Dow Sinks 1,800 As Virus Cases Rise, Deflating Optimism
Stocks fell sharply on Wall Street Thursday as coronavirus cases in the U.S. increased again, deflating recent optimism that the economy could recover quickly from its worst crisis in decades.
View ArticleSpringdale Fintech, Citizens Bank, Mark Cuban Announce Free PPP Website
Teslar Software by 3E of Springdale; Jill Castilla, president and CEO of Citizens Bank of Edmond; and Mark Cuban have collaborated to launch a free website that simplifies and streamlines the Paycheck...
View ArticleTaylor to Head Citizens Bank & Trust (Movers & Shakers)
P. Brent Taylor has been selected to succeed Keith Hefner as president and CEO of Citizens Bank & Trust Co.
View ArticleMayor Frank Scott Jr. on How Little Rock Zoned In on Amazon
Little Rock Mayor Frank Scott Jr. discusses what the city did right against COVID-19, what he might have done differently, and what lies ahead.
View ArticleArkansas Cities Say Pandemic Losses of Revenue May Be Overstated
City leaders around Arkansas are holding their breath as business and social activities gradually restart after the initial shock of the coronavirus pandemic.
View ArticleWLR Plaza's Price Point Disputed in Eminent Domain Case
Eminent domain case associated with future improvements to Highway 10/Cantrell Road in west Little Rock hits the court docket.
View ArticleUS Home Construction Rebounds 4.3% in May
US home construction rebounded 4.3% in May after steep declines caused by shutdowns due to the coronavirus.
View ArticleSBA Issues Revised PPP Loan Forgiveness Applications
The U.S. Small Business Administration posts a revised Paycheck Protection Program loan forgiveness application reflecting changes to the program signed into law by President Trump on June 5.
View ArticleFayetteville Businesses Have Questions About Mask Ordinance
The Fayetteville Chamber of Commerce says several businesses are seeking more information about the city's mask ordinance, citing questions left unanswered by the law's language.
View ArticleCentennial Bank Celebrates New Branch In Riverdale
Centennial Bank held a topping out ceremony this week for its new branch in the Riverdale neighborhood of Little Rock.
View ArticleArkansas Unemployment Drops to 9.5% in May
Arkansas' seasonally adjusted unemployment rate declined to 9.5% in May from 10.8% in April, the state Department of Workforce Services reported Friday.
View ArticleWomen's Foundation Gets $100K Grant to Help Boost Businesses
The Women’s Foundation of Arkansas has been awarded a $100,000 Women’s Funding Network grant to design and launch a Regional Women’s Economic Mobility Hub in six months and operate it over the next 18...
View ArticleArkansas Unemployment Fund Stable, but Worrisome
The state’s unemployment fund was in the best of shape before the pandemic and is still healthy, but politicians and community leaders are worried it will be depleted by early 2021 if the economy does...
View ArticleLargest Private Companies List Gives Snapshot of Pre-Pandemic Normalcy
The 33rd annual list of the state’s largest private companies serves as a baseline for pre-pandemic revenue.
View ArticleThe Old Normal (Gwen Moritz Editor's Note)
Since I’m not at all sure any of us have a good grasp on how much our worlds will have been changed by the pandemic, I think of this week’s list as a final snapshot of the old normal that will be...
View ArticleExisting Home Sale Plunge 9.7% in 3rd Straight Monthly Drop
Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market.
View ArticleJudge: Ruling in Schwyhart Fraud Case to Come In Weeks
A ruling won't be coming this week in the Dallas trial regarding alleged bankruptcy fraud by Bill and Carolyn Schwyhart.
View ArticleAttorneys Probe Schwyharts' HMG Investments During Fraud Trial
HMG Investments proved to be a popular topic of questioning Monday in the bankruptcy fraud trial of Bill and Carolyn Schwyhart in Dallas.
View ArticleSchwyhart Reveals Cancer Diagnosis During Testimony
The former northwest Arkansas real estate developer revealed the terminal diagnosis Wednesday morning as testimony wrapped up in bankruptcy court in Dallas, where he is accused of defrauding creditors.
View ArticleUS GDP Fell at 5.0% Rate in 1Q; Worse Is Likely on the Way
The U.S. economy shrank at a 5.0% rate in the first quarter with a much worse decline expected in the current three-month economic period.
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