Five of Louisiana's nine metro areas added jobs over the 12 months ending Feb. 28, with Baton Rouge and Lake Charles leading the charge.
Tuesday, March 28, 2017
Tidewater Inc., a New Orleans-based offshore service vessel company, said its latest extension from lenders and noteholders expired on Monday, without the company seeking a renewal of the waiver.
Monday, March 27, 2017
Freddy’s Frozen Custard and Steakburgers has opened its second Baton Rouge location at 13636 Millerville Road in the Greens at Millerville development.
A group of investors is buying the Sarkis Oriental Rugs building on Government Street and determining what to do with the property.
Robert M. Stuart Jr., head of middle market commercial banking for Capital One, will retire April 1 after more than 37 years with Capital One and its predecessors.
Monday, March 27, 2017
Raycom Media and AT&T U-Verse have ended the rate dispute that left some south Louisiana viewers unable to watch WAFB and WBXH in Baton Rouge and WVUE in New Orleans on March 16.
Sunday, March 26, 2017
Watching Sears and J.C. Penney closures at Cortana Mall gives clothing store operator Yasser Salameh the same feeling he had in the 1990s when Bon Marche faded from Baton Rouge's retail scene going against Cortana.
An $80 million Australis Oil & Gas Co. deal for Encana Corp.'s remaining acreage in the Tuscaloosa Marine Shale is an encouraging sign, but oil prices will continue to limit the amount of new drilling, industry experts say.
Sunday, March 26, 2017
Friday, March 24, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by 20 this week to 809. Louisiana edged down two rigs to 53, but remained two above a year ago.
Thursday, March 23, 2017
Former state Sen. Larry Bankston should have mentioned a possible conflict before he rendered a legal opinion that wound up disqualifying the two top bidders for a mammoth contract to manage Louisiana’s $1.6 billion flood-recovery program, accordi…
The school board in a south Texas community competing with two Louisiana sites has approved an estimated $1.2 billion in tax breaks to entice Exxon Mobil Corp. and its Saudi partner to build a $9.3 billion petrochemical plant within its district a…
Thursday, March 23, 2017
Bebe Stores Inc., a women's apparel chain with locations across the U.S., is planning to shut its stores and seek a turnaround as an online brand, the Bloomberg news service reported from people familiar with the situation.
After nearly 40 years of holding the event, the Capital Region Builders Association almost called off its annual Building and Remodeling Show this year.
Wednesday, March 22, 2017
NEW ORLEANS — Oil companies have offered $274.8 million for this year's central Gulf of Mexico oil leases, more than last year but only about half the amount bid in 2015.
As Netflix has grown into a global internet TV powerhouse, company officials have had to strike a balance: giving consumers a voice in product development but also trying to make sense of the extensive amount of data it collects on the habits of i…
Sears, once the monolith of American retail, says that there is "substantial doubt" that it will be able to keep its doors open.
Tuesday, March 21, 2017
The parent company of Baton Rouge-based Investar Bank is issuing $18.6 million in debt and plans to use the proceeds to fund part of the $45.8 million acquisition of Citizens Bank of Ville Platte and for general corporate purposes.
More than 25,000 children are expected to participate this year in Lemonade Day Louisiana, an annual event that trains boys and girls how to run their own business.
Baton Rouge's kick-off announcement of Lemonade Day Louisiana 2017 was held Tuesday, March 21, 2017 at LSU's E.J. Ourso College of Business Education Complex. Lemonade Day Louisiana co-founder and Raising Cane's founder/CEO Todd Graves, Secretary…
OncBioMune Pharmaceuticals Inc., a Baton Rouge-based biopharmaceutical company, has signed a non-binding agreement with the world's largest generic medicines producer covering Norepinefrine for the Mexican market.
LSU has pushed back the deadline to submit offers to operate its planned medical marijuana business to March 31. The original deadline was March 21.
Monday, March 20, 2017
The owners of Phil’s Oyster Bar are taking over the empty Table Kitchen & Bar space in the Southdowns Village Shopping Center to open a new restaurant there by the end of the year.
Movie Tavern is set to re-open its Juban Crossing location on April 13, almost eight months after a devastating flood forced the theater to close.
Sunday, March 19, 2017
Friday, March 17, 2017
Seven months after devastating floods destroyed or damaged tens of thousands of homes in metro Baton Rouge, contractors and suppliers say the snail's pace of rebuilding is finally getting a bit better.
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by 21 this week to 789. Louisiana dipped one rig to 55, but was up six rigs from a year ago.
A group of Baton Rouge startup companies are being showcased during New Orleans Entrepreneur Week next week and will be hosting businesses there in an event to help build strong connections between the two cities.
Building on the buzz of Louisiana's nascent tech scene, New Orleans Entrepreneur Week saw its attendance spike by nearly 25 percent last year, helping showcase the industry's local growth and the city's ongoing efforts to bolster its business clim…
J.C. Penney is closing its Cortana Mall location, shutting down another anchor store in the shopping center at Airline Highway and Florida Boulevard.
Four of the state's nine metro areas added jobs over the 12 months through January, but those additions weren't enough to offset job losses throughout the rest of the state.
Baton Rouge-based Investar Holding Corp. has priced 1.4 million shares of common stock at $21.25 per share and expects to net around $28.5 million after paying underwriters.
Thursday, March 16, 2017
Research Park Corp. and affiliated organizations that include a technology business incubator and venture fund posted a total economic impact of $196 million in 2016, generated 3,100 direct and indirect jobs with a payroll of more than $83 million…
A rate dispute between AT&T U-Verse and Raycom Media left south Louisiana television viewers unable to watch stations WAFB and WBXH in Baton Rouge and WVUE in New Orleans on Thursday.
La Madeleine, a French baker-cafe chain, is looking for a buyer for its seven Louisiana restaurants, as well as those in Houston, Atlanta, Austin and Washington, D.C.
Wednesday, March 15, 2017
The owners of The New Orleans Advocate on Wednesday expanded their footprint in St. Tammany Parish, purchasing The Farmer, a weekly newspaper that has been part of the north shore’s civic life since 1874.
Baton Rouge-based Investar Holding Corp. plans public offerings of debt and $30 million worth of common stock to help cover a portion of the recently announced Citizens Bank of Ville Platte acquisition and for general corporate purposes.
A New Orleans company that sells cabinets and granite counter tops has acquired two buildings on Old Hammond Highway, just east of the South Sherwood Forest Boulevard intersection.