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
Cinnaholic to Open First Location in New Orleans
News Summary Cinnaholic, a renowned vegan cinnamon roll bakery, is set to open its first location in Louisiana at 4921 Freret St, New Orleans, on June 27. To celebrate, they...
Kahn Swick & Foti Investigates SigmaTron Acquisition Proposal
News Summary Kahn Swick & Foti, led by former Louisiana Attorney General Charles C. Foti, Jr., investigates the proposed acquisition of SigmaTron International by Transom Capital Group. Shareholders are offered...
Louisiana Invests $610 Million in Higher Education Infrastructure
News Summary Louisiana’s colleges and universities are set to receive a significant financial boost with the state’s allocation of approximately $610 million for construction projects in fiscal year 2025-26. The...
HRI Hospitality Adds Hilton New Orleans to Its Portfolio
News Summary HRI Hospitality has announced the addition of Hilton New Orleans St. Charles Avenue to its portfolio. Set for renovation in 2026, the hotel combines modern comforts with historical...
Louisiana Housing Market Faces Further Declines
News Summary A recent study reveals that Louisiana’s housing market continues to struggle, with major cities like New Orleans expected to see significant drops in home values. This decline is...
Challenges Facing New Orleans Real Estate Market
News Summary A recent study reveals that New Orleans ranks last among U.S. cities for residential real estate, with home values significantly below long-term trends. Despite pockets of price increases,...
Historic Bayou St. John Loft Hits Market
News Summary A distinctive loft in Bayou St. John, blending historic architecture with modern artistry, is on the market for $775,000. The transformed space includes elements from its past as...
Metairie Welcomes First Mango Store in Louisiana
News Summary The first Mango store in Louisiana has opened at the Lakeside Shopping Center in Metairie. This new location, featuring a Mediterranean-inspired design, aims to enhance the retail offerings...
Investigation Launched into Proposed Sale of Verve Therapeutics
News Summary An investigation into the sale of Verve Therapeutics to Eli Lilly has been initiated by Kahn Swick & Foti, assessing whether the $10.50 per share offer is adequate...
Finance
Kahn Swick & Foti Investigates SigmaTron Acquisition Proposal
News Summary Kahn Swick & Foti, led by former Louisiana Attorney General Charles C. Foti, Jr., investigates the proposed acquisition of SigmaTron International by Transom Capital Group. Shareholders are offered...
Louisiana Housing Market Faces Further Declines
News Summary A recent study reveals that Louisiana’s housing market continues to struggle, with major cities like New Orleans expected to see significant drops in home values. This decline is...
Investigation Launched into Proposed Sale of Verve Therapeutics
News Summary An investigation into the sale of Verve Therapeutics to Eli Lilly has been initiated by Kahn Swick & Foti, assessing whether the $10.50 per share offer is adequate...
Home Buyer Louisiana Transforms New Orleans Housing Market
News Summary Home Buyer Louisiana has made significant contributions to revitalizing distressed neighborhoods in New Orleans, celebrating its 200th deal focused on restoring vacant homes. The company bridges legal complexities...
New Orleans Saints Navigate Salary Cap Challenges
News Summary The New Orleans Saints are faced with pressing salary cap challenges, aiming to clear about $43 million by March 12, 2025, due to various roster adjustments. With key...
Churchill Downs Inc. Surrenders Fair Grounds Licenses
News Summary Churchill Downs Inc. has decided to give up its racing and off-track betting licenses for the Fair Grounds Race & Slots, driven by severe financial challenges and a...
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...
CONSTRUCTION
Louisiana Invests $610 Million in Higher Education Infrastructure
News Summary Louisiana’s colleges and universities are set to receive a significant financial boost with the state’s allocation of approximately $610 million for construction projects in fiscal year 2025-26. The...
Governor Landry Advocates for Louisiana International Terminal
News Summary Governor Jeff Landry has reaffirmed his support for the Louisiana International Terminal (LIT), a project poised to create thousands of jobs and boost the state’s economy. Council meetings...
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...
Marketing
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Real Estate
Louisiana Housing Market Faces Further Declines
News Summary A recent study reveals that Louisiana’s housing market continues to struggle, with major cities like New Orleans expected to see significant drops in home values. This decline is...
Challenges Facing New Orleans Real Estate Market
News Summary A recent study reveals that New Orleans ranks last among U.S. cities for residential real estate, with home values significantly below long-term trends. Despite pockets of price increases,...
Historic Bayou St. John Loft Hits Market
News Summary A distinctive loft in Bayou St. John, blending historic architecture with modern artistry, is on the market for $775,000. The transformed space includes elements from its past as...
Home Buyer Louisiana Transforms New Orleans Housing Market
News Summary Home Buyer Louisiana has made significant contributions to revitalizing distressed neighborhoods in New Orleans, celebrating its 200th deal focused on restoring vacant homes. The company bridges legal complexities...
Rêve Realtors Expands with New Office in Covington
News Summary Rêve Realtors is set to enhance its presence in the Greater New Orleans area by opening a new office in Covington. This expansion includes the incorporation of the...
Historic Uptown New Orleans Home Achieves Record Sale
News Summary A beautifully renovated historic home at 389 Broadway St. in Uptown New Orleans sold for $2,495,000, equaling its list price. The 4,587 sq. ft. property, featuring extensive renovations...
New Orleans Real Estate Market Shows Mixed Signals
News Summary The residential real estate market in New Orleans is reflecting mixed signals as May 2025 shows an increase in average home sales price to $368,907 while closed sales...
Churchill Downs Inc. Surrenders Fair Grounds Licenses
News Summary Churchill Downs Inc. has decided to give up its racing and off-track betting licenses for the Fair Grounds Race & Slots, driven by severe financial challenges and a...
Revitalization Plans for Bayou St. John with Lafitte Market
News Summary New Orleans is gearing up for a transformative development as Sidney Torres IV collaborates with Paul Flower and Bill Hoffman on a $160 million mixed-use project near Bayou...
