Business News

Jason DeCuir, a trusted ally of the business lobby and the chairman of the...

While the coronavirus pandemic has done damage to many sectors of the economy, it hasn’t had a negative effect on residential real estate, at least not yet. On the contrary, home sale activity in East Baton Rouge Parish through July is slightly higher than it was for the same period in 2019 or 2018, according to an analysis of MLS data compiled by the Greater Baton Rouge Association of Realtors and provided by local real estate agents.

In a meeting this morning of the Louisiana Economic Recovery Task Force, Dr. Stephen Barnes, an economist at UL-Lafayette and a member of the state’s Revenue Estimating Conference, said data suggests the economic downturn will last longer and be harder to recover from than originally thought. “While we had initially hoped this would be a much shorter event, as time passes more and more permanent damage is being done,” Barnes said. “That is going to give you a recovery path that might look more and more like the Great Recession did than the recovery after an event like Katrina.”

• The Louisiana Department of Health reported 1,345 new COVID-19 cases today and another...

• Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence...

A 5-acre parcel at the Lane Regional Medical Center campus has been sold to be the site of a nursing home. As part of the deal, the nursing home company will manage the hospital’s current nursing home facility inside the hospital and construct and operate a new nursing home.

Three key elements to include while developing a DEI strategy in order to ensure your focus is intentional and effective.

3 things to know: Domoine Rutledge is the vice president and general counsel for CSRS, joining the company after working decades for the EBR school system.

• Louisiana's COVID-19 hospitalizations continued a trend of modest decreases today, while the state...

Struggling businesses near LSU are hoping the university offers a financial lifeline this fall by opening the campus to students … and football fans.