Blue Cross sale would not result in layoffs, CEO says

Blue Cross and Blue Shield of Louisiana’s pending sale to Elevance Health, if approved, will not lead to layoffs or office closures, says Dr. Steven Udvarhelyi, the local company’s president and CEO. 

Roundup: Bank rescue / Parade Lyfts / Mortgage rates 

Wall Street aid: A group of Wall Street banks is planning a rescue package of at least $20 billion for First Republic Bank. The...

Check out the big winners from this year’s Baton Rouge Addy awards

Creative agency ThreeSixtyEight was named Overall Best in Show at the annual American Advertising Awards, held recently at L’Auberge Casino Hotel. 

REV’s Josh Descant shares how to rebrand without losing your reputation 

REV CEO Josh Descant sat down with Business Report’s Associate Publisher JR Ball for the Strictly Business webcast to share the inside details of the company's 2022 rebranding campaign.

Eye doctors’ group mooched off state optometry board for seven years, audit finds

A state audit released Wednesday details how the Louisiana State Board of Optometry Examiners allowed a private optometrist organization to use public resources for...

Does the new EBR slumlord ordinance go too far?  

An ordinance meant to crack down on slumlords passed by the Metro Council late last fall is having unintended consequences, WAFB-TV reports. 

LED and Techstars partner to create business accelerator for Louisiana startups 

Entrepreneurs across the state will have the opportunity to apply for venture capital funding and business development resources as part of a new startup accelerator program funded by Techstars and Louisiana Economic Development,

Next governor must ‘have a record of doing more than just talking,’ Garret Graves...

Graves did not discuss any candidate by name while speaking today to the Rotary Club of Baton Rouge, but he urged his listeners to consider the contenders carefully and not vote based on name recognition or a good speech. 

Baton Rouge publicly traded bank stocks slip amid larger market fears

Stocks of Baton Rouge-based banks tumbled Wednesday morning as the spotlight intensified on the banking industry amid new fears after shares of Swiss bank Credit Suisse crashed more than 20%

Amedisys names new president and CEO

Amedisys Inc. has chosen Richard Ashworth as its new president and CEO, effective April 10.

Roundup: Museum mergers / DirecTV suing / Homebuilder confidence  

Who manages what? Lt. Gov. Billy Nungesser wants to place all of Louisiana’s state-run museums under the same umbrella and create regional entities to...

State launches online resource portal for Louisiana small business owners 

The state is launching a digital platform today for entrepreneurs and small business owners called Louisiana Business Hub.  The site, managed by Louisiana Economic Development,...

Job applicants are using AI to tailor their applications, and managers are noticing 

Since its launch in November, ChatGPT has been a hot topic at dinner tables and water coolers. Microsoft, Google, Snap and other companies have...

With hearing in St. George appeal over, it’s back to waiting for litigants

Following this morning’s hearing, both sides in the fight over whether the incorporation of St. George in East Baton Rouge Parish should be allowed to go forward will await the appeals court’s decision. 
tort reform

Jim Donelon won’t seek reelection; nine insurers apply for incentive program 

Longtime Louisiana Insurance Commissioner Jim Donelon, who was tasked with finding solutions to lower property insurance costs that have been plaguing the state, announced today that he will not seek reelection in October.

Roundup: Moody’s banking outlook / EPA proposal / Facebook layoffs 

ICYMI: In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable....

Whitney Johnson: How to keep growing, even when resources are limited 

Some businesses think the answer to the current economic uncertainty is to just press pause. They want a clearer picture of what the future holds before making any major moves or investments. 

Planning staff recommending denial of commercial rezoning near Zachary

Planning Department staff are recommending that the East Baton Rouge Parish Planning and Zoning Commission at its meeting next week deny two proposals regarding some 88 acres off Old Scenic Highway near Zachary. 

GLO Resources moving its headquarters after buying building on Perkins

GLO Resources LLC has purchased a three-story building on the corner of Perkins Road and Quail Oak Drive for $2 million, according to documents with the East Baton Rouge Parish Clerk of Court's office.

Avondale scores offshore wind energy hub

In an effort to advance offshore wind energy technology and create a skilled workforce in Louisiana, a new research, training and technology demonstration program is being established at Avondale.