Economists predict increase in consumer spending
Consumer spending is likely to pick up this year while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4% this year and 3% next year. That's...
DATE: May 20, 2013 | CATEGORY: Daily Report
BRAC working to bring more local alumni back home
BRAC is trying to lure far-flung LSU alumni back to Baton Rouge. It's part of a nascent program to develop the region's talent pool and to help draw business to the area. In addition to personalized regional tours to potential employers, BRAC has...
DATE: May 20, 2013 | CATEGORY: Daily Report
La. jobless rate up in April, fourth month in a row
Louisiana's unemployment rate rose in April for the fourth straight month, as fewer people reported having work. While the labor force was basically flat, according to the federal Bureau of Labor Statistics, the number of people who reported having...
DATE: May 17, 2013 | CATEGORY: Daily Report
Galvez Plaza stage sculpture completion delayed again
Completion of the Galvez Plaza sculpture and stage cover has been delayed yet again, this time due to filming in the area. The nearly $1 million, stainless steel sculpture and stage cover at North Boulevard Town Square is now slated to be finished...
DATE: May 17, 2013 | CATEGORY: Daily Report
News roundup: LSU graduates 3,735 at 280th commencement … Gauge of U.S. economy's future health up in April … Future retirees at risk of downward mobility, Pew finds
Book ends: When LSU wraps up its 280th commencement ceremonies later today, it will have handed out 3,735 degrees, including 22 to faculty and staff members. The ceremonies feature 416 people who graduated with academic honors.
DATE: May 17, 2013 | CATEGORY: Daily Report
News roundup: Incoming LSU president and chancellor gets humanitarian award … U.S. housing starts fell in April but permits surged … La. taps oil spill money to bring 'Top Chef' to New Orleans
Honored: Incoming LSU President and Chancellor F. King Alexander has received, along with three other Long Beach, Calif., community leaders, the California Conference for Equality and Justice Humanitarian Award. Alexander, currently...
DATE: May 16, 2013 | CATEGORY: Daily Report
BREC to bring the fun to 'play deserts' this summer
A new mobile playground will be making its way through the parish this summer. The newly purchased BREC on the Geaux vehicle will begin making appearances in June, bringing supervised physical recreation to "play deserts." BREC Superintendent...
DATE: May 16, 2013 | CATEGORY: Daily Report
News roundup: Southern board gets new student member … Small business owners more upbeat about economy, but still troubled … U.S. factory output falls in April
A seat at the table: Southern University Student Government Association President Simone Bray has been selected as the next student member on the Southern University Board of Supervisors. She was selected by SGA presidents of the...
DATE: May 15, 2013 | CATEGORY: Daily Report
'Business Report': An in-depth look at B.R.'s newest power broker, John Georges
In 1999, John Georges went into the tugboat business. It was unchartered territory for him. Though he had a successful wholesale distribution company and a thriving video poker business, offshore maritime was a totally new ballgame. The business was...
DATE: May 15, 2013 | CATEGORY: Daily Report
Confusing tax code hindering La. competitiveness
The effective tax rate in Louisiana is actually lower than it is in Texas, but it's just too complicated for out-of-state employers to realize it, a Republican lawmaker says. Rep. Alan Seabaugh of Shreveport says the Lone Star State is "whipping...
DATE: May 15, 2013 | CATEGORY: Daily Report
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