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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.

Local grocers bracing for shortages of Thanksgiving Day staples

If you’re looking to buy your Thanksgiving turkey or favorite holiday side this season, you might want to act fast.
acquisition and mergers

Banks wary over proposal expanding IRS’ ability to monitor accounts

Congressional Democrats have agreed to raise their proposed tax reporting threshold for bank account inflows and outflows from $600 to $10,000 a year.

Dagostino Pasta’s new owners shift focus to wholesale, close retail store

In the two years since L.H. Hayward & Co. acquired Dagostino Pasta Company from its Baton Rouge owners, the New Orleans-based Hayward has shifted the focus of the company to wholesale distribution in an effort to broaden its reach to restaurants, grocery stores and e-commerce customers.

Here comes the sun

While solar energy projects are ramping up in Louisiana, attracting panel manufacturers is what will create large-scale jobs.

Bayou Braces and Dentistry opening in former YMCA location

Bayou Braces and Dentistry is opening a second Baton Rouge location, this one in the former YMCA space at 8482 Perkins Road, which the company paid $1.2 million for on Thursday.

Low turnout likely favors tax amendments’ passage

A very small slice of Louisiana’s electorate is likely to determine whether major changes to Louisiana’s tax system will be allowed to go forward, which probably helps the proponents, a professor and political analyst says. 

Baton Rouge’s Click Here Digital poised for growth with new investment

Click Here Digital’s partnership with two out-of-state investment firms could help the Baton Rouge-based digital marketing agency add 30-40 people over the next 12-18 months to the 100 it employs locally and acquire other firms, founder Bo White says.

Why banks still see brick-and-mortar locations as vital

Technology has not eliminated the need for brick-and-mortar banking but it is changing how physical locations fit into the business models of banks and credit unions, financial professionals say.

Amedisys expands home health care footprint in North Carolina

Amedisys, a Baton Rouge-based home health care and hospice care company, is planning to open more home health care centers in North Carolina.