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Roundup: LSU Lakes logs / Retail trends / Falling oil prices
Sinker cypress: As the University Lakes project continues dredging the lakes around LSU, crews are removing stumps and branches, some of which are sinker...
Here’s how hard the wildfires hit Louisiana’s timber industry
Wildfires that engulfed more than 50,000 acres of Louisiana forests during this summer’s record-breaking heat and drought dealt a blow of at least $71...
Infinity Valve and Supply expanding Acadiana air compressor facility
Infinity Operators LLC today announced it is investing $1.1 million to increase production capacity of its new air compression division through equipment upgrades and physical expansion of its manufacturing facility in Lafayette Parish.
Who used to the governor’s suite to see Beyoncé?
Gov. John Bel Edwards’ office says it doesn’t know who used the governor’s two suites at the Caesars Superdome for the sold-out Beyoncé Renaissance concert in New Orleans Sept. 27
A look at the state of carbon sequestration in the Capital Region
Carbon capture projects, pivotal to the energy transition in the nation’s industrial sector, are garnering substantial attention, especially in Louisiana’s Capital Region as it becomes a hotspot for such projects.
b1Bank launching new derivatives services line
Baton Rouge’s b1Bank is planning to launch a line of derivatives products and services, which will provide clients with more flexibility managing interest rate risks.
Roundup: Port upgrades / Starbucks expansion / US productivity
Infrastructure grants: The Transportation Department this morning awarded $653 million in grants to upgrade and improve 41 water-based ports across the country. The grants...
US employers pulled back on hiring in October, adding 150,000 jobs
The nation’s employers scaled back their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market remains...
Rising costs threaten development of US offshore wind industry
Good news or bad news first? Because there was plenty of both this week for the fledgling U.S. offshore wind industry.
‘LaPolitics’: Just how low will turnout numbers go for the runoff election?
Seven nonconsecutive days of early voting begin today for what should be Louisiana’s final elections of 2023. You can find out if you’re eligible...
Gulf oil and gas lease sale off again, pending a federal hearing
The upcoming sale of federal Gulf of Mexico oil and gas leases was officially postponed today amid legal fights over protections for an endangered species of whale.
Roundup: I-55 repairs / Amazon antitrust trial / US mortgage rates
Two weeks: Repairs to Interstate 55 could take about two weeks to complete after the deadly 168-car pile-up in Manchac last week. The Department...
Companies are taking a slow approach to using a new instant payment system
The Federal Reserve rolled out its FedNow real-time payment system in July of this year, which allows companies to pay their suppliers in seconds,...
Here’s why the I-10 bridge replacement project in Lake Charles stalled
A $2.1 billion plan to replace the aging Interstate 10 bridge in Lake Charles suffered a potentially fatal blow last week when state lawmakers rejected the project’s financing plan because it relied heavily on tolls criticized by trucking companies, reports NOLA.com.
Dozens of state boards and commissions haven’t met in years
An annual review of Louisiana's governing boards shows a net increase of five from the prior year, as well as 14 inactive and dozens that haven't reported any meetings since 2019.
Will shoppers spend more―or less―this holiday season?
The National Retail Federation, the nation’s largest retail trade group, expects shoppers will spend more this year than last year, but their pace will slow given all the economic uncertainty.
Roundup: Amazon payment options / Jobless claims / Murphy Paul
Small business payments: Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use its...
More companies advertising four-day workweeks in job postings
According to research out this week from jobs platform Indeed, employers are more commonly advertising shortened weeks in job postings.
Raising Cane’s sells $500M of junk bonds in debut offering
Raising Cane’s Chicken Fingers sold $500 million of junk bonds Wednesday after receiving strong demand from investors that let it cut the yield it is paying on the debt, Bloomberg reports.
Louisiana Republicans could add to their supermajorities in the Legislature
Louisiana Republicans are poised to expand their current supermajority in the Senate and could do the same in the House when voters cast ballots in 20 runoffs later this month.
