Friday, May 25, 2018
A divided Southern University Board of Supervisors voted Friday to move forward with a "historic" medical marijuana partnership with Advanced Biomedics, despite an 11th-hour lawsuit filed against the firm and questions over changes to the contract.
All but one of the state’s major metros added workers over past 12 months as Louisiana gained 22,800 more nonfarm jobs in April than a year ago.
A nearly 3-acre site in the Costco parking lot has been sold for $1.35 million to Olinde Hardware and Supply Co. LLC., which previously announced plans to build an Ashley Furniture HomeStore there.
Friday, May 25, 2018
A Baton Rouge investor has filed a lawsuit against the company in line to run Southern University's medical marijuana growing operation, claiming the firm reneged on a multimillion-dollar deal that would have made him a partner.
Thursday, May 24, 2018
The Valluzzo Companies, which owns more than 40 McDonald’s locations across south Louisiana and Mississippi, has purchased an office building on Jefferson Highway with plans to move its headquarters there.
Thursday, May 24, 2018
Cane Land Distilling Co. in Baton Rouge has reached a distribution agreement with Republic National Distributing Co. in the Rocky Mountain region, starting with Colorado and Wyoming.
US Foods, one of the country’s largest food distributors, plans to triple the size of its F. Christiana facility in Jefferson Parish and add 45 new jobs, officials said Thursday.
Wednesday, May 23, 2018
The head of the Pennington Biomedical Research Center on Wednesday laid out an ambitious roadmap for the center, tackling problems ranging from childhood obesity to asthma to women’s health.
A federal bankruptcy judge has approved a bankruptcy reorganization plan for Harvey Gulf International Marine, a New Orleans-based company that provides offshore supply, crew and multipurpose construction and support vessels for Gulf of Mexico dee…
Tuesday, May 22, 2018
CGI, the Canadian tech giant that moved into Lafayette four years ago, will hire 400 more workers by 2023, doubling its Acadiana workforce, Gov. John Bel Edwards said Tuesday.
Monday, May 21, 2018
Consumer and business spending in East Baton Rouge Parish was 5 percent lower in March than the same month a year ago, as spending continues to decline from the spike in activity that occurred after August 2016 flood.
WASHINGTON — Facing the risk of a mutually harmful trade war, the world's two biggest economies have put their differences on hold. Yet it's far from clear that a fragile truce between the United States and China can hold.
Monday, May 21, 2018
Lafayette-based IberiaBank Corp., the largest financial institution headquartered in Louisiana, is closing or consolidating 22 branch locations this year.
Sunday, May 20, 2018
In four years, Hammond-based Gnarly Barley Brewing has established itself as one of the fastest growing craft breweries in the United States and is planning a major expansion.
Friday, May 18, 2018
East Baton Rouge Parish’s ban on smoking in casinos takes effect in less than two weeks, and one local riverboat already is prepared with a small gambling area set aside for smokers and another boat opening a non-game smoking area terrace.
The number of rigs exploring for oil and natural gas in the U.S. increased by one this week to 1,046. Louisiana's count dipped by 1 to 61 rigs, which is down from 64 a year ago.
Thursday, May 17, 2018
WASHINGTON — Sugar growers scored a sweet victory on Capitol Hill over big candy and soda manufacturers on Thursday as Louisiana lawmakers and other opponents easily sent a proposal to gut sugar subsidies down to a bitter defeat.
A former Shaw Group employee and two other Louisiana residents were convicted Thursday of insider trading in connection with Baton Rouge-based Shaw's $3 billion acquisition by Chicago Bridge & Iron Co. in 2012.
The federal government has certified the 150 census tracts nominated by Gov. John Bel Edwards as Opportunity Zones, which will offer tax incentives through the Tax Cuts and Jobs Act designed to attract investment in low-income areas.
Citadel Completions will open an aircraft maintenance center in Lake Charles that will modify the interiors of jets, a move that will create 256 jobs.
Louisiana posted the country’s third-largest decline in real personal income in 2016, new federal data show, with incomes dropping 1.9 percent compared to the year before.
Wednesday, May 16, 2018
Waitr, the Lake Charles-based online restaurant delivery service for customers across Louisiana and into other markets, is being acquired by Texas billionaire Tilman Fertitta in a $308 million deal.
A 1.75-acre tract of undeveloped land in Spanish Town has been purchased by a local developer who is looking at building a mix of multi-family units on the site.
Entergy Louisiana’s $261 million plan to buy a 361-megawatt plant to be built in Washington Parish has been approved by state regulators.
An applicant for one of the state’s nine medical marijuana pharmacy permits has filed suit against the state Board of Pharmacy over its decision to pick the fourth-place finisher for the license in the New Orleans region.
Targeting a longstanding problem in the technology sector, local officials are launching an apprenticeship program, used by a handful of other cities, to bolster the tech workforce in Baton Rouge.
Tuesday, May 15, 2018
The Louisiana Technology Park has landed three new tenants, with a security electronics reporting company, storage auction firm and online reputation management service all set to call the incubator their new home.
Goodrich Petroleum Corp. is selling a portion of its interest in Louisiana’s Tuscaloosa Marine Shale formation for $3.3 million, the firm announced Tuesday.
Monday, May 14, 2018
Baton Rouge's three riverboat casinos' winnings were down 12.1 percent in April from the year before, as Louisiana’s overall gambling market saw a drop.
Sunday, May 13, 2018
Friday, May 11, 2018
The Purge, a USA Network television series, began filming this week in the New Orleans area for a 10-episode season that’s scheduled to air in the fall.
Under the shade of the half-finished lobby of Ochsner’s planned surgical hospital off Interstate 10 in Baton Rouge, more than 300 construction workers in bright yellow shirts gathered Friday for a safety stand down and a lunch of pastalaya and cho…
Developer Corbin Ladner has purchased roughly 800 acres at the intersection of South Tiger Bend and Babin Lane to build an upscale subdivision on part of the land.
McDermott International Inc. and CB&I have completed their $6 billion merger to create a Houston-based onshore-offshore company with broad engineering, procurement, construction and installation services.
Thursday, May 10, 2018
Methanex said it continues to make “good progress” toward a $1 billion expansion of its Geismar plant, but won’t make a final decision on adding a third methanol production facility to the complex until mid-2019 at the earliest.
Southern University has signed a contract for the school’s medical marijuana program with Advanced Biomedics on assurances the two biggest owners of the Lafayette company are working to resolve their feud over the negotiation process and ownership…