Economic Development

Bernhard-backed Allied Power will service 12 nuclear plants through 2028

Bernhard-backed firm Allied Power Holdings LLC announced it has signed a multiyear contract extension to service Constellation Energy Generation's fleet of nuclear power plants. Financial terms of the deal were not disclosed

Labor market remains tight despite rising jobless claims

Though unemployment claims climbed last week—the first such increase in several weeks—experts say companies...

Louisiana casino gaming revenue still trails pre-COVID numbers 

Louisiana casino gaming revenue in the last half of 2022 fell short again of pre-pandemic numbers, down more than $43 million with remitted fees down $5 million.

Bank of St. Francisville buys land on Jefferson for future branch

The Bank of St. Francisville has purchased land for a new branch on Jefferson Highway, according to documents with the East Baton Rouge Parish Clerk of Court’s office.

State seeks answers on whether it can regulate carbon capture wells

Gov. John Bel Edwards is seeking answers from the federal government about if, and when, Louisiana will get the authority to regulate wells used in carbon capture. 

‘LaPolitics’: 30 bills already filed for upcoming session  

With the special session out of the way, we can fully turn our attention to the upcoming regular session that convenes on April 10.
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Construction sector helps Capital Region hit pre-pandemic jobs total

The Capital Region hit its pre-pandemic jobs total in December following six straight months of growth, the Baton Rouge Area Chamber reports.

ExxonMobil combining business units as it continues to cut costs

ExxonMobil is combining business units as part of a continuing corporate reorganization that will...

Legislature will consider removing inventory tax credit 

The Louisiana Legislature will be asked to do away with a long controversial business tax break and remove the tax burden of some of the state’s highest-earning companies this coming session. 

Baton Rouge updating its plans for future parishwide development

East Baton Rouge Parish planning officials are about to launch the public process for updating FuturEBR, the comprehensive plan for the city-parish.Â