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Daily Report AM

See which vacant lots were just purchased by a hospitality company

Local developer Mike Wampold has sold a 2.5-acre vacant tract on Hilton Avenue across from the Marriott Hotel to a hospitality company, according to...

Is Joann closing? Fabric chain files for bankruptcy

Joann Inc, the owner of the Joann chain of sewing and fabric stores, is filing for Chapter 11 bankruptcy, the company announced Monday.  The move...

Lawmakers reject Liz Murrill’s request to double fund for consultants and private attorneys

The Louisiana Legislature decided against letting the state attorney general’s office keep more of the money it recovers from state legal settlements and uses...

Feds likely to preach patience as consumers and markets look for rate cuts

Many in the U.S. are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective homebuyers hope for lower...

Gov. Landry wants fast track for a new state constitution

If Louisiana lawmakers pass legislation to call a constitutional convention in the coming weeks, Republican Gov. Jeff Landry may ask voters to ratify the...

Roundup: Homebuilder sentiment / Austin housing blues / Louisiana schools audit

Thinking positively: U.S. homebuilders are feeling more confident about their businesses than they have since last summer, as they see better demand despite stubbornly...

What does the Realtors group settlement mean for the housing market?

The National Association of Realtors has agreed to a deal that will eliminate standard sales commissions on homes.  The organization, which sets the guidelines for...

Public sector unions are now a target of Louisiana legislators

Republicans in the Louisiana Legislature have filed a batch of bills for the spring session that would substantially weaken unions representing public employees in...

BROC merges with Lafayette-based clinic

Baton Rouge Orthopaedic Clinic and Lafayette-based Louisiana Orthopaedic Specialists have  announced they are combining to form an orthopedic group practice called Gulf South Orthopedic...

Whitney Johnson: Is your gut instinct keeping you from your next dream?

When I was in college, I went to an information session at the law school. This moment sticks in my mind because I unexpectedly...

How to know if it’s time for a new sales compensation strategy

Although the business environment is completely different than it was 20 years ago, the way most B2B companies structure sales quotas and compensation has...

Roundup: Combustion engines / McDonald’s / Nissan and Honda 

Still available: Combustion engine vehicles will continue to be available for sale in Louisiana, pending two bills in the House of Representatives. One bill...

Roundup: Termites / CATS / Pecan Grove

In swarms: Baton Rouge has been named among Orkin’s Top 50 Termite Cities list, ranking treatment data from the cities where Orkin Pros performed...

Why the usual workarounds for high borrowing rates isn’t working

Homebuyers nationwide are going to have to settle for a 7% mortgage, The Wall Street Journal reports. The cost of a home loan has soared...

New LSU arena plans approved by Metro Council

At its meeting Wednesday, the Metro Council approved an ordinance in support of LSU’s proposed $300 million on-campus arena by a vote of 10-1-1. The...

These lots off Tiger Bend Road just sold for $4.8M

Alvarez Construction has purchased 55 lots for the new Garden Hill Subdivision. In a deal filed Wednesday afternoon with the East Baton Rouge Parish Clerk...

Senate committee OKs ban on AI images in political campaigns

The Louisiana Senate Committee on Senate and Governmental Affairs on Wednesday approved a handful of election-related bills on Wednesday, The Center Square reports, including...

Amid inflation pressures, wholesale prices continue to rise

U.S. wholesale prices accelerated again in February, the latest sign that inflation pressures in the economy remain elevated and might not cool in the...

This measure would ban NDAs for workplace misconduct in Louisiana

Louisiana legislators could bar employers soon from using non-disclosure agreements (NDAs) to hide sexual misconduct and other inappropriate behavior in the workplace, Louisiana Illuminator...

Biden budget proposes new direct SBA lending program

President Joe Biden released a $7.3 trillion budget proposal this week that could potentially provide a new pathway to capital for small businesses, Inc....