fiscal session hit a snag Wednesday (March 7) after the House of Representatives blocked an appropriations bill for the state Treasurer’s…
