Business News

Construction begins on first of three apartment complexes by same developer

Construction is underway for the Waters at Millerville, a 295-unit apartment community being built on the last 13-acres of Windy Gladney’s Millerville development. 

Salary range, political concerns delay search for new EBR library director

The search for the East Baton Rouge Parish Library system’s next leader is on pause, which the assistant director attributes to an uncompetitive salary structure and political controversy. 

Mississippi wants restrictions on spillway openings, but corps fighting back 

A federal judge's ruling that the U.S. Army Corps of Engineers must consult with federal fisheries experts before opening the Bonnet Carre spillway

In a slowing economy, companies beginning to see remote work as a liability 

Companies trying to run leaner and more efficiently are deploying familiar strategies from past downturns, and some are now taking new aim at their employees’ work-from-home arrangements, The Wall Street Journal reports. 

What small business leaders need to know about the current, wacky job market 

Despite the news this week that Amazon is laying off thousands of workers, the...

Placid Refining moving headquarters from Dallas to Baton Rouge, investing $66M

Placid Refining will move its headquarters from Dallas to Baton Rouge and modernize its existing local facility in Port Allen, investing $66 million in the process, officials announced today. 
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Baton Rouge leads peer metros in year-over-year job growth

The Baton Rouge metro led its peer metros in year-over-year percentage job growth in January, according to the latest economic indicator report from the Baton Rouge Area Chamber. 

Baton Rouge riverboat casino revenue rebounds in February

Baton Rouge's three riverboat casinos saw a collective 3.8% revenue increase during February, according...

See how companies are switching their accounting to combat inflation 

One lever finance executives have to combat the impact of inflation on earnings is to make an accounting policy change: moving to “first-in, first-out” accounting, or FIFO.

Louisiana has one of the lowest rates of remote workers 

About 21,000 businesses in Louisiana continued to use telework or remote work in some capacity during the summer of 2022.