The Changing Landscape of Business Risk In the modern era, the pace of business is fast – but the pace of technological change is even faster. As a result, the landscape of business risks is constantly shifting and changing, and both entrepreneurs and investors need to be on top of the potential factors that could…
Simmons First National Corp., which expanded its reach into Oklahoma, Texas and Colorado in October, closed out its 2017 financial books with strong fourth quarter results and total assets topping $15.1 billion for the year, the Pine Bluff-based regional bank announced Monday (Jan. 22). For the period ended Dec. 31, Simmons reported net income of…
The University of Arkansas is a way of life for Scott Varady. Born in Fayetteville and raised in Little Rock, Varady was named in December 2015 as executive director and general counsel of the nonprofit Razorback Foundation, the private fundraising arm that raises millions of dollars in support of the university’s athletics department. He’d…
Bank OZK announced Wednesday (July 15) that it has entered into an agreement to sell its only two South Carolina branches. The bank has agreed to sell its Hilton Head Island and Bluffton, South Carolina branches to Sharonview Federal Credit Union headquartered in Indian Land, South Carolina. Terms of the deal were not disclosed….
For much of modern history, people have longed to find ways to temporarily escape the mundane and sometimes harsh realities of everyday life. Following the invention of the Gutenberg press, readers could use their imaginations to “get lost” in fiction books to take a break from all things ordinary. More recently, it has been inventions…
While many financial institutions distributed Paycheck Protection Program (PPP) loans to businesses affected by the COVID-19 pandemic, some lenders originated more loans on the national and local level. Bank of America, for example, accounted for roughly 7% of the 4.8 million PPP loans in the U.S., more than any other lender nationwide. In a…
Truckload companies operated in a favorable environment in the fourth quarter, but it wasn’t as strong as previous quarters in 2018. And capacity wasn’t as tight as it was in the peak season in 2017, analysts said. In a fourth-quarter earnings preview, trucking/transportation analyst Brad Delco and associate Scott Schoenhaus, both of Little Rock-based…
Westrock Coffee Company announced Tuesday (Aug. 3) the creation of a Financial Shared Services Center in Concord, North Carolina. The division will support the company’s domestic operations. Westrock Coffee acquired Concord-based S&D Coffee & Tea in February 2020 and the combined company now employs about 1,200 people globally. “We are pleased to announce the launch…
Are Teslas and other electric vehicles perfect for the environment? The answer is “no”, since nothing can be perfect. Electric vehicles are still a source of GHG emissions as a result of the manufacturing and raw material extraction processes. Further, and more importantly, lifetime emissions for electric vehicles also depend on the sources of fuel…