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Companies find digital loopholes in NIL rules to allow direct payments to college athletes

Two years after the NCAA cleared the way for college athletes to earn money off their fame and celebrity, digital technology is allowing some...
Business Lunch

Baton Rouge restaurants and bars follow national trends of more profitable summer

Walking into a restaurant like Bistro Byronz or Elsie’s Pie and Plate this summer, one might be surprised to hear that Baton Rouge businesses usually see a dip in traffic during the hottest months of the year.

Business owners are increasingly unsatisfied with loans but there’s still hope

Entrepreneurs are becoming more and more frustrated with their business loans and lenders, Inc. reports.  According to a survey from the National Federation of Independent...

Construction of LNG Center for Excellence to begin in October 

Construction of the 24,000-square-foot LNG Center for Excellence at McNeese State University is scheduled to begin in October, with completion in late 2024 or...

No end in sight for legal battle between Bernhard Capital, CSRS companies

The ongoing legal fight between Brown and Root Industrial Services―a Bernhard Capital company―and CSRS subsidiary Fides Consulting now has a date in federal court. 

Louisiana’s riverboat casinos want to lower their target job numbers 

The head of Louisiana’s gambling regulatory body expects the state’s riverboat casino operators to request adjustments in the employee numbers included in their state licenses. Some of the hiring goals date back to when venues were originally approved three decades ago and were not adjusted for riverboats that have relocated.

Summer spending at bars and restaurants surges as Americans shrug off inflation 

Americans didn’t let persistent inflation and lingering worries about a recession cut into summer spending on dining out and drinking.

LSU professor touts commercial potential of faculty’s AI research

LSU faculty are doing “amazing” work in artificial intelligence that has significant commercial potential, a university business professor says. 

See why this LSU researcher just landed a $2M NIH grant

An LSU chemical engineering professor has received $2 million in funding from a National Institutes of Health grant to develop safer MRI technology.  Assistant professor...

Last year’s US growth wasn’t as strong as it appeared

Last year’s booming job market wasn’t quite as robust as previously thought, USA Today reports. 

City-parish facing free speech lawsuits regarding Kiran Chawla, Alton Sterling

The East Baton Rouge Metro Council is set to review two lawsuits regarding First Amendment constitutional rights. 

See who will manage the ExxonMobil Baton Rouge Refinery

Effective Sept. 1, Regina Davis, will oversee the refinery at the ExxonMobil Product Solutions Complex on Scenic Highway. Davis replaces David Oldreive, who has held the position since 2021.

Dow Chemical settled with state over alleged violations days before explosion  

Just days before the explosion at the Dow Chemical plant in Plaquemine last month, a state agency reached a settlement with Dow that allows the company to forgo hundreds of thousands in fines for a decade of alleged permit violations.  

Is the Fed’s benchmark rate high enough to slow growth and tame inflation? 

A year ago, Chair Jerome Powell delivered a stark warning: To fight persistently high inflation, the Federal Reserve would continue to sharply raise interest...
Blue Cross

Hospital association head urges diligence in assessing Blue Cross sale

The Louisiana Department of Insurance should not approve the pending sale of Blue Cross and Blue Shield of Louisiana to Elevance Health before closely examining the Indiana-based company’s track record in other states, Louisiana Hospital Association President and CEO Paul Salles says. 

See what’s new with the former Capitol Grocery’s quest for a liquor license

The owner of Belli, formerly Capitol Grocery, is pursuing a liquor license for the iconic Spanish Town store. The move is a formality to sell craft beer and wine, as Baton Rouge’s Alcoholic Beverage Control requires a liquor license for any spirits above 6% alcohol per volume. 

Get to know Tiger Athletic Foundation’s Matt Borman 

LSU Athletics reached impressive heights this past year, winning a division title in football and national championships in women’s basketball and baseball. Behind the scenes, Matt Borman spearheads fundraising efforts to help make those achievements possible.  

Is the worst of the auto inventory shortage over for Baton Rouge?

After struggling with tight supply levels for the past three years, local car dealer Matt McKay, of All-Star Automotive, is optimistic that the worst of the inventory shortage is over. 

Entergy suspends disconnections, faces grilling from Metro Council Wednesday 

Amid power outages that shut down LSU on the second day of classes and left many Baton Rouge workers to get ready for their commutes in the dark this morning because a “transmission source was lost,” Entergy’s Louisiana subsidiaries this week announced that they are suspending all disconnections for the duration of Gov. John Bel Edwards’ declared heat emergency through Sept. 9.    
Air Products

Monarch Energy considering Ascension Parish for $426M ‘green’ hydrogen production plant

Hydrogen production company Monarch Energy this morning announced it is considering Ascension Parish as the location for a new $426 million facility.