Business News

BC&I chair pledges to keep open mind regarding noncompliant ITEP companies

The chairman of the state board that handles manufacturers’ requests for local property tax exemptions says the circumstances of each company that fails to live up to its job-creation commitments should be judged individually. 

Raising Cane’s sending corporate employees to staff restaurants 

Baton Rouge-based Raising Cane’s Chicken Fingers is sending about half of its corporate staff to work in its restaurants amid a severe shortage of hourly workers.

LED earns top award for second-stage business growth program 

Louisiana Economic Development this week won two awards at the International Economic Development Council’s annual conference in Nashville, taking home a gold award for its efforts to support entrepreneurship and a silver medal for talent development and retention, according to an LED announcement. 

LABI gives five Baton Rouge-area lawmakers perfect marks on business scorecard

The Louisiana Association of Business and Industry today released its 2021 Legislative Scorecard, highlighting lawmakers who supported pro-business legislation during this year’s regular session.

Premier Health planning $1.5M headquarters expansion 

Premier Health Consultants CEO Steve Sellars on Tuesday announced that the company will expand its Baton Rouge headquarters, making a $1.5 million capital investment in its facilities to support the more than 85 urgent care clinics it operates. 

What’s driving the cancer care wars in Baton Rouge?

Monday’s announcement by Our Lady of the Lake Regional Medical Center that it is developing a new $100 million cancer institute raises a lot of questions about the future of the cancer care market in Baton Rouge.
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Two Baton Rouge LLCs buy warehouse on Choctaw Drive

Two Baton Rouge LLCs jointly purchased a warehouse at 6191 Choctaw Drive for $2.5 million on Friday.

Changes to federal flood insurance may open door for private-sector insurers 

Changes to the National Flood Insurance Program could encourage more private-sector insurance companies to offer flood policies in Louisiana, state Commissioner of Insurance Jim Donelon says. 

Worker shortage for LSU games affecting postgame traffic, concessions  

Getting to Tiger Stadium and the areas surrounding it ready for game day is a monumental task, but this year it's been compounded by employment shortages due to Hurricane Ida and COVID-19, WBRZ-TV reports.

Delaware company buys Oakbrook Apartments on Nicholson

A Delaware-based company bought the Oakbrook Apartments on Nicholson Drive for $34.7 million on...