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Economy

Last Updated: Dec 22, 2020 01:04PM • Subscribe via RSS • ATOM

Congress Passes $900 Billion COVID-19 Stimulus Package

Dec 22, 2020 01:04PM ● By News Desk

U.S. House and Senate approve a $900 billion stimulus bill that, if signed by President Donald Trump, will provide more aid to struggling small businesses and send a second round of direct payments to Americans

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LT Gov. Billy Nungesser Blasts New Orleans Mayor Latoya Cantrell - Personal Agenda Over State Tourism

Dec 15, 2020 02:01PM ● By News Desk

Mayor Cantrell wants no part of Lauren Daigle or worldwide exposure for New Orleans or Louisiana... Actions Thwart Plans to Move Dick Clark's Rockin' New Year's Eve Celebration.

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Poll Finds Gulf State Voters Overwhelmingly Support Offshore Energy Exploration and Sensible Energy Solutions

Sep 24, 2020 10:45AM ● By News Desk

An overwhelming majority of voters in Texas, Louisiana, Mississippi and Alabama support sensible offshore exploration and production in the Gulf of Mexico, a new poll from @CEAorg reveals...

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Mitsubishi Power and Entergy to Collaborate and Help Decarbonize Utilities in Four States

Sep 24, 2020 10:27AM ● By Press Release

Mitsubishi Power and Entergy Corporation signed a joint development agreement to bring decarbonization projects to Entergy in four states. Arkansas, Louisiana, Mississippi, and Texas.

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MAYOR-PRESIDENT GUILLORY OPTS-IN LAFAYETTE PARISH BARS

Sep 23, 2020 05:10PM ● By News Desk

LFT Parish falls below 5% COVID-19 positivity rate for two consecutive weeks, thus qualifying for Phase 3 reopening of bars in the parish to open for on-premises consumption at the full extent authorized by the Governor’s current proclamation.

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Estimate: Hurricane Laura caused $1.6 billion in losses for Louisiana agriculture and forestry

Sep 16, 2020 06:33AM ● By David Jacobs I The Center Square

Louisiana agriculture and forestry losses in Louisiana caused by Hurricane Laure estimated to be more than hurricanes Katrina and Rita combined...

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Lafayette City-Parish To Receive $7.1 Million for COVID Relief Efforts

Aug 10, 2020 01:20PM ● By News Desk

U.S. Senator Bill Cassidy, M.D. (R-LA) today announced that the Lafayette City-Parish government is receiving more than $7.1 million in federal COVID-19 relief funds...

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USDA To Purchase $30 Mil In U.S. Shrimp As Part Of Emergency Food Assistance Efforts During Pandemic

Aug 10, 2020 11:29AM ● By News Desk

Louisiana's Lt. Governor Nungesser calls the decision a step in the right direction; Urges assistance for the entire seafood industry...

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Louisiana State Capital Building
Louisiana governor and treasurer resolve dispute over unclaimed property; constitutional amendment advances

Jun 25, 2020 01:57PM ● By News Desk

Louisiana’s governor and treasurer have ended their fight over how to handle unclaimed assets held by the state, allowing a potential constitutional amendment to protect that money to move forward...

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THC Test Results From Louisiana Grown Industrial Hemp Are Positive

Jun 25, 2020 01:38PM ● By Press Release

LA Dept. of Agriculture & Forestry tested Louisiana grown hemp for THC concentration levels which came in below the maximum legal limit of .3% total THC...

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Officials: Louisiana's Unemployment Fund Can Last 16 Weeks at Current Spending Rate

May 15, 2020 03:13PM ● By News Desk

Louisiana’s unemployment insurance fund contains about $840 million, enough to maintain the current unprecedented rate of spending for about 16 weeks, officials said...

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U.S. Rig Count Drops For Ninth Consecutive Week

May 15, 2020 02:59PM ● By Flint Zerangue, Sr.

Active number of U.S. rigs drilling for oil and gas has fallen for the ninth consecutive week, down -35 to an all-time low of 339, says report...

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Louisiana Auditor Reviews State Tax Incentives, Questions Contract Enforcement

Jan 03, 2020 08:45AM ● By News Desk

The Louisiana Legislative Auditor says the state’s economic development department isn’t doing enough to monitor its agreements with private contractors...

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LA AG Files Lawsuit Challenging California's Law Prohibiting Importation and Sale of Alligator Products

Dec 16, 2019 11:28AM ● By News Desk

LA Attorney General Jeff Landry’s Office has filed a federal lawsuit challenging a California Law that bans the importation and sale of alligator products derived from the reptile...

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Louisiana Revenue Projection Rejected Once Again

Dec 13, 2019 06:38PM ● By Staff Writer

LA Republican leader blocked the establishment of a new state revenue forecast, citing an inaccurate estimate. The move complicates Gov. John Bel Edwards’ ability to craft an executive budget

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