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  • First NBC Bank posts 4Q profit Friday, 30 Jan 2015 | 4:19 PM ET

    NEW ORLEANS _ First NBC Bank Holding Co. on Friday reported fourth-quarter profit of $15.3 million. The holding company for First NBC Bank posted revenue of $27.4 million in the period. First NBC Bank shares have fallen 12 percent since the beginning of the year.

  • Born in New Orleans as Dwayne Michael Carter Jr., the 32- year-old rapper said in the lawsuit that his relationship with the label has been deteriorating over the last four years, with Cash Money failing to live up to contractual promises regarding monthly accounting statements and the timely payment of profits owed to Lil Wayne. The lawsuit said the problems...

  • Branson AirExpress to fly from Cincinnati-area airport Wednesday, 28 Jan 2015 | 2:05 PM ET

    CINCINNATI— Branson AirExpress is set this spring to start flights from the Cincinnati/Northern Kentucky International Airport to destinations including New Orleans and cities in Missouri and Mexico. They say the airline operated by Orange Air will start flights to New Orleans and to Branson, Missouri, and Cancun, Mexico, on May 7. The airline says it will...

  • NEW ORLEANS— The collapse in world oil prices claimed a casualty in Louisiana's vital energy industry Wednesday when South Africa- based Sasol announced a delay in final investment plans for a $14 billion plant that would convert natural gas into liquid fuels. The plant near Lake Charles in southwestern Louisiana was expected to create hundreds of permanent...

  • NEW ORLEANS— An executive for the BP subsidiary that faces billions of dollars in possible fines for the 2010 Gulf of Mexico oil spill testified Tuesday that it is uncertain whether other BP entities would step in to help pay a steep penalty. The day's first witness was Richard Morrison, regional president and chairman of the board for BP Exploration and...

  • We decided they probably would be easy to love together. So we decided to combine them. In honor of Mardi Gras, we created a muffaletta flatbread, a basic thin-crust pizza topped with all the classic ingredients of New Orleans' beloved muffaletta sandwich.

  • NEW ORLEANS— A historic cemetery that may have begun the New Orleans tradition of above-ground crypts will soon be off-limits to tourists wandering about on their own because of tomb vandalism, the Catholic archdiocese that owns the property announced. Louis Cemetery No. 1 and its labyrinth of mausoleums will be restricted to relatives of the dead buried...

  • U.S. Supreme Court rejects BP executive's appeal Monday, 26 Jan 2015 | 9:41 AM ET

    WASHINGTON, Jan 26- The U.S. Supreme Court on Monday declined to hear an appeal by a former BP Plc executive who contested whether he can be charged with obstruction of Congress for downplaying the severity of the 2010 Gulf of Mexico oil spill. Prosecutors say David Rainey misled members of Congress over the amount of oil spilled in the April 2010 Deepwater...

  • "They were very prepared," said Frank Paskewich, a retired Coast Guard captain and president of Clean Gulf Associates Inc., an oil spill response cooperative. And Justice Department attorney Brandon Robers noted that his cooperative is funded by oil companies and led in part by BP. BP PLC's overall market value is $122 billion, but its lawyers have said that paying...

  • The threats against Delta Air Lines flight 1156, coming from Portland, Oregon, and Southwest Airlines flight 2492, from Milwaukee, were deemed credible, said airport spokesman Reese McCranie. No bomb was found aboard the Delta flight while the Southwest flight was still being searched by explosives units, Federal Bureau of Investigation spokesman Special...

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • NEW YORK— Except for CBS, the broadcast networks mostly closed up shop last week. At least, that's the suggestion from Nielsen, which says the average prime-time audience for CBS matched the total viewership for ABC, Fox and NBC. Meanwhile, CBS logged a dozen of the week's Top 20 shows and Fox scored three, effectively shutting out ABC and NBC.

  • Past, future effects of oil argued in BP penalty trial Wednesday, 21 Jan 2015 | 10:33 AM ET

    NEW ORLEANS— Environmental researchers and BP attorneys sparred Wednesday over the potential effects of the 2010 Gulf oil spill in a trial aimed at determining whether the oil giant should be made to pay some $13.7 billion in Clean Water Act penalties. Stanley Rice, a retired National Oceanic and Atmospheric Administration toxicology expert, was critical of...

  • NEW ORLEANS— Images of oil-coated birds and testimony about "widespread sociocultural harm" opened the third phase of a trial to establish penalties BP must pay under the federal Clean Water Act for spilling millions of barrels of crude into the Gulf of Mexico in 2010.. The pollution caused by the Deepwater Horizon explosion not only killed wildlife, but...

  • HOUSTON/ LONDON, Jan 16- BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion dollars less than feared, after a judge ruled that it was smaller than the U.S. government claimed. BP's stock rose 2.4 percent in London by 0920 GMT on Friday, outperforming the broader energy index, as investors worried...

  • HOUSTON, Jan 15- BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion less than feared, after a judge found on Thursday the size of the spill was smaller than the U.S. government claimed. The ruling by federal magistrate Carl Barbier put the size of the worst offshore spill in U.S. history in 2010 at...

  • Jan 9- BP Plc and Anadarko Petroleum Corp narrowly failed to persuade a U.S appeals court to reconsider its 2014 ruling that they could face civil fines under federal pollution laws over the 2010 Gulf of Mexico oil spill. By a 7-6 vote, the 5th U.S. Circuit Court of Appeals let stand a three-judge panel's decision to uphold a 2012 ruling from U.S.

  • Home@ LONDON, Jan 7- A new year it may be but the London Metal Exchange will spend a large part of it grappling with the same old problems afflicting its global warehousing system. Waiting times to remove metal from log-jammed locations will have flexed out again over the course of December, given last month's large cancellations of aluminium at the Dutch port of...

  • The backlog to remove aluminium from Detroit, the most acutely impacted location, shrank by 30 days to 641 days, while the wait to remove other metals stuck behind the wall of aluminium fell from 111 to 93 days. A "flash" queue to load out zinc at New Orleans, meanwhile, almost disappeared in November, dwindling to just 10 days from 71 days at the end of September.

  • NEW YORK, Dec 12- "Will they or won't they?" Client notes from Goldman Sachs, Citi and Bank of America/Merrill Lynch this week deal with expectations for the removal of the wording, roughly agreeing that however close the call is, it is more likely than not that the phrase will go away. "They are going to remove it; I don't think is going to keep it in there just because of what...