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Top News & Analysis New Orleans

  • The verdict by a jury in New Orleans came in a lawsuit by the husband and children of Sharyn Orr, who blamed her 2015 death following a stroke on inadequate information the companies provided her doctor about the drug's bleeding risks. Bayer in a statement said the two verdicts "affirm both the safety and efficacy of Xarelto, and that its FDA- approved label...

  • LONDON, June 8- What's up with zinc? London Metal Exchange zinc was trading just shy of $3,000 per tonne as recently as late February. At one stage on Wednesday it hit a seven-month low of $2,427.50 and has since staged only a half-hearted recovery to $2,480.00.

  • SAN FRANCISCO, June 1- State governors and city mayors were quick to claim the mantle of U.S. leadership in fighting climate change after President Donald Trump said on Thursday the country will pull out of the Paris climate agreement. There is a pathway here where the rest of America in reaction to, really, what is an insane decision by president Trump, takes the...

  • SAN FRANCISCO, June 1- State governors and city mayors were quick to claim the mantle of U.S. leadership in fighting climate change after President Donald Trump said on Thursday the country will pull out of the Paris climate agreement. There is a pathway here where the rest of America in reaction to, really, what is an insane decision by president Trump, takes the...

  • LONDON, May 15- If there were any doubt that the zinc supply chain is tightening, it should be dispelled by this year's benchmark smelter treatment charge. This year's headline fee of $172 per tonne is the lowest in a decade, a firm swing of the negotiating pendulum in favor of miners and a tangible sign that the much-anticipated concentrates crunch has arrived.

  • The verdict by a federal jury in New Orleans came in a lawsuit filed by Joseph Boudreaux of Louisiana. William Foster, a spokesman for J&J's Janssen Pharmaceuticals Inc unit, said the verdict reflected the case's facts and the appropriateness of Xarelto's prescribing information. In a joint statement, Andy Birchfield and Brian Barr, lawyers for Boudreaux, said...

  • May 3- A federal jury has cleared Bayer AG and Johnson& Johnson of liability in the first trial to flow out of thousands of lawsuits blaming injuries on the blood thinner Xarelto, the drugmakers said on Wednesday. The verdict by a federal jury in New Orleans came in a lawsuit filed by Joseph Boudreaux of Louisiana. It was the first in a series of test trials in the...

  • San Francisco- based Instacart raised $400 million in its latest financing round in March, boosting the company's valuation to $3.4 billion as investors showed more enthusiasm for a business model whose viability had long been in question. Instacart is backed by prominent venture capital firms such as Sequoia Capital, Khosla Ventures, Kleiner Perkins...

  • SAN FRANCISCO, May 1- Airbnb Inc and the city of San Francisco have settled a year-long lawsuit over a local ordinance forbidding the home-rental company from taking bookings from hosts who have not properly registered their homes. The settlement, which Airbnb announced during a call with reporters on Monday, marks the latest effort by the company to...

  • First NBC was closed by the Louisiana Office of Financial Institutions, which appointed the Federal Deposit Insurance Corporation as the receiver. The regulator said Gulfport, Mississippi- based Whitney Bank would assume all of First NBC's transactional deposits and branches. Whitney Bank will reopen 24 branches of First NBC in Louisiana and five branches...

  • WASHINGTON, April 21- The U.S. Department of Justice threatened on Friday to cut some funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called sanctuary cities that do not cooperate with federal immigration authorities. Those threatened were: the state of California; New...

  • WASHINGTON, April 21- The U.S. Department of Justice threatened on Friday to cut off funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called sanctuary cities that do not cooperate with federal immigration authorities. Those threatened include: the state of California; New...

  • WASHINGTON, April 21- The U.S. Department of Justice threatened on Friday to cut off funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called "sanctuary cities" that do not cooperate with federal immigration authorities. Those threatened include: the state of California; New...

  • WASHINGTON, April 21- The U.S. Department of Justice threatened on Friday to cut off funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called "sanctuary cities" that do not cooperate with federal immigration authorities. Those threatened include: the state of California; New...

  • BUFFALO, New York, April 21- Laicie Manzella lived in a rundown house on Buffalos east side when three of her children tested with dangerously high levels of lead in their blood. A Reuters investigation found at least four city zip codes here where 40 percent of children tested from 2006 to 2014 had high lead levels, making Buffalo among the most dangerous lead...

  • This time it is the turn of Access World, the metal logistics arm of Glencore that was previously known as Pacorini Metals, to feel the regulatory heat. Its U.S. subsidiary has just been hit with a $1.4- million fine plus costs for, the LME alleges, falsifying documents related to its storage of zinc in the U.S. port of New Orleans. Access World has settled with the LME...

  • Mergers & acquisitions professionals are talking about dealmaking in the Trump administration era at Tulane's 29th Annual Corporate Law Institute.

    "At least for the next year, there are not going to be a lot of companies willing to stand in front of a freight train," one M&A attorney says.

  • SAN FRANCISCO, March 29- Blue Apron, the biggest U.S. meal kit company, has hired investment bankers to lead its 2017 initial public offering, according to people familiar with the matter. New York City- based Blue Apron has selected Goldman Sachs, Morgan Stanley and Citigroup Inc to lead the offering that could come as soon as this fall, the sources said.

  • *Copper down 0.7 pct at $5,760 after touching $5,671. Benchmark copper on the London Metal Exchange ended 0.7 percent down at $5,760 a tonne, having touched $5,671, its lowest since March 9. "His failure on Obamacare has created uncertainty about whether he can push his policies through Congress."

  • Benchmark copper on the London Metal Exchange was down 1.6 percent at $5,712 a tonne by 1127 GMT. "His failure on Obamacare has created uncertainty about whether he can push his policies through Congress." HEALTHCARE: Trump suffered a political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul...