business

The Salt
2:22 am
Fri September 7, 2012

Panera Sandwich Chain Explores 'Pay What You Want' Concept

This Panera Cares store in Chicago switched from for-profit to nonprofit this summer, and it started asking customers to pay whatever they want.
Niala Boodhoo for NPR

Originally published on Wed September 19, 2012 3:11 pm

The concept of "pay what you want" for goods and services is a nostalgic throwback to the days when people trusted one another just a little bit more, and it's something you expect to see at the occasional farm stand or at a hip, independent coffee shop.

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Bollinger Shipyards
5:16 pm
Thu September 6, 2012

Bollinger delivers 55K-barrel tank barge

Bollinger Marine Fabricators, LLC has delivered a newly designed and constructed 55,000 barrel tank barge to Bouchard Transportation Co., Inc.

Bollinger, based in Amelia, said Wednesday that the B. No. 250 tank barge delivered to Bouchard, based in Melville, N.Y., is a manned ocean service, clean oil barge measuring 317-feet, six inches long. Terms of the contract were not disclosed.

Entergy
5:09 pm
Thu September 6, 2012

Leonard to retire as Entergy chair, CEO

J. Wayne Leonard will retire Jan. 31 as chairman and chief executive officer of Entergy Corp., the parent company of major electric providers in Arkansas, Louisiana, Mississippi and Texas.

The corporation also announced Wednesday that Leo Denault, currently executive vice president and chief financial officer, will succeed Leonard.

Andrew Marsh, currently vice president for system planning, will succeed Denault.

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All Tech Considered
2:23 am
Wed September 5, 2012

Web-Based Subscription Businesses Surf A New Wave

Customers of Dollar Shave Club say that the company's sense of humor — as seen in an absurdist video of CEO Michael Dubin in his warehouse — has helped win them over.
YouTube

Originally published on Wed September 5, 2012 6:43 pm

The newspaper boy and the milkman might not come around as often as they used to, but the days of subscription and delivery aren't over. The Internet and overnight delivery have combined to make a new type of subscription business possible. The sales pitch is part convenience, part price and part cool factor.

Making Razors Cheap, And Cool

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Hornbeck Offshore Services
6:08 pm
Tue September 4, 2012

Hornbeck to spend $230M on new boats, upgrades

Hornbeck Offshore Services Inc. will spend $180 million to build four vessels in anticipation of increased demand for oilfield supply vessels in the Gulf of Mexico and Latin America.

New Orleans CityBusiness reported Tuesday that the Covington-based company plans to exercise the first four of 48 options to build the supply vessels, which will be delivered in late 2014 and early 2015.

The plans are part of a building program the company launched in November. Hornbeck already has 16 new vessels under construction at U.S. shipyards.

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Port of New Orleans
4:35 pm
Tue September 4, 2012

LaGrange to receive port award

Port of New Orleans President Gary LaGrange has been selected to receive the C. Alvin Bertel Award.

The presentation by the World Trade Center of New Orleans will take place during a luncheon Sept. 26 at the Westin Canal Place Hotel. The award is presented annually in recognition of outstanding contributions to ports in the New Orleans area.

More information on the award luncheon is available by calling 504-619-9834.

Business
11:25 am
Tue September 4, 2012

Shaw sells energy, chemicals unit

The Shaw Group Inc. has completed the $290 million sale of its Energy and Chemicals business to Technip.

The Energy and Chemicals sale, which was completed on Friday, also helps Baton Rouge-based Shaw meet one of the requirements for Shaw to eventually be acquired by CB&I -- having at least $800 million in cash.

Shaw and Technip announced their deal on May 21, and the sale of the Energy and Chemicals unit was expected to close by the end of August.

The company said the sale will give Shaw an adjusted cash balance of around $1.3 billion.

All Tech Considered
3:53 pm
Mon September 3, 2012

When A Kickstarter Campaign Fails, Does Anyone Get Their Money Back?

In seeking financial backers for her Ouya game console, Julie Uhrman was looking for about $1 million. The business received far more than that amount.
Kickstarter

Originally published on Wed September 5, 2012 2:48 pm

Crowd funding began as a way to support the arts on the Internet. Artists could go online to pitch a new album, for example, in the hope that thousands would give small amounts. But now it's expanded to entrepreneurs, and the rules aren't quite as clear.

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Out to Lunch
1:00 pm
Mon September 3, 2012

Company Social

Peter, with guests Megan Hardgroder and Will Scott.
Grant Morris It's New Orleans

Peter's guests address the philosophical Cartesian conundrum, "I Tweet therefore I am." If your business is not on Twitter or Facebook, do you really exist?

Megan Hardgroder is the founder of Conversations, focused on using social media to make small businesses effective online.

Will Scott is the founder of Search Influence, the largest online marketing firm on the Gulf Coast, working with over 1,000 local businesses.

Economy
4:55 pm
Fri August 31, 2012

Weekly claims for unemployment insurance rise

First-time claims for unemployment insurance in Louisiana for the week ending Aug. 25, increased from the previous week's total.

The state labor department figures released Friday show the initial claims increased to 2,956 from the previous week's total of 2,835. Initial claims were below the comparable week a year earlier at 3,648.

The four-week moving average, which is a less volatile measure of claims, decreased to 2,055 from the previous week's total of 2,963.

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