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Cleco to be bought by Australian-led investors for $3.4B

An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion. The group will pay $55.37 in cash for each share of Cleco, which owns the regulated electric utility Cleco Power. That...

DATE: October 20, 2014 | CATEGORY: Daily Report

Supreme Court denies Louisiana lawsuits against BP

The Supreme Court rejected an appeal today from 11 Louisiana parishes that wanted to revive their lawsuits over wildlife damage from the BP oil spill in 2010.

DATE: October 20, 2014 | CATEGORY: Daily Report

'Business Report' planner: La. Association of Public Charter Schools hosts annual conference … Louisiana Looking Up is Thursday … LSU 100 to be honored at luncheon

Tuesday: The Louisiana Association of Public Charter Schools hosts its annual conference and power breakfast from 8 a.m. to 1 p.m. at the Crowne Plaza, 4728 Constitution Ave. The future of education will be the topic of a panel...

DATE: October 20, 2014 | CATEGORY: Daily Report

'Business Report' planner

Tuesday: The Louisiana Association of Public Charter Schools hosts its annual conference and power breakfast from 8 a.m. to 1 p.m. at the Crowne Plaza, 4728 Constitution Ave. The future of education will be the topic of a panel...

DATE: October 20, 2014 | CATEGORY: Events

LaPolitics: NOLA is once again the center of Landrieu universe

LaPolitics: NOLA is once again the center of Landrieu universe

Even though it had been rumored for months, U.S. Sen. Mary Landrieu finally pulled the trigger last week on a major campaign shakeup that moved control over to a few Big Easy insiders. It sets the stage for what will be a memorable, if not downright...

DATE: October 17, 2014 | CATEGORY: Daily Report

News roundup: Jindal slams Obama over Ebola response, again calls for flight restrictions … LSU confirms football games with Texas, Miami … Hispanic voters not a big factor in La. Senate race, study says

Weighing in: Gov. Bobby Jindal turned his attention to the Ebola outbreak today, issuing a pair of press releases that slam President Barack Obama's response to the outbreak and calling again for flight restrictions on those in West...

DATE: October 16, 2014 | CATEGORY: Daily Report

Money panel agrees to La. construction spending

Money panel agrees to La. construction spending

State officials have agreed to a list of $125 million in new construction spending this year—projects recommended by Gov. Bobby Jindal's administration. The Associated Press reports the Bond Commission approved the spending today without...

DATE: October 16, 2014 | CATEGORY: Daily Report

Around the state

We are projecting that the New Orleans MSA employment will add 8,300 jobs (+1.5%) in 2015, and 9,000 jobs in 2016 (+1.6%). These are excellent growth rates. In fact, there have been only seven years since 1980 when this MSA's growth rate exceeded...

DATE: October 15, 2014 | CATEGORY: News

Cook: Kirk's automotive building sells

Cook: Kirk's automotive building sells

Kirk's Automotive has sold the building they currently occupy at 9555 Airline Highway to Brewster Road Holdings Baton Rouge LLC for $3 million. Brewster was represented by Robert J. Comeaux and Billie R. Comeaux. The purchase consisted of a...

DATE: October 14, 2014 | CATEGORY: Daily Report

News roundup: Mississippi State: No. 1 in football, 58th in spending … Sasol to fund workforce training pilot program … Taxpayer-funded Shreveport clinic sits empty

Not about the money: The No. 1 team in college football, Mississippi State, spends millions less on its program than the average power-conference school, The Wall Street Journal reports. The Starkville, Miss., school spent...

DATE: October 13, 2014 | CATEGORY: Daily Report

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