Economic Development

Redevelopment of vacant downtown building on Lafayette shelved

A long-vacant shell of a building in a high-profile section of downtown Baton Rouge is back on the market after the developer decided he couldn’t bring it back into commerce for a price that makes sense. 

Metro Council to question Mayor Broome on budget

East Baton Rouge Metro Council members will have another chance Tuesday to quiz Mayor...

Retailers may see more red after Black Friday 

Retailers are prepared for a blockbuster holiday shopping season following Black Friday, but consumers burned by the highest inflation in a generation may have other ideas.

Expect a busy Baton Rouge airport this Thanksgiving

The Thanksgiving travel rush is back at BTR. 

Approval of Cameron Parish LNG terminal seen as potential regulatory shift 

Commonwealth LNG’s proposed export terminal in Cameron Parish received unanimous approval from the Federal...

US initial unemployment claims reach highest level since August

The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historical standards.
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EBR average weekly wages up nearly 6% in June from a year ago  

East Baton Rouge Parish average weekly wages increased by 5.8%, and the number of employed workers went up 3.2% between June 2021 and June 2022, according to the latest report from the Bureau of Labor Statistics.  

Louisiana PPE manufacturer gets FDA nod to make chemo-rated nitrile exam gloves

SafeSource Direct LLC, a Louisiana-based manufacturer of personal protection equipment, announced that its chemo-rated nitrile exam gloves have received FDA approval

The keys to engaging on-site workers and promoting retention 

In recent years, leaders have dedicated considerable resources to making remote and hybrid work...

Gulf Coast Sequestration, Climeworks sign Louisiana carbon capture deal 

Louisiana-based Gulf Coast Sequestration and direct air capture company Climeworks announced last week they have partnered in the removal of 1 million tons of carbon dioxide from the air annually by 2030