Top News & Analysis New Orleans

  • LONDON, June 17- Copper prices steadied on Friday as market worries over a potential British exit from the European Union receded and the dollar eased, though a surge in inventories weighed on zinc. Copper recovered along with other markets, including European shares and oil, which climbed after a suspension of campaigning for Britain's EU membership vote next...

  • LONDON, June 17- Copper prices steadied on Friday after worries diminished about Britain leaving the European Union and the dollar eased, but a surge in inventories weighed on zinc. Three-month copper on the London Metal Exchange was barely changed in official trading, inching down 0.04 percent to $4,535 a tonne by 1020 GMT, following the previous session's...

  • LONDON, June 17- Zinc continues to shine amid the general gloom pervading the base metals complex. On the London Metal Exchange benchmark three-month zinc (CMZN3> has eased back from the near one-year high of $2,105.50 per tonne hit earlier this month. Friday morning's LME stocks report, showing the warranting of 19,750 tonnes of zinc at New Orleans, is a timely...

  • LONDON, June 17- Copper prices recovered on Friday after worries diminished about Britain leaving the European Union and the dollar eased, but a surge in inventories weighed on zinc. Three-month copper on the London Metal Exchange had gained 0.6 percent to $4,564 a tonne by 1020 GMT, recovering some of the previous session's losses of more than 2 percent.

  • June 14- Eli Lilly and Co's Jardiance diabetes drug slashed the risk of progressive kidney disease in adults with type 2 diabetes in a large trial that had already proved the medication's ability to greatly reduce cardiovascular deaths and hospitalizations for heart failure. Jardiance, developed in partnership with privately held German drugmaker...

  • LONDON, June 10- Executives at a metals warehouse firm owned by commodities group Glencore allegedly ordered workers to falsify documents in New Orleans to manipulate the zinc market, according to a complaint filed by zinc purchasers in a U.S. On Monday, a U.S. judge in Manhattan allowed a private antitrust lawsuit to go forward against two units of Anglo-Swiss...

  • Blind man sues McDonald's after denied drive-thru service

    The vision-impaired man says he was laughed at and turned away from service after walking up to the drive-thru.

  • The International Lead and Zinc Study Group, for instance, estimates that mine output outside of China contracted by 9.5 percent in the first quarter. Now there are signs of tightness creeping into the London refined zinc market, with cash metal commanding a small $2.00 per tonne premium over three-month prices over the last couple of days.

  • WASHINGTON, May 31- The U.S. Supreme Court on Tuesday agreed to hear an appeal by State Farm contesting a jury finding that the insurance company defrauded the federal government when assessing damage caused by Hurricane Katrina in 2005 along the Gulf of Mexico coast. The court will consider a lawsuit brought by sisters Cori and Kerri Rigsby, former claims...

  • WASHINGTON, May 31- The U.S. Supreme Court on Tuesday agreed to hear an appeal by State Farm contesting a jury finding that the insurance company defrauded the federal government when assessing damage caused by Hurricane Katrina in 2005 along the Gulf of Mexico coast.

  • LONDON, May 6- The zinc market has for years been a story of shattered bullish dreams. London Metal Exchange stocks would spend months declining only for massive tonnages miraculously to reappear, as often as not at the U.S. port of New Orleans. The LME price for three-month delivery hasn't made it above $2,400 per tonne for any length of time since 2011.

  • WASHINGTON, May 2- The U.S. Supreme Court on Monday declined a request from shareholders seeking to revive their class action lawsuit against BP claiming the British oil company misrepresented its safety procedures prior to the 2010 Gulf of Mexico oil spill. The court left in place a September 2015 ruling by the New Orleans- based 5th U.S. Circuit Court of Appeals...

  • WASHINGTON, May 2- The U.S. Supreme Court on Monday declined a request from shareholders seeking to revive their class action lawsuit against BP claiming the British oil company misrepresented its safety procedures prior to the 2010 Gulf of Mexico oil spill. The court left in place a September 2015 ruling by the New Orleans- based 5th U.S. Circuit Court of Appeals...

  • Tee time with Justin Rose

    Justin Rose, pro golfer, discusses the upcoming PGA Zurich Classic, defending his championship crown, Olympic golf in Rio and golfing for a cause.

  • April 19- Bristol-Myers Squibb's cancer immunotherapy drug, Opdivo, helped advanced head and neck cancer patients with a dismal prognosis live longer than other standard treatments, according to data from a late-stage study presented on Tuesday. Opdivo treatment led to a 30 percent reduction in risk of death, with median overall survival of 7.5 months in the...

  • The U.S. Department of Transportation said on Friday it intended to grant flying rights to Norwegian Air's Irish subsidiary, potentially paving the way for cheaper fares on transatlantic flights. Norwegian Air, Europe's third-largest budget airline by passenger numbers after Ryanair and EasyJet, can afford to offer cheaper airfares than traditional...

  • NEW YORK, April 15- Nearly 70 percent of baby boomers view a gift of money as an expression of love, according to a Merrill Lynch survey released on Friday. While this may sound wonderful, it can complicate estate planning, especially if the generation receiving the inheritance sees things differently. You don't want somebody to feel less loved, " Michael Liersch,...

  • WASHINGTON, April 14- The Obama administration on Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico. The Interior Department's Bureau of Safety and Environmental Enforcement announced the finalized regulations, which include more stringent design requirements and...

  • The eight jurors, who deliberated less than a day following a two-week trial in Manhattan, found that the ignition switch made the 2007 Saturn Sky involved in the crash on a New Orleans bridge unreasonably dangerous and that GM failed to warn about its safety risks. In the case decided on Wednesday, Dionne Spain and Lawrence Barthelemy of New Orleans said they...

  • NEW YORK, March 30- General Motors sold vehicles with a defective ignition switch, but the part was not to blame for a 2014 car accident, a U.S. jury found on Wednesday in the first verdict since the company was forced to recall millions of vehicles. The verdict on Wednesday in a two-week trial in Manhattan was announced after the eight jurors deliberated less than a...