Banking & Finance

Companies expected to speed up refinancing efforts with rate hikes looming 

Companies looking to tap the debt markets will likely accelerate those plans after Federal...

Don’t use inflation as main factor in pay raise request 

Fast-rising consumer prices are pushing many employees to go to the mat for larger-than-normal...

Louisiana has 12th-lowest tax burden at 9% effective rate

Louisiana has the 12th-lowest tax burden compared to other states, with residents taxed at...

Is inflation finally biting into corporate profits?

Since inflation began bursting higher last year, large U.S. companies have found a simple way to keep making record profits: Pass all those price increases along to customers.

Rising prices and rates deliver blow to Baton Rouge housing affordability

For the first time in more than 40 years, home prices and mortgage rates are rising at the same time. A low supply of homes coupled with measures by the Federal Reserve to stem inflation are driving both home prices and mortgage rates up, respectively.

Entergy plan calls for customers to pay backup generator costs for businesses

Entergy has proposed a new project to give backup generators to grocery stores and other commercial customers across the state to form microgrids that can be used during outages and peak demand times, but Entergy wants the rest of its customers to pay for them.
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Investment company purchases two Baton Rouge self-storage facilities

A New York-based investment company purchased two Baton Rouge Mini Storage facilities Monday, one on Greenwell Springs Road for $3.1 million and one on Airline Highway for $5.7 million.

Nearly $250M in Louisiana storm response reimbursements unverified

More than $240 million in disaster assistance reimbursements to local governments over the past 14 years have not been verified to determine if the money was correctly spent or accurately calculated, according to a recent report from the Louisiana Legislative Auditor’s Office.

‘Business Report’ announces 2022 Influential Women in Business

Business Report today announced this year’s class of Influential Women in Business and will honor the 2022 selections at a May 10 luncheon.

Small businesses finding it harder to get bank loans 

Already dealing with the pandemic, small businesses are now grappling with inflation—and they're finding...