NEW YORK — Another bad day for the energy sector pulled down stocks on Monday.
Energy stocks slumped as the price of oil dropped to its lowest in more than four months. Oil has fallen sharply since the end of June on evidence that a global supply glut is building at the same time demand appears to be slowing.
WASHINGTON — An agreement allowing American involvement in China's civilian atomic industry is set to be renewed for 30 years despite some stiff criticism from lawmakers over the Asian nation's record on nuclear proliferation.
A 90-day congressional review period expired on Friday without legislative action or a joint resolution to block or alter the agreement. The State Department said Monday that the U.S. and China will decide "a suitable time in the near future" when the agreement will enter into force.
BATON ROUGE — Gov. Bobby Jindal is ousting Planned Parenthood from Louisiana's Medicaid program.
The Jindal administration announced Monday that it was ending four provider agreements that reimbursed Planned Parenthood for providing health care services to low-income women through the government-funded Medicaid insurance program.
BATON ROUGE — Everyone in Louisiana who buys property insurance will lose 28 percent of a tax credit they can get for covering the debt of the state's property insurer of last resort.
In addition, the reduction is retroactive, meaning those who failed to file for the tax credit over the last four years are also out 28 percent of the rebate. As a result, Insurance Commissioner Jim Donelon says the state can immediately grab about $60 million of the unclaimed rebates.
PITTSBURGH — By the end of 2004, Jerome Bettis was done. Finished. Burned out.
A dozen years in the NFL, most of them as the perpetually smiling blue-collared soul of the Pittsburgh Steelers, left him spent. The Steelers had just watched a 15-1 season evaporate a win shy of the Super Bowl. The tread on the force of nature simply known as "The Bus" had grown awfully thin.
All those carries. All those yards — many of them with a host of defenders along for the ride — had sapped his will. He privately told teammates he was set to retire, leading wide receiver Hines Ward to openly weep about the inability to get a championship ring for the player who served as the de facto big brother in the locker room.
Matt Viator signed a three-year contract extension with McNeese State, so any talk about his seat as the school’s head football coach being hot heading into this season can stop right now.
That doesn’t mean their isn’t any pressure on the football program overall, and Viator in particular.