The Supreme Court ruled that the victims of former Texas tycoon R. Allen Stanford's massive Ponzi scheme can go forward with class-action lawsuits.» Read More
BATON ROUGE, La.-- Technology and engineering firm The Shaw Group Inc. said Friday that it turned a profit in its fiscal fourth quarter. In the recent quarter Shaw agreed to be acquired by Chicago Bridge& Iron NV for about $3.2 billion. In the quarter ended Aug. 31, Shaw Group earned $113.2 million, or $1.68 per share.
KEY WEST, Fla.-- Delta Air Lines Inc. and U.S. Airways are planning to begin nonstop seasonal service between Key West and both New York City and Washington D.C. in time for the Christmas travel season. U.S. Airways is a unit of US Airways Group Inc..
NEW ORLEANS-- Gamblers lost nearly $199.7 million at Louisiana's state licensed casinos in September, up from $188 million for August and $196.6 million for September of last year.
NEW YORK-- Three small, silver spoons elegantly engraved with the words "Waldorf Astoria" have come full circle: Stolen eight decades ago by an employee of the famed hotel, they passed through two Brooklyn homes and another three in New Jersey.
NEW ORLEANS-- McMoRan Exploration Co. said Friday its third-quarter loss swelled to $64 million, hurt by a jump in exploration costs and a drop in oil and gas production stemming for Hurricane Isaac. The New Orleans- based company's loss amounted to 40 cents per share and compared with a loss of $9.4 million, or 6 cents per share, in the same quarter last year.
NEW ORLEANS-- A sheen on the Gulf of Mexico likely came from oil seeping out of a piece of discarded equipment that failed to contain BP PLC's massive 2010 oil spill, the company and the Coast Guard said Thursday. The Coast Guard said oil samples collected on Wednesday will be analyzed to determine if the container is the source of the sheen.
COVINGTON, La.-- Pool Corp., a distributor of swimming pool and backyard supplies, said Thursday that its net income fell 12 percent in the third quarter on an impairment charge related to its U.K. business. Pool wrote down the value of its U.K. business by $6.9 million during the quarter.
Go Daddy on Thursday announced it had signed New York agency Deutsch Inc. to produce its two 30- second Super Bowl spots, the first time the website domain provider has gone outside for the ads it has done itself since 2005..
BATON ROUGE, La.-- Lawmakers scrapped a planned vote Thursday on Louisiana Gov. The delay was announced a day before the scheduled hearing of the House and Senate budget committees to review the proposed contract between the Office of Group Benefits and Blue Cross/Blue Shield.
JACKSON, Miss.-- A line of severe storms packing strong winds and possible tornadoes swept across the Southeast overnight, injuring four people in Mississippi, downing power lines and trees and damaging homes around the region, authorities said early Thursday. At least six northern counties in Mississippi reported damage, Rent said.
NEW ORLEANS-- The U.S. Department of Energy says it needs more time to consider an environmental group's objections to a Texas company's plans to build an export terminal for liquefied natural gas in southwest Louisiana.
JACKSON, Miss.-- Mississippi has long been one of the sickest and poorest states in America, with some of the highest rates of obesity, diabetes and heart disease and more than 1 in 7 residents without insurance. And so you might think Mississippi would jump at the prospect of billions of federal dollars to expand Medicaid.
BATON ROUGE, La.-- Specialty chemical maker Albemarle Corp. said on Wednesday that its third-quarter net income fell 14.5 percent and warned that the fourth quarter will be even more difficult. The company said it earned $99.3 million, or $1.10 per share, for the quarter that ended Sept. 30. That was down from $116.1 million, or $1.28, during the same period last year.
NEW ORLEANS-- The NFL is again urging a federal judge to avoid interfering in Commissioner Roger Goodell's efforts to discipline four players for the Saints' cash-for-hits bounty pool.
BATON ROUGE, La.-- Most property owners whose homes or other structures were damaged during Hurricane Isaac have approaching deadlines for filing claims for their flood-related losses. Hurricane Isaac made first landfall in Louisiana Aug. 28.
Read ahead to see what they are, and find out what employment data, industries and companies are located there to make them top destination states.
DALLAS-- Federal health officials say a Dallas- based meat distributor is recalling about 8,200 pounds of beef and pork products because they weren't inspected and were improperly labeled.
NEW ORLEANS-- A federal magistrate judge has ordered NFL Commissioner Roger Goodell to provide the court with documents related to the league's bounty investigation of the New Orleans Saints. NFL spokesman Greg Aiello said league officials have already discussed the order with Knowles and have agreed to comply.
A source familiar with Super Bowl XLVII told The Associated Press the Grammy-winning diva will take the stage at the halftime show on Feb. 3, 2013, at the Mercedes-Benz Superdome in New Orleans. The 31- year-old sang the national anthem at Super Bowl XXXVIII in 2004 in her hometown of Houston when the New England Patriots defeated the Carolina Panthers.
BATON ROUGE, La.-- Homeowners and renters have been approved for $105 million in individual aid from the Federal Emergency Management Agency since Hurricane Isaac. Another $19 million has been provided for other types of individual assistance, according to FEMA. FEMA spokesman Ray Perez provided the latest figures Monday.