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Private equity firm in talks to acquire Topgolf for roughly $1B
Topgolf Callaway Brands is exploring a sale of its Topgolf division, with private equity firm Leonard Green in advanced talks to acquire the business,...
University of Louisiana System planning to restructure
The University of Louisiana System is launching a sweeping restructuring study as several campuses grapple with multimillion-dollar budget crises, Louisiana Illuminator writes.
The system’s board...
What Chevron’s CEO is saying about future LNG supply and demand
Chevron is forecasting steady global growth in LNG demand but warns the market could face lower prices later this decade as a wave of...
Argent LNG unveils plans for a new export terminal at Port Fourchon
Argent LNG is proposing a new multibillion-dollar export terminal in Port Fourchon.
The 25 million-ton-per-year facility, announced Wednesday, would position the company among the largest...
A look at the economic impact of military-related spending across Louisiana
Military-related spending generated more than $17 billion in total economic activity across Louisiana during fiscal year 2024, according to a statewide analysis released Wednesday...
More American workers are turning to side gigs due to job insecurity
As workers face frozen salaries, inflation and fear of layoffs, some have decided to branch out from their traditional careers. They’re taking on side...
State subsidies for data centers are often concealed
A new Good Jobs First report warns that most states offering data center incentives conceal which companies benefit, limiting public oversight, Louisiana Illuminator writes.
The...
Due to the shutdown, October economic reports may never be released
The October jobs and inflation reports may never be released due to the government shutdown, White House press secretary Karoline Leavitt said Wednesday.
As Bloomberg...
Chevron sees AI-driven electricity demand as a new frontier
Chevron plans to grow oil and gas production by up to 3% annually through 2030 while cautiously moving into the power sector, The Wall...
Roundup: Last penny minted / Atlanta Fed president / Fortified roofs
One-cent demise: The U.S. Mint in Philadelphia on Wednesday pressed its last penny, marking the latest step in the 1-cent coin’s demise. President Donald...
How did Louisiana do on its infrastructure report card?
Louisiana’s infrastructure is graded at a “C-“ in a new report from the American Society of Civil Engineers, up from the “D” it received...
This College Drive apartment complex near Corporate just sold
An Atlanta-based real estate firm has purchased the Fairway View Apartments on College Drive.
Audubon acquired the complex, located near Corporate Boulevard, through one of...
What to know about the wide-ranging lawsuit against Smitty’s Supply
Louisiana and federal regulators have filed a sweeping lawsuit against Smitty’s Supply Inc., seeking potentially more than $1 billion in fines and penalties tied...
Two major concerts could be coming to Tiger Stadium next spring
An unnamed promoter wants to bring two major live music events to LSU’s Tiger Stadium—but the deal appears contingent on the Metro Council approving...
Louisiana petrochemical leaders see growth on the horizon
Louisiana’s petrochemical industry is entering a period of cautious optimism, with executives pointing to strong local assets but also ongoing challenges in policy and...
Roundup: Small business optimism / College enrollment / Denham Springs
Slipping: U.S. small business optimism dipped in October as profits and sales weakened amid higher material costs, labor shortages and the ongoing government shutdown,...
Shell appealing arbitration loss against Venture Global over LNG contracts
Shell has filed an appeal in New York Supreme Court to overturn its arbitration loss against U.S. liquefied natural gas producer Venture Global, Reuters...
A 50-year mortgage? White House says it could help buyers
The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement...
‘A great deal at risk’: Economist Loren Scott talks Trump tariffs
When asked about President Donald Trump’s tariff strategy, economist Loren Scott doesn’t mince words.
“You’d be hard pressed to find any economist who thinks tariffs...
Louisiana’s next frontier: Ascension’s 17,000-acre RiverPlex MegaPark
The sprawling 17,000-acre RiverPlex MegaPark on the west bank of the Mississippi River in Ascension Parish was only a glimmer of a concept nearly...
