NEW ORLEANS – Entergy Corporation reported fourth quarter 2020 earnings per share of $1.93 on an as-reported basis and 71 cents on an adjusted basis (non-GAAP). For the full year, the company reported 2020 earnings per share of $6.90 on…
NEW ORLEANS - JPMorgan Chase & Co. announced that it has invested $10 million in Liberty Bank to "strengthen the independent, African American bank, increase local lending and promote market expansion." “This infusion of capital will allow us to scale…
NEW YORK (AP) - The recent GameStop frenzy provided what parents and educators call a teachable moment — an opportunity that presents itself to lend a little insight. So what is the best way for parents to teach kids about…
NEW ORLEANS - The NO/LA Angel Network announced that Graham Ralston and Corey Tisdale have joined its board of drectors. Ralston serves as New Orleans market president of Regions Bank. Tisdale is a serial entrepreneur and was the CEO and…
WASHINGTON (AP) — U.S. consumers increased their borrowing in December by $9.7 billion, as Americans took out loans to buy autos or finance their educations. But credit card use declined for the third-consecutive month. The rise in total borrowing in…
LOS ANGELES (AP) — GameStop and a handful of other stocks whose meteoric rise last month shocked Wall Street began falling back to Earth this week. But the campaign that briefly pushed GameStop up by 1,600% at the expense of…
WASHINGTON (AP) — The nation's top financial markets regulators say they will look into whether recent stock market turbulence is an indication that current trading practices are not doing enough to protect investors. The Treasury Department said Thursday that regulators…
WASHINGTON (AP) — Treasury Secretary Janet Yellen says there are “tough months ahead” for the country with COVID-19 continuing to flare, making it critical that Congress pass President Joe Biden's $1.9 trillion relief package. In her first public interview since…
NEW ORLEANS – Gulf Coast Bank & Trust Company President and CEO Guy T. Williams said the bank has worked hard to respond to the demands of the COVID-19 pandemic - and, as a result, experienced record growth in 2020. “Last…
NEW ORLEANS - Chris Ferris, the president and CEO of Fidelity Bank, said the second round of Paycheck Protection Program loans has attracted newcomers to the program - and some defectors from bigger banks. “Restaurants, bars and lodging have been…
METAIRIE - Metairie Bank and Trust has announced the hiring of Todd Rauch, CPA, as its new vice president and chief financial officer. Rauch will be responsible for all financial operations and activities, including financial reporting, budgeting, investments, and interest…
NEW YORK (NerdWallet) – As you take a closer look at your financial footing amid the headwinds of a pandemic, it’s an excellent time to examine the possible impact of a Joe Biden presidency on money matters. The balance of Congress…
NEW YORK (AP) — U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy. The S&P 500 was 1.3% higher at 3,848 in…
NEW ORLEANS — WYES TV is unveiling new shows and moving others to new time slots. The changes begin in February. The biggest change is local arts and entertainment program Steppin' Out will move from 7 p.m. Fridays to 7…
BATON ROUGE – The Louisiana Department of Treasury said that S&P and Fitch Ratings upgraded the rating on $201 million in state highway improvement bonds that will be refinanced to repair and resurface rural roads across Louisiana. This is the…
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signaled far in…
NEW ORLEANS - On the inaugural virtual Business Forum co-presented by Biz New Orleans (click here to watch), iconic publishing executive Steve Forbes said the beginning of a pandemic recovery in 2021 will provide plenty of opportunities for businesses and…
NEW ORLEANS - Home Bank has announced the promotion of John J. Zollinger IV to the role of senior vice president and director of commercial banking. Zollinger joined Home Bank in 2010 and has been a banker for 30 years.…
BATON ROUGE — A group of 14 students in the LSU E.J. Ourso College of Business have completed the first cohort of the new Venture Capital Apprentice Program provided in partnership with the LSU Finance Department, Nexus Louisiana and its…
CHARLOTTE, N.C. (AP) — A growing number of Wall Street banks and businesses have cut ties with President Donald Trump's campaign and financial arms, as well as the broader Republican Party, following last week's riots and insurrection at the U.S.…
NEW ORLEANS - Fidelity Bank and WDSU have awarded a $5,000 prize to Joe Franklin, the winner of their home office makeover contest. With millions of people working from home due to the COVID-19 crisis, Fidelity Bank and WDSU have…
NEW YORK (AP) - Didn't get your second relief check yet? You aren't alone. While the IRS and Treasury have distributed the bulk of the anticipated $164 million in second-round of relief payments for Americans faster than the first time,…
GULFPORT, Miss. — Hancock Whitney bank has named veteran brand and marketing strategy executive Laura Sullivan Ethridge as its new chief marketing officer. As Hancock Whitney’s CMO, Ethridge is the executive vice president responsible for leading the company’s marketing strategy…
WASHINGTON, D.C. — Independent Banker magazine, the monthly publication of the Independent Community Bankers of America, has recognized five community banks for their exemplary efforts to create an exceptional work environment for employees. “Community banks have always valued relationships and…
NEW ORLEANS - Biz New Orleans magazine – the national award-winning monthly business publication – will publish the inaugural edition of the New Orleans 500, a book profiling the most influential leaders in greater New Orleans, in the fourth quarter of 2021. Click…
NEW YORK (AP) - As we close out 2020 and enter 2021, most of us are anxiously awaiting a happier year ahead. Traditionally, we mark the fresh calendar year with New Year’s resolutions to keep us hopeful and motivated —…
NEW YORK (AP) — U.S. stocks rose in morning trading Wednesday as the effort to develop and distribute vaccines to fight the virus pandemic ramps up. The early gains put the market back on positive footing following a modest pullback…
NEW YORK (AP) - Stocks rose in early trading Tuesday, as investors continue to close out positions for the New Year and after President Donald Trump signed into law the $900 billion coronavirus economic stimulus package. Wall Street set fresh…
NEW ORLEANS - Fidelity Bank President Chris Ferris said small business owners should be cheering the passage of the new federal stimulus bill. “There is a lot of great help … both from the standpoint of reforming the first round…
NEW ORLEANS - A second wave of federal coronavirus relief totaling $900 billion could begin flowing to millions of Americans as soon as the year’s end, nearly nine months after Congress passed the original pandemic relief package known as the CARES…
