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Top News & Analysis New Orleans

  • NEW YORK, Aug 21- A majority of Americans think Confederate monuments should be preserved in public spaces, according to a Reuters/Ipsos opinion poll, a view that is at odds with efforts in many cities to remove them. Cities across the United States are debating what to do with hundreds of statues, plaques and other monuments to the slave-holding Confederacy.

  • LONDON, Aug 21- Zinc on Monday morning hit a fresh decade high of $3,180.50 per tonne on the London Metal Exchange. True, London zinc has been given a helping hand from Shanghai, where speculative froth seems to have spilled over from the iron ore and steel markets to the base metals complex. And also true, a supply-side response to high zinc prices is already starting...

  • Aug 15- A federal appeals court on Tuesday said the New York Times Co must face a defamation lawsuit by a Louisiana economics professor who said it quoted him out of context by saying he described slavery as "not so bad." The 5th U.S. Circuit Court of Appeals revived claims by Walter Block, who teaches at Loyola University, over a January 26, 2014, front page article...

  • New Orleans Mayor Landrieu: Senate 'torturing' itself into a pretzel trying to take health-care away

    New Orleans Mayor Mitch Landrieu (D) says lawmakers in Washington need to get together with state governors and mayors to come up with a bipartisan solution to health care.

  • The U.S. Department of Labor on Tuesday called for public comments on the rule, which is the first step in revoking or revising it. The rule would have doubled to $47,000 the maximum salary a worker can earn and still be eligible for mandatory overtime pay under federal wage law. The Labor Department appealed the judge's decision temporarily blocking the rule to a...

  • LOS ANGELES, July 23- "Dunkirk" and "Girls Trip" are opening above expectations at the domestic box office, while "Valerian and the City of a Thousand Planets" looks like a huge flop. Christopher Nolan's World War II film from Warner Bros. is flying past earlier projections to a $50.5 million opening weekend from 3,720 locations. "We're absolutely thrilled with this...

  • LONDON, July 7- The zinc funds-fundamentals pendulum has swung again. Back in May funds were beating a collective retreat from the London zinc market after a second failed attempt at the big-number $3,000- per tonne resistance level. The London Metal Exchange three-month price troughed at $2,427.50 on June 7, since when it has bounced back to a current $2,783.00.

  • President Donald Trump, the Labor Department has continued to fight a challenge to an Obama administration-era rule to raise the pay threshold for overtime eligibility. The Labor Department told a federal appeals court on Friday it had the power to use salaries to set thresholds for mandatory overtime pay, without advocating for the $47,500 maximum salary...

  • The Labor Department told a federal appeals court on Friday it had the power to use salaries to set thresholds for mandatory overtime pay, without advocating for the $47,500 maximum salary level set by the department under Obama. The Labor Department is challenging a November decision from a federal judge in Texas that blocked the Obama rule, a decision that...

  • THUNDER HORSE OIL PLATFORM, Gulf of Mexico, June 27- A bout 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. This is just one of the four Gulf of Mexico platforms on which BP has staked its future in U.S. oil production.

  • THUNDER HORSE OIL PLATFORM, Gulf of Mexico, June 27- A bout 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. This is just one of the four Gulf of Mexico platforms on which BP has staked its future in U.S. oil production.

  • LONDON, June 23- Copper prices on Friday reached their highest since April 7 as industrial metals benefited from rising Chinese stock markets and strong European manufacturing data, while falling inventories put zinc on track for its best week since November. Fund investors were betting on higher prices, said Peter Fertig, a consultant at Quantities...

  • LONDON, June 23- Copper prices firmed on Friday to their highest since April 7 as industrial metals benefited from rising Chinese stock markets and strong European manufacturing data, while falling inventories put zinc on track for its best week since November. "Positive sentiment around China and a rise in manufacturing PMIs out of Europe are supporting base...

  • 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...