Business News

Jan 18, 2023

Oil Prices Fall as Concerns of U.S. Recession Outweigh Optimism of China's Lifting of COVID-19 Curbs

Oil prices fell on Wednesday, with Brent futures dropping 1.1% to $84.98 a barrel and U.S. West Texas Intermediate (WTI) crude falling...

Jan 18, 2023

"Dollar Touches Seven-Month Low Amid Weak US Economic Data and Lower Interest Rate Expectations"

The US dollar experienced a sharp decline on Wednesday, reaching its lowest point in seven months. This reversal of trend, which had...

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

OPINION: Tik-Tok Is A Matter Of National Security

Any time you hear “ban” and “media” in the same sentence, it should raise your antennae or trigger your gag reflex, because any chilling...

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 11, 2023

Stocks rise with focus on CPI later this week

U.S. stocks ascended at Wednesday's open as Wall Street counted down to a crucial inflation reading and big bank earnings later this...

Jan 6, 2023

Is Congress Going to Kill Credit Card Rewards?

Credit card rewards are so common these days — so expected, even — that they can seem untouchable. But that could change. Legislation...

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

The House Speaker Drama Will Hit the Market Next. Get Ready for the Debt Ceiling Battle

Even before the tussle erupted, Goldman Sachs economists called the debt limit the biggest political risk facing financial markets in...