Banking & Finance

Provident Resources Group raising capital to restore New Hampshire resort

Baton Rouge nonprofit Provident Resources Group is looking to raise up to $125 million to restore the Balsams Resort in New Hampshire, which has been shuttered for 10 years, The Boston Globe reports.  

Rising interest on the residential market

The Baton Rouge residential sector was historically hot over the summer but will inflation and expected rising interest rates have a chilling effect?

Kenilworth Manor Apartments sells for $3.25M

Austin, Texas-based Stilo Capital Partners bought Kenilworth Manor Apartments on Menlo Drive for $3.25 million in a Friday deal. 

How one Louisiana billionaire avoided paying federal income tax

This story was written by Jesse Eisinger, Paul Kiel and Jeff Ernsthausen. It was...

Business on business lawsuits on the rise in Baton Rouge

The American Bar Association this summer warned attorneys to brace for a “tsunami of pandemic-related litigation.”

Louisiana among states warning banks against targeting energy companies 

Louisiana Treasurer John Schroder cosigned a letter with 15 other state treasurers and chief financial officers warning large banks to back off an “ongoing and growing boycott” of traditional energy companies.
- Advertisement -

Businesses get Christmas surprise with federal tax credit’s early end

The federal government’s recently passed bipartisan infrastructure bill ended a payroll tax credit program that was scheduled to expire at the end of this year three months early.

Louisiana has received $2.5B in federal aid so far for Hurricane Ida 

Louisiana residents and businesses have received $2.5 billion in federal aid related to Hurricane Ida, according to the Federal Emergency Management Agency. 

Cyber insurance costs rising rapidly as attacks increase

The cost of cyber insurance is rising rapidly with no signs of slowing down, industry surveys show.

LSU team advances to national accounting competition

A team of six LSU business students is competing in Deloitte’s national 2022 Audit Innovation Campus Challenge, marking the fourth time a team of Tigers has been selected for the accounting competition.