Business News

Breaking news, company moves, economic trends, and the deals shaping Greater Baton Rouge and the Capital Region.

Lower hotel occupancies means developers bear higher TIF costs

With hotel occupancy down locally, the tax dollars that help offset some bonded costs are also down, meaning developers are having to use more of their own money to pay debt obligations.

Consumer spending drops sharply in Baton Rouge after unemployment boost ends  

While consumer spending continues to be relatively flat in Livingston and Ascension parishes, it...

City-Parish disputes being on list of top cities that will be hit hard by the pandemic

Cities that rely heavily on tourism, sales taxes or direct state assistance are predicted...

Virus roundup … 

• Out-of-work Americans may see only a three-week boost to their unemployment benefits, as...

Single-family homes for less than $350K are hot sellers in Baton Rouge 

With record-low mortgage rates, certain pockets of Baton Rouge’s residential real estate market are...

Virus roundup … 

• Louisiana is reporting 735 new COVID-19 cases Monday, bringing the statewide total to...
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What each unemployment proposal would mean for Baton Rouge workers

Gov. John Bel Edwards’ announcement last week that unemployed workers across the state will...

Virus roundup … 

• The number of COVID-19 hospitalizations and patients on ventilators dropped this weekend as...

Commercial sales in Baton Rouge increase from June to July

While still significantly down from pre-pandemic levels, commercial sales in Baton Rouge rose 50%...

Virus roundup … 

• Louisiana health officials reported nearly 1,300 newly confirmed COVID-19 cases Friday and 28...
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