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Investors put $1 million into local startups

The NO/LA Angel Network recently invested $1 million in three local startups: Servato Corp., MicroBiome Technologies and SmartPak. The investment group was founded 11 months ago by Michael Eckert, former chief executive officer of The Weather Channel. NO/LAAN invests only in companies based in Louisiana or that have a Louisiana nexus. The network started with 40… Continue reading →

Bywater, Lower Ninth Ward auto insurance costs among country’s highest

New Orleans residents in the Bywater and Lower Ninth Ward pay some of the highest auto insurance rates in the country, according to, an online rate comparison site. Residents of the 70117 zip code pay the fifth-highest rates in the country. The comparison looked at full-coverage rates for a 2014 Honda Accod in 33,410 zip codes.… Continue reading →

Bike sharing offered at Baton Rouge, New Orleans developments

Residents of mixed-use developments in Baton Rouge and New Orleans can or will soon be able to take advantage of a bike-sharing program through Zagster. The High Grove in Baton Rouge -- 192 apartments and more than 25,000 square feet of retail space -- has four bikes available. Residents can borrow the cruiser-style bikes for up to… Continue reading →

Entergy unveils $665 million Westwego power plant

Advocate staff photo by ELIOT KAMENITZ--Louisiana Public Service Commission Chairman Clyde Holloway makes a point as he talks with Phillip R. May, president and CEO of Entergy Louisiana, LLC and Entergy Gulf States Louisiana , LLC,  at opening ceremonies of Ninemile 6 facility in Westwego, La. Monday, Jan. 26, 2015. According to the company, the ceremony marks the successful startup of operations at Ninemile 6, the cornerstone of EntergyÕs Louisiana companiesÕ plans to modernize their generation fleet with highly efficient, reliable generation to meet customersÕ needs and help grow the stateÕs economy. While Entergy Louisiana owns the new 560-megawatt unit, Entergy Gulf States Louisiana and Entergy New Orleans customers will see benefits as well.

With the flip of a ceremonial switch — a gesture that was repeated a few times for good measure — Entergy officials on Monday unveiled the company’s newest power generator: a $665 million natural-gas-burning facility in Westwego that uses about a third less fuel than older models and is expected to save customers in Louisiana tens of millions… Continue reading →

‘Little things’ could mean state tax savings

Associated Press photo by PABLO MARTINEZ MONSIVAIS -- Tax preparer Richard Sowell works with Courtney Mayhew at H&R Block offices in Atlas District in Washington. The Internal Revenue Service started last week accepting electronic returns and processing paper ones.

Although no major changes took place in the Louisiana tax code, accountants and financial advisers want taxpayers to remember the little things, like claiming often-ignored tax credits and exemptions. “Some of the things that people should be aware of that they sometimes miss are the little things, like the Citizens Insurance tax credit,” said Jennifer McGinnis, director… Continue reading →

AARP Tax-Aide provides free services

Kathy Pickering, executive director of The Tax Institute at H&R Block

AARP Tax-Aide, a free, volunteer-run tax counseling and preparation service, can address most tax issues faced by low- and middle-income taxpayers, with special attention to those ages 60 and older. Sessions are scheduled: EAST BATON ROUGE MAIN LIBRARY: 7711 Goodwood Blvd.; e-filing; 8:30 a.m.-11:30 a.m. Mondays, Feb. 2-April 6; Tuesdays, Feb. 3-April… Continue reading →

Business Briefs for Jan. 25, 2015

The Louisiana Restaurant Association Education Foundation is accepting scholarship applications until April 10 from individuals pursuing a career in the culinary and/or hospitality industry. Applicants must be currently enrolled or accepted in a bachelor’s and/or associate degree-seeking program, pursuing a career in the restaurant, food service, tourism… Continue reading →

People in Business for Jan. 25, 2015

Russell Mosely, of Long Farm Village and Mosely Law Firm

Mitzi P. Lampo has been named a manager with Pedelahore & Co. LLP. She has been with the firm since 2004 and specializes in advising closely held businesses on their operations, including accounting, system design, taxation and internal controls.… Continue reading →

Business Honors for Jan. 25, 2015

Lisa Skemp, Our Lady of the Lake College

Lisa Skemp, professor of nursing at Our Lady of the Lake College, was inducted as a fellow by the American Academy of Nursing for her leadership in education, management and policy focused on improving health and also as a fellow by the Gerontological Society of America for outstanding contributions to the field… Continue reading →

Business Meetings for Jan. 25, 2015

BNI LOUISIANA WHEN: Tuesday, 11:30 a.m. to 1 p.m. WHERE: Olde Towne Soda Shop, 301 Cousin St., Slidell COST: $20, BNI members; $25 general public RESERVATIONS: Call (504) 834-5264 or visit… Continue reading →

New Orleans plummets in economic rankings; Greater New Orleans Inc. disagrees with findings

The seven-parish New Orleans area dropped 109 places on the nonprofit Brookings Institution’s annual economic ranking of the world’s 300 largest metros released Thursday. The New Orleans area was ranked 125th in the world by Brookings in 2013, but fell to 234th in 2014, said Jesus Trujillo, a researcher with Brookings’ Metropolitan Policy Program… Continue reading →

Baton Rouge, New Orleans top magazine’s filmmaking list

File photo -- New Orleans ranked as the second best small city to live and work in as a filmmaker in 2015 by MovieMaker Magazine. The CBS television series 'NCIS: New Orleans'  is among projects shot in the city.

MovieMaker Magazine has named Baton Rouge and New Orleans as the first and second best small cities to live and work in as a filmmaker in 2015. The magazine ranked its five best film-making cities ranging from 100,000 to 400,000 in population. Baton Rouge and New Orleans were followed by Savannah, Georgia, Pittsburgh and Orlando, Florida.… Continue reading →

New Orleans gambling market rises as state gains

Gamblers lost more than $234.8 million at Louisiana’s 20 major gambling venues in December, a combined year-over-year increase of 14.4 percent. Much of that gain came from the addition of a third riverboat in Lake Charles, which draws many of its customers from Texas. Nearly $55.9 million of that money — about 23.8 percent, went to… Continue reading →

Production begins at Lucius field in deepwater Gulf

A partner in the Lucius oilfield says production has begun in the Gulf of Mexico. The field in the Keathley Canyon area is about 236 miles southwest of Port Fourchon in 7,200 feet of water. Anadarko Petroleum Corp., the operator, said the facility has the capacity to handle 80,000 barrels of oil… Continue reading →

N.O.-area residents to get help searching for unclaimed property

The State Treasury is giving New Orleans area residents an opportunity to get help searching for more than $150 million in unclaimed property through an Unclaimed Property Awareness Day being held Saturday at Lakeside Shopping Center in Metairie. Employees from the Treasury’s Unclaimed Property Division will be stationed from 10 a.m. to 3 p.m. in… Continue reading →

Billions at stake as latest phase of BP civil trial opens

Associated Press file photo -- In this April 21, 2010, file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon.

Barring a last-minute settlement, a federal judge in New Orleans is set to begin hearing testimony Tuesday as he considers how many billions of dollars BP and a minority partner in its ill-fated Macondo well should have to pay as a penalty for their roles in the massive 2010 Gulf of Mexico oil spill. This… Continue reading →

Lafayette, Orleans metros adding parishes; Hammond becomes a metro area

Happy New Year to the Lafayette, New Orleans and Hammond areas. Acadiana and the Big Easy just added parishes to their metropolitan statistical areas, making them bigger, while Hammond becomes the centerpiece of a new, ninth metro area for the state that encompasses Tangipahoa Parish. The big news, though, is Lafayette’s new metro just… Continue reading →

People in Business for Jan. 18, 2015

Gasper Chifici, of Burk-Kleinpeter Inc.

Matt Miller has been named a partner in the Baldwin Haspel Burke & Mayer LLC law firm. His practice involves representation in the areas of taxation, mergers and acquisitions and estate planning.  … Continue reading →

Business Honors for Jan. 18, 2015

Theresa Lockwood, Baton Rouge Physical Therapy Lake

Theresa Lockwood was presented with the 2014 Outstanding HR Professional of the Year Award by the Greater Baton Rouge Society for Human Resource Management. Lockwood is the director of human resources at Baton Rouge Physical Therapy Lake. The award recognizes individuals who have made significant contributions to the HR profession and… Continue reading →

Business Meetings for Jan. 18, 2015

LOUISIANA NOTARY ASSOCIATION-BAYOU REGION WHEN: Tuesday, 7 p.m. WHERE: Lin’s Chinese Buffet, 404 N. Canal Blvd., Thibodaux SPEAKER: Luke Morris on “Small Successions” RESERVATIONS: Clorissa Caillouet,… Continue reading →

Millennium acquires three occupational medicine clinics

Metairie-based Millennium Healthcare Management Urgent Care has expanded into the rehabilitation business with the acquisition of the East Jefferson Occupational Medicine Clinics in Metairie and Kenner and the St. Charles Occupational Medicine Clinic in Luling. Terms of the deal were not disclosed. MHM operates 16 urgent care centers, which treat ailments and injuries. “MHM… Continue reading →

Caesars subsidiary files bankruptcy reorganization plan; Harrah’s New Orleans won’t be affected

Harrah's New Orleans casino

Harrah’s New Orleans will not be affected by Caesars Entertainment Operating Co.’s reorganization filing in U.S. Bankruptcy Court, according to parent company Caesar’s Entertainment. “Harrah’s New Orleans is open for business and continues to operate as usual. Harrah’s New Orleans is not owned by CEOC and is not part of its voluntary Chapter 11 filing,” Caesars Entertainment… Continue reading →

Affordable Care Act enrollment in Louisiana tops 126,000, sees big jump from 2014

Some 126,454 Louisiana residents have gotten coverage through the Affordable Care Act, roughly 24,000 more than in all of 2014. The figures were release Wednesday by the U.S. Department of Health and Human Services. Insurance executives in Louisiana had expected 2015 enrollment in what is commonly referred to as “Obamcare” to exceed 2014. Enrollment for the first… Continue reading →

Milwaukee firm acquires Napoleon Medical Office Building

Milwaukee-based Physicians Realty Trust said Wednesday it has acquired the 10-story Napoleon Medical Office Building, across the street from Ochsner Baptist Medical Facility in New Orleans, for $10.5 million. The medical office building has 65,775 square feet of space and 89 percent of that is leased, according to Physicians Realty Trust. The New Orleans acquisition was one… Continue reading →

Freeport-McMoRan reports successful well test

Freeport-McMoRan Oil & Gas’s Highlander well in St. Martin Parish tested at 43.5 million cubic feet of natural gas per day, according to parent company Freeport McMoRan. The onshore well was drilled to a depth of 29,400 feet in 2014. Freeport-McMoRan Oil & Gas has identified a number of prospects in the Highlander area, where the company… Continue reading →

Bollinger delivers 12th Coast Guard cutter

Bollinger Shipyards LLC has delivered its 12th Fast Response Cutter, the Isaac Mayo, to the U.S. Coast Guard. The 154-foot patrol craft has a top speed of 31 mph and will be based out of Key West, Florida. The cutters are named for enlisted Coast Guard heroes. In 1879, the Sarah J. Fort, a three-masted schooner,… Continue reading →