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Fed Stresses Commitment to Low Rates for Long Run

The Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic.

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US Economy Shrank 3.5% in 2020 After Growing 4% Last Quarter

Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.

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CARTI Refinances $51M in Bonds

CARTI announced Thursday that it has refinanced more than $51 million in refunding bonds for its flagship campus in Little Rock.

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US Contract Signings to Buy Homes Hits Record for December

The number of Americans who signed contracts to buy homes declined slightly for the fourth straight month, but it was still a record high for December.

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Neal Advances at Corkern (Movers & Shakers)

LaQuita Neal has been promoted to vice president of operations at Barry M. Corkern & Co. of Little Rock, where she has been employed since 2004, most recently as portfolio management assistant.

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Srygley Sues Tilton Over Million-Dollar Loan

Robert Srygley, the former president of the Arkansas Check Cashers Association Inc., loaned a lobbyist $1 million last year and it didn’t end well.

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Canopy Apartments Sold for $16.6M

The landscape of recent million-dollar real estate transactions is dotted with apartments, flex buildings, convenience stores, bank branch locations, car washes and more.

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First Service Bank Raises $20M Capital

First Service Bancshares Inc. of Greenbrier raises $20 million as debt from 19 investors.

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Steve Stephens, Distinctive Voice of Arkansas, Dies at 90

Stephen Owen Stephens, whose fluid baritone made him a broadcast hall of famer and Arkansas' version of Dick Clark with his 1950s dance program "Steve's Show" on KTHV, actually had to work hard on that...

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ACHE Names Les Smith COO

The Arkansas Colleges of Health Education in Fort Smith promotes Les Smith to the position of chief operating officer.

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Relyance Bank Breaks Ground on New Headquarters

Relyance Bank held a groundbreaking Wednesday for its new 40,000-SF headquarters in White Hall, on Highway 270 just west of Interstate 530.

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Powell, Richards Made Partners at HoganTaylor (Movers & Shakers)

Jerrad Powell and Susan Richards have been named partners in the Little Rock office of HoganTaylor.

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Former Walmart Neighborhood Market Sold for $2.5M

The million-dollar transactions this week make a clockwise circuit from Maumelle to North Little Rock to east Pulaski County to west Little Rock.

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Wild River Country Gets New Owner

JTS Capital 3 LLC, an affiliate of JTS Capital Group of Waco, Texas, recovered the North Little Rock water theme park at a $1.5 million foreclosure sale.

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Video: Professional Development Key to Retaining Employees

James Schafer, the human resources director for Phigenics of Fayetteville, talks to Arkansas Business about how his company works to attract and retain workers.

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Loanpal to Open Bentonville Office, Create 100 Fintech Jobs

Loanpal of Roseville, California, a major lender for residential solar installations, says it will open a new operating center in Bentonville and create more than 100 financial technology jobs.

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New Boost for Minority Businesses in Underserved Communities

A new effort by Hope Enterprise Corporation aims to help small minority-owned businesses get access to capital and other tools to grow.

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Richard Cisne, Founder of Hudson Cisne & Co., Dies at 70

Richard Lee "Dick" Cisne, founder of Hudson Cisne & Co. who helped grow his company into one of the state's largest accounting firms, died Sunday. He was 70 years old.

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Presenting the 33rd Annual Arkansas Business of the Year Awards

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards.

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Many Businesses Continue Compensation During Pandemic

Since Jan. 1, 2020, about half of U.S. businesses continued to pay at least some of their workers told not to work because of the coronavirus pandemic, the federal Bureau of Labor Statistics reported...

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