JACKSON, Miss.-- An Oklahoma Indian tribe is moving forward with buying the DiamondJacks casinos in Bossier City, La., and Vicksburg, Miss.. Wilmington Trust, a Delaware institution, leads a syndicate holding $181 million in secured debt with the first claim on Legends assets.
LAS VEGAS-- Shares of Pinnacle Entertainment hit annual highs Wednesday after the casino operator halved its losses for the third quarter and beat Wall Street expectations. Pinnacle Entertainment Inc. owns and runs a total of seven casinos, in Louisiana, Missouri, and Indiana, as well as a racetrack in Ohio.
GEISMAR, La.-- BASF is building a formic acid production plant in Louisiana's Ascension Parish that will create 20 new jobs. Bobby Jindal and company executives were at the groundbreaking Tuesday, at the company's 2,600- acre complex in Geismar, which is home to nearly two dozen chemical plants.
The national average for a gallon of gas has dropped 13 cents in the past week to $3.625. That's the biggest weekly decline since the 7- day period ended Nov. 28, 2008, according to Oil Price Information Services analyst Fred Rozell. Rozell says gas has averaged $3.65 so far this year, 10 cents above the record set in 2011..
Oct 23- A federal appeals court on Tuesday reinstated a $9.2 million securities arbitration ruling against Morgan Keegan& Co stemming from a group of bond funds that became the subject of a civil fraud action by regulators.
WASHINGTON, Oct 23- The U.S. Energy Department needs to explain how it will determine whether to allow more exports of the nation's bountiful supplies of natural gas, a top Democrat on the Senate Energy Committee, said on Tue sday.
WASHINGTON, Oct 23- The U.S. Energy Department needs to explain how it will determine whether to allow more exports of the nation's bountiful supplies of natural gas, Senator Ron Wyden, a top Democrat on the Senate Energy Committee, said on T ues day.
*Sluggish demand in China, more stimulus unlikely now. LONDON, Oct 23- Copper slid to a six-week low on Tuesday, giving up more gains from its September rally, as a strong dollar, renewed worries over Spain's sovereign debt and a lack of robust demand from China knocked investor risk appetite.
NEW ORLEANS-- Oil giant BP has asked a federal judge to disregard objections from a fraction of claimants and give final approval to a proposed multibillion-dollar settlement over economic damages from the Gulf oil spill.
NEW ORLEANS-- The U.S. Small Business Administration will close three recovery centers in Louisiana that were opened to help residents affected by Hurricane Isaac.
NEW ORLEANS-- Dwayne Boudreaux's memories of the Circle Food Store in New Orleans 7th Ward neighborhood are so vivid he can walk through its colonnade of arches into the dark and empty shell and give a guided tour of how it was before Hurricane Katrina.
Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,410 rigs were exploring for oil and 427 were searching for gas. A year ago, Baker Hughes listed 2,013 rigs. Of the major oil- and gas-producing states, Alaska gained five rigs while Arkansas, Colorado and North Dakota rose by two each.
September was the second month in a row the unemployment rate dropped in Louisiana, after no improvement since January, when joblessness hit a post-recession low of 6.9 percent. Louisiana had a 7.2 percent unemployment rate in September 2011. In September 2011, the state had 148,000 unemployed people.
_ it's billboards to speak out against a Pittsburgh City Council plan to tax the message board. Lamar Advertising of Baton Rouge, La., is targeting the council members who are proposing the 10- percent tax, Natalia Rudiak and Darlene Harris.
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.