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Monday, March 30, 2015, 4:24 a.m.
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David Smith

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Business reporter

Business reporter

Recent Stories by David Smith

Banks in Northwest Arkansas slowly recovering, expert says

posted: 03/29/2015 3 a.m. Discuss

Northwest Arkansas banks are slowly recovering from the recession and effects from it that hurt the area's economy, said a vice president with the Federal Reserve Bank of St. Louis.

Health of banks in state swelling

posted: 03/29/2015 2:01 a.m. Discuss

The financial condition of the 109 banks based in Arkansas has improved significantly in the past two years, said Candace Franks, commissioner of the Arkansas State Bank Department.

State jobless rate edges down to 5.5%

posted: 03/28/2015 1:59 a.m. Discuss

Arkansas' unemployment rate continued a slow decline in February, dropping to 5.5 percent from 5.6 percent in January, the U.S. Bureau of Labor Statistics said Friday.

Official: '20 goals weighed by EPA

posted: 03/28/2015 1:58 a.m. Discuss

The federal Environmental Protection Agency is considering softening its stance on the timeline for states to meet early guidelines of the Clean Power Plan, Colette Honorable, a commissioner with the Federal Energy Regulatory Commission, said Friday.

Governor touts amendments as boost

posted: 03/27/2015 1:50 a.m. Discuss

Gov. Asa Hutchinson is pushing for two amendments to the state's constitution that have economic development implications, he said Thursday at a luncheon for the state's economic development foundation.

Power grid operators work on payment deal

posted: 03/25/2015 2:24 a.m. Discuss

Two multistate electricity grid operators with facilities in Little Rock are trying to negotiate a compromise over payments for moving power over their transmission systems.

State's jobless rate slips in January

posted: 03/18/2015 2:15 a.m. Discuss

Arkansas' unemployment rate in January dipped to 5.6 percent from 5.7 percent in December, the U.S. Bureau of Labor Statistics said Tuesday.

Orbea to unify centers in NLR

posted: 03/14/2015 1:47 a.m. Discuss

International bicycle manufacturer Orbea, whose U.S. operation, Orbea USA, is based in Little Rock, plans to consolidate its West Coast and East Coast distribution centers into one location in North Little Rock.

State home sales rise by 5.1% in January

posted: 03/11/2015 2:19 a.m. Discuss

Home sales in Arkansas rose 5.1 percent in January compared with January last year, the Arkansas Realtors Association said Tuesday.

Helena's renewal becomes tangible after years of work

posted: 03/01/2015 2:15 a.m. Discuss

HELENA-WEST HELENA -- For more than 11 years, Southern Bancorp has spent millions of dollars to revitalize Helena-West Helena.

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