Business News

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

State constitutional amendment would give governments more time to roll millages forward

Amendment 5 on November’s ballot would give local taxing authorities more time to decide if they want to “roll forward” millages that dictate property taxes for businesses and homeowners. 

Why companies continue to hire even as growth shrinks

A persistent economic puzzle is why labor is still so tight amid slowing growth, high inflation and growing fears of recession, The Wall Street Journal reports. 

Ways to tell if a recession has begun 

The economy shrank in the first half of this year, the government confirmed in...

Will Louisiana’s Senate candidates debate? 

Will Louisiana voters have a chance to see the frontrunners in the state's Nov. 8 U.S. Senate election on a debate stage this fall?

Ax-throwing bar/restaurant considering West Lee site for next location

Skål Axe Throwing is eying a former Dollar Tree on West Lee Drive for a possible third location. 

Swagelock purchases Interline Avenue facility for $3.75M 

Swagelock, a distributor and fabricator of industrial fluid system products, has purchased the facility on Interline Avenue where it operates for $3.75 million
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Treasury moves forward with database on corporate ownership

Tens of millions of small U.S. companies will soon be required to provide the...

National economy shrank at 0.6% annual rate during second quarter

Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through June

$6.9M federal grant will help alleviate Baton Rouge teacher shortage 

California-nonprofit Reach University, in partnership with the Louisiana Resource Center for Educators and New Schools for Baton Rouge,

US initial jobless claims fall as hiring remains strong

The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high inflation and a weaker economy.
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