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Fed Signals It Will Likely Hold Rates Near Zero for Months

The Federal Reserve signaled Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster an economy that is sinking...

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30M Have Sought US Unemployment Aid Since Virus Hit

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

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Health Care and Cybersecurity During A Pandemic (Michael Sullivan Commentary)

Now is a good time to take a step back and look at cybersecurity for your clinic or business. Because, unfortunately, with this new reality comes new threats.

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Fed Expands Main Street Lending Program for Businesses

The Federal Reserve says it is expanding a major lending program to provide support for businesses struggling to cope with the economic disruptions caused by the coronavirus pandemic.

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Recent Real Estate Deals Total $2.3M

The $833,347 sale of a bank branch in North Little Rock led the most recent round of real estate transactions.

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Harper Takes New VP Role at FNBC Bank (Movers & Shakers)

Jessica Harper has joined FNBC Bank in Ash Flat as vice president of treasury management services, a newly formed division for the $540 million commercial lending bank.

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Rose Named to Board of Conway Corp. (Movers & Shakers)

Reggie Rose was recently elected to a seven-year term on the Conway Corp. board of directors.

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Golden Corral, Twin Peaks Tandem Buy Tallies $6.3M (Real Deals)

An affiliate of Spirit Realty Capital in Dallas purchased the 12,258-SF Golden Corral at 5001 Warden Road in North Little Rock for $3.58 million and the 6,971-SF Twin Peaks at 10 Shackleford Drive in...

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Bank OZK Sets New Move-in Date

A new target date has been scheduled for Bank OZK staffers to begin moving into the new corporate headquarters in west Little Rock.

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Simmons Bank Sells Banks, Departs Denver Metro

Simmons Bank’s exodus from Colorado will conclude with a $9 million transaction.

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Home BancShares Vote on Pay Signals Dissatisfaction

Several changes at Conway’s Home BancShares Inc. followed a rumble of dissatisfaction from shareholders at its annual meeting on April 16.

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Denial of PPP Loan Makes Matters Worse for Dancor Transit

Dan Bearden thought that getting a COVID-19 relief loan would be just the lifeline Dancor Transit needed to survive bankruptcy reorganization. But the U.S. Small Business Administration denied the PPP...

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Truckers Seeking Bankruptcy Amid COVID-19 ‘Cataclysm’

Dan Bearden’s Van Buren trucking company had been struggling with soaring insurance rates and falling freight prices since last year. Then the pandemic struck like a meteor.

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Receiver Appointed in Quapaw House Case

A receiver was appointed last week to take control of the troubled Quapaw House Inc. of Hot Springs.

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April Tax Collections Show Virus' Toll in Arkansas

State tax officials say Arkansas' April net available general revenue was $537.3 million, down 28.5% from the same month last year and 49.4% above forecast.

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State Will Take 'Ready for Business' Applications Tuesday, Wednesday

The "Arkansas Ready for Business" grant program is set to go live and take applications from 8 a.m. to 6 p.m. Tuesday and Wednesday.

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Wehco Holds Off Newspaper Cuts After Landing Payroll Protection Loans

Wehco Media Inc. of Little Rock receives a federal Paycheck Protection Program loan, allowing it to stave off voluntary furloughs, salary cuts and reductions in hours, not to mention possible layoffs.

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What Employers Should Know About the Families First Coronavirus Response Act...

A look at the new Families First Coronavirus Response Act and things employers must know when applying it to their workforce.

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Hathaway Group's Stuart Mackey Predicts Faster Recovery from Recession Than '08

Stuart Mackey, the Hathaway Group’s EVP, says working from home will never completely replace traditional office settings.

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The Waiting Is the Hardest Part (Gwen Moritz Editor's Note)

We may never live in a post-COVID world, just as we have not achieved a post-influenza world, but pandemic conditions will eventually end and a new normal will emerge.

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