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Consultant: Project BRAVE not a cure-all for crime

Consultant Jim Fealy, who has been advising the city on its new violent crime reduction program, the Baton Rouge Area Violence Elimination Project, or Project BRAVE, spent two days here this week meeting with law enforcement officials and the...

DATE: May 16, 2012 | CATEGORY: Daily Report

Tax credits to help save Spanish Town houses

State historic tax credits will allow for the restoration of five houses that are considered contributing elements to the historic Spanish Town neighborhood. Developer Lance Bennett says he paid about $100,000 each for the houses—three on...

DATE: May 16, 2012 | CATEGORY: Daily Report

Andrews: Will bond rates ever go back up?

Andrews: Will bond rates ever go back up?

Just a few months ago we were talking about yields on 10-year Treasury bonds—the benchmark rate for long-term real estate loans—going up as the U.S. economy continued (or began, depending on how well you are doing) its recovery. A March...

DATE: May 15, 2012 | CATEGORY: Real Estate Weekly

U.S. consumers hold back, even as gas prices fall

Lower gas prices in April weren't enough to embolden U.S. consumers to spend much more elsewhere. The Commerce Department reports this morning retail sales rose just 0.1% last month. After excluding gasoline station sales, consumers increased their...

DATE: May 15, 2012 | CATEGORY: Daily Report

Kennedy accuses Jindal of using budget scare tactics

Louisiana Treasurer John Kennedy accused Gov. Bobby Jindal's administration today of using scare tactics to drum up support for restoring hundreds of millions of dollars to next year's budget. In a letter to Jindal, Kennedy asks his fellow...

DATE: May 15, 2012 | CATEGORY: Daily Report

La. colleges face deep cuts in House budget

Louisiana's public colleges say they will be forced to make steep cuts next year if state senators agree to the version of the $25 billion budget passed by the state House of Representatives. The governor's budget office says higher education would...

DATE: May 14, 2012 | CATEGORY: Daily Report

LSU gets grant to improve outcomes for childhood cancer survivors

A $500,000 research grant awarded to an LSU professor will be used to investigate ways to improve outcomes of childhood cancer survivors, the university announced this morning. "We have developed a method for predicting the risk of long-term side...

DATE: May 14, 2012 | CATEGORY: Daily Report

College, health care leaders brief senators on budget cut consequences

A state-run psychiatric hospital in central Louisiana shuttered. A program aiding families with children who have hearing, speech and motor control problems eliminated. College campuses pushed to financial emergency. Medical training programs...

DATE: May 14, 2012 | CATEGORY: Daily Report

Gregory Gilmore

Gregory Gilmore

Greg Gilmore went corporate for a while, working for Merrill Lynch in New Jersey and New York City, but came home to Louisiana to start his own business. At age 13, he says, he sometimes worked 50 to 70 hours a week during the summer at construction...

DATE: May 14, 2012 | CATEGORY: Executive Spotlight

The budget mess

The budget mess

As the state House of Representatives takes up the budget this week, it’s been four years since lawmakers have seen a surplus. For new members, that bygone concept seems as mythical as the unicorn.

DATE: May 14, 2012 | CATEGORY: John Maginnis

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