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Business News


The Drug Pricing Fight Washington Gets Wrong Has Real Consequences for Louisiana
Louisiana families know what it feels like to stretch a budget. They know what it costs to fill a prescription. And most of them have no idea that a significant reason American drug prices are so high is that wealthy foreign governments — our own allies — have spent decades rigging the system to avoid paying their fair share. That imbalance is now squarely in the crosshairs of the Trump administration, and Louisiana has every reason to pay close attention. A recent analysis f
15 minutes ago


Why Eliminating the Income Tax Could Be Louisiana’s Strongest Economic Development Tool
Louisiana’s economic challenges are well known in the business community: slow population growth, inconsistent job creation, and difficulty attracting outside investment compared to neighboring Southern states. While recent tax reforms have improved the state’s standing, they have not yet addressed the core issue shaping long-term competitiveness—how Louisiana taxes income. For business leaders and site selectors, tax structure is not just a line item. It is a signal. It refl
7 days ago


Inside Louisiana's Quiet Play to Land SpaceX
Something unusual is happening in the wetlands south of Pecan Island, and in the committee rooms of the Louisiana Legislature, and in the quiet corridors of the Landry administration. Hunting leases are being cancelled. ExxonMobil is shelving a major carbon capture project. A coordinated package of aerospace incentive bills materialized in the Louisiana Legislature within 48 hours of the March 31 filing deadline, carried by two of the most powerful committee chairmen in the H
May 7


Sweet Returns: Domino Sugar's $785 Million Bet on Louisiana
here is a version of Louisiana's economic story that is always about what's next — the next LNG terminal, the next petrochemical plant, the next foreign manufacturer choosing a greenfield site along the Mississippi River corridor. That story is real and it matters. But this week in Arabi, St. Bernard Parish, a different kind of economic signal went into the ground: a groundbreaking that looked backward as much as it looked forward, and that may say more about Louisiana's unde
May 7


Amendment 4 Would Help Louisiana Compete Again
For decades, Louisiana has imposed one of the most economically damaging and outdated taxes in America: the inventory tax. At a time when states across the South are competing aggressively for manufacturing projects, logistics hubs, distribution centers, and industrial investment, Louisiana continues taxing businesses simply for holding inventory on shelves and in warehouses. Forty-one states do not impose this type of tax at all. That matters. The inventory tax punishes comp
May 1


$17.5 billion LNG project anchored by $1B investment in Louisiana businesses
Thanks to the more than $300 million services contract to Green Tug Towing , a joint venture of Harbor Docking & Towing and Saltchuk Marine , for the design and construction of four new tugs to be built at C&C Marine and Repair in Belle Chase and delivered to Louisiana LNG in 2028, Woodside and its contractors have now committed more than $1 billion to Louisiana suppliers for the foundational development of this LNG project. Jeff Landry , Louisiana Governor, highlight
Apr 21


Why SpaceX Should Look to Louisiana — and Why Jeff Landry Is Right to Make the Pitch
For decades, Louisiana has quietly played a central role in America’s space program. Now, as commercial space companies look to expand, the state has a real opportunity to turn that legacy into a competitive advantage—and Gov. Jeff Landry is right to aggressively make that case. Louisiana isn’t trying to build an aerospace industry from scratch. It already has one. NASA’s Michoud Assembly Facility in New Orleans has been the backbone of American rocket manufacturing for more
Apr 9


Washington’s Crypto Debate Could Impact Louisiana’s Community Banks
For most Louisianans, the debate happening in Washington over cryptocurrency regulation can feel distant. But the outcome will have very real consequences — especially for the community banks that power local economies across the state. As Congress works toward advancing the CLARITY Act, one of the most important provisions taking shape is a bank-friendly approach to stablecoin regulation. That matters more than it might seem. Stablecoins are often described as digital dollar
Mar 30


LSU Study Highlights Massive Economic Potential of Louisiana’s Carbon Capture Energy Boom
A new report from the LSU Center for Energy Studies makes one thing clear: carbon capture and sequestration (CCS) isn’t just an environmental discussion in Louisiana—it’s a major economic opportunity. Based on publicly announced projects and existing industrial capacity, the report outlines what a full CCS buildout could mean for the state’s economy, workforce, and long-term industrial competitiveness. At the center of the analysis are 13 announced projects across Louisiana
Mar 25


$2 Billion Lesson: How One Louisiana Parish Lost a Transformational Project—and What It Means for the Rest of the State
A revealing moment during the Louisiana House Commerce Committee’s March 18 hearing made one thing unmistakably clear: political opposition to carbon capture is no longer a theoretical debate—it is costing Louisiana real projects, real jobs, and real investment. And in Beauregard Parish, that cost has already been paid. Testifying on House Bill 670, Louisiana Economic Development’s Chief Business Development Officer Paige Carter delivered a striking example. A confidential co
Mar 19


Op-Ed: Louisiana's energy future: Who's really calling the shots?
Louisiana holds one of the richest energy portfolios on Earth: abundant resources, unmatched ports, a proven workforce, and a strategic position at the crossroads of global trade. We should be the undisputed leader in America's energy story. Instead, we are locked in a defensive battle over our own backyard. A new Pelican Institute report, Barriers to Louisiana Energy Dominance , cuts straight to the core issues: outdated policies, regulatory uncertainty, runaway litigation,
Mar 17


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
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