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…

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…

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…

Architects: Jobs on the Drawing Boards

It is an occasionally fortunate fact of economic life in New Orleans: Business trends here sometimes run counter to those elsewhere in the country. At times like the present, that can be a good thing. Corporations and builders nationwide have…

Scoring Sports

There probably was a time in New Orleans when the onset of winter holidays wasn’t associated with sports, but such a time is hard to imagine today. For decades, Thanksgiving has drawn thousands of football fans to the city for…

Rising Tide

The sailing has been far from smooth for the U.S. economy of late, and New Orleans feels the effects right along with many other cities. But through the fearsome economic storms, at least one local industry appears buoyant. The shipbuilding…

Fighting Coastal Erosion

When people are busy dining, wining or simply soaking up the culture of New Orleans, it seems unlikely they’d be concerned about what’s happening in some nearby marsh. Yet folks around here have every reason to care about what’s unfolding…

Casinos Battle Recession

It is a good thing oil prices have been through the roof lately, at least from the perspective of state budget officials. All that dough rolling in from mineral royalties and taxes makes it easier to overlook the fact that…

Dollars for Runways

Based strictly on its climate, New Orleans would seem to have it made in the shade when it comes to solar power. Basking in some of the most intense sunshine of any city in the U.S., and logging more sunny…