acquisition and mergers

Companies are cutting back spending plans, pressured by high interest rates 

An increasing number of finance chiefs are cutting their company’s spending plans as higher interest rates squeeze their bottom lines, according to a survey published Wednesday by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Atlanta and Richmond. 

Time to create or update an employee handbook? Check out these tips

Employee handbooks help workers familiarize themselves with the organization’s expectations, provide a way to inform employees of their workplace rights, and can serve as evidence in an employer’s defense against legal claims. 

Metro councilman wants a public hearing over this controversial development

Councilman Rowdy Gaudet is seeking a public hearing to be held over a request to create an economic development district at Aztek Cove, a proposed development that has been embroiled in conflict for years. 

New Jamaican restaurant coming to Mid City

Louisiana Department of Health Chief of Staff David Timoll plans to open The Jerk Pit, a Caribbean restaurant serving traditional Jamaican cuisine, in what was formerly a dentist’s office on South Foster Drive.
Rolfe McCollister

Rolfe McCollister: Determine our destiny by voting

Editor's Note: This column expresses the opinion of the author only and does not constitute an endorsement by Business Report. Business Report does not...

Baton Rouge filmmaker’s new project, shot in Scotland, gets local premiere

When Baton Rouge writer-director Richie Adams arrived at the Isle of Lewis off the coast of Scotland in 2020 to begin pre-production for The Road Dance, his new film premiering locally next month, it seemed he had won the weather lottery. 

How to be a more inclusive leader at work 

Leaders play a critical role in fostering inclusivity within their companies. And when they’re good at it, they can see 17% increase in team...

First look: A new plant-based restaurant, bar and tearoom opens soon 

Two years in the making, the Plantry Café is finally set to open for lunch on Monday, Oct. 9 on Bluebonnet Boulevard in the...

What Louisiana governor candidates want to do about soaring property insurance rates

One of the most pressing issues Louisiana faces is skyrocketing property insurance rates for homeowners and businesses.

Zippy’s prepares major renovation to patio and outdoor dining space

Zippy’s Burritos, Tacos and More is currently undergoing a major renovation as the Perkins Road taqueria approaches its 22nd year in business. 

BRCC hopes hiring of former high-profile LSU coaches helps bring championships  

Two former LSU coaches are furthering their impact on Baton Rouge athletics through new positions at Baton Rouge Community College. Paul Mainieri, LSU’s head baseball...

EBR set to announce ‘new funding opportunities’ for developers, contractors

East Baton Rouge’s Office of Community Development is set to announce “new funding opportunities” for developers, contractors and nonprofits to address housing quality and affordability, according to the agenda for today’s Metro Council meeting. 

Will women ever achieve parity in the C-Suite? Survey says Americans are split 

Despite women serving as chief executives and board members at record rates—10.6% and 30.4%, respectively—the share of women in top business positions remains well below their share of the population. 

New ramen restaurant coming to Corporate Boulevard

A new ramen restaurant is planning to open on Corporate Boulevard.  Restaurateur Hui Yang plans to open Hikari Ramen Noodles in two suites of Courtside...

Should company health plans cover drugs like Ozempic for weight loss? 

While many employer plans cover the headline-grabbing Ozempic and similar drugs as a diabetes treatment, just 22% of U.S. employers cover any kind of prescription drugs for weight loss—for which Ozempic and cousins Wegovy and Rybelsus are increasingly prescribed.  

Developer seeks Metro Council approval for $35M economic development district

Developer Nitin Kamath is seeking to create an economic development district at Aztek Cove, his planned business complex along Highland Road near the Country Club of Louisiana

Roundup: Constitutional amendments / Amazon lawsuit / US home sales 

Explainer: The Louisiana Constitution should have been written in pencil rather than ink. Since it was ratified in 1974, voters have approved 209 amendments....

US consumer confidence tumbles in September as recession fears resurface 

The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.

New leader rejoins LABI with ambitious agenda

This morning, he accepted an offer to become the next president and CEO of what is arguably the most powerful nongovernmental organization in the state—the Louisiana Association of Business and Industry—which is gearing up for next year with a new, expansive agenda. 

Manship family names next CEO

Jake Manship has been appointed president and CEO of WBRZ-TV, KRGV-TV Texas and the rest of the Manship family’s business lines, WBRZ-TV reports