Today, Gov. Bobby Jindal joined Dr. Reddy’s Laboratories Vice President Paul Granberry to mark the company’s milestone of surpassing the 200-job mark at its Caddo Parish pharmaceutical facility. In late 2009, Dr. Reddy’s announced it would make a $16.5 million capital investment to increase capacity for existing products and to add capacity for new products. The original announcement projected 73 new jobs joining 161 retained jobs at Dr. Reddy’s.
Governor Jindal announced that the company is now forecasting greater growth. Dr. Reddy’s employs 229 people today, earning an average of $37,000 a year, plus benefits, and the company projects reaching 261 jobs later this year. That’s nearly 30 jobs more than originally announced. Dr. Reddy’s Laboratories Ltd. ranks as North America’s leading producer of sulfadiazine cream and as the No. 2 producer of prescription ibuprofen in the continent.
The bad news is the U.S. credit rating was recently downgraded by Standard and Poor’s. In essence, that rating agency said the soundness of our government’s finances is more risky than that of nations like England, France, Canada and Australia. The good news is that, directly in the wake of the downgrade, money poured into U.S. Treasury bonds from all over the world. Why? Because world financial institutions—particularly in Europe—are under pressure and investors, in spite of the downgrade, still think the U.S. government-backed securities are the safest of safe havens.
Should small campaigns use political polls?
Here's the political tip of the day from Louisiana Pollster, Buster McKenzie, John Maginnis and Tips of the day from How To Get Elected
United States Senator Mary L. Landrieu, D-La., released the following statement regarding today’s announcement by the U.S. Department of Interior and the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) that the federal government in December will hold the first oil and natural gas lease sale in the Gulf of Mexico since the Deepwater Horizon explosion and oil spill. The sale will take place in New Orleans on Dec. 14 and will include all available unleased areas in the Western Gulf Planning Area offshore Texas:
The Louisiana film industry and reality TV are a good marriage. Now, it could be even better as a new reality TV show isat the alter this Sunday featuring a French Quarter landmark, a wedding chapel.
Big Easy Brides will feature Reverend Anthony "Tony" Talavera and his wife Lou Ann Talavera of the French Quarter Wedding Chapel. The reality television show will be broadcasted by WEtv Ssunday August 21st starting at 9 PM CST.
Volunteer tour guides, the individuals who act as the unpaid ambassadors of New Orleans--and through whose efforts local museums and cemeteries receive much of their private fundraising--may soon be required to have the same bi-yearly background checks as sex offenders and convicted felons.
A new set of regulations propagated by the New Orleans Transportation Bureau and the Landrieu Administration would require local Tour Guides to have FBI Background checks, fingerprinting, criminal checks, drug tests, and license fees every two years just renew their right to lead a group of tourists on a tour.
On Thursday, New Orleans Mayor Mitch Landrieu charged the New Orleans Aviation Board to study whether it would be more feasible to build a new airport in place of the current Armstrong International or whether or expand the existing airport.
Bayoubuzz interviewed Nolan Rollins, the Chairman of the Board regarding this request by the Mayor.
Two of the NFL's most high-powered offenses will be on display when the Saints (1-0) and Texans face off for a preseason game on Saturday night at Reliant Stadium at Houston. The Texans are favored by 1 1/2 points. However, defenses stood out for both teams in their opening victories.
The Saints were stifling on defense in last week's 24-3 victory over the 49ers, while an overhauled Texans defense drew high marks for its first effort under new coordinator Wade Phillips in Monday night's 20-16 home victory over the Jets, two-time AFC runners-up.
Today, Mayor Mitch Landrieu asked the New Orleans Aviation Board to undertake an in-depth and robust analysis of proposals for the future of the Louis Armstrong New Orleans International Airport (MSY). One option is to build a brand new, state-of-the-art airport terminal on the north side of current airport property, which was rated very highly in MSY’s master plan. The other alternative is expanding the airport adjacent to and west of the existing facility.