Business News

A pair of local businessmen purchased an industrial property on Thomas Road about halfway between north Baton Rouge and Baker for $1.32 million

Shell’s Zydeco crude pipeline is expected to restart this week after it was taken offline in April, according to market intelligence firm Argus. 

The Internal Revenue Service has paid out more than $150 billion amid a surge of claims for an expired pandemic-era tax break for small businesses.

The restaurant is one of several newcomers in Ascension Parish, meeting the demand of a population that has grown by more than 50,000 since 2000.

An out-of-state investor has purchased The Villas at Riverbend student apartments for $23.75 million, according to records with the East Baton Rouge Parish Clerk of Court's office.

For companies that need to borrow money these days, it pays to be big, The Wall Street Journal reports.  

Legislation that would renew the incentive program that subsidizes Louisiana’s film sector easily cleared the state House of Representatives and awaits a vote in the Senate. 

Property owners can appeal their own assessments they feel are too high through their local board of review and, if still not satisfied, to the Louisiana Tax Commission. But that’s where the options for remedy end.

The Federal Reserve will make only modest progress in its fight against inflation for the rest of this year, even while keeping its benchmark interest rate at a 16-year high, a group of business economists predict in a survey released this morning.

Rebecca Gardner, owner of The Hope Shop, has signed a lease and applied for an occupancy permit for a new storefront space along Government Street, near Elsie’s Plate & Pie.