Economic Development

The Velvet Cactus closes Baton Rouge location citing rising costs

While it says that sales have remained steady through the pandemic, Velvet Cactus blames its decision to close on rising costs "across the board" that continue to increase.

Consumers scaling back on food delivery orders

Consumers are changing their food delivery habits amid economic concerns and as the industry evolves from the growth it saw during the pandemic, The Wall Street Journal reports. 

Applications for unemployment across nation edge higher

The number of people seeking unemployment benefits rose slightly last week but the labor...

From quiet quitting to boomerang employees, new work terms dotted 2022 

In 2022, changes in workplace culture ushered in new buzzwords, as employees flexed their...

Tri-state hydrogen partnership entering second phase of grant application

Arkansas, Louisiana and Oklahoma will submit a formal application to the Department of Energy for funding of their regional hydrogen hub. 

Businesses will get further relief from corporation franchise tax in 2023

Louisiana businesses will get additional relief from the corporation franchise tax beginning Jan. 1,...
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Stories to remember from 2022: The over-under on gambling’s evolution

The Belle of Baton Rouge and Casino Rouge (now Hollywood Casino) gave downtown a...

Louisiana lumber mill expansion will service oil field market

Great Southern Wood Preserving, the lumber processing company best known for its YellaWood brand...

Baton Rouge area gaining ‘invaluable’ publicity from TV, movie filming

When you watch movies or TV shows filmed in Louisiana, do you spend most of the running time looking for local landmarks? If you’ve been watching the National Treasure: Edge of History series on Disney+, you haven’t had to look very hard. 

Say goodbye to the era of free online shopping returns 

Retailers are trying to put a stop to the common online shopping practice of...