Plan shows Blue Cross policyholders in line for $1,900, though numbers may change

Blue Cross and Blue Shield of Louisiana policyholders would be in line for just under $1,900 each under a reorganization plan filed with state officials, though the final numbers may differ. 

Roundup: Banks stabilizing / Piccadilly / Teachers of the year 

Financial failures: Treasury Secretary Janet Yellen projected calm today after the recent regional bank collapses but told a gathering of bankers that additional rescue...

See how the Work Downtown, Play Downtown initiative is expanding

An initiative launched last year to encourage downtown workers to linger in the area past 5 p.m. is being expanded to downtown event attendees and residents. 

LSU researchers developing sensors to detect nuclear power leaks

LSU engineering researchers are developing sensors that could quickly detect nuclear power leaks with the help of a $500,000 grant from the federal Nuclear Regulatory Commission—the first grant LSU has received from the agency. 

Despite no executions in years, state still spending millions on death penalty cases 

Louisiana spent $7.7 million providing legal defense to people facing the death penalty in 2022, according to the Louisiana Public Defender’s Office

St. James residents sue parish over chemical plant pollution  

Residents of St. James Parish filed a federal lawsuit today raising allegations of civil rights, environmental justice and religious liberty violations. 

LSU report touts potential of planned carbon capture hub in Calcasieu Parish

A planned carbon capture and sequestration hub in Calcasieu Parish could abate some $11 billion in environmental damages over its lifetime, according to a new report by LSU’s  Center for Energy Studies. 
BRAC

Amazon layoffs not expected to impact Baton Rouge project, BRAC says

Recently announced layoffs at Amazon are not expected to change the company’s commitment to its planned facility in Baton Rouge

Roundup: NOLA talent hub / March Madness / Amazon job cuts 

Seattle-based mobile game developer Big Fish Games today announced plans to establish a talent hub in New Orleans.

FTC investigating firms that do credit reports on small businesses 

The Federal Trade Commission has ordered five small-business credit reporting firms to provide information regarding their products and processes as part of a formal inquiry, Inc. magazine reports. 

See how LSU researchers are getting help cashing in on their inventions

Business skills have not traditionally been taught as part of a basic sciences curriculum at any level. And that has suited LSU chemistry professor John Pojman just fine.

Banking turmoil will likely make it harder for small businesses to get loans

Small businesses are likely to find getting a loan more difficult because of the ongoing turmoil in the banking industry, which is raising the risk of a recession, according to The Wall Street Journal.  

Sherwood Pointe shopping center sells for $1.68M

The property containing the Sherwood Pointe shopping center on South Sherwood Forest Boulevard has been sold to a pair of Port Allen investors for $1.68 million,

What’s causing the delay in replacing Baton Rouge interstate lights?

Entergy is trying to replace about 60 interstate lights in Baton Rouge and is ready to schedule the work, but supply chain issues are delaying the fixtures, a utility spokesperson says. 

Baton Rouge unemployment ticked up in January

Unemployment in Baton Rouge and across the state ticked up in January from December but was still lower than in January 2022.

Performance Contractors earns national Contractor of the Year honors

Performance Contractors Inc. has been named Contractor of the Year by Associated Builders and Contractors.

This tax change has some small businesses struggling to pay IRS 

A piece of the 2017 tax law that went into effect this year is leaving small, research-intensive businesses with IRS bills they can’t pay, according to The Wall Street Journal. 

BRAF membership reaches five-year high

BRAF membership reached a five-year high of nearly 500 last year, CEO and President Chris Meyer told donors and members at its annual meeting Thursday night. 

Roundup: Fed rate hike / Bank executives / Buc-ee’s 

Move likely: Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate increase next...

Judge rules against Folgers in tax exemption lawsuit  

An Orleans Parish judge lifted an injunction in the Folgers Coffee Co. tax exemption lawsuit, allowing local taxing authorities to bill the company for...