New Orleans Business News
Discover the vibrant economic landscape of New Orleans, LA, on our Business News page, your ultimate resource for the latest updates and insights in the Crescent City’s dynamic business community. Delve into articles on entrepreneurship, economic development, and industry trends that shape New Orleans’ diverse economy, from tourism and hospitality to technology and maritime. Stay informed about local startups, major corporate investments, and innovative business strategies driving growth in the region. Our coverage includes expert analysis of market trends, profiles of influential business leaders, and in-depth reports on the policies that impact enterprises in the Greater New Orleans area. Whether you’re an investor, entrepreneur, or business enthusiast, our New Orleans Business News page is your gateway to understanding the opportunities and challenges in this culturally rich and economically evolving city.
BUSINESS NEWS
Twin Sisters Launch Literacy Initiative in Louisiana
News Summary Dria and Blake Jackson, twin sisters from Louisiana, have introduced the ‘Kreativity Krewe’ coloring book series to combat early childhood illiteracy. Targeting children in pre-K through third grade,...
Seth Knudsen Appointed New President and CEO of DDD New Orleans
News Summary Seth Knudsen has been appointed as the new President and CEO of the Downtown Development District (DDD) of New Orleans, taking over on May 6. With over 20...
East Jefferson Real Estate Transactions: April 25 to May 2
News Summary During the week of April 25 to May 2, East Jefferson’s real estate market experienced significant activity with numerous property transactions across various price ranges. Key highlights include...
New Orleans Civil Service Commission Rehires Controversial Clerk
News Summary The New Orleans Civil Service Commission has ordered the reinstatement of Lora Johnson, former Clerk of Council, despite her history of sexual harassment claims. Critics argue that this...
Orleans Parish School Board to Auction Historic Properties
News Summary The Orleans Parish School Board will auction seven properties, including the historic L.E. Rabouin Memorial School, on April 30, 2025, amidst a $50 million budget deficit. The previous...
Eagles Fans Flock to The Schooner Saloon for Super Bowl LIX
News Summary During Super Bowl LIX weekend, Philadelphia Eagles fans are gathering at The Schooner Saloon in New Orleans for authentic cheesesteaks. The bar, owned by a Pennsylvania native, is...
Woodside Energy Invests $17.5 Billion in LNG Facility in Louisiana
News Summary Woodside Energy has announced a significant $17.5 billion investment in a liquefied natural gas (LNG) production and export facility in Calcasieu Parish, Louisiana. This project, the largest foreign...
New Orleans Embraces KILOBAUUD’s Impact on Dance Music
News Summary KILOBAUUD, formerly known as Lil Jodeci, is making waves in New Orleans’ dance music scene with innovative events and a new record label. His transition from a valet...
Celebrating Women-Owned Businesses in New Orleans
News Summary New Orleans highlights its vibrant community of women-owned businesses through an engaging shopping experience. The city promotes local boutiques, eateries, and wellness centers, encouraging residents and visitors to...
Finance
Orleans Parish School Board to Auction Historic Properties
News Summary The Orleans Parish School Board will auction seven properties, including the historic L.E. Rabouin Memorial School, on April 30, 2025, amidst a $50 million budget deficit. The previous...
New Orleans Faces Economic Uncertainty with Upcoming Tariffs
News Summary New Orleans businesses are concerned about the economic implications of President Trump’s recently announced 10% tariff on imports. Local industries reliant on international trade may experience price hikes,...
Upcoming Auction for Historic Properties in New Orleans
News Summary On April 30, 2025, the Orleans Parish School Board will auction seven unique properties in New Orleans, including the iconic L.E. Rabouin Memorial School. The auction aims to...
Adams & Reese Law Firm Celebrates Major Rebrand and Expansion
News Summary Adams & Reese, a prominent law firm based in New Orleans, has announced a significant rebranding as it marks 75 years of service. The firm has expanded to...
New Orleans Office Market Shows Resilience in 2024
News Summary As we approach the end of 2024, New Orleans’ office market continues to demonstrate resilience, with downtown occupancy rates holding steady at 79%. Excluding long-vacant buildings, the occupancy...
New Orleans Business Landscape Thrives in 2024
News Summary The business scene in New Orleans is experiencing significant growth in 2024, with enhancements in tourism, job opportunities, and innovative entrepreneurship. Recent reports highlight a booming tourism sector...
New Orleans Firm Secures $210 Million Fundraise
News Summary Carr’s Hill Capital Partners, based in New Orleans, has successfully raised $210 million in its inaugural fund, surpassing its original target of $175 million. The firm, which focuses...
Rising Insurance Costs and Economic Uncertainty Impact New Orleans Housing Market
News Summary New Orleans is facing significant challenges in its housing market due to rising insurance costs and economic uncertainties. The median home price gap is widening, exacerbated by potential...
New Orleans Residents Rally Against Proposed Hotel Development
News Summary Residents of New Orleans’ Faubourg Marigny neighborhood are uniting against the proposed five-story hotel, The Elysian, fearing it could disrupt the historic character of their community. Over 600...
CONSTRUCTION
Woodside Energy Invests $17.5 Billion in LNG Facility in Louisiana
News Summary Woodside Energy has announced a significant $17.5 billion investment in a liquefied natural gas (LNG) production and export facility in Calcasieu Parish, Louisiana. This project, the largest foreign...
New Orleans Faces Economic Uncertainty with Upcoming Tariffs
News Summary New Orleans businesses are concerned about the economic implications of President Trump’s recently announced 10% tariff on imports. Local industries reliant on international trade may experience price hikes,...
Renovation Projects Transforming New Orleans
News Summary New Orleans is undergoing a wave of exciting renovation and construction projects, set to enhance several key areas throughout the city. From major hotel upgrades to the reuse...
New Orleans Breaks Ground on Affordable Housing Grove Place II
News Summary New Orleans is celebrating the groundbreaking of Grove Place II, which will provide 36 affordable homes in the Hollygrove neighborhood. Led by the Black-owned New Orleans Restoration Properties,...
New Orleans Sees Economic Growth Amid Super Bowl Preparations
News Summary New Orleans is experiencing significant economic growth as it prepares for the Super Bowl on February 9, 2025. With an expected influx of over 70,000 out-of-state visitors, local...
New Orleans Office Market Shows Resilience Amid Challenges
News Summary The New Orleans office market has demonstrated resilience despite the ongoing challenges posed by the COVID-19 pandemic and the rise of remote work. The latest 2024 Greater New...
2024 Greater New Orleans Jobs Report Highlights Economic Shifts
News Summary The 2024 Greater New Orleans Jobs Report reveals significant employment trends, highlighting growth in sectors like digital media and healthcare while addressing challenges in traditional industries such as...
Transformative Redevelopment at 1010 Commons St. in New Orleans
News Summary New Orleans is set to undergo significant changes with the redevelopment of 1010 Commons St. in the Central Business District. A $76 million renovation will convert the office...
New Orleans Embraces a New E-commerce Aggregates Platform
News Summary Benson Capital Partners invests in Hello Gravel, a revolutionary e-commerce platform poised to transform how aggregates like gravel and sand are purchased in New Orleans. Targeting a diverse...
Marketing
No posts found!
Real Estate
Seth Knudsen Appointed New President and CEO of DDD New Orleans
News Summary Seth Knudsen has been appointed as the new President and CEO of the Downtown Development District (DDD) of New Orleans, taking over on May 6. With over 20...
East Jefferson Real Estate Transactions: April 25 to May 2
News Summary During the week of April 25 to May 2, East Jefferson’s real estate market experienced significant activity with numerous property transactions across various price ranges. Key highlights include...
Orleans Parish School Board to Auction Historic Properties
News Summary The Orleans Parish School Board will auction seven properties, including the historic L.E. Rabouin Memorial School, on April 30, 2025, amidst a $50 million budget deficit. The previous...
Luxurious Historic Homes for Sale in New Orleans’ Golden Rectangle
News Summary As of May 2, 2025, New Orleans is showcasing a collection of luxurious historic homes in the desirable Golden Rectangle neighborhood. These homes blend classic architecture with modern...
Renovation Projects Transforming New Orleans
News Summary New Orleans is undergoing a wave of exciting renovation and construction projects, set to enhance several key areas throughout the city. From major hotel upgrades to the reuse...
New Orleans Affordable Housing Investment Announcement
News Summary The Menkiti Group and VPG have announced a partnership to enhance affordable housing in New Orleans by investing in the Arbor Place Apartments in Terrytown. With a commitment...
New Orleans Breaks Ground on Affordable Housing Grove Place II
News Summary New Orleans is celebrating the groundbreaking of Grove Place II, which will provide 36 affordable homes in the Hollygrove neighborhood. Led by the Black-owned New Orleans Restoration Properties,...
Louisiana’s Major Developments in Energy and Transportation
News Summary Louisiana is experiencing significant changes, including the opening of its first hydrogen liquefaction facility, streetlight renovations in the French Quarter, and a new rail service connecting New Orleans...
Property Transactions in East Jefferson: April 11-16
News Summary From April 11th to 16th, East Jefferson’s real estate market buzzed with activity. Notable transactions included properties sold in Harahan, Jefferson, Kenner, Metairie, and River Ridge. These sales...
