The Glass is Half-full

The Glass is Half-full

SHREVEPORT – Glass manufacturer Libbey Inc. will invest $20 million to upgrade its factory with new technology, research and development. In February Libbey cut about 200 jobs at the plant and moved some equipment elsewhere as it discontinued some products. Louisiana offered the company incentives, including a $500,000 tax credit, to encourage the plant modernization. Louisiana Economic Development says the upgrade should produce about 70 jobs...

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Yellen signals more aggressive stance toward banks

Yellen signals more aggressive stance toward banks

By Associated Press, Published: April 15 WASHINGTON — The Federal Reserve may be about to turn more aggressive in its regulation of the financial system.Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system. She said the largest U.S. banks may need to hold additional capital to withstand...

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