Economic Development

From Microsoft to Levi’s, here’s a look at companies that are cutting jobs

It’s not even February, and 2024 has already proved to be a difficult year for layoffs. A handful of companies have been making job cuts in recent weeks, bringing uncertainty for workers across industries.

Further slowing of inflation seen as supporting Fed’s ‘soft landing’ goal 

The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy...

Large-scale changes in federal flood insurance program urged 

Congress has spent more than six years avoiding its responsibility to reauthorize the National Flood Insurance Program, using a series of stopgap bills to extend the life of the program that has issued nearly 5 million policies.

Cornerstone Flooring buys building on Oak Villa to serve as its headquarters

In a deal that closed Thursday, Cornerstone Flooring Companies, a commercial flooring contractor, purchased...

Landry selects Susan Bonnett Bourgeois as LED secretary 

Gov. Jeff Landry has selected Covington’s Susan Bonnett Bourgeois as secretary of Louisiana Economic Development, he announced this morning at the Committee of 100 Breakfast at Washington Mardi Gras in D.C. 

Developer John Engquist buys property for planned subdivision off Perkins

Baton Rouge-based developer John Engquist recently closed on $6.7 million worth of property for...
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White House delays decision on Venture Global LNG terminal 

The Biden administration is pausing a decision on whether to approve Venture Global LNG’s...

This cookie, ice cream and snoball concept is coming to Baton Rouge

Mandeville-born Flying Dolly’s, founded as Just Chillin’ in 2011 and rebranded in 2023, will...

Leadership Power Breakfast looks to the future of Baton Rouge

Each of the speakers at this morning’s Leadership Power Breakfast, hosted by Business Report, stressed the need to focus on Baton Rouge’s future. 

Mary Bird Perkins Cancer Center expands into central and north Louisiana

Mary Bird Perkins Cancer Center today announced that it has entered into a strategic alliance with MD Clinics that will enable its expansion into new regions.