Business News

Home price growth outpacing wages in Capital Region

The average wage earner in the Capital Region’s three biggest housing markets still can qualify to buy a house, though that may change as prices continue to rise faster than wages, a new national report suggests. 

New rendering shows bridge connecting largest two LSU lakes

A new rendering of the University Lakes project depicts a planned bridge that will replace May Street and connect the two largest lakes. 

Rising prices and rates deliver blow to Baton Rouge housing affordability

For the first time in more than 40 years, home prices and mortgage rates are rising at the same time. A low supply of homes coupled with measures by the Federal Reserve to stem inflation are driving both home prices and mortgage rates up, respectively.

People to watch in the Baton Rouge health care industry

The latest edition of Business Report features 20 Capital Region health care leaders who...

Power outages from severe weather becoming more frequent 

Power outages from severe weather across the U.S. have doubled over the past two decades, as a warming climate stirs more destructive storms that cripple broad segments of the nation’s aging electrical grid, according to an Associated Press analysis of government data.

Kolache Kitchen expanding out of state with Key West location 

Baton Rouge-based Kolache Kitchen on Tuesday announced it is opening its first out-of-state location, in Key West, Florida, this month. 
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Capital Region adds more than 2,300 businesses over two years

Economic uncertainty related to the pandemic and its fallout over the past two years didn’t stop entrepreneurs from launching new businesses in the Capital Region. 

Entergy plan calls for customers to pay backup generator costs for businesses

Entergy has proposed a new project to give backup generators to grocery stores and other commercial customers across the state to form microgrids that can be used during outages and peak demand times, but Entergy wants the rest of its customers to pay for them.

Occidental, Weyerhaeuser considering Louisiana for carbon capture hub

Occidental Petroleum’s Oxy Low Carbon Ventures subsidiary and Weyerhaeuser are evaluating a potential carbon...

Caller ID outing workers still on their parents’ phone plan 

Millions of workers have quit old jobs for new ones in the past year, and caller ID is outing young professionals—and some not-so-young professionals—for being on their parents’ family mobile phone plans.Â