Economic Development

ExxonMobil invests $2M in initiatives at LSU

ExxonMobil Corporation and the ExxonMobil Foundation recently invested $2 million to support several LSU initiatives, the university announced this morning. 

Graves says debt ceiling legislation will lead to faster project approvals

U.S. Rep. Garret Graves says the legislation he helped negotiate with the White House should lead to faster approval of projects that require federal funds and permits.

BRAC joins statewide litter cleanup partnership and urges businesses to come aboard

The Baton Rouge Area Chamber today joined the Clean BIZ Partnership, a new program created by Keep Louisiana Beautiful aimed at reducing and preventing litter

Baton Rouge’s Amedisys has two acquisition suitors, but could more be out there? 

Amedisys, a publicly traded home health and hospice care provider headquartered in Baton Rouge, announced a merger agreement with a larger company last month.  Today, a cash acquisition offer was made public that initially appears to be a better deal for shareholders. But as the board evaluates the new proposal, could more suitors be readying a bid? 

Benny’s buys land for a new B-Quik convenience store on Lee Drive

Benny's has purchased the property next to its stand-alone car wash on West Lee Drive for $1 million. Owner Justin Alford says plans are to build a new B-Quik convenience store and gas station on the site.

Kansas company acquires local software provider for independent grocers

Baton Rouge-based software company MarginMAX has been acquired by Kansas-based Storewise, the companies announced this morning.
- Advertisement -

Permits granted for LSU lakes project; work expected to begin this month

After months of waiting, partners on the University Lakes project have been issued permits from the Army Corps of Engineers to start construction. 

Baton Rouge-based Amedisys receives competing buyout offer

Just over a month after announcing a pending merger agreement, Amedisys has received a competing buyout offer that might be a better deal for shareholders. 

Banks tightening lending standards amid economic concerns

As the Federal Reserve continues to increase interest rates, banks including those in Louisiana...

CEOs anticipate a ‘short and shallow’ recession in the next 12 to 18 months 

A recent survey of CEOs suggests that most expect a recession in the U.S....