AJ Rosenbohm, a Louisiana native and veteran newspaper production executive, has joined The Advocate as vice president of production.
Friday, July 21, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. decreased by two this week to 950. Louisiana's count rose four rigs for the week to 71, which is 27 more than a year ago.
Friday, July 21, 2017
Lafayette-based IberiaBank Corp. reported a second-quarter profit of $51.1 million, or 99 cents per share, compared to $50 million, or $1.21 per share, a year ago.
Thursday, July 20, 2017
A historic trade agreement with China will allow exports of milled rice from the United States, providing a big opportunity for Louisiana rice mills and farmers, agriculture officials said Thursday.
Wednesday, July 19, 2017
The Southern University Agricultural Research and Extension Center says seven vendors have submitted applications to potentially become the medical marijuana cultivator for the center.
Monday, July 17, 2017
First NBC Bank founder and former president Ashton Ryan Jr. has asked a federal bankruptcy judge to let him begin collecting from insurance policies long held by the failed bank to cover mounting legal costs tied to his role there.
Rate increases averaging from 12 percent to 36 percent are on tap in 2018 for many Louisianians who buy health insurance through the federal marketplace amid the uncertainty of Republicans' efforts to dismantle Obamacare.
Sunday, July 16, 2017
Louisiana’s publicly traded companies continued to lag behind major stock indexes, despite a strong second quarter for local home health businesses and most banks.
Sunday, July 16, 2017
Friday, July 14, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. remained unchanged this week, staying at 952. Louisiana dropped two rigs for the week to 67, still up 21 from a year ago.
Baton Rouge-based H&E Equipment Services Inc. will acquire Miami-based equipment rental firm Neff Corp. in a $1.2 billion deal that will nearly double the number of H&E branches from 78 to 147.
Gulf Island Fabrication Inc.'s Houma shipyard will build a $122 million oceangoing research vessel for Oregon State University, and possibly two more under a new contract.
Thursday, July 13, 2017
With an abundance of new medical construction projects in New Orleans, state and local officials hope the tens of thousands of new jobs projected for the health-services sector over the next decade will be a boom for the region's low- and middle-s…
Tulane Health System has opened a pediatric inflammatory bowel disease center at Tulane Lakeside Hospital for Women and Children in Metairie.
Lafayette-based PetroQuest Energy Inc. reported its first multi-well project in the Cotton Valley field produced the equivalent of 38.2 million cubic feet of natural gas during the first 24 hours of production.
Los Angeles-based HyreCar has entered the Louisiana market — offering to connect car owners who want to make extra money to drivers looking to get-around on their own in a rental or become drivers for ride-hailing services such as Lyft or Uber.
Wednesday, July 12, 2017
The Minnesota attorney general's office filed suit Wednesday against CenturyLink, alleging the Louisiana-based telecom giant billed customers for higher amounts than its sales agents had quoted for internet and cable service, in some cases by twic…
A joint venture led by Houston-based Talos Energy LLC has made "a historic" offshore Mexico oil discovery, with the well reservoir estimated at 1.4 billion to 2 billion barrels.
Private flood insurance would reduce premiums for 69 percent of single-family homes in Louisiana, with 42 percent of homeowners paying less than one-fifth the price of policies purchased through the National Flood Insurance Program, according to a…
Tuesday, July 11, 2017
A proposed prohibition in Maine on miniature booze sales opposed by New Orleans-based Sazerac and industry groups died Tuesday after a key vote from that state's liquor commission.
Shell E and P Offshore Services B.V. is buying the floating production, storage and offloading and subsea infrastructure facility Turritella in a $1 billion deal.
Monday, July 10, 2017
Sazerac, the Louisiana-based producer of the zippy Fireball cinnamon whiskey, is fighting against Maine's governor's proposed ban on in-state sales of tiny alcohol bottles.
Jason El Koubi has resigned as chief executive of One Acadiana to serve as executive vice president of the Virginia Economic Development Partnership, the No. 2 position at that state's economic development authority.
Sunday, July 09, 2017
Saturday, July 08, 2017
Andrew Legrand learned firsthand that communicating about mutual expectations and values is a critical but often overlooked early step for people who plan to go into business together.
Thursday, July 06, 2017
Sunday, July 02, 2017
Wednesday, June 28, 2017
Cox Communications is going to set data caps on Louisiana home internet usage in July, and the small number of customers the company says are the heaviest users of streaming video and music will have to pay more.
Sunday, June 25, 2017
Saturday, June 24, 2017
While Louisiana has just lived through Tropical Storm Cindy and the anniversary of last August's devastating floods is fast approaching, Congress is wrestling with proposals for revising the flood insurance program that have cost-saving measures c…
Few have utilized swag as well as President Donald Trump, and the Louisiana woman behind his iconic "Make America Great Again" hats is happy to help — one million times and counting.
Friday, June 23, 2017
Jeanerette-based shipbuilder Metal Shark has won a federal contract that could be worth $54 million to build Near Coastal Patrol Vessels.
Despite a prolonged slump in oil prices, U.S. oil-drilling activity is more than double what it was a year ago and Louisiana's overall count is up.
The jobs picture remained mixed for Louisiana in May, with the state posting a slight increase in employment but the majority of metro areas once again posting year-to-year losses.
Thursday, June 22, 2017
MidSouth Bancorp officials said a recent $55 million stock sale is part of an effort to address concerns by federal bank regulators who recently found the institution is in "troubled condition" because of sustained low oil prices.
Wednesday, June 21, 2017
Offshore oil and gas operators in the Gulf of Mexico are evacuating production platforms and shutting in wells ahead of Tropical Storm Cindy, which is expected to make landfall sometime early Thursday.
Tuesday, June 20, 2017
A new report says by 2020 Louisiana's oil and gas industry will recover about half the 17,000 jobs lost during the recent downturn, while energy manufacturing and refining sectors will remain strong.
Monday, June 19, 2017
Louisiana business and political leaders say President Donald Trump’s new restrictions on dealing with the Cuban government will have little effect on efforts to boost trade between the state and the communist country.