Economic Development

Global mergers and acquisitions top $1 trillion in Q1

Companies across the globe announced just over $1 trillion of mergers and acquisitions in the first quarter of 2022, which ended yesterday, according to Refinitiv.

VBR survey: City needs to improve workforce development, health and safety

The survey of Visit Baton Rouge stakeholders, which drew 241 respondents, found the city to be a weak destination, lacking an ability to align the public, private and civic sectors to drive performance.

US gains 431,000 jobs in March

The national unemployment rate fell to a pandemic low 3.6% in March, as employers...

​​EBR weighs privatizing wastewater plant operations

Mayor Sharon Weston Broome’s administration is seeking proposals from outside firms that are interested in running the parish’s wastewater treatment facilities. 

Louisiana construction employment rebounding from pandemic low 

Construction employment in Louisiana has rebounded somewhat since the beginning of the pandemic, but the state remains below pre-pandemic levels, New Orleans City Business reports. 

Biden wants to penalize oil companies not producing on public land leases 

President Joe Biden today ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the U.S. and allies imposed steep sanctions on Russia over its invasion of Ukraine.
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PSC hires consultant to evaluate utilities’ operations

The Louisiana Public Service Commission voted Wednesday to hire an outside engineering consultant to...

SBA expanding Community Advantage loan program for small businesses 

The Small Business Administration's relatively new Community Advantage loan program is getting an upgrade...

Proposed Grön Fuels facility finds powering partner

Babcock and Wilcox, an Ohio-based energy and service provider, will partner with Kiewit Industrial to provide power to the Grön Fuels facility planned for the Port of Greater Baton Rouge, Babcock and Wilcox announced today.

Another active hurricane season predicted for 2022 

The 2021 hurricane season was the third most active on record and AccuWeather's hurricane...