Business News

Domestic oil production hits all-time high

After three and a half years of recovering from COVID-era losses, U.S. oil production hit an all-time high this past week. 

Here’s what critics are saying about last week’s hydrogen hub announcement

There’s criticism over a lack of transparency by the Department of Energy around the application and selection process.

Capital Region housing market cool front continues 

The Capital Region’s housing market is continuing to shift and tighten, according to the latest data released by the Greater Baton Rouge Association of Realtors. 

Companies are considering stop-loss insurance for high health care costs 

Health insurance costs for companies are climbing at the steepest rate in years, and it has executives looking for ways to remain competitive with job seekers while also managing the added expense, The Wall Street Journal reports. 

Companies are increasingly using this tool to refinance short-term debt 

Businesses short on cash are turning to so-called double-dip loans to refinance short-term debt...

Baton Rouge luxury home market is seeing an increase in cash deals

While sales were initially slow this year in Baton Rouge’s upper-end home market, local broker Quita Cutrer of Burns & Co. says sales are picking up. 

Dispute between BRAF affiliate, Chevron subsidiary headed back to court

Baton Rouge-based Wilbur Marvin Foundation and a subsidiary of Chevron are winding down their...

Zeeland Street cafe by day will transform into an elevated dinner concept at night

Baton Rouge restaurateur Stephanie Phars has made style shifts to her popular Zeeland Street eatery every few years since it opened nearly three decades ago. 

Billions of dollars to clean up abandoned oil and gas wells will only make a dent 

An infusion of federal money has helped Louisiana plug nearly 500 abandoned oil and gas wells this year.

BRCC relaunches commercial driver’s license program

Baton Rouge Community College is relaunching its Commercial Driver’s License program later this month as the nation continues to grapple with a truck driver shortage. Â