Business News

Why is Louisiana's $113M Stimulus Money for Small Businesses Stuck in Red Tape?

Louisiana's economic development agency is mired in red tape and falling behind its peers in distributing a $113 million pot of federal...

Apple to post fourth consecutive quarterly sales decline Thursday

Apple is expected to post its fourth consecutive quarterly revenue decline when it reports earnings after the bell Thursday. Wall Street...

Foundation for Economic Education: The Credit Card Competition Act declines to protect consumers

Thanks to sky-high inflation , credit card delinquency has risen this month to its highest rate in over 10 years. Rather than helping to...

Wall Street suddenly appears confident America will avoid a recession

Written by Krystal Hur for CNN.com Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that...

Proposed Credit Card Regulations Threaten to Increase Costs for Consumers and Merchants

The Credit Card Competition Act of 2023, nicknamed "Durbin 2.0," has been making waves in the financial industry, proposing significant...

Investment Banks See Slump in 2023

Introduction Morgan Stanley, one of the prominent players in the financial services industry, recently released its Q2 earnings report,...

Coca-Cola and Partners Launch $137.7 Million Fund to Invest in Sustainable Solutions and Reduce Carb

Introduction The Coca-Cola Company, in collaboration with eight bottling partners, has taken a significant step forward in its commitment...

Elite Few Find Relief in Group Captive Insurance as Premiums Soar in New Orleans

Woodward Design + Build, a prominent development firm in New Orleans known for its major projects, including the Four Seasons Hotel, has...

Louisiana Lawmakers Pass Tax Reforms, Await Governor's Approval on Key Measures

Louisiana lawmakers have successfully passed a series of tax reforms during the 2023 regular session, with some measures awaiting the...

Changing Fortunes: Lawyers Surpass Bankers in Pay as Law Firms Offer Lucrative Compensation Packages

In a significant shift in the financial industry, lawyers are now outearning bankers as law firms adopt new compensation structures and...

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...

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...

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