Business News

Jan 22, 2023

LA Adopts New Licensure Standards For Crypto Currency

Louisiana has become the first state to follow New York's lead in issuing a crypto-specific license, accepting Louisiana Virtual Currency...

Jan 21, 2023

Some Call For Special Session To Deal With Insurance Crisis

As Louisiana faces ongoing insurance challenges, with insurers leaving or going out of business in the state, some lawmakers are calling...

Jan 19, 2023

Shrimp & Oyster Prices Set to Rise Due to Major LA Coastal Restoration Project

Louisiana's largest-ever coastal restoration project may have a hidden cost Louisianans will pay when they order a round of oysters or...

Jan 18, 2023

Energy Startup pulls off first meaningful CO2 direct-air capture - plans to move into LA

Startup Climeworks AG achieved an important milestone recently by successfully pulling CO2 from the open air and storing it underground...

Jan 17, 2023

Buc-ee's Chooses Ruston, LA As Next Location!

Buc-ee's will open a $50 million travel center in Ruston, the Texas chain's first location in Louisiana. A minimum of 200 people will...

Jan 17, 2023

More insurance companies pull out of Louisiana

Thousands of folks in the south no longer have home insurance because companies are leaving the area after years of devastating storms....

Jan 13, 2023

Former Shell Executive, State Sen. Sharon Hewitt Enters Race For Governor

Touting her experience alongside "roughnecks" and on the offshore oil rigs owned by the Royal Dutch Shell Corporation, Sen. Sharon Hewitt...

Jan 12, 2023

State money to lure property insurers to Louisiana won’t come until spring

Gov. John Bel Edwards and lawmakers intend to wait until April to fund an incentive program meant to attract more property insurance...

Jan 6, 2023

BUSINESS WIRE: IMTT Announces Sale of Gretna, Louisiana Terminal

NEW ORLEANS--(BUSINESS WIRE)--IMTT announced today that it has closed on the sale of the company’s bulk liquids storage terminal located...

Jan 6, 2023

Louisiana oil and gas sector expected to shrink this year

Louisiana’s oil and gas industry is expected to shrink slightly this year due to a combination of economic and geopolitical factors,...

Jan 4, 2023

Germany’s first LNG shipment came from this Louisiana export terminal

Germany’s first import of liquefied natural gas came from a Louisiana export terminal, according to the company that produced the fuel...

Jan 4, 2023

Louisiana regulators approve LCMC Health purchase of Tulane hospitals

State regulators have approved LCMC Health’s planned acquisition of the three Tulane University Medical Center hospitals from HCA,...