Luncheon speaker: Major Tanner Jenkins, chief of the Gang Intelligence and Enforcement Division at the East Baton Rouge Parish Sheriff’s Office, will be the featured speaker at the Rotary Club of Baton Rouge luncheon on Wednesday. Jenkins will discuss the Sheriff’s Office’s response to the fentanyl crisis and its strategy for combating the drug’s impact on the community. The Rotary Club of Baton Rouge meets at noon each Wednesday at Drusilla Seafood.
Spending stats: Lower-income consumers are tightening their spending to focus on essentials, while wealthier Americans continue to spend freely on perks like dining out and luxury travel, according to first-quarter results from U.S. credit card lenders. Read more from CNBC.
Investing in the future: Over the next five years, IBM will invest $150 billion in the U.S., including on facilities for quantum computer production. The company’s announcement on Monday follows similar pledges by tech giants such as Nvidia and, both of which have said they would spend about $500 billion each in the U.S. over the next four years. Read more from Reuters.
