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Top News & Analysis New Orleans

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  • June 3- Republican Louisiana Governor Bobby Jindal will make a "major announcement" about his 2016 plans in New Orleans on June 24, NBC reported. He has already made frequent visits to key primary states and launched a presidential exploratory committee, NBC said. Jindal, who is Indian American, has served as the governor of Louisiana since 2008..

  • June 2- Chevron Corp has deployed robots on the seafloor near its Big Foot deepwater oil project, aiming to find just how much damage it must contend with after six giant tendons sank and indefinitely delayed the start of production at the platform. The site, 225 miles south of New Orleans in the U.S. Wells Fargo analyst Roger Read said on Tuesday the setback was "...

  • SAO PAULO, May 29- Panama's Copa Airlines plans to expand its route network out of Latin America despite the challenges it currently faces in Brazil, the region's biggest market, the company's chief executive officer said on Friday. The carrier, a subsidiary of Copa Holdings SA, sees further potential in a business model built on linking small and mid-sized Latin...

  • COLUMN-LME zinc bulls get fooled again: Andy Home Tuesday, 26 May 2015 | 1:32 AM ET

    SINGAPORE, May 26- Appearances can be deceptive and never more so than when it comes to trading on the London Metal Exchange. Three-month metal was on a surge last month, powering up from a March low of $1,981.00 per tonne to an early May high of $2,404.50. Last week's delivery of 36,375 tonnes of zinc onto warrant at Johor in Malaysia blew away the tightness and sent...

  • Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.S. Coast Guard said. Fire-fighting crews worked to contain the fire on Friday near Breton Island, 50 miles offshore New Orleans, the Coast Guard said. It was unclear what caused the incident or how much oil leaked into the ocean, but the Coast Guard said it has...

  • NEW YORK, May 18- CME Group Inc said on Monday it would launch a zinc futures contract next month, stepping up a global battle for metals market share with the London Metal Exchange amid expanding Asian markets. The statement did not explain JPMorgan's role in the zinc contract. "We're pleased that CME Group has responded swiftly and decisively to industry...

  • LONDON, May 13- The London Metal Exchange has announced another change in its warehousing rules to force a faster reduction in the load-out queues that have caused so much controversy in the aluminum market. Its new regime of linking load-in to load-out rates, LILO for short, is now in force, albeit after a near one-year delay caused by a failed legal challenge from...

  • LONDON, May 11- Investors are stampeding back into the London zinc market. On the London Metal Exchange, three-month metal has soared from under $2,000 per tonne in mid-March to last week's highs above $2,400 per tonne. Spreads have tightened as shorts scramble to cover positions in the face of a dominant long position controlling somewhere between 40 and 50...

  • May 8- A U.S. federal appeals court on Friday said BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill. The decision by the 5th U.S. Circuit Court of Appeals in New Orleans could help BP limit its payout to victims of the explosion of the Deepwater Horizon drilling...

  • REUTERS BUSINESS SCHEDULE AT 2000 GMT / 4:00 p.m. ET Sunday, 19 Apr 2015 | 4:50 PM ET

    ATHENS- Euro zone deputy finance ministers will meet midweek ahead of a Eurogroup finance ministers' gathering two days later, a Greek government official tells Reuters, as Athens and its creditors continue to seek a deal on reforms to unlock aid. BOJ's Kuroda says Japan inflation to' gradually accelerate' toward target. WAYZATA, Minn.- Bank of Japan Governor...

  • April 15- A Texas- based Internet provider is requesting that a federal appeals court in New Orleans, not one in Washington, be the court that hears a challenge to new Web traffic regulations known as "net neutrality" rules. Alamo Broadband Inc filed a lawsuit on Wednesday in the 5th U.S. Circuit Court of Appeals in New Orleans asking it to review the regulations from...

  • April 15- Texas- based Internet provider Alamo Broadband Inc filed a lawsuit on Wednesday asking the federal appeals court based in New Orleans to block new web traffic regulations from the Federal Communications Commission.

  • APPEALS COURT IN NEW ORLEANS SEEKING TO BLOCK FCC INTERNET RULES- COURT PAPERS.

  • NEW YORK, April 14- AT&T Inc and three cable and wireless trade groups filed separate lawsuits on Tuesday challenging the U.S. Federal Communications Commission over its new web traffic regulations. The suit comes even as the No.2 U.S wireless company's proposed $48.5 billion acquisition of satellite TV operator DirecTV is under FCC review.

  • The National Cable and Telecommunications Association, CTIA-The Wireless Association and American Cable Association filed petitions against so-called "net neutrality rules" in U.S. Court of Appeals for the D.C. Circuit. "Instead of promoting greater industry investment... the FCC opted to resuscitate a command-and-control regulatory regime, including a...

  • The National Cable and Telecommunications Association, CTIA-The Wireless Association and American Cable Association filed petitions in U.S. Court of Appeals for the D.C. Circuit. "Instead of promoting greater industry investment... the FCC opted to resuscitate a command-and-control regulatory regime, including a process where innovators must first seek...

  • April 13- A U.S. trade group representing broadband providers said on Monday it filed a petition challenging the Federal Communications Commission's recently approved net neutrality order after the rules were officially published. USTelecom, whose members include companies such as CenturyLink Inc and AT&T Inc, said the new rules were "arbitrary,...

  • Broadband industry trade group USTelecom filed a lawsuit against the FCC in the U.S. Court of Appeals for the District of Columbia, which has in the past twice rejected the FCC's net neutrality regulations. Texas- based Internet provider Alamo Broadband Inc challenged the FCC's new rules in the U.S. Court of Appeals for the Fifth Circuit in New Orleans, making a...

  • March 23- The U.S. shale oil industry may have forever abandoned its heavy-spending ways in the face of sliding crude prices, Schlumberger Ltd, the world's No.1 oilfield services provider, said on Monday. Spending cuts already announced by producers- to the tune of 25 to 60 percent- have dropped the rig count by 45 percent since late 2014, and output will soon...

  • March 20- Wal-Mart Stores Inc shareholders will vote in June at the company's annual meeting on electing an independent board chairman, after U.S. regulators rejected a request by the retailer to block the proposal. Wal-Mart had argued that the proposal, submitted by the International Brotherhood of Teamsters General Fund, should be omitted because it was...