Banking & Finance

Thinking about giving to a nonprofit? Consider an unrestricted donation

Financial gifts that can be used for any expense generally are the most valuable to organizations that depend on philanthropy, a Baton Rouge-based nonprofit consultant says.

Bass Pro in Denham Springs pays off TIF bonds 16 years early

The tax increment financing bonds for the Bass Pro Shops location in Denham Springs and the surrounding development have been paid off 16 years early.

Alford: Storm-related housing issues deserve Capitol spotlight

Across south Louisiana, families and businesses are struggling to rebuild homes and storefronts following two years of hurricanes. At the same time, a public discussion over insurance practices is intensifying, setting the Capitol’s stage for an important discussion about housing-related issues.

Analysis: Defeat won’t end state sales tax collection debate 

Louisiana voters may have rejected a constitutional amendment to start the centralization of the state’s sales tax collections, but that doesn’t mean lawmakers and outside groups are giving up on trying to make the change.

Airlines changing frequent flyer programs once again 

Airlines are once again altering their frequent flyer programs after making changes earlier in...

General Informatics makes first out-of-state acquisition with North Carolina firm 

Baton Rouge-based IT services provider General Informatics today announced it has acquired Charlotte, North Carolina-based technology solutions firm Versiant.
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Lawsuit filed challenging Louisiana sales tax system by out-of-state business

An out-of-state business today sued Louisiana and several parishes to challenge the state's patchwork approach to collecting sales taxes, days after voters rejected a constitutional change that would have centralized those tax collections in a single board.

US home equity rises during third quarter as market prices continue surge

Nearly 40% of mortgaged residential properties in the U.S. were considered equity-rich in the...

Louisiana seeks takeover of two failing insurers following Ida

The Louisiana insurance commissioner is seeking a government takeover of two regional insurance companies that are facing insolvency due to losses from Hurricane Ida to ensure the company’s policyholders are paid what they are owed, officials say.

Why US inflation is so high, and when it may ease 

Inflation is starting to look like that unexpected—and unwanted—houseguest who just won’t leave.