Business News

10 top commercial deals of 2022 in Baton Rouge

As is typically the case, the top 10 commercial deals of the year were filled with apartment complex transactions.

Legislature sitting on $106M in reserve funding

The Louisiana Legislature ended its last budget cycle June 30 with $106.5 million worth of reserve funding. 

Majority of small business owners give federal programs a grade of ‘C’ or lower

Seventy percent of small business owners in a recent survey gave the federal government...

Why Grey Hammett III is splitting with Latter & Blum to launch own office

Local commercial real estate agent Grey Hammett III is splitting from Latter & Blum to launch Hammett Group Commercial Real Estate & Development. 

Only 40% of recommendations implemented after audits of nine state agencies 

A new audit examining dozens of recommended changes for nine state agencies found only about 40% have been fully implemented more than two years later. 

How local bakers are dealing with costlier ingredients during king cake season

Inflation on ingredients like eggs, butter and flour is hitting Baton Rouge bakers hard, and in some cases it’s resulting in the removal of menu items or price hikes in the middle of king cake season. 
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BRAC’s new consulting firm will work with clients beyond Capital Region

The Baton Rouge Area Chamber today launched Riverbend Research, a stand-alone analysis and consulting firm conducting research for clients beyond the Capital Region. 

Mayor Broome looks to create new executive position

East Baton Rouge Parish Mayor Sharon Weston Broome will ask the Metro Council to appropriate $178,320 to hire an additional assistant chief administrative officer. 

Louisiana again has highest combined state and local sales tax rate

Louisiana's combined state and local tax rate of 9.55% ranks the highest in the country for the second consecutive year, reports the Tax Foundation.

Alford: Republicans reach for more legislative control

As state lawmakers approach their final regular session of the term, outside players like donors, consultants and even other elected officials are plotting paths to gain more Republican seats in the House and Senate during the fall elections.