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Business News


Op-Ed: Crypto innovation needs stability, not shortcuts
By Rajesh P. Narayanan | Professor of finance, Louisiana State University After months of bipartisan negotiations, Congress continues to debate crypto market structure legislation, though questions remain whether common sense investor protections will be included in a new federal framework for digital assets. These proposals address fundamental questions aimed at providing needed clarity for digital asset markets, including around agency jurisdiction, and trust and confidence
Feb 21


Louisiana Chemical Association CEO says Cancer Alley is a myth
Speaking Wednesday to the Rotary Club of Baton Rouge, Louisiana Chemical Association President and CEO David Cresson discussed the “hard truths” facing the state’s chemical industry—rampant litigation, high insurance costs and workforce shortages among them. But the point he spent the most time on was his desire to push back against what he described as “misinformation” about Louisiana’s industrial corridor, misinformation he said has tainted public opinion of one of the ke
Feb 19


ADVOCATE: LED looking for 'CEO Roundtable' applicants, where leaders can learn from each other
Cohab executive director Jessica Schiele says at least once a month in their CEO Roundtable group, a business leader says “I thought only I was dealing with that.” That is rarely the case, she says, and it's one of the ways the CEO program can help. Over the next month, Louisiana Economic Development will take applications for its 2026 CEO program and they are looking for candidates. Similar to the famous Las Vegas commercial, Schiele says conversations between the CEOs st
Feb 18


La. entrepreneur proposes Spirit Airlines hub for New Orleans
NEW ORLEANS (WAFB) - John Miller, founder of the Country Club of Louisiana, is pitching investors on acquiring Spirit Airlines and establishing a hub in New Orleans. Miller’s annoucement comes as the airline’s stock trades at less than 3 cents per share. Miller said the proposal would boost Louisiana businesses and tax revenue by attracting visitors who would not otherwise come to the state. “If somebody is visiting Louisiana and visiting New Orleans and they would have absol
Feb 17


President Trump Is Rethinking How Americans Build Wealth
President Donald Trump’s push to modernize America’s retirement and savings system reflects a broader and increasingly clear philosophy: long-term economic security comes from early participation, financial literacy, and wider access to the wealth-building tools that have traditionally been limited to institutions and the wealthy. Recent debate over expanding permissible 401(k) investment options, including limited exposure to private equity, private credit, and other alterna
Feb 10


Next oil and gas lease sale for U.S. Gulf scheduled for March
(By Alton Wallace/The Center Square) – The next sale of oil and gas leases in the Gulf of America is set for March 11, one of dozens scheduled over the next 15 years as part of President Donald Trump’s push to increase domestic oil and gas production. The One Big Beautiful Bill Act, signed by Trump in July, mandates 30 auctions in offshore waters in the Gulf and six in Alaska’s Cooks Inlet before the end of 2040. The March sale will open more than 80 million acres on the Oute
Feb 10


OPINION: Community Banks Lead in Small-Business Credit Access: Proposed Legislation Puts That at Risk
By Rajesh P. Narayanan, Ph.D., Louisiana State University The Credit Card Competition Act, sponsored by Senators Durbin and Marshall, aims to inject competition into credit card networks and lower costs for merchants and consumers. The legislation requires issuers with over $100 billion in assets to enable at least two unaffiliated payment networks and gives merchants control over transaction routing. Community banks are explicitly exempt from this threshold. Yet despite thi
Jan 26


Louisiana Secures Back-to-Back Platinum Deal of the Year Awards, Marking a New Era of National Competitiveness
Louisiana has secured Business Facilities magazine’s prestigious Platinum Deal of the Year Award for the second consecutive year, a first in the award’s history and a clear signal that the state has entered a new era of national economic competitiveness. In early January 2026, Business Facilities named Hyundai Steel’s $5.8 billion investment in Ascension Parish as the Platinum Deal of the Year for 2025, recognizing it as the most significant economic development project ann
Jan 20


THACKER: Data centers in Louisiana are good for consumers
By Meghan Thacker Data Centers are coming and they are here to stay. McKinsey has forecast total capital expenditures of $1.7 trillion on AI data centers by 2030, excluding the IT hardware involved – which makes for a bigger number. Louisiana is well-positioned to take advantage of this new industrial era thanks to the state’s robust industrial and energy infrastructure and pro-growth policies being implemented under the leadership of Governor Landry. In addition to the Me
Jan 17


Business First Expands North Louisiana Footprint With Progressive Bancorp Acquisition
Business First Bancshares, Inc. has completed its acquisition of Progressive Bancorp, Inc. and its subsidiary, Progressive Bank, significantly expanding its presence in North Louisiana and pushing total assets to approximately $8.7 billion. The transaction strengthens Business First’s statewide footprint by adding nine North Louisiana branches and deepening its reach in a region that has become increasingly important to Louisiana’s economic growth. “We love this opportunity
Jan 5


From a Pine Tree to a Fiber Network: How Cajun Broadband Is Rewiring Rural Louisiana
At a ribbon-cutting in Vermilion Parish celebrating Cajun Broadband’s latest expansion, there were all the usual trappings of a public milestone: remarks from local officials, a video message from Jeff Landry , and a ceremonial cut of the tape. There was also seafood gumbo — cooked the night before by company co-founder Chris Disher. It was a fitting detail. Cajun Broadband has grown into one of Louisiana’s most important rural infrastructure builders, but it still operates w
Jan 5


Embracing Digital Assets: A Call for Common Sense Legislation in Louisiana
Submitted by DK Willard Louisianans are no strangers to hard work. We consistently rank as one of the hardest working states in the country, with many residents working overtime to pay down loans, invest in their first homes, and create financial stability for themselves and their families. Now, digital assets and new financial technologies are becoming integral to everyday investing, providing new tools to help Americans build financial security in ways previously thought t
Dec 18, 2025
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