Business News

Former credit union branch site sells for $2M; VA to lease property

The former Neighbors Federal Credit Union branch on South Sherwood Forest Boulevard, which has...

LSU researchers participating in federally funded clean energy project

LSU’s chemical and petroleum engineering departments are working with the Greater New Orleans Development...

What companies need to know before laying off employees 

Traditionally, employers resort to layoffs during difficult times to save money. Companies continue to cling to the idea that reducing staff will provide the best, fastest, or easiest solution to financial problems. 

Mortgage rates fall for fourth straight week 

The average long-term U.S. mortgage rate fell for the fourth consecutive week and has dropped more than three-quarters of a point since hitting a 20-year high last month.

Mayor Broome adds $5M to proposed 2023 budget for stormwater drainage compliance 

Mayor Sharon Weston Broome today submitted a $5 million amendment to the proposed 2023 operating budget to augment needed funding for the city-parish’s stormwater drainage system to reach federal compliance. 

Baton Rouge housing sails into uncertain seas

The formerly red-hot housing market is in a correction, and it’s anybody’s guess if buyers or sellers will have the upper hand when the dust settles.
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Seniority no longer the primary driver in who gets laid off 

Millions of people switched to new jobs this year. Now, many wonder whether being...

East Baton Rouge Parish recorded highest GDP in state last year 

Real gross domestic product in East Baton Rouge Parish increased by 0.2% in 2021...

New ExxonMobil corporate plan stresses lower-emission initiatives 

ExxonMobil this morning unveiled a new corporate plan that includes increasing its stock buybacks...

US initial jobless claims edge slightly higher

Slightly more Americans filed for jobless claims last week but the labor market remains one of strongest parts of the U.S. economy.