Business News

Judge rejects legislators’ request for more time to redraw congressional maps

A request by Louisiana legislative leaders to extend the deadline for completing a new congressional map—that must include a second majority-Black district—was rejected by a federal judge today.

Developer seeks rezoning for hotel in Citiplace near Bocage Lake

A developer is seeking to put a 93-room TownePlace Suites by Marriott hotel near the intersection of Corporate Boulevard and Bocage Lake Drive. 

Baton Rouge riverboat casino revenue drops in May 

Baton Rouge’s three casinos posted a drop just shy of $1 million in May, marking the second month of collective loss for the riverboats. 

Seven ways to financially prepare for a recession 

Inflation is at a 40-year high. Interest rates are rising. The stock market is...

Mortgage rates see largest jump in 35 years 

Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve

First Look: Tap 65, Mid City’s new Instagrammable spot

Tap 65 owner Rick Patel wanted the design of his new restaurant to be “as Instagrammable as possible”—a goal successfully met by the new Mid City spot’s interactive décor.
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Louisiana House taking the day off during five-day redistricting session 

The speaker of the Louisiana House of Representatives is giving members the day off today despite complaints he will take to a federal judge

Biden administration proposes barring businesses, high-risk properties from flood insurance program

Businesses would not be able to buy new policies from the taxpayer-backed National Flood Insurance Program under a set of Biden administration proposals. 

Higher US exports of gasoline, diesel draining already-low inventories

A rapid rise in American fuel exports this year has had a hand in...

Real Estate Report: Warehouse space sorely needed in Baton Rouge 

So it’s no surprise that as natural gas prices have remained stable over the past several years, industrial-space landlords have done really well.