Business News

Researchers designing a new drought-resistant rice through a USDA grant  

LSU mechanical engineering associate professor Manas Gartia is working with a team of 24 researchers spanning five states to develop a new type of rice that better withstands drought conditions.   

US is in the midst of a manufacturing investment supercycle

There is massive new investment taking place in the industrial sector that’s set to shape the economic landscape for years to come, according to Axios.

Reducing drudgery in the quest to retain workers

What is as good as a raise? A break from drudgery, according to The Wall Street Journal.   

Buyer reportedly planning to build hotel after purchasing site off Essen Lane

A vacant commercially zoned lot on Summa Avenue near the Red River Bank on Essen Lane was sold for an undisclosed price last week.

Should the state be the primary authority on carbon capture well permits? Residents will weigh in

Louisiana residents will weigh in this week on the state’s bid to take over primary authority for permitting carbon capture wells. 

Advance notices filed for new Exxon-affiliated recycling facility

Advance notices were filed with the state on Friday for a new recycling facility that would process plastics that are traditionally hard to break down. 
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Women in leadership positions are dealing with ageism at every age    

But with an increasingly diverse and multigenerational workforce, age bias now occurs across the career life cycle—especially for women, according to Harvard Business Review.   

Louisiana among 37 states that saw worker productivity drop last year

U.S. worker productivity has dropped significantly, including in key large states, leaving some economists alarmed by the decrease in a measure that could mean trillions of dollars to the economy.

How should businesses respond to the massive OMV hack?

A cyberattack on MOVEit, a third-party tool used to transfer large files, has compromised some 6 million records at the Louisiana Office of Motor Vehicles, state officials said today.

Baton Rouge area adds 3,400 jobs in May

The Baton Rouge metro area gained about 3,400 jobs from April to May and 18,700 jobs compared to the same month last year, according to the latest seasonally adjusted numbers from the Louisiana Workforce Commission.