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Support Network Sells Springdale HQ in $2.7M Transaction (NWA Real Deals)

The Arkansas Support Network, a nonprofit organization that works with people with developmental disabilities, sold two properties for $2.7 million.

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This Will Not End Well (Gwen Moritz Editor's Note)

The number of COVID deaths in our country has already topped 200,000 (roughly the population of Little Rock). But there are millions upon millions of other casualties: More than 61 million unemployment...

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Harrell Bancshares Raises $12M for Generations

Jonathan Harrell, president and CEO of Harrell Bancshares Inc., says the money will be used to boost capital levels during the pandemic.

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Arkansas Business Announces CFO Finalists, Ticket Info for Interactive Event

Arkansas Business' 2020 CFO of the Year finalists and Lifetime Achievement Award winners — Greg McKinney and Richard Bell — will be honored during an interactive online ceremony on Dec. 15.

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Fed: Healthy US Economy Failed to Narrow Racial Gaps in 2019

The solid growth that the United States enjoyed before the viral pandemic paralyzed the economy this spring failed to reduce racial disparities in Americans' income and wealth from 2016 through 2019, a...

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Kelley Commercial Partners Hires Bill Puddephatt

Kelley Commercial Partners has added Bill Puddephatt to its brokerage and leasing team.

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Economy Plunges 31.4% in Spring But Big Rebound Expected

The U.S. economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter that is just ending.

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More Americans Sign Contracts to Buy Homes in August

More Americans signed contracts to buy homes in August, suggesting the hot U.S. housing market will continue to churn well into fall.

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Arkansas Capital Corp. Nets $520K Grant

The United States Department of Treasury has awarded a $520,000 grant to Arkansas Capital Corp. of Little Rock, a regional, nonprofit Community Development Financial Institution.

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August Construction Spending Up 1.4%, Led by Home Building

U.S. construction spending increased 1.4% in August, led by a surge in single-family homes.

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Update: In Arkansas, Bankers Grow Frustrated Awaiting PPP Loan Forgiveness

Arkansas bankers who fronted money to thousands of businesses participating in the Payment Protection Program now say they are frustrated by the federal government's failure to repay the forgivable...

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Baker Advances at Citizens Bank (Movers & Shakers)

Josh Baker has been promoted to city president for Citizens Bank in Hot Springs.

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LR Firm’s New Contract for Telling UAPB Story

Vice Chancellor Braque Talley of the University of Arkansas at Pine Bluff knows well that teenagers don’t watch TV or turn on the car radio as their parents and grandparents do.

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Simmons Bank Donates $1M to Build Veterans Office in Pine Bluff

Simmons Bank donates $1 million to support construction of the new Dr. Josetta Wilkins Jefferson County Health Unit and the Sergeant Elga Lee Roberts Jefferson County Veterans Services Office in Pine...

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Fed's Powell: Lack of Further Stimulus Imperils Recovery

Strong financial support from the government and the Federal Reserve have spurred a solid recovery from the pandemic recession, but the rebound may falter without further aid, Fed Chair Jerome Powell...

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Armor Bank Buying Marianna Branch from Farmers and Merchants

Armor Bank of Forrest City announced Tuesday that it will acquire a branch in Marianna from Farmers and Merchants Bank of Stuttgart.

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Video: Women Leaders Talk Pay Equity, Career Moves at Women's Leadership Event

Kristi Crum, Laura Landreaux, Jean Block and Lori Burrows discuss career transitions, pay equity, work-life balance, diversity and more during the Women’s Leadership Symposium.

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SBA Releases Simpler Application for Smaller PPP Loans

The U.S. Small Business Administration, in consultation with the Treasury Department, recently released a simpler loan forgiveness application for Paycheck Protection Program loans of $50,000 or less.

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Diamond Bank Names Ward Russellville President (Movers & Shakers)

David Ward has been promoted to Russellville market president by Diamond Bank of Murfreesboro.

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Arkansas Unemployment: Metro vs. Rural Areas

The unemployment rate in Arkansas moved up slightly in August, to 7.4%, as it did in six of the state’s eight metro areas. Only Fort Smith and Texarkana posted declines between July and August.

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