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FRANKFURT, Germany — More than two years after it came clean about its addiction to debt, Greece may finally have begun its long and painful road to recovery.Greece’s fractious political leaders struck a deal Thursday to make deep cuts in …
NEW YORK — The stock market finally got a deal in Greece, but it didn’t produce much of a rally.U.S. stocks rose Thursday morning after Greece announced an agreement to cut costs and keep from defaulting on its debt next …
WASHINGTON — The number of Americans seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months.The Labor Department said Thursday that weekly applications for unemployment benefits fell 15,000 to …
The nation’s first new nuclear power plant in a generation won approval Thursday as federal regulators voted to grant a license for two new reactors in Georgia that will involve Baton Rouge-based engineering and construction firm Shaw Group Inc.The design …
WASHINGTON — A landmark $25 billion settlement with the nation’s top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.The deal will …
NEW YORK (AP) — The stock market finally got a deal in Greece, but it didn’t produce much of a rally.U.S. stocks rose Thursday morning after Greece announced an agreement to cut costs and keep from defaulting on its debt …
The Louisiana Citizens Property Insurance Corp. board Thursday offered $80 million to settle a $93 million judgment against the insurer for taking too long to adjust homeowners’ claims from the 2005 hurricanes.The homeowners claimed Citizens broke a state law by …
Elizabeth Chaudoir is new to the idea of owning and operating a business, but she recently launched A La Carte Designs with the help of a state grant.Chaudoir received a $2,500 Economic Opportunity Fund grant from the Louisiana Cultural Economy …
Chip Mills, the executive director for economic development for the Zachary Chamber of Commerce, is resigning in April and relocating to Austin, Texas. “Unforeseen opportunities have arisen. This was a very tough decision for us, but after much thought and …
SAN FRANCISCO — A privacy watchdog has filed a federal lawsuit against the Federal Trade Commission in a bid to stop Google Inc. from rolling out its new privacy policy.In an unusual legal maneuver, the Electronic Privacy Information Center is …
NEW YORK — Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.The Dow Jones industrial average gained 5.75 points to …
NEW ORLEANS — A major shareholder of Stewart Enterprises Inc. is calling for a shake-up at the funeral provider, calling it “a mismanaged company operating in an attractive industry” — a charge Stewart strongly denies.JC Clark Ltd., a Toronto hedge …
A state district court judge in Jefferson Parish has rejected Louisiana Citizens Property Insurance Corp.’s latest effort to delay enforcing a $100 million-plus judgment.Citizens is expected to appeal that decision.The state-backed property insurer of last resort lost a class-action lawsuit …
Elizabeth Chaudoir is new to the idea of owning and operating a business, but she recently launched A La Carte Designs with the help of a state grant.Chaudoir received a $2,500 Economic Opportunity Fund grant from the Louisiana Cultural Economy …
Motorists passing by the Kenilworth Shopping Center might be scratching their heads over a temporary sign along Highland Road.But no, the K&B drug store chain founded in 1905 in New Orleans that disappeared after being bought by Rite Aid in …
HAVANA — When it started, American teenagers were doing “The Twist.” The United States had yet to put a man into orbit around the Earth. And a first-class U.S. postage stamp cost 4 cents.The world is much changed since the …
The Metro Airport could be a storage spot for Coca-Cola products. The Airport Commission agreed Tuesday to enter into a six-month lease with the soft-drink maker to use part of the airport’s cargo facility as storage for Coca-Cola products. The …
The Downtown Development District will ask the Legislature for permission to seek an increase in its millage rate from the current 10 mills to up to 15 mills. But the head of the DDD said Tuesday its board has not …
Rendering provided by Antunovich Associates An illustration shows the design of the new Galatoire’s restaurant planned at Acadian Thruway and Perkins Road, in the same center that includes Acme Oyster House. The 7,500-square-foot building will include a 1,500-square-foot courtyard for …
Gallagher & Co. buys Detlefs Detlefs Johnson & Partners in Baton Rouge has been acquired by Arthur J. Gallagher & Co., a publicly traded international insurance brokerage and risk management services firm based in Itasca, Ill.Gallagher & Co. did …
ST. JAMES — NuStar Energy is investing $365 million to expand its St. James Terminal on the Mississippi River, creating 32 direct jobs and an estimated 269 indirect jobs in southeast Louisiana, officials said Tuesday.The project will increase the tank …
Louisiana Citizens Property Insurance Corp. plans to hold a special board meeting Friday to discuss settling a $100 million-plus judgment the insurer incurred for taking too long to begin handling claims for hurricanes Katrina and Rita, Insurance Commissioner Jim Donelon …
NEW YORK (AP) — It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession.Now the Dow is …
There have been some changes among Baton Rouge’s first family of flowers.However, customers shouldn’t notice much of a difference after Fred Heroman’s Flowers & Gifts on Florida Boulevard was sold to Billy Heroman’s Flowerland.William J. “Buzzy” Heroman, president and chief …
MIAMI — JP Morgan Chase & Co. has agreed to pay $110 million to settle a class-action lawsuit claiming the bank charged excessive checking overdraft fees.The tentative deal was disclosed in a filing Friday in Miami federal court. It still …