Finance & Markets

Dec 55 min read

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 202 min read

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 163 min read

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...

3 days ago4 min read

In sharply changing energy world, Louisiana, Gulf Coast expected to see big investment

With rising global demand, Louisiana's growing energy sector is expected to try to balance continuing fossil fuel-based production and...

Dec 24 min read

Drugs like Wegovy, Ozempic would be covered by Medicare, Medicaid under Biden proposal

Millions of Americans with obesity would be eligible to have popular drugs used for weight loss like Wegovy or Ozempic covered by...

Dec 22 min read

Rising LNG Prices and Louisiana's Critical Role in the Global Market

Liquefied natural gas (LNG) prices are set to rise sharply as demand outpaces supply heading into 2025. After record-low prices in 2023...

Dec 22 min read

Addressing Louisiana’s Orphaned Oil and Gas Wells: A Call for Reform

Louisiana’s oil fields, long a cornerstone of its economy, now bear the scars of regulatory neglect. Abandoned wells, rusty tanks, and...

Nov 202 min read

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,...

Oct 125 min read

Employers must get off the sidelines in the obesity fight

Coverage of obesity treatments will become a recruitment and retention tool for workers in a competitive hiring market. Obesity is a...

Oct 72 min read

Dr. Loren Scott: Signs pointing to a stronger north Louisiana economy

Dr. Loren Scott brought his traveling “Louisiana Economic Forecast” presentation to a full house at the Port of Caddo-Bossier recently,...

Sep 275 min read

Can Louisiana compete with Texas? Become a tech hub? LED's new leader sees a way to do it.

When Susan Bonnett Bourgeois became the secretary of Louisiana Economic Development in January , her new boss, Gov. Jeff Landry, charged...

Sep 243 min read

FORBES:It’s Time For The Truth On The High Cost Of Drugs

Reposted from an opinion piece by Steve Forbes. Make no mistake , our medicines, like everything else these days, cost far more than they...

Aug 212 min read

Certain execs from insolvent insurers barred from serving as MGAs in Louisiana

Certain officers, directors, and other executives from insurance companies that have gone insolvent will now be barred from acting as...

Top Stories

Lincoln Foodservice Equipment Sets Up National Operations Base in Shreveport, Creating Nearly 100 Direct New Jobs

Lincoln Foodservice Equipment, a Welbilt brand company that produces commercial-grade foodservice equipment, announced it is establishing...

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...

Energy sector 'could absolutely do well again' in 2023, says analyst

Energy is the best performing sector year-to-date. The S&P 500 Energy ETF (XLE) is up 62%, far outperforming any other equity group in...

Credit Suisse’s Investment Bank Spinoff Attracts Saudi Crown Prince

Saudi Arabia’s Crown Prince Mohammed bin Salman is preparing to invest in Credit Suisse Group AG’s investment bank, the Wall Street...

Florida follows Louisiana - pulls $2B from BlackRock in largest anti-ESG divestment

Florida's chief financial officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc...