Uncategorized

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...

What the Tax Foundation says about Louisiana’s population exodus

Louisiana is continuing to struggle with losing residents, according to a recent analysis from the influential Tax Foundation. For the analysis, the nonprofit looked at...

McCollister: Can Coach Sid change Baton Rouge?

Editor’s note: Rolfe McCollister is a member of Mayor-President Sid Edwards’ transition team. It’s been eight years since Baton Rouge has had a new mayor-president,...

This acai and smoothie shop is opening its second local storefront

In 2024, social media food critic Keith Lee gave Baton Rouge acai and smoothie shop Dr. Feel Good a positive review on TikTok that...

Roundup: New Orleans attack / Immigration / Warehouse leases

Seeking answers: One week after the deadly New Year’s terrorist attack, New Orleans’ police chief refused to answer questions about the city’s security measures...

A Gonzales company just bought several properties for a combined $3M

Gonzales-based civil contractor SKR Construction has purchased the property that houses its facility, as well as a pair of surrounding industrial warehouse properties in...

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...

Sides reach tentative deal to avert a strike by dockworkers

U.S. longshoremen reached a contract agreement with ports and shippers Wednesday, averting a potential strike that could have damaged the American economy. The International Longshoremen’s...

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...

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...

Local leaders offer insight on how to master 2025

Cyber threats. Growth and scaling in a time of economic uncertainty. The AI revolution. Talent management and succession. Engendering mental health and wellness. Any one...

Roundup: Hiring and wage growth / Honda EV / Gulf of America

Slowing market: U.S. private sector hiring and wage growth slowed in December, indicating an ongoing moderation in demand for workers. Employment rose by 122,000...

What a top Fed official says about rate cuts in relation to Trump’s tariff...

A top policymaker at the U.S. Federal Reserve said Wednesday he still supports cutting interest rates this year, despite elevated inflation and the prospect...

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...

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...