Business News

Louisiana’s TV and movie sector could idle if film workers union strikes

The union members who work behind the scenes in film and television will vote this weekend on whether to authorize an unprecedented strike that could shut down most of the industry nationwide. 

SBA waiving fees on certain loans through September 2022

The stimulus funds providing fee relief for certain Small Business Administration-backed loans just ran out at noon Wednesday, a day before the program was due to sunset. But there are still extra benefits available to small business borrowers, Inc. reports.

Global investment firm buys Homewood Suites on Corporate

Global investment firm Kohlberg Kravis Roberts and Company bought The Homewood Suites by Hilton at the corner of Corporate Boulevard and CitiPlace Court for $12.9 million on Wednesday. 

New FEMA flood insurance program lowers rates for much of south Baton Rouge

Existing policies under the National Flood Insurance Program will not see their rates change until April, but according to FEMA, an estimated 77% of all policyholders will see their rates increase.

Capital Region real estate market could feel ripple effects from flood insurance hikes

The new rates will be a big consideration for buyers and could have ripple effects on the tight housing markets, says Christi Adams, a real estate agent with RE/MAX. 

Louisiana’s debt obligations average out to nearly $19K per taxpayer 

Louisiana did not have enough money to pay all of its bills in fiscal...
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What’s at stake for Louisiana in today’s infrastructure bill vote 

A vote is scheduled today in the U.S. House on a $1.2 trillion infrastructure bill that would send $6 billion to Louisiana for roads and bridges during the first five years of its rollout.

Bernhard Capital Partners to acquire RailWorks Corp. 

Baton Rouge-based private equity firm Bernhard Capital Partners today announced it has agreed to acquire rail infrastructure solutions provider RailWorks Corp., from Wind Point Partners, a Chicago-based private equity firm. 

Who’s responsible for fixing the lights on I-10 and why aren’t they doing it?

The streetlights have been a problem for months that continues to get worse, yet City Hall and Entergy are at something of an impasse over how to fix them. Why? It’s complicated.

Louisiana industry so far not seeing benefit from oil price spike

The recent increase in the price of oil could lead to increases in production and jobs, but the change isn’t showing up in the data yet, the acting president for a state industry group says.Â