Business News

According to a breakdown by ZIP code, the majority of National Flood Insurance Program policyholders in East Baton Rouge Parish, more than 50%, will see their rates decrease, probably by just a few dollars per month.

Soaring home prices have pushed up average homeowner equity growth to the highest level in more than a decade, though recent signs of a cooling U.S. housing market point to more moderate gains in the second half of the year.

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. 

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 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. 

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.

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 did not have enough money to pay all of its bills in fiscal...

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.

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.