Business News

Legislators want to hold back $50M from sewer and water projects 

Lawmakers on Louisiana’s Water Sector Commission recommended the state hold off on allocating the entire $450 million set aside for local water and sewer upgrades this year

US inflation slows to 7.1% in November, down from 7.7% in October 

Inflation in the US slowed again last month in the latest sign that price increases are gradually cooling despite the pressures they continue to inflict on American households.

Billions in offshore royalties to states tied up in government spending fight

Whether Louisiana and other coastal states with offshore energy production will soon receive billions...

Baton Rouge pushed ahead on getting party promoters under control

Following a special meeting last week, East Baton Rouge Parish’s Alcoholic Beverage Control board...

Vacant office in Westfork Office Park sells for $875K

A vacant office on Westfork Drive has sold for $875,000, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Mattress Mack makes another big bet in Louisiana 

Houston furniture magnate Jim "Mattress Mack" McIngvale made another monster sports bet in Louisiana...
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Gov. Edwards announces $1.8B Port NOLA expansion project

Gov. John Bel Edwards today announced a historic public-private partnership between the state, the Port of New Orleans and two global maritime industry leaders to build a $1.8 billion state-of-the-art container facility on the lower Mississippi River. 

LSU research shows lenders, borrowers would benefit from credit score alternatives

Recent research from LSU’s E.J. Ourso College of Business, Harvard Business School and financial...

Worker shortage continues to drive inflation and resulting Fed rate hikes 

Still eager to hire, America’s employers are posting more job openings than they did...

State auditors call for more transparency when it comes to tourism spending

The Louisiana Office of Tourism should do more to show the return on investment for the taxpayer dollars it spends, according to the Louisiana Legislative Auditor’s office.