×

Top News & Analysis New Orleans

  • NEW ORLEANS _ Entergy Corp. on Wednesday reported first-quarter profit of $136.2 million. Entergy expects full-year earnings in the range of $6.25 to $6.85 per share. Entergy shares have dropped roughly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased 1.5 percent.

  • NEW ORLEANS— State and local governments in Louisiana have offered an estimated $1.5 billion in incentives to persuade a Taiwanese company to locate a $9.4 billion plastics complex along the Mississippi River upstream from New Orleans, Louisiana Economic Development Secretary Don Pierson said. The package includes about $1.4 billion in local property...

  • NEW YORK— An estimated 6.3 million people saw the premiere of Netflix's "Lost in Space" within the first three days that the streaming service made it available this month, a promising start that would make it one of the outlet's more popular series after the phenomenon of "Stranger Things." "We've had a lot of anxiety among our clients about sharing this data with you,"...

  • 2. "The Big Bang Theory," CBS, 12.91 million. 3. " Young Sheldon," CBS, 11.67 million. 4. "NCIS," CBS, 11.44 million.

  • DONALDSONVILLE, La.— A company based in Taiwan plans to build a $9.4 billion chemical manufacturing complex on a 2,400- acre site in Louisiana, officials announced Monday. John Bel Edwards and Formosa Petrochemical Corp. Executive Vice President Keh-Yen Lin announced the plans for the plant in St. James Parish, between Baton Rouge and New Orleans.

  • NEW YORK, April 23- Investors' fears of an all-out trade war between the United States and China is prompting U.S. stock fund managers to hunt for companies that can easily pass on higher costs to their consumers. "We're focusing on the companies that regardless of the type of inflation- whether it's commodities or trade or something else- can pass on those costs...

  • The SEC is calling its rule Regulation Best Interest, but the lone dissenting commissioner had a different name for it: Perhaps it would be more accurate to call it regulation status quo, said Kara Stein, a Democratic appointee to the commission who attacked the rule in blistering language during a hearing on Wednesday. If implemented, the draft SEC rule will be a...

  • PHILADELPHIA— A Southwest Airlines jet blew an engine at 32,000 feet and got hit by shrapnel that smashed a window, setting off a desperate scramble by passengers to save a woman from getting sucked out. The pilot of the plane, a twin-engine Boeing 737 bound from New York to Dallas with 149 people aboard, took it into a rapid descent and made an emergency landing in...

  • April 13- The United States Coast Guard said on Friday it reopened the Mississippi River near New Orleans after it was closed due to an oil spill on Thursday. The Coast Guard had shut a 10- mile stretch of the Mississippi River in downtown New Orleans after a vessel spilled oil into the river. New Orleans, which sits near the mouth of the Mississippi, is an important...

  • HOUSTON, April 12- The United States Coast Guard said on Thursday it had shut a 10- mile stretch of the Mississippi River in downtown New Orleans after a vessel spilled oil into the river. The closing stalled 12 commercial vessels on the river, according to Coast Guard Chief Petty Officer Third Class Travis Magee. The Singapore- flagged vessel Pac Antares, which was...

  • April 12- The United States Coast Guard said on Thursday it had shut part of the Mississippi River after an oil spill near New Orleans. The river was closed to vessel movement from mile marker 91 to mile marker 101, the Coast Guard said in a statement. The Singapore- flagged vessel Pac Antares, which was carrying silicon and manganese, hit a pier, causing the vessel's...

  • April 12- The United States Coast Guard said on Thursday a portion of the Mississippi River was shut as it responded to reports of an oil spill near mile marker 100 on the lower Mississippi River near New Orleans. *The river is closed to vessel movement from mile marker 91 to mile marker 101, the Coast Guard said in its statement. *The Singapore- flagged vessel Pac...

  • CHICAGO, April 12- Do you live in a fiduciary state? The U.S. Department of Labor rule requires financial advisers to act in the best interest of clients when advising on investments in retirement accounts. In March, the U.S. Court of Appeals for the 5th Circuit in New Orleans voted to overturn the DoL rule, and some experts expect its future could be decided by the U.S....

  • A dose of healthy fear is good for investors, even during bull markets.

    The latest black unemployment rate does not paint a complete picture of African Americans' economic situation, says National Urban League CEO Marc Morial.

  • LONDON, April 4- Is that it for the zinc price or does the market have one last hurrah before the bull cycle turns? Analysts, such as Max Layton of Citi, believe there is still the potential for one last leg higher to $3,800- 4,000 per tonne. "The zinc price in the next three to six months is the best we're going to see for the next three to five years," he told last month's Metal...

  • NEW ORLEANS, March 27- Parsley Energy Inc has no plans to add more drilling rigs if oil prices rise further, part of a plan to focus on boosting returns, the U.S. shale oil producer's chief executive said on Tuesday. The company plans to run 16 drilling rigs and five fracking crews this year in the Permian Basin, the largest U.S. oilfield, CEO Bryan Sheffield said at the...

  • HOUSTON, March 25- Nearly a third of the 25 top U.S. shale oil producers have paid or pledged to pay dividends this year, according to Reuters review of financial filings, the largest number since the shale boom took off a decade ago. Shares of the Midland, Texas- based company, which operates in the Permian Basin, the largest U.S. oilfield, are up about 11 percent since the...

  • March 16- Qualcomm Inc on Friday said former executive chairman Paul Jacobs would not be renominated for the U.S. semiconductor company's board after Jacobs disclosed his intention to pursue a long-shot acquisition of the firm. President Donald Trump blocked a $117 billion hostile bid from Singapore- based rival Broadcom Ltd to acquire Qualcomm, citing...

  • Last year, Congress killed a Consumer Financial Protection Bureau rule that had restricted financial institutions from forcing clients to sign mandatory arbitration agreements. Writing for Thursday's majority, Circuit Judge Edith Jones said the Labor Department acted unreasonably, arbitrarily and capriciously in expanding a 40- year-old definition...

  • The 2-1 decision by the 5th U.S. Circuit Court of Appeals is a major victory for business and financial services industry groups, including the U.S. Chamber of Commerce. Writing for Thursday's majority, Circuit Judge Edith Jones said the Labor Department acted unreasonably, arbitrarily and capriciously in expanding a 40- year-old definition of investment...