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Business News


Major Oil Company Cox Operating Files for Bankruptcy, Leaving South Louisiana Businesses in Jeopardy
Metairie-based oil company Cox Operating LLC, one of the largest independent operators in Louisiana's shallow coastal waters, has filed...
Jun 13, 2023


SBA wants Louisiana residents to prepare homes, businesses for disasters
The U.S. Small Business Administration is not waiting until a disaster happens to get out in communities. Leaders are touring Louisiana...
Jun 13, 2023


Port of South LA to Reevaluate Purchase of Avondale Global Gateway, Potential Price Reduction
The Port of South Louisiana has announced its return to the negotiating table for the proposed purchase of the Avondale Global Gateway,...
Jun 8, 2023


NOLA.com: Survey shows 17% of Louisiana residents lost home insurance last year
Seventeen percent of Louisiana residents say insurance companies canceled their homeowner’s policies last year, according to an LSU...
Jun 5, 2023


ExxonMobil and Nucor Partner to Capture and Store Carbon Emissions in Louisiana
ExxonMobil, the largest U.S. domestic oil and gas company, has announced a partnership with Nucor, a prominent steel-maker, to capture...
Jun 1, 2023


Louisiana's Job Market Flourishes with Addition of 12,800 Jobs, Driving Down Unemployment Rate
Louisiana experienced a remarkable surge in employment as the state added 12,800 jobs from March to April, resulting in improvements...
May 31, 2023


Excessive Lawsuits in Louisiana Result in Massive Job Losses and Economic Decline
According to a recent report released by Louisiana Lawsuit Abuse Watch, excessive civil court costs have led to the loss of nearly 50,000...
May 30, 2023


Ucore Rare Metals to Open Rare Earth Processing Site in Louisiana, Creating 100 Jobs
Ucore Rare Metals Inc., a Canadian company that partnered with Louisiana Economic Development last year, has announced its decision to...
May 25, 2023


Louisiana Moves to Enforce Disclosure of Litigation Finance Agreements
Louisiana is joining the ranks of states aiming to regulate the litigation finance industry by introducing legislation that mandates the...
May 24, 2023


Chicago-Based Private Equity Firm Acquires LSU-Area Apartment Complex for $23.8 Million
Chicago-based private equity firm, Riverbend Owners LLC, has successfully acquired The Villas at Riverbend, an apartment complex located...
May 23, 2023


Louisiana's Rural Entrepreneurship Initiative Supports Small Businesses in Overcoming Challenges
Louisiana Economic Development (LED) has chosen nine small businesses from across the state to take part in the third annual Rural...
May 23, 2023


GREG BOWSER: Keeping Louisiana sustainable and beautiful through Advanced Recycling
Louisiana has always been a pioneer and leader in the chemical industry. Whether it be new technologies, monumental expansions, product...
May 19, 2023
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