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Thursday, September 03, 2015, 4:03 a.m.
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David Smith

Stories by David

Lost $3.9M from fraud, bank reveals

posted: 09/01/2015 2:57 a.m. Comment 1

First National Bank of Lawrence County, based in Walnut Ridge, has been the target of a $3.9 million fraud, the bank acknowledged Monday.

News in brief: Wal-Mart Foundation targets kids nutrition

posted: 09/01/2015 2:49 a.m. Discuss

The Wal-Mart Foundation has donated $10.5 million worth of grants as part of a commitment to increase access to food and nutrition education for children.

NW banking is mixed bag, analysis finds

posted: 08/30/2015 3:15 a.m. Comment 1

Depending on what criteria are used, the Northwest Arkansas metropolitan area has one of the most -- or least -- competitive banking markets in the country.

News in brief: Banks in Arkansas log $70.3B in assets

posted: 08/29/2015 3:03 a.m. Discuss

The 106 banks in Arkansas had total assets of $70.3 billion on June 30, according to data supplied by the Federal Reserve Bank of St. Louis.

News in brief: Filing: Ex-archivist crept in, took items

posted: 08/28/2015 2:04 a.m. Discuss

Michael McAfee, the receiver in several lawsuits involving former photo archivist John Rogers of North Little Rock, filed a motion Thursday for Rogers to be held in contempt of court.

News in brief: Elderton new leader of Hot Springs paper

posted: 08/26/2015 2:23 a.m. Discuss

Bill Elderton, former general manager for the Hot Springs Village Voice, was named general manager of the Sentinel-Record in Hot Springs on Tuesday.

3 execs in state pocket $19M each

posted: 08/23/2015 3:51 a.m. Discuss

Officers at Wal-Mart and Tyson Foods were the highest paid public company executives in Arkansas last year, with the top three earning more than $19 million each.

State unemployment drops to 5.6%

posted: 08/22/2015 2:06 a.m. Discuss

Arkansas' unemployment rate dropped to 5.6 percent in July compared with 5.7 percent in June, the U.S. Bureau of Labor Statistics said Friday.

Steel-industry leader Correnti dies

updated: 08/19/2015 7:46 a.m. Comment 1

John Correnti, the visionary who guided the creation of three steel mills in Mississippi County and others outside Arkansas, died Tuesday in Chicago. He was 68.

Alliance recruits 2 more scholars

posted: 08/14/2015 2:26 a.m. Discuss

The Arkansas Research Alliance, a group that recruits high-technology experts to the state, on Thursday announced two more research scholars, a scientist who specializes in energy storage and an engineer who studies experimental cardiovascular surgery.

Home sales in state jump 15% in June

posted: 08/14/2015 2:18 a.m. Discuss

Home sales in Arkansas jumped 15 percent in June with 3,113 homes sold, the Arkansas Realtors Association said Thursday.

Business news in brief: Bank awards $1.1M in housing grants

posted: 08/11/2015 1:51 a.m. Discuss

The Federal Home Loan Bank of Dallas said Monday that it has awarded more than $1.1 million in Affordable Housing Program grants to create or rehabilitate 163 housing units in Arkansas.

Detail on deal for solar farm slips out: 5ยข

posted: 08/10/2015 2:28 a.m. Comments 2

Entergy Arkansas intends to pay a little more than 5 cents per kilowatt-hour for electricity from a proposed solar farm near Stuttgart.

News in brief: Bank sues archivist over $3.5M in loans

posted: 08/07/2015 1:57 a.m. Discuss

Centennial Bank sued John Rogers, a North Little Rock archivist, his ex-wife Angelica and two businesses Thursday for more than $3.5 million for failure to make payments on four loans.

Business news briefs: Bear State reports earnings of $2.5M

posted: 08/01/2015 1:55 a.m. Discuss

Bear State Financial earned $2.5 million in the second quarter, the Little Rock bank said Friday.

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