Business News

Banks tightening lending standards amid economic concerns

As the Federal Reserve continues to increase interest rates, banks including those in Louisiana...

Louisiana has plugged 300 orphaned wells in 2023, but thousands remain

Contractors have plugged 300 orphaned well sites in Louisiana over the past 4½ months, Gov. John Bel Edwards and Department of Natural Resources Secretary Tom Harris announced today.

CEOs anticipate a ‘short and shallow’ recession in the next 12 to 18 months 

A recent survey of CEOs suggests that most expect a recession in the U.S....

Nearly one in five Louisiana homeowners has had their insurance policy canceled 

Nearly one-fifth of homeowners insurance policyholders surveyed in Louisiana said their provider canceled their...

LSU folding on its controversial sports-betting deal with Caesars 

LSU is ending its controversial, seven-figure agreement allowing Caesars Entertainment to advertise sports betting across the campus, according to university officials and a sports marketing company involved in the deal. 

Primoris Energy Services plans to expand, add 100 workers

Specialty contractor Primoris Energy Services Corporation, located off East Petroleum Drive, is expanding and plans to hire 100 additional workers in Louisiana over the next two years, according to an advance notice last week with the state.

Late-night restaurant serving home-cooked meals opening soon near LSU

Late-night restaurant Midnight Munchies is opening a second location next month, on West State Street, in the shadows of LSU's North Gates.

Sale pending for the TJ Ribs site on Siegen Lane

The sale of TJ Ribs’ location on Siegen Lane could close as early as today, confirms owner Burke Moran.

US employers add higher than expected 339,000 jobs in May 

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool.

‘LaPolitics’: Tax legislation has made little progress

Amid intensifying budget discussions, there has been little progress on the regular session’s few...