Top News & Analysis Louisiana

  • WASHINGTON, Nov 1- The Supreme Court on Tuesday appeared unlikely to throw out a jury verdict against State Farm that found the insurance company defrauded the U.S. government when it assessed damage caused by Hurricane Katrina along the Gulf of Mexico coast in 2005.. State Farm argued the claims brought by the sisters, former claims adjusters who worked for the...

  • Former NBA player Shaquille O'Neal poses in the Authentic Brands Group booth during the Licensing Expo 2016 at the Mandalay Bay Convention Center on June 21, 2016, in Las Vegas, Nevada.

    Shaquille O'Neal weighed in on the authenticity behind his brand and his investments.

  • NEW YORK, Oct 27- CenturyLink Inc and Level 3 Communications are in advanced talks to merge, according to people familiar with the matter, in a deal that would create an enterprise telecommunications player worth more than $50 billion, including debt. The market for corporate customers' voice and data services has been estimated by analysts to be worth anywhere...

  • NEW YORK, Oct 27- CenturyLink Inc and Level 3 Communications are in advanced talks to merge, according to people familiar with the matter, in a deal that would create an enterprise telecommunications player worth more than $50 billion, including debt. The market for corporate customers' voice and data services has been estimated by analysts to be worth anywhere...

  • NEW YORK, Oct 24- When Ryan Frailich and Stephanie Hinton were getting married last year, the last thing in the world they wanted were gifts of butter dishes or cutlery sets. So the New Orleans couple asked guests instead to sponsor elements of their dream honeymoon trip to New Zealand. "Couples are getting married later in life these days, and so they usually already...

  • Oct 18- The U.S. government will impose new federal rules to reduce the risk of leaks at natural gas storage facilities in the wake of last year's massive methane release at California's Aliso Canyon, a task force said on Tuesday. Operators should phase out "single point of failure" designs, which hindered the ability to swiftly control and repair the leak at Aliso...

  • As part of a larger goal to globally reduce HFCs by 80 percent by 2047, signatories such as U.S., India and China have agreed to phase out the pollutants from cooling appliances starting 2019.. The agreement is a boon for chemical and equipment makers as it gives them "clarity and certainty" and will help speed up development and testing of HFC alternatives, which...

  • TORONTO, Oct 14- Freeport-McMoRan said on Friday it will sell onshore California oil and gas assets to Sentinel Peak Resources California for up to $742 million, part of a push by the world's biggest listed copper miner to reduce its multi-billion dollar debt. Under the transaction with private energy company Sentinel Peak, Freeport said it will receive $592...

  • Oct 14- Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, said it would sell its onshore California oil and gas assets to Sentinel Peak Resources California LLC for up to $742 million, as part of its strategy to cut debt. The company's production in California, including onshore and offshore assets, was 13.46 million barrels of oil...

  • WASHINGTON, Oct 13- Former Wells Fargo& Co general manager Claudia Ponce de Leon filed a whistleblower complaint in December 2011 with federal labor regulators, alleging she was fired for telling superiors about employees opening unauthorized accounts. Nearly five years later, she has not been interviewed by investigators at the Labor Department's...

  • WASHINGTON, Oct 13- The number of Americans filing for unemployment benefits held at a 43- year low last week, pointing to sustained labor market strength that could pave the way for the Federal Reserve to raise interest rates in December. Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 246,000 for the week ended Oct. 8, the...

  • A plant in China builds the model for that country and the Spring Hill plant makes for other markets. China is the second-biggest market for the model and Canada is third, GM said. GM said it had invested more than $2 billion at the Spring Hill factory since 2010..

  • Oct 7- Almost 1.2 million homes and businesses were without power late Friday as Hurricane Matthew blasted Florida, Georgia and North and South Carolina, electric companies said. The outages are not as high as utilities had forecast and not expected to reach those levels because the storm has already passed most of the heavily populated southern part of...

  • Oct 7- Almost 1.1 million homes and businesses were without power Friday afternoon as Hurricane Matthew blasted Florida, Georgia and North and South Carolina, electric companies said. The outages are not as high as utilities had forecast and not expected to reach those levels because the storm has already passed most of the heavily populated southern part of...

  • Oct 7- Electricity companies in Florida said Hurricane Matthew knocked out power to almost 800,000 homes and businesses on Friday as the storm blasted the state's east coast. Matthew, the first major hurricane threatening a direct hit on the United States in more than 10 years, lashed Florida with heavy rain and wind, after killing more than 800 people in Haiti as...

  • Oct 7- Hurricane Matthew is threatening the Atlantic coast from Florida to South Carolina and could deliver tens of billions of dollars in damage, according to experts, after the storm killed 500 people and left thousands homeless in Haiti. CoreLogic, a California- based real estate data firm, estimated the storm could cause up to $189 billion in storm surge...

  • LONDON, Oct 7- A hurricane threatening the first direct hit on the United States in more than a decade could cause insurance losses of $25- 30 billion and be the second costliest U.S. hurricane on record for insurers, according to initial industry estimates. Hurricane Matthew is just off the east coast of Florida near Cape Canaveral, the National Hurricane Center...

  • Oct 7- Electricity companies in Florida said Hurricane Matthew knocked out power to almost 600,000 homes and businesses on Friday as the storm blasted the state's east coast. Matthew, the first major hurricane threatening a direct hit on the United States in more than 10 years, lashed Florida with heavy rain and wind, after killing at least 478 people in Haiti as...

  • LONDON, Oct 7- A hurricane threatening the first direct hit on the United States in more than a decade could cause insurance losses of $25- 30 billion and be the second costliest U.S. hurricane on record for insurers, according to initial industry estimates. Hurricane Matthew is just off the east coast of Florida near Cape Canaveral, the National Hurricane Center...

  • NEW YORK, Oct 6- After Hurricane Matthew blows by the U.S. Here are five tips on dealing with the aftermath, from Loretta Worters, vice president of the Insurance Information Institute trade group:. In Florida, you may pay more- up to a 15 percent deductible- depending on your proximity to the coast.