First-time claims for unemployment insurance in Louisiana for the week ending Aug. 25, increased from the previous week's total.
The state labor department figures released Friday show the initial claims increased to 2,956 from the previous week's total of 2,835. Initial claims were below the comparable week a year earlier at 3,648.
The four-week moving average, which is a less volatile measure of claims, decreased to 2,055 from the previous week's total of 2,963.
For every farmer who is hurting this year during the drought, others are benefiting. Many fields in the South, Northwest and Upper Midwest are producing bountiful corn crops. And because the drought has pushed prices to record highs, farmers who have corn to sell expect a terrific payday.
"The corn has actually really, really taken off all the way through season. It's grown fast. It's been accelerated. The corn looks really good now," says John Scott, whose family farm in Sargeant, Minn., is just bursting with corn.
Ascension Parish has been chosen as the site for an Avalon Rare Metals Inc. plant that will refine elements used in televisions and hybrid vehicles, if the company decides to build the $300 million facility.
The Louisiana Department of Economic Development announced Monday that Avalon chose the Geismar site for its possible refinery, with a final decision planned for 2013.
If built, LED says the plan would create 175 new jobs.
NPR's business news starts with an eye on oil prices.
Isaac is not expected to grow beyond a Category 1 hurricane and that is easing some concerns it could damage oil and gas refineries along the Gulf Coast. Still, several have shut down operations and will probably be offline for a couple days. Depending on Isaac's severity, analysts say gas prices could go up by about 10 cents or so in the coming weeks. Transcript provided by NPR, Copyright National Public Radio.
Jason Nicosia founded Connect for a Cause, which allows you to make a networking connection with someone you would like to meet by winning an auction to have lunch with them. Your winning bid goes to a charity.
Michael Angle is the founder of Giftmeo, which brings people together online to chip in and give a gift to a friend or loved one.
The opening of Baton Rouge's new $368 million casino has been delayed because of Tropical Storm Isaac.
L'Auberge Baton Rouge was scheduled to open Wednesday, but Pinnacle Entertainment Inc. announced Monday that it was postponing the grand opening. No rescheduled date was immediately announced.
Pinnacle says the storm has scrapped plans to do a mock cruise and diverted Louisiana State Police employees needed for the final inspection and for issuance of the final regulatory approval to open the casino.