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…
Arkansas had 18,549 fewer employed in March compared to March 2020, with 60% of the job losses coming from the state’s hard hit tourism sector, according to Friday’s (April 16) report from the U.S. Bureau of Labor Statistics (BLS). The state’s jobless rate in March was 4.4%, down from 4.5% in February and below…
Montrose Environmental Group Inc. said Tuesday (Aug. 10) it will locate its principal executive office from Irvine, Calif., to North Little Rock. The move is expected to create 90 new, high-paying jobs eventually. State officials said they offered tax incentives to lure the company’s move, including the create rebate and tax back programs. Publicly-traded…
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…
The “significant fracture” that shut down the 48-year-old Hernando de Soto Bridge across the Mississippi River between West Memphis and Memphis on Tuesday (May 11) could have led to a “catastrophic event,” according to Arkansas Department of Transportation (ArDOT) Director Lori Tudor, and it’s too early to tell when either a short-term or…