A delegation of 75 Acadiana business and community leaders are spending three days in Lexington, Kentucky, to learn lessons from the region that they can apply back home.
Monday, April 24, 2017
Victim's of August's flood shouldn't worry about their flood insurance rates increasing for the next several years, until flood hazard maps are updated, Louisiana Insurance Commissioner Jim Donelon says.
Sunday, April 23, 2017
Sunday, April 23, 2017
Saturday, April 22, 2017
Roughly 400,000 of Louisiana’s flood insurance policyholders could see cheaper prices and better coverage if Congress makes it easier later this year for insurers to sell private flood coverage, industry experts say.
Friday, April 21, 2017
The number of rigs exploring for oil and natural gas in the U.S. rose by 10 this week to 857. Louisiana's count was unchanged, but up 11 from a year ago.
Friday, April 21, 2017
Construction on a new $100 million center for treating cancer patients using proton beam therapy is slated to begin this year at the University Medical Center campus in New Orleans, a development that local and state officials hope will boost its …
Louisiana lost 3,800 nonfarm jobs over the 12-month period through March, with the struggling oil and gas industry again leading the downturn.
Thursday, April 20, 2017
The ripple effect of Cox Communications’ south Louisiana operations have led to more than 9,200 local jobs, personal earnings of $364.7 million and $51.1 million in state and local tax collections, according to an economic impact study released ea…
Monday, April 17, 2017
Kate MacArthur estimates she's met three to four people a day, from public office, industry, real estate, tourism and just about every association in the parish, in her first 30 days as the head of the Ascension Economic Development Corp.
Teen clothing retailer Rue21 is closing 14 Louisiana stores among 400 it will shutter nationwide as it focuses more on its online business.
Canada-based NOVA Chemicals Corp. struck a $2.1 billion deal to buy Williams Partners LP's stake in its Geismar olefins plant, along with 525 undeveloped acres next to the facility and Williams' piece of an ethylene trading hub in Mount Belvieu, Texas.
Sunday, April 16, 2017
Nearly four months into an OPEC-led production cut designed to rein in a global oil glut and lift prices, the bleeding in Louisiana's oil and gas industry hasn't stopped, and uncertainty about the future remains high.
Friday, April 14, 2017
Any other April 15 traditionally would be the day that federal income tax returns are due. Today's not that day.
J.C. Penney is delaying the closure of 138 stores by several weeks to take advantage of better-than-expected sales at those locations, including Cortana Mall in Baton Rouge, North Shore Square in Slidell and one in DeRidder.
Thursday, April 13, 2017
The number of rigs exploring for oil and natural gas in the U.S. rose by 8 this week to 847. Louisiana's count slipped two to 58, still 10 above a year ago.
Wednesday, April 12, 2017
The oil and gas industry trails others when it comes to cybersecurity, leaving it vulnerable to a coordinated attack that could collapse the energy sector and the economy, an information technology expert said Wednesday.
Monday, April 10, 2017
A $1.12 billion manufacturing complex planned by Wanhua Chemical is the latest in a string of foreign megaprojects for Louisiana and second major one from mainland China, potentially a sign of more to come.
Sunday, April 09, 2017
Friday, April 07, 2017
FRANKLIN — The future of public transportation in New York City is taking shape on the bayous of Louisiana and Alabama.
Wednesday, April 05, 2017
U.S. and European regulators have cleared a Chinese conglomerate's proposed $43 billion acquisition of Swiss agribusiness giant Syngenta, which has a plant in St. Gabriel and warehouse leases in Baton Rouge.
Lafayette-based ESP PetroChemicals, which formulates specialty chemicals for the oil and gas industry, has successfully emerged from its Chapter 11 bankruptcy reorganization.
Monday, April 03, 2017
Seven companies have submitted offers to run LSU AgCenter's medical marijuana business, which the center estimates will require an investment of $11.3 million.
Lafayette-based LHC Group Inc. has formed a home health-and-hospice joint venture with Pleasant Valley Hospital in Point Pleasant, West Virginia.
Sunday, April 02, 2017
Friday, March 31, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 824. Louisiana gained 6 rigs to 59 rigs, which is 12 more than a year ago.
IBM is looking at introducing to Louisiana a program that prepares high school students for careers in technology by allowing them to earn college credits and have paid internships while they work on earning a diploma.
Thursday, March 30, 2017
One Louisiana company makes prototypes, another can fabricate metal, while yet another moves earth. Each wants in as subcontractors on the proposed multibillion-dollar border wall along the U.S. boundary with Mexico.
A slumping energy market helped swing Morgan City-based shipbuilder Conrad Industries Inc. to a fourth-quarter loss of $836,000, or 15 cents per share, compared to a profit of $3.4 million, or 63 cents per share, a year earlier.
Wednesday, March 29, 2017
Tuesday, March 28, 2017
Five of Louisiana's nine metro areas added jobs over the 12 months ending Feb. 28, with Baton Rouge and Lake Charles leading the charge.
Tidewater Inc., a New Orleans-based offshore service vessel company, said its latest extension from lenders and noteholders expired on Monday, without the company seeking a renewal of the waiver.
Monday, March 27, 2017
Robert M. Stuart Jr., head of middle market commercial banking for Capital One, will retire April 1 after more than 37 years with Capital One and its predecessors.
Sunday, March 26, 2017
An $80 million Australis Oil & Gas Co. deal for Encana Corp.'s remaining acreage in the Tuscaloosa Marine Shale is an encouraging sign, but oil prices will continue to limit the amount of new drilling, industry experts say.
Friday, March 24, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by 20 this week to 809. Louisiana edged down two rigs to 53, but remained two above a year ago.
Thursday, March 23, 2017
The school board in a south Texas community competing with two Louisiana sites has approved an estimated $1.2 billion in tax breaks to entice Exxon Mobil Corp. and its Saudi partner to build a $9.3 billion petrochemical plant within its district a…
Wednesday, March 22, 2017
NEW ORLEANS — Oil companies have offered $274.8 million for this year's central Gulf of Mexico oil leases, more than last year but only about half the amount bid in 2015.
As Netflix has grown into a global internet TV powerhouse, company officials have had to strike a balance: giving consumers a voice in product development but also trying to make sense of the extensive amount of data it collects on the habits of i…
Sears, once the monolith of American retail, says that there is "substantial doubt" that it will be able to keep its doors open.