Business News

Cautious lawmakers put $1.48B in tax credit proposals in holding pattern

A Louisiana House committee took no action Tuesday on a dozen tax credit proposals that would cost roughly $1.48 billion in state revenue.

Professional sports leagues form alliance to better control sports betting ads  

Most of the nation's major professional sports leagues, along with media companies Fox and NBCUniversal, are creating an alliance to ensure that sports betting advertising is done responsibly and does not target minors.

What’s keeping work from beginning on the University Lakes project?

Partners on the University Lakes project are waiting on permits from the Army Corps of Engineers to start construction. 

Elifin expands into Midwest with office in Columbus, Ohio

Baton Rouge-based commercial real estate firm Elifin Realty has expanded to Columbus, Ohio. 

See how much Baton Rouge’s riverboat casinos raked in during March

Baton Rouge’s three riverboat casinos collected a combined 16% more in revenue during March than in February, according to the latest numbers from the Louisiana Gaming Control Board.

Iconic Spanish Town store primed for another rebirth

Known for most of its history as Capitol Grocery, Baton Rouge’s oldest store—located in its oldest neighborhood—first opened in 1914. 
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Virginia-based ship agency T. Parker Host moving its headquarters to Avondale 

Ship agency, stevedoring and terminal operations company T. Parker Host is relocating its headquarters from Norfolk, Virginia, to south Louisiana, according to Biz New Orleans.

Jeff Landry continues to dwarf his gubernatorial opponents in funding

As the 2023 governor's election nears, the campaign war chest of Republican Attorney General Jeff Landry has far surpassed the cash on hand of the state's five other prominent gubernatorial candidates—combined.

Alford: Expectations remain low for tax legislation

The Louisiana Legislature is in the second week of its fiscal session. This kind of session occurs every other year and allows lawmakers to introduce and debate tax-related topics.

Audit finds financial, mismanagement issues at Louisiana Department of Health

A recent audit of the Louisiana Department of Health uncovered a dozen financial and management issues, many involving problems that have plagued the agency for years.