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Top Business Report News

Trump threatens more countries with tariffs as high as 30%
Economy · United States

Trump threatens more countries with tariffs as high as 30%

50% Center coverage: 173 sources
President Donald Trump sent letters to the leaders of seven more countries Wednesday, adding to the growing list of US trading partners for whom he has threatened new tariff rates. Among the latest recipients were the Philippines, Sri Lanka, Moldova, Brunei, Algeria, Libya and Iraq, with rates going as high as 30% on goods they ship to the United States. The new tariffs go into effect August 1, pending negotiations.See the Story
Most US Adults Say Child Care Costs Are a ‘Major Problem,’ a New AP-NORC Poll Finds
US Economy · United States

Most US Adults Say Child Care Costs Are a ‘Major Problem,’ a New AP-NORC Poll Finds

62% Center coverage: 68 sources
See the Story
US Applications for Jobless Benefits Fall to 227,000 Last Week, Remain at Historically Healthy Level
US Economy · United States

US Applications for Jobless Benefits Fall to 227,000 Last Week, Remain at Historically Healthy Level

70% Center coverage: 49 sources
See the Story

Kraft Heinz explores grocery business spinoff worth up to $20 billion: Report

46% Left coverage: 13 sources
Kraft Heinz · United StatesSee the Story

The new college sports agency is rejecting some athlete NIL deals with donor-backed collectives

63% Center coverage: 46 sources
The new agency in charge of regulating name, image, likeness deals in college sports sent a letter to schools Thursday saying it had rejected deals between players and donor-backed collectives formed over the past several years to funnel money to athletes or their schools. Those arrangements hold no “valid business purpose,” the memo said, and don’t adhere to rules that call for outside NIL deals to be between players and companies that provide …Deion SandersSee the Story

Who owns the Gates at CitiPlace now and what did the deal cost?

New out-of-state owners have acquired the luxury multifamily development Gates at Citiplace Apartments in Baton Rouge. Norfolk, Virginia-based real estate investment firm Harbor Group Internati… Already an INSIDER? Sign in. We are glad you enjoy reading Business Report. Continue reading this story and get ACCESS to all our content from any device with a subscription now. Click to become an INSIDER for under $2.50 a week Get access to more tha…Baton Rouge · Baton RougeRead Article

The global oil supply is growing faster than expected

Global oil supply is set to rise three times faster than demand this year, The Wall Street Journal reports.  That’s according to the International Energy Agency’s latest monthly report, which notes seasonal factors are keeping the market tight in the short term. The agency expects oil supply to grow by 2.1 million barrels a day this year and 1.3 million the next, above earlier estimates of 1.8 million and 1.1 million barrels a day, respectively.…Oil and Gas SectorRead Article

C-Suite moves and company news

Jared Watkins Jared Watkins is the new CFO at Currency Bank. Watkins, who has served in similar roles in the  community banking sector, will oversee the Bank’s financial strategy, regulatory reporting, and accounting operations. Watkins, a CPA, is a graduate of the LSU Graduate School of Banking. He currently serves on the City of Zachary Planning and Zoning Commission. Former Bone & Joint Clinic CEO Trent Holmes is the new Trent Holmes CFO at M…Baton Rouge · Baton RougeRead Article

Top 100 Private Companies: A closer look at Community Coffee

Founded in Baton Rouge in 1919, Community Coffee has grown into one of the most recognizable brands in Louisiana—and beyond. Still family owned after more than a century, the company operates one of the region’s largest roasting, distribution and corporate facilities, in Port Allen. Community supplies coffee to restaurants, convenience stores, grocery chains and offices across the country, while maintaining a strong retail presence on local shel…Baton Rouge · Baton RougeRead Article

Meta and Hyundai Apply for Tax Incentives for Multi-Billion Dollar Projects

Coverage: 2 sources
KEY TAKEAWAYS: Meta proposes $10B AI-optimized data center in Richland Parish Hyundai plans $5.7B hydrogen steel mill in Ascension Parish Projects could generate over 10,000 jobs and $139M in payroll Entergy investing $3B+ in infrastructure to support developments Meta and Hyundai have applied for Louisiana’s premier business incentive programs as they move forward with major projects in Richland and Ascension parishes, respectively — proj…Taxes · LouisianaSee the Story

Multiple types of emergency alerts needed

100% Center coverage: 1 sources
The National Weather Service issued cellphone alerts repeatedly in Kerr County as the Guadalupe River rose early Friday morning. Around the north and south forks that feed the river, forecasters triggered one push alert after another, according to PBS data.National Weather ServiceSee the Story

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