Unemployment benefits: Officials with the Louisiana Workforce Commission say the agency paid $240 million in additional unemployment benefits mandated by President Donald Trump, known as Lost Wages Assistance, to almost 300,000 eligible unemployed residents Wednesday, Aug. 26. LWC says it’s the largest ever payout of benefits in a single day in Louisiana. WAFB-TV has the full story.
DOTD funds: U.S. Rep. Garret Graves this morning announced $14.4 million in federal funding from the Federal Highway Administration is being granted to the Louisiana Department of Transportation and Development. Graves says he plans to work with the state to push for south Louisiana projects to receive additional funding. See the announcement.
Stores to close: Lord & Taylor, one of the country’s oldest department store chains, is going out of business after filing for bankruptcy earlier this month. The retailer was sold just a year ago for $100 million to Le Tote, a San Francisco online clothing rental company, by Canadian parent Hudson’s Bay Co. Lord & Taylor will permanently close its remaining 38 stores and shut down its website, the company said Thursday. It is currently holding going-out-of-business sales in stores and online. Read the full story.