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Capital Region online sports betting is showing up in bankruptcy court
Amid a torrent of revenue rolling in, there is a more sinister side to the online sports betting phenomenon, Business Report writes in its...
Two foreclosed apartment complexes sell for a combined $5.5M
A Kansas City, Missouri-based property management company has acquired two foreclosed apartment complexes in Baton Rouge for a combined $5.5 million, according to separate...
Sales tax collections are dropping in East Baton Rouge Parish
May 2025 by Holly Duchmann
Louisiana jobless claims fall in early August
Louisiana’s initial unemployment insurance claims dropped for the week ending Aug. 2, according to the latest data released by the Louisiana Workforce Commission.
The state...
A New York firm bought Towne Center at Cedar Lodge for $81M
The Towne Center at Cedar Lodge lifestyle development has been sold in an $81 million deal to a New York-based shopping center operator.
DLC Management...
Louisiana joins the fight against a $22B Midwest grid upgrade plan
Utility regulators in North Dakota have enlisted support from counterparts in Louisiana, Arkansas, Mississippi and Montana to oppose $22 billion in planned electric grid...
A maturing online sports betting market brings growing tax revenues
It’s difficult to predict with any precision how much revenue Louisiana will receive in the coming years from legalized online sports betting.
As Business Report...
Roundup: Louisiana detention / CEO turnover / Dodge muscle SUV
Where the detainees are: The Trump administration is planning to house immigrant detainees in Louisiana State Penitentiary, according to people familiar with the matter,...
Fannie, Freddie could see a historic IPO under Trump plan
The Trump administration is moving toward one of the largest stock offerings in history—selling shares in mortgage giants Fannie Mae and Freddie Mac that...
Roundup: Good Growth Awards / Computer chip tariffs / Offshore gambling surge
Accepting applications : The Growth Coalition has started accepting submissions for its Good Growth Awards, which celebrate real estate developers who “raise the bar”...
EPA cancels $7B Biden-era grant program aimed at boosting solar energy
The Environmental Protection Agency on Thursday terminated a $7 billion grant program that was intended to help pay for residential solar projects for more...
Industrial construction firm announces a nearly $2M investment in Livingston Parish
Pala Interstate, an industrial construction firm specializing in metal fabrication, is investing $1.9 million to build a paint and blasting shop and expand operations...
Companies are tightening their office attendance policies
Over the past year, U.S. companies have made large strides in returning employees to the office, CNBC reports.
According to a new CBRE report, nearly...
Why your website may be working against you
In today’s digital-first world, your website is often the first—and sometimes only—interaction a potential customer has with your business.
But despite investing in slick designs...
Mortgage rates fall for a third week in a row
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months— welcome news for prospective homebuyers who have...
78K and counting: How one local architect is using TikTok to boost business
At 71, Baton Rouge architect Kevin Harris has embraced, with great success, an unconventional business tool for professionals of his age: TikTok.
Harris started posting...
What the BP CEO predicts about next year’s oil supply growth
Oil supply growth from non-OPEC producers is expected to plateau by early 2026 even as global demand remains strong, BP CEO Murray Auchincloss tells...
The condo market has hit a decade low
Condo sellers are facing their weakest market in over a decade, with prices down, supply up and buyers in control—especially in the South and...
Roundup: Elmer’s acquired / Apple’s big investment / Baker schools
Local chocolate factory: Florida-based Hoffmann Family of Companies, a private equity firm, has acquired Ponchatoula-based Elmer Chocolate, one of the nation’s leading seasonal chocolatiers...
How local executives feel about the new NIL rules
As college sports prepare for a seismic shift under a $2.8 billion NCAA settlement that will allow schools to directly compensate athletes, changes are...
