May 14, 2024 Last Updated 08:27 AM EDT
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Macquarie Led Group Wins Approval From Louisiana Acquiring Cleco For $3.4 Billion

A group of investors led by Macquarie has reached an agreement with utility company Cleco to acquire the latter for $3.4 billion during October 2014. The acquisition proposal has previously been rejected by Louisiana PSC last month due to absence of best interest offerings to the Cleco customers. However, the deal has been approved on Monday following revised commitments from both the parties.

Latest Stories

Walmart Clinic Shutdowns Could Cost You More Than You Think

Walmart declared on April 30 that its virtual healthcare service would be discontinued, and all 51 Walmart Health facilities in five states would dissolve.

How Junk Fees Disguise True Prices

Nearly 90% of respondents to a 2024 Navigator Research survey conducted among voters in 61 competitive congressional districts for the general election said they wanted Congress to enact legislation restricting or outlawing these fees.

Homeowners Insurance Rates Jump 15% as Insurers Flee Wildfire Risk

Millions of Americans are finding it increasingly difficult to maintain homeowners insurance, especially if they reside in one of the nation's rising numbers of places that are vulnerable to natural catastrophes.

IRS Issues Larger Tax Refunds With 2.2% Increase: Here Are Smart Spending Tips to Use Your Additional $75

According to the most current IRS data, the typical taxpayer receives a $2,852 refund, which is $75 higher than the previous year. So, what should you do with that cash?

McDonald’s Considering a Dollar Menu Revival with $5 Meal Deal

McDonald's is considering introducing a $5 meal to its menu nationwide to lure patrons back into its locations.

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TikTok’s 6-to-1 Shopping Strategy Will Help Shoppers Reduce Anxiety and Save Money

Shopping trips to the grocery store may be emotionally taxing, particularly if you're attempting to buy nutrient-dense foods while simultaneously trying to keep the cost of food down.

Feds Say Credit Card Fees May Outweigh Perks

Biden administration officials are questioning credit card loyalty programs that influence millions of people's purchasing decisions.

5-Year Payoff: New Study Examines College Return on Investment

Whether a college degree is worth the cost is one of the main concerns that families have these days, especially in light of escalating tuition and fees that may leave graduates with debts totaling tens of thousands of dollars from student loans.

US Urban Centers Are Seeing the Worst Rent Spikes at 30%

Since the pandemic started, average American wages have increased, but for many, these gains are being eaten up by growing rent.

'The Fall Guy' Bombs Despite Star Power and $2.4 Billion Frenzy

Despite a strong start, "The Fall Guy's" box office issues reveal a grim reality after a $2.4 billion sensation. Although the action comedy received positive reviews, the film has had trouble making money.

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