Business News

May 25, 2023

Ucore Rare Metals to Open Rare Earth Processing Site in Louisiana, Creating 100 Jobs

Ucore Rare Metals Inc., a Canadian company that partnered with Louisiana Economic Development last year, has announced its decision to...

May 24, 2023

Louisiana Moves to Enforce Disclosure of Litigation Finance Agreements

Louisiana is joining the ranks of states aiming to regulate the litigation finance industry by introducing legislation that mandates the...

May 23, 2023

Chicago-Based Private Equity Firm Acquires LSU-Area Apartment Complex for $23.8 Million

Chicago-based private equity firm, Riverbend Owners LLC, has successfully acquired The Villas at Riverbend, an apartment complex located...

May 23, 2023

Louisiana's Rural Entrepreneurship Initiative Supports Small Businesses in Overcoming Challenges

Louisiana Economic Development (LED) has chosen nine small businesses from across the state to take part in the third annual Rural...

May 19, 2023

GREG BOWSER: Keeping Louisiana sustainable and beautiful through Advanced Recycling

Louisiana has always been a pioneer and leader in the chemical industry. Whether it be new technologies, monumental expansions, product...

May 18, 2023

Lake Charles Announces New Business Innovation Center and Small Business Development Week

Small business owners in Southwest Louisiana are receiving more focus and support from local organizations. This week, the City of Lake...

May 17, 2023

Shell Catalysts & Technologies to Expand Louisiana Facility with $121.7m Investment

Shell Catalysts & Technologies has announced its decision to expand its facility in West Baton Rouge Parish at a cost of $121.7m, with a...

May 17, 2023

REPORT: LA Energy Industry Adds Over $54 billion to State’s Economy

A new report commissioned by the American Petroleum Institute (API) and prepared by PricewaterhouseCoopers (PwC) highlights the growing...

May 12, 2023

Ruston's Anticipation Builds as Buc-ee's Prepares to Make Its Debut in Louisiana

Ruston Mayor Ronny Walker is causing quite a stir in his town, as residents eagerly await the arrival of Buc-ee's, a Texas-based gas...

May 11, 2023

Ochsner Health to Cut 770 Jobs in Louisiana and Mississippi to Reduce Costs and Ensure Future Succes

Ochsner Health, one of Louisiana's largest private employers, is cutting its workforce by 770 employees in Louisiana and Mississippi. The...

May 10, 2023

Port of South Louisiana Delays $445 Million Purchase of Former Avondale Shipyard

The Port of South Louisiana has delayed the closing of its $445 million deal to buy the former Avondale Shipyard site, which was once...

May 10, 2023

Analysts Predict Oil Prices Will Soon Recover After Recent Slide

Oil Prices Expected to Recover in Q2 and Q3 of 2023 Analysts predict that oil prices will start to recover soon after the recent slide,...