Business News

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 6, 2023

BARRONS: What Kevin McCarthy and the House Speaker Turmoil Means for Markets

California Republican Kevin McCarthy lost another string of votes to become House speaker Thursday, as the drama on Capitol Hill extended...

Jan 5, 2023

Salesforce Slashes Staff in Early 2023 Move

Salesforce CEO Marc Benioff is putting to rest right out of the gate in 2023 that he's serious about improving profit margins, which Wall...

Jan 4, 2023

After a Bumpy Year, Renewable Energy Looks Poised for Boom Times

Net additions of renewable electricity rose to an estimated 352 gigawatts of capacity in 2022, up from 286 GW in the previous year,...

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,...

Jan 4, 2023

Entergy subsidiary forced to refund $160M to Louisiana customers

The Federal Energy Regulatory Commission this week handed down a pair of decisions that will force a subsidiary of Entergy to refund...

Jan 3, 2023

ZERO HEDGE: Tesla Tumble Reignites After Disappointing Deliveries

Short-sellers in the world's largest EV maker continue to do well as 2023 starts with Tesla down 10% after missing expectations on new...

Jan 2, 2023

BAYHAM: You Really Don’t Want Southwest Airlines To Fail

This may go down as the worst week not involving a flight incident in the history of Southwest Airlines as the Dallas-based carrier has...

Dec 14, 2022

Uncertain Plans for a New Global Minimum Tax Are Weighing on Business

Multinational companies are navigating a fog of uncertainty, facing trade wars, ruined supply chains, and a dramatic rise in geopolitical...

Dec 14, 2022

The Fed Will Lift Rates Again Wednesday. What to Expect After That.

The Federal Reserve’s efforts to tame runaway inflation appear to be working, but there is still a long way to go. Investors rejoiced on...

Dec 14, 2022

Louisiana business group makes trade mission to Guyana

Guyana, an oil-producing country on South America’s north Atlantic coast, received a November visit from a Louisiana trade delegation...