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Occidental ends an era of big deals with $9.7B divestiture of its chemical unit
Occidental Petroleum has wrapped up its asset-sale program with a $9.7 billion divestiture of its chemical unit to Berkshire Hathaway, Bloomberg reports.
CEO Vicki Hollub...
The auto industry is flashing a warning sign in regard to the US economy
The auto sector is sending troubling signals about the U.S. economy, The Wall Street Journal writes.
CarMax reported plunging quarterly sales and profits, sending its...
How scary is the 13th Gate? Check out these haunted house rankings
Baton Rouge-based 13th Gate has been named one of the top haunted houses in North America by HauntWorld.
The local haunted house is one of...
Roundup: Government shutdown / University funding / Rental registries
Reports halted: The government shutdown has halted key economic reports, including jobs and unemployment claims data, creating uncertainty for policymakers and investors. Short delays...
LSU could see its next leader named by Halloween
The committee tasked with choosing the next LSU president aims to name its top choice by the end of the month, Louisiana Illuminator writes.
Christel...
State acquires building in United Plaza Office Park
The state of Louisiana has purchased the three-story United Plaza XII office building on Archives Avenue near Essen Lane.
The property was acquired through the...
Rolfe McCollister: Attracting young talent is essential for Baton Rouge
In his latest Business Report column, Rolfe McCollister discusses attracting and retaining young talent as a key to Capital Region growth, highlighting the magnet...
Roundup: Peloton / Zillow and Redfin sued / Job losses
Planning a comeback: Peloton is relaunching its product assortment, introducing a commercial equipment line and raising prices for both subscriptions and hardware as the...
Why seven students were arrested at the LSU presidential search meeting
Seven LSU students were arrested during a presidential search committee meeting Wednesday after exceeding their allotted time for public comment, Louisiana Illuminator writes.
Gabriella Juarez,...
Sides close to finalizing deal involving LNG supply at Lake Charles terminal
Energy Transfer LP is nearing an agreement to sell liquefied natural gas from its planned Lake Charles export terminal to MidOcean Energy, Bloomberg writes.
The...
EVs saw a surge in sales ahead of deadline to receive federal tax credit
Electric vehicle sales surged last quarter as buyers rushed to claim the $7,500 federal EV tax credit before its Sept. 30 expiration, pushing battery-electric...
Warren Buffett’s next big bet? Occidental’s petrochemical business
Warren Buffett’s Berkshire Hathaway is reportedly in advanced talks to acquire Occidental Petroleum’s Dallas-based petrochemical business, OxyChem, for about $10 billion, The Wall Street...
Carbon capture projects position Louisiana for billions in federal tax credits
Louisiana’s industrial sector could reap more than $3.5 billion in federal tax credits through carbon capture and sequestration projects, The Center Square reports.
According to...
Roundup: Paper checks / Contaminated water / Government shutdown
End of an era: The U.S. government began phasing out paper checks Tuesday, shifting benefits like Social Security, SSI and tax refunds to electronic...
Health Tip of the Week, sponsored by Baton Rouge General: Should everyone be microdosing...
Microdosing GLP-1s (using small amounts to reap the same or similar benefits) has gained popularity, and some online conversations suggest it could be beneficial...
Office property near South Sherwood Forest sells for $2.6M
The Progressive Insurance claims office property on American Way, near South Sherwood Forest Boulevard, has been sold.
Florida-based CenRock American LLC purchased the property from...
Roundup: Business counseling / US job openings / Zillow
Local help: The Downtown Development District and the Small Business Development Center at LSU will offer no-cost, one-on-one consulting services for existing and prospective...
ExxonMobil to cut 2,000 jobs in global restructuring push
ExxonMobil will eliminate 2,000 jobs worldwide, or about 3% of its workforce, in its latest move to streamline operations and reduce costs as oil...
How the carbon credit market is staging a quiet comeback
Once derided as a symbol of corporate greenwashing, the carbon credit market is showing signs of revival, Bloomberg writes.
MSCI data shows companies used more...
Why US sales of new vehicles are exceeding expectations
U.S. new car sales are outperforming expectations despite economic uncertainty, boosted by consumer fears of higher prices from tariffs and the phaseout of federal...
