Business News

City-parish sales tax collections drop in April

The city-parish collected roughly $19.6 million in sales taxes in April, marking a drop of more than 7% from April 2022, according to figures released this week by the finance department.

IRS throws a chill into the collectives that are paying college athletes

The rapidly expanding landscape of nonprofit, donor-backed collectives paying college athletes to promote charities...

U.S. Rep. Graves says rising costs will not slow Comite River diversion project

The U.S. Army Corps of Engineers has committed to continuing work on the Comite River Diversion Project, even though the projected cost has approached $1 billion, U.S. Rep. Garret Graves says.

Demographic data often needs context that goes beyond the numbers

When looking at a data set for a region or city, the data must be crafted into a story with context for people to fully understand what it means. 

Lower prices show Louisiana electricity regulation working, Entergy argues

While elected regulators and outside observers are calling for Louisiana to rethink how it oversees consumer electricity providers, Entergy Louisiana officials say relatively low prices in the state indicate the current system is working.

Louisiana has the highest percentage of jobs at risk from hurricane flooding

Louisiana has the largest share of employment located in hurricane flood zones, according to an analysis by the U.S. Bureau of Labor Statistics.
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People are working fewer hours, and a growing number of bosses are fine with that  

Employees are working fewer hours than they have in the past few years, research...

US oil refiners expand capacity following a dip during pandemic 

U.S. crude oil refining capacity has reversed two years of declines and climbed by more than 100,000 barrels per day, to 18.1 million, according to a government report released last week, reports Reuters.

Real estate offices and training center planned on Perkins

Real estate coach and consultant Jon Cheplak has purchased a commercially zoned lot on...

Gov. Edwards vetoes phase-out of Louisiana’s corporate franchise tax

Gov. John Bel Edwards on Wednesday vetoed legislation that would have phased out the corporate franchise tax but also cost the state millions in revenue.