Top News & Analysis New Orleans

More

  • NEW ORLEANS— Louisiana's U.S. senators and environmental groups are blasting the White House for proposing to help Alaska deal with rising seas by taking money away from similar efforts along the Gulf Coast. In its proposed budget for 2017, the White House said Tuesday that it wanted to repeal a 2006 provision that establishes a formula for sharing revenues...

  • PARIS, Feb 9- French water and waste group Veolia said on Tuesday it is talks to install a flood prevention system in the city of New Orleans that was devastated by Hurricane Katrina in 2005.. Veolia innovation director Laurent Auguste said a study will be carried out jointly with Swiss insurer Swiss Re and that Veolia- which operates the main New Orleans waste...

  • BUCHANAN, N.Y.— An apparent overflow at a nuclear power plant north of New York City spilled highly radioactive water into an underground monitoring well, but nuclear regulators said the public isn't at risk. Officials at the Indian Point Energy Center in Buchanan, 40 miles north of Manhattan, reported on Friday that water contaminated by tritium leaked into the...

  • LONDON, Feb 5- Zinc is the stand-out amid the general industrial metals gloom right now. It helps that big mines such as Century in Australia and Lisheen in Ireland have just reached the end of their natural lives. Now a new, largely unexpected, ingredient has been thrown into the supply mix in the form of Horsehead Holding's shuttering of its zinc plant in North...

  • Correction: Las Vegas-Pay To Park story Thursday, 4 Feb 2016 | 2:40 PM ET

    LAS VEGAS— In a story Feb. 2 about MGM Resorts International outsourcing its Las Vegas Strip parking operations to a Chicago- based firm, The Associated Press erroneously reported the title of MGM Resorts executive Corey Sanders. SP Plus Corp. will handle paid parking at all non-union MGM Resorts International properties, including Mandalay Bay, Delano, Monte...

  • "We do not have any concerns or objections to the decommissioning road map that Entergy has developed," NRC spokesman Neil Sheehan said Thursday. He made the comment shortly after the NRC made public a letter it had written to New Orleans- based Entergy Corp. that touched on several aspects of managing the Vernon reactor post-shutdown. Vermont Yankee closed...

  • SP Plus Corp. will handle paid parking at all non-union MGM Resorts International properties, including Mandalay Bay, Delano, Monte Carlo, New York-New York, Vdara, Aria, Bellagio, The Mirage and MGM Grand, the company said. Valets were told during an afternoon employees' meeting that SP Plus will hire MGM Resorts' approximately 400 non-union parking service...

  • Tidewater reports 3Q loss Tuesday, 2 Feb 2016 | 6:01 PM ET

    NEW ORLEANS _ Tidewater Inc. on Tuesday reported a loss of $19.5 million in its fiscal third quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share. Four analysts surveyed by Zacks expected $254.6 million.

  • Nielsen's top programs for Jan. 25-31 Tuesday, 2 Feb 2016 | 4:07 PM ET

    3. "NCIS," CBS, 11.98 million. 4. "Scorpion," CBS, 10.7 million. 5. "Madam Secretary," CBS, 10.2 million.

  • Jan 25- A U.S. federal appeals court on Monday overturned the convictions of the former chief executive officer and chief financial officer of surgical device maker ArthroCare Corp for engineering what federal prosecutors called a $750 million securities fraud. The 5th U.S. Circuit Court of Appeals in New Orleans agreed with former CEO Michael Baker and...

  • LONDON, Dec 8- From the Swiss franc's record rise in January to the near certainty of a historic U.S. interest rate hike in December, 2015 was a far more volatile year for financial markets than most predicted 12 months ago. Bond yields across Europe plunged well below zero, the Dow Jones fell 1,000 points in one day in August and turmoil in Chinese stocks turned a...

  • Will ECB's Draghi ever raise rates? Maybe in 2019 Thursday, 3 Dec 2015 | 11:47 AM ET

    LONDON, Dec 3- Assuming European Central Bank president Mario Draghi sees out his mandate, he will step down in October 2019. And financial markets reckon there's a fair chance he will complete his eight-year tenure without ever having raised interest rates. Even Ben Bernanke, the ultra-dovish former Federal Reserve Chairman who unleashed three QE programmes...

  • AMSTERDAM, Dec 3- A Dutch engineering company that is helping New York and New Orleans defend themselves against big storms and rising seas says climate change will be a source of business for decades regardless of the outcome of current climate talks in Paris. Arcadis, which doubled sales from 1 billion euros to 2 billion in 2007-2014 as it invested heavily in...

  • WASHINGTON, Dec 1- German auto supplier Robert Bosch GmbH has been accused of conspiring with Volkswagen AG to evade diesel emissions standards in at least 11 million vehicles worldwide in a class action lawsuit filed late on Monday. The lawsuit filed by a New York diesel owner in U.S. District Court in Detroit names Bosch- the world's largest auto supplier- along...

  • Dec 1- A federal judge ordered Anadarko Petroleum Corp to pay a $159.5 million civil fine reflecting its stake in the Gulf of Mexico well whose 2010 blowout caused the largest U.S. offshore oil spill. The penalty equates to $50 per barrel of oil spilled, well below the maximum $1,100 per barrel, or $3.51 billion, penalty that Barbier could have imposed under the...

  • VW, DOJ want diesel civil cases heard in Detroit Monday, 30 Nov 2015 | 3:29 PM ET

    WASHINGTON, Nov 30- Volkswagen AG and the Justice Department want a U.S. judicial panel to centralize in Detroit hundreds of civil lawsuits alleging the German automaker defrauded consumers and shareholders, according to court filings. Multi-District Litigation panel will hold a hearing Dec. 3 in New Orleans to determine if and where to consolidate more than...

  • LONDON, Nov 20- The London zinc price touched a fresh six-year low of $1,497.50 per tonne on Thursday. Last month's flurry of excitement after Glencore's announcement of 500,000 tonnes of mine cuts had, it seemed, completely dissipated. Zinc, like copper, has been coming under sustained bear attack from China, where Shanghai Futures Exchange volumes and open...

  • WASHINGTON, Nov 5- Three major companies, citing the under-representation of minorities in science and technology fields, are urging the U.S. Supreme Court to uphold affirmative action in university admissions in a closely watched case to be argued next month. Technology services company IBM Corp, chemical manufacturer DuPont and chip maker Intel Corp...

  • LONDON, Nov 5- The congestion at Brazilian grain terminals is worsening and U.S. soybean suppliers may have reason to celebrate. Average wait times outside Paranagua, which ships up to 20 percent of Brazil's exportable soybeans, reached 43 days last month. Elsewhere in Brazil, queues have also been mounting.

  • WASHINGTON, Nov 4- When Ajay Ahir agreed to come to the United States, he had no idea the recruiter promising a high-wage welding job and legal residency in America was lying. He borrowed 500,000 rupees to pay the recruiter's fees, told his wife to wait for him in India, and set off to make his fortune. After that visa expired and Eagle went out of business, the U.S....