Business News

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

Rio Tacos temporarily closed for renovations, rebranding

Rio Tacos & Tequila in downtown Baton Rouge is closed to the public during renovations, the restaurant announced.

Mary Bird Perkins expands clinic research, adds genetic services

With research and genetics fueling the future of cancer care, Mary Bird Perkins Cancer...

When Louisiana might again see a tax-free weekend on back-to-school items

With kids heading back to school in the coming weeks, parents and teachers are...

Insurers paid $9.8B to Louisiana victims of Hurricane Ida, with $3.3B still to be paid

Insurers paid $9.8 billion to Louisiana victims of Hurricane Ida in the last 10...

Bernhard Capital Partners’ quest to privatize utilities stirs controversy

BCP wanted to pay the city well over $200 million, and assume another $200 million or so of LUS debt, in exchange for keeping most of the revenue the system would generate for at least two decades.

Basketball training center opening this fall on Airline

Optimal Basketball LLC, a new basketball training center, will open this fall on Airline...
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Pondering $10M campaign, Capital Area United Way surveys donors

Capital Area United Way is asking donors for feedback about a potential $10 million fundraising campaign.

‘We are in the business of being essential’

Bernhard Capital Partners, ranking among the 300 largest private equity funds in the world, has its sights set on utility privatization but finding government partners is proving challenging—and controversial.

Credit card debt surges as inflation spurs uptick in borrowing 

Credit card debt soared in the U.S. from April through June as Americans borrowed...

Louisiana will get additional $134M in federal funding for road projects 

Louisiana is set to receive an additional $134 million in federal funding for infrastructure...
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