Economic Development

Pace of bank mergers faster than at any time since 2008 crash

Banks this year are completing acquisitions and mergers at a pace not seen since the 2008 financial crisis, The Wall Street Journal reports.

Louisiana export terminals up and running but below normal volume

U.S. soybean exports jumped to a six-month peak last week while corn shipments were...

Vinformatix to partner with DC firm to go after federal contracts

Baton Rouge-based IT firm Vinformatix is positioning itself for growth in the government contracting sector through a new, joint venture with The Parnin Group, an Alexandria, Virginia, consulting firm that specializes in working with governmental agencies.

Baton Rouge retailers trying to get ahead of supply chain issues for holiday season

Backed-up supply chains have been an issue for retailers since the early days of the pandemic, and Baton Rouge stores are trying to combat the problem in order to have enough stock for holiday shopping.

OLOL weighs in on Mary Bird Perkins’ deal with BRG

What will Friday’s announcement that Mary Bird Perkins Cancer Center and one of the largest oncology practices in Baton Rouge are partnering with Baton Rouge General’s Pennington Cancer Center to expand services to the BRG Bluebonnet campus mean for Our Lady of the Lake Regional Medical Center?

Hurricane Ida may limit local produce at markets until late October 

Southeast Louisiana farmers, who were already in the middle of their traditional slow season, are now dealing with fallen trees, flooded fields and flattened crops as a result of Hurricane Ida. Some Baton Rouge-area growers may not be back in business until mid or late October.
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Louisiana’s unemployment trust fund insolvent by federal standards

The fund Louisiana uses to pay benefits to unemployed workers falls short of federal standards for solvency, according to the Washington, D.C.-based Tax Foundation.

CSRS bucking trend by expanding to new, bigger offices 

While many employers are rethinking their need for office space in the COVID era, downsizing offices or closing them altogether, CSRS is expanding.

Mary Bird Perkins collaborating with BRG’s Pennington Cancer Center

In the latest shake-up to rock the rapidly changing local health care market, Mary Bird Perkins Cancer Center and one of the largest oncology practices in Baton Rouge—Louisiana Hematology and Oncology Associates—have signed a letter of intent with Baton Rouge General’s Pennington Cancer Center to expand services to BRG’s Bluebonnet campus.

Natural gas price spike may be short-lived

Natural gas prices have surged recently, but domestic producers haven’t yet ramped up production enough to meet the rising demand, an LSU expert says.Â