Top News & Analysis Louisiana

  • Sept 20- Wells Fargo& Co's chief executive officer told a Senate panel on Tuesday that customers who had bogus accounts opened in their name will be made whole and compensated for any damage to their credit rating, but some Democratic senators called for his resignation. Under fire, CEO John Stumpf told the Senate Banking Committee he has told his managers to do "...

  • RENO, Nev.— Eldorado Resorts has agreed to buy Missouri- based Isle of Capri Casinos for $1.7 billion in combined stocks and cash, a move that will add 13 casino-resorts to the Reno- based company's portfolio. The company based in the St. Louis area operates 14 casino properties in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri and Pennsylvania.

  • WASHINGTON, Sept 20- U.S. housing starts fell more than expected in August likely as bad weather disrupted building activity in the South, but a solid increase in permits for single-family dwellings suggested demand for housing remained intact. Economists said flooding in Texas and Louisiana was probably behind the drop in starts last month.

  • In a statement, Whole Foods said there was no allegation or finding by the EPA that it improperly disposed of hazardous wastes, but that it addressed "record keeping" with regard to hazardous waste in its stores. A copy of the settlement agreement said the EPA concluded that Whole Foods "failed to make a sufficient hazardous waste determination."

  • ATLANTA— Gasoline should begin flowing again Wednesday— through a temporary bypass on a critical pipeline— after a major leak in Alabama forced a shutdown that led to surging fuel prices and scattered gas shortages across the South, a company official said Tuesday. The roughly 500- foot section of pipe serving as the bypass is now complete, but supply...

  • CenturyLink says it is cutting more than 3,000 jobs to lower its costs. CenturyLink Inc. said it is seeking to first trim its headcount on a voluntary basis. Company spokesman Mark Molzen said most of the layoffs are expected to be done by Dec. 16.

  • The owners and four officials of a company that abandoned 7,800 tons of potentially explosive artillery propellant in northwest Louisiana have pleaded not guilty to federal charges. The owners are David Perry Fincher of Burns, Tennessee, and David Alan Smith of Winchester, Kentucky. The officials, all from northwest Louisiana, are William Terry Wright of...

  • The trial date for the Explo Systems Inc. owners and executives will be set at a status conference scheduled Dec. 13, KSLA-TV reported. The owners are David Perry Fincher of Burns, Tennessee, and David Alan Smith of Winchester, Kentucky. The officials, all from northwest Louisiana, are William Terry Wright of Bossier City, Charles Ferris Callihan of Shreveport, and...

  • The shortage is blamed on a pipeline rupture and leak of at least 252,000 gallons of gas in Alabama. Colonial Pipeline said supplies have either been delivered or are on their way to locations in Alabama, Georgia, Tennessee, South Carolina, and North Carolina. Alpharetta, Georgia- based Colonial has acknowledged that between 252,000 gallons and 336,000 gallons...

  • Sept 16- A sinkhole spanning 45 feet in diameter opened at a Mosaic Co phosphate fertilizer facility in Florida, leaking 215 million gallons of "slightly radioactive water," a company spokesman said on Friday. The Minnesota- based company immediately reported the incident to state and federal environmental authorities, Mosaic spokesman Ben Pratt said on...

  • DALLAS— Motorists in the Southeast and East could pay more for gasoline in coming days because of the shutdown of a leaking pipeline in Alabama. It is one of two major pipelines that connect more than two dozen refineries in Texas and Louisiana with cities in the East, from Atlanta to New York. Colonial said that supply disruptions would be felt first in Georgia,...

  • WASHINGTON, Sept 15- President Barack Obama will meet with a group of business and government leaders on Friday morning to discuss the economic and security benefits of the proposed Trans-Pacific Partnership trade pact, the White House said. "Tomorrow's discussion is an opportunity for the president to hear directly from a diverse coalition of experts and...

  • WASHINGTON— A last-minute deal between conservatives and GOP leaders in the House averted votes expected Thursday on a measure to impeach the commissioner of the IRS. Instead, IRS Commissioner John Koskinen will testify before Congress next week. The conservative House Freedom Caucus celebrated the development as a victory, as conservatives had long...

  • Arpaio denies the claims and is easily capable of striking back with a formidable $2.9 million still available for campaign spending ahead of the Nov. 8 vote, dwarfing the total $326,000 raised by his challenger, Democrat Paul Penzone, a former Phoenix police sergeant who lost to Arpaio by 6 percentage points in 2012.. Over the last year, Soros contributed $3.9...

  • "My hope is that by the time Congress adjourns before the election that we will have an agreement in place to fund the government and that our Zika funding will be taken care of," Obama told reporters in the Oval Office. Obama said he hoped Congress can make "modest progress" before the Nov. 8 elections and he was "even more hopeful we can get some things done," after them.

  • Obama, who met with Republican Majority Leader Mitch McConnell and Republican House Speaker Paul Ryan and their Democratic counterparts at the White House, said he was also hopeful about reaching agreements with Congress on funding for the Zika virus and for disaster relief in Louisiana which suffered flooding recently.

  • Sept 12- An engine failure on a Southwest Airlines Co jet on Aug. 27 released debris that tore a 5 inch by 16 inch hole in the plane before it made a safe emergency landing in Pensacola, Florida, U.S. crash investigators said on Monday. The plane, bound from New Orleans to Orlando with 99 passengers and five crew members aboard, lost cabin pressure and safely diverted to...

  • *Bank of England seen on hold after Aug stimulus. LONDON, Sept 11- The Bank of England holds a monetary policy meeting on Thursday as more hard economic numbers trickle in following June's Brexit shock, while U.S. data and a speech by policymaker Lael Brainard will give Fed-watchers food for thought. Speaking to lawmakers on Sept. 7, Governor Mark Carney defended the...

  • *Separate deals may be needed for OPEC, non- OPEC- Algeria oilmin. Traders cited hopes for a global deal on stabilizing crude output after Saudi Arabia, the leading oil producer inside OPEC, and Russia, the biggest producer outside the group, agreed on Monday to cooperate in oversupplied markets. Brent crude was down $1.73 at $48.26 a barrel by 1:24 p.m. ET after...

  • *Separate deals may be needed for OPEC, non- OPEC- Algerian oilmin. Still, the market was on course to gain nearly 5 percent, its first weekly gain in three weeks, on hopes for a global deal on stabilizing crude output after Saudi Arabia, the leading oil producer inside OPEC, and Russia, the biggest producer outside the group, agreed on Monday to cooperate in oversupplied...