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$5.6M Awarded in Turner Grain Arbitration

There’s some good news to report for creditors in the bankruptcy case of Turner Grain Merchandising Inc. of Brinkley.

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Pandemic Pushes HR Leaders to Make Quick Adjustments

The COVID-19 pandemic is forcing human resources managers to adapt quickly to deal with an onslaught of issues, several interviews revealed.

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Sporting Goods Stores Struggle During COVID-19

After a spurt of gun and ammo sales at the beginning of the pandemic, sporting goods stores are just waiting for the end.

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Corrected: Simmons First Earned $77M in 1Q

Simmons First National Corp. of Pine Bluff, the holding company for Simmons Bank, reports first-quarter net income of $77.2 million, up more than 60 percent from the same period last year.

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Congress, Trump in Tentative Deal on $500B Virus Relief Bill

Congress reaches a tentative agreement with President Trump on a nearly $500 billion coronavirus relief bill that would replenish a small business rescue program.

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Movista CEO Stan Zylowski to Host Executive Leadership Academy Reception

Movista co-founder and CEO Stan Zylowski is scheduled as the featured speaker for the Arkansas Business Executive Leadership Academy opening reception on Aug. 20 in Bentonville.

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Encore Leasing WLR Space for New Headquarters

Encore Bank of Little Rock, which has operations in northwest Arkansas and Jonesboro, will lease 16,000 SF at 1801 Rahling Road in west Little Rock for its new headquarters and a branch.

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Bank OZK 1Q Profit Falls Amid Virus, CECL Effects

Bank OZK of Little Rock reports first-quarter net income of $11.9 million, down 89% from $110.7 million it reported in the same quarter last year, as the effects of COVID-19 and new accounting methods...

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Laborde, Russell and Williams Join Abaca (Movers & Shakers)

Vince Laborde, Sean Russell and Mara Williams are new members of Abaca, a cannabis financial technology firm based in North Little Rock.

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Attorneys’ Fees Total $94,000 in Heartland Case

Attorneys Kelly McNulty and Aaron Heffington of Gill Ragon Owen of Little Rock represented CTHC Holdings LLC, led by Richard “Rick” Williams of Hot Springs.

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Buffalo Brewer Goes Bankrupt

Nolen Buffalo of Little Rock has filed for Chapter 7 bankruptcy liquidation, listing assets of $107,000 and debts of $327,000.

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Arkansas Ranks 48th in Working From Home

Arkansas ranks 48th among the 50 states and the District of Columbia in terms of how easy it is to work from home, now that the coronavirus pandemic has forced many workers into that arrangement.

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Izard County Medical May Be Put on Market

The Chapter 11 trustee for Izard County Medical Center LLC is “exploring a sale” of the 25-bed hospital in Calico Rock, according to a bankruptcy filing last month.

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California Company Pays $15.9M for Mercy Facilities (NWA Real Deals)

Montecito Medical Real Estate of Corona, California, paid $15.9 million for two adjoining Mercy Health of Northwest Arkansas facilities in Rogers.

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Survey: Business Economists' Outlook Darkens Since Virus Hit

A survey of U.S. business economists in mid-April found that one-third of their companies had shut down at least some of their operations, and two-thirds had laid off or furloughed workers or cut their...

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Arkansas Business Seeks Nominations for '20 In Their 20s'

Arkansas Business is accepting nominations for its annual "20 In Their 20s" class of young professionals who are making a difference in their companies, organizations and communities.

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Small Business Loan Program Restarts, Runs Into Snags

The second round of loan applications for the government's small business relief program has been slowed by computer issues at the Small Business Administration.

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Overload of SBA System Predictable, Arkansas Bankers Say

The technical difficulties that plagued the U.S. Small Business Administration's loan application system was no surprise, two Arkansas bank executives said Tuesday.

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US Economy Shrank at 4.8% Rate Last Quarter As Virus Struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.

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SBA: Small Businesses Move to Head of Loan Application Line

The smallest companies seeking relief loans were moving to the head of the line as the SBA said that for eight hours ending at midnight Eastern time it would accept loans only from small lenders.

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