Roger and Shirley Bailey of Scott have become enmeshed in bitter legal fights with their youngest son Jeffrey, stemming from who should have paid payroll taxes for their business Rig-Up Electrical Services Inc.
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Dispute Over Taxes Tears Family Apart
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Arkansas Banks Signing on to Mobile Wallets
Most people’s smartphones already serve as camera, watch and music player. Now smartphones are increasingly becoming wallets, too.
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Harrison Draws More Bank Competition
Community First Bank's sale opens door to Harrison for Stone Bank and Cornerstone.
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Stone Bank Expanding West Little Rock Location
Stone Bank is taking over the entire ground floor at 900 S. Shackleford Road, growing from 8,000 SF to 18,000 SF.
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US Home Sales Fell in June; Would-Be Buyers Can't Find Homes
Homebuyers faced surging prices and a shrinking number of properties for sale in June — causing the pace of sales to fall.
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Fed Will Likely Focus on Low Inflation But Leave Rates Alone
The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment.
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SPONSORED: Implementing Your Business Planning During Change
A clear view of goals and processes can be the difference between success and failure.
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New-Home Sales Improved Modestly in June
U.S. sales of new homes perked up slightly in June, a sign that more would-be buyers are seeking newly built properties.
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Bear State 2Q Earnings Up 49 Percent
Bear State Financial Inc. of Little Rock reports second-quarter earnings of $6.7 million, up about 49 percent from the same quarter last year.
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FIS Partners With Two Startups; 2nd FinTech Accelerator Ends
Global technology provider FIS partners with two startups that graduated from last year's inaugural VC FinTech Accelerator.
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Bank of the Ozarks Shares Fall 12 Percent Amid Exec's Departure
Shares of Bank of the Ozarks Inc. of Little Rock fell more than 12 percent on Friday after a key executive announced his resignation.
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US Economy Expanded at Stronger 2.6 Percent Rate in 2Q
The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief.
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UA Economist Mervin Jebaraj on Which Fast-Growing Industry Could Be the Most Unpredictable
Mervin Jebaraj was named the interim director of the Center for Business & Economic Research at the University of Arkansas at Fayetteville in April to replace Kathy Deck. He has been with the center since 2007.
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Is Vacation in Your Plans? (Alese Stroud Expert Advice)
Let’s be clear. Sitting on a beach practicing distance management skills via email does not count as vacation. It counts as vacation only when you completely unplug.
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KC Firm Pays $11.4M For Northwest Medical Plaza (NWA Real Deals)
Block Real Estate Services of Kansas City, Missouri, paid nearly $11.4 million for the Northwest Medical Plaza in Springdale.
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WLR Volvo Complex Sells for $3.6 Million (Real Deals)
An affiliate of Little Rock’s McLarty Auto Group bought the 60,000-SF McLarty Volvo Cars and McLarty Collision West complex at 1500 N. Shackleford Road.
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I.O. Metro’s Bankruptcy Leaves Unsecured Creditors Stuck with $31.5 Million in Debt
After a net loss of nearly $20 million in 2015 and 2016, the furniture retailer I.O. Metro LLC in March hired a Dallas turnaround company to analyze the business and develop a plan to make the company profitable. They determined the retailer couldn’t be saved.
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New Bank of the Ozarks HQ Still a Work in Progress
About 100 employees of Bank of the Ozarks in Little Rock have relocated from the company’s current 92,000-SF headquarters at 17901 Chenal Parkway.
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Amy Golden McCay Files for Chapter 7 Bankruptcy
The outstanding balance of an FDIC $324,632 summary judgment from January 2015 against Amy Golden McCay is now part of her recently filed Chapter 7 bankruptcy.
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US Pending Home Sales Improved in June
Americans signed more contracts to buy homes in June, snapping a three-month decline in pending sales.
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