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The Port Of New Orleans Will Close In 2021 After Achieving Major Milestones In All Four Business Lines

The Port of New Orleans (Port NOLA) completed the year in 2021 with wins in all four of its business lines: cargo, rail, industrial real estate, and cruise. Breakbulk and bulk volumes were risen 46% from the previous year, compared to calendar year 2020. Last year, Port NOLA handled 2.4 million short tons, compared to …

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The Headquarters Of A Luxury Short-Term Rental Company Has Relocated To New Orleans

New Orleans will be the new home for Heirloom, a “large-format premium lodgings provider” with more than 300 locations nationally. Additionally, the corporation said that it aims to spend $30 million in local development initiatives this year, in addition to recruiting 30 percent more staff in the New Orleans area. An article in the New …

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New Orleans Will Not Have The Rebound Year It Requires In 2021

NEW ORLEANS (WAFB) – Parades have resumed, and brass bands have returned. New Orleans’ music venues are once again filled out, and restaurants are brimming with mouthwatering Cajun and Creole cuisine. The city is striving to rebuild its culture economy after being crippled by the coronavirus pandemic, which included a devastating summer Delta surge and …

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Nearly 70% Of Executives In The New Orleans 500 Expect Increased Revenue In 2022

Area business leaders are upbeat about their companies’ financial prospects in 2022, but they’re wary of the risks the pandemic’s unpredictable track and the possibility of further hurricanes next year pose to the wider New Orleans economy. These are some of the findings of a Biz New Orleans email poll of the “New Orleans 500,” …

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Business Review: Crescent Capital, Angevin & Co., Urban Properties, Home Bank, And A Lot More

Captrust Financial Advisors, a retirement and investment advisory firm based in North Carolina, has just bought Crescent Capital Consulting, which is based in New Orleans. Crescent manages investments for institutions and high- and ultra-high-net-worth families, as well as for people who are very rich. It also has a lot of clients who are endowments and …

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According To Business Leaders, The Most Immediate Concern For The New Orleans Economy Is A Labor Deficit

With just over a month until Mardi Gras, the New Orleans economy is facing an acute worker shortage, which could slow the rate of recovery in the short term, industry experts said Thursday at the 2022 Times-Picayune | New Orleans Advocate economic summit. With so many people losing their employment during the pandemic’s deadliest days, …

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