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Top News & Analysis Louisiana

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  • NEW ORLEANS— The latest on the federal oil lease sale Wednesday in the western Gulf of Mexico, off the Texas coast. Exploration president David Rainey says in an email from London, "In BHP Billiton, we believe that the Gulf of Mexico has significant remaining resource to be found." Federal and trade group officials say there's still interest in Gulf of Mexico oil and...

  • Oil lease sale Wednesday for tracts off Texas Wednesday, 19 Aug 2015 | 8:09 AM ET

    NEW ORLEANS— The federal government is offering nearly 22 million acres off the Texas coast to oil and gas developers, though low oil prices are likely to limit interest. The last comparable lease sales in the western Gulf of Mexico brought in $109.1 million and $100.1 million. A March sale in the far more popular central Gulf of Mexico brought the lowest number of...

  • Oil lease sale western Gulf's lowest ever in bids, money Wednesday, 19 Aug 2015 | 4:05 AM ET

    NEW ORLEANS— The smallest oil lease sale ever in the western Gulf of Mexico and one of the smallest in the entire Gulf brought only five bidders Wednesday, with low oil prices limiting interest in the prospects. Officials had expected interest to be down from last year because oil prices are so low, said Mike Celata, acting regional director for the Bureau of Ocean...

  • Nielsen's top programs for Aug. 10-16 Tuesday, 18 Aug 2015 | 5:16 PM ET

    2. "60 Minutes," CBS, 9.55 million. 3. "NCIS," CBS, 8.41 million. 6. "Big Brother", CBS, 6.89 million.

  • WASHINGTON, Aug 18- Republican presidential contender Scott Walker on Tuesday unveiled his healthcare plan: repeal Obamacare and replace it with age-based tax credits that Americans could use to offset the cost of purchasing their own coverage. Under his plan, the Wisconsin governor said he would give up to $3,000 directly to taxpayers to buy health...

  • MINNEAPOLIS— Republican presidential candidate Scott Walker's plan for replacing President Barack Obama's health care law would extend refundable tax credits to help pay for private health insurance based on age instead of income, restructure Medicaid and allow people to shop for insurance across state lines. The Wisconsin governor provided details of...

  • LONDON, Aug 14- You don't hear so much about the load-out queues in the London Metal Exchange's warehouse system these days. It's not that the queues to take delivery of aluminum from Detroit and Vlissingen have disappeared. As of the end of last month the waiting time at Detroit was still 328 days and that at the Dutch port 327 days.

  • States from Alabama to West Virginia that oppose the Obama administration's Clean Power Plan filed for the stay in the U.S. Court of Appeals for the D.C. Circuit and asked for a ruling by Sept. 8, one year before states need to submit compliance plans to the EPA. "This rule is the most far-reaching energy regulation in the nation's history, and the EPA simply does not...

  • The 5th U.S. Circuit Court of Appeals in New Orleans said the Federal Deposit Insurance Corporation could sue Deutsche Bank AG, Goldman Sachs Group Inc and Royal Bank of Scotland Group Plc for making false statements in selling $840 million in mortgage bonds to a failed Texas bank. The court ruled that a federal law passed in 1989 after the savings and loan crisis...

  • Aug 5- CBS Corp, owner of the most-watched U.S. CBS, home to shows such as "Madam Secretary", "Scorpion", and "NCIS: New Orleans, said revenue from affiliates and subscription fees jumped 28.3 percent in the second quarter ended June 30. CBS, in addition to its TV broadcast network, owns cable channels Showtime and CBS Sports Network, radio stations and the Simon& Schuster...

  • WASHINGTON, Aug 3- Dreams that a cap-and-trade market could become a force for lowering carbon emissions died in the U.S. Senate in 2010, scuttled by politics and a bad economy. Northeast and California that already have carbon markets by giving them credit for their early actions. "To understate it, there has been a reticence to discuss cap and trade policies in...

  • LONDON, Aug 3- Volatility has returned to zinc spreads on the London Metal Exchange. Things have quietened down a little today but there is plenty of potential for more fun and games on the nearby spreads ahead of Aug. 19, this month's third-Wednesday prime prompt date. The outright three-month price is still sliding, touching a low point of $1,882.50 this morning,...

  • WASHINGTON, July 31- The U.S. Environmental Protection Agency will unveil as soon as Monday the final version of a sweeping- and controversial- regulation to cut carbon emissions from the electricity sector. Among other things: The EPA is expected to push back the rule's start date by two years to 2022, according to a slide posted by the agency briefly on its...

  • WASHINGTON, July 31- The U.S. Environmental Protection Agency will unveil as soon as Monday the final version of a sweeping- and controversial- regulation to cut carbon emissions from the electricity sector. Among other things: The EPA is expected to push back the rule's start date by two years to 2022, according to a slide posted by the agency briefly on its...

  • SAN FRANCISCO, July 30- Location-tracking devices that communicate with a major satellite network operated by Globalstar Inc can have their transmissions intercepted or mimicked with false data, a U.S. security researcher said on Thursday. Globalstar, of Covington, Louisiana, has sold hundreds of thousands or millions of the devices, which are widely used for...

  • WASHINGTON, July 28- Leaders in the U.S. House of Representatives plan to pass a three-month extension of federal transportation funding before leaving Washington on recess, which they could do as early as Wednesday, two Republican lawmakers said on Tuesday. After a meeting with Republican leaders, Representatives John Fleming of Louisiana and Todd Rokita of...

  • TULSA, Oklahoma, July 28- The rebound in U.S. jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sun belt hubs like Florida pick up the slack. Riding the shale oil and gas boom, Texas, Louisiana, Oklahoma and three other states made an outsized...

  • NEW SHOREHAM, Rhode Island, July 27- Rhode Island's Deepwater Wind began installing the foundations for North America's first offshore wind farm on Monday, a milestone the company says could pave the way for an industry long established in Europe but still struggling with opposition in the United States. "Our belief is once Block Island is up and running, it will...

  • NEW SHOREHAM, Rhode Island, July 27- Rhode Island's Deepwater Wind will start installing the foundations for North America's first offshore wind farm on Monday, a milestone the company says could pave the way for an industry long established in Europe but that is still struggling with opposition in the United States. "Our belief is once Block Island is up and...

  • LOS ANGELES, July 26- Adam Sandler's star appears to have dimmed significantly, after "Pixels," a slice of arcade game nostalgia that recruited the likes of Pac-Man and Donkey Kong to appear alongside the funnyman, opened to a disappointing $24 million at the domestic box office. That marks the weakest chart-topping performance since April 24 when "Furious 7," then...