Banking & Finance

Louisiana faculty members sound the alarm on retirement crisis 

Louisiana’s higher education faculty members feel trapped.  In the early days of their teaching careers,...

Is tax reform coming? Lawmakers prefile bills ahead of April session

Nine bills dealing with taxes have been prefiled with the Senate for the upcoming...

Louisiana has nation’s sixth-lowest income tax rate

Louisiana's individual income tax rate of 4.25% is the sixth-lowest of the 43 states...

Federal contractors on edge by debt ceiling standoff

Federal contractors are on high alert and preparing for the worst as the debt ceiling crisis continues to loom over Capitol Hill, Inc. reports.  

Half of Americans say they are worse off financially now than a year ago 

Reflecting on their personal financial situations, 35% of Americans say they are better off now than they were a year ago, while 50% are worse off, according to a recently released Gallup survey from early January. 

Lemoine acquires emergency fuel and water supplier

Baton Rouge-based construction management and disaster recovery firm Lemoine announced today it has acquired Macro Companies, one of the world’s largest emergency fuel and water suppliers.
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Big company CEOs are getting younger and more of them are women 

Newly appointed CEOs at America’s biggest corporations are trending younger, and more women are joining their ranks, according to a recent report from consulting firm Spencer Stewart. 

Ultra-low US jobless claims may be misleading due to severance packages 

Over the past few months, there's been a steady stream of large, high-profile layoffs—while...

Louisiana may bar more banks from state business over gun, energy policies 

The Louisiana State Bond Commission might further limit the state’s business with large banks...

Foundation from Blue Cross sale would exceed $3B; policyholders to get payments

The foundation that would be created in the wake of the Blue Cross and Blue Shield of Louisiana sale would have more than $3 billion in assets, Blue Cross officials say.