Business News

Opponents celebrate as Blue Cross sale hearing pushed back

A public hearing to discuss the possible sale of Blue Cross and Blue Shield of Louisiana to an out-of-state for-profit company has been pushed back from next week to October amid public criticism.

Will the PSC unplug Louisiana utilities from components made by foreign adversaries? 

It’s either a rushed but genuine attempt to solve a legitimate issue, or part of a larger political strategy to oppose Louisiana’s transition to renewable energy.

CVS on Government set to close next month

A Mid City CVS pharmacy on Government Street is set to shut down in...

‘LaPolitics’: Transition time for Insurance Department

Businessman Tim Temple became the insurance commissioner-elect this week after his lone opponent withdrew from the race rather than face a legal challenge over taxes and residency. Temple will now immediately go to work on his transition team, which may be asked to draft a proposal for a special session next year.

Tractor Supply Co. property in Zachary sells for $6.5M

The Tractor Supply Co. property in Zachary has changed hands for $6.5 million in a deal filed with the East Baton Rouge Parish Clerk of Court’s office Thursday morning.

H&E accuses former employee of stealing trade secrets, violating noncompete agreement

Baton Rouge-based H&E Equipment Services is accusing a former employee of using the company’s private information to compete on behalf of his new employer, costing H&E millions. 

First half of 2023 has 401(k) savers counting their gains

A resilient stock market helped boost gains for savers with retirement accounts through the first half of this year.

New owners rebrand Bin Q Liquor and add tasting room, wine club  

If you’ve been around Baton Rouge long enough, you might still refer to Bin...

Average long-term US mortgage rate hits highest level in more than 20 years 

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.

Construction underway at site of former Reggie’s bar

Construction is underway at the site of the former Reggie’s, the shuttered Tigerland bar that lost its liquor license following the death of LSU student Madison Brooks earlier this year.Â