Uncategorized

How oil giants ExxonMobil and Chevron fared in Q2

ExxonMobil’s second-quarter profit dropped to the lowest level in four years as OPEC+ ramped up production and oil prices slumped. The Texas oil driller still...

Gulf Coast shrimpers praise new US tariffs on imports from India 

Gulf Coast shrimpers are hailing a new 25% tariff on Indian shrimp imports as a long-overdue win for the struggling domestic industry, The Center...

National coffee shop chain planning Baton Rouge location

Plans for Dutch Bros Coffee’s first Louisiana location are moving forward after a $1 million building permit was issued last month for the coffee...

Where and when Bojangles will open its first Capital Region location

Fast-food chain Bojangles is set to open its first location in the Capital Region this month. The new restaurant, located at 28509 La. 43 in...

Roundup: LaMont Cole / Celebrating economic wins / Spicing up menus

Luncheon speaker: East Baton Rouge Parish Schools Superintendent LaMont Cole will be the guest speaker at the Press Club of Baton Rouge on Monday....

Oil production boost by OPEC+ nations could lower gasoline prices

A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe...

Louisiana is at the heart of Trump’s deportation strategy

Alexandria International Airport may seem like a quiet regional hub, but it has quietly become the epicenter of the Trump administration’s aggressive deportation strategy,...

Roundup: Unemployment law / Sen. Bill Cassidy / Political signs

Effective Aug. 1: Employers now have 10 days—up from the previous three day requirement—to submit separation notices to the Louisiana Workforce Commission. Under the...

A look at The Chimes, a Baton Rouge staple

The Chimes Restaurant & Tap Room has evolved from a single LSU-adjacent eatery into a Louisiana dining staple with four locations and a legacy...

SLU researcher reassigned after exposing toxic metals in Lake Maurepas

A Southeastern Louisiana University professor who led research uncovering toxic heavy metals in Lake Maurepas was abruptly removed from the project this week, Louisiana...

Why ExxonMobil is reassessing its M&A strategy

After losing an arbitration battle to block Chevron’s $53 billion acquisition of Hess, ExxonMobil is scouting for its own oil patch deals, The Wall...

Roundup: Family offices / Driverless trucks / Factory activity

Ramping up recruitment: Family offices are ramping up the war for talent, creating new incentive plans for top executives that are boosting pay, according...

A weak US jobs report for July raises concerns over the economy’s health

U.S. employers added just 73,000 jobs last month and Labor Department revisions show that hiring was much weaker than previously reported in May and...

‘LaPolitics’: BESE member talks about being nominated to lead the US Mint

LaPolitics: How did you get interested in coins? U.S. Mint director nominee and BESE member Paul Hollis of St. Tammany Parish: I had a desire...

LNG exporter’s pursuit of alternative fuel excise tax credits raises questions

Cheniere Energy, the top U.S. exporter of liquefied natural gas, is seeking an estimated more than $140 million in federal tax credits for fueling...

Tire service business buys Airline Highway property to expand operations

Commercial repair shop Total Tire Solutions has purchased a nearly 5-acre tract on Airline Highway near Holmes Building Materials to expand the company’s operations. Total...

Here’s how Shell plans to turn around its slumping chemicals unit

Shell CEO Wael Sawan says the company is committed to turning around its underperforming chemicals unit, which has been hit hard by what he...

Roundup: Ford posts a loss / Chase banks / US-Mexico trade

Tariff hit: Ford Motor paid out more than $800 million in tariffs last quarter, despite manufacturing most of its vehicles in the U.S. The...

North Louisiana data center reflects national shift toward ‘hyperscale’ facilities 

As tech giants race to power artificial intelligence, the U.S. is seeing a surge in supersized data centers—and Louisiana is at the heart of...

Auditor flags nearly $1B in questionable costs across state and local agencies

Widespread financial mismanagement, waste and oversight failures across Louisiana state and local agencies led to nearly $1 billion in questionable costs last year, The...