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Economy

Hut 8 Plans to Build $2.5 Billion Data Center in West Feliciana

NEW ORLEANS – When Meta announced a $10B plan to build its largest data center in Richland Parish, Louisiana, it largely overshadowed the unofficial...
Economy

Future $10 Billion Meta Data Center in Richland Parish Offers Far More Pros than Cons

NEW OREANS – As global demand for eCommerce, social media, cloud storage, real-time map services, cryptocurrency, and artificial intelligence tools continues to grow rapidly,...
Economy

Louisiana Workforce Commission Announces Upcoming 2025 Changes to Unemployment Insurance Benefits

BATON ROUGE, La. (press release) – The Louisiana Workforce Commission (LWC) has issued a statement about important changes to Unemployment Insurance (UI) benefits taking...
Economy

The Current State of Overtime Regulations and Their Impact on Louisiana

NEW OREANS - In April, the Department of Labor revised the Fair Labor Standards Act (FLSA) to raise the salary threshold for exempt and...
Economy

Louisiana’s Economy Continues to Grow: Over 20,000 Jobs Added in the Past Year

BATON ROUGE, La. (press release) – Data released by the federal Bureau of Labor Statistics shows thatLouisiana’s seasonally adjusted employment figures once again improved...
Economy

Biden Will Decide on US Steel Acquisition After Influential Panel Fails to Reach Consensus

WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion...
Economy

Startup Noir NOLA Positions New Orleans as a National Leader in Supporting Black Innovation

NEW ORLEANS - Although 40% of small businesses in New Orleans are owned by Black, Indigenous, and People of Color (BIPOC), these businesses are...
Economy

New Restrictions to Hemp THC Products Commence on January 1, 2025

NEW ORLEANS – Louisiana hemp laws change on Jan. 1, 2025, restricting the potency of THC to no more than 5 mg per serving...
Economy

Chemical and Fragrance & Flavor Executive to Lead Axxence Corporation Following Successful Acquisition of Natural Advantage

OAKDALE, La. (press release) – Axxence Group, a global leader in natural aroma ingredients for the food, beverage, and fragrance industries, has announced the...
Economy

YouthForce NOLA Benefits Youth, Communities, and the Local Economy in 2024

NEW ORLEANS, La. – YourthForce NOLA released its 2024 annual report wrapping the year up with numerous achievements across the entire spectrum of programs...
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