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Top News & Analysis New Orleans

  • 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...

  • First NBC was closed by the Louisiana Office of Financial Institutions, which appointed the Federal Deposit Insurance Corporation as the receiver. The regulator said Gulfport, Mississippi- based Whitney Bank would assume all of First NBC's transactional deposits and branches. Whitney Bank will reopen 24 branches of First NBC in Louisiana and five branches...

  • Mergers & acquisitions professionals are talking about dealmaking in the Trump administration era at Tulane's 29th Annual Corporate Law Institute.

    "At least for the next year, there are not going to be a lot of companies willing to stand in front of a freight train," one M&A attorney says.

  • MobileQubes co-founder and CEO Sean Carrigan (left) and Jason Palmer, COO

    This 2014 start-up provides self-service kiosks so customers can rent portable battery packs to charge mobile devices on the go.

  • New Orleans, Louisiana Downtown Skyline

    The truck struck three other vehicles, including a dump truck, before veering onto the median where a crowd of people stood.

  • President Donald Trump holds up a statue he received as a gift while meeting with county sheriffs in the Oval Office of the White House on February 7, 2017 in Washington, DC.

    Here are some of the key stories CNBC is following this hour.

  • AstraZeneca has scrapped a $3.5 billion-a-year sales target for failed heart drug Brilinta by 2023.

  • Sidney Torres (right) with New Orleans Mayor Mitch Landrieu.

    New Orleans entrepreneur Sidney Torres put up his own money to address his city's problems after robbers broke into his home.