Business News

Port of South Louisiana to renegotiate price for Avondale after studies on 'feasibility'

BY ANTHONY MCAULEY | Staff writer
13 hrs ago

The Port of South Louisiana will return to the negotiating table over its proposed purchase of the Avondale Global Gateway, a sign that the controversial $445 million price tag for the former …

Former First NBC board members hit with fines, lifetime banking bans for oversight failures

BY ANTHONY MCAULEY | Staff writer
17 hrs ago

Several former directors of First NBC Bank have been banned from serving on any federally-insured bank boards in the future and some fined by federal regulators, who said that they failed to a…

Trader Joe's is coming to New Orleans, and our readers shared what they love about it

BY CHELSEA SHANNON | Staff writer
Updated 19 hrs ago

Trader Joe's could be coming to New Orleans, a source close to the development disclosed last week. And that news had many fans of the California-based grocery store chain celebrating.

St. Tammany property transfers May 16-22, 2023. See a list of home and other sales

Jun 8, 2023

ST. TAMMANY

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East Jefferson property transfers for May 23-24, 2023. See a list of home and other sales

Jun 8, 2023

Below is a compilation of properties sold in East Jefferson Parish for May 23-24.

West Jefferson property transfers for May 23-24, 2023. See a list of home and other sales

Jun 8, 2023

Below is a compilation of properties sold in West Jefferson Parish from May 23-24. Data is compiled from public records.

Orleans Parish property transfers for May 29 to June 2, 2023. See a list of home and other sales

Staff report
Jun 8, 2023

Below is a compilation of properties sold in Orleans Parish from May 29 to June 2, 2023. Data is compiled from public records.

Metairie hospital spending $14.1 million to expand intensive care

By DREW BROACH | Staff writer
Jun 8, 2023

LCMC bought East Jefferson General in 2020, committed to $100 million in upgrades

What to know about Louisiana's budget before the last day of the legislative session

By JAMES FINN | Staff writer
Jun 7, 2023

A bloc of conservatives in the Louisiana House have sparred for weeks with more moderate Republicans and legislative leadership, vowing that at least 36 of them would hold the line and cut spending.

Covington-based Netchex acquired by New York investors

By STEPHANIE RIEGEL | Staff writer
Jun 7, 2023

Covington-based Netchex, a 20-year-old company that provides online payroll and human resources services to more than 6,400 clients across the U.S., has been acquired by a New York-based priva…

Louisiana begins negotiations for first three wind farms in the Gulf of Mexico

BY TRISTAN BAURICK | Staff writer
Updated Jun 7, 2023

Gov. John Bel Edwards has made offshore wind development a key component of Louisiana's efforts to combat climate change. Japanese and Norwegian companies are in the running for projects near …

Huge Louisiana plant in focus amid efforts to reduce fertilizer emissions

By Josie Heimsoth | Columbia Missourian
Jun 7, 2023

Critics say producers are choosing false solutions to shrink their footprint

Million-dollar houses in coveted New Orleans, Metairie and north shore neighborhoods

BY VICTOR ANDREWS | Staff writer
Jun 7, 2023

The New Orleans-area real estate portfolio is a dazzling mix of dwellings of all types, drawing on the city's rich heritage of influences, from the Old World styles of France, Spain and Englan…

On D-Day anniversary, World War II Museum sets opening date for latest expansion; see plans

BY ANTHONY MCAULEY | Staff writer
Jun 6, 2023

The National World War II Museum on Tuesday announced the planned opening date of the $47 million Liberation Pavilion, its seventh and final permanent exhibition that will deal with the end of…

Here’s how much ExxonMobil is donating to LSU for carbon capture research, workforce programs

BY ROBERT STEWART | Staff writer
Jun 6, 2023

ExxonMobil is donating $2 million to LSU to support carbon capture research, student scholarships and workforce development programs, the company and university announced Tuesday.

North shore nonprofit set to purchase Chateau de Notre Dame, other elder care facilities

By STEPHANIE RIEGEL | Staff writer
Jun 6, 2023

Mandeville-based nursing home operator CommCare is set to finalize its purchase of four of the largest Roman Catholic elderly care facilities in the New Orleans metro area, signaling the local…

Gulf 'dead zone' forecast to be smaller than average, but still twice reduction goal

BY MARK SCHLEIFSTEIN | Staff writer
Jun 5, 2023

Low-oxygen area could amount to more than six Lake Pontchartrains this summer. Efforts to reduce nutrient pollution flowing down the Mississippi River from the Midwest have so far not worked.

Delta Chemical in Jefferson purchased by Nebraska company

BY ROBERT STEWART | Staff writer
Jun 5, 2023

Delta Chemical Corp., a water treatment services company based in Jefferson, has been acquired by Nebraska-based Water Engineering Inc., the companies have announced.

Louisiana House, Senate strike deal on controversial spending cap: 'We're in good shape'

By JAMES FINN | Staff writer
Jun 5, 2023

Louisiana lawmakers are one step closer to spending millions of extra dollars on infrastructure, local projects and hospitals after a House panel reached an agreement with Senate leaders to li…

Talking Business: What's up with the Clearview City Center project? Thomas Richards updates.

BY ANTHONY McAULEY | Staff writer
Jun 5, 2023

Thomas Richards, head of the family company that has owned Clearview Mall in Metairie since its inception in 1968, announced at the end of 2019 that he would embark on a $100 million overhaul …

Vietnamese farming cooperative in New Orleans East creates jobs with healthy food

BY TRISTAN BAURICK | Staff writer
Jun 4, 2023

Amid the long commercial thoroughfares and sprawling subdivisions of New Orleans East is a little oasis of fruit trees, chickens and row after of row of leafy greens that Thanh Nguyen tends to…

This low-key West Bank military school is embarking on a $50 million expansion

BY ANTHONY MCAULEY | Staff writer
Jun 4, 2023

Public charter school touts structure, discipline, requires Junior ROTC

Former Pennington head makes donation, Benson Capital official to speak

Jun 4, 2023

Benson Capital Partner director to speak to ACG Tuesday

New board member at Pan-American Life, new hire at Pennington

Jun 4, 2023

New Orleans

Louisiana Senate puts local projects, hospital cash on the bubble, pressuring the House

By JAMES FINN | Staff writer
Jun 3, 2023

Teacher pay raises, infrastructure projects and other spending stripped from Louisiana's budget plan by the state House would be funded again under spending bills advanced Saturday by the Sena…

The Audubon Institute's $41M bet: a refurbished aquarium will spark post-pandemic revival

By STEPHANIE RIEGEL | Staff writer
Jun 3, 2023

When the Audubon Aquarium of the Americas opened in 1990, it transformed the foot of Canal Street by adding a family-friendly attraction steps from the French Quarter.

On the north shore of Lake Pontchartrain, a New Orleans dairy belt was born

BY RICHARD CAMPANELLA | Contributing writer
Updated Jun 2, 2023

Historically, most major cities had a “dairy belt,” a rural zone far enough away where cows could be raised inexpensively, but close enough so that milk could be delivered fresh.

Louisiana lawmakers work behind scenes to resolve budget stalemate: 'Time to accelerate'

By JAMES FINN | Staff writer
Jun 1, 2023

The Louisiana House and Senate worked behind the scenes Thursday to resolve an impasse over how to spend $2.2 billion in extra cash, though the end of the legislative workday brought few solutions.