In local news:

A second national rating agency has decided against downgrading Louisiana’s credit rating. Standard & Poor’s Rating Services announced Friday that it is keeping Louisiana at the same credit rating for an upcoming $74 million bond sale to investors, to pay for work on Interstate 49 South projects. But the rating agency left Louisiana on a negative credit outlook. S&P’s announcement was basically identical to Moody’s actions on the state late last week.

Read more from CityBusiness here.

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