by Associated Press Published: December 5,2011
Tags: Alabama, Iowa, ITC Holdings Corp., Joseph L. Welch, Louisiana, Michigan, Mississippi, New Orleans, Rnterrgy, Texas
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 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 [...] [...]
NEW ORLEANS — Attendance at meetings and conventions in New Orleans dropped in 2009 as travelers and exhibitors took a tighter hold on their money.
Tourism officials say that although the city played host to more meetings in 2009 than in the previous three years following Hurricane Katrina, attendance dropped 10 to 25 percent, depending on [...] [...]
In wake of Hurricane Katrina, Coast Democrat urges reform to National Flood Insurance Program
WASHINGTON — Just before President Obama’s visit to New Orleans Oct. 15, Rep. Gene Taylor (D-Miss.) wrote the President urging the administration to reform the National Flood Insurance Program and revisit the Taylor-written Multiple Peril Insurance Act of 2009.
Taylor says his act [...] [...]