Business News

Breaking news, company moves, economic trends, and the deals shaping Greater Baton Rouge and the Capital Region.

OSHA to increase fines for violations beginning next week

Running afoul of OSHA will get more expensive for companies beginning next week. The agency...

Baton Rouge’s Oxbow distillery prepares to enter markets outside Louisiana

Baton Rouge-based Oxbow Rum Distillery, which is currently focused on Louisiana, is preparing to launch in several other states. 

Louisiana wage growth slowed during 2022

Wages in Louisiana grew more slowly in 2022 than they did in 2021, according...

Mergers and acquisitions expected to pick up after last year’s dramatic drop

Mergers and acquisitions slowed substantially in 2022 as companies faced a mix of financing...

How three Baton Rouge nonprofits are using donations made during pandemic 

In 2020, author, billionaire and philanthropist MacKenzie Scott—previously known best for being Jeff Bezos’...

Homeowners, businesses could pay more if lawmakers exempt inventory tax 

A Louisiana House panel mulling proposals for sweeping changes to the state’s tax structure...
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Small business optimism declines as inflation remains biggest concern  

The NFIB’a Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98. 

Oil prices expected to remain steady this year after spiking in 2022

Oil prices generally aren’t expected to change too much this year, but two questions loom over that outlook, The Wall Street Journal reports:

Capital Region foreclosure action more than doubled in 2022

More than twice as many Capital Region homeowners faced some sort of foreclosure action in 2022 compared to the previous year, a new report shows. 

State Sen. Sharon Hewitt enters governor’s race 

State Sen. Sharon Hewitt, R-Slidell, officially announced she is running for governor this morning, WBRZ-TV reports. 
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