Business News

IRS raises contribution limits for retirement savings plans

Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year.

Aussie clothing store Cotton On will open in Mall of Louisiana

International retail clothing store Cotton On is setting up shop in the Mall of Louisiana, according to a permit filed with Baton Rouge's Permits & Inspections Division. This will be its first location in the state.

GeoSurfaces CEO purchases 63 acres near Baker for $900K

CNAK Consulting LLC recently completed the purchase of 63 acres on U.S. 61 near Baker for $900,000, according to records filed with the East Baton Rouge Parish Clerk of Court's office.

Legal or not, moratoriums could have ‘chilling effect’ on carbon capture

A company that wants to build a multibillion-dollar energy complex in Ascension Parish is suing the Livingston Parish Council for trying to slow construction of wells associated with the project. 

Louisiana PSC will allow electric co-ops to buy out-of-state power 

The Louisiana Public Service Commission voted unanimously this week to allow two electrical nonprofit cooperatives to buy power from a Florida-based supplier

‘LaPolitics’: Will DOTD secretary run for governor?

Will Transportation Secretary Shawn Wilson run for governor next year? Right now the answer seems to be a solid maybe.
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Rare earth processing plant to be built in Louisiana

Canadian company Ucore Rare Metals Inc. today announced it has chosen Louisiana for its...

Air Products sues Livingston Parish over carbon capture moratorium 

Air Products, a Pennsylvania-based company looking to store industrial carbon dioxide emissions under Lake...

Baton Rouge casino revenue down in September; sports betting up in state

Baton Rouge’s three casinos each saw less revenue in September compared to the previous...

Roundup: Investigation of banks / Retail sales / Heating costs 

Environmental alliance: Six major banks will be investigated by 19 state attorneys general, including...