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SVB collapse has frozen capital markets
The capital markets have been on ice since the collapse of Silicon Valley Bank two weeks ago, The Wall Street Journal reports.
A new pop-up market series is heading to Mid City Beer Garden
The independent gallery curators of Ellemnop.Art and the owners of Mid City Beer Garden will join forces next month to host the Beer Garden...
Louisiana has one of the nation’s smallest state tax burdens
Louisiana taxpayers forked over an average of $2,651 in state taxes in fiscal year 2021, which ranks 42nd in the nation, according to the Tax Foundation.
‘LaPolitics’: Pay raise politics during an election year
Some of the folks inside the Capitol are framing state Rep. Joe Marino, I-Gretna, the sponsor of a legislative pay raise bill, as the...
BRAC to companies: Consider hiring high school students as interns
The best way to ensure they have a reliable workforce for years to come is to provide opportunities to today’s teenagers through part-time jobs and internships, the Baton Rouge Area Chamber says.
Roundup: Touring the SEC / Orphaned wells / Oil prices
Travel passport: The official destination marketing organizations from all the cities in the Southeastern Conference have launched a collaborative Visit the SEC mobile passport,...
Donelon backs tort reform benefiting homeowner insurance companies
After pushing so-called tort reform legislation in 2020 that failed to reduce auto insurance rates, Louisiana Insurance Commissioner Jim Donelon
Construction begins on first of three apartment complexes by same developer
Construction is underway for the Waters at Millerville, a 295-unit apartment community being built on the last 13-acres of Windy Gladney’s Millerville development.
Roundup: Mortgage rates / TikTok CEO / Walmart layoffs
Falling: The average long-term U.S. mortgage rate fell for the second straight week. Mortgage buyer Freddie Mac reported today that the benchmark 30-year rate...
Mississippi wants restrictions on spillway openings, but corps fighting back
A federal judge's ruling that the U.S. Army Corps of Engineers must consult with federal fisheries experts before opening the Bonnet Carre spillway
In a slowing economy, companies beginning to see remote work as a liability
Companies trying to run leaner and more efficiently are deploying familiar strategies from past downturns, and some are now taking new aim at their employees’ work-from-home arrangements, The Wall Street Journal reports.
How Elifin Realty is building a company where employees don’t want to leave
It’s been difficult not to notice the proliferation of Elifin Realty signs on Baton Rouge commercial properties in the last few years. The homegrown...
What small business leaders need to know about the current, wacky job market
Despite the news this week that Amazon is laying off thousands of workers, the jobs picture remained stronger than expected in February—contributing mixed signals...
Placid Refining moving headquarters from Dallas to Baton Rouge, investing $66M
Placid Refining will move its headquarters from Dallas to Baton Rouge and modernize its existing local facility in Port Allen, investing $66 million in the process, officials announced today.
Baton Rouge leads peer metros in year-over-year job growth
The Baton Rouge metro led its peer metros in year-over-year percentage job growth in January, according to the latest economic indicator report from the Baton Rouge Area Chamber.
Baton Rouge riverboat casino revenue rebounds in February
Baton Rouge's three riverboat casinos saw a collective 3.8% revenue increase during February, according to the latest numbers from the Louisiana Gaming Control Board.
Their...
Roundup: Unemployment / US housing market / Pay raises
Falling claims: The labor market continues to defy Federal Reserve attempts to cool hiring, as U.S. applications for unemployment benefits fell again last week...
See how companies are switching their accounting to combat inflation
One lever finance executives have to combat the impact of inflation on earnings is to make an accounting policy change: moving to “first-in, first-out” accounting, or FIFO.
Louisiana has one of the lowest rates of remote workers
About 21,000 businesses in Louisiana continued to use telework or remote work in some capacity during the summer of 2022.
Louisiana budget negotiations face additional barrier with spending cap
Gov. John Bel Edwards and state lawmakers may have to clear additional hurdles this year to spend all the money available to them in the next 15 months.
