A new look at Census information shows a substantial link between the New Orleans and Baton Rouge metro areas. Researchers are seeing a potential “super region” including the Houma-Thibodaux area emerging as a strong economic force.
The Treasury Department is awarding $3.6 billion dollars in New Markets Tax Credits to revitalize low-income and distressed communities. Five Louisiana organizations are among the recipients, and are getting a total of almost $300 million.
New Orleans officials are trumpeting a new business deal with General Electric as a “game-changer” for the city's economy. It’s seen by some as a pivotal shift away from the traditional tourism economy.
New Orleans officials are celebrating news that more corporate jobs are heading to the city. They say it’s a major break from more traditional, lower-paying tourism jobs that have been anchoring the city economy.
This is WEEKEND EDITION from NPR News. I'm Scott Simon. European leaders meet in Brussels next week with an urgent mission: agree on a plan that to keep debt-ridden countries like Greece and Spain from default and save the euro. A plan is emerging now in broad outline - this and coordinated action by central banks around the world - boosted investor confidence. NPR's Eric Westervelt reports.
The current world economic crisis has raised hard questions about the assessments made by the big three ratings firms, S&P, Moody's and Fitch. It's also brought charges that they not only missed the onset of financial crisis, but helped fuel it with faulty judgments. Host Scott Simon talks with Roben Farzad, a senior writer for Bloomberg-Businessweek.