News in the Region

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Fiscal cliff negotiations could lead to less tax revenue for Louisiana

Louisiana has a lot at stake in the current fiscal cliff negotiations and it’s not only because the state gets more federal assistance — $1.10 — for every dollar its taxpayers send to Washington.

12/04/2012 | Read Story »

La. keeps Smoothie King

Smoothie King will keep its headquarters in south Louisiana and grow its corporate workforce here as it expands its presence to hundreds of new markets across the country and around the globe during the next five years, officials said on Tuesday.

11/21/2012 | Read Story »

State becoming a home for the gaming industry

Like Louisiana’s highly successful film incentive program the digital media tax credit program allows companies to double down on their tax breaks. They get up to 25 percent tax credit for support activity such as the lease on a building, plus up to 35 percent for all Louisiana labor costs.

11/16/2012 | Read Story »

The Rise of the Third Coast

“The political climate here is conducive to growth,” Hart explains as he steers his truck up to the edge of a steep levee. “We are here because so much is going on in this state and this region. With the growth of the petrochemical and industrial sectors, this is the place to be.

11/15/2012 | Read Story »

New Orleans rated best American city to visit by Travel + Leisure

For the second consecutive month, New Orleans has claimed an elite rating as a travel destination from a major tourism magazine. This time, in fact, it scored the highest honor, when Travel + Leisure declared it the best American city to visit.

11/14/2012 | Read Story »

For Fat City, Times Square booster advises focus, art, patience

In Fat City, where the strip joint abuts the barber shop and the old Playboy Club building sits empty with weeds growing three feet above the concrete, Tim Tompkins delivered a threefold message Friday: Think small, think art, keep trying.

11/09/2012 | Read Story »

Times Square visits Fat City as Metairie leaders seek New Yorker’s counsel

Times Square visits Fat City on Friday when a Manhattan urban planner takes a walking tour of Metairie’s former entertainment district. Greater New Orleans Inc., the regional economic development group, brought Times Square Alliance President Tim Tompkins to town for help reimagining Fat City.

11/08/2012 | Read Story »

Return on Investment

Businesses participating in Louisiana’s Enterprise Zone program reported creating more than 9,000 jobs in 2009. Yet after an evaluation, Louisiana’s economic development agency said the program had only created 3,000 jobs that year.

11/01/2012 | Read Story »