Overseer says he's "hamstrung" in suit over Saints investments in film creditsSeptember 24th, 2009 Overseer "hamstrung" in Saints La. tax credit caseNEW ORLEANS — A court-appointed overseer says he's been "hamstrung" in getting the records of a movie studio tied in a $1.7 million investment dispute with members of the New Orleans Saints.
Las Vegas Sands plans to raise up to $600 million in proceeds from exchangeable bonds saleSeptember 2nd, 2009 Las Vegas Sands plans exchangeable bonds saleLAS VEGAS — Las Vegas Sands Corp. said Wednesday that it plans to raise up to $600 million in proceeds from an exchangeable bonds sale, as the casino operator looks to boost its liquidity.
Orleans Homebuilders President Michael Vesey diesAugust 28th, 2009 Orleans Homebuilders executive diesBENSALEM, Pa. — Michael Vesey, the president and chief operating officer of Orleans Homebuilders Inc., has died, the company said Friday.
Standard & Poor's takes California off credit watch, easing the way for state to sell bondsAugust 19th, 2009 S&P takes California off negative credit watchSACRAMENTO, Calif. — A major bond-rating agency has taken California off its negative credit watch but says the state's financial situation remains precarious.
Public, not private money driving slow New Orleans downtownJune 26th, 2009 Public money driving slow New Orleans downtownNEW ORLEANS — A deal approved this week to fill up an empty skyscraper and keep the city's pro football team raises the bill of taxpayer funded redevelopment projects in downtown New Orleans to $300 million. And those projects are almost the sole source of rebuilding in the city that was devastated four years ago by Hurricane Katrina.
Euro zone industrial output slumps by record 21.6 percent in year to AprilJune 12th, 2009 Euro zone industrial output in record fallLONDON — Industrial production in the 16 countries that use the euro slumped in the year to April, official figures showed Friday, more indication that the euro zone may emerge from recession later than the United States or Britain. The European Union's statistics office Eurostat said industrial output a record 21.6 percent annually from March's 19.3 percent.
FBI statistics show New Orleans has regained its title as the nation's murder capitalJune 2nd, 2009 New Orleans again nation's murder capitalNEW ORLEANS — A newspaper analysis of fresh FBI statistics finds that New Orleans is once again the nation's murder capital. The Times-Picayune determined that with 64 killings per 100,000 people in 2008, New Orleans had the highest per capita murder rate in the nation, well ahead of second-place St.
Ben Harper, Emmylou Harris take stage at Jazz Fest; Tony Bennett gives instruments to schoolApril 30th, 2009 Ben Harper, Emmylou Harris to take Jazz Fest stageNEW ORLEANS — Rock musician Ben Harper and country singer Emmylou Harris take the stage for the second half of the New Orleans Jazz and Heritage Festival. Soul singers Marva Wright and Solomon Burke, singer and violinist Theresa Andersson, and the Little Freddie King Blues Band are also set to perform Thursday.
Saturday's NBA Playoff BoxesApril 26th, 2009 Saturday's NBA Playoff BoxesAnthony 10-24 4-8 25, Martin 5-8 2-3 12, Nene 1-4 0-0 2, Billups 3-10 8-10 16, Jones 1-3 5-6 7, Smith 5-14 0-0 14, Andersen 1-1 1-2 3, Carter 0-2 1-2 1, Kleiza 4-8 3-4 13. Totals 30-74 24-35 93.
Nuggets-Hornets, BoxApril 25th, 2009 Nuggets-Hornets, BoxAnthony 9-17 6-7 26, Martin 3-8 0-0 6, Nene 5-5 3-4 13, Jones 5-9 1-2 12, Billups 5-11 5-5 17, Andersen 3-3 5-6 11, Smith 5-8 0-0 12, Carter 0-1 0-0 0, Kleiza 4-7 3-4 14, Balkman 2-2 0-0 4, Petro 1-4 2-2 4, Hart 1-1 0-0 2. Totals 43-76 25-30 121.
New Orleans film producer gets 5 years in prison, fine in La. tax credit bribery schemeApril 24th, 2009 Film producer sentenced in La. bribe schemeNEW ORLEANS — A movie producer has been sentenced to five years in prison after pleading guilty to conspiring to bribe a former Louisiana film commissioner for tax breaks.
Hornets-Nuggets, BoxApril 23rd, 2009 Hornets-Nuggets, BoxStojakovic 5-9 3-3 17, West 9-20 3-3 21, Chandler 3-7 1-4 7, Paul 5-11 4-4 14, Butler 4-6 0-0 12, Posey 3-8 5-6 12, Marks 1-2 0-0 2, Brown 2-3 0-0 4, Wright 1-2 0-0 2, Daniels 1-5 0-0 2, Armstrong 0-1 0-0 0. Totals 34-74 16-20 93.
New Orleans police: 23-year-old booked with kidnapping, robbing, killing 19-year-old coupleApril 22nd, 2009 Man booked with kidnapping, killing La. coupleNEW ORLEANS — Police say a man turned himself in Tuesday and was booked on charges of kidnapping two teens from an apartment and fatally shooting them in an abandoned house in New Orleans.
'Blues Brother' actor on mission to help New Orleans' neighborhood rebuild after KatrinaApril 22nd, 2009 Aykroyd visits New Orleans rebuilding project siteNEW ORLEANS — Add Dan Aykroyd's name to the list of celebrities helping New Orleans rebuild neighborhoods devastated by Hurricane Katrina. The actor on Wednesday toured an area where developers plan to build homes for police officers, firefighters and other "first responders" on 21 storm-battered properties in the Gentilly neighborhood.
Standard & Poor's boosts New Orleans' bond rating to investment grade, move key to bond saleApril 21st, 2009 S&P upgrades New Orleans' bond ratingNEW ORLEANS — Standard & Poor's Ratings Services has boosted its bond rating for the city of New Orleans to investment grade, significant for the city as it continues recovering from Hurricane Katrina. After the 2005 storm, Standard & Poor's rated the city at below-investment grade, and an upgrade was seen as critical to the city's hopes of selling up to $80 million in bonds for infrastructure projects this year.