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David Smith

Photo of David Smith

Business reporter

Business reporter

Recent Stories by David Smith

State jobless rate falls to record low of 3.6%

updated: 04/22/2017 3:01 a.m. Discuss

Arkansas' unemployment rate dropped to 3.6 percent in March, its third-straight monthly record low, the U.S. Bureau of Labor Statistics said Friday.

Conway bank sets 1Q record

posted: 04/21/2017 4:30 a.m. Comment 1

Home BancShares, which owns Centennial Bank branches in four states, had record net income of $46.9 million in the first quarter, the Conway bank said Thursday.

Quarter for bank weaker this year

posted: 04/20/2017 2:18 a.m. Discuss

Simmons First National Corp. posted a profit of $22.1 million for the first quarter, down from $23.5 million in the same period last year, the bank reported Wednesday.

Photographer who sold collection to former North Little Rock photo archivist wins recovery

posted: 04/18/2017 4:30 a.m. Discuss

Marvin Newman, a professional sports photographer from New Jersey, won the recovery of his career archives in a unanimous jury verdict Monday in Pulaski County Circuit Court.

U.S. auction of One Bank draws state feelers

posted: 04/17/2017 2:03 a.m. Discuss

At least four Arkansas banks have shown interest in bidding for One Bank & Trust of Little Rock, according to an order in the federal government's lawsuit against OneFinancial Corp., the bank's holding company.

Little Rock bank sets vigorous pace to raise assets

posted: 04/16/2017 2:03 a.m. Discuss

On Tuesday, Little Rock-based Bank of the Ozarks reported record earnings of $89.2 million in the first quarter this year. It is the largest bank in the state, with $19.2 billion in assets.

Investor wins $42M judgment against former North Little Rock photo archivist John Rogers

posted: 04/13/2017 4:30 a.m. Discuss

William Hogan, an east Texas businessman, won a $42 million judgment on Wednesday against John Rogers, a former North Little Rock photo archivist, including more than $30 million in punitive damages.

Little Rock bank's 1Q profit sets a record; earnings hit $89M, up from $51.7M in ’16

posted: 04/12/2017 4:30 a.m. Discuss

Bank of of the Ozarks posted a record profit of $89.2 million in the first quarter this year, a 73 percent increase from $51.7 million in the first quarter last year, the Little Rock firm said Tuesday.

Cancer-drug system wins top prize

posted: 04/12/2017 2:14 a.m. Discuss

When Joshua Phillips' 85-year-old grandmother developed Stage III cancer, she required two surgeries.

Homes for sale in U.S. near 20-year low; In Little Rock metro area, February tally down 8.7% from 2012

posted: 04/10/2017 4:30 a.m. Discuss

The number of homes listed for sale nationally is near a 20-year low, according to industry data, and analysts say the low inventory means home sales will likely slow this spring.

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