What the attacks in the Red Sea mean for global supply chains 

The price of sending goods around the world is spiking after six weeks of disruptions in the Red Sea, where Iran-backed Houthi militants are...

Roundup: Small business loans / Inauguration details / King cake 

Disaster aid: The Restore Louisiana Small Business Program is extending the deadline for businesses and nonprofits to apply for assistance through June 30, 2024....

Lawmakers across the US seek to limit property tax hikes as home values soar 

Soaring home values have increased property taxes for millions of homeowners in recent years, prompting action from state lawmakers to lighten the burden. 

US employers added a surprisingly strong 216,000 jobs in December

The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the face of sharply higher interest rates.

Diabetes treatment infusion clinic expands to Baton Rouge

Bioactive Infusion and Wellness is expanding to the Capital Region with a clinic in the Baton Rouge Health District. 

Takeaways from EBR’s latest sales tax collection figures 

East Baton Rouge Parish collected nearly $19.3 million in sales taxes in October, or about 1.42% more than during the same month the year...

Roundup: ESPN deal / Mortgage rates / Migration trends 

College sports: The NCAA and ESPN have reached a new eight-year media rights deal worth more than $115 million annually, as the value of...

US bankruptcy filings expected to keep climbing after surging 18% last year 

U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, although insolvency case volumes remain well below the level seen before the outbreak of COVID-19, Reuters reports. 

Budget deficits threaten Louisiana community colleges

Some of Louisiana's community and technical colleges may soon face budget deficits without a sharp rebound in student enrollment, according to a recent report from the Louisiana Legislative Auditor’s office.

Kyle Ardoin among latest senior staff hires by Landry 

Secretary of State Kyle Ardoin is among the senior staff hires Gov.-elect Jeff Landry’s transition team announced today.

New vehicle sales are up across the nation

Undeterred by high prices, rising interest rates, autoworker strikes and a computer chip shortage that slowed assembly lines, American consumers still bought 15.6 million new vehicles last year, 12% more than in 2022, the biggest increase in more than a decade.

Small businesses are doubling down on AI this year  

Small business owners are feeling better about their prospects, but only slightly, according to a recent survey of small and midsize business leaders from...

Roundup: Energy deals / Online shopping / Factory boom 

Acquisition news: Energy company APA has agreed to buy smaller peer Callon Petroleum in a stock-swap deal valued at about $4.5 billion including debt,...
rolfe mccollister

McCollister: BRAC needs bold, innovative leadership 

A new year means new opportunities. One such opportunity is hiring a new CEO for the Baton Rouge Area Chamber, writes Business Report founder...

This Baton Rouge chef is drawing national acclaim  

Tremaine Devine was not born in the South, but he’s no stranger to its kitchens. Inside restaurants like Zorba’s Greek Bistro, Bistro Byronz and...

US jobless claims fall again as job market continues to show strength 

The number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates.

Edwards to join New Orleans law firm when he leaves office 

Gov. John Bel Edwards will join New Orleans-based law firm Fishman Haygood as special counsel after he leaves office Monday. Founded in 1996 with offices...

Nearly 145 acres off Scenic Highway sold for $2M

The Price LeBlanc family has purchased nearly 145 acres off Scenic Highway north of the ExxonMobil plant in north Baton Rouge, according to public...

Roundup: LSU defensive shake-up / Offshore wind / Fed minutes 

Coaching staff changes: LSU has parted ways with defensive coordinator Matt House and three other members of its football coaching staff. House, who has...

Nominate your favorite local business for the Best of 225 Awards 

New year, new favorites. The 19th annual Best of 225 Awards are officially up for grabs, with nominations running through Feb. 7. Head over to...