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Brandon Martin, Jeff Rutledge Elected to 4-Year Terms on AgHeritage Board

Nine shareholders were elected to serve on the nominating committee.

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Van Buren Attorney Accused of Charging Alma Siblings 'Unconscionable' Fees

Van Buren attorney Gentry C. Wahlmeier is accused of charging two developmentally disabled Arkansans nearly $200,000 for basic work that should have taken at most a few hours.

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Bankruptcy Trustee Wants Doctor To Pay Her $1.6M Debt

The acting United States trustee, filed a complaint in November seeking a denial of her discharge, which, if successful, would prevent Dr. Gast from being excused from paying her debts.

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Brian Emison Named Senior VP of Operations at FNBC of Ash Flat (Movers &...

He has also joined the bank’s senior management team.

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The Great Grift: How Billions in COVID-19 Relief Aid Was Stolen or Wasted

An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent.

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Cases of Check Fraud Escalate Dramatically, with Americans Warned Not to Mail...

Banks issued roughly 680,000 reports of check fraud to the Financial Crimes Enforcement Network, also known as FinCEN, last year. That's up from 350,000 reports in 2021.

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Consumer Price Growth Slowed Last Month as Inflation Shows Signs of Steady...

Measured year over year, inflation slowed to just 4% in May — the lowest 12-month figure in over two years and well below April's 4.9% annual rise.

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Extended Stay Hosts $4.5M Transaction (Real Deals)

The 84-room hotel in west Little Rock was purchased by SAI Bentonville LLC.

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The Venture Center to Host Biannual Pitch Competition June 28

Entrepreneurs will pitch products and business ideas and compete to win $3,000.

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Fed Keeps Rates Unchanged for First Time in 15 Months, but Signals More...

The central bank's 18 policymakers envision raising their key rate by an additional half-point this year, to about 5.6%, according to economic forecasts they issued Wednesday.

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A Note for Our Banking & Finance Enews Subscribers

Starting next week, Arkansas Business is merging its Investments e-newsletter with its Banking & Finance e-newsletter.

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Retail Sales Rose 0.3% in May Despite Higher Inflation, Interest Rates

Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs.

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State Unemployment Rate Falls to New Low of 2.7%

It was the eighth consecutive month of employment gains in the state.

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Arkansas Business Announces 2023 'Best Places to Work' Honorees

Fifty companies will be recognized at an event Sept. 12 at the Statehouse Convention Center and in a supplement of Arkansas Business.

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Private Companies See Solid Revenue Growth for 2022

Mountaire Corp. of Little Rock remained the largest private company headquartered in Arkansas as measured by revenue in fiscal 2022.

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Former Relyance Bank Senior Trust Officer Banned for Misappropriating Funds

The employee was banned from working in the banking industry after allegedly misappropriating $384,000.

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Rod's Pizza Sold for $650,000

That sum covered a settlement that called for Rod’s Pizza to pay the IRS $600,558 for back taxes for 2014-17.

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CEO Bill Sowell on Expanding into NWA

Earlier this year, Sowell acquired Sector Grid Advisors of Rogers, which has about $120 million under management.

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The Tools They Need (Lance Turner Editor's Note)

Our reporting shows that two groups keeping watch on Arkansas elected officials might need more help.

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First Community Bank of Batesville Names 4 to Board of Directors, NWA Market...

The board will oversee the growth of the bank in northwest Arkansas.

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