Bernhard Capital portfolio company Atlas to be acquired for $1.05B
Bernhard Capital Partners announced that its portfolio company Atlas Technical Consultants Inc. has agreed to be acquired by private investment firm GI Partners in an all-cash transaction valued at $1.05 billion.
Louisiana company mergers and acquisitions held steady in 2022
Louisiana saw 206 acquisition or merger transactions announced or closed in 2022 that involved a buyer, seller or target company from the state, New...
Only one week left to write in Best of 225 nominations
The first step in 225 magazine’s process of naming this year’s Best of 225 Awards has begun.
Job market remains hot as openings reach 11 million in December
U.S. job openings rose to 11 million in December, delivering a setback to the Federal Reserve's effort to cool a hot job market.
Downtown Baton Rouge businesses hurting from state’s work-from-home policies
Louisiana government under former Gov. Mike Foster consolidated most state offices downtown, which helped spur the city core’s revitalization.
Demand for LNG, offshore equipment sparks record orders for Baker Hughes
Houston-based Baker Hughes Co. generated record orders in the fourth quarter of 2022, driven by multiple awards for LNG and offshore production equipment, Natural...
Fed expected to hike interest rates one more time
The Federal Reserve is expected to hike interest rates by a quarter of a percentage point today, slowing the pace of its inflation fight...
GOP-led House committee targets pandemic relief dollars for review
More than 1,000 people have pleaded guilty or have been convicted on federal charges of defrauding the myriad COVID-19 relief programs that Congress established in the early days of the pandemic.
Bernhard Capital exec expects ‘pockets of stress’ but bullish on state’s economy
Though a mild recession this year is still a common prediction among experts, Jeffrey Koonce with Baton Rouge-based Bernhard Capital Partners says he’s “bullish” on the long-term prospects for Louisiana’s economy.
Baton Rouge-area unemployment lower than statewide average
The Baton Rouge metropolitan statistical area’s unemployment rate for December was 3%, among the lowest rates in the state, according to data released today by
Get to know Jonas Fontenot, Mary Bird Perkins’ new CEO
When Jonas Fontenot was hired by Mary Bird Perkins Cancer Center in 2008, he didn’t envision a career trajectory that would one day land him in the health care institution’s top spot.
Several Louisiana college athletic programs operating in the red
Athletic departments at several of Louisiana’s public universities are operating at a loss, according to recent reports from the Louisiana Legislative Auditor’s office.
Baton Rouge portion of $255M in flood mitigation work should be done by end...
Local officials say work continues on long-awaited drainage projects intended to reduce flood risk in East Baton Rouge Parish—this after weekend storms once again...
Celtic Studios taps new executive director
California native Kevin O’Neil is the new executive director of marketing and operations at Celtic Studios.
LSU professor: Orphaned oil wells can boost production while sequestering CO2
LSU petroleum engineering professor Dandina Rao has come up with a plan that would increase oil production as well as reduce greenhouse gas emissions...
US wage growth slowing after rapid gains
Pay and benefits for America's workers grew at a healthy but more gradual pace in the final three months of 2022, a third straight...
Preserve Louisiana at ‘reduced capacity’ after losing Old Governor’s Mansion space
After losing its headquarters in the Old Governor’s Mansion, historical preservation nonprofit Preserve Louisiana has been operating virtually for the past year.
BREC will seek public input in creating 10-year master plan
East Baton Rouge’s parks and recreation system this year will engage the public to create the master plan that will guide its next decade.
LSU athletics launches NIL collective Bayou Traditions
LSU athletics today announced the launch of Bayou Traditions, the official name, image and likeness fundraising collective for the athletic department.
Billions in COVID aid reportedly went to companies using ineligible SSNs
The U.S. government may have awarded roughly $5.4 billion in coronavirus aid to small businesses with potentially ineligible Social Security numbers, offering the latest...