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Skyline Report: More Permits Issued, Home Prices Continue to Rise

More building permits were issued in northwest Arkansas last year than have been issued any year since 2006, according to the latest Arvest Bank Skyline Report. At the same time, the average price for...

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US New-Home Sales Rose 3.7 Percent in December

Sales of new U.S. homes climbed in December to their highest pace in seven months, a sign that lower mortgage rates are helping the real estate market.

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Tommy May Gets 1st 'Legacy of Leadership' Honor; Garver, Blankenship Win...

Dan Williams of Garver and Lynn Blankenship of Cooperative Christian Ministries and Clinic won executive of the year awards, and former Simmons First National Corp. CEO J. Thomas "Tommy" May was...

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Lyon College Receives $1M Gift

Lyon College in Batesville has received a $1 million gift from the John W. Edwards trust — the largest-ever gift for the college from a Batesville resident.

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Southern Bancorp Selects Community Relations Leaders (Movers & Shakers)

LaRay White and Brooke Beck have been promoted to community relations leaders for Southern Bancorp in Little Rock. White will be representing Blytheville and Beck will be serving Arkadelphia in their...

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Capital Bank Brings On New Leadership

Chris Roberts is chairman and CEO at at Capital Bank in west Little Rock effective last month. Joining him this month as vice chairman and president is Phillip Jett.

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Abaca Prepares to Bank Marijuana Businesses, Customers

A Little Rock company that originally planned to offer medical marijuana consumers a cashless method for filling their prescriptions has broadened its scope to include financing for marijuana-related...

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Need Cannabis Marketing? Perhaps This Bud’s for You

Elizabeth Michael has teamed up with Martin Thoma of Thoma Thoma to create Bud Agency, the marketing and PR firm devoted to the new medical marijuana industry.

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Cardinal Health Project Attracts $7M Transaction (Real Deals)

Cardinal Sherwood LLC of Marina Del Rey, California, bought the 71,005-SF office building at 5426 Landers Road in Sherwood.

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State Unemployment Unchanged at 3.7 Percent, Due to Revision

Arkansas' unemployment rate was 3.7 percent in January and unchanged from the previous month because December’s rate was revised up, to 3.7 percent from 3.6 percent.

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Unclaimed Assets Bill, Now Headed to Governor, No 'Cash Grab,' Auditors Say

A bill passed by the Legislature this week addresses the management of unclaimed assets taken by the state, but supporters say the proposal does not amount to the kind of revenue grab described by...

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Stock Awards Push Simmons CEO's Total Pay to $4.6M

Simmons First National Corp. Chairman and CEO George Makris Jr. saw his total compensation double in 2018, to $4.6 million from $2.3 million in 2017, according to the company’s proxy statement filed...

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Johnny Allison: Scenes From A Life in Business, Banking

Home BancShares Inc. Chairman Johnny Allison shares anecdotes from a life in business and banking during a meeting of the Conway Area Chamber of Commerce.

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Arkansas Ranks Low in Economic Clout of Women-Owned Businesses

Arkansas ranks in the bottom 11 states in terms of the “economic clout” of women-owned businesses, according to the 2018 State of Women-Owned Businesses Report commissioned by American Express. (Eleven...

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Premier Medical Plaza Construction Proceeds Despite Loan Hiccup

Construction on the $35 million Premier Medical Plaza was halted for about two weeks because the construction loan didn’t close as expected.

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Roche, Vanhoozer Named Arvest Private Bakers (NEA Movers & Shakers)

Teresa Roche and Deania Vanhoozer are new private bankers for Arvest Bank in Jonesboro. Ryan Kimbrough has been hired to direct client relations at Baugh Financial.

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China’s Opportunity Zones Thrived. Arkansas' Can Too. (Lisa Ferrell Commentary)

We need to be investing in opportunity zones — in Arkansas and across the country — and we need to be doing it now.

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FIS Spends $35B on Worldpay as Digital Payments Surge

Fidelity National Information Services is buying Worldpay for about $35 billion with financial transactions increasingly moving online.

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Survey: Top CEOs Report Weaker Economic Outlook for 1Q

Top U.S. CEOs are reporting that their economic outlook weakened in the first three months of the year although it remains above its historical average.

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Federal Reserve Signals No Rate Hike in 2019

The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases.

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