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Top News & Analysis New Orleans

  • WASHINGTON, April 21- The U.S. Department of Justice threatened on Friday to cut off funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called "sanctuary cities" that do not cooperate with federal immigration authorities. Those threatened include: the state of California; New...

  • BUFFALO, New York, April 21- Laicie Manzella lived in a rundown house on Buffalos east side when three of her children tested with dangerously high levels of lead in their blood. A Reuters investigation found at least four city zip codes here where 40 percent of children tested from 2006 to 2014 had high lead levels, making Buffalo among the most dangerous lead...

  • This time it is the turn of Access World, the metal logistics arm of Glencore that was previously known as Pacorini Metals, to feel the regulatory heat. Its U.S. subsidiary has just been hit with a $1.4- million fine plus costs for, the LME alleges, falsifying documents related to its storage of zinc in the U.S. port of New Orleans. Access World has settled with the LME...

  • 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.

  • SAN FRANCISCO, March 29- Blue Apron, the biggest U.S. meal kit company, has hired investment bankers to lead its 2017 initial public offering, according to people familiar with the matter. New York City- based Blue Apron has selected Goldman Sachs, Morgan Stanley and Citigroup Inc to lead the offering that could come as soon as this fall, the sources said.

  • *Copper down 0.7 pct at $5,760 after touching $5,671. Benchmark copper on the London Metal Exchange ended 0.7 percent down at $5,760 a tonne, having touched $5,671, its lowest since March 9. "His failure on Obamacare has created uncertainty about whether he can push his policies through Congress."

  • Benchmark copper on the London Metal Exchange was down 1.6 percent at $5,712 a tonne by 1127 GMT. "His failure on Obamacare has created uncertainty about whether he can push his policies through Congress." HEALTHCARE: Trump suffered a political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul...

  • That's good news for the many zinc bulls out there, who have already seen the price of London zinc rise from under $1,600 per tonne to $2,860 over the last year. And when will this evolving bull story start affecting China, the world's biggest producer and consumer of zinc? Most of the cancellation activity has taken place at New Orleans.

  • That's good news for the many zinc bulls out there, who have already seen the price of London zinc rise from under $1,600 per tonne to $2,860 over the last year. And when will this evolving bull story start affecting China, the world's biggest producer and consumer of zinc? Most of the cancellation activity has taken place at New Orleans.

  • 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.

  • HENDERSON, Louisiana, Feb 22- When Hope Rosinski's father gave her a six-acre plot in Louisiana more than a decade ago, she was surprised to find oil and gas pipelines crisscrossing the property. Opposition to the company's planned extension of the Bayou Bridge pipeline has made Louisiana bayous the latest battleground in a nationwide war against new pipeline...

  • CHICAGO, Feb 23- A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans, leaving U.S. barge companies that haul grain, coal and other bulk goods counting their losses. Barge lease rates paid to companies like Archer Daniels Midland Co's American River Transportation Company, privately held Ingram Barge and a handful of...

  • HENDERSON, Louisiana, Feb 22- When Hope Rosinski's father gave her a six-acre plot in Louisiana more than a decade ago, she was surprised to find oil and gas pipelines crisscrossing the property. Opposition to the company's planned extension of the Bayou Bridge pipeline has made Louisiana bayous the latest battleground in a nationwide war against new pipeline...

  • Popeyes shareholders will get $79.00 for each share they hold, a 19.5 percent premium to the stock's Friday close. Popeyes, whose fans include pop singer Beyoncé, began 45 years ago as a Southern-fried "Chicken on the Run" restaurant in a New Orleans suburb. Popeyes received financial advice from UBS and Genesis Capital LLC and legal counsel from King& Spalding...

  • The deal, which will likely value Popeyes at more than $1.7 billion, is a bet by Oakville, Ontario- based Restaurant Brands that it can use its international reach to introduce Popeyes' Louisiana-style fried chicken and buttermilk biscuits to more diners globally. Restaurant Brands did not respond immediately to a request for comment, while Popeyes decline to...

  • 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.

  • Entrepreneur:

    Serial entrepreneur Sidney Torres IV says business leaders should step up to solve problems that the government has not.