Ochsner Health System will turn the shuttered Louisiana Heart Hospital in Lacombe into a post-acute care hospital with the next year to 18 months, Ochsner President and CEO Warner Thomas said Friday.
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.
Friday, June 23, 2017
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
Robert R. Barkerding, president of a maritime-focused security firm, has been elected chairman of the board of commissioners of the Port of New Orleans.
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
The former Our Lady of Good Counsel School in New Orleans' Garden District has been converted into 22 one- and two-bedroom apartments.
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.
New Orleans brought the hammer down Wednesday on a handful of short-term rental owners in the French Quarter, levying the maximum fines against owners of a half-dozen properties accused of breaking new city regulations.
Tuesday, June 20, 2017
New Orleans-based Pine Biotech, which has developed a software platform for commercial research scientists and biomedical researchers to discover molecules, vaccines and other cellular pathways, has raised $1,025,000 in seed money from investors, …
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
Starlight Studios, a sprawling 35-acre movie-studio campus in New Orleans East, unveiled two buildings Monday, among the largest brick-and-mortar investments into a Louisiana film industry that has struggled in recent years.
Monday, June 19, 2017
Officials with St. John the Baptist Parish on Monday announced establishment of the parish's first Cultural District Coalition, a community partnership that marks the latest step in an ongoing effort to spur revitalization and secure coveted state…
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.
King’s Marble & Granite, a Gretna-based company, has purchased a 2.32-acre site off Airline Highway in Prairieville for a showroom and distribution center.
Monday, June 19, 2017
The Idea Village has named Sally Forman, one of its original co-founders, as acting chief executive officer and will be relocating its offices to the Contemporary Arts Center in downtown New Orleans.
Sunday, June 18, 2017
The first 360-degree video David Holtman and Ryan Becnel saw struck them so profoundly that the founders of R&D Design ran out and dropped "six or seven grand" on their own 360 rig.
Saturday, June 17, 2017
Galatoire's is eyeing the possibility of expanding its family of restaurants, with the French Quarter landmark's owners buying a pair of buildings that might serve as new culinary venues.
Friday, June 16, 2017
Louisiana reversed its job decline in May, adding 6,300 people to payrolls over a 12-month period that saw gains in four job sectors offset losses in six others that included a still-struggling oil and gas industry.
Mauser Group will invest $10 million in a new Louisiana packaging facility in Geismar, near its major industrial customers in Ascension Parish.
Whole Foods, with its history linked to the marriage of a New Orleans grocery co-op and budding Austin, Texas, chain, is being gobbled up nearly three decades later by online retailer Amazon in a deal valued at about $13.7 billion.
Baton Rouge-based Amedisys Inc. has agreed to pay $43.8 million to settle a federal lawsuit by investors who claimed the home health care firm and top executives inflated the company's financial results and share prices through a Medicare fraud scheme.
Thursday, June 15, 2017
For the second time this month, the Kenner City Council on Thursday night passed a vehicle-for-hire ordinance that would regulate ride-hailing companies like Uber and Lyft, as well as taxis.
New residential buildings on an 11-block stretch of St. Bernard Avenue will be allowed to include more units than normally permitted if they include some units for low-income people, the New Orleans City Council decided Thursday.
Former state representative Bryan Adams has been named executive director of the Louisiana Seafood Promotion and Marketing Board.
Mattress company Select Comfort Corp. plans to open a call-in and online live chat sales center in Jefferson Parish in August that will create 225 full-time jobs, company and state officials said Thursday.
Wednesday, June 14, 2017
Louisiana is on track to receive at least $8.7 billion from BP over the next 15 years for coastal restoration efforts, a move that will create thousands of jobs and protect important industries such as fisheries, ports and energy.
Tuesday, June 13, 2017
For decades Orleans Parish Assessor Erroll Williams has marched to his own drummer when it comes to setting property values, using a system that reassesses properties in different areas of the city each year and immediately bumps properties anywhe…
Plans for a two-story bar with an outdoor seating area to replace a derelict gas station in Gert Town were approved Tuesday by New Orleans city planners.
New Orleans-based Tidewater Inc. reported a loss of $94.9 million, or $2.01 per share, for the fourth quarter of its fiscal year. A year earlier the offshore service vessel company lost $81.8 million, or $1.74 per share.
New Orleans is starting to crack down on property owners who have been flouting the city's new rules on short-term rentals, with 10 owners in the French Quarter facing administrative hearings next week.
Monday, June 12, 2017
Children's clothing retailer Gymboree Corp., which has eight south Louisiana locations of its three store brands, is filing for Chapter 11 bankruptcy protection, the latest sign of traditional retailers' struggles as shoppers shun stores and buy online.
Pledging to create "the largest continuous riverfront footprint" in the country, Mayor Mitch Landrieu on Monday laid out his rationale for backing a deal that would turn over the Public Belt Railroad to the Port of New Orleans in exchange for two …
Sunday, June 11, 2017
Saturday, June 10, 2017
Six weeks later, local defense lawyers who specialize in white-collar crime are circling in the water, fielding calls from former bank officials and others affected by First NBC Bank's sudden collapse.
Richard O'Dom had no experience in the industry when he sought an $8 million personal loan to buy a Georgia auto insurance company in 2007, court records show.
Long before he became known as the man trying to score a payday out of the World Trade Center redevelopment in New Orleans, holding it up for years in the process, Stuart "Neil" Fisher was the man trying to squeeze a check out of a racehorse owner…
This weekend’s S.O.S. — Save Our Store — alarmed Bayou Road neighbors and African-American families who have relied upon Community Book Center for nearly 34 years.
A developer looking to build a “resort-style” destination, including a sand beach, swimming pool and two-story event space, on the Mississippi River at Algiers Point has begun holding community meetings in advance of starting the federal and local…
Friday, June 09, 2017
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. rose by 11 this week to 927. Louisiana gained 1 rig to 64, but is up 17 from a year ago.
After months of uncertainty, Port of New Orleans officials on Friday approved a resolution that paves the way for negotiations to begin on a blockbuster swap that would turn over the city-owned Public Belt Railroad to the port in exchange for two …