Restaurants say USBC championships helping sales
The United States Bowling Congress Open Championships have been rolling at the Baton Rouge River Center for three months now, and downtown-area restaurants say the influx of bowlers has created a noticeable uptick in business. Mayor Kip Holden...
DATE: May 18, 2012 | CATEGORY: Daily Report
Lawmakers seek wholesale review of La. tax breaks
As the state's budget woes pile up and tax break bills continue to sail through the Legislature, lawmakers are setting the stage for a wholesale review of the billions of dollars in tax exemptions, rebates and credits on the books. The effort is...
DATE: May 18, 2012 | CATEGORY: Daily Report
B.R., N.O. and Northshore set aside rivalries to flex combined political, economic muscle
Three years into an organized effort to give southeastern Louisiana a more powerful voice in its economic future, leaders of the fledgling initiative say it has found its wings. The Southeast Super-Region Committee, formed to unite the Baton Rouge,...
DATE: May 16, 2012 | CATEGORY: Daily Report
Preis sells 5 Spanish Town properties
Developer Richard Preis has sold five Spanish Town rental properties to Lance Bennett, a well-known neighborhood property owner who plans to renovate the houses using historic tax credits. The price of the sale was not disclosed, but Preis says the...
DATE: May 16, 2012 | CATEGORY: Daily Report
Tax credits to help save Spanish Town houses
State historic tax credits will allow for the restoration of five houses that are considered contributing elements to the historic Spanish Town neighborhood. Developer Lance Bennett says he paid about $100,000 each for the houses—three on...
DATE: May 16, 2012 | CATEGORY: Daily Report
Super priorities
The Southeast Super-region committee has initially focused on four areas—transportation, international trade, air service and innovation—and also has reacted to other issues as they arose. Specific steps taken or under way include:
DATE: May 14, 2012 | CATEGORY: Current Issue
News roundup: Energy execs cautious about acquisitions, survey says … Weekly U.S. oil, gas rig count up by 9 … Closing arguments heard in 'Lil Boosie' murder trial
Depends on who you ask: Energy executives expect to pull back on deal activity over the next year, after a recent busy period of shale-driven mergers and acquisition, according to a survey by accounting firm Ernst & Young. As the...
DATE: May 11, 2012 | CATEGORY: Daily Report
Credit firms call for 'mobile wallets' at cellphone trade show in N.O.
CTIA Wireless—the U.S. cellphone industry's annual trade show that begins today in New Orleans—is drawing heavy participation, not just from those in the cellphone industry, but also from MasterCard, Visa and other companies in the...
DATE: May 08, 2012 | CATEGORY: Daily Report
DMC Carter Chambers to build new headquarters in B.R.
Gov. Bobby Jindal joined officials from DMC Carter Chambers today to announce the company's plans to spend $10 million to build a new 90,000-square-foot headquarters facility on a lot next to the company's current headquarters at 19151 Highland...
DATE: May 08, 2012 | CATEGORY: Daily Report
Tres Bernhard gives up law license
James M. "Tres" Bernhard has permanently surrendered his license to practice law in Louisiana "and in any other jurisdiction in which he is admitted to the practice of law," according to records released today by the Louisiana Supreme Court. The...
DATE: May 04, 2012 | CATEGORY: Daily Report
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