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Roundup: EA’s big deal / Ford CEO / Wall Street trading
Setting a record: The $55 billion take-private of Electronic Arts is being hailed as the largest leveraged buyout ever, with JPMorgan Chase committing a...
FEMA accused of failing to adequately manage flood insurance program
Two Democratic senators are raising alarms over the future of the National Flood Insurance Program, just days before its authorization is set to expire...
Trump plans to impose a 100% tariff on foreign-made films
President Donald Trump says he will slap a 100% tax on movies made outside the U.S.—a vague directive aimed at protecting a business that...
How the world’s largest retailer is leveraging AI to boost performance
Walmart is bracing for artificial intelligence to transform its workforce, with CEO Doug McMillon warning that AI will touch “literally every job,” The Wall...
Roundup: Oil prices / Retail vacancies / Pending home sales
Glut may grow: Oil declined on signals that OPEC+ will hike production again in November, tempering a strong rally last week. Brent fell back...
Nuclear energy ‘primed for a resurgence’ in the US as a result of AI...
Soaring demand for electricity from artificial intelligence data centers is set to trigger a $350 billion nuclear buildout in the U.S., Bloomberg writes.
Nuclear output...
EA Games to be acquired for $52.5B in massive private equity buyout
Electronic Arts, maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired for $52.5 billion in what could become the...
BP is committing billions to its new Gulf drilling project
BP is betting big on the Gulf with a $5 billion offshore drilling project aimed at bolstering its U.S. production, Reuters reports.
The Tiber-Guadalupe development,...
Congress facing a Tuesday deadline to renew flood insurance program
Louisiana leaders are sounding alarms as Congress faces a Tuesday deadline to renew the National Flood Insurance Program, The Center Square writes.
A lapse could...
Bourbon blues: Sinking demand fuels a 28% drop in US whiskey production
U.S. whiskey production has plunged to its lowest level since 2019, as distillers confront slumping demand, tariff headwinds and post-pandemic oversupply, The Lexington (Kentucky)...
Fewer Louisianans filed for unemployment last week
Initial unemployment claims 9/20
Continued unemployment claims 9/20
US consumer sentiment drops to lowest level in four months
U.S. consumer sentiment weakened in September, falling to a four-month low as households reported mounting pressure from high prices and uncertainty about the job...
Roundup: Truancy rate / Existing home sales / Thrive! Baton Rouge
Going up: Louisiana’s K-12 truancy rate has exceeded 40% since the 2020-21 school year, above the state’s 11-year average of 36%, according to the...
Roundup: New tariffs / Home flipping / Lamar Advertising
Pharmaceuticals and more: President Trump announced new tariffs Thursday, including a 100% levy on branded or patented drugs made by companies not building U.S....
Woodside signs $17.5B Louisiana LNG supply deal with Turkey’s BOTAS
Woodside Energy has secured a long-term deal with Turkey’s state-owned BOTAS to supply about 4.25 million tons of LNG annually, primarily from its massive...
What the latest numbers from the Fed’s preferred inflation gauge show
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
The Commerce Department reported Friday that its personal consumption expenditures price...
How executives can navigate challenging CEOs
A growing body of research underscores just how much a company’s fortunes depend on its top leader.
McKinsey estimates that nearly 45% of performance variation...
This new pop-up shop has arrived in Mid City
Nestled between Barracuda Taco Stand and The Parker Barber on Government Street is a small alcove that has a new tenant. Rêve Coffee Lab...
Roundup: Auto industry / Government layoffs / TikTok USA
Warning signs: The auto industry is flashing warning lights on the state of the U.S. economy, raising concerns as profits tighten. CarMax, the nation’s...
These six megaprojects signal an industrial construction surge for Louisiana
Six concurrent megaprojects are set to fuel a significant wave of industrial construction across Louisiana, with labor demand peaking at about 20,500 workers in...
