Headlines from KATC, KLFY & The Current · Updated hourly
The Current117d ago
Business & Economy

As private equity creeps into La. utilities, ratepayers face an uphill battle

Private equity firms are increasingly taking over Louisiana utility systems, including water and sewer operations, leading to significant rate increases for residents. Local ratepayers like Cindy Case-Brown and Connie Norris are challenging these changes through regulatory processes.

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KLFY121d ago
Business & Economy

Five Sisters Site in St. Martin Parish certified for development

A 19.91-acre site in St. Martin Parish called the Five Sisters Site has been certified for development through One Acadiana's Site Development Program in partnership with Louisiana Economic Development. The property is situated above the 100-year floodplain and is suitable for commercial development.

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KATC122d ago
Business & Economy

International Rice Festival names Jarrod Breaux 2026 Farmer of the Year

Jarrod Breaux, a third-generation farmer from the Acadiana area, has been named 2026 Farmer of the Year by the International Rice Festival. The honor recognizes Breaux's independent agricultural operation and contributions to Louisiana's rice farming industry.

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KLFY123d ago
Business & Economy

Meta expands Louisiana data center, investment to reach $50 billion

Meta announced a major expansion of its North Louisiana data center, increasing computing capacity to 5 gigawatts and investing over $50 billion in the project. This significant investment represents a substantial commitment to the state's technology infrastructure and economic development.

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KATC126d ago
Business & Economy

Summer months bring important tests for Acadiana’s sugarcane crop

Acadiana's sugarcane farmers and researchers are conducting critical monitoring and testing during the summer months to prepare for the upcoming harvest season. The article explores the months of preparation and various factors that farmers and researchers track to ensure a successful crop.

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The Current126d ago
Business & Economy

‘Turning a corner’: SWLA reversing course on population and jobs, economist says

Southwest Louisiana, particularly Calcasieu Parish, is reversing a seven-year population and job decline that followed major weather events. According to an economist, the region has turned a corner over the past two years with positive trends in both population retention and job growth.

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KLFY127d ago
Business & Economy

$17 million will go toward water system in Opelousas

Opelousas has secured a $17 million revolving drinking water loan from the Louisiana Department of Health to replace aging galvanized water lines throughout the city's water distribution system. This infrastructure investment will improve water quality and system reliability for residents.

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KLFY128d ago
Business & Economy

Louisiana residents carry high car loan debt, study finds

Louisiana residents are struggling with significant car loan debt, ranking fourth in the nation with an average auto loan burden of $22,730 per person, according to a new WalletHub study. The state's residents carry a debt-to-income ratio of 42%, indicating that car payments consume a substantial portion of household income for many Louisiana families.

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KATC129d ago
Business & Economy

North Lafayette revitalization gains momentum with new businesses, infrastructure projects

North Lafayette is experiencing significant revitalization with new businesses opening and infrastructure improvements transforming the area. The Northside is seeing vacant buildings converted into thriving commercial spaces as investment continues to reshape the neighborhood. These developments represent growing economic momentum and community reinvestment in the Lafayette area.

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KLFY129d ago
Business & Economy

Ochsner Behavioral Health Acadiana opens its doors

Ochsner Behavioral Health Acadiana officially opened its doors to patients, expanding access to inpatient and outpatient behavioral health services for adolescents, adults, and older adults across southwest Louisiana. The new hospital marks the official transition of Oceans Behavioral Hospital Broussard to Ochsner Behavioral Health Acadiana - Broussard, strengthening mental health services in the region.

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KLFY129d ago
Business & Economy

Louisiana ranks among states with lowest income, study finds

A WalletHub study reveals Louisiana's economic challenges, ranking the state 42nd nationally in average income for the top 5% of earners, 47th in median annual income, and dead last at 50th in average income for the bottom 20%. The findings highlight significant income inequality and lower overall earning potential across Louisiana's population compared to other states.

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KATC133d ago
Business & Economy

SBA loans available for people affected by Tropical Storm Arthur

The U.S. Small Business Administration has announced the availability of disaster loans for people affected by Tropical Storm Arthur across multiple Louisiana parishes. Eligible parishes include Avoyelles, St. Landry, St. Tammany, and Terrebonne, which are in and around the Acadiana region. These loans are designed to help local businesses and individuals recover from storm-related damages.

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KATC136d ago
Business & Economy

Real Estate broker shares economic impacts Space X could have on Vermilion Parish

Real estate broker Jim Keaty of Keaty Real Estate has been researching potential SpaceX operations in Vermilion Parish and believes there is credible evidence to take the rumors seriously. The article explores the possible economic impacts such a development could have on the local Acadiana region. Keaty's analysis suggests significant potential benefits for the parish's economy and real estate market.

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KLFY136d ago
Business & Economy

Company cancels $4.5B Louisiana carbon capture project

Air Products has cancelled its planned $4.5 billion carbon capture project in Ascension Parish, Louisiana. The facility was expected to be a major economic development for the region. The cancellation represents a significant loss for the state's efforts to attract large-scale industrial investment in clean energy technology.

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KLFY137d ago
Business & Economy

Opelousas secures $17M for water system upgrades

The City of Opelousas has secured $17 million in state funding through the Drinking Water Revolving Loan Fund program to upgrade its water system infrastructure. These improvements will enhance water quality for approximately 6,500 local customers in the area. The investment represents a significant commitment to modernizing the city's drinking water infrastructure.

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KATC140d ago
Business & Economy

Three sites marked as ready for development along Chemin Metairie

Three development sites along Chemin Metairie have been certified as ready for development through One Acadiana's Site Development Program. The certifications mean these properties are shovel-ready for potential investors looking to develop in the area.

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KATC140d ago
Business & Economy

USDA reminds producers of disaster loss programs

The USDA is reminding agricultural producers in Louisiana about available disaster loss programs to help farmers and livestock producers recover from adverse weather events. The federal agency offers both technical and financial assistance to support local agricultural recovery efforts.

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KLFY141d ago
Business & Economy

Local seafood producer speaks on new bill aimed at stopping unfair foreign competition

U.S. Sen. Bill Cassidy has introduced the Home Market Restoration Act of 2026 to protect Louisiana's crawfish, shrimp, rice, catfish and other producers from unfair foreign competition. The legislation aims to safeguard the state's vital seafood and agricultural industries, which have been negatively impacted by imported products. The bill represents an effort to support Louisiana's economically important food production sectors.

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KLFY141d ago
Business & Economy

Triple site certification to be announced in Youngsville

Three sites in Youngsville have earned certification for development through One Acadiana's Site Development Program. The certification will enable long-term business leases and funding for facility improvements at these locations. This initiative is designed to attract and support economic growth in the Youngsville area.

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The Current141d ago
Business & Economy

LETTER: Workforce investment will fuel Louisiana’s aerospace growth

A letter to the editor discusses Louisiana's aerospace industry and the importance of workforce investment in supporting its growth. The author notes that aerospace discussions are not new to the state, suggesting this is part of an ongoing economic development conversation for Louisiana.

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KLFY141d ago
Business & Economy

New bill shields producers from foreign competition

U.S. Senator Bill Cassidy has introduced the Home Market Restoration Act of 2026 to protect Louisiana's agriculture industry from foreign competition. The bill would establish tariff-rate quotas on imported food and agricultural products, particularly benefiting Louisiana's crawfish, shrimp, rice, and catfish producers. This measure aims to shield local producers from unfair foreign competition in key state industries.

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The Current142d ago
Business & Economy

LNG company announces $5 million for SWLA park restoration

Woodside Energy has announced a $5 million donation to support restoration efforts at a Southwest Louisiana state park damaged by Hurricanes Laura and Delta. The gift will fund restoration work across more than 800 acres and five key habitats within the park, helping the region recover from recent hurricane damage.

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The Current143d ago
Business & Economy

LFT Fiber pushes to remove barriers to expansion

Lafayette Fiber has been working to change Louisiana's Local Government Fair Competition Act to reduce regulatory barriers that could hamper its expansion efforts. The company unsuccessfully lobbied the state Legislature this year for these legislative modifications. The push reflects ongoing efforts by the fiber provider to streamline its operations and growth within the state.

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The Current144d ago
Business & Economy

SWLA projects net $120 million in priority state funds

Southwest Louisiana projects to receive $120 million in Priority 1 state funding, with Calcasieu Parish capturing 95% of the allocation. Key projects set to benefit from this funding include a new I-10 bridge, McNeese State University, and the Port of Lake Charles.

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