Business News

Dec 5

Meta Selects Northeast Louisiana as Site of $10 Billion Artificial Intelligence Optimized Data Center; Governor Jeff Landry Calls Investment ‘A New Chapter’ for State

RICHLAND PARISH, La. – Facebook and Instagram parent company Meta announced it will build a $10 billion artificial intelligence data...

Nov 20

Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels

The company, which last month said it was studying the idea , will separate off entertainment and news channels including MSNBC, CNBC,...

Nov 16

Sweeping tax overhaul in Louisiana hits snag on sales tax expansion

BATON ROUGE, La. (AP) — Louisiana lawmakers on Thursday postponed a vote on a key bill in Gov. Jeff Landry’s sweeping and complex tax...

Nov 11

‘This tax code is broken’: Gov. Landry pitches Louisiana tax overhaul to start special session

Louisiana Gov. Jeff Landry kicked off a two and a half week special session with a call for legislators to drastically overhaul the...

Nov 4

Louisiana's Tax Code Reform: A Path to Competitiveness and Growth

Louisiana's current tax code features several inefficient and uncompetitive policies, resulting in the state falling behind in tax...

Oct 21

Opposition Grows Against the Credit Card Competition Act

Credit unions and their advocates have spent months raising concerns with lawmakers about the Credit Card Competition Act (CCCA). These...

Aug 15

Mortgage rates are way below their peak. Americans are swooping in

The standard, 30-year fixed-rate mortgage averaged 6.49% this week, up slightly from the prior week’s level, Freddie Mac reported...

Aug 5

Evaluating Security in Credit Card Networks: Lessons from the Recent CrowdStrike Incident

On Friday morning, a massive outage linked to a faulty software update from cybersecurity firm CrowdStrike rippled across multiple...

Aug 5

Stock Market Today: Dow, S&P 500, Nasdaq Slide Amid Global Selloff

A stock-market selloff extended around the world, with U.S. indexes sliding and volatility spiking. In early trading, the Nasdaq...

Aug 5

Lack of Broadband May Be Stifling Rural Louisiana Business

The Tunica-Biloxi Tribe hosted its third annual Louisiana Rural Economic Development conference in Marksville. Speakers ranged from the...

Jul 30

LA Based Hospital Launches $10M Louisiana Investment Fund

Ochsner Health’s venture arm has launched the Ochsner Louisiana Innovation Fund, a $10 million fund for investments in Louisiana-based,...

Jul 29

Baton Rouge software company Kologik acquired after filing for bankruptcy

Kologik, a Baton Rouge-based software company born out of the ashes of the once-prominent tech firm Thinkstream, has been acquired by...

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