Business News

Shorter workweek proves win-win for companies, employees in study 

The coronavirus pandemic has caused businesses around the world to question how work gets done, but even before COVID-19 struck, researchers in Iceland were already conducting trials of a shorter workweek that involved about 2,500 workers. 

In era of student debt, MBAs can still pay off

Many students who borrow money to enroll in graduate school get caught in student debt, but getting an MBA seems to pay off for most graduates.

I-10 lights coming back on, but many still broken

Since complaints started mounting earlier this month about the number of burned out lights along Interstate 10 through the heart of Baton Rouge, roughly 30 of the 60 or so lights are back on, according to city-parish officials.

ITEP request for $121M Donaldsonville project goes before state board

The Louisiana Board of Commerce and Industry will consider today an Industrial Tax Exemption Program application for a $121 million “green” ammonia plant in Donaldsonville. 

Nearly half of working women say pandemic has negatively impacted their careers 

Almost half of women in the workforce say the pandemic has negatively impacted their career path and nearly 20% of women say they’ve been pushed out of the labor force altogether, according to a MetLife survey of 2,000 U.S. workers conducted last month. 

Edwards ends mask mandate except for some schools

Gov. John Bel Edwards said today he’s largely ending Louisiana’s nearly 3-month-old indoor mask mandate because the state has emerged from its latest coronavirus spike and is seeing lower rates of COVID-19 infection.
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Louisiana to get $595M federal disaster aid for Hurricanes Laura, Delta

Louisiana will receive $595 million in federal disaster block grant aid to help with housing restoration and other recovery needs from last year's back-to-back blows of Hurricanes Laura and Delta, the state's two U.S. senators announced today.

Louisiana ranks as 34th most entrepreneurial state

When it comes to entrepreneurship, Louisiana ranks 34th, according to a report released today by Heartland Forward.

Mountain Express Oil Co. acquires majority stake in Brothers Food Mart

Georgia-based Mountain Express Oil Co. acquired a majority stake in New Orleans-based Brothers Food Mart and purchased a majority of the Brothers convenience stores, five of which are in the Baton Rouge area, in a deal that closed Friday.

Congress weighs reinstating “superfund tax” on chemical, oil industries

Congress is considering reviving taxes on the chemical and petroleum industries to pay for cleanup of polluted sites.