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Fed attacks inflation with its largest rate hike since 1994
The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point
Almost half of Americans have lost trust in a nonprofit at one point
Forty-three percent of Americans say they have lost trust in a nonprofit at some point in time, with 83% of those saying that made them unwilling to support that group, according to a new survey.
Clean energy startup considering West Baton Rouge for $800M facility
Houston-based Arbor Renewable Gas LLC is evaluating West Baton Rouge Parish for a planned $800 million manufacturing and distribution facility
EBR commercial real estate sales volume surpasses last year’s pace
The commercial sales market in East Baton Rouge Parish is seeing record year-to-date numbers in 2022
Roundup: Construction materials / CATS grant / Bills signed into law
Costs rise: Construction input prices, or the cost of materials, rose 2.3% in May compared to the previous month, according to an Associated Builders...
Louisiana legislators ask for more time to redraw congressional maps
Louisiana’s legislative leaders are asking for at least 10 more days to comply with a federal judge’s order to redraw congressional districts so two have black majorities. Today, the judge scheduled a hearing on that request for Thursday.
AWC buys Frito-Lay distribution center for $4.6M
Baton Rouge-based AWC, which provides automation and controls for the industrial sector, has purchased Frito-Lay’s distribution center in the Industriplex for $4.6 million.
Rising sea levels threaten state’s surging LNG industry
Cameron Parish and Lake Charles are home to an industrial revival, as companies scramble to build new export terminals a
Beer and software development collide at Agile Brewing
Primeaux, a full-time software developer, opened his new brewery off of Airline Highway near Old Jefferson in April.
How COVID spelled the end of sick days
American workers have long been loath to take time off for illness, and the global COVID-19 pandemic did little to change that habit.
Hot inflation dims likelihood Fed can achieve ‘soft landing’
For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession.
Roundup: Health district / Council on Humanities / EV tax credits
Landscape changes: Baton Rouge city-parish government is installing new street signs that signal when drivers are in the Baton Rouge Health District. The signs...
Real Estate Report: Entry-level home ownership slipping out of reach
Now, rising mortgage rates are making the residential market even less affordable.
Chevron completes Renewable Energy Group purchase that includes Geismar plant
Chevron has completed a $3.15 billion cash acquisition of Renewable Energy Group, which includes a biorefinery in Geismar.
Grand opening set for CounterspaceBR’s Bocage location
Opening its second location in Baton Rouge just a short drive away from Bocage Village, locally owned cookie shop CounterspaceBR is seeking to become more than a supplier of sweet treats.
Special redistricting session back on after appeals court ruling
A federal appeals court has lifted its hold on Louisiana’s congressional redistricting. The ruling by the 5th U.S. Circuit Court of Appeals means a special session can start Wednesday for a remap ordered by a district judge.
Office and warehouse space planned for northeast Baton Rouge
A new 10,795-square-foot office and warehouse space is planned for Mammoth Avenue just north of the intersection of Monterrey and South Choctaw drives.
Roundup: LSU and NASA / LNG plant shutdown / Budget deficit
Rocket engines: A team of mechanical engineering professors at LSU is working with NASA to develop better materials for space launches, according to an...
Nursing homes could lose licenses if evacuation plans deemed inadequate
Louisiana is expected to adopt a new set of rules for nursing home emergency preparedness under legislation Gov. John Bel Edwards’
Last year’s Seacor Power tragedy could change worker protections
More than a year after the April 2021 Seacor Power lift boat tragedy in the Gulf of Mexico, legal changes may be on the way that could have lasting effects on the Jones Act, reports Legal Reader.
