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US new home sales relatively flat in September

U.S. sales of new homes were nearly flat in September, after the government sharply revised downward what was initially an August surge in buying. New-home sales edged up 0.2% last month to a seasonally adjusted annual rate of 467,000, the Commerce...

DATE: October 24, 2014 | CATEGORY: Daily Report

BR hotel included in $1.1B portfolio sale, to be fully renovated

The Homewood Suites by Hilton in Baton Rouge is one of 52 hotels included in a $1.1 billion portfolio sale that Inland American Real Estate Trust Inc. has entered into with a joint venture by affiliates of Northstar Realty Finance Corp. and Chatham...

DATE: October 24, 2014 | CATEGORY: Daily Report

BP shouldn't get new trial in spill ruling, Halliburton says

BP shouldn't get new trial in spill ruling, Halliburton says

BP's bid for a new trial over causes of the 2010 Gulf oil spill should be rejected because the judge didn't rely on excluded testimony, Halliburton Co. says in newly filed court papers. As Bloomberg reports, Halliburton—the cementing...

DATE: October 24, 2014 | CATEGORY: Daily Report

'Business Report': When a worker leaves on bad terms, is a non-disparagement clause in order?

'Business Report': When a worker leaves on bad terms, is a non-disparagement clause in order?

After Carol Bartz was fired from Yahoo! over the telephone in the fall of 2011, she uttered some choice words in an interview with Fortune magazine that made headlines around the world. She characterized the then-troubled company's board of...

DATE: October 24, 2014 | CATEGORY: Daily Report

'225 Dine': All Star Catering to take over Frankie's Dawg House

'225 Dine': All Star Catering to take over Frankie's Dawg House

Fans of Frankie's Dawg House will be happy to hear the local restaurant is reopening next Saturday, Nov. 1, under new owners Brian Medlin and Stuart Ourso, 225 Dine reports.

DATE: October 24, 2014 | CATEGORY: Daily Report

News roundup: Port of South Louisiana, Panama Canal Authority renew partnership … Oil producers unite to lobby for crude exports … Defective air bags raise questions about automakers' ability to handle gigantic recall

Join together: Officials from the Port of South Louisiana traveled to Panama recently to sign an amended memorandum of understanding with the Panama Canal Authority that extends for five more years a partnership that was originally...

DATE: October 24, 2014 | CATEGORY: Daily Report

Refiners along US Gulf Coast tested by weakest margins in a year

The weakest U.S. refining margins in a year are threatening to curb fuel production at plants in the nation's biggest refining corridor just as gasoline prices are nearing $3 for most Americans. Margins based on the Gulf Coast's benchmark oil, Light...

DATE: October 24, 2014 | CATEGORY: Daily Report

This year's La. soybean yield reported as one of the best

Most Louisiana farmers harvesting this year's soybean crop are reporting one of their best years, according to the LSU AgCenter's soybean specialist.

DATE: October 24, 2014 | CATEGORY: Daily Report

Key testimony in BP oil spill ruling wasn't excluded, DOJ says

The Justice Department says there's ample evidence for a federal judge's decision that BP acted recklessly in the lead-up to the 2010 Gulf oil spill, and that BP's request for a new trial should be denied. As FuelFix.com reports, in a response to...

DATE: October 24, 2014 | CATEGORY: Daily Report

New CATS bus routes delayed by council deferral, Mirabito says

The three new routes CATS was hoping to implement next month may not be put in place until next year, the transit system announced this...

DATE: October 24, 2014 | CATEGORY: Daily Report

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