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David Smith

Photo of David Smith

Business reporter

Business reporter

Recent Stories by David Smith

Little Rock bank revises 1Q loss to $7.8M

posted: 05/23/2017 4:30 a.m. Discuss

Heartland Bank lost $7.8 million in the first quarter, giving it $15.7 million in losses in the past five quarters, the Little Rock bank said in an amended first-quarter report with federal regulators on Friday.

REAL ESTATE TRANSACTIONS: Printer, apartment complex, store change hands; Little Rock port buys 2 tracts

updated: 05/22/2017 4:30 a.m. Discuss

The Watkins Co. of Little Rock sold its 12.7-acre site in the Otter Creek Industrial Park to Indian Bayou Farms LLC last month.

State jobless rate dips to 3.5%, U.S. says

updated: 05/20/2017 3:22 a.m. Discuss

Arkansas' unemployment rate continues to drop, hitting 3.5 percent in April compared with 3.6 percent in March, a record low for the fourth-straight month, the U.S. Bureau of Labor Statistics said Friday.

40 acres on North Little Rock riverfront purchased for mixed-use development

posted: 05/19/2017 4:30 a.m. Comment 1

An architect and developer has purchased about 40 acres near the Arkansas River in North Little Rock with plans to build a mixed-use development.

REAL ESTATE TRANSACTIONS: Main Street Lofts building in Little Rock sold to Arizona developer

updated: 05/15/2017 4:30 a.m. Discuss

Developers are taking another shot at renovations to property on Main Street in Little Rock.

Startups getting Little Rock tech stimulus

posted: 05/11/2017 4:30 a.m. Comment 1

Two companies from New York, one from Mexico City and one from Little Rock are among the 10 early-stage businesses chosen for the second Financial Technology Accelerator program, the Venture Center said Wednesday.

Stone Bank branch goes ... not live

posted: 05/07/2017 1:55 a.m. Discuss

The predecessor to Stone Bank in Mountain View wrestled with a federal cease-and-desist order for five years, but the bank now is at the forefront of banking technology in Arkansas.

Entergy CEO says future holds no new coal plants

posted: 05/06/2017 1:49 a.m. Discuss

Entergy Corp. doesn't expect to build any new coal-fired power plants, its chairman and chief executive officer said in an interview Friday after the New Orleans-based utility completed its annual shareholders meeting in Little Rock.

Windstream shrinks 1Q loss

posted: 05/05/2017 2 a.m. Discuss

Windstream Holdings lost $111 million in the first quarter compared with a loss of $232 million in the same period last year, the Little Rock telecommunications firm said Thursday.

At WEHCO, papers' chief, Jeffus, retiring; Georgian to fill spot

posted: 05/04/2017 4:30 a.m. Discuss

Jeff Jeffus, president of WEHCO Media's newspaper division, announced his retirement Wednesday. Mark Lane, corporate vice president of sales with Morris Communications in Augusta, Ga., will replace Jeffus, 69.

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