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Top News & Analysis New Orleans

  • SYDNEY, June 23- Copper rallied late on Friday as the dollar weakened, forcing shorts to cover positions ahead of the weekend, while zinc fell on profit-taking following this week's surge on supply concerns. *COPPER: London Metal Exchange copper rallied by 1.4 percent to $5,820 a tonne by 0753 GMT. *Shanghai Futures Exchange copper rallied 1.5 percent to 46,690...

  • June 21- Tropical Storm Cindy churned slowly on Wednesday across the Gulf of Mexico toward an expected landing on the Texas- Louisiana border, after claiming the life of a vacationing child and threatening to bring flash floods from Texas to Florida. Louisiana Governor John Bel Edwards declared a state of emergency and readied emergency vehicles and the...

  • June 21- Tropical Storm Cindy weakened slightly on Wednesday afternoon as it headed toward landfall on the Texas- Louisiana border, but it still threatened to bring flash floods from Texas to Florida, according to the National Hurricane Center. Louisiana Governor John Bel Edwards declared a state of emergency and readied emergency vehicles and the Louisiana...

  • June 21- Tropical Storm Cindy is expected to make landfall on the Gulf Coast near the Texas- Louisiana border on Wednesday, threatening to bring flash floods from Texas to Florida, according to the National Hurricane Center. The storm was moving northwest at nearly 10 miles per hour, and forecasters said they expect this motion to continue and landfall to be made...

  • June 21- Tropical Storm Cindy is likely to hit the Gulf Coast near the Texas- Louisiana border on Wednesday night, threatening to bring flash floods from Texas to Florida, according to the National Hurricane Center. Cindy was projected to produce 6 to 9 inches of rain that could reach up to 12 inches in parts of Louisiana, Mississippi, Alabama and Florida, and cause "...

  • June 20- Communities and oil refining and production facilities from Texas to Florida braced on Tuesday for potential disruptions as Tropical Storm Cindy strengthened over the U.S. On the forecast track, the center of Cindy will approach the coast of southwest Louisiana and southeast Texas late Wednesday, and move inland over southeastern Texas on Thursday,...

  • June 20- Communities and oil refining and production facilities from Texas to Florida braced on Tuesday for potential disruptions as Tropical Storm Cindy meandered over the U.S. It was expected to approach the coast of southwest Louisiana late Wednesday and move inland over western Louisiana and eastern Texas on Thursday. "The winds aren't looking to get...

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of stronger demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years...

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of stronger demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years...

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of higher demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years due...

  • She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years due to mine closures. HOME PRICES: Home prices leveled off in China's biggest cities in May but continued to climb nationwide, indicating demand remains resilient despite a series of government...

  • 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...