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...
View Article30M 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.
View ArticleHealth 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.
View ArticleFed 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.
View ArticleRecent 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.
View ArticleHarper 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.
View ArticleRose 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.
View ArticleGolden 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...
View ArticleBank 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.
View ArticleSimmons Bank Sells Banks, Departs Denver Metro
Simmons Bank’s exodus from Colorado will conclude with a $9 million transaction.
View ArticleHome 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.
View ArticleDenial 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...
View ArticleTruckers 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.
View ArticleReceiver Appointed in Quapaw House Case
A receiver was appointed last week to take control of the troubled Quapaw House Inc. of Hot Springs.
View ArticleApril 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.
View ArticleState 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.
View ArticleWehco 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.
View ArticleWhat 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.
View ArticleHathaway 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.
View ArticleThe 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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