Encore Bancshares Announces Four New Board Members (Movers & Shakers)
Garrett Frost, Rita Lowman, Chad McNair and Mark Richardson will serve on the board.
View ArticleAfter $30M Merger, Abaca Says Mission Remains the Same
In the weeks after Arkansas cannabis financial firm Abaca was acquired for that amount by Colorado’s SHF Holdings Inc. late last year, Abaca co-founder Dan Roda says in some ways, very little.
View ArticleProposed Ban on Noncompetes Generates Concerns
A labor law attorney’s advice to companies concerned about the Federal Trade Commission’s proposed rule that would block employers from asking workers to sign noncompete agreements? Don’t panic.
View ArticleSurvey: Firms Expect Job Cuts in '23 Amid Recession Fears
However, due to inflation, the survey shows that businesses still expect to pay higher wages for the workers they are holding onto.
View ArticleDisgraced Judge Accuses Relative of Bank Snooping
Former District Court Judge Joseph Boeckmann has sued his sister-in-law, a bank employee in Wynne.
View ArticleSimmons Posts Record Revenue, Lower Profit in 2022
The bank reported slowing activity in its commercial loan pipeline, which it attributed to "softening prospects of economic growth."
View ArticleState Unemployment Rate Declines to 3.6%
Gains were reported in manufacturing and education, while retail payrolls declined.
View ArticleUS Economy Slowed But Still Grew at 2.9% Rate Last Quarter
Most economists think the economy will slow further in the current quarter and slide into at least a mild recession by midyear.
View ArticleAverage Long-Term Mortgage Rate at Lowest Level in 4 Months
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched down to 6.13% from 6.15% last week. A year ago the average rate was 3.55%.
View ArticleSt. Louis Fed Promotes Matuschka Lindo Briggs to Senior VP
She's now senior vice president and regional executive of the bank's Little Rock branch.
View ArticleSale Price Revealed for Murphy Oil HQ in El Dorado
First Financial Bank is moving its headquarters there from the First Financial Centre at 214 N. Washington Ave.
View ArticleFayetteville Company Sues Jonesboro Firm Over Unpaid Loans
Moneyball LLC filed a lawsuit against Rice SAC Investments LLC of Jonesboro for loans borrowed in May 2022.
View ArticleOfferings Surpass $700M in 2022
Banking and real estate proved to be popular venues for in-state offerings.
View ArticleLeaders Give the Team What They Need (Barry Goldberg On Leadership)
A leader’s job: Provide the team with what they need to remain engaged and focused.
View ArticleJudge Denies Request for Warren Stephens' Records in LIV Golf-PGA Tour Dispute
LIV Golf wanted access to all communications between PGA board members and certain Augusta National members, including Stephens, as part of an antitrust lawsuit.
View ArticleFed, Set to Impose Smaller Hike, May Hint of Fewer Increases
A change in its statement, if there is one, could be seen as signaling an eventual pause in the Fed's aggressive drive to raise borrowing costs.
View ArticleIMF Upgrades Outlook for the Global Economy in 2023
It now expects the world economy to grow 2.9% this year. That forecast is better than the 2.7% expansion for 2023 that the IMF predicted in October.
View ArticleWhite River Bancshares' Profit Falls in Q4, Full Year
Expansion expenses hit income, but they also contributed to double-digit percentage gains in loans and deposits.
View ArticleFed Lifts Rate by Quarter-Point, Says Inflation is Easing
The Fed's rate increase Wednesday, though smaller than its half-point hike in December and the four three-quarter-point hikes before that, will likely further raise the costs of many consumer and...
View Article