Quiet day on Wall Street with stocks mixed, oil up

New Orleans private companies show solid growth

March 14, 2019 - 3:57 pm

Jim Chesko reporting...

It was a fairly uneventful day on Wall Street, with stocks finishing narrowly mixed. The Dow Industrials managed a gain of 7 points, but the Nasdaq Composite fell 12 and the S&P 500 slipped 2 points.

Oil futures rose slightly. April crude added 35 cents to settle at $58.61 a barrel.

2018 was another year of solid growth for top private companies in New Orleans. The total amount of revenue generated by businesses responding to an annual ‘City Business’ survey was over $14.2 billion. Businesses at the top of the list for revenue were Ochsner Health System, Georges Enterprises and ICMC Health.     

It was a server issue. That’s the word from Facebook following Wednesday’s nearly daylong disruption to its core app as well as Messenger, Instagram and Whatsapp. In a statement, the social-media giant said the problems were the result of a server-configuration change and it apologized for the “inconvenience.”

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