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American consumer confidence decreases to four-month low

Confidence among U.S. consumers unexpectedly declined in September to a four-month low as Americans' views of the labor market deteriorated. As Bloomberg reports, The Conference Board's index decreased to 86 this month, weaker than the most...

DATE: September 30, 2014 | CATEGORY: Daily Report

Ascension Parish industrial park approaches next phase

L.J. Grezaffi, the developer of a 700-acre industrial park at the intersection of La. 30 and La. 73 in Ascension Parish, says the next phase of the project can be expected to begin next spring after a 1.25-mile road is completed. The road cuts...

DATE: September 30, 2014 | CATEGORY: Daily Report

'10/12 Industry Report': Industrial construction curve has barely begun, but real estate markets are already booming

'10/12 Industry Report': Industrial construction curve has barely begun, but real estate markets are already booming

Many Baton Rouge-area companies are in a wait-and-see mode in terms of their expectations for an industrial business surge, but local real estate professionals don't have to be convinced of what lies ahead. As detailed in a feature from the new...

DATE: September 30, 2014 | CATEGORY: Daily Report

News roundup: Unchanged at No. 386, Benson lone Louisianan on Forbes 400 list again … Fort Polk gets most public support among 30 US bases facing cuts … U.S. consumer spending up 0.5% in August

On the list: New Orleans Saints and Pelicans owner Tom Benson is once again the lone Louisianan on the list of the 400 wealthiest Americans by Forbes, the latest version of which was released today. While Benson's place on...

DATE: September 29, 2014 | CATEGORY: Daily Report

Highland Coffees to close after 25 years, be replaced by full-service restaurant

Highland Coffees to close after 25 years, be replaced by full-service restaurant

Highland Coffees, a beloved local institution that has operated for 25 years on Chimes Street just outside the North Gates of the LSU campus, will close its doors for good at the end of December. Owner Clarke Cadzow says he does not want to shutter...

DATE: September 29, 2014 | CATEGORY: Daily Report

Jindal takes fifth in straw poll, has big weekend out of state

Jindal takes fifth in straw poll, has big weekend out of state

Following a headlining appearance at the Family Research Council Action's 2014 Values Voter Summit in Washington, D.C., on Friday, Gov. Bobby Jindal has

DATE: September 29, 2014 | CATEGORY: Daily Report

Candlewood Suites planning $5M hotel on Bankers Avenue

The hotel chain Candlewood Suites has plans to join the string of hotels in the College Drive corridor, according to a plan review application recently filed with the city-parish Department of Public Works. The hotel is to be constructed at 5353...

DATE: September 29, 2014 | CATEGORY: Daily Report

David Winwood

David Winwood

This summer Pennington Biomedical Research Center hired David Winwood to be its first chief business development officer. A scientist, entrepreneur, and expert in technology transfer, Winwood is establishing the center's Department of Business...

DATE: September 29, 2014 | CATEGORY: Executive Spotlight

LaPolitics: Graves cracks open piggy bank

LaPolitics: Graves cracks open piggy bank

With a massive fundraising lead that his opponents admit they'll never catch up to, Garret Graves is finally spending some of it in a concentrated 45-day money dump leading up to the November primary in the 6th Congressional District. His first...

DATE: September 26, 2014 | CATEGORY: Daily Report

New sorority house on LSU campus will be first in more than 30 years

LSU's Sorority Row will soon see the construction of a new house for the first time in more than three decades. Plans are in the works for the construction of an 18,000-square-foot, 50-bed house that will be located next to the Zeta Tau Alpha house,...

DATE: September 26, 2014 | CATEGORY: Daily Report

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