City New Orleans Financial News

11.06 / 16:27

Parke Adventure film Universities stars mountaineering Attraction starring Disney's first Black princess replaces ride based on film many viewed as racist

A new attraction starring the first Black Disney princess is opening at the company's theme parks in Florida and California

06.06 / 10:45

markets Provident SEC wellness Trade reports Courts US appeals court rejects SEC's new disclosure rules for private equity and hedge funds

According to a report by the FT, the New Orleans-based 5th US Circuit Court of Appeals decided the SEC had overstepped its authority when it sought to change the rules in August 2023. The proposals would have required fund managers to provide detailed quarterly results to investors, as well as expense reports and limit secret side deals. US private fund industry bodies sue SEC over new disclosure rules As a result, a group of six US trade bodies representing hedge funds and private markets firms filed a lawsuit against the US regulator over its «unlawful and harmful» rules they arg...

05.06 / 02:35

UPS Citi Food President show bowling New Orleans plans to spiff up as host of next year's Super Bowl

New Orleans hosts its 11th Super Bowl next year

28.05 / 18:27

Career Football community Relationships Sporting athletics bowling From Superbowl stardom to wealth management boardroom

Bennie Fowler, the former Denver Broncos wide receiver and Super Bowl 50 champion, has made an impressive transition from the world of professional sports to the wealth management arena after being named Caprock’s new director of strategic relationships.

25.05 / 20:57

Fox Death reports ESPN Podcasts Relationships Sporting ESPN fires ex-NBA coach, legendary brother slams broadcaster

NBA's veteran coach Jeff Van Gundy has been fired by ESPN from the position of analyst. Jeff was head coach of New York Knicks, and Houston Rockets but he did mentor any team since 2007, as per a report. The move has drawn strong criticism from Jeff's brother Stan who previously coached NBA teams like New Orleans Pelicans, Detroit Pistons, Miami Heat, and Orlando Magic. He is now an analyst on TNT, as per the Fox report.

24.05 / 16:47

Waters Strategy economy Highways Experts Universities reports Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding

Flooding in Brazil’s Rio Grande do Sul state ravaged nearly everything needed for economic activity, from local shops to factories, farms and ranches

23.05 / 10:11

UPS Target SEC Food President Diversity Courts Some corporations seek to silence ‘Trojan Horse’ activists

The Securities and Exchange Commission under the Biden administration has made it easier for investors to try to drag corporations into political and cultural battles, but brewing lawsuits seek to silence the activists. After a change in SEC policy eased the path for shareholders to bring forward certain proposals, investors of all political stripes have increasingly pressed companies on hot-button issues such as climate, abortion, guns and diversity, filing hundreds of proposals each year.

15.05 / 20:53

Remark Southern President Universities International Destinations Port of New Orleans' chief resigning amid praise for moves to advance new cargo terminal project

The Port of New Orleans’ president and chief executive officer has resigned to pursue an opportunity in the private sector

13.05 / 00:01

Citi Progressive Aware Southern community reports Tornado, severe weather alert for 19.5 million people in Texas, Louisiana, Southern Arkansas, Mississippi. Check list of areas

Severe weather threat, including tornado, is expected to expand its reach on Monday, stretching further eastward and encompassing approximately 19.5 million individuals across the Southern region in the US. Severe weather threat includes Texas cities such as Austin, San Antonio, Waco, Houston and Corpus Christi. Apart from Texas and its areas, Shreveport, New Orleans, and other parts of Louisiana are under weather watch. Southern Arkansas, and Mississippi will also inclement weather. The weather comes on the heels of a stormy April in which the US had 300 confirmed tornadoes, the second-most on record for the month and the most since 2011. Both the Plains and Midwest have been hammered by tornadoes this spring, as per an AP report.

11.05 / 04:01

Target Reuters Progressive President Universities show Interviews Fed officials mull whether rates high enough as inflation expectations jump

interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a key survey showed a jump in consumers' inflation expectations. «There are… important upside risks to inflation that are on my mind, and I think there's also uncertainties about how restrictive policy is and whether it's sufficiently restrictive» to return inflation to the U.S. central bank's 2% target, Dallas Fed President Lorie Logan said at a Louisiana Bankers Association conference in New Orleans.

07.05 / 11:51

markets Opinion Duke Zions stars Courts Sporting Federal appeals court upholds ruling that Zion Williamson's 2019 contract with an agent was void

A federal appeals court has upheld a 2021 ruling that NBA star Zion Williamson’s contract with a marketing agent was void because the agent was not licensed in North Carolina when the two entered an agreement in 2019

07.05 / 03:07

Booking awards performer stars Interviews Relationships 'Interview with the Vampire' Season 2: Release date, where to watch, trailer and more

Interview with the Vampire' became instantly hit and it received critical acclaim immediately after its release in 2022. It was praised for story writing, narrative, production, music, and cast performance, and the series was nominated for several awards. Buoyed by the success of the gothic series, AMC immediately planned to bring its second season and the formal decision was taken in September 2022. Now it is complete and ready to hit the screen.

01.05 / 11:53

COST UPS Waters Platform Chevron wellness Interviews BP bets big, again, on the Gulf of Mexico

THUNDER HORSE OIL PLATFORM—This hulking production base 150 miles offshore from New Orleans has long embodied BP’s outsize ambitions in the Gulf of Mexico and also reflected its recurring setbacks. Stretching roughly three football fields and pumping crude from more than a mile below the water’s surface, Thunder Horse in 2005 was found listing so precariously that it appeared in danger of sinking. Once it got roaring in 2008, three years behind schedule, it helped BP cement its position as one of the Gulf’s leading producers, capable of some of the industry’s biggest technical marvels.

30.04 / 16:29

Citi Provident Career Bill 2020 reports Colleges These cities raised taxes — for child care. Parents say the free day care 'changed my life'

A growing number of cities are passing tax increases to expand access to child care

29.04 / 11:57

COST UPS Metro show performer reports Despite the cost of living, Americans remain on top of their mortgages

Squeezed household budgets may be forcing some American homeowners to tap savings accounts for their monthly mortgage payments but it’s helping maintain low delinquency rates.

16.04 / 16:07

Southern film composer audience social Features Ryan Coogler's Untitled Supernatural Thriller: See what we know so far about release date, cast, filming, plot and creative team

Ryan Coogler's upcoming untitled supernatural thriller, shrouded in mystery, has commenced filming in New Orleans. This Warner Bros. project marks Coogler's reunion with Michael B. Jordan, promising a captivating venture into the supernatural realm.

10.04 / 09:33

Action community President Justice country rights Investigations New EPA rule says 218 US chemical plants must reduce toxic emissions that are likely to cause cancer

More than 200 chemical plants nationwide must reduce toxic emissions likely to cause cancer under a new Environmental Protection Agency rule

07.04 / 09:17

UPS Booking Assurant film love stars rights What are (some of) the best comic novels?

Snippet. The first description of Aimée: “Her full face was oval, her profile pure and classical and light. Her eyes greenish and remote, with a rich glint of lunacy." The charms of Ignatius Reilly will be lost on some, but the protagonist of John Kennedy Toole’s novel is a comedic colossus. At odds with the modern world, this slothful behemoth of a man-boy farts, belches and bickers his way through a succession of lowly jobs in New Orleans to pay off his drunken mama’s debts, the erratic Mrs Reilly being his only consistent companion.

29.03 / 03:35

markets DOW security economy show S&P 500 closes higher to secure strongest Q1 since 2019

first quarter in five years, as investors digested the latest batch of economic data while looking towards the next inflation reading. Each of the three main U.S. indexes recorded solid quarterly gains, led by a climb of 10.16% for the S&P 500, aided by optimism over artificial intelligence (AI) related stocks and expectations the U.S. Federal Reserve will begin to cut interest rates this year.

28.03 / 15:41

Universities Glen Taylor announces that Timberwolves are no longer for sale

The Minnesota Timberwolves will evidently remain in the control of owner Glen Taylor, after he announced Thursday that a deal where Marc Lore and Alex Rodriguez would have acquired the controlling stake in the team has expired

25.03 / 11:17

markets COST Digital show 2020 patient Investing in rental homes remains profitable but rent growth has slowed

Investing in residential real estate for the rental market remains profitable overall, but investors may have to be patient for growth in rents to increase.

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