News For Wednesday 112112
By Dave Graichen
Hostess Brands Inc. will continue down the path to a full liquidation after a last-ditch mediation session with its striking bakers' union failed to save the baker. The company, which has already shuttered its plants and sent its workers home, will push ahead with its bid to embark on a shutdown that will leave about 18,500 people unemployed, 200 here In Central Louisiaia, and its iconic brands either in the hands of new owners or gone forever. Hostess Chief Executive Gregory Rayburn confirmed the mediation hadn't resulted in a deal. The Irving, Texas-based company now plans to the US bankruptcy court for approval to proceed with a liquidation.
Louisiana's unemployment rate has fallen to its lowest rate in over three years. The October jobless rate was 6.6%; down from 7% in September. Louisiana Workforce Commission Executive Director Curt Eysink (I-sink) says the 30-day drop of four-tenths of a percent is remarkable. The national unemployment rate, meanwhile, rose to 7.9-percent for October. Eysink says Louisiana's economy and jobs market continues to outperform the nation's.
More people are expected to travel for Thanksgiving this year. Louisiana AAA's Don Redman says the number of folks traveling this week is expected to rise for the fourth straight year. Redman says just over 43-million Americans are anticipated to travel 50 or more miles for the holiday weekend. By the way, the number of Thanksgiving flyers is down this year, with about 90-percent of folks choosing to drive.
This Thanksgiving Holiday Week-End has stated off deadly. State Police Trooper Stephen Hammons reports there were fatal traffic accidents in the Acadiana region Saturday, Sunday and Monday. He says in two of the cases, the death resulted from the victims not wearing a seatbelt.
The state's second highest elected official expressed interest in one day becoming the governor of Louisiana. Lt. Governor Jay Dardenne announced his political aspirations to the Baton Rouge press club. Hurricane Katrina hero. General Russell Honore has also reported he may run in 2015. Dardenne says it’s too early to start speculating who else may run.
Authorities are trying to track down the person or persons responsible for a recent rash of dolphin killings along the Gulf Coast. Lisa Franzetta with the Animal Legal Defense Fund says at least six dolphins have washed up along the gulf coast in the past 11 months, who have either been killed or mutilated in savage ways. Franzetta says she's not sure who is responsible or why it's happening, but for now they can only speculate fisherman perceive dolphins as competition for fish. A $5000 reward is offered for information that leads to an arrest of the perpetrators.
Tonight's Powerball Jackpot has risen to an estimated $250 million which could hit just in time for Black Friday shopping. Kimberly Chopin with the Louisiana Lottery says this jackpot has an estimated cash option of $166.8 million. She says this is the fifth jackpot that's gotten over $200 million dollars this year.