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Business News


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


Study Shows $1 Trillion Cost Savings For Taxpayers By AddingMedicare Coverage for Weight Loss Drugs
A recently published white paper by the USC Schaeffer Center sheds light on the immense value that Medicare coverage for new classes of...
May 25, 2023


China Bans Major Chip Maker Over National Security Concerns
China's cyberspace regulator has declared that products made by Micron Technology, the largest memory chip maker in the US, pose "serious...
May 25, 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


Kohl's Surprises with Profit and Maintains Full-Year Outlook, Shares Rise
Kohl's, the struggling retailer, experienced a surge in its shares on Wednesday after reporting an unexpected profit and reaffirming its...
May 24, 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


Lake Charles Announces New Business Innovation Center and Small Business Development Week
Small business owners in Southwest Louisiana are receiving more focus and support from local organizations. This week, the City of Lake...
May 18, 2023


Shell Catalysts & Technologies to Expand Louisiana Facility with $121.7m Investment
Shell Catalysts & Technologies has announced its decision to expand its facility in West Baton Rouge Parish at a cost of $121.7m, with a...
May 17, 2023


REPORT: LA Energy Industry Adds Over $54 billion to State’s Economy
A new report commissioned by the American Petroleum Institute (API) and prepared by PricewaterhouseCoopers (PwC) highlights the growing...
May 17, 2023
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