New Orleans became the first U.S. city to effectively eliminate veteran homelessness, the Christian Science Monitor reports.» Read More
HOUSTON, Sept 2- BP Plc asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying the lawyer had not disclosed an alleged conflict of interest before taking the job. "In order to restore the integrity of the claims program, the court should replace him," BP said.
Sept 2- Halliburton Co, North America's top oilfield services provider, said it reached a $1.1 billion settlement for a majority of claims related to its role in BP Plc's oil spill in the Gulf of Mexico in 2010.. The settlement, which includes legal fees, is subject to approval by the U.S. District Court for the Eastern District of Louisiana, Halliburton said.
At a dinner for media, McDonald's offered fine cuisine dishes as part of a campaign to shake its reputation for serving cheap, unhealthy food.
LONDON, Aug 15- The bears are massing in the London copper market. On the London Metal Exchange benchmark three-month metal has this week tumbled out of its tight $6,950- 7,200 per tonne range to hit a two-month low of $6,821 on Thursday.
SYDNEY, Aug 12- London copper steadied on Tuesday not far from six-week lows, as worries eased over geopolitical tensions in Iraq and Ukraine that could hold back global growth and dent the demand outlook for metals.
SYDNEY, Aug 12- London copper skidded to within sight of its lowest since June on Tuesday, as concerns over geopolitical tensions in Iraq and Ukraine clouded the outlook for demand amid thin summer trade.
LONDON, Aug 11- Zinc bulls, and there are plenty, have just received another lesson in the perils of timing. One stand-out of the first Commitments of Traders report issued last week by the London Metal Exchange was the speculative positioning in the exchange's zinc contract.
A new Virginia-based airline will charge for overhead bin space, as well as all on-board beverages.
Reviving the name of an old low-cost airline, PEOPLExpress aims to offer service on routes that have disappeared amid consolidation.
One of the oldest galvanizers in the United States accused Goldman Sachs, JPMorgan Chase, the LME and metal warehouse operators of conspiring since 2010 to manipulate the U.S. zinc price.
You knew about the music and food already, but the tech industry might be in the process of shaking up the economy of New Orleans.
PayPal said Saturday that Rakesh Agrawal has left following a series of late-night tweets that among other things, insulted other PayPal executives.
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.
What you have now is a much more entrepreneurial spirit, say Mayor Mitch Landrieu, New Orleans mayor, discussing the revitalization of the Big Easy.
CNBC's Andrew Ross Sorkin heads to the bayou to feed marshmallows to alligators.
Eileen Nugent, Skadden, Arps, Slate, Meagher & Flom, and Robert Spatt, , Simpson Thacher & Bartlett, discuss go-shop deals in the M&A environment and the latest LBO buzz from New Orleans.
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.
Airpnp, based on the very successful Airbnb, is a site that allows people to rent out their bathrooms. Is this for real?
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.
The Port of New Orleans is back in business after the coast guard reopened a portion of the Mississippi River. Gary LaGrange, Port of New Orleans CEO says the coast guard did an excellent job.