Home Business Page 33

Business

b1Bank launching new derivatives services line

Baton Rouge’s b1Bank is planning to launch a line of derivatives products and services, which will provide clients with more flexibility managing interest rate risks.

US employers pulled back on hiring in October, adding 150,000 jobs 

The nation’s employers scaled back their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market remains...

Rising costs threaten development of US offshore wind industry

Good news or bad news first? Because there was plenty of both this week for the fledgling U.S. offshore wind industry.

Gulf oil and gas lease sale off again, pending a federal hearing  

The upcoming sale of federal Gulf of Mexico oil and gas leases was officially postponed today amid legal fights over protections for an endangered species of whale.

Louisiana Legislature set to revisit carbon capture debate

A Louisiana legislative task force established to consider the local impacts of carbon capture and sequestration will begin meeting on Monday. 

Companies are taking a slow approach to using a new instant payment system 

The Federal Reserve rolled out its FedNow real-time payment system in July of this year, which allows companies to pay their suppliers in seconds,...

Here’s why the I-10 bridge replacement project in Lake Charles stalled

A $2.1 billion plan to replace the aging Interstate 10 bridge in Lake Charles suffered a potentially fatal blow last week when state lawmakers rejected the project’s financing plan because it relied heavily on tolls criticized by trucking companies, reports NOLA.com.

Will shoppers spend more―or less―this holiday season?

The National Retail Federation, the nation’s largest retail trade group, expects shoppers will spend more this year than last year, but their pace will slow given all the economic uncertainty.

Uncertain project economics can put a contractor’s profitability at risk. Here’s how some are...

An industrial contractor’s ability to maintain a healthy profit margin can be tenuous, at best, in an age of fluctuating material prices, rising wages...

Courts are being asked to weigh the need for companies to protect their trade...

Baton Rouge attorney Jude Bursavich recalls a case that involved an employee who took company books home for the weekend, quit the job on...

Whitney Johnson: Imagining the job that doesn’t exist—yet

Over the years, I’ve talked to many people who landed a job that didn’t exist until they imagined it into being. My first guest when...

Jon Gordon: Struggle leads to strength

My wife calls me ChatJG because whenever she asks me for the right words for one of her social media posts, I can spit...

Local entrepreneur launches app to connect bartenders with customers

Area entrepreneur David Facey has launched Bar Pals, an app that allows patrons to rate and review their favorite drinks and bartenders. 

More companies advertising four-day workweeks in job postings 

According to research out this week from jobs platform Indeed, employers are more commonly advertising shortened weeks in job postings.

Raising Cane’s sells $500M of junk bonds in debut offering

Raising Cane’s Chicken Fingers sold $500 million of junk bonds Wednesday after receiving strong demand from investors that let it cut the yield it is paying on the debt, Bloomberg reports. 
acquisition and mergers

How Baton Rouge’s public companies fared in the third quarter

As the year winds down, public companies are releasing their Q3 quarterly reports. 

DDD director touts 24-hour police presence, parking availability

The Baton Rouge Police Department recently began providing around-the-clock patrols of the downtown area, following a few high-profile incidents. 

Louisiana among worst states for personal income  

A new analysis of data dating back to before the COVID-19 pandemic shows Louisiana ranked among the worst states for personal income growth.

LSU, Tulane land $22M to save the Mississippi River Delta

LSU and Tulane University are receiving a $22 million award from the National Academy of Sciences, Engineering and Medicine to lead a consortium seeking ways to save the ecologically fragile Lower Mississippi River Delta, the schools announced today.

H&E Equipment Services expands with California acquisition

Baton Rouge-based H&E Equipment Services announced today that it is broadening its presence on the West Coast with the acquisition of a California-based provider of non-residential construction and industrial equipment.