Thursday, August 17, 2017
Proposals for developing rail stations in downtown Baton Rouge and the Essen Lane-Bluebonnet health district are being sought from consultants as part of a proposed Baton Rouge to New Orleans passenger rail service.
Wednesday, August 16, 2017
Those breathing a sigh of relief that the former Avondale shipyard has found a buyer that could potentially bring back some semblance of its glory years may have to temper their excitement, or at least keep it in check for a while.
The Federal Energy Regulatory Commission has accepted Commonwealth LNG's application to begin the pre-filing process for a liquefied natural gas export facility near Cameron.
Wednesday, August 16, 2017
After being outbid for Neff Corp., Baton Rouge-based H&E Equipment Services Inc. said Wednesday it will not increase its $510 million offer for the Miami-based rental firm.
Tuesday, August 15, 2017
Aquaculture Systems Technologies LLC, a tenant at LSU Innovation Park, has won a $94,000 federal grant to demonstrate a waste control process for use in growing shrimp in small family-owned tank facilities.
The Gulf Coast gained an important ally in its push to regain passenger train service when Pascagoula native William Feidt was named chief financial officer of Amtrak earlier this year.
Monday, August 14, 2017
Nearly two years after it was announced, Pin Oak Terminals has started operations at a petroleum liquids storage terminal in St. John the Baptist Parish.
Equipment rental company Neff Corp. said Monday that it has received a buyout offer superior to the bid that H&E Equipment, a Baton Rouge-based company, made last month.
LSU's Louisiana Business & Technology Center is receiving up to $125,000 to help science and technology-driven small businesses, particularly women-owned and socially and economically disadvantaged firms, pursue federal grants.
Monday, August 14, 2017
Dewmar International BMC Inc. in Clinton, Mississippi, is looking to acquire Metairie-based India Imports LLC, which does business as International Wholesale Club of New Orleans.
Sunday, August 13, 2017
Metalplate Galvanizing expanded into Jennings last year, building an almost $10 million plant just as south Louisiana was experiencing its biggest industrial boom in decades.
There's no question that the internet has changed the way people shop, luring people away from stores to shop on their computers.
Sunday, August 13, 2017
Saturday, August 12, 2017
For the first time in eight years, home sale prices in New Orleans showed signs of cooling in the first half of 2017, actually dropping by a few percentage points on average — a development that some real estate experts reacted to with little surp…
Friday, August 11, 2017
Researchers in Baton Rouge, New Orleans and Shreveport have been awarded a $20 million federal grant to continue biomedical research over the next five years for chronic disease prevention and improved health care in underserved populations in the state.
LSU Health New Orleans School of Nursing has been awarded a nearly $1.4 million federal grant over two years to prepare primary care advanced practice registered nursing students to practice in rural and underserved areas.
Fourchon LNG LLC has begun the federal permitting process for a proposed 5 million-ton, $888 million liquefied natural gas export facility at Port Fourchon.
Six Wal-Mart Neighborhood Market properties in Prairieville, New Iberia, Opelousas, Houma, Meraux and Thibodaux have been acquired for $78 million by a partnership of real estate investors.
Thursday, August 10, 2017
The first step in protecting a business from cybersecurity attacks is educating employees because nearly all breaches result from a worker clicking on a phishing email or an inappropriate website, Information Technology experts said Thursday.
Morgan City-based shipbuilder Conrad Industries Inc. increased its second-quarter profit to $1.4 million, or 27 cents per share, compared to $1.3 million, or 25 cents per share, a year ago.
Baton Rouge-based Stonehenge Growth Capital has invested $5 million in PosiGen, a Jefferson-based company that leases solar power systems to residential customers.
Wednesday, August 09, 2017
A pair of New Orleans taxi drivers sued the city on Wednesday, asking a judge to force drivers for ride-hailing services such as Uber and Lyft to undergo the same vehicle inspections as the city demands of traditional cabs.
Two years after it was put up for sale, the former Avondale shipyard has found a buyer, but few details have been released about the idle West Bank facility's future.
Tidewater Inc., a New Orleans-based offshore service vessel company, reported a loss of $524.4 million, or $11.13 per share, for the three months ending June 30, the first quarter of the firm's fiscal year.
Tuesday, August 08, 2017
The New Orleans Regional Transit Authority’s largest new transit infrastructure investment since Hurricane Katrina — its North Rampart streetcar line — actually reduced convenient access to jobs in nearby areas, according to a new report.
The Jefferson Parish Council is expected on Wednesday to award a financial services contract worth more than $500,000 a year to one of four companies vying for the job.
The LSU Health New Orleans School of Public Health has been awarded a $15 million federal grant to support its cancer education, early detection, comprehensive control and registry programs.
Three years after establishing a presence in St. John the Baptist Parish when it acquired River Parishes Hospital, Ochsner Health System opened the doors Tuesday on a new 20,000-square-foot medical complex near Tiffany Drive and Airline Highway in…
Monday, August 07, 2017
Gonzales-based baby products maker Crown Crafts Inc. has boosted its online presence with an $8.8 million acquisition of Douglasville, Georgia-based Carousel Designs LLC.
The parent company of Baton Rouge-based Investar Bank will acquire The Highlands Bank and its five area branches in a cash-and-stock deal valued at $22.1 million.
Sunday, August 06, 2017
Friday, August 04, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. decreased by four this week to 954. Louisiana was down five rigs to 67, but 25 higher than a year ago.
Thursday, August 03, 2017
New Orleans-based International-Matex Tank Terminals has agreed to acquire Epic Midstream, a liquid bulk storage and logistics company that operates seven terminals in the U.S., with its chief operations in Savannah, Georgia.
Wednesday, August 02, 2017
Lafayette-based PetroQuest Energy Inc. reported a second-quarter loss of $3.4 million, or 16 cents per share, considerably better than the $24.1 million, or $1.38 per share, lost for the same period a year earlier.
Lafayette-based home health firm LHC Group Inc. reported its second-quarter profit swelled to $11.3 million, or 63 cents per share, compared to $9.5 million or 54 cents per share, a year ago.
Gonzales-based Crown Crafts will market and distribute a new line of infant bedding, blankets, bibs and bath products bearing talk show host and Metairie native Ellen DeGeneres' ED brand name.
The Louisiana Association of Business and Industry, the state’s leading business lobbying group, has a deal in place to buy a building at 500 Main St. and move its offices to downtown Baton Rouge.
A loss from shedding its merchant nuclear plants dropped Entergy Corp.'s second-quarter profit to $409.9 million, $2.27 per share, from $567.3 million, or $3.11 per share,
Monday, July 31, 2017
IberiaBank in Lafayette has completed its $1 billion acquisition of Sabadell United Bank, which has 28 branches in south Florida.
COLUMBIA, S.C. — Billions of dollars spent on two new nuclear reactors in South Carolina that have a corporate history tied to Baton Rouge went down the drain Monday when the owners nixed plans to finish them after years of delays and cost overrun…
Tidewater Inc., a New Orleans-based offshore service vessel company, has emerged from bankruptcy protection under a prepackaged plan that wiped out an estimated $1.6 billion in debt and eliminated $73 million in annual interest and operating lease…
Australia's exports of liquefied natural gas have grown so fast that parts of the country have experienced shortages and price spikes, but that won't happen in the United States. The reason? U.S. production and supplies of natural gas are so much …