business

Coastal Desk
1:55 pm
Mon June 30, 2014

Coastal Restoration Drives An Industry Boom

LeBlanc Marine offloads concrete artificial oyster reef materials in a St. Bernard Parish marsh.
Credit Jesse Hardman / WWNO

This spring a state committee approved $477 million for coastal protection and restoration. When you throw in federal dollars, and private funding as well, fixing Louisiana's coast is becoming big business.

Here are some of the people who stand to benefit.

Deep in St. Bernard Parish’s Lake Athanasio, a construction crew is hard at work. Ben Leblanc is standing on a floating barge, overseeing his troops who are knee deep in marsh, battling enormous horse flies.

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Out To Lunch
1:00 pm
Thu June 26, 2014

Out To Lunch: There's No Business Like Show Business

Chris Trew, Bill Taylor and Peter Ricchiuti.
Credit Grant Morris / It's New Orleans

New Orleans is celebrated across the country and around the world as a center of extraordinary live entertainment. Not just in the French Quarter but all over the city there's a vast amount of live music, theater, and comedy every night of the year.

However, on the inside of what appears to be a thriving local entertainment industry you frequently hear the same criticism: we have a lot of entertainment, but not much industry. Plenty of shows, but not enough show business.

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Out To Lunch
1:00 pm
Thu June 19, 2014

Out To Lunch: Over A Billion Served

Ted Fireman, Paul Ballard and Peter Ricchiuti.
Credit Grant Morris / It's New Orleans

Out to Lunch is recorded each week live over lunch at Commander's Palace in New Orleans' Garden District. One of the reasons Commander's has been in business for over 130 years is that each time we come here for lunch it's just as good as it was the last time.

Imagine if you had to replicate that dining experience at not just one, but hundreds of restaurants. That's what a franchise is.

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Latest News
6:05 pm
Fri June 13, 2014

Another Roadblock For Uber's Expansion Into New Orleans

The Uber smartphone service provides an alternative to traditional taxi and limousine services in over 70 cities. The New Orleans City Council has introduced an ordinance forcing the service to charge minimum fares of $25-$35.
issye Flickr

The smartphone-based car service Uber has encountered a barrier to its expansion into New Orleans in the form of high minimum fare requirements, the New Orleans CityBusiness reports.

The city council introduced legislation last week that would establish a minimum fare of at least $25 for an Uber sedan ride. Uber officials were expecting a minimum fare requirement of about $10 to $15 dollars. A $25 minimum fare would be one of the more expensive minimums in more than 70 cities where the service operates.

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Latest News
7:24 am
Fri June 13, 2014

Business And Political Leaders Gather For Flood Insurance Meeting

Credit swa182 / Shutterstock.com

Business and political leaders are meeting in New Orleans Friday to discuss ways of providing affordable flood insurance.

FEMA Administrator David Miller will be explaining how it's assembling maps that are used for setting flood insurance premiums.

The meeting was arranged by GNO, Inc. The business development group led a drive to revamp legislation that could have resulted in some premiums rising from less than $1,000 to tens of thousands of dollars.

GNO, Inc. President Michael Hecht says it may be time to review the overall process for getting flood insurance.

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Out To Lunch
1:00 pm
Thu June 12, 2014

Out To Lunch: Common Sense

Colin Grussing, Peter Kovacs and Peter Ricchiuti.
Credit Grant Morris / It's New Orleans

Common sense is difficult to define. In business, people with unique and quirky ideas can run into a lot of negativity based on "common sense." Like the guys who decided that, at a time when newspapers are going under all over the country, they're going to launch a brand new daily newspaper in New Orleans. Crazy, right?

That newspaper is The Advocate. Its editor, Peter Kovacs, who was canned by the Times-Picayune in its business realignment to a 3-day-a-week paper, is Peter's guest on this episode of Out to Lunch.

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Out To Lunch
1:00 pm
Thu June 5, 2014

Out To Lunch: From Veterans To Julia

Peter Ricchiuti
Ashley George

On this edition of Out to Lunch Peter Ricchiuti sorts out the connection between New Orleans and Jefferson Parish. He's joined by Todd Murphy, President of the Jefferson Chamber of Commerce.

Weighing in on the Orleans side of business alliances is Denise Berthiaume, owner of LeMieux Galleries and President of the New Orleans Arts District Association.

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Out To Lunch
1:00 pm
Thu May 29, 2014

Out To Lunch: Saints! Pelicans! Tourists!

Peter Ricchiuti, Mark Romig and Ed Lang.
Credit Grant Morris / It's New Orleans

New Orleans is one of the country's most popular tourist destinations. There is no specific reason — there's no amusement park or beach — but like other great cities such as Paris and Manhattan, people come here to spend time just living like we do.

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Business
8:34 am
Wed May 28, 2014

Brown Shrimp Season Opens With High Prices, But Future Remains Uncertain

At the Chauvin, Louisiana "Blessing of the Fleet" in April, the T-Kim & James led the procession.
Jesse Hardman

This week Louisiana opened its inshore waters for shrimping. Boats around the state are heading out hoping for a big catch of brown shrimp in the bayous.

It’s a late start to the season, due to the long, cold winter, meaning less time for shrimpers to make money. But some good news for shrimp boat captains: prices are high.

In some cases, prices are double what they were last year. After years of setbacks, shrimpers could use a break.

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Out To Lunch
1:00 pm
Thu May 22, 2014

Out To Lunch: L.E.D.G.E.

Peter Ricchiuti, Secretary Stephen Moret and Mike deBoe.
Credit Grant Morris / It's New Orleans

There are a lot of people these days claiming how well New Orleans is doing and that in business terms we're now competitive with almost any city in the country. If you'd like proof that this is fact, and not just feel-good boosterism, this edition of Out to Lunch might convince you.

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