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  • Perkins Rowe auctioned to bank in foreclosure sale

    August 28, 2013 11:03 AM

    BATON ROUGE - Perkins Rowe sold at a foreclosure auction today to KeyBank National Association, the lender which says it was never paid for loans used to build the development, for $69.3 million. The banks were the only bidder in the auction, which was over in minutes. KeyBank,... more »
  • Amazon founder Bezos to buy Washington Post

    August 5, 2013 4:00 PM

    WASHINGTON - Amazon.com founder Jeff Bezos is buying The Washington Post and other newspapers for $250 million. The longtime publisher, The Washington Post Co., announced the deal Monday. Bezos is buying the paper as an individual. Amazon.com Inc. is not involved. Washington Post chairman and CEO Donald Graham called Bezos... more »
  • Small Fla. city wonders who won Powerball jackpot

    May 19, 2013 10:15 AM

    ZEPHYRHILLS, Fla. - Some lucky person walked into a Publix supermarket in suburban Florida over the past few days and bought a winning Powerball ticket now worth an estimated $590.5 million. On Sunday, Zephyrhills residents wondered who the winner of Powerball's highest jackpot in history might be. The ticket-holder hadn't... more »
  • The Advocate sold to businessman John Georges

    April 30, 2013 9:28 PM

    BATON ROUGE- The Advocate, the city's daily newspaper, posted on its website Tuesday night, it had been sold to John Georges. "The Advocate, which dates back 171 years and serves readers from Lafayette to New Orleans, is one of the few newspapers in the United States whose print circulation... more »
  • W French Quarter hotel sells for $25.5 million

    April 1, 2013 4:08 PM

    NEW ORLEANS - The W hotel in New Orleans' French Quarter has been sold but will keep its name. News releases say Chesapeake Lodging Trust bought the W New Orleans-French Quarter for $25.5 million from Starwood Hotels & Resorts Worldwide Inc. Both chains say Starwood has a longterm contract to... more »
  • Cortana sold for $6 million

    March 28, 2013 10:20 PM

    BATON ROUGE- Cortana Mall, the shopping center on Airline Highway, was purchased for $6 million. The company, Moonbeam Capital Investments, said it plans to upgrade the mall. The company is based in Las Vegas. Moonbeam said it plans to get input from the community on what stores and... more »
  • Smoothie King HQ to stay, expand in La.

    November 20, 2012 4:06 PM

    METAIRIE - Louisiana-based Smoothie King, which was sold in July to a South Korea-based corporation, will move its headquarters from Covington to Jefferson Parish and expand its 45-person headquarters staff with 60 new jobs. The announcement was made Tuesday by state officials and Greater New Orleans Inc., the economic development... more »
  • Baton Rouge apartment complex sold

    October 9, 2011 9:22 AM

    BATON ROUGE - A New York investment firm has acquired the Cottages of Baton Rouge, a 392-unit student housing complex. Kayne Anderson Real Estate Advisors, the private equity real estate arm of Kayne Anderson Capital Advisors, did not disclose the price it paid to Birmingham, Ala.-based Capstone Properties. ... more »
  • Big House now Privately Owned

    September 1, 2011 7:19 PM

    Ohio becomes the first state to sell a state prison after Louisiana Governor Bobby Jindal floated the idea and it was killed in the legislature earlier this year. The eleven-year-old Lake Erie Correctional Institution was sold to Corrections Corporation of America for $72.7 million. Another private company will operate two... more »
  • Michael Jackson 'Thriller' jacket fetches $1.8M

    June 26, 2011 4:44 PM

    BEVERLY HILLS, Calif. - A famed black-and-red calfskin jacket that Michael Jackson wore in the classic "Thriller" video has sold at auction for $1.8 million. Darren Julien, president and CEO of Julien's Auctions in Beverly Hills, says the jacket was purchased Sunday by Milton Verret, a commodities trader from... more »
  • Winning tickets sold for Easy 5, Louisiana Lotto

    May 8, 2011 1:11 PM

    NEW ORLEANS - Lottery officials say someone in LaPlace purchased the winning Louisiana Lotto ticket from Saturday night's drawing while the winning Easy 5 ticket was purchased in Baton Rouge. The Louisiana Lotto jackpot was $972,000. The winning numbers are 2-6-15-16-24-28. The winning numbers for the $71,000 Easy... more »
  • Aunt describes saving her niece from prostitution

    January 31, 2011 6:36 PM

    BATON ROUGE – Police arrested a Baton Rouge man Saturday and accused him of using an underage girl for prostitution. For the past week, Shannon Darcey has spent hours hanging signs and spreading the work that her niece was missing. She never thought her niece would be sold for... more »
  • Jindal encourages Hornets attendance

    December 8, 2010 11:11 AM

    BATON ROUGE - Gov. Bobby Jindal is urging Louisiana residents to "pack the arena" for the upcoming New Orleans Hornets home games, in an effort to boost attendance figures and keep the team in the state. The NBA is proceeding with a plan to buy the Hornets from its owners... more »
  • Ascension Parish stores busted selling alcohol to minors

    October 29, 2010 3:17 PM

    DONALDSONVILLE, La. - Workers at four stores in Ascension Parish face possible fines for selling alcohol to minors during a sheriff’s office sting operation. Chief Deputy Tony Bacala said investigators with the Juvenile Division took 17-year-olds around to 17 convenience stores in the parish and had them attempt to buy... more »
  • Road Home auction raises $2M

    July 20, 2010 5:44 AM

    The Louisiana Land Trust has sold off 129 storm-damaged properties in southeastern Louisiana that were sold to the state through its Road Home program. An auction Saturday attracted 248 bidders and raised nearly $2 million in funds that will be converted to block grant money. The properties in St. Tammany,... more »
  • Monroe man convicted of counterfeiting

    June 24, 2010 5:48 AM

    A Monroe man has been convicted of a charge he printed and sold counterfeit money out of his home. Wilbert Ross was convicted of one count of counterfeiting. He faces a maximum sentence of 20 years in prison and a $250,000 fine. His sentencing is set for Oct. 4. FBI... more »
  • New strawberry labeling law enacted

    June 16, 2010 5:12 AM

    Strawberries sold in the state are now required to have a "farm of origin" label on their packaging. Agriculture Commissioner Mike Strain says the labeling will let consumers know they're getting the freshest product possible. The bill by Rep. Stephen E. Pugh, of Ponchatoula, was signed by Gov. Bobby Jindal... more »
  • Shreveport Brass Works shuts down after 93 years

    June 4, 2010 9:47 AM

    After 93 years, a Shreveport foundry has been sold and shut down. Shreveport Brass Works opened in 1917 as an iron, brass and bronze foundry serving oilfields and manufacturing. The company's owner said the foundry is a victim of a dying industry, and the U.S. industry cannot compete with China. more »
  • 7-year-old girl sold and gang-raped

    April 3, 2010 5:37 PM

    Two adults and three juveniles have been charged with gang-raping a 7-year-old girl who police say was sold by her 15-year-old stepsister during a party at a crime-ridden New Jersey apartment building. Details on the arrests were announced at a Saturday night news conference at police headquarters in Trenton,... more »

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