Business & Technology

Out To Lunch
2:26 pm
Mon August 6, 2012

Wealth & Wellness

New Orleans fitness guru Mackie Shilstone.
Grant Morris It's New Orleans

Mackie Shilstone isn't only New Orleans' health and fitness guru, he's a worldwide sports phenomenon. Mackie talks about working with superstar athletes — like Serena Williams, whom he recently helped recapture Wimbledon — and his own will to win.

Business & Technology
11:56 am
Mon August 6, 2012

Stirling will manage Taylor Energy Building

Stirling Properties has been awarded a contract to manage the Taylor Energy Building on Lee Circle. The 30,000-square-foot building is owned by the Taylor Foundation.

Terms were not disclosed in the announcement on Monday.

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.

The Two-Way
8:13 am
Wed August 1, 2012

Employers Added 163,000 Jobs In July, Survey Suggests

There was a 163,000-gain in the number of jobs on private payrolls in July, according to the latest ADP National Employment Report.

That's down from an estimated 172,000 boost in June (a number revised slightly from ADP's previous report of a 176,000-increase for that month).

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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.

The Two-Way
2:26 pm
Mon July 30, 2012

Apple, Samsung Face Off In Court Over Alleged Patent Infringements

Samsung Electronics Co. representatives wait to enter the Robert F. Peckham Federal Courthouse in San Jose, California on Monday.
Justin Sullivan Getty Images

Fortune calls it "the patent trial of the century." And based on money alone, it might as well be: Apple and Samsung are accusing each other of infringement. Samsung wants higher royalties on some technology and Apple is seeking $2.5 billion in damages.

A jury will decide which, if any, company is right. With jury selection, Reuters reports the trial begins today in San Jose, Calif.

Reuters adds:

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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.

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