Business News

Developer seeks Metro Council approval for $35M economic development district

Developer Nitin Kamath is seeking to create an economic development district at Aztek Cove, his planned business complex along Highland Road near the Country Club of Louisiana

Roundup: Constitutional amendments / Amazon lawsuit / US home sales 

Explainer: The Louisiana Constitution should have been written in pencil rather than ink. Since...

US consumer confidence tumbles in September as recession fears resurface 

The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.

New leader rejoins LABI with ambitious agenda

This morning, he accepted an offer to become the next president and CEO of what is arguably the most powerful nongovernmental organization in the state—the Louisiana Association of Business and Industry—which is gearing up for next year with a new, expansive agenda. 

Manship family names next CEO

Jake Manship has been appointed president and CEO of WBRZ-TV, KRGV-TV Texas and the rest of the Manship family’s business lines, WBRZ-TV reports

How carbon stored underground could find its way back into the atmosphere 

Generous federal tax credits are driving the surge of carbon capture and storage projects being proposed in the U.S. But there’s a chance that carbon emissions could seep back up into the atmosphere after they are injected underground.

New data highlights Louisiana child care industry’s struggles

Louisiana’s child care industry is struggling under rising costs for food and supplies and more than two-thirds of providers are concerned about staff turnover, according to a new report from the Louisiana Policy Institute for Children.  

LABI selects Will Green as its next leader 

The Louisiana Association of Business and Industry has selected Will Green as its next CEO, following Stephen Waguespack’s departure to run for governor, sources tell Daily Report. 

Is the old Cook Theatre in Scotlandville getting a second lease on life?

Renovations are underway at the old Cook Theatre in Scotlandville, near Southern University, reports...

Mary Bird Perkins to use AI for planning cancer treatments

Mary Bird Perkins Cancer Center has begun using artificial intelligence to streamline the scanning process and allow patients to begin treatment faster, company officials say.Â