business

Business
12:14 pm
Mon August 27, 2012

Halliburton plant ramping up in Lafayette

Halliburton's new 200,000-square-foot plant in north Lafayette is ramping up operations.

The company says the $65 million facility manufactures equipment for the oil and gas industry.

The Advocate reports the plant opened earlier this summer and has about 135 employees.

Halliburton spokeswoman Tara Mullee-Agard says employment at the plant should reach 160 by the end of the year.

Tropical Storm Isaac
6:59 pm
Sun August 26, 2012

Jefferson Parish Businesses Encouraged to Review Re‐Entry Placards

Jefferson Parish is reminding all Jefferson Parish businesses to review or renew their re‐entry placard inventory, to ensure their staff can return as quickly as possible following an evacuation.

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Unemployment
12:16 pm
Sat August 25, 2012

Jobless rates drop in 62 of 64 Louisiana parishes

Unemployment rates fell from June to July in 62 of Louisiana's 64 parishes, according to figures released Friday.

Lafourche Parish has the lowest jobless rate at 5.2 percent. East Carroll Parish's 20 percent rate is the highest. Only Concordia and Franklin parishes saw increases.

The oil-fueled Houma metro area, with 5.4 percent unemployment, is lowest among Louisiana's eight urban areas. Joblessness in metro New Orleans fell to 8.1 percent from 8.7 percent in June. In metro Baton Rouge, it fell to 8 percent from 8.7 percent.

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Small Business Administration
1:44 pm
Wed August 22, 2012

Disaster aid available for Louisiana small businesses

Small businesses in 11 Louisiana parishes are now eligible for low-interest federal disaster loans from the U.S. Small Business Administration.

Alfred E. Judd, director of the SBA's Disaster Field Operations Center-West, said in a news release Tuesday that the loans can offset economic losses caused by the drought that began June 19.

The eligible parishes are Morehouse, Richland, Union, West Carroll, Caldwell, Claiborne, East Carroll, Franklin, Lincoln, Madison and Ouachita. Three neighboring counties in Arkansas — Ashley, Chicot and Union — also are eligible.

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Out to Lunch
1:00 pm
Mon August 20, 2012

Fruit and Chocolate

Rob Nelson, president of Elmer's Chocolate, with his new boxes of chocolates.
Grant Morris It's New Orleans

Cool Fruit Sensations is a new local juice venture making a splash. Elmer's, makers of Heavenly Hash and Gold Brick, is New Orleans' Easter favorite and one of the oldest candy companies in the U.S.

Business
4:14 am
Wed August 15, 2012

BBC Exec to become head of NY Times

Originally published on Wed August 15, 2012 6:32 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with the top man at The Times.

(SOUNDBITE OF MUSIC)

MONTAGNE: The New York Times has named its new president and CEO. The man who got the job is Mark Thompson, a former BBC executive. Thompson will face a different business model from the non-profit British broadcaster. The paper is run by a board that's largely elected by a family trust.

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Entergy
4:24 pm
Tue August 14, 2012

Court won't make AR, MS utilities pay to exit pact

A federal appeals court has rejected an effort by Louisiana utility regulators to make Entergy Corp. subsidiaries in Arkansas and Mississippi pay for ending an agreement with their Entergy counterparts in Louisiana and Texas.

The ruling Tuesday by an appeals court in Washington deals with an agreement requiring the separate Entergy utilities to offer roughly equal electricity rates. At times, this has resulted in Entergy Arkansas making payments to Entergy affiliates with higher production costs — causing Arkansas customers to pay more.

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Work Sharing
11:05 am
Tue August 14, 2012

Louisiana gets $1.5M work-sharing labor grant

The U.S. Department of Labor has set aside nearly $100 million in grants for states to set up or improve existing short-term compensation programs, commonly referred to as "work sharing."

Louisiana's share of the grant is $1.5 million. Work sharing allows employees to keep their jobs and helps employers to avoid laying off their workforce during economic downturns by reducing the hours of work for a group of affected workers.

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Business & Technology
10:56 am
Tue August 14, 2012

Chevron completes storage facility in Terrebonne

Chevron has completed construction on a 150,000-square-foot storage facility in Terrebonne Parish to support its operations in the Gulf of Mexico.

The facility, located on Louisiana Highway 24 in Gray, will employ 25 people and serve as the storage hub for materials essential to Chevron's oil and gas exploration activity in the Gulf.

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Out To Lunch
1:00 pm
Mon August 13, 2012

Occasional IKEA

Bluebag's Mehmet Ergelen.
Grant Morris It's New Orleans

This week on Out to Lunch, we explore the places where home and business intersect. First, New Orleanian Kay Morrison. Kay was a success in corporate America when she and her husband realized they needed an extra partner — an occasional wife — to do all the at-home stuff Kay wasn’t at home to do. Kay founded The Occasional Wife to become that occasional wife for others.

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