Business News

Capital Region feels interest rate pinch as jobless claims hit 18-month high 

The Federal Reserve’s rate hikes may finally be hitting the Capital Region, with unemployment rates climbing slightly to 3.4% this month and jobless claims rising to their highest level in 18 months, according to the Baton Rouge Area Chamber’s latest economic indicator report. 

Baton Rouge-based Tilt behind rebranding of Luzianne Teas 

Iconic New Orleans brand Luzianne Teas is rebranding, starting with the launch of a new hot tea line.

Our Mom’s is expanding and moving into stand-alone location

The owners of Our Mom's Restaurant and Bar are planning to build and move into a stand-alone building across from BREC's Burbank Soccer Complex on Burbank Drive, says Trent Fresina, who co-founded the restaurant with J.P. Ngo.

Looming UPS strike spells trouble for small businesses   

Businesses in the U.S. could face yet another supply chain disruption in the form...

Is ‘body doubling’ the answer to stopping procrastination on projects? 

A new work hack, involving connecting online with others to hold each other accountable for getting tasks done, is gaining popularity and businesses are jumping in to make money off it, The Wall Street Journal reports. 

LSU researcher looks to bolster offshore rigs’ durability against hurricanes 

LSU civil and environmental engineering associate professor Chao Sun is researching how to create resilient offshore energy infrastructure—oil and gas rigs as well as pipelines—which can withstand hurricanes and other extreme weather.   

ExxonMobil names new head of Baton Rouge plastics, resin finishing plants 

ExxonMobil has named Laura Eiklor as manager of its Baton Rouge plastics plant and resin finishing plant, according to BRProud.com. 

Pecue Lane residents look to rezone their properties to protect larger lot sizes

Nearly a dozen residents of Pecue Lane, in between Perkins and Highland roads, are looking to rezone their properties to protect their lot sizes and restrict future development on the land. 

Allen Stanford appeal expected to delay $257M in victim payments

Allen Stanford, convicted of leading a multibillion-dollar investment fraud, is appealing two court-approved settlements from prison. 

BRPD Chief Murphy Paul leaving at the end of the year 

Baton Rouge Police Department Chief Murphy Paul is planning to step down later this year after five and a half years in the role, Mayor Sharon Weston Broome announced this morning. Â