Roundup: Red light camera lawsuit / Business First stock buyback / Google goes big

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Red light, green light: Metairie attorney Joseph R. McMahon and Hammond attorney Anthony S. Maska have filed a lawsuit alleging that enforcement of the Baton Rouge’s traffic camera ordinance by the Department of Public Works violates the Home Rule Charter of the City of Baton Rouge, which only authorizes the Police Department to enforce the city’s ordinances. As WAFB-TV reports, both attorneys successfully petitioned for a class action in New Orleans using the same legal argument in 2017. Read the full story.

Here’s the deal: Business First Bancshares Inc., the holding company for Business First Bank, announced this morning that its board of directors has adopted a stock repurchase program. Under the plan, Business First may repurchase shares of its common stock with an aggregate purchase price of up to $15 million during the 24-month period beginning on Dec. 13, 2018. Read the full announcement.

Google it: Google plans to spend more $1 billion on a new campus along the Hudson River in New York City that will allow it to double the number of employees in the city. Google’s announcement comes a month after Amazon said it would put one of its second headquarter locations in New York’s Long Island City neighborhood, creating upward of 25,000 jobs in the region. Read the full story.

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