BATON ROUGE AREA
BATON ROUGE AREA
China chamber group recognizes La. project
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GULFPORT, Miss. (AP) — Mississippi officials say they have voided an incentive deal with Louisiana shipbuilder Edison Chouest because planned investments in a shipyard and hiring by a subsidiary never occurred.
Houston-based retailer Conn's Inc. is planning to open stores in Slidell and Metairie in late June to go along with a store opened Friday in Harvey, as the chain expands in the New Orleans area market.
Retailer Payless ShoeSource Inc plans to file for bankruptcy later this month and will close all of its 2,300 stores, according to a report from Reuters.
DonahueFavret Contractors, a longtime family-owned company, has expanded its ownership to include five key employees.
The LSU AgCenter and its marijuana-growing partner questioned an “inexplicable” disparity in how the state agriculture department is regulating it compared to Southern University, as it outlined an 18-month regulatory process it has been through t…
The Baton Rouge Area Chamber is accepting nominations until March 15 for its Diversity Star Award, which honor regional businesses that champion inclusion.
MJ’s Cafe, the popular vegetarian-minded restaurant at Mid City’s White Star Market, plans to open a “satellite” location inside Yoga Rouge near LSU.
Danos in Gray has reached a tentative agreement to acquire Shamrock Energy Solutions, a private 22-year-old oilfield service company based in Houma.
Work is underway to turn a long-vacant Coursey Boulevard Jack In the Box into a Save More Market.
LSU will launch a new program in June that allows students who hold an undergraduate business degree to earn an MBA in 11 months, half the time it takes in a traditional program.
Sasol said Wednesday that the first of the seven production facilities being developed near Lake Charles in an $11 billion project has achieved beneficial operations.
The United States expects domestic oil production to reach new heights this year and next, and that prices — for both crude and gasoline — will be lower than they were in 2018.
The Louisiana Association of Business and Industry has elected Sonia Pérez, president of southeast states for AT&T, to chair the organization for 2019.
Less than three months after the new owners of the Belle of Baton Rouge said it was “highly unlikely” the downtown riverboat would move onto land, the casino’s general manager said a “real serious look” will be taken at making the move.
Charles Fenstermaker has been named president of C.H. Fenstermaker & Associates LLC.
Jack Warner, who co-founded Walk-On’s, has repurchased the downtown location of Schlittz & Giggles and is looking at “redeveloping and refreshing” the pizza parlor.
PetroQuest Energy Inc. in Lafayette has emerged from bankruptcy reorganization, having eliminated $295 million in debt and preferred equity obligations from its financial balance sheet.
Louisiana food delivery service Waitr posted $69 million in revenue and a $35 million net loss for 2018, as the startup reported full earnings for the first time since going public in November.
A new federal tax break passed as part of the Trump administration’s 2017 tax cut has taken shape in Louisiana, with 150 census tracts across the state now designated as “opportunity zones.”
BATON ROUGE LODGING ASSOCIATION
Contractor seminar registration underway
BATON ROUGE AREA
Community Coffee is embarking on two major projects this year: opening a new manufacturing facility in Harahan and adding a training and innovation center to its south Baton Rouge offices.
A new federal program pitched as a way to aid low-income communities is ramping up across Louisiana, but after a political scramble to make various struggling areas eligible for the tax break, it's investors and real estate developers who are star…
Southland Steel Fabricators Inc. said it will spend $18 million expanding to a second Louisiana site in Amite, a move that officials say will create 70 new jobs over the next several years.
State Farm, Louisiana's largest auto insurer, will cut auto insurance rates starting in April by an average of 3.2 percent for its roughly 1 million Louisiana policyholders.
A shopping center in front of the Millerville Target store has been sold for $3.76 million.
Crown Crafts Inc., the Gonzales-based maker of children's products, reported fiscal third-quarter profit of $1.6 million, or 15 cents per share, on net sales of $18.7 million, compared with quarterly net income a year ago of $531,000, or 5 cents p…
Gov. John Bel Edwards' administration said Thursday it will put on the Louisiana Statewide Business Summit this month, an economic development-focused event connecting business leaders with state government officials.
The Urban Restoration Enhancement Corp. announced the departure of President and Chief Executive Officer Emel Alexander later this month for a job in Nashville, Tennessee.
Bernhard Capital Partners, the Baton Rouge private equity firm founded by former Shaw Group executives, said Wednesday it closed its second fund, exceeding its $1 billion target.
The Louisiana Department of Environmental Quality is requiring a Morehouse Parish wood pellet manufacturing plant to install pollution control equipment following complaints from an environmental group.
A record number of cruise ship passengers traveled through the Port of New Orleans in 2018.
A $60,000 grant awarded to the LSU Department of Entomology is being used to implement an "organic waste upcycling project" using black soldier fly larvae.
A New Orleans company is suing the Louisiana agriculture department for how it is handling the testing of medical marijuana, arguing the agency improperly rejected its bid to become the state’s independent testing lab.
Globalstar, the Covington-based satellite phone company, will hold a state co-sponsored job fair Wednesday.
More than 7,600 people are in downtown Baton Rouge this week for two conventions being held in the Raising Cane’s River Center.
Louisiana’s largest business lobby is pushing for changes to the state’s Industrial Tax Exemption Program in an effort to make it easier on companies seeking tax breaks, the latest push by business interests to defend the incentive program.
Cleco Corporate Holdings LLC's has completed its $1 billion acquisition of NRG power plants and facilities that serve nine power cooperatives throughout Louisiana.
Baton Rouge-based Amedisys Inc. has completed its $340 million acquisition of Compassionate Care Hospice, which is headquartered in Parsippany, New Jersey, with 2,300 employees and 53 locations nationwide.
A rezoning request has been filed for a Drago’s Seafood Restaurant near the intersection of College Drive and Interstate 10 in Baton Rouge.
The LSU School of Veterinary Medicine has been awarded a five-year, $11.5 million round of federal funding to launch a new center to study lung disease.
Baton Rouge-based H&E Equipment Services Inc. has completed its $100 million acquisition of We-Rent-It, a nonresidential construction equipment rental company with six branches in Texas.
BATON ROUGE AREA
Initiative targets event, production professions
DALLAS — Exxon Mobil Corp. increased revenue during a volatile fourth quarter for world oil markets, but profit fell 28 percent from a year earlier, when Exxon booked a huge gain from lower corporate tax rates.
Business First Bancshares Inc. in Baton Rouge reported fourth-quarter net income of $3.4 million, or 28 cents per share, compared to an $862,000 loss, or 8 cents per share, a year ago.
Louisiana's Movie Tavern locations have a new owner, after the Marcus Corp. completed a deal to acquire the 22 luxury movie theaters across several states.