Business News

An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion.

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Economist Loren Scott says Louisiana is in the midst of an industrial boom unlike any other in its history, with more than $100 billion in industrial projects either under construction or in the engineering and design phase.

Investors aren’t enthusiastic about parent company Gannett’s spinoff plan, and that’s bad news for employees.

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Software development center represents third such project in Hub City this year.

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A replacement is expected by January to fill the vacancy left when Greg Roberts resigned after allegedly pointing a fake gun at an engineer during a June meeting.

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