In the first episode of the New Year, Rex talks innovation and entrepreneurship with Arthur Orduna, executive director of The Venture Center and long-time tech industry and business veteran.
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The pandemic year of 2020 was coming to an end, and Arthur Orduna was ready for a change. Orduna was living in New Jersey while working on new products and services as an executive for Avis Budget Group, which owns the brands Avis, Budget and Zipcar. A member of the company s board was Little Rock investor Jeff Fox, someone Orduna knows well.
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The Federal Reserve Bank, while emphasizing the U.S. banking system is stable after three failures in the first quarter, put lenders on notice it is intensifying review efforts and zooming in on the weakened commercial real estate segment.