By the end of 2019, Arkansas had already made significant inroads against student loan defaults for six years straight, hovering only 0.3% above the national average of 10.4%, but a recently passed state law aims to improve that number by keeping students informed.
A newly-introduced bill, the Ivory Tower Tax Act, seeks to support vocational education with a 1% tax on the endowments of the nation’s wealthiest private colleges, and require them to draw down 5% of their endowment value annually.
Cypress Cold Storage recently invested $13 million in an expansion of their Maumelle cold storage facility, and expects to add approximately 30 full-time employees to work in the facility, which now covers a 162,000 square-foot facility.
A piece of legislation before the Arkansas House of Representatives would seek to ensure a simple eviction procedure providing hearing of both renters and landlords, as well as addressing concerns over minimum habitability standards in housing.
Recent upticks in reports of child abuse appear to show that COVID-19 restrictions prevented many cases of abuse from ever reaching the public eye, particularly as students who were receiving remote instruction return to school.
In response to the effects of the economic crisis created by COVID-19 restrictions, the Arkansas Community Foundation (ACF) has launched a new initiative aimed at assisting black-led and black-serving nonprofits in the Little Rock metro area.
The COVID-19 pandemic has had wide-reaching consequences across all portions of the economy, but at the center stage of the viral outbreak has been the nation’s hospitals, clinics and health centers.
A new Loanpal operating center is planned for the Bentonville area, with the new facility expected to add approximately 100 financial technology jobs to the local economy.
Sherry Rolsma, the Greater Bentonville Area Chamber of Commerce’s director of WalStreet and Major Investor Engagement, has moved on to serve as vice president of Membership and Major Investment Engagement for the Chamber.
Donations from the Pine Bluff community raised $50,000 for the establishment of a scholarship fund in the name of fallen Pine Bluff Police Department Detective Kevin Collins at the University of Arkansas at Pine Bluff (UAPB).
The Little Rock Convention and Visitors Bureau (LRCVB) has created a new section on its website as part of Black History Month in order to feature local black history and heritage.
Tyson Foods has created a new career development program, dubbed Upward Pathways, to work with frontline workers in its facilities on job skills training and workforce certifications.
A recent survey from Little Rock-based communication transparency solutions firm First Orion revealed that while most cell phone users prefer to have their insurance provider contact them by calling their cell phone, the majority of them have had problems with missing calls from an insurance provider because they did not recognize the phone number.
The recent merger of Arkansas-based Legacy Capital Wealth Partners and Trent Capital Management into Legacy Capital has created one of the largest independent Registered Investment Advisory firms in the state.
The Arkansas Economic Development Commission’s (AEDC) former director of marketing, Esperanza Massana-Crane, is taking over as the new director for the Minority and Women-Owned Business Enterprise (MWOBE) Division.
Tyson Foods has once again topped Fortune magazine’s ranking of the World’s Most Admired Companies in the Food Production category, making this the fifth year in a row the company has been No. 1 on the list.