In stores: Tom Benson’s Dixie Beer has hit shelves in Baton Rouge. The iconic brand that recently returned to Louisiana announced Wednesday that Crescent Crown is distributing the brew in the Capital City and in Lafayette. Dixie, new Dixie Light and Dixie Blackened Voodoo Lager are available in kegs and 12-ounce longneck bottles. Dixie and Dixie Light also will be available in cans. Dixie Beer is now owned by billionaire Tom Benson, owner of the Saints and the Pelicans, who last month announced that he had purchased the century-old brand. Get more information.
For sale: DebtX, the largest marketplace for loans, is selling $1.1 billion in First NBC loans on behalf of the FDIC. DebtX announced the sale today in two offerings that will take place on Tuesday, Sept. 12, and on Tuesday, Sept. 26. The portfolio includes performing and nonperforming loans, comprised primarily commercial and industrial (C&I), real estate-backed C&I, single family residential, and government guaranteed loans. Banking regulators seized defunct New Orleans-based bank, which faced questions about its practices, in April. Its transactional accounts were transferred to Whitney Bank. First NBC was the first federally insured bank to fail this year. Get more information.
Watch live: If you want to get a look at the new Galaxy Note 8 that will be unveiled at Samsung’s Unpacked event on Wednesday, Aug. 23, check out a live streaming by Samsung and another stream by CNET. Samsung is expected to unveil the newest addition to the popular oversized series of phones. The Galaxy Note 8 is the long-awaited update of the Note 7, which was recalled last year after handsets caught fire due to a design flaw. Read more at CNET.
