business

Baton Rouge Airport
2:15 pm
Wed August 1, 2012

Baton Rouge airport's budget projected to increase

The Baton Rouge Metro Airport's budget is projected to increase by nearly 5 percent in 2013 to $13.1 million. That's according to a proposal presented to the Airport Commission's finance committee.

Cary Morgan, the airport's business manager, says the increase from an expected $12.5 million expenditure in 2012 will be funded primarily through non-airline revenue, which is expected to jump $400,000 to $9 million.

Non-airline revenue comes from parking, concessions, rental car companies, leases of airport property and other sources.

Entergy Earnings
2:14 pm
Wed August 1, 2012

Entergy net income rises on hurricane tax ruling

Entergy Corp.'s net income rose 16 percent in the second quarter after the power company received favorable tax terms on financing costs for fixing damage to lines and equipment caused by hurricanes Katrina and Rita.

The increase also reflected stronger sales to Entergy's utility customers.

The New Orleans-based company reported Tuesday that its net income rose to $365 million, or $2.06 per share, for the three months ended June 30, up from $315.6 million, or $1.76 per share, a year ago.

Taxicab Reforms
3:13 pm
Mon July 30, 2012

Cab drivers attempt to stop taxicab reforms

New Orleans cab drivers say new city rules aimed at improving taxi service are too expensive, and they were given too little time to prepare for them. City and tourism officials say the changes are needed to improve an outdated fleet.

The rules include requirements that cabs be less than 11 years old, able to take credit cards, and have cameras and GPS units.

Business & Technology
3:07 pm
Mon July 30, 2012

Tech forum planned in New Orleans

The Louisiana Technology Council is planning a forum for chief executive officers and chief information officers on Aug. 24. The events will take place from 11:30 a.m.-1:30 p.m. at the Loews Hotel in New Orleans.

Among speakers will be Frank DeArmas, vice president and CIO of Johnson & Johnson.

Admission is by fee. More details are available by calling 304-2910.

Out To Lunch
1:00 pm
Mon July 30, 2012

Art Market, with Mia Volkemmer and John Fleming

John Fleming, Mia Volkemmer and Peter Ricchiuti.
Grant Morris It's New Orleans

New Orleans has a long history of being home to artists, including Degas and John James Audubon. Peter's guests on this week's Out to Lunch are artist John Fleming, and arts administrator Mia Volkemmer.

Mia Volkemmer is the Art Market Manager for the Arts Council of New Orleans — a private non-profit organization, also designated as the city’s official arts agency. The Art Market is the monthly gathering of local artists in Palmer Park.

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Business & Technology
5:59 pm
Tue July 24, 2012

Tech center setting up shop in Baton Rouge

Ameritas Technologies says it will open an information technology center in Baton Rouge creating 300 jobs.

The startup company's CEO, Brian Keene, said Tuesday that Ameritas will receive a state economic development grant of $125,000 per year over a 10-year period to offset leasing costs at the Chase Tower in the downtown area.

Gov. Bobby Jindal says Ameritas will start hiring in September and open by October. He says the company expects to reach the 300 mark on staffing by 2016.

Business
5:48 pm
Tue July 24, 2012

Boomtown Casino to add 150-room hotel

Las Vegas-based Pinnacle Entertainment says it will build a 150-room hotel at the site of the company's Boomtown Casino in Jefferson Parish.

Construction of the $20 million development in the New Orleans suburb of Harvey is expected to begin in September and should be completed in late 2013.

Pinnacle spokeswoman Kerry Andersen said the casino, which opened in 1994 and has more than 1,400 slot machines and 32 table games, is the only one of the company's four Louisiana properties that isn't operating with an attached hotel.

Media
5:38 pm
Tue July 24, 2012

The Advocate plans New Orleans edition

The Advocate (http://bit.ly/PSpdoe) newspaper says it will expand into the New Orleans market with a specialized print edition.

Richard Manship, president and CEO of Capital City Press, says The Advocate is laying the groundwork to reach into the market following the announcement by The Times-Picayune that the newspaper will reduce publication to three days a week this fall while beefing up its online report.

Manship said The Advocate will add staff to supply this coverage of the area, but did not provide specific numbers.

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Out To Lunch
1:00 pm
Mon July 23, 2012

Cheers!

On today's Out to Lunch, Craig Cordes had an idea for a cocktail he could take to the beach and drink without getting sand in it. Now he’s running Cordina, making cocktails to go.

Old New Orleans Rum is based on a simple observation — we have a lot of sugar cane in Louisiana, so why not make rum out of it? Erick Lewko is sales director of Old New Orleans Rum, now an international, award-winning success story.

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Union Election
12:55 pm
Sun July 22, 2012

Union seeks to represent workers at ConAgra plant

Employees at ConAgra Foods' Lamb Weston sweet potato processing plant near Delhi will decide next week whether to unionize.

Workers will vote Wednesday in an election administered by the National Labor Relations Board to determine whether they will join the United Food and Commercial Workers International Union, reports The News-Star reports.

A ConAgra spokeswoman at the firm's Omaha, Neb., headquarters says it doesn't want a middleman between managers and employees.

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