Biz

New Orleans as a Brain Magnet

You could call it our entrepreneurial “spring.” Creative enterprise is coming into full bloom in New Orleans, as evidenced by the fact that it’s increasingly difficult to keep up with all the business success stories. Consider William Kethman, a 24-year-old…

Power Grab

Business sees Mississippi River as source of electricity.

Beads as a Business

It’s been more than 40 years since a middle-aged character in the now-classic movie The Graduate counseled young Benjamin Braddock, played by Dustin Hoffman, about his future. “I want to say one word to you,” Mr. McGuire advises Braddock. “Plastics.”Depending…

SUPERDOME’S ‘GOLDEN AGE’

Sometimes Doug Thornton can scarcely believe his own story: In August 2005, the giant stadium he oversees suffers millions of dollars worth of damage from a major hurricane and several days of housing tens of thousands of flood refugees. The…

Putting a Value on the Saints

Let us talk appreciation. No, not that warm, fuzzy feeling you get when somebody does something nice for you. I am talking about dollars growing into bigger dollars – like when your house (you hope) appreciates in value from year…

Jim Bob Moffett does it again

It is a typical pattern in the commodities business in the Gulf of Mexico: Just when you think the party’s over, something happens to bring it back to life. Recently, an independent oil company with deep roots in Louisiana gave…

ADVICE TO THE NEW MAYOR

Mayoral campaigns more often than not include promises to bring new business and jobs to the city, but mayors often allow themselves to get bogged down in meaningless activity to the neglect of more important business. Here are a few…

SIZING UP BIG EVENTS

With Mardi Gras near, people in the local hospitality industry must be gleefully rubbing their hands together. Their growing anticipation of the city’s signature annual celebration surely is working them into a frenzy, right? To a degree, yes. Carnival season…

READY ... SET ... LAUNCH!

Wanna start a business? It is just possible that the time is right in New Orleans.The local climate for startups has received considerable attention of late. That is because the national business press has picked up on New Orleans’ trend…

Hold on!

Homeowners, take heart: patience may pay off

Captial Position

The past year gave many Americans the financial shock of their lives. Though the trouble appeared to erupt from the investment banks of Wall Street, the roots of the problems reached deep into the credit practices of lenders across the…