Business

9:13am

Mon January 7, 2013
Business

Drought conditions ease, but East Texas ranchers still wary

Credit East Texas Ranch

The drought situation in East Texas is steadily improving by the U.S. Drought Monitor. Several Northeast Texas counties were removed from drought status last week after recent rains.

Cattle rancher Mark Chamblee of Huntington, Texas, still can see the impact on his Brahman herd. He owns East Texas Ranch and had to sell off much of his cattle two years ago. Chamblee is slowing rebuilding his herd again. He has 25-head of cattle.

"We're still crossing our fingers for rain this summer, and not have what happened two years ago," Chamblee said.

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9:03am

Fri January 4, 2013
Business

Elio Motors plans to build futuristic car in Shreveport

Elio Motors executives placed a temporary sign outside the former General Motors plant in Shreveport. The Phoenix-based company plans to manufacture a three-wheeled vehicle in Shreveport.
Credit Kate Archer Kent

Phoenix-based Elio Motors has formally announced its agreement to buy the former Shreveport General Motors plant, where it will build three-wheeled vehicles that it says will get more than 80 miles per gallon.

The startup car maker will use one-third of the 3 million acre plant site. Elio Motors said it will hire 1,500 workers by late 2015. Founder Paul Elio said at Thursday's news conference at the plant that he aims to create good-paying U.S. jobs, whether they’re unionized, he said, is up to his workforce.

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10:20am

Fri December 21, 2012
Business

Ville Platte record store to close, online sales remain

Credit Offbeat

A Ville Platte, La., record store specializing in Cajun, zydeco and swamp pop music will close Saturday, Dec. 22. Floyd Soileau opened Floyd’s Record Shop in 1956. In its heyday, Soileau had more than 20 employees working his retail and wholesale business. But the digital age changed everything. Soileau plans to keep the mail-order business open.

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9:01am

Thu December 20, 2012
Business

Shreveport tech firm set to transform Web commenting system

Logic Nation president Bart Bordelon (left) and chief technology officer Alexander Barenboim discuss the potential of their start-up tech firm in Shreveport.
Credit Kate Archer Kent

A Shreveport-based digital technology firm is set to launch a platform that will transform the way people make online comments and follow discussions across the Web. Logic Nation’s president Bart Bordelon says online posts will become orderly and informed once the technology rolls out early next year.

"We've actually changed the way people will react to the information and their commenting systems," Bordelon said. "We've fixed a 10-year-old problem on the Web, and brought order to chaos with discussion."

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9:21am

Wed December 19, 2012
Business

Higher ed watchdog group launches in Shreveport

Board of Regents chairman Bubba Rasberry discusses Louisiana's higher education situation at the launch event for the Shreveport-Bossier Business Alliance for Higher Education.
Credit Kate Archer Kent

College presidents from across North Louisiana joined with business leaders in Shreveport on Tuesday to learn about an advocacy group called the Shreveport-Bossier Business Alliance for Higher Education. The organization will seek its nonprofit status next year. It was formed in 2010 out of concern for higher education budget cuts in Louisiana. Board chairman Patrick Harrison says its highest priority now is to protect LSU Health Sciences Center in Shreveport from being further compromised by LSU cuts and reorganization.

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