Mortgage Rates Boosted US Home Sales 1.3% in August
U.S. home sales rose 1.3% in August to the highest level in 17 months, as mortgage rates near historic lows have spurred a rush of home-buying.
View ArticleArkansas Unemployment Rate Unchanged at 3.4%
Arkansas' unemployment rate remain unchanged at 3.4% between July and August, the state Division of Workforce Services said Friday.
View ArticleRestaurateur Mark Abernathy Dishes on Dips, Tips and the Demise of Juanita's
Mark Abernathy has known success and failure during his 49 years of experience in the restaurant industry, and he knows what it takes to make a memorable cheese dip.
View ArticleWoodland Heights Draws $37.7M Transaction (Real Deals)
An affiliate of New York’s White Oak Healthcare Finance purchased the 146-unit senior living project at 8700 Riley Drive in west Little Rock.
View Article'A Relentless Drumbeat' (Gwen Moritz Editor's Note)
Millions of Americans have student loan debt without having finished a degree, a prospect that makes my stomach hurt. That kind of debt generally cannot be discharged even in bankruptcy.
View ArticleMergers Unmasked in List of Banks by ROA
For the list this week, we crunched bank data from Dec. 31 in a way we haven’t in a few years: by return on assets.
View ArticleLawyers Become Unintended Beneficiaries of Michael Lasiter Estate
The ongoing dispute over the estate of Little Rock construction executive Michael Lasiter has escalated between his widow and the trustee administering assets ballparked around $50 million in court...
View ArticleUS New Home Sales Climbed 7.1% in August
U.S. new home sales jumped 7.1% in August, as low mortgage rates pull buyers into the housing market.
View ArticleKelley Linck Shifts to Lobbying Group (Movers & Shakers)
Kelley Linck will join the Mullenix & Associates lobbying firm in Little Rock in mid-October.
View ArticleMcPike Named SVP at First Security Bank in Jonesboro (Movers & Shakers)
John McPike has been promoted to senior vice president at First Security Bank’s main banking center in Jonesboro.
View ArticleRazorback Foundation Makes $6M Deal (NWA Real Deals)
The Razorback Foundation sold 232 acres in south Fayetteville for $6 million to Ashton McCombs, president of the water treatment company Phigenics.
View ArticlePark Avenue Lofts Hosts $34.2M Transaction (Real Deals)
An affiliate of RREAF Holdings of Dallas purchased the 258-unit apartment project in midtown Little Rock.
View ArticleMaumelle’s New I-40 Interchange Just Weeks from Opening
Completion of a new $14.6 million interchange is about five weeks away from providing Maumelle Boulevard motorists with a long-awaited alternative interstate access.
View ArticleA Movement to Save the Future (Commentary)
Action must be taken now to ensure long-term economic security for women. That is why organizations such as the Women’s Foundation of Arkansas, Southern Bancorp Community Partners, Southern Bancorp...
View ArticleChange to Simmons Bank Arena Official This Week
Verizon Arena in North Little Rock will become Simmons Bank Arena this week. The 15-year deal is worth $10.5 million.
View ArticleAmy Fecher, Darrin Williams Among Execs at 2020 Executive Leadership Academy
Arkansas Secretary of Government Transformation and Shared Services Amy Fecher and Southern Bancorp CEO Darrin Williams are among executives scheduled to speak as part of the 2020 Arkansas Business...
View ArticleMobley, Johnson Advance at First Financial (Movers & Shakers)
Craig Mobley has been promoted to chief operating officer of First Financial Bank of El Dorado, and Chris Johnson has been named regional market president for the state of Arkansas.
View ArticlePoverty Rate in the U.S. Drops; Arkansas Stands at 17.2%
The poverty rate in the United States dropped last year to 13.1%, down from 13.4% in 2017, the U.S. Census Bureau reported late last month. It was the fifth straight annual drop, according to American...
View ArticleCompanies Can Act Responsibly and Innovate Too (Rodney Ferguson Commentary)
Fighting policies that protect workers from disruption should unite the left, right and center — and should bring into clear focus the point at which corporations should rightly cede responsibility for...
View ArticleHome Bank Takes Second-Quarter Lick
Portland’s Home Bank of Arkansas posted a $640,000 loss for the quarter ending June 30.
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