Business News

Repairs to power grid after Hurricane Ida could approach $3B 

The cost of power restorations and repairs in Louisiana from Hurricane Ida could approach $3 billion, with many customers asked to cover bills without federal aid. 

Courtyard Marriott on South Acadian Thruway sold to New York company

The Courtyard Marriott at 2421 S. Acadian Thruway was sold to a New York-based real estate investment trust for $2 million on Wednesday.

Louisiana Public Service Commission Zoom meeting hacked

The Louisiana Public Service Commission’s business and executive session Zoom meeting was hacked at around 10 a.m. this morning.

Plank Road bus rapid transit moving forward 

Mayor Sharon Weston Broom today announced the city is moving forward in its effort to create a 9-mile rapid bus line from Plank Road to Nicholson Drive, by formally accepting a $15 million grant to fund the bus route. 

Working from home should be less stressful post-pandemic 

Businesses are reopening their offices and moving toward a hybrid workspace, and about half of remote workers are looking forward to being back at their jobs in-person. 
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How to request an increase on your EIDL loan 

If you've received an Economic Injury Disaster Loan from the Small Business Administration you might be eligible for more money. SBA lifted the cap on EIDL loans up to $2 million, from $500,000, on Sept. 8. 

Plan for large-scale redevelopment on Government Street clears hurdle

A plan to redevelop a portion of Government Street in Mid City to include a gourmet wine shop and epicurean market, a bar and commissary with outdoor seating, and an Aveda barbershop concept cleared a key hurdle Monday, when the Planning Commission approved a rezoning request to allow for alcohol sales at the site.

Redistricting goal: Keeping incumbent state legislators from running against one another

Lawmakers using census data to redraw political districts will try to avoid pitting incumbents against each other, says state Sen. Sharon Hewitt, a Slidell Republican

Louisiana’s struggling seafood industry teetering after Ida 

Louisiana's oyster farmers, crabbers, shrimpers and commercial fishers are nothing if not adaptable, producing millions of pounds of seafood annually, often in water that was dry land a generation ago. They've fought off a devastating oil spill, floods, changing markets and endless hurricanes just to stay in business.