GET DAILY REPORT FREE
Second chance: Gov. Jeff Landry has selected Bruce Greenstein, a former Gov. Bobby Jindal Cabinet member, to lead the Louisiana Department of Health. This will be the second time Greenstein, one of Landry’s largest political donors, has been tapped to lead the office. He was removed from leadership the first time after being charged with lying to a grand jury under oath. Read more from Louisiana Illuminator.
Waning demand: Canada’s subsidiary of General Motors said on Friday that it is temporarily halting production and cutting staff at an assembly plant in Ingersoll, Ontario, because of lower-than-expected demand for its electric delivery vehicles. Read more from the Associated Press.
Warning from bank execs: Executives at big U.S. banks warned on Friday of economic turbulence from tariffs that could weigh on economic growth, even as their profits beat forecasts in the first quarter. Industry executives say consumers and corporations are becoming more cautious about President Donald Trump’s sweeping tariffs, which have roiled markets, could spur inflation and may tip the economy into recession. Read more from Reuters.
