Business News

Brandon Landry’s new restaurant scheduled to open on Perkins this spring

Originally planned for late 2021 or early 2022, Brandon Landry’s new restaurant concept on Perkins Road is now scheduled to open in April.

Louisiana could get up to $113M in federal dollars to boost small businesses

Louisiana could get as much as $113 million from the federal government to support small business capital and technical assistance programs. 

Three days into tax season, IRS suspends some taxpayer notices 

IRS Commissioner Chuck Rettig and Treasury Department officials warned that the 2022 tax season...

GOP lawmakers question cost of Edwards’ teacher pay raise plan

Republican leaders in the Louisiana Legislature, especially in the House, aren't yet on board with Democratic Gov. John Bel Edwards' proposal for teacher pay raises.

LSU names former state secretary of revenue as chief administrative officer

LSU announced today it has named Kimberly J. Lewis, who most recently served as secretary of revenue in the Louisiana Department of Revenue, as executive vice president and chief administrative officer. Lewis will begin Feb. 1.

Louisiana industry blasts court decision halting Gulf oil leases

A federal court has rejected a plan to lease millions of acres in the Gulf of Mexico for offshore oil drilling, saying the Biden administration did not take into account the lease sale’s effect on planet-warming greenhouse gas emissions, violating federal law, The Associated Press reports.
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Employers spent 4% more on compensation last year amid tight labor market 

Employers spent 4% more on wages and benefits last year as workers received larger pay raises due to the tight labor market and high inflation, marking an increase not seen since 2001, The Wall Street Journal reports. 

Big changes in store for pipeline industry in 2022

The Federal Energy Regulatory Commission, courts and states are poised to set policies in...

What does the PSC’s new ruling on buying power mean for the state?

On Tuesday, the Louisiana Public Service Commission ruled that rural cooperatives in Louisiana, usually powered by large investor-owned utilities like Entergy and CLECO, can source power from firms in other states.

New Board of Regents administrator has professors concerned about tenure

A new addition to the staff at the Louisiana Board of Regents has many...