An investment firm just paid $3.5M for this property off Bluebonnet near I-10

A Minnesota-based investment firm purchased property off Bluebonnet Boulevard near Interstate 10 for $3.5 million, according to a deal filed Friday with the East...

Bottom may be nearing for commercial property foreclosures

Banks and other lenders are seizing control of distressed commercial properties at the highest rate in nearly a decade, a sign that the sector’s...

Roundup: Bayou oil spill / Flowers Baking Company / LSU baseball

Precautions: More than 100 workers spent Sunday continuing the cleanup of a crude oil spill in Bayou Lafourche near Raceland, hoping to protect the...

How fast and how far will the Fed ultimately cut rates?

Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal...

Baton Rouge software company Kologik acquired after filing for bankruptcy

Kologik, a Baton Rouge-based software company born out of the ashes of the once-prominent tech firm Thinkstream, has been acquired by Tennessee-based Greater Sum...

What the latest numbers from the Fed’s preferred inflation gauge indicate

The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the...

Roundup: BASF earnings / School system update / Sick-out scrapped

Flat: BASF backed its full-year outlook despite posting flat second-quarter earnings after cost-saving measures offset a decline in sales due to lower prices across...

Louisiana is among the states asking SCOTUS to halt this new EPA rule

Attorneys general in 25 states, including Louisiana’s Liz Murrill, have sent an emergency appeal to the U.S. Supreme Court asking it to immediately halt...

Employees pushing back against return-to-office policies

Return-to-office mandates gained steam over the past few years, but that push has slowed, Inc. reports. In the first half of 2024, return-to-office policy announcements...

Gaming and Leisure Properties reports record Q2 results

Gaming and Leisure Properties Inc., a Pennsylvania-based real estate investment trust that owns the property of all three of Baton Rouge’s casinos, reported record...

GDP report for the second quarter surprises economists. See why

Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to initial estimates released Thursday from the Commerce Department. Real...

Louisiana lawmakers scrap plan for a constitutional convention this summer

Despite a last-minute push from Gov. Jeff Landry’s revenue secretary, Louisiana lawmakers will not return to the Capitol this summer to address tax and...

Roundup: New superintendent / Southwest Airlines / At-risk youth 

LaMont Cole: After a tumultuous selection process, the East Baton Rouge School Board has finally chosen its new leader: Metro Council member LaMont Cole....

Recovery center purchases former Cenikor facility for $15M

Avenues Recovery Center purchased the former Cenikor drug rehab facility on Bunker Hill Drive on Wednesday for $15 million, according to records filed with...

Ingram Barge Co. is being sued over a maritime incident in Plaquemine

Three insurance firms—Ascot Insurance Co., Endurance American Insurance Co. and Zurich American Insurance Co.—have filed a lawsuit against Ingram Barge Co. over a maritime...

The EBR School Board now has 11 superintendent candidates to consider

After failing to select a new leader of the East Baton Rouge Parish School System last week, the school board will interview 10 candidates...

Ochsner launches the Louisiana Innovation Fund to help health care entrepreneurs

Ochsner Ventures announced on Wednesday the creation of the Ochsner Louisiana Innovation Fund, a $10 million fund for investments in early-stage, innovative health and...

Roundup: Abuse of the disabled / Gaming revenues / Grosse Tete ferry

Disagreement over fines: Fines might not deter abuse at Louisiana facilities caring for the disabled, according to an audit released this week. But in...

These two homebuilders just purchased dozens of lots in separate developments

A pair of homebuilders recently purchased a combined 67 lots in separate residential developments, according to documents filed with the East Baton Rouge Parish...

The hottest job market in a generation has ended

Americans’ once-in-a-generation job market has come to an end, The Wall Street Journal reports.  The hot hiring and low unemployment that helped millions of workers...