Top News & Analysis Louisiana

  • ORLANDO, Fla./ MIAMI, July 29- Florida authorities on Friday reported the first sign of local Zika transmission in the continental United States, concluding that mosquitoes likely infected four people with the virus that can cause a rare but serious birth defect. "This means Florida has become the first state in the nation to have local transmission of the Zika...

  • *Sees Q3 refining capacity at mid-90 pct vs. 100 pct in Q2. July 29- Phillips 66 joined larger rival Valero Energy Corp in saying that refiners are expected to process less crude in the second half of the year as margins shrink due to a gasoline glut. "My personal view is we've got a lot of inventory stacked up," Chief Executive Greg Garland said on a post-earnings call.

  • ORLANDO, Fla., July 29- Florida authorities on Friday reported what is believed to be the first evidence of local Zika transmission in the continental United States, concluding that mosquitoes likely infected four people with the virus that can cause a rare but serious birth defect. Governor Rick Scott said the state believed active transmission of the virus...

  • July 29- Phillips 66 joined larger rival Valero Energy Corp in saying that refiners are expected to process less crude in the second half of the year as margins shrink due to a gasoline glut. "My personal view is we've got a lot of inventory stacked up," Chief Executive Greg Garland said on a post-earnings call. Smaller rival Alon USA Energy Inc said on Friday it...

  • ORLANDO, Fla., July 29- Florida authorities on Friday reported what is believed to be the first evidence of local Zika transmission in the continental United States, concluding that mosquitoes likely infected four people with the virus that can cause rare but serious birth defects. Governor Rick Scott said the state believed active transmission of the virus...

  • NEW YORK, July 28- Fitch Ratings upgraded more U.S. public sector debt than it downgraded during the second quarter with a significant increase in upgrades in part because of a change in criteria for how it reviews tax-supported credits, the firm said in a report on Thursday. There were 83 upgrades versus 43 downgrades in the quarter, Fitch said.

  • HOUSTON, July 27- Hess Corp said on Wednesday it was pursuing legal action against Schlumberger NV for $40 million or more, claiming the oilfield service provider supplied a defective valve for a U.S. Gulf of Mexico oilfield that shuttered three wells and crimped production. Hess executives claimed the company is owed between $30 million and $40 million in...

  • *Plan to locate in Texas or Louisiana. DUBAI/ KHOBAR, July 25- Saudi Basic Industries Corp, one of the world's largest petrochemicals groups, said on Monday it is studying launching a jointly-owned petrochemicals complex with an affiliate of U.S. The project will be on the United States' Gulf Coast, possibly in Texas or Louisiana, and will include a production...

  • WASHINGTON, July 23- Recent attacks on civilians in the U.S. and Europe have exposed a gap in the intelligence community's efforts to track suspected extremists and prevent mass killings, a half dozen American, British and French counterterrorism officials told Reuters. They included the mass shooting at a gay nightclub in Orlando, Florida; the murder of a...

  • LONDON, July 22- The number of London Metal Exchange physical storage units continues to decline in tandem with falling registered stocks. As of July 8 there were 608 registered warehouses for the storage of base metals, down from 621 a year ago and from almost 700 in 2012 and 2013.. Total exchange-registered stocks have fallen to 3.6 million tonnes from over 7.5...

  • MILAN, July 21- The United States will ship its first liquefied natural gas cargo through an expanded Panama Canal next week. A day later BP Plc's British Merchant will begin passing through the Panama Canal also carrying cargo from the United States to Manzanillo on Mexico's Pacific coast, Kpler LNG said. The Panama Canal Authority confirmed the Maran Gas...

  • Also rising at a fast clip, though, is speculative interest on both the London and Shanghai markets. Market open interest on the Shanghai Futures Exchange is surging, while speculative length in the LME is rapidly approaching those May 2015 peaks. Investors have got sucked into the zinc market before, most recently in May last year, when the London price peaked at...

  • Also rising at a fast clip, though, is speculative interest on both the London and Shanghai markets. Market open interest on the Shanghai Futures Exchange is surging, while speculative length in the LME is rapidly approaching those May 2015 peaks. Investors have got sucked into the zinc market before, most recently in May last year, when the London price peaked at...

  • Despite suffering from a past heart attack and diabetes, Kentucky resident Mary Blair was able to receive medical coverage through Medicaid expansion under the Affordable Care Act.

    The 19 states that have not expanded Medicaid have seen less dramatic reductions in uninsured rates than expansion states.

  • WASHINGTON, July 18- Tents, ladders, coolers, canned goods, tennis balls and bicycle locks are banned in the area surrounding the Republican National Convention in Cleveland. When Ohio Governor John Kasich on Sunday rejected the Cleveland police union's request to ban the open carrying of firearms near the Quicken Loans Arena, he weighed into a national debate...

  • Baton Rouge police redirect traffic away from a protest march that resulted in scores of arrests after a march on July 10, 2016 in Baton Rouge, Louisiana.

    NBC's Jay Gray has the latest detail on the deadly shooting in Louisiana in what investigators are calling an "ambush."

  • July 13- The United States will transition from a net importer of natural gas to a net exporter of the fuel by the second half of 2017 as its shale gas output continues to grow, data this week from the U.S. Energy Information Administration said. The EIA said in its latest Short-Term Energy Outlook it expects higher U.S. gas production to reduce the country's demand...

  • The volume of gas in working storage hit a record 4.01 trillion cubic feet in November 2015 and is still at 3.18 trillion cubic feet, according to the U.S. Energy Information Administration. In response to the earlier slide in prices, the number of rigs drilling for oil and gas across the United States has fallen to the lowest level since World War Two.

  • July 12- Valero Energy Corp said on Tuesday it bought Kinder Morgan Inc's 50 percent stake in Parkway Pipeline LLC, previously a joint venture between the two companies. The move will give Valero increased access to the eastern United States by connecting the pipeline to Colonial Pipeline Co's system that runs from Houston to New York Harbor.

  • July 12- Valero Energy Corp bought the remaining 50 percent stake in Parkway Pipeline LLC and said it would gain increased access to eastern United States by connecting the pipeline to Colonial Pipeline Co's Gulf Coast- to-U.S. Parkway Pipeline LLC transports refined products from Valero's St. Charles refinery in Norco, Louisiana to Collins, Mississippi.