Business News

Perkins office building, future Wendy’s location sell in separate transactions

Perkins office: An 8,385-square-foot office on Perkins Road has sold for $2.1 million, according...

Demand for LNG, offshore equipment sparks record orders for Baker Hughes  

Houston-based Baker Hughes Co. generated record orders in the fourth quarter of 2022, driven...

Fed expected to hike interest rates one more time 

The Federal Reserve is expected to hike interest rates by a quarter of a...

GOP-led House committee targets pandemic relief dollars for review 

More than 1,000 people have pleaded guilty or have been convicted on federal charges of defrauding the myriad COVID-19 relief programs that Congress established in the early days of the pandemic.

Baton Rouge homeowner vacancy rate sees steep drop in fourth quarter of 2022

Homeowner vacancy rates in the Baton Rouge metropolitan statistical area dropped steeply from the third quarter to the fourth in 2022, according to the latest U.S. census data.

Bernhard Capital exec expects ‘pockets of stress’ but bullish on state’s economy

Though a mild recession this year is still a common prediction among experts, Jeffrey Koonce with Baton Rouge-based Bernhard Capital Partners says he’s “bullish” on the long-term prospects for Louisiana’s economy. 
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Baton Rouge-area unemployment lower than statewide average

The Baton Rouge metropolitan statistical area’s unemployment rate for December was 3%, among the lowest rates in the state, according to data released today by

Get to know Jonas Fontenot, Mary Bird Perkins’ new CEO 

When Jonas Fontenot was hired by Mary Bird Perkins Cancer Center in 2008, he didn’t envision a career trajectory that would one day land him in the health care institution’s top spot. 

House committee advances bill aimed at easing state’s insurance crisis 

The House Appropriations Committee advanced a bill today to pour $45 million from state surplus funds into the Insure Louisiana Fund after pleas from Republican Insurance Commissioner Jim Donelon, State Rep. Timothy Kerner, R-Lafitte, and industry advocates. 

Several Louisiana college athletic programs operating in the red

Athletic departments at several of Louisiana’s public universities are operating at a loss, according to recent reports from the Louisiana Legislative Auditor’s office.