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Business News


Speaker Approaches Legislative Triumph With Funding Package
By George Caldwell/Daily Signal) – On Thursday, Congress could take a step toward restoring a now old-fashioned way of funding the government while eliminating a spending policy from President Joe Biden’s administration. The House will consider its final batch of appropriations bills for fiscal year 2026 to fund several federal agencies. Speaker of the House Mike Johnson, R-La., on Wednesday said the spending process has been restored to a “committee-led, member-driven app
Jan 22


50 Cent’s Louisiana Studio Complex Signals Growing Momentum for the State’s Film and Entertainment Economy
Curtis “50 Cent” Jackson is bringing a major entertainment investment to Louisiana, announcing plans to develop a large-scale film and television production complex that would further cement the state’s position as a competitive hub for creative industries. The project, led by Jackson and his G-Unit Film & Television banner, would transform a long-vacant facility into a full-service studio campus capable of supporting high-end film, television, and streaming productions. The
Jan 21


Louisiana Secures Back-to-Back Platinum Deal of the Year Awards, Marking a New Era of National Competitiveness
Louisiana has secured Business Facilities magazine’s prestigious Platinum Deal of the Year Award for the second consecutive year, a first in the award’s history and a clear signal that the state has entered a new era of national economic competitiveness. In early January 2026, Business Facilities named Hyundai Steel’s $5.8 billion investment in Ascension Parish as the Platinum Deal of the Year for 2025, recognizing it as the most significant economic development project ann
Jan 20


THACKER: Data centers in Louisiana are good for consumers
By Meghan Thacker Data Centers are coming and they are here to stay. McKinsey has forecast total capital expenditures of $1.7 trillion on AI data centers by 2030, excluding the IT hardware involved – which makes for a bigger number. Louisiana is well-positioned to take advantage of this new industrial era thanks to the state’s robust industrial and energy infrastructure and pro-growth policies being implemented under the leadership of Governor Landry. In addition to the Me
Jan 17


Chevron asks Supreme Court for rematch in Louisiana wetlands case
(The Center Square) – A Louisiana jury last April determined oil giant Chevron owed $744 million for environmental damage to the state’s coastline. Chevron, seeking a rematch in a potentially friendlier arena, told the U.S. Supreme Court on Monday that a federal court should decide the case. Chevron’s argument centers on a federal law that allows defendants to move certain lawsuits from state court to federal court when the claims are tied to actions taken under federal autho
Jan 13


Economist: Jobs data shows Louisiana ‘muddling through’
Louisiana’s job market showed modest improvement over the past year, but the state’s economy remains mostly stagnant, an LSU Shreveport economist says. Louisiana’s unemployment rate fell to 4.3% in November, tied for 33rd among the 50 states and lower than the national rate of 4.6%, according to the U.S. Bureau of Labor Statistics . The number of unemployed Louisianans declined to 88,684, down from 96,134 a year earlier, while the state’s labor force was essentially flat y
Jan 13


Business First Expands North Louisiana Footprint With Progressive Bancorp Acquisition
Business First Bancshares, Inc. has completed its acquisition of Progressive Bancorp, Inc. and its subsidiary, Progressive Bank, significantly expanding its presence in North Louisiana and pushing total assets to approximately $8.7 billion. The transaction strengthens Business First’s statewide footprint by adding nine North Louisiana branches and deepening its reach in a region that has become increasingly important to Louisiana’s economic growth. “We love this opportunity
Jan 5


From a Pine Tree to a Fiber Network: How Cajun Broadband Is Rewiring Rural Louisiana
At a ribbon-cutting in Vermilion Parish celebrating Cajun Broadband’s latest expansion, there were all the usual trappings of a public milestone: remarks from local officials, a video message from Jeff Landry , and a ceremonial cut of the tape. There was also seafood gumbo — cooked the night before by company co-founder Chris Disher. It was a fitting detail. Cajun Broadband has grown into one of Louisiana’s most important rural infrastructure builders, but it still operates w
Jan 5


Embracing Digital Assets: A Call for Common Sense Legislation in Louisiana
Submitted by DK Willard Louisianans are no strangers to hard work. We consistently rank as one of the hardest working states in the country, with many residents working overtime to pay down loans, invest in their first homes, and create financial stability for themselves and their families. Now, digital assets and new financial technologies are becoming integral to everyday investing, providing new tools to help Americans build financial security in ways previously thought t
Dec 18, 2025


Louisiana Secures ElementUSA’s $850 Million Investment, Strengthening the State’s Economy and America’s Critical Minerals Supply Chain
Louisiana has secured another major industrial investment with national significance. ElementUSA’s decision to invest $850 million in a rare earth and critical minerals refining facility in St. John Parish marks an important milestone for the state’s economy and its expanding role in strengthening America’s domestic supply chains. The project is expected to create 200 direct jobs with an average annual salary of $90,000, nearly 30 percent above the average wage in St. John Pa
Dec 16, 2025


Saronic Technologies to Invest $300 Million in Franklin Shipyard, Creating More Than 3,200 Jobs in Louisiana’s Bayou Region
Saronic Technologies, a fast-growing leader in autonomous vessel manufacturing, announced a major expansion of its Franklin shipyard that will bring new life to one of Louisiana’s most historic maritime communities. The company is investing $300 million to increase production capacity, strengthen the state’s advanced manufacturing base, and create more than 3,200 new job opportunities across the Bayou Region. The project will create 1,500 direct jobs with an average annual
Dec 15, 2025


Louisiana Expands Electronic Filing Mandate for Business Taxes
Beginning in 2026, most Louisiana businesses will be required to file their tax returns and payments electronically — part of a broader modernization push by the Louisiana Department of Revenue (LDR) aimed at cutting costs and improving efficiency. The expanded mandate will apply to nearly all business tax returns, forms, payments, and fees, including sales and use taxes, withholding taxes, oilfield site restoration fees, and S corporation filings. LDR Secretary Jarrod Conigl
Dec 9, 2025
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