News roundup: Tornado reportedly touched down in Baker this morning … Louisiana Technology Park adds new tenant … Lawmakers seek inquiry on sheen near spill site … Fed likely to sustain its stimulus program

Author Profile Image
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

Stormy Monday: A tornado reportedly touched down in Baker this morning, causing some property damage but no reports of injuries. Police Chief Mike Knap tells WAFB-TV the tornado damaged the roof of a car wash on La. 19. Trees and power lines were also reportedly damaged in the area. Knap says the area along South Magnolia Drive received significant damage, and there are also reports of damage in the Lincoln Heights Subdivision on New Rafe Meyer Road.

Moving in: Ring Publications, a software development and online marketing firm, is the latest tenant to join the Louisiana Technology Park. The firm will be working on one of its core products at the park, the ACT Mastery Series, which was developed by Ring Publications founder Craig Gehring—who got a perfect score on both the ACT and SAT exams, according to a news release. In early October, the tech park added three tenants: Overtime Software, Interior Web Design, and Teknarus, which will serve as an anchor tenant.

Awaiting answers: Two Democratic lawmakers are asking the Coast Guard to investigate a sheen that appeared last week on the Gulf of Mexico surface near the deepwater site of the BP well that blew out and caused the 2010 oil spill. The Houston Chronicle reports U.S. Reps. Henry Waxman of California and Edward Markey of Massachusetts sent a letter to the Coast Guard asking it to find out more about the source of the sheen; they contend that BP has refused to provide information regarding the sheen. The full story is here.

Advertisement

Pressing on: The Federal Reserve is widely expected to announce on Wednesday that it will continue buying Treasury securities to stimulate growth in the new year, The New York Times reports. The Fed’s public declaration in September that it would buy bonds until the outlook for the labor market “improved substantially” has cleared away much of the uncertainty and controversy that usually precedes such announcements. The full story is here.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business