Top News & Analysis Louisiana

  • Dec 5- U.S. natural gas producer Chesapeake Energy Corp said it would sell a part of its acreage in the Haynesville Shale area for $450 million to a private company. The company said the asset, which is located in northern Louisiana, includes about 78,000 net acres, 40,000 of which is core acreage. Chesapeake in November said it planned to sell more assets this year,...

  • Dec 2- A federal appeals court on Friday threw out an antitrust verdict that ordered medical device maker Becton Dickinson and Co to pay rival Retractable Technologies Inc $340 million in damages over its marketing of safety syringes. The 5th U.S. Circuit Court of Appeals in New Orleans called Retractable's claim that Becton violated the Sherman Act by trying...

  • *Commodities powerhouse has 500,000 T of idled zinc capacity. LONDON, Dec 2- Glencore is still keeping the zinc market guessing over when the company will reactivate its 500,000 tonnes of idled mine capacity. Since the Swiss commodities powerhouse first announced its intention to mothball about 4 percent of global capacity in October 2015 the London zinc...

  • LOS ANGELES/ CHICAGO, Nov 29- Scores of demonstrators were arrested on Tuesday as U.S. fast-food and airport workers led nationwide' Fight for $15' protests calling for higher pay and union rights in their first major action since Donald Trump was elected president. "needs to be held accountable for his promises," said Hector Figueroa, president of 32 BJ, a property...

  • Rallies organized by the union-backed' Fight for $15' group targeted McDonald's Corp restaurants in several major cities. Baggage handlers and janitors at Chicago's O'Hare and Boston's Logan airports also demonstrated in support of starting pay of $15 per hour. "When we started demanding $15... people thought we were crazy, but we were just demanding the basic...

  • Activist hedge fund Clinton Group, which has not disclosed the size of its holding in the small bank, first began agitating for changes early this month. A spokesman for First NBC Bank said in an emailed statement that the company was open to input from shareholders and that it had multiple discussions with the Clinton Group. "First NBC is largely aligned with...

  • WASHINGTON, Nov 28- The U.S. Supreme Court on Monday rejected Texas financier Robert Allen Stanford's bid to overturn his conviction and 110- year prison sentence for running what prosecutors called a $7.2 billion Ponzi scheme that bilked investors in 113 countries. The justices left in place the imprisoned Stanford's appeal of an October 2015 ruling by the...

  • Guns on display in a gun shop

    After Trump's win, minorities have been buying guns to protect themselves, afraid Trump's victory will incite more hate crimes, reports NBC.

  • NEW YORK, Nov 23- Exxon Mobil' s giant oil refinery in Baton Rouge, Louisiana, was operating at planned rates on Wednesday after a fire Tuesday, according to a person familiar with the plant's operations. The refinery is the fourth-largest in the United States, with capacity to refine 502,500 bpd in crude oil. Four people remained in critical condition after the fire,...

  • District Judge Amos Mazzant, in Sherman, Texas, agreed with 21 states and a coalition of business groups, including the U.S. Chamber of Commerce, that the rule is unlawful and granted their motion for a nationwide injunction. The rule, issued by the Labor Department, was to take effect Dec. 1 and would have doubled to $47,500 the maximum salary a worker can earn and...

  • HOUSTON, Nov 22- Four people were in critical condition after a fire hit a giant Exxon Mobil refinery in Baton Rouge, Louisiana, on Tuesday, a local hospital said. Exxon said the fire was extinguished around 4 p.m. and the company had accounted for all staff at the refinery. Baton Rouge General Hospital said four people in critical condition were admitted to the...

  • HOUSTON, Nov 22- Four people were injured in a small fire on Tuesday afternoon at ExxonMobil Corp's refinery and chemical plant complex in Baton Rouge, Louisiana, the company said on Tuesday. Baton Rouge General Hospital prepared for four people to be admitted to the regional burns unit, a hospital spokesperson said. The refinery is the fourth-largest in the...

  • HOUSTON, Nov 22- A fire hit ExxonMobil Corp's refinery and chemical plant complex in Baton Rouge, Louisiana, the company said on Tuesday. Baton Rouge General Hospital was preparing for four people to be admitted to the regional burns unit, a hospital spokesperson said. The plant is the fourth-largest refineries in the United States, with capacity to refine...

  • Nov 21- President-elect Donald Trump, working to fill administration positions ahead of his inauguration on Jan. 20, was scheduled to hold talks in New York on Monday with former Texas Governor Rick Perry, who is being considered for Cabinet posts including defense, energy and veterans affairs. Trump met with aides and contenders for top U.S. posts over the...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...