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Top News & Analysis Louisiana

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  • NEW YORK, July 24- American high school students walk through metal detectors each day. The Metropolitan Opera in New York searches the bags and purses of patrons each night, and air travel involves long lines and security checks. "Owners do not want the experience at their theater to be a negative one, and going through a metal detector and having their bags checked...

  • BOSTON— A day after the country's second major theater shooting in recent history, some rattled observers shunned future movie outings, but others on Friday kept lining up at box offices around the country and vowed not to be kept away by fear. "You can't live your life like it's always going to happen," said Aaron Dicks, 31, who was at an AMC theater in Roseville,...

  • NEW YORK, July 24- French oil major Total S.A. is selling a 50 percent stake in its sole U.S. refinery in Port Arthur, Texas, and has retained investment bank Lazard to advise on the deal, according to a source familiar with the matter. Lazard and Total both declined to comment. In June, Exxon Mobil Corp and Petroleos de Venezuela SA sold their 192,500 bpd Chalmette,...

  • Re-trial date to be set next week for ex-BP engineer Friday, 24 Jul 2015 | 5:12 AM ET

    NEW ORLEANS— A former BP engineer who won a new trial in a criminal case arising from the 2010 Gulf of Mexico oil spill is expected to learn the date of that trial next week. Federal prosecutors accused Kurt Mix of deleting text messages about the amount of oil flowing from BP's Macondo well after the Deepwater Horizon disaster. The New Orleans- based federal judge...

  • LAFAYETTE, La.— CORRECTS: Police: Louisiana movie theater shooter identified as John Russel Houser.

  • LAS VEGAS— A deal involving Pinnacle Entertainment is the latest example of a casino company separating its gambling operations from its real estate to generate cash. Las Vegas- based Pinnacle announced this week it would sell most of its casino-hotels to a real estate investment trust, Pennsylvania- based Gaming and Leisure Properties Inc., in an all-stock...

  • The Small Business Administration's 7 loan reached the limit set by Congress on the amount of money it can guarantee in a fiscal year. At midday Thursday, the agency reached the $18.75 billion limit set by Congress on the amount of 7 loans it can guarantee in a fiscal year, with more than two months to go before the year ends Sept. 30. Congress must raise the 7 ceiling...

  • LONGVIEW, Texas— The biggest shipment ever received at the Port of Caddo- Bossier in Louisiana has reached its destination— a chemical plant in East Texas. An official with Eastman Chemical Company says the 303- ton piece of equipment arrived Thursday afternoon in Longview. The unit was made in Asia and hauled by barge from the Port of New Orleans to Shreveport, via...

  • Senate panel would allow marijuana vendors to use banks Thursday, 23 Jul 2015 | 3:22 PM ET

    WASHINGTON— A Senate panel voted Thursday to make it easier for businesses that legally produce and sell marijuana to do business with banks and other financial services providers. The language had passed the House last year but was taken out during talks with the Senate but has yet to consider the underlying spending bill this year. Three Republicans on the...

  • Culinary tourists driving growth in US tourism Thursday, 23 Jul 2015 | 2:02 PM ET

    MILAN— Culinary tourists are pushing growth in foreign tourism to the United States, which is transforming its image as a fast-food mecca to a land of regional tastes and dishes, said officials visiting the Expo 2015 world's fair focusing on food this week. Foreign tourism to the United States in 2014 rose by 7 percent to over 75 million, contributing $221 million...

  • Pool Corp. meets 2Q profit forecasts Thursday, 23 Jul 2015 | 7:21 AM ET

    COVINGTON, La. _ Pool Corp. on Thursday reported second-quarter net income of $77.9 million. Pool Corp. expects full-year earnings to be $2.72 to $2.82 per share. Pool Corp. shares have climbed 12 percent since the beginning of the year.

  • Iberiabank posts 2Q profit Wednesday, 22 Jul 2015 | 7:27 PM ET

    LAFAYETTE, La. _ Iberiabank Corp. on Wednesday reported second-quarter profit of $30.5 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. Iberiabank shares have risen almost 6 percent since the beginning of the year.

  • The notion, embedded in a House of Representatives bill that passed earlier in July and in a Senate transportation bill proposed on Tuesday, has met with criticism from energy experts and economists, many calling it the right idea, but the wrong time. A drilling revolution in the United States has left oil supplies robust at the Strategic Petroleum Reserve, which...

  • More kids live in poverty now than during recession Tuesday, 21 Jul 2015 | 11:09 AM ET
    Olivia Calhoun, 9, stands outside the Crossing in Denver, CO September 19, 2014. Olivia and her family have lived at the Denver Rescue Mission's transitional program for families, since June 2013.

    Twenty-two percent of American children were living in poverty in 2013 compared with 18 percent in 2008, according to the latest Kids Count Data Book.

  • The Latest: NYC mayor denounces EU over immigration Tuesday, 21 Jul 2015 | 5:19 AM ET

    New York City Mayor Bill de Blasio has denounced the European Union for leaving Italy to deal with waves of immigrants coming from North Africa, saying the EU must come up with a Europe- wide immigration policy. De Blasio, whose grandparents emigrated from Italy to New York, said he was "deeply troubled by the lack of action by the European Union and the way that Italy...

  • ST. PAUL, Minn.— A new report on child welfare that found more U.S. children living in poverty than before the Great Recession belies the fanfare of the nation's economic turnaround. The report, released Tuesday from the child advocacy group the Annie E. Casey Foundation, showed some signs of slight improvement, including high school graduation rates at an all-time...

  • LONDON, July 17- Whoever took all the lead out of the London Metal Exchange warehousing system in the second quarter has just been kind enough to return it. A total 50,475 tonnes of the heavy metal were placed on warrant in the South Korean port of Busan earlier this week. The International Lead and Zinc Study Group assesses lead as being in small 7,000- tonne...

  • Refiners made billions by turning half of that extra supply into products such as gasoline and diesel that could be freely exported to countries including Brazil and Colombia. That is equivalent to the combined imports by Brazil and Ecuador, two of the biggest buyers of U.S. fuel, in the first four months of the year. To be sure, struggling economies, such as...

  • SEOUL/ SINGAPORE, July 16- Asian petrochemical makers are earning near record margins for turning naphtha into ethylene this year as low oil prices cut feedstock costs at the same time that delayed or canceled projects keep the market undersupplied. Asian naphtha crackers- once considered uncompetitive against U.S. and Middle East rivals using natural gas-...

  • NEW ORLEANS, July 14- Signal International will pay $20 million to settle lawsuits alleging fraud and labor trafficking by the Alabama oil rig repair company, which brought hundreds of Indian men to work on the Gulf Coast after Hurricane Katrina, attorneys for the plaintiffs said on Tuesday. "These workers have waited seven long years for justice," Jim Knoepp,...