business

The state's largest utility needs to come up with more power before the end of 2016.

And it needs to find even more by the end of 2019 to meet the demands of Louisiana's ongoing industrial boom.

That likely means building power plants for about $1 billion a piece. The 1 million customers of Entergy’s Louisiana companies will be expected to pay.

The Advocate reports Entergy is spending a couple of billion dollars over the next few years to move huge amounts of electricity to where the new manufacturing facilities will be located.

Cheryl DalPozzal / It's New Orleans

When we get up and go to work each day, most of us assume that everyone else going to work is a decent person like ourselves. Even if we have competitors, our basic assumption is that they’re okay people — after all, they’re doing the same thing we are.

That’s not what going to work is like for Peter's guests on today’s Out to Lunch. For both of them, their daily occupation is all about bad or misguided people.

Make cookies and cakes at home and you can sell them without a health inspection of your kitchen. Ahead of this season, cane syrup was added to the list of foods Louisiana deems “low-risk”.

Cheryl DalPozzal / It's New Orleans

When it comes to business, we all agree on one thing: we all want to succeed. Typically we measure success numerically — the more profit we make, the better we're doing. Sure, we'd all like to make billions, but the reality is most of us are not going to turn our businesses into Facebook or Apple. For many people in business, just keeping the doors open and the lights on is succeeding.

Peter Ricchiuti's guests on Out to Lunch take whatever your definition of success is — whether it's making a fortune or just making it 'till Friday — and help you get there.

Cheryl DalPozzal / It's New Orleans

Everybody likes to think they're important, but here in Louisiana we really are. Two sectors of our local economy are major components of the national, and global, economy: oil and gas, and renewable energy.

Outside of the oil companies who physically drill for oil, there is a huge industry of companies who do everything else — from building oil rigs to delivering groceries to the men and women who work on them.

One of the biggest offshore support companies in the world is headquartered here in New Orleans. Tidewater.

Coastal experts met on Louisiana’s Avery Island yesterday to discuss the potential of private investment money to help restore and sustain the Gulf Coast. 

The meeting included representatives of federal and state agencies, universities, investment banking institutions, and non-profits.

The focus was a new report from America's WETLAND Foundation.

That organization is advocating the creation of an ecological marketplace for private investors looking to finance environmental projects.

Coolcaesar / Wikimedia

Enticed to Louisiana by the state's generous tax incentives, a Chicago-based video game developer is opening a studio in the Central Business District next month.

High Voltage Software has had a hand in developing some classic video game titles — like Mortal Kombat, Toy Story, and Captain America.

The firm will lease a suite at Place St. Charles starting next month. Eventually, they plan to employ 80 people at annual salaries ranging from $50,000 to $120,000.

Textron Systems / Textron

Textron Systems New Orleans held a ceremony on Monday to mark the start of production of the Navy's newest hovercraft: a landing craft designed to haul vehicles, heavy equipment, and supplies over water and beaches.

Paula Burch-Celentano / Tulane University

Tulane University's Burkenroad Reports, a program giving business students practical stock analysis experience, won the top award for best teaching delivery in the Wharton QS Stars Awards.

Peter Ricchiuti, Burkenroad Reports founder and director (and host of WWNO's Out to Lunch) says he's honored by the recognition.

Brian Streeter

At one point in their lives, each of our guests had to choose whether or not they would inherit a family business. The answer didn't always come quickly, and most of them had to change the business to make it their own, but each decided to carry their family's tradition to the next generation.

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