Dollars and sense
(From The Times-Picayune) Publicly traded local banks participating in this year's Gulf South Bank Conference told investment analysts gathered at the Ritz-Carlton New Orleans hotel last week that they're focused on growth, dealing with...
DATE: May 21, 2012 | CATEGORY: News
Chinese company to buy U.S. movie theater chain AMC
Chinese conglomerate Dalian Wanda Group Co. announced this morning it's buying a major U.S. cinema chain—AMC Entertainment Holdings—for $2.6 billion in China's biggest takeover of an American company to date. The Beijing-based company...
DATE: May 21, 2012 | CATEGORY: Daily Report
News roundup: Yahoo to sell half of its Alibaba stake for $7.1B … FBI warns about hackers targeting hotel guests … Reports: Nasdaq 'embarrassed' about Facebook delay
Rebooted: Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders. The...
DATE: May 21, 2012 | CATEGORY: Daily Report
B.R., N.O. and Northshore set aside rivalries to flex combined political, economic muscle
Three years into an organized effort to give southeastern Louisiana a more powerful voice in its economic future, leaders of the fledgling initiative say it has found its wings. The Southeast Super-Region Committee, formed to unite the Baton Rouge,...
DATE: May 16, 2012 | CATEGORY: Daily Report
Compromising details
(From The Times-Picayune) After weeks of wrangling over a bill that would boost taxes on restaurant and bar tabs in a downtown "hospitality zone" and on hotels across New Orleans, supporters led by Mayor Mitch Landrieu's administration have...
DATE: May 15, 2012 | CATEGORY: News
Influential Women in Business luncheon tickets on sale now
Tickets for Business Report's 2012 Influential Women in Business Awards luncheon, set for Tuesday, June 5, at the Crowne Plaza Hotel, are on sale and can be purchased online. The luncheon will feature internationally recognized speaker and...
DATE: May 14, 2012 | CATEGORY: Daily Report
Shuttered hotel sells
The Comfort Suites Hotel on the east side of O’Neal Lane, just north of Interstate 12, has sold. The limited-service hotel had been closed. The property was owned by Divine Light (represented by Sukhdev Sandhu & Randeep Deol), which purchased...
DATE: May 14, 2012 | CATEGORY: Tom Cook
Permits
Sharon Hills Elementary School, 6450 Guynell Drive; Deumite Construction, contractors; $1,916,500 for one-story elementary building with four classrooms and covered walkway; 5,037 square feet.
DATE: May 14, 2012 | CATEGORY: Current Issue
Futuristic design
A futuristic design for a massive 4.3 million-square-foot mixed-use development, including a hotel, in the historic center of Zhengzhou, China, is one of seven “hotels of the future” lauded by Forbes magazine. Baton Rouge-based Trahan...
DATE: May 14, 2012 | CATEGORY: Current Issue
Supersized
Three years into an organized effort to give southeastern Louisiana a more powerful voice in its economic future, leaders of the fledgling initiative say it has found its wings. The Southeast Super-Region Committee, formed to unite the Baton Rouge,...
DATE: May 14, 2012 | CATEGORY: Current Issue
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