News in the Region

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GE Capital Sets Up Shop In New Orleans

The General Electric finance division will be bringing an information technology office to New Orleans that will employ 300 people and provide around 301 indirect jobs around the city.

02/17/2012 | Read Story »

General Electric chooses New Orleans for 300-job tech office

Appliance giant General Electric plans to open a corporate office in New Orleans that will provide software development and information technology support to the company’s financial services arm.

02/17/2012 | Read Story »

Business leaders hope to score economic development because of big games

The back to back big football games are not just helping to fill local hotels and restaurants, they are attracting influential people to the city

02/05/2012 | Read Story »

SanFraNOLA brings together two coasts, two cities

Last Wednesday night, I was surrounded by hundreds of dancing people, bourbon drinks in one hand and a cup of jambalaya in the other, when the Lagniappe Brass Band told — no, ordered — all of us to get low.

02/01/2012 | Read Story »

Obama administration needs to ease chokehold on drilling permits: An editorial

President Barack Obama made grand pronouncements about domestic energy policy in his State of the Union address, vowing to pursue an “all-out, all-of-the-above strategy that develops every available source of American energy” to create jobs and meet the nation’s energy challenges.

02/01/2012 | Read Story »

Study finds businesses still suffering after oil spill

As oil gushed into the Gulf of Mexico in 2009, the federal government enacted a moratorium on deep water drilling.

01/30/2012 | Read Story »

Deepwater drilling moratorium has created ‘hidden victims,’ study says

Small and medium-sized businesses that serve the Louisiana energy industry are cutting employee salaries, dipping into their cash reserves and moving business out of the Gulf of Mexico in an effort to stay afloat, according to a study released Monday by economic development agency Greater New Orleans Inc.

01/30/2012 | Read Story »

Oilfield companies damaged by drilling ban and permit delays, new report says

Small oilfield companies and their employees took the biggest hit during the six-month drilling ban that followed the 2010 BP oil spill, according to a report released Monday.

01/30/2012 | Read Story »