Top News & Analysis New Orleans

  • Oct 12- Volunteer search-and-rescue networks formed during previous flood disasters in Texas and Louisiana sprang into action in Florida this week following Hurricane Michael, providing a boost to authorities hit by electricity and communications outages. That organization, set up in response to deadly flooding that swept the Gulf Coast of Texas after...

  • Oct 10- The deepest one-day selloff in Wall Street stocks in eight months has investors using the market equivalent of a dirty word: "correction". Treasury yields and fears of a deepening U.S.- China trade conflict, the benchmark S&P 500 index on Wednesday dropped 3.29 percent, its worst one-day decline since February, bringing its loss to almost 5.0 percent since...

  • Oct 10- The deepest one-day selloff in Wall Street stocks in eight months has investors using the market equivalent of a dirty word: "correction." Treasury yields and fears of a deepening U.S.- China trade conflict, the benchmark S&P 500 index on Wednesday dropped 3.29 percent, its worst one-day decline since February, bringing its loss to almost 5.0 percent since...

  • New Orleans sees 25% drop in steel shipments due to trade

    CNBC's Jackie DeAngelis reports on the effect tariffs are having on steel shipments in New Orleans.

  • Gordon never became a hurricane as forecast and weakened into a depression on Wednesday, just hours after making landfall near the Alabama- Mississippi border, helping to keep production and refining operations running unimpeded at most energy facilities in the Gulf and along the Louisiana coast. Coast Guard inspectors flew over ports in Mississippi and...

  • NEW ORLEANS, Sept 5- Tropical Storm Gordon weakened after making landfall just west of the Alabama- Mississippi border and lashing the U.S. Gulf Coast with high winds and heavy rain early on Wednesday, the U.S. National Hurricane Center said. Though the Louisiana coast remained calm as of early Tuesday evening, Governor John Bel Edwards declared a state of...

  • NEW ORLEANS, Sept 4- Tropical Storm Gordon began lashing the U.S. Gulf Coast with high winds on Tuesday, strengthening as it swirled toward the coast carrying heavy rains and threatening to make landfall as a hurricane. Though the Louisiana coast remained calm as of early Tuesday evening, Governor John Bel Edwards declared a state of emergency and companies cut 9...

  • NEW ORLEANS, Sept 4- Tropical Storm Gordon hurled rough surf, high winds and heavy rain at the U.S. Gulf Coast on Tuesday, strengthening as it spun toward the northern U.S. Gulf Coast, potentially to make landfall as a hurricane. Gordon was forecast to come ashore between 7 p.m. and 9 p.m. local time on Tuesday along the Mississippi Gulf coast near the Louisiana state...

  • HOUSTON, Sept 4- Three more oil producers pulled employees out of Tropical Storm Gordon's path, and companies cut 9 percent of U.S. Gulf of Mexico oil and gas production on Tuesday as the storm churned toward an expected nighttime landfall. Talos Energy Inc, Exxon Mobil Corp and Chevron Corp on Tuesday evacuated employees and shut in several platforms in the...

  • Gordon was due to come ashore late on Tuesday near the border between Louisiana and Mississippi, and drop as much as 12 inches of rain in areas still recovering from last year's powerful hurricanes, the National Hurricane Center said. Louisiana Governor John Bel Edwards declared a state of emergency. Outer rainbands of the storm were producing gusty winds and...

  • HOUSTON, Sept 4- A second U.S. Gulf of Mexico oil producer halted some offshore production and ports along the coast curtailed operations on Tuesday as Tropical Storm Gordon strengthened and churned toward an expected nighttime landfall. It followed Anadarko Petroleum Corp's decision on Monday to shut production at two oil platforms in the northern Gulf of...

  • Tropical Storm Gordon

    Tropical Storm Gordon is expected to become a hurricane and bring high winds and heavy rain to the region.  

  • NEW YORK, Aug 22- U.S. fund investors crept into stocks as emerging market sentiment deteriorated, betting on a resolution of discord over Turkey and emerging markets, Investment Company Institute data for the latest week showed on Wednesday. Stock mutual funds and exchange-traded funds based in the United States netted $779 million in the week ended Aug. 15, ICI...

  • The company's Singapore arm was delisted earlier this month and its warehouse transferred to another LME operator, Henry Bath. Its two Antwerp units will now also be delisted. Its Singapore operations had also already been closed and metal transferred to another operator, but there were another 195 LME warrants backed by metal at other WWS locations.

  • The company's Singapore arm was delisted earlier this month and its warehouse transferred to another LME operator, Henry Bath. Its two Antwerp units will now also be delisted. Its Singapore operations had also already been closed and metal transferred to another operator, but there were another 195 LME warrants backed by metal at other WWS locations.

  • The French Quarter in New Orleans. 

    Police said two gunman shot indiscriminately into a crowd at about 10:30 p.m. local time, about three miles from the city's famed French quarter.

  • SEMBALUN, Indonesia- A powerful 6.4 magnitude earthquake struck the popular tourist island of Lombok in Indonesia on Sunday killing 14 people and sending villagers fleeing from their beds into open fields to avoid collapsing buildings. NABI SALEH, West Bank- A Palestinian teenager released from prison by Israel on Sunday after completing a sentence for...

  • LONDON, July 27- Zinc has fared worst in the industrial metals rout. From a 10- year high of $3,484.50 per tonne in February, the price of London Metal Exchange zinc slumped 30 percent to a mid-July low of $2,474. It is currently treading water around $2,570.

  • *Facebook hits record high ahead of results; Microsoft jumps. *NXP, Qualcomm dip ahead of China decision on deal. July 25- The benchmark S&P 500 and the Nasdaq rose on Wednesday on gains in technology stocks, while Boeing's disappointing results weighed on the Dow Jones Industrial Average.

  • *NXP, Qualcomm slip ahead of China decision on deal. July 25- Disappointing earnings reports from Boeing, General Motors and AT&T weighed on Wall Street's main indexes on Wednesday, though a slight uptick in health and tech stocks helped keep the S&P 500 at one-month highs. GM, Coca-Cola and other companies said the ongoing tariff disputes would hurt results,...