economic impact News

New Orleans Sue Several Oil, Gas Firms over Coastal Erosion

NEW ORLEANS — The City of New Orleans is suing several oil and gas companies over coastal erosion. Mayor Latoya Cantrell on Friday announced the lawsuit, which alleges that pipeline work has caused massive damage to Louisiana’s wetlands and “threatened …

Epic Snow Fall in New England Causes Economic Woes Across All Industries

Ignore anyone who tells you snow is free. Every workday lost during New England’s winter has meant millions of dollars taken out of the regional economy. IHS Global Insight, an economic analysis firm, estimates Massachusetts alone suffered roughly $1 billion …