Sunday, June 25, 2017
Saturday, June 24, 2017
While Louisiana has just lived through Tropical Storm Cindy and the anniversary of last August's devastating floods is fast approaching, Congress is wrestling with proposals for revising the flood insurance program that have cost-saving measures c…
Friday, June 23, 2017
Jeanerette-based shipbuilder Metal Shark has won a federal contract that could be worth $54 million to build Near Coastal Patrol Vessels.
Despite a prolonged slump in oil prices, U.S. oil-drilling activity is more than double what it was a year ago and Louisiana's overall count is up.
Friday, June 23, 2017
The jobs picture remained mixed for Louisiana in May, with the state posting a slight increase in employment but the majority of metro areas once again posting year-to-year losses.
Thursday, June 22, 2017
MidSouth Bancorp officials said a recent $55 million stock sale is part of an effort to address concerns by federal bank regulators who recently found the institution is in "troubled condition" because of sustained low oil prices.
Wednesday, June 21, 2017
Offshore oil and gas operators in the Gulf of Mexico are evacuating production platforms and shutting in wells ahead of Tropical Storm Cindy, which is expected to make landfall sometime early Thursday.
Tuesday, June 20, 2017
A new report says by 2020 Louisiana's oil and gas industry will recover about half the 17,000 jobs lost during the recent downturn, while energy manufacturing and refining sectors will remain strong.
Monday, June 19, 2017
Louisiana business and political leaders say President Donald Trump’s new restrictions on dealing with the Cuban government will have little effect on efforts to boost trade between the state and the communist country.
Sunday, June 18, 2017
Friday, June 16, 2017
Louisiana reversed its job decline in May, adding 6,300 people to payrolls over a 12-month period that saw gains in four job sectors offset losses in six others that included a still-struggling oil and gas industry.
Baton Rouge-based Amedisys Inc. has agreed to pay $43.8 million to settle a federal lawsuit by investors who claimed the home health care firm and top executives inflated the company's financial results and share prices through a Medicare fraud scheme.
Thursday, June 15, 2017
Former state representative Bryan Adams has been named executive director of the Louisiana Seafood Promotion and Marketing Board.
Mattress company Select Comfort Corp. plans to open a call-in and online live chat sales center in Jefferson Parish in August that will create 225 full-time jobs, company and state officials said Thursday.
Wednesday, June 14, 2017
Louisiana is on track to receive at least $8.7 billion from BP over the next 15 years for coastal restoration efforts, a move that will create thousands of jobs and protect important industries such as fisheries, ports and energy.
Monday, June 12, 2017
Children's clothing retailer Gymboree Corp., which has eight south Louisiana locations of its three store brands, is filing for Chapter 11 bankruptcy protection, the latest sign of traditional retailers' struggles as shoppers shun stores and buy online.
Sunday, June 11, 2017
Friday, June 09, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. rose by 11 this week to 927. Louisiana gained 1 rig to 64, but is up 17 from a year ago.
Thursday, June 08, 2017
A tanker sailing out of southwest Louisiana arrived in Poland Thursday with the first liquefied natural gas shipment ever delivered from the United States to Poland as part if its — and the region's — efforts to cut dependence on Russia.
Safety Management Systems LLC in Lafayette has acquired Texas-based Liberty Pipeline Services LLC, an energy pipeline services consulting firm.
Wednesday, June 07, 2017
From 2003 to 2014, Louisiana businesses and economic revitalization projects were awarded $2.46 billion in New Market Tax Credits, incentives designed to spur investment in low-income communities.
Coffee, hot sauce and beer from south Louisiana were in the spotlight during this year's state Lantern Awards, recognizing companies for excellence in manufacturing and service to their communities.
Tuesday, June 06, 2017
An agreement in a years-long fight with Mexico over illegal dumping of cheap, subsidized sugar on the U.S. market has been reached that the Commerce Department says addresses sugar industry concerns, but doesn't have its support.
Lamar Advertising's digital billboards will promote Paramount Pictures' new "Transformers" movie by flashing personalized messages to oncoming cars in select markets.
Sunday, June 04, 2017
A new website will help connect Louisiana businesses — large, small, owned by minorities, women or veterans — to potential contracts involving billions worth of industrial and coastal restoration projects.
Friday, June 02, 2017
New Orleans-based International Shipholding Corp. has won approval for a reorganization plan that will see the company emerge from bankruptcy as part of Florida-based SEACOR Holdings Inc.
Thursday, June 01, 2017
As many as 808,000 Louisiana homes could potentially be damaged by hurricane-driven storm surge, the second-highest number of any state, according to business analytics firm CoreLogic.
Wednesday, May 31, 2017
Patients with Vantage Health Plan insurance can now schedule appointments and get treatment at any Franciscan Missionaries of Our Lady Health System location, including the 15 hospitals and clinics in the Baton Rouge, North Shore and Lafayette areas.
Sunday, May 28, 2017
In the aftermath of the BP oil spill, Scott Angelle's experience in Washington as a leading voice against the federal deepwater drilling moratorium imposed by the Obama administration offered him a glimpse into the federal culture that one day he'…
Discipline, commitment to service, maturity and leadership honed under often challenging circumstances and an ability to adapt quickly, not to mention requisite technical skills.
Friday, May 26, 2017
The jobs picture was mixed for Louisiana’s cities in April, with five metro areas posting year-to-year job losses and four adding jobs.
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. rose by seven this week to 908. Louisiana was unchanged for the week, but up 16 rigs from a year ago.