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Monday, June 27, 2016, 8:17 a.m.
Top Picks - Capture Arkansas

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David Smith

Stories by David

Creditor to hand Little Rock bank to U.S.

posted: 06/24/2016 5:45 a.m. Discuss

BHL Financing LLC, a Benton County firm owned by billionaire Johnelle Hunt, has agreed to transfer its interest in One Financial Corp., the parent company of One Bank & Trust Co. of Little Rock, to the U.S. Department of the Treasury, court documents indicate.

Four of state's banks generate most profits

posted: 06/19/2016 2:05 a.m. Discuss

Four of the largest banks in Arkansas are so profitable that they are masking the overall profitability of the state's banking industry, an executive with the Federal Reserve Bank of St. Louis said last week.

Arkansas jobless rate dips to 3.8%, a 59-year low

posted: 06/18/2016 5:45 a.m. Comments 3

Arkansas' unemployment rate slipped to 3.8 percent in May, the lowest since records dating to 1957, the U.S. Bureau of Labor Statistics said Friday.

Deal hit in Arkansas utility charges dispute

posted: 06/15/2016 5:41 a.m. Comments 2

Martha Peine of Eureka Springs started a regulatory battle against one of the largest electric companies in the country two years ago and reached a $4.2 million settlement Monday.

Millennial buyers are finding own houses

posted: 06/05/2016 1:51 a.m. Discuss

Millennials, the generation between ages 18 and 35, are changing the way real estate firms market their homes.

LR program gives startups a nudge along

posted: 05/30/2016 2:11 a.m. Discuss

Only hours before he was to make a presentation about his startup business, Greg Ellis decided to change the focus of the firm, Mortgage Peer Network.

State companies honored as exporters

posted: 05/25/2016 2:10 a.m. Discuss

Oscar Cozzini started his Arkansas stone company, RH Preyda, only 2½ years ago, and he has already more than tripled revenue and doubled the number of employees.

State's 3.9% jobless rate sets modern-era record

posted: 05/21/2016 2:02 a.m. Comment 1

Arkansas' unemployment rate fell to 3.9 percent in April, dropping below 4 percent for the first time since reports were issued, the U.S. Bureau of Labor Statistics said Friday.

Simmons CEO sees purchase as a start

posted: 05/20/2016 2:08 a.m. Discuss

With its agreement to buy an east Tennessee bank, Simmons First National Corp. now has a base to build business in two nearby metropolitan areas -- Chattanooga and Knoxville -- George Makris, Simmons' chairman and chief executive officer, said Thursday.

In deal, Pine Bluff bank to widen its reach

posted: 05/19/2016 2:12 a.m. Discuss

Simmons First National Corp. has agreed to acquire Citizens National Bank of Athens, Tenn., the Pine Bluff bank said Wednesday.

Launchers back in East Camden

posted: 05/18/2016 5:45 a.m. Discuss

Lockheed Martin's East Camden plant will restart production this year of the High Mobility Artillery Rocket System launcher and the Tactical Missile System, the Bethesda, Md., firm said Tuesday.

Mentor program for execs set in LR

posted: 05/17/2016 2:12 a.m. Discuss

Ten startup companies -- with headquarters from North Little Rock to Nigeria and Switzerland -- have been chosen to participate in a 12-week program collaborating with the Venture Center and FIS Global, the Venture Center said Monday.

State's sweet talk snagged pulp mill

updated: 05/14/2016 3:16 a.m. Discuss

Arkansas was hours away from losing a $1 billion pulp mill project near Arkadelphia last month, Gov. Asa Hutchinson says, in what would have been a disappointing end to a five-year courtship. But last-minute meetings to promote the state's resources prevented the project from landing in Mississippi.

Fed economist foresees labor shortage in Arkansas' future

posted: 05/13/2016 1:58 a.m. Discuss

Arkansas' economy is booming -- with an unemployment rate of 4 percent that hasn't been seen in almost 60 years -- but there's some concern about the state's shrinking workforce, an economist said Thursday at an annual meeting of the Arkansas Bankers Association.

Bank of Ozarks shares still sliding

posted: 05/06/2016 2:12 a.m. Discuss

Bank of the Ozarks' shares dropped almost 15 percent during the trading day Wednesday after an investor at an investment conference said he was short-selling the stock.

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