Talk Business & Politics Staff

This content has been contributed by the staff of Talk Business & Politics.

Follow Talk Business & Politics on Facebook: Facebook.com/TalkBusinessAndPolitics

Twitter: @TBArkansas

File photo: Former US Attorney Conner Eldridge formally launching his US Senate campaign from his family store in Augusta.
Arkansas Times

Eldridge Supply Company in Augusta provided the backdrop Saturday as former U.S. Prosecuting Attorney Conner Eldridge announced a bid for the U.S. Senate.

In front of about 75 people, Eldridge, 38, said he was running as a Democrat against incumbent U.S. Sen. John Boozman, R-Ark. in the 2016 general election. In his remarks, Eldridge criticized both parties in their response to the Affordable Care Act also known as Obamacare and other issues like the federal debt.

Eldridge said the debt, at $18 trillion, “has more than tripled since my opponent took office.”

Former Arkansas Gov. Winthrop Rockefeller (R) joins William Dillard II, Dr. George Mitchell and Patricia Upton to be inducted into the 2016 class of the Arkansas Business Hall of Fame. The four join 70 men and women in the Hall of Fame, with the induction ceremony set for Feb. 12, 2016.

The Sam M. Walton College of Business at the University of Arkansas and the Arkansas Business Hall of Fame Board announced on Wednesday (Oct. 14) the inductees.

August home sales in Arkansas’ four largest markets were off the pace of the previous three months, but sales for the first eight months of the year are up more than 8% and the value of those sales is up more than 13.5%. Homes are also selling faster in the four markets.

The healthy year-to-date pace in Arkansas is driven by an almost 14% gain in Northwest Arkansas home sales and a more than 6% gain in central Arkansas.

File photo: Then U.S. Representative Tom Cotton (R-4th District) at the Clinton School of Public Service (2013).
Michael Hibblen / KUAR News

The nominations of three people selected to serve as foreign ambassadors were put on hold by Sen. Tom Cotton, R-Arkansas, after the state’s junior senator called on the Department of Homeland Security to investigate Secret Service background leaks involving Rep. Jason Chaffetz, R-Utah, a candidate for House Speaker.

Cotton placed the hold on Cassandra Butts, who was nominated for ambassador to the Bahamas; Azita Raji, for ambassador to Sweden; and Samuel Heins, for ambassador to Norway.

The owners of Talk Business & Politics and The City Wire have agreed to merge their two media companies into a new entity that will become a statewide platform providing reporting and analysis on business and political news.

There was some debate between Jonesboro city leaders and officials with Arkansas State University in regards to the construction of at least two conference centers in the town, according to emails obtained by Talk Business and Politics.

Talk Business and Politics on Tuesday requested copies of any and all correspondence between Arkansas State University and Jonesboro Mayor Harold Perrin about the projects.

2016 GOP presidential primary candidate Mike Huckabee
C-SPAN

Former Arkansas Gov. Mike Huckabee, who is vying for the GOP Presidential nomination, announced his leadership team in Arkansas, Georgia, North Carolina, and Tennessee – all states with early primaries in 2016.

U.S. House Speaker John Boehner, R-Ohio, who faced scrutiny from conservatives over policy issues, announced his resignation Friday during a Republican conference meeting.

A flurry of reports hit the newswire when Rep. Bill Huizenga, R-Michigan, tweeted: “Speaker Boehner just announced in Conference that he will resign as Speaker and from Congress at the end of October” on Friday morning.

In an historic move to more effectively eliminate hunger in Arkansas, the Arkansas Foodbank and the Arkansas Rice Depot announced Thursday, after approval from both organizations’ boards of directors, plans to merge effective Jan. 1, 2016.

The two nonprofits have long been dedicated to serving hungry Arkansans through various programs reaching school-aged children, college students, families and seniors.

Flickr.com

Among the ideas being considered by the Governor’s Working Group on Highway Funding has been transferring some of the state’s 16,418 miles of roads to cities and counties.

The Association of Arkansas Counties doesn’t support the idea.

“Obviously, counties are in no position to absorb additional roads,” said Chris Villines, Association of Arkansas Counties executive director, in an association press release. “For the most part, we run a road maintenance program around the state, not one of new construction, and we can barely handle the 70,000 miles we currently have.”

Arkansas seldom ranks first in any category among the other 50 states, but when it comes to adult obesity the Natural State is at the top of the list, according to a new report by the Robert Wood Johnson Foundation (RWJF).

The report found that Arkansas had the highest adult obesity rate at 35.9%, and one of three states, along with West Virginia and Mississippi, where at least 30% of its adults are deemed obese. In 1980, no state had a rate above 15%, and in 1991, no state had a rate above 20%, which is a major concern to health professionals.

Sarah Whites-Koditschek / KUAR

Hillary Clinton promised a plan to cap the rising costs of prescription drugs and praised her husband’s and President Obama’s administrations in a speech before a raucous crowd at Little Rock’s Philander Smith College Monday.

Arvest Bank

ARVEST TOPS $1 BILLION IN MORTGAGE LOANS FOR 13TH STRAIGHT YEAR

Arvest Bank’s mortgage division topped $1 billion in mortgage loans for the 13th consecutive year, the privately held Bentonville-based financial concern recently announced. Arvest reached the $1 billion milestone more than a month earlier this year than it did in 2014 on Aug. 21, closing on a total of 6,380 loans with a value of $1,008,591,434. In 2014, Arvest didn’t hit the $1 billion mark until Sept. 30.

NASA

Two University of Arkansas researchers working on a promising new material to create more efficient solar cells will lead a corps of Arkansas scientists chosen to develop the next generation of photovoltaic devices used in space missions, the university announced on Thursday.

Organizers for the Hot Springs Documentary Film Festival, scheduled for October 9-18, announced high profile guests who will be participating.

From a festival press release:

Pages