business

Out To Lunch
1:00 pm
Thu November 13, 2014

Out To Lunch: Bio Bayou

Gene D'Amour and Warner Thomas.
Credit Cheryl DalPozzal / It's New Orleans

There are a number of New Orleans businesses that are as much a part of the unique vocabulary of New Orleanians as "muffuletta" and "poboy." Some of them — like K&B and Schwegmans  — are in the "aint dere no more" category. One New Orleans institution that is still here is what we call either "Oxner" or "Oshner." However you say it, everybody in New Orleans knows what you mean. Its real title is Ochsner Health System.

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Business & Technology
6:18 pm
Wed November 12, 2014

Video Game Industry Salaries In Louisiana Are About $88K Per Year

Louisiana’s computer and video game industry paid workers more than $14 million in 2012, according to a study released Tuesday by the Washington, DC-based Entertainment Software Association.
Steve Petrucelli Flickr

The video game industry is one of the fastest growing industries in the United States. One of the biggest gaming trade groups, Washington, DC-based Entertainment Software Association, released a report Tuesday about the economic impact of the computer and video game industries in each state.

Louisiana’s computer and video game industry paid workers more than $14 million in 2012, according to the study.

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Community Impact
8:00 am
Tue November 11, 2014

Helping Businesses Make More Money With Positive Environmental Choices

Chris Vizzini of Progressive Waste Management, along with Liz Shephard from LifeCity, looking through the dumpsters at Landrieu Concrete and Cement Industries to assess waste.
Credit Eve Abrams / WWNO

Life City enables city governments and regional economic development organizations to spur economic growth through social and environmental impact. They help make businesses more socially and environmentally impactful while also earning more revenue.

Let me introduce you to a business owner.

“My name Renee Landrieu. I’m the owner of Landrieu Concrete and Cement Industries.”

Picture huge piles of sand and gravel. Also, those big trucks with revolving drums.

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Latest News
8:06 am
Mon November 10, 2014

New Orleans Veterans Launch Business Startup Program

The VetLaunch website.

As the nation plans events to honor veterans on Tuesday, a New Orleans nonprofit is kicking off a program aimed at helping them establish their own businesses. Five will be selected in December.

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Red River Radio
8:57 am
Tue November 4, 2014

Small farming dreams abound in Central Louisiana

Dozens of aspiring small farmers in Central Louisiana are taking a six-week course on how to work their land and make it into a business.

For the first time, the Alexandria-based Central Louisiana Economic Development Alliance or CLEDA is offering a course called “Exploring Your Small Farm Dream.”

Gary Perkins runs CLEDA’s business acceleration system. He says CLEDA partnered with LSU AgCenter to offer an overview on how to start a small farming operation.

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Latest News
7:29 am
Tue November 4, 2014

Hercules Plans Layoffs Of Offshore Workers

Hercules Offshore says it will lay off 324 offshore Gulf of Mexico workers because of a decline in business.

The move represents about 15 percent of its workforce.

The Houston-based drilling rig contractor sent a letter to the Texas Workforce Commission last week, saying the company would lay off the employees by the end of the year.

The layoffs involve employees who work out of Port Fourchon, Grand Isle, Berwick, Cameron, Abbeville, Lafitte, Larose and Venice.

The company announced an $88.6 million third quarter loss on October 23.

Features
4:57 pm
Mon November 3, 2014

Retailers In New Orleans Are Warming Up To Bitcoin

At Davids Antiques in the French Quarter, there is bitcoin memorabilia everywhere. One whole display under glass is devoted to bitcoin-themed souvenirs, like cufflinks and lapel pins.
Janaya Williams WWNO

Digital currencies like Bitcoin and Litecoin don’t enjoy widespread use yet. It turns out, most retail stores and consumers still prefer good old fashioned paper money.

But the currency is catching on with a few mavericks around the globe — including some innovative business owners right here in New Orleans.

At a few local stores, customers can open their virtual Bitcoin wallets to buy everything from antique jewelry and furniture — to french fries and po-boys.

Innovation and technology reporting on WWNO is supported by Bellwether Technology.

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Out To Lunch
1:00 pm
Thu October 30, 2014

Out To Lunch: The Power And The Shrimp

Peter Ricchiuti, Jay Lapeyre and Mark Kleehammer.
Credit Cheryl DalPozzal / It's New Orleans

If you live in New Orleans you're familiar with this scenario: You're having a perfectly normal day when suddenly you groan, "Oh noooo." You're not watching the Saints' defense — it's that other sinking feeling you get as a New Orleanian: when the power goes off.

On this week's Out to Lunch Peter takes a look at the other 364 days, 23 hours in the life of New Orleans' Fortune 500 company, Entergy, with Mark Kleehammer, Entergy's Vice President of Business Development Services.

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Business & Technology
10:29 am
Mon October 27, 2014

Chiquita Fruit Company Is Bought By Two Brazilian Firms

Chiquita, whose bananas are found in markets around the U.S., has agreed to sell itself to a coalition of two Brazilian companies.
Chip Somodevilla Getty Images

Originally published on Mon October 27, 2014 1:47 pm

Chiquita Brands International, the banana and produce firm whose trademark blue stickers have been ubiquitous in American kitchens for decades, is being sold to two Brazilian companies in a deal valued at around $1.3 billion. The Charlotte-based company traces its roots to the 1870s, when American entrepreneurs brought bananas to U.S. consumers from the Caribbean.

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Latest News
7:45 am
Mon October 27, 2014

Chiquita Finds Downtown New Orleans Property

Chiquita has chosen a site near downtown New Orleans to ripen the bananas it ships in from Central America.

Port President and CEO Gary LaGrange tells New Orleans CityBusiness that the company will lease private property on Earhart Boulevard near South Claiborne Avenue. 

The company’s search was thought to involve only port-owned property. According to port officials, the produce company required about 40,000 square feet of space.

Chiquita has continued handling the ripening process at the Port of Gulfport in Mississippi.

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