Nearly nine years later, the city of New Orleans is about 80 percent recovered from the devastating effects of Hurricane Katrina, Mayor Mitch Landrieu told CNBC on Friday.» Read More
*BP pays billions in compensation but some claims still unpaid. April 18- Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.
NEW ORLEANS— The U.S. Department of Agriculture says its rural development program is lending $7.1 million to a New Orleans sausage maker and $1.3 million to a Bunkie senior care company.
CHALMETTE, Louisiana— When a BP oil well began gushing crude into the Gulf of Mexico four years ago, fisherman George Barisich used his boat to help clean up the millions of gallons that spewed in what would become the worst offshore spill in U.S. history.
April 9- Hearst TV said on Wednesday it signed an agreement with Dish Network Corp ending a blackout that affected Dish subscribers who could not see programs from ABC, NBC and CBS broadcast affiliate stations in 25 markets. "We appreciate the support and patience of our viewers, advertisers and local communities served by our stations," Hearst said in a statement.
April 9- Dish Network Corp customers in 25 markets across the United States can no longer view programs from ABC, NBC and CBS broadcast affiliate stations due to an impasse between the satellite provider and Hearst Television. Hearst owns 29 local TV broadcast affiliate stations in 25 markets, including Baltimore, Boston and New Orleans.
NEW ORLEANS— The Hulkster showed he can host, 30 years later. Three decades after he took part in the first "WrestleMania" at Madison Square Garden, Hulk Hogan presided over the 30th version of World Wrestling Entertainment's signature event at the Superdome. Vince McMahon had the vision to make this entertainment as big as he did, "Hogan said."
LONDON, April 1- Oh dear! The British High Court judge found the LME's consultation on forcing its warehouse operators to link load-in and load-out rates was "legally unfair". Even the victor of the High Court case, Rusal, has little to crow about.
It's been a robust 12 months of mergers and buyouts. Here's an inside look at four high-profile deals from Facebook-WhatsApp to Warren Buffett's involvement with Heinz.
NEW ORLEANS, March 24- Anadarko Petroleum Corp has sold two-thirds of the capacity of its planned Mozambique liquefied natural gas project to Asian customers and hopes to have the rest sold soon, its chief executive said on Monday.
March 24- Southwest Airlines Co will more than double its flights from Ronald Reagan Washington National Airport this year with new nonstop routes to cities including Akron- Canton, Ohio; Indianapolis and Dallas Love Field, it said on Monday.
Airpnp, based on the very successful Airbnb, is a site that allows people to rent out their bathrooms. Is this for real?
LONDON, March 19- CME Group will launch a physically delivered North American aluminium contract this May. It represents the most credible challenge to the London Metal Exchange's pricing franchise in the global aluminium market since... well, since the CME's previous aluminium contract. It's easy to forget now, but CME has been here before.
LONDON, March 14- Metals markets are nervous that nearly half a million tonnes of hidden zinc may be delivered on the London Metal Exchange next week, shaking a market unsure about the extent of further concealed stocks.
NEW YORK, March 7- Friday's stronger-than-expected payrolls report did more than ease concerns about U.S. economic fundamentals- it also seemed to justify Wall Street's record levels, suggesting the market's uptrend could continue.
NEW YORK/ MEXICO CITY, March 7- The company at the center of an alleged fraud that forced Citigroup Inc to cut its 2013 profit won billions of dollars in contracts from Mexico's state oil monopoly over the past decade, even after Mexican officials and private lawsuits raised red flags about the contractor's activities.
LONDON, March 5- Zinc is on a bull charge. On the London Metal Exchange, three-month metal took out resistance at $2,100 per tonne on Tuesday and has since powered to a one-year high of $2,143.50. The "Street" is in thrall to zinc's bull narrative, a stand-out in an otherwise featureless base metals landscape.
The bill would limit annual increases of any individual policy under the National Flood Insurance Program to 18 percent.
March 4- A divided U.S. appeals court has rejected BP Plc's bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster.
March 3- A divided U.S. appeals court on Monday rejected BP Plc's bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster.
March 3- A divided U.S. appeals court on Monday rejected BP Plc's appeal of a ruling that allowed businesses to recover money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster. By a 2-1 vote, the 5th U.S. Circuit Court of Appeals in New Orleans upheld a Dec. 24 ruling by U.S. District Judge Carl Barbier in New Orleans.