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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...
Eloise Market and Cakery is moving to the Garden District
Eloise Market and Cakery, a bakery on Lee Drive, is relocating to a larger space in the Garden District.
A representative for the business tells...
This iconic Baton Rouge diner is opening a food truck downtown
Dearman’s Diner, a retro-style Baton Rouge diner, will open its first food truck in February.
The Dearman’s South Dine N’ Dash food truck—a former school...
Todd Graves set a record in buying this Nashville building
Raising Cane’s founder and CEO Todd Graves has reportedly closed on the Margaritaville building on Broadway in Nashville for $75 million, the Nashville Business...
See what’s moving into the Drago’s space on Constitution Avenue
Loft18, an “interactive” sports bar and grill, is moving into the space currently occupied by Drago’s Seafood Restaurant on Constitution Avenue.
COO Ty Duet tells...
Roundup: Back to the office / Board of Ethics / Offshore drilling
JPMorgan Chase edict: JPMorgan Chase & Co. is preparing to tell all its employees to return to the office five days a week, ending...
What the area’s commercial real estate market is projected to look like for 2025
The Baton Rouge-area commercial real estate market in 2025 is expected to closely resemble last year’s market, according to Jonathan Walker of Maestri Murrell.
That’s...
This new rule should make it easier for many to get a small business...
Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans, as...
Why the US job market is weaker than it appears
While the U.S. economy has added more than 2 million jobs over the past year, a growing number of those out of work are...
See who Mayor Edwards has tapped to serve as his chief of staff
East Baton Rouge Parish Mayor-President Sid Edwards on Monday named Lon Vicknair as his chief of staff.
Vicknair retired as a naval officer after 20...
Hillar Moore sounds the alarm on his office’s underfunding
East Baton Rouge Parish District Attorney Hillar Moore has issued a stark warning about the financial challenges facing his office.
Speaking at the Press Club...
This development is being proposed near Nicholson and Burbank
A new seven-story multifamily student housing development is proposed for Nicholson Drive.
The Planning Commission will review the final development plan for the Sterling Southgate...
