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Arkansas Business Announces 'Best Places to Work' Honorees, Live Event

Arkansas Business will honor 50 companies designated among this year's "Best Places to Work" during a live event in September at the DoubleTree Little Rock.

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Task Force Suggests Strategies to Move Arkansas' Economy Beyond COVID-19

Arkansas can implement a range of strategies in six key areas to guide itself out of the economic harm caused by the COVID-19 pandemic, according to a report commissioned by the governor's Economic...

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Fed Officials Discussed Potential Reduction in Stimulus

Federal Reserve officials started discussing at their meeting last month the timing and mechanics of reducing their huge monthly bond purchases, which are used to keep longer-term interest rates in check.

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Simmons Bank Opens New Office in Nashville

Simmons Bank opens a corporate banking office in the Gulch Union office building at 1222 Demonbreun St. in downtown Nashville, Tennessee.

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As Sales Signal Rebound, Arkansas Brewers Discuss Lessons Learned

If philosopher Friedrich Nietzsche was right — if, in fact, that which does not kill us makes us stronger — then the Arkansas craft brewers who weathered the pandemic storm of 2020 appear to be...

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Arkansas Distilleries, Wineries Cheer Customers’ Return

After a year in the barrel, spirit makers in Arkansas welcome tasters and tours.

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Simmons Bank Gathers Weight in Volunteer State

By some measurements, Tennessee will rival Missouri as the second-largest market for Simmons Bank after its pending acquisitions of Landmark Community Bank in Collierville and Triumph Bank in Memphis.

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Success Credit Union Recognized by Forbes

Success Credit Union of Blytheville received a dose of media love courtesy of Forbes, which named it the best credit union in Arkansas on June 24.

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Quapaw House Faces Foreclosure

Quapaw House Inc., the troubled Hot Springs drug and alcohol treatment provider that is no longer operating, recently entered into a consent judgment for $1.43 million with Relyance Bank.

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Williams Named Partner at Rasco Winter Thomas (Movers & Shakers)

Robbie Williams has been promoted to partner at Rasco Winter Thomas Group of Little Rock.

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Powell: Inflation, Though Elevated, Will Likely Moderate

Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months" before “moderating."

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Fed Survey: U.S. Economy Strong But Hindered by Bottlenecks

The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks that led to price hikes.

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Home BancShares' Q2 EPS Beat Wall Street Expectations

Home BancShares Inc. of Conway reports second-quarter profit of $79.1 million, up 26% from the same quarter last year.

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Arkansas Unemployment Rate Unchanged for 3rd Month

Arkansas' unemployment rate remained unchanged for the third month in a row, at 4.4% from May to June.

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Elizabeth Burns Anderson Lays Foundation for Economic Impact

Elizabeth Burns Anderson, a fifth-generation banker and Magnolia native, was named executive director of the new Farmers Bank Foundation in May.

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Hum Advances at Stone Bank (Movers & Shakers)

Patrick Hum has been promoted to financial planner and analyst in the Little Rock office of Stone Bank of Mountain View.

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Arkansas Q1 GDP Rises 6.9%

Real gross domestic product rose in all 50 states and the District of Columbia in the first quarter of 2021.

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Changing Jobs in Banking? Be Aware (Robert Smith Commentary)

Bankers and their new employers are advised to consider a few steps to mitigate legal risks. A recent Federal Reserve lifetime ban on two Wyoming bankers is an alarming reminder of the severity of...

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Former Premier Bank Employee Indicted for Embezzlement

A 61-year-old Crittenden County woman was recently indicted by a grand jury on a charge of embezzling money from Premier Bank of Arkansas.

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Tight Inventory, Low Rates Fuel Mortgage Market

A year ago, Arvest Bank crossed the $2 billion mark in mortgage volume in late June. This year, the bank soared past that mark in May, the earliest in company history.

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