NEW ORLEANS — Here are the week's top business stories: Companies Bid $264M in Gulf Oil Sale Mandated by Climate Law Entergy Partners to Analyze Offshore Wind Market Average Long-Term Mortgage Rate at Lowest Level in Six Weeks Urban South…
NEW ORLEANS (press release) — Local biotech company PetVet Dx is celebrating its recent expansion in the New Orleans BioInnovation Center. The therapeutic management company specializes in infectious disease and cancer molecular diagnostic testing with the goal of improving clinical…
NEW ORLEANS — From the City of New Orleans: The revitalization of Lincoln Beach will come sooner than expected as the City of New Orleans has successfully secured a total of $24.6 million in funding to redevelop this historically, culturally,…
NEW ORLEANS (press release) — The Kimpton Hotel Fontenot has completed its expansion. The new additions include over 12,000 square feet of flexible meeting and events space, 33 new guestrooms and suites, and the city’s newest French brasserie, King, which is now…
NEW ORLEANS (press release) – Urban South Brewery is commemorating its seventh anniversary with a full day of circus-style celebration at its New Orleans and Houston taprooms on Saturday, April 8. As part of the anniversary celebration, Urban South has collaborated with…
NEW YORK (AP) — The average long-term U.S. mortgage rate inched down this week to its lowest level in six weeks, just as the spring buying season gets underway. Mortgage buyer Freddie Mac reported Thursday that the average on the…
BATON ROUGE (AP) — Four of Louisiana’s parishes were among the top 10 counties in the U.S. with the largest percentage of population loss in 2022, according to a report released Thursday by the U.S. Census Bureau. All of the…
NEW ORLEANS – Entergy has partnered with German multinational energy company RWE to analyze the Gulf of Mexico offshore wind market. The companies have signed a memorandum of understanding to jointly evaluate the delivery of clean energy from offshore wind…
NEW ORLEANS – Latter & Blum Property Management Inc. has announced a rebrand to Rampart/Wurth Holding Inc., doing business as Rampart Multifamily Management, Rampart Commercial Management and Wurth Real Estate Services. The change was announced this week at the company’s…
NEW ORLEANS — From Hynes Charter Schools and the University of New Orleans: On March 29, Hynes Charter Schools CEO Dr. Michelle Douglas, UNO President John Nicklow, along with the Hynes Charter School Corporation Board of Directors and Friends of…
METAIRIE, La. — On March 30, the owners of Felipe’s Taqueria hosted a groundbreaking celebration for a new location on Metairie Road. Expected to be complete by the end of the year, the $1.5 million new construction project will result…
NEW YORK – On March 29, the James Beard Foundation announced its 2023 restaurant and chef award nominees, leadership award winners, and humanitarian of the year and lifetime achievement honorees, in advance of the James Beard Awards ceremonies in June,…
NEW ORLEANS — From the Louisiana Ombudsman Program: In Louisiana, some 35,000 people live in 400 licensed nursing homes and assisted living facilities. By federal mandate, those residents are afforded free advocates who work diligently on their behalf to ensure…
NEW ORLEANS – The Windsor Court hotel has hired Alexander Kuzin as chef de cuisine, overseeing the Grill Room, the Polo Club, Le Salon and Café Anglais. Kuzin has introduced a new dinner menu at the Grill Room. “Chef Alex’s…
NEW ORLEANS (AP) — Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico on Wednesday in a sale mandated by last year’s climate bill compromise. The auction was the first in the Gulf in…
NEW YORK (AP) — A growing number of seniors are delaying retirement because they need the money, enjoy their work, or can't see themselves doing nothing. In a study conducted in 2021 by the American Advisors Group (AAG), 46% of…
GRAY, La. – Danos has hired Andy Claerr to serve as vice president of business development. Claerr joins the energy service provider after a 10-year stint at Halliburton, where he served as the southeast Asia sales manager, the Indonesia business…
NEW ORLEANS – The New Orleans Museum of Art has announced the appointment of Dr. Redell Hearn to the newly created position of chief educator. Hearn leads the museum’s Learning and Engagement department, including programming, partnerships and community engagement initiatives.…
NEW ORLEANS (press release) — Opportunity Hub is joining forces with Greater New Orleans Inc. and Louisiana Economic Development as a part of the “H2 the Future Build Back Better Hydrogen Energy Innovation Initiative” and the State Small Business Credit…
HARVEY (press release) — On March 27, Meyers Engineering/MGT Consulting presented the 2023 Infrastructure and Efficiency Plan to the Jefferson Parish School Board at a special session school board meeting. “This plan expands opportunities for kids, addresses staffing shortages and…
NASHVILLE, Tenn. — From the Louisiana Illuminator: The states that have legalized sports betting are reporting record levels of wagering and revenues, but with that growth comes questions about gambling addiction and whether regulators and sportsbooks are doing enough to…
NEW ORLEANS — Main Squeeze Juice Company, a New Orleans-based juice bar and smoothie chain, has acquired Tennessee-based I Love Juice Bar, a 23-unit brand with locations primarily in Tennessee and Texas. Main Squeeze will grow from 28 units to…
NEW ORLEANS — Get Online NOLA, a woman-owned small business specializing in digital marketing, has announced that the 2023 recipient of its Get Online NOLA grant is Sassy A Cosmetics. The startup will receive a free website. Sassy A Cosmetics…
WASHINGTON (AP) — Consumer confidence inched up in March after two straight monthly declines, even as persistent inflation, bank collapses and anxiety over a possible recession weighed on American households. The Conference Board reported Tuesday that its consumer confidence index…
NEW ORLEANS — The Bureau of Governmental Research has hired Emily Remington to fill the role of director of development. She will work closely with the board of directors, the membership committee, and the president and CEO to secure funding…
NEW ORLEANS — Leaf Home, a direct-to-consumer provider of home improvement products and solutions, has selected Jon Bostock to be its CEO. Bostock, who is based in New Orleans, has served as interim CEO since August 2022. He most recently…
NEW ORLEANS (press release) – Addressing a long-term shortcoming in DNA evidence for rape and sexual assault cases, New Orleans based InnoGenomics said it has developed a nanotech method, SpermX, that drastically increases usable results to solve more crimes. The…
NEW ORLEANS (press release) — Nexus Louisiana’s 12th annual Baton Rouge Entrepreneurship Week (BREW) is back during the first week of May 1-6. With an all-new festival-like experience to celebrate the spirit of entrepreneurship and innovation, Nexus Louisiana aims to…
BATON ROUGE (The Center Square) — Louisiana’s Stadium and Exposition District in New Orleans collected more than $63 million in hotel occupancy tax in fiscal year 2022, in addition to smaller contributions from the legislature. Louisiana Legislative Auditor Mike Waguespack…
NEW ORLEANS — On March 30, Gov. John Bel Edwards will sit down with author Walter Isaacson for a climate discussion at New Orleans Entrepreneur Week. The session, titled “Third Wave Industries & Climate Leadership in Louisiana,” is presented in…
