Daily Report AM

Nexus accepting applications for inaugural tech competition

Applications are open for the inaugural Nexus Technology Cup, June 17-19. The organization announced the tech event earlier this month as a replacement for the...

Surge in consumer spending drove GDP growth in Q4 of 2024

The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending,...

What forecasters are saying early on about this year’s hurricane season

Forecasters are predicting another above-average hurricane season will threaten communities along the East and Gulf coasts, Bloomberg reports.  AccuWeather forecasters said Wednesday morning that as...

Roundup: Family Dollar sale / Durable goods / Student loans

Divesting: Dollar Tree agreed to a sale of its Family Dollar business to a consortium of private equity investors for roughly $1 billion, in...

State officials warn of abrupt end to federal funding for certain programs

Louisiana state health officials are warning that the federal government may have abruptly ended funding for mental health and substance abuse services that was...

Here’s how a new report card grades America’s infrastructure

A once-every-four-years report card gave America’s infrastructure a “C” grade on Tuesday, up slightly from previous reports, largely due to investments made during former...
home

DSLD purchases lots for its sixth Ascension Parish residential development

DSLD Homes has acquired lots in Ascension Parish for a new residential development. The homebuilder bought 61 lots on a 23-acre tract from Covington-based H12...

Louisiana lags peer states in internship, apprenticeship participation

The newly formed Leaders for a Better Louisiana on Tuesday released new data that shows Louisiana lagging other Southern states when it comes to...

SCOTUS considers Louisiana redistricting plan

The Supreme Court justices appeared divided after the first day of arguments over Louisiana’s Congressional maps with two majority-Black districts, Louisiana Illuminator reports.  Conservative judges...

Roundup: Insurance bailout / Tax scams / Softening spending

Natural disasters rising: Just three months into the year, there’s very little money left should another disaster hit California this year, the state’s insurer...

This homebuilder just closed a $2.5M Livingston Parish land deal

A Baton Rouge homebuilder is expanding its footprint in Livingston Parish.  Willie & Willie Contractors Inc., through its development arm W&W Neighborhoods LLC, has purchased...

‘LaPolitics’: Insurance topics could burn hot during session

Legislators often say the cost of insurance is the most important issue facing their constituents. So it’s not surprising that, even in a fiscal-focused...

The south Louisiana contractors who nailed safety in 2024

The Greater Baton Rouge Industry Alliance has announced the winners of its 29th Annual Safety Excellence Awards. GBRIA members nominated a total of 49 companies...

Why the US could see a 10% drop in income tax revenue this year

Senior tax officials are bracing for a sharp drop in revenue collected this spring, The Washington Post writes.  A growing number of people and businesses...

Hyundai set to officially announce a $5B steel mill plant for Ascension

President Donald Trump is expected Monday to announce Hyundai Motor Co.’s plans to invest $20 billion in the U.S.—including a new $5 billion steel...

How rising temperatures are driving a surge in global energy demand

Global energy demand is surging at a faster pace as record-high temperatures fuel the need for cooling systems, The Wall Street Journal reports.  Last year...

A look at the participants in Nexus’ spring Ignition cohort

Nexus Louisiana's spring 2025 Ignition cohort marks a milestone as the first all-tech group, featuring founders developing hardware and software products across various industries....

Roundup: Coastal projects / Vulnerable bridges / Levies on Chinese ships

Matching funds: The Louisiana Coastal Protection and Restoration Authority governing board announced $6 million in coastal projects paid for through oil and gas royalties...

This popular Mid City brunch spot is under new ownership

Leola’s Café & Coffee House, a popular breakfast, brunch and lunch spot in the Circa 1857 complex on Government Street, is under new ownership. Port...

A look at the growing industry capturing carbon in seas

From the grounds of a gas-fired power plant on the eastern shores of Canada, a little-known company is pumping a slurry of minerals into...