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State Tax Amnesty Brought In Much More Money Than Anticipated

Louisiana has raised over $300 million with a tax amnesty program aimed at lessening the effects of budget cuts.

Governor Bobby Jindal on Wednesday called the program a…

Auto Economy

Sales for U.S. automakers in October revealed positive signs Americans are buying again, following a Cash-For-Clunkers hangover that stalled September profits.

General Motors posted its first sales gain in more…

Cleco Takes Advantage Of Market Forces For Profit Boost

Power provider Cleco Corp. posted a 61 percent increase in third-quarter profit that handily beat analysts’ forecasts.

Although electricity sales fell from a year ago, Pineville-based Cleco took…

Workers Collecting Continuing Unemployment Double Last Year

Initial claims for unemployment payments in Louisiana dropped 10 percent last week.

The Louisiana Workforce Commission says there were 4,287 first-time claimants for the week ending October 24th.…

Main St vs Wall St

There are more positive signs that the economy is trending up,
but for many on the front lines of the economic battle very little has changed.

A rise…

Christmas Shopping
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Financial experts suggest Christmas shoppers take advantage of recession deals. Marianne Farvo reports.

International Paper’s third quarter profit soars on tax item
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Credit offsets failing sales of cardboard-box materials

Homeowners Who Used Chinese Drywall May Have To Wait For Payments
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Builders claim drywall used in hurricane renovations gives off harmful gasses and compounds.

State Lawmaker Pay Increase Tied To Federal Index
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By law, legislator's per diem allowance is adjusted when the federal rate changes.

State Employees Could Not Count On Guaranteed Retirement Amount
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House and Senate committees hearing details on the possible pension switch. Would bring state in line with private business.

There Are Millions Of Extra Dollars In Louisiana’s Bank Account
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Budget director points to several reasons including less spending by state departments.

Voters Asked To Approve Tax Hike For Auto Assembly Plant
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State incentives have also been offered. V-Vehicle plans to renovate an existing plant in Monroe.

U.S. Personal Income Is Rising. Is Louisiana Keeping Up?
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Second quarter income increase was the first in nearly one year.

Police Retirement Fund Could Be Heading For Trouble
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Golf course developers blame loan default on falling property values and sales.

FCC Continues To Examine Proposed AT&T Centennial Merger
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Unless a regulatory problem develops, deal is expected to close before the end of the year.

City Workers Could Be Laid Off If Budget Cutting Fails
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Employees could know their fate Friday. The city has been spending more than it has been taking in for several years.

Panel won’t consider La. college consolidation
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Members continue to work toward streamlining state government

Mayor Goes To Bat To Keep Hummer Plant In Louisiana
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A Chinese Company finalized a deal last week to buy the Hummer brand from GM.

Police retirement system under investigation
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MPERS has been criticized for its investments in golf courses, resorts

Shreveport-China
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Shreveport mayor heads for China

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