State Louisiana Financial News

Yellowstone" creator Taylor Sheridan and show's star Cole Hauser. Sheridan's coffee company Bosque Ranch is suing Hauser's Free Rein Coffee Company for trademark infringement, unfair competition and false advertising. As per a November 21 suit filed in the Northern District of Texas' federal court in San Angelo, Sheridian has accused Free Rein of using a «strikingly similar» brand mark to Bosque Ranch in order to «mistake or to deceive as to the affiliation, connection, or association» of the company with Bosque Ranch, according to court documents. Bosque Ranch contends that both brands utilize logos composed of intertwined letters, with BR representing Bosque Ranch and FR representing Free Rein. The claim is that these logos are too similar, potentially causing confusion among customers. Bosque Ranch serves as both the name of Sheridan's coffee company, launched in June, and the designation for his multipurpose ranch where productions like «Yellowstone» and its spinoffs are filmed.

PLAQUEMINES PARISH, La.— Michael Sabel and his partner, both industry novices, have made a fortune virtually overnight by building from scratch one of the world’s largest gas exporters. They have also made some powerful enemies. Here at this sprawling facility spanning about 630 acres in the wetlands outside New Orleans, Sabel said his company, Venture Global LNG, is on pace to leapfrog competitors and rival Qatar as one of the world’s top exporters of liquefied natural gas by 2030.

By Ernest Scheyder

SoFi Technologies Inc., a financial services company, has decided to exit the cryptocurrency sector due to increased scrutiny by banking regulators.

SoFi Technologies (SOFI) will shut down its crypto services by Dec. 19. Existing accounts will have the choice to migrate to Blockchain.com platform or be closed and liquidated at that time, with a few caveats.

United States personal finance company SoFi Technologies will end crypto trading services for its users by Dec. 19.

By Valerie Volcovici

Mr. Big Stuff," passed away at the age of 80. Her family confirmed the news.

The following is an excerpt from «This week, your wallet,» an audio program produced by CNBC's Personal Finance team. Listen to the latest episode here . [Editor's note: Audio clip begins at the 2:33 minute mark.]

As much as 1.1 million gallons of oil may have been discharged into the Gulf of Mexico from a pipeline system off Louisiana’s southeast coast

Thanksgiving 2023 travel season is likely to be affected by inclement weather. Weather forecasters have predicted that storms could severely impact flights and road trips ahead of the holiday period. Severe thunderstorms are forecasted to intensify in the Southern Plains during Sunday afternoon and evening, expanding eastward into the Southern United States by Monday's end and reaching the Southeast on Tuesday, as reported by weather experts to USA Today. AAA, which monitors holiday travel, anticipates that 55.4 million Americans will travel over 50 miles for Thanksgiving between November 22 and November 26. The majority, around 49.1 million, are expected to travel by road, according to AAA. Early travelers departing on Monday along the Eastern Seaboard and into the Great Lakes region may experience relatively lighter rain and thunderstorms, avoiding some of the heavier traffic and delays expected later in the week, noted weather experts. Ski resorts in the interior western states, such as Nevada, Utah, Idaho, and Wyoming, can expect favorable conditions with the potential for mountain snow on Thursday and Friday. The most impactful weather on Monday is predicted in the southern tier of the United States, affecting states like Texas, Arkansas, Louisiana, and Mississippi. Tuesday night and Wednesday morning could see critical weather conditions in major hubs across the mid-Atlantic and Northeast, with heavy rain anticipated from Washington, D.C., to Boston.

WASHINGTON (Reuters) — The U.S. will fund nine projects with $169 million from last year's climate bill to speed manufacturing of heat pumps, systems that can heat and cool homes and businesses more efficiently, the Energy Department said on Friday.

The risk of severe weather on Monday appears to escalate along the Gulf Coast, with communities such as Jackson in Mississippi and Alexandria in Louisiana potentially falling within the highest threat zone. However, tornadoes are not identified as the primary concern for this weather event. A significant impact could be heavy rainfall, particularly affecting major roadways such as Interstate 55, I-20, and I-10. Following the passage of the cold front responsible for the severe storms, cooler air is expected to dominate the weather pattern for the majority of the Thanksgiving holiday week. Meanwhile, the storm system that formed over the Florida Keys this week and dumped up to 9 inches (23 centimeters) of rain across parts of South Florida has moved into the Atlantic Ocean, bringing clearing skies to the region on Thursday, the National Weather Service in Miami said. While hurricane season doesn't officially end until November 30, this storm wasn't associated with a tropical system, according to Luke Culver, a meteorologist with the National Weather Service in Miami.

By David Morgan and Katharine Jackson

A federal appeals court has ordered the Biden administration to carry on with an auction of oil and gas drilling leases for Gulf of Mexico waters in 37 days — rejecting arguments by environmentalists

ESPN Bet, a rebranded sports-gambling service owned by Penn Entertainment, has launched

By David Morgan

HOUSTON (Reuters) — BP (NYSE:BP), Edison and Shell (LON:SHEL) pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the U.S. firm's failure to deliver contract supplies of the fuel.

New House Speaker Mike Johnson is facing his first big test as he tries to win House Republican support for a short-term funding plan to avert a government shutdown

The NBA and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 15 teams on Bally Sports through the end of this season

The Environmental Protection Agency spent more than a year investigating whether Louisiana's oversight of industrial air emissions discriminated against Black residents