Average US 30-Year Mortgage Rate Ticks Up to 3.45 Percent
WASHINGTON — Long-term U.S. mortgage rates edged higher this week, though rates remain at historically low levels. Mortgage giant Freddie Mac said Thursday the average for the benchmark 30-year...
View ArticleSale of Former Remington College Exceeds $4.3 Million (Real Deals)
A 35,000-SF building in west Little Rock tipped the scales at $4.38 million. EAI Realty Inc., an affiliate of Education America Inc. of Heathrow, Florida, sold the former home of Remington College at...
View ArticleUnemployment Rates in Arkansas Cities Vary Widely
Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the...
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Power and Pain of Consensus (Barry Goldberg On Leadership)
I trained for facilitation work in the lineage of Sam Kaner, the author of “Facilitator’s Guide to Participatory Decision-Making.” Kaner’s company, Community at Work, stresses consensus in all...
View ArticleTownsell, King Take New Roles at Centennial Bank (Movers & Shakers)
Donna Townsell has been promoted to director of marketing for Centennial Bank of Conway, and Eric King has been named senior business development officer. Townsell is a nine-year employee of the bank,...
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The Truth Is Out There (Gwen Moritz Editor's Note)
(A correction has been made to this column. See end for details.) Last week, the Washington Post published, in an impressively interactive online version, a story about a 2007 deposition of Donald...
View ArticleArkansas Homeowners No Longer Playing With House Money
Once upon a time, homeowners thought it was perfectly fine — smart even — to carry greater debt on their houses and take out the equity as cash for investments. Ten years ago, Arkansas Business...
View ArticleArkansas Employers Help With Retirement Advice, Tools
David George doesn’t apologize for using scare tactics when he gives seminars at part of the Investor Education Program for the Arkansas Securities Department. George worked 30 years in the financial...
View Article'Problem Assets' Spur Fundraising at Heartland Bank
Did you know Rock Bancshares Inc. of Little Rock, the parent company of Heartland Bank, is raising $3 million? The money will be used “to meet the working capital needs of the holding company while...
View ArticleSPONSORED: New Regulations Affect Trustees Of Retirement Plans
Being a trustee of our company retirement plan reminds me of the Biblical character Job, who asked, "Where shall wisdom be found and where is the place of understanding?” Retirement plan administration...
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3 Things Every Business Should Know About Attorney-Client Privilege (Rodney...
Businesses, especially small businesses, have limited resources within the business to address risks and challenges, and the prospect of involving someone outside the business causes privacy concerns....
View ArticleMike Malone Stepping Down As Northwest Arkansas Council CEO
Mike Malone announced he will leave the Northwest Arkansas Council where he has served as president and CEO of the nonprofit since 2006. Malone will stay with the council until mid-September when he...
View ArticleHoliday Inn Express Sale Checks In at $5.1 Million (Real Deals)
A 69-room hotel in North Little Rock weighed in at $5.15 million. CDRN NLR LLC, led by Ishverbhai Govind, purchased the Holiday Inn Express at 4306 E. McCain Blvd. The seller is Kilpatrick Hotels Two...
View ArticleOK Foods Promotes Pair in Fort Smith (Movers & Shakers)
Amy Szadziewicz has been promoted to vice president of quality and food safety at OK Foods Inc. of Fort Smith, and Brent Glasgow has been promoted to vice president of operations. Both are previous...
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Presumed Innocent (Gwen Moritz Editor's Note)
I hope you got a chance to read Senior Editor Mark Friedman’s law column last week, which belatedly broke the news that federal prosecutors in Little Rock had quietly dismissed last month all remaining...
View ArticleBank of the Ozarks Getting Ready for Groundbreaking on New HQ
Remember the new corporate headquarters development in the works for Bank of the Ozarks in west Little Rock? You know, the one we told you about in January? The $17.9 billion-asset lender acquired more...
View ArticleFDIC Orders Allied Bank to Improve Equity Capital or Sell
Allied Bank of Mulberry (Crawford County) was ordered to take action to improve its equity capital or strike a deal to sell during the next 30 days. The Federal Reserve Bank of St. Louis issued the...
View ArticleFederal Reserve Orders Allied Bank to Improve Equity Capital or Sell
Allied Bank of Mulberry (Crawford County) was ordered to take action to improve its equity capital or strike a deal to sell during the next 30 days. The Federal Reserve Bank of St. Louis issued the...
View ArticleYellen, in Speech Friday, Could Send Signal About Next Hike
WASHINGTON — The job market is humming, and so are the U.S. financial markets, with major stock indexes near record highs. All that would normally trigger a green light for the Federal Reserve to raise...
View ArticleAverage US 30-Year Mortgage Rate Unchanged at 3.43 Percent
WASHINGTON — Long-term U.S. mortgage rates didn't budge this week, remaining at historically low levels that continue to lure prospective home buyers. Mortgage giant Freddie Mac said Thursday that the...
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