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Business News


Louisiana Closes the Door on Climate Lawfare, and Every Business Benefits
Louisiana just closed the door on one of the biggest legal threats facing its energy industry, and business owners across the state should be paying attention, because the protection doesn't stop at the oil patch. Governor Jeff Landry signed House Bill 804, the Louisiana Energy Protection Act, into law in June, capping off one of the session's signature business wins. The law bars civil lawsuits filed in Louisiana state courts that seek personal injury, property, or economic
Jun 24


Fortified Roofs, Doubled Down: Inside Louisiana's $80 Million Bet on Resilience
Louisiana just found an extra $50 million for one of the few insurance fixes that has actually shown results, and it did it without raising a single tax or fee. Governor Jeff Landry signed House Bill 1187, sponsored by Rep. Paul Sawyer, R-Baton Rouge, in late May, directing $50 million in surplus funds from Louisiana Citizens Property Insurance Corporation into the state's Fortify Homes Program. The money comes from an unusual source: excess funds Citizens collected through a
Jun 17


The Architecture of Growth: How Louisiana is Building a Unified Tech and Manufacturing Economy
Louisiana's economic development strategy of the past eighteen months has often been discussed in silos. Data center announcements in Richland Parish. AI facility decisions in Rapides. Advanced manufacturing commitments in Northeast Louisiana. Each celebrated separately, each impressive on its own. But they're not really separate at all. They're pieces of something larger: a deliberate diversification away from energy-dependent extraction and toward technology-forward product
Jun 12


$80 Million Shot in the Arm: Faith Technologies Brings Advanced Manufacturing to Northeast Louisiana
Faith Technologies Incorporated announced this month what may be the most significant private investment Northeast Louisiana has seen in years: an $80.5 million commitment to build a sprawling 500,000-square-foot Excellerate manufacturing facility in Ouachita Parish, creating at least 200 direct jobs and rippling across the region with over 500 indirect positions. Construction is already underway, with the facility expected to open by spring 2027. For Monroe, a city that's we
Jun 11


Dimon Is Right: Crypto Wants the Benefits of Banking Without the Burdens
Jamie Dimon does not mince words. The JPMorgan Chase chairman and CEO made that abundantly clear last week when he told Fox Business that Coinbase CEO Brian Armstrong is "full of s--t" and promised that the banking industry would mount an aggressive fight against the CLARITY Act, the crypto market structure bill now advancing through Congress. Washington's political class clutched its pearls. The crypto lobby fired back. Senator Cynthia Lummis called his remarks "distasteful.
Jun 2


What We Now Know About New Orleans' Shot at a Free Boring Company Tunnel
New details emerged this week about how New Orleans landed a spot in Elon Musk's Boring Company tunnel competition, and what the city actually proposed to get there. Documents obtained by The Times-Picayune show that Mayor Helena Moreno submitted a four-page proposal in February to The Boring Company's Tunnel Vision Challenge — a competition the company launched in January inviting any entity, public or private, to pitch a one-mile tunnel concept. The company pledged to fund
May 28


$3.6 Billion AI Campus Coming to Rapides Parish in Cenla's Biggest Economic Win in a Generation
Governor Jeff Landry stood at England Airpark on Tuesday and made an announcement that Central Louisiana's economic development community has been waiting years to hear. Applied Digital Corporation — a Dallas-based company that designs, builds, and operates data centers for artificial intelligence and high-performance computing — will develop Delta Forge 1, a $3.6 billion AI factory campus in Rapides Parish. It is the largest economic development project in the region's moder
May 27


Louisiana Is Winning the Investment Race. Now Comes the Hard Part.
The numbers coming out of Baton Rouge over the last two years are the kind that would have seemed implausible a decade ago. Since Governor Jeff Landry took office, Louisiana has secured more than $90 billion in capital investment and nearly 80,000 new job opportunities statewide. In 2025 alone — the largest capital investment year in state history — Louisiana announced more than $61 billion in new projects. The state has won Business Facilities' Platinum Deal of the Year awar
May 20


Louisiana Made Real Progress on Taxes. Then There's the Sales Tax.
Louisiana's tax reform story over the last two years is one worth telling. The 2024 special session produced genuine, structural change: a flat 3% individual income tax, a reduced corporate rate of 5.5%, the elimination of the corporate franchise tax, and permanent full expensing — making Louisiana one of only three states in the country to fully decouple from federal phasedown rules on business investment. The Tax Foundation took notice. Louisiana jumped six spots in its Sta
May 19


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
May 15


OPINION: Crypto Wants to Play by Different Rules. Retail Investors Will Pay the Price
By Sean Corkery One of the first things I did when I turned 18 was open a brokerage account and buy my first stock. The rules were clear, the broker had to be registered with FINRA, material risks had to be disclosed in the prospectus, and fraud carried real legal consequences. These aren't bureaucratic hurdles, they are the bedrock of a system that made American capital markets the deepest and most trusted in the world. Now Congress is considering legislation that would exem
May 12


Louisiana Is Due for a Run — And a Lafayette Banker Is Betting on It
You don't spend four decades in banking without developing a feel for when a market is about to turn. Joe Zanco has that feel — and right now, he's more optimistic about Louisiana than he's been in years. Zanco is the President and CEO of Catalyst Bank, a community lender with deep roots in Acadiana. His career includes more than a decade as CFO at Home Bank, one of the region's largest institutions. He's seen Louisiana's economy at its best and its worst. And when someone wi
May 11
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