Business

Huge Boost In U.S. Oil Output Set To Transform Global Market

Scott Neuman — Tue, 14 May 2013 20:47:00 +0000

U.S. oil production is rising sharply and increased output from shale will be a "game changer" in global energy markets in the coming years, according to a new report out Tuesday by the International Energy Agency.

"U.S.

Wendell Pierce On 'Making Groceries' In The Big Easy

editor — Mon, 13 May 2013 15:57:00 +0000

New Orleans might be famous for its culinary legacy, but the Big Easy also has neighborhoods without access to fresh, healthy food. Now actor Wendell Pierce is bringing grocery stores to some neglected parts of his home town. Host Michel Martin speaks with Pierce about his new grocery chain, Sterling Farms.

Shell Digs Deep To Tap Into Lucrative Oil, Gas Reserves

Debbie Elliott — Thu, 09 May 2013 09:51:00 +0000

Royal Dutch Shell is pushing ahead with plans for the world's deepest offshore oil and gas production facility. It will be nearly two miles beneath the surface of the Gulf of Mexico, off the coast of Louisiana. It is testing the bounds of the oil and gas industry's capability to drill ever deeper.

Baton Rouge's Family Definition Ruled Unconstitutional

Amy Jeffries — Fri, 26 Apr 2013 00:27:25 +0000

Since 1954, the definition of family has prohibited more than two people not related by blood, marriage, or legal adoption from sharing a house in East Baton Rouge Parish.

Grocers Absent from BR's Scotlandville Neighborhood

Jarondakie Patrick — Wed, 17 Apr 2013 10:44:06 +0000

For over 30 years, Scotlandville hasn’t been able to attract a grocery store.

Mayor Kip Holden has tasked the new Food Access Policy Commission with figuring out how to get grocers interested in investing in the community again.

Wednesday, the commission is looking over feedback recently collected from grocers about the worries that have kept them away.

With nearly 26,000 residents living in poverty without access to fresh food within a one-mile radius, Scotlandville is the largest food desert in Baton Rouge.

Report: Southeast Louisiana Needs United Drive For Economic Growth

Eileen Fleming — Tue, 16 Apr 2013 21:48:58 +0000

Allison Plyer of the Community Data Center explains what's needed for economic growth.

A study from the Greater New Orleans Community Data Center is warning that the post-Katrina money which has protected southeast Louisiana from the worst of the national recession will start winding down. Experts are advising a regional approach to economic growth.

Baton Rouge to See 800 Tech Jobs with IBM

Kelly Connelly — Wed, 27 Mar 2013 21:14:20 +0000

Louisiana, the Baton Rouge Area Foundation, and software company IBM are partnering to expand LSU’s computer science program, revamp downtown property, and bring 800 jobs to Baton Rouge.

IBM will open a new service center downtown in 2015, but will employ 300 locally in 2014.

Under the partnership, LSU’s school of engineering is expected to double its computer science faculty and jump to the top 15 nationally in number of graduates.

CEO Of Electronic Arts, World's Third-Largest Gaming Company, Resigns

Steve Mullis — Mon, 18 Mar 2013 23:11:00 +0000

Electronic Arts, the world's third-largest video game company, announced Monday that CEO John Riccitiello would be stepping down.

Riccitiello, whose rocky six-year tenure saw a 60 percent drop in EA's stock price, according to the Wall Street Journal, said in his resignation letter that he leaves feeli

USDA Local-Food Initiative Announced At Hollygrove Farm

Eileen Fleming — Wed, 27 Feb 2013 16:06:14 +0000

USDA announces

The U.S. Department of Agriculture is pushing a new shopping method called “food hubs” to get more local produce to market. Deputy Secretary Kathleen Merrigan made the announcement at the Hollygrove Market and Farm in New Orleans.

Paul C.P. McIlhenny, CEO Of Company That Makes Tabasco Sauce, Dies

Krishnadev Calamur — Sun, 24 Feb 2013 14:46:00 +0000

The CEO and chairman of the company that makes Tabasco sauce has died in New Orleans. Paul C.P. McIlhenny was 68.

McIlhenny died Saturday, according to a Sunday statement from the Avery Island, La.-based McIlhenny Co.

"All of McIlhenny Company and the McIlhenny and Avery families are deeply saddened by this news," Tony Simmons, president of McIlhenny Company and fifth-generation McIlhenny family member, said in the statement.