Posts Tagged ‘Louisiana’

Entergy to spin off transmission business to ITC

Utility holding company Entergy Corp. plans to spin off its electric transmission business and merge it into ITC Holdings Corp., which operates power transmission lines in the Midwest. Entergy, based in New Orleans, said Monday that it will receive about $1.78 billion in cash, and its stockholders will receive shares of a new company created […] [...]

Feds assess sites for renewable energy potential

Determining the potential of former landfills, brownfields and Superfund sites around the country to host solar panels and other renewable energy projects is the focus of a new assessment federal researchers announced Friday. The U.S. Environmental Protection Agency and the National Renewable Energy Laboratory in Colorado plan to spend the next year to 18 months […] [...]

Man pleads guilty to stealing $100,000 from MDA

NEW ORLEANS  — A Harahan, La., man has pleaded guilty to stealing government funds. U.S. Attorney Jim Letten says Vernon Ponder pleaded guilty Thursday before U.S. District Judge Mary Ann Vial Lemmon. Letten says Ponder applied to the Mississippi Development Authority and to the U.S. Small Business Association for money to repair his vacation home […] [...]

MBJ Editorial: Parcells never knew he was actually talking about Mississippi

Positive is great. Reality is, well, real. Every once in a while, a talking head will rebut some statistic that’s not favorable to his or her opinion by saying, “Yeah, well, you can make statistics say whatever your want them to say.” Super Bowl winning coach Bill Parcells, however, famously said, “You are what your […] [...]

Tornado victims often uninsured

The regions that most need insurance after tornadoes are often the exact places that don't have much of it. [...]

Hancock shifting HQ to N.O. with Whitney merger

BY: Greg LaRose, Editor, City Business Hancock Bank will move its headquarters from Gulfport to New Orleans under Hancock’s merger acquisition of regional competitor Whitney National Bank in a $1.5 billion stock-for-stock transaction announced Wednesday. Hancock CEO Carl Chaney said that although the headquarters of the combined companies will be located in New Orleans, much […] [...]

Regions President Talks About Oil Spill

JACKSON- MBJ-TV sits down with Regions Financial Corp. southwest operations president Ronnie Smith. [...]

Fla. tourism group runs ads to quell oil worries

Florida tourism officials are taking to the airwaves to try and combat worries over the Gulf of Mexico oil spill. The Florida Restaurant and Lodging Association is running radio advertisements across the U.S. that say "our coast is clean and our beaches are open." It’s also running a full-page ad in USA Today with a […] [...]

NewsBreak: Boat with containment box at oil site

ON THE GULF OF MEXICO — With success uncertain, a boat carrying a 100-ton concrete-and-steel contraption designed to siphon off the oil fouling the Gulf of Mexico arrived at the scene Thursday in an unprecedented attempt to cap a blown-out well spewing hundreds of thousands of gallons a day. Another boat with a crane would […] [...]

Giant dome for Gulf oil leak is next best solution

NEW ORLEANS — The best short-term solution to bottling up a disastrous oil spill threatening sealife and livelihoods along the Gulf Coast should be arriving on Wednesday in the form of a specially built giant concrete-and-steel box designed to siphon the oil away. Crews for contractor Wild Well Control were putting the finishing touches Tuesday […] [...]

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