08:30 Newscast January 13, 2016

Governor John Bel Edwards has signed an executive order to expand Medicaid in Louisiana. The goal is to have 300-thousand low-income, working citizens covered by Medicaid by July 1st. Edwards says they will follow other states lead for a smooth enrollment sign-up…

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The state will have to hire 248 people to help with the enrollment process and it will cost 2-point-8 million dollars, but health care providers are expected to pick up that bill.

The PowerBall jackpot has shot up to 1.5 billion dollars, making it the biggest jackpot in the world. Louisiana Lottery Spokesperson Kimberly Chopin says ticket sales keep going up as the jackpot grows. She says when ticket sales continue to climb they’re able to transfer more money to the state of Louisiana…

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The jackpot has a cash value of $930 million.

Oil prices have hit 30 dollars a barrel, which is the lowest price since December 2003. Eric Smith with the Tulane Energy Institute says we could see the price drop even lower as 2016 goes on. He says it will be tough for oil companies to make money with oil trading at that price…

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A glut in supply of oil has led to this huge decline in oil prices.

Fish farming will now be allowed in the federal waters of the Gulf of Mexico, after new regulations were issued this week by NOAA. NOAA’s Deputy Director of Aquaculture, David O’Brien, says they’ve been pushing for this because 90% of U.S. seafood is imported…

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This means commercial seafood can now be harvested in enclosures on the seafloor of the Gulf of Mexico.