Business News

Lawmakers considering special session to address budget chaos

Some Louisiana legislators are raising the prospect of a special session to rework the budget following the chaotic close to the legislative session two weeks ago. 

Low home supply has US builders stepping up construction despite high interest rates 

High interest rates are usually bad news for homebuilders. But right now, they are actually making new homes easy to sell by compounding a shortage of available real estate, The Wall Street Journal reports.

Ochsner Health partnering with MD Anderson for cancer treatment

Ochsner Health and the University of Texas MD Anderson Cancer Center will partner to create the Ochsner MD Anderson Cancer Center in south Louisiana, the companies announced today. 

Australian firm files notice with state for EV battery materials facility in Ascension

An Australian mining company filed advance notices with the state last week for an electric vehicle battery materials production facility in Ascension Parish. 

Father-daughter business team launches distillery in downtown Donaldsonville  

Pickle vodka? Greater Baton Rouge’s newest spirits distillery sells boutique vodka, tequila and rum in a variety of interesting flavors from its warehouse-style tasting room and manufacturing facility in downtown Donaldsonville. 

Baton Rouge nonprofit launches program to enhance prison-to-workforce pipeline

A Baton Rouge-based nonprofit has received a federal grant to connect soon-to-be-released incarcerated people with potential employers. 
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The US population is older than it has ever been, posing workforce challenges 

The median age in the U.S. reached a record high of 38.9 in 2022, according to data released this morning by the Census Bureau. 

US initial jobless claims remain elevated

The number of Americans applying for unemployment benefits remained elevated last week, potentially another signal that Federal Reserve rate hikes are beginning to cool a surprisingly resilient labor market.

LSU AD Scott Woodward doesn’t want schools to pay student-athletes directly

LSU Athletic Director Scott Woodward sees his role at the university differently from what...

Walk-On’s names a new CEO for the second time this year

Walk-On's Sports Bistreaux has named a new CEO for the second time this year, reports Restaurant Business.