GET DAILY REPORT FREE
What the luxury goods industry expects this year
The luxury sector is facing slowing sales this year as its growth-driving engines have stalled, especially in China, The Wall Street Journal reports.
That’s according...
Roundup: Chinese exports growing / Student truancy / Retail results
Faster than expected: China’s exports last month grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs...
Genesis 360 is expanding with a civil construction firm acquisition
Baton Rouge-based Genesis 360 is expanding its service portfolio after acquiring a heavy civil construction firm.
The company announced its acquisition of Lafayette-based MEAD Heavy...
The Supreme Court won’t hear an appeal for climate change lawsuits
The nation’s highest court said Monday it won’t hear an appeal from oil and gas companies trying to block lawsuits seeking to hold the...
How the East Baton Rouge Parish commercial real estate market fared in 2024
It wasn’t exactly a banner year for the East Baton Rouge Parish commercial real estate market. The parish ended 2024 on a lower note...
This Baton Rouge contractor is expanding in Ascension Parish
Global contractor MMR Group is building a new office in Ascension Parish and adding to its main campus on Airline Highway.
The 20,000-square-foot office will...
What effective CEOs do after the first 90 days
While the first 90 days in office may focus on identifying strategic issues and delivering a few quick wins for the company, the period...
Long-term mortgage rates continue an upward climb
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
The benchmark 30-year fixed rate loan rate...
Roundup: Local CEO honored / Consumer expectations / Homeless encampments
Top 50: Jude Melville, CEO of Baton Rouge-based b1Bank, has been named among the top 50 Financial Technology CEOs of 2024. The Financial Technology...
See the latest rise in unemployment filings in Louisiana
Initial unemployment claims filings are picking up again in Louisiana after dropping some 30% at the very end of last year.
Initial claims spiked 20%...
This Dallas franchise is opening its first Louisiana location in Baton Rouge
Dallas franchise 1to1 Plans, which offers high-tech walkable floor plans, is opening its first Louisiana location in Baton Rouge.
Local franchise owners Chandler Accardo and...
Roundup: California insurance crisis / Hedge funds / Tiger Woods
Mounting: California already faced an insurance crisis before the Los Angeles firestorm began. Now, a preliminary estimate from Morningstar DBRS points to insured losses...
Delaying of rate cuts is putting more pressure on small banks
Larger banks have mostly fared better than smaller ones since last year’s banking crisis that led to the shuttering of three institutions, CNBC reports.
That...
Florida Boulevard tract changes hands for $1M
A parcel containing 11 businesses at the intersection of Florida Boulevard and North Little John Drive recently changed hands.
Builders Center Real Estate Co LLC...
What American Airlines is doing to lure back business travelers
American Airlines is trying to win back American corporations after missing out on some $1.5 billion in revenue last year in a failed bid...
A look at the growing infrastructure portfolio of Bernhard Capital Partners
Bernhard Capital Partners is building something big.
As Business Report writes in its latest issue, the Baton Rouge private equity firm has in recent years...
Roundup: DDD newsletter / Entergy’s storm fee / Interest rates
For your inbox: Baton Rouge’s Downtown Development District launched its redesigned newsletter, The Drift, on Wednesday. To be published weekly, the newsletter is designed...
Why Mitsubishi Chemical is pulling the plug on its $1.3B Geismar plant
Mitsubishi Chemical Corp. is pulling out of its plans to build a $1.3 billion methyl methacrylate, or MMA, monomer plant in Geismar, the company...
Here are the key issues Mayor Sid Edwards plans to prioritize
Mayor-President Sid Edwards says his administration is exploring various strategies to increase police presence in Baton Rouge, including the potential rehiring of retired officers.
Edwards...
Louisiana’s $10B Meta AI data center named 2024 Deal of the Year
The $10 billion Meta artificial intelligence data center under construction in Richland Parish was named the Platinum 2024 Deal of the Year by Business...
