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Heck Promoted at Arvest (Movers & Shakers)

Doug Heck has been named the executive director of Arvest Bank’s consumer lending division in Fayetteville.

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Rewarding Failure (Editorial)

From Wells Fargo to the Razorbacks, severance packages are getting heavy for those given the heave-ho.

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Midtown Med Offices Combine for $34M Sale (Real Deals)

Tandem transactions in midtown Little Rock introduced new ownership to neighboring medical office buildings.

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AFCU Adds Sherwood to Expansion

Arkansas Federal Credit Union recently acquired a former Twin City Bank location in Sherwood for $535,000 from JWJ Investments LLC of North Little Rock, led by Steven Jenkins.

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Here Are Nominees for the 32nd Annual Business of the Year Awards

Arkansas Business announces 35 businesses, nonprofits and executives from around the state as finalists for its 32nd Annual Business of the Year Awards.

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Shane Sweetin Sentenced to 33 Months for Lying on Loan Applications

Marcus Shane Sweetin of Little Rock was sentenced Wednesday to 33 months in prison for making false statements on loan applications, costing AgHeritage Farm Credit, BancorpSouth Bank and Regions Bank...

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Clintons Focus on Economic Inequality at Little Rock Conference

Former President Bill Clinton said efforts to increase access to credit and financial assistance in underserved areas can help bridge America’s partisan divide, as he and his wife, former Secretary of...

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US Home Sales Rose 1.9% Last Month, Lifted by Lower Rates

Americans took advantage of lower mortgage rates and purchased more homes in October, though sales were held back by a shortage of available properties.

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Wish, Johnson Given New Roles at First Service Bank (Movers & Shakers)

Kevin Wish has been hired as the new community market president and senior loan officer at First Service Bank in Conway. Dawn Johnson is the new small-business and consumer loan officer.

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Chenal Valley Office Land Attracts $3.7M Transaction (Real Deals)

Bella Casa LLC, led by Terry Fleming, acquired the 5.87-acre site at the southwest corner of Chenal Parkway and St. Vincent Way.

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NLR Investor Pays $6.7M for Fayetteville Land (NWA Real Deals)

A North Little Rock real estate developer paid $6.7 million for 38 acres just off Interstate 49 in uptown Fayetteville.

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UA Hopes New Degree Will Fill Data Need

Business leaders partner with educators in devising a flexible, unique program.

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US Economy Grew at Moderate 2.1% Annual Rate Last Quarter

The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter.

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US Economy Looking Durable Despite Risks From Trade Conflict

A series of government reports Wednesday cast a picture of a steadily growing U.S. economy, fueled by solid consumer spending and defying threats — at least for now — from a U.S.-China trade war and a...

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Automation Will Change Auditing Profession in Arkansas

Artificial intelligence is coming for auditors — and accountants in general — but it will change what they do, not take their jobs, according to Arkansas accounting professionals.

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A Bitcoin ATM Company With Little Rock Roots

Coinsource of Fort Worth sells bitcoins through nearly 400 special ATM kiosks at gas stations and convenience stores across the country, including two in the Little Rock area and another in...

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Writing Hits Wall at NanoMech

NanoMech Inc. attracted about $11 million in financial support from the Arkansas Economic Development Commission between 2008 and 2014. But after that mix of tax credits, grants tied to job creation,...

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Judge Tosses Homeowner’s $1.1M Insurance Claim

A federal judge recently sided with an insurance company against a Crawford County man who said he had amassed nearly $600,000 worth of furnishings in less than five years between bankruptcy and a...

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Maumelle Storage Center Hosts $2.5M Transaction (Real Deals)

Red Dot Storage 180 LLC of Louisville, Colorado, bought the Storage Spot at 98 Commercial Park Court from Maumelle Storage Center LLC, led by Graham Smith.

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New Generations Bank Coming to Bentonville

Generations Bank of Rogers is adding to its Benton County presence with a planned branch at 600 SW 41st St. in Bentonville. The full-service office represents No. 10 for the $524 million-asset lender.

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