Injured: Though details remain scant, a vehicle wreck near the intersection of Nicholson and South Stadium Drive this morning has sent multiple pedestrians to the hospital. The pedestrians were hit at a crosswalk just before 9:30 a.m., multiple news outlets report, citing an LSU spokesperson who says a vehicle was pushed into pedestrians that were standing on the sidewalk. Authorities tell WBRZ-TV that four people were transported to an area hospital in stable condition. The crash remains under investigation.
Rebate: Louisiana’s attorney general says the state Medicaid program could get a refund of $172 million paid under the federal health overhaul, if a court ruling in Texas stands. Attorney General Jeff Landry touted the federal court decision Wednesday but acknowledged it could be appealed. Six states are involved in the lawsuit. Their Medicaid programs reimbursed managed-care organizations that coordinate services for Medicaid patients for a fee charged under the federal Affordable Care Act. Read the full story.
Planted: An affiliate of Koch Industries has agreed to buy into Yuhuang Chemical’s $1.85 billion methanol production facility in St. James Parish, the company announced Thursday. As part of the deal, Koch Methanol Investments LLC will acquire an indirect minority equity interest in YCI Methanol One LLC, the Yuhuang subsidiary constructing the facility. According to a news release, Koch Methanol will also receive the exclusive methanol offtake rights from the new facility and will construct, own and operate the methanol terminal assets for the outbound flow of methanol through marine, rail and truck transport.
