Business News

ExxonMobil is restructuring its business into three divisions and moving its headquarters 250 miles south from Irving, Texas, to its campus north of Houston.

Louisiana had the steepest one-year construction employment decline in the U.S. in 2021 with a 15% contraction, Reuters reports.  

Baton Rouge General Medical Center is planning to establish “a couple” more facilities along the lines of its Ascension Neighborhood Hospital over the next few years, CEO Edgardo Tenreiro says. 

Rents in Baton Rouge have hit an all-time high, and as for when they will drop back down seems to be anyone’s guess as home prices also continue to climb.

Louisiana’s top GOP lawmaker today weighed taking legislative action against Gov. John Bel Edwards for “gross misconduct and the highest level of deceit” in his response to the deadly 2019 arrest of Ronald Greene.

A new law directing health insurance companies, agents and brokers to disclose their commissions has been in effect for more than a month, but the rules about how to comply still are not available. 

Louisiana Gov. John Bel Edwards faced a chorus of criticism and questions this morning following an Associated Press report showing he knew about the death of Ronald Greene

As John Davies retires from his position as executive director and CEO of the Baton Rouge Area Foundation, he’s mentioned that his main focus, as chair of the Wilbur Marvin Foundation, will be completing the buildout of the Water Campus research park. 

Americans are walking away from their jobs in record numbers, but the Great Resignation isn’t hitting every organization equally, Fast Company reports. 

As the Legislature gets ready to start a special session Tuesday on redistricting, one major focus is whether two of the state’s six congressional districts should be redrawn to give minority residents a better chance to elect two Black U.S. House members instead of one.